Loan Against Property
Gives you access to immediate funds
Benefits of Bharosa Bank Loan Against Property
- Low EMIs
- Immediate Funds availability
- Fast and easy Loan Processing
- Speedy Approvals
- Flexible Tenure
- Simple and Hassle free Documentation
- Easy Balance Transferring
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Types of Loan Against Property
Bharosa Bank offers modified loans against property to help you conveniently meet different high-ticket purchases. Apply for a loan amount as per your requirement/eligibility and get a reasonable loan against the property interest rate along with other privileges benefits such as the fastest loan give within 24-48hours* Flexi loan facility and more. Bharosa Bank brings various types of property loans that are customized to fulfill particular financial purposes unique to each borrower. Avail of the most applicable loan variant to cover a range of costs from medical emergencies, higher education, weddings, and much more.
- Loan against commercial or residential property
- Loan against property for self-employed
- Loan against property for salaried employees
- Loan against property for home renovation
- Loan against property for education
- Lease rental discounting
- Loan against Property for chartered accountants
Loan Against Property Eligibility Criteria
The loan against property acceptability depends on whether you are a self-employed salaried individual, small or medium-sized enterprise. Your repayment potential is assessed on factors such as fixed obligations, credit history, your income, and so on. Along with the loan application form, you will have to submit the following documents required for a loan against property:
- Age(Maximum age of applicant at loan maturity: 60 years)
- Proof of Identity
- Address Proof
- Bank Statements for the last 6 months
- Last 6 months salary slips (for salaried customers)
- Audited financial statements (for self-employed and SME applicants)
- Form 16
- Income Tax Returns for the last 3 years
- Processing fee cheque
- Documentation pertaining to the property offered as collateral