.png)
With the FinBank India Loan Against Property, you don’t have to worry about financing big-ticket expenditures. Our loan is offered at favorable interest rates, customized with the best features to leverage your property effectively. That’s not all, you get the flexibility to choose a repayment tenure that suits your financial condition.
Check out some of the other salient features and benefits of mortgage loan from banks and NBFC
 | Minimum Documentation There’s no need to worry about furnishing endless paperwork when you apply for a mortgage loan with us. You only need to submit essential documents, which in turn helps in saving time and expediting the loan application process. |
 | Quick and Easy Loan Processing Our application process is quick and efficient through an online application process, ensuring a seamless experience for our customers. Once the loan application is submitted, you will be assisted by our representative to facilitate quick processing and disbursal of the loan. |
 | Loan on Different Kinds of Properties We offer loans against a range of property types, including residential, commercial, industrial, warehouse, etc. |
 | Higher Loan-To-Value (LTV) on Market Value We offer higher loan amount to handle your financial obligations. We offer a high LTV Ratio on the property’s market value, ensuring you get enough funds for any purpose. |
 | Competitive Interest Rates Our Loan Against Property is offered at attractive interest rates, which can help reduce the EMI amount and ensure that you are not financially overburdened. |
 | Longer Tenure Enjoy the benefit of flexible repayment tenure of up to 180 months, allowing you to manage repayments better, without affecting your monthly budget. |
 | Transparent Processing We maintain 100% transparency with all our customers. All applicable fees and charges are communicated throughout the loan process and are clearly listed within the loan documentation. |
 | High Loan Amount You can get a high sanction amount to cover any need. |
 | Different Product Categories Depending on the requirements that you might have, we offer two specific loan products: a Loan Against Property (LAP) and a Loan for Commercial Property purchase (LCP). Under LCP, the customer can borrow funds for the purchase of commercial property at a high Loan-to-Value (LTV) and a competitive interest rate. The funds are directly released to the seller/builder of the commercial property. |
Unlock the true value of your home or commercial space with FinBank India's Loan Against Property. Whether you need funds for personal or business needs, you can use your property as collateral to get a loan amount of up to ₹50 Crore.
With our quick and simple online application process, you can easily get a Loan against property without any hassle. Additionally, our loan comes with a flexible tenure that makes loan repayment convenient.
You can avail of this secured loan for any purpose, be it debt consolidation, funding higher education abroad, or covering medical expenses. Furthermore, with minimal documentation, you can experience a seamless loan journey - from application to disbursal. Apply now!
Some of the common ways to utilize these funds are to:
*Expand an existing business. *Renovate business infrastructure or a home
*Consolidate high-interest debt *Fund overseas higher education
Pay for a medical emergency *New Alliances
In a fast-paced world, access to easy credit is an obstacle you need to cross to complement your dreams and desires. We’ve eliminated all those hurdles for you and have optimized our loan processing protocols to offer you a quick and easy experience. Qualifying for the FinBank India Loan Against Property is easy as we have an easy eligibility criterion and require only basic paperwork to approve a loan.
| Description | Salaried Individuals | Self-Employed Individuals | Firm / Company |
| Eligible Borrowers | Salaried individuals working with LLP / Private Limited / Public Limited companies |
| Partnership or Private Limited companies engaged in manufacturing, servicing, or trading |
| Age | Applicant must be a minimum of 21 years at the time of loan application and should be a maximum of 60 years at loan maturity | Applicant must be a minimum of 18 years at the time of loan application and should be a maximum of 75 years at loan maturity | Proprietor / key partner / key director should be a minimum of 18 years at the time of loan application and should be a maximum of 75 years at loan maturity |
| Experience / vintage | 3 years of total experience and 6 months with the current employer | Should be in the same business/profession for the last 5 years | Business stability/vintage of minimum 5 years in the same business |
| Citizenship | Individuals must have Indian citizenship | Individuals must have Indian citizenship | Proprietor/partners/directors must have Indian citizenship |
Note: The above-mentioned eligibility list is indicative. Additional eligibility criteria may be required during loan processing by FinBank India.
| Description | Salaried Individuals | Self-Employed Individuals | Firm / Company |
| Identity Documents | PAN Card/Aadhaar Card/Driving License/Voter ID/Passport | PAN Card/Aadhaar Card/Driving License/Voter ID/Passport | GST Registration Certificate (If applicable) and Other Applicable Registrations, KYC of Partners / PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport |
| Address Proof | The Electricity bill for owned premises, Rent agreement for Rented premises, Passport |
| The Electricity bill for owned premises, Rent agreement for Rented premises, Passport for Partner / Directors |
| Income Documents | 3-month salary slips |
| Income Tax Returns along with computation for the last 2 years, Profit/Loss statement and balance sheet for the last 2 years, GST Returns |
| Bank Account Statement | Salary credit bank account statement for the last 6 months | Operative bank account statement for the last 12 months | Operative bank account statement for the last 12 months |
| Property Documents | If already finalised, along with legal & technical clearance of the property | ||
*The above-mentioned documents list is indicative, and additional documents may be required during loan processing.
Pune, Mumbai, Ahmedabad, India
Copyright 2024, theFinBank All Rights Reserved.