What are the documents required for a loan against property?
Bajaj Finserv a property loan against minimal documentation and simple eligibility criteria. Both salaried and self-employed individuals can avail the loan, and the documents required vary accordingly.
Documents required for salaried individuals*
Below are the documents required for loan against property for salaried individuals:
- Latest salary slips
- Bank account statements of the previous 3 months
- PAN card/ Form 60 of all applicants
- ID proof
- Address proof
- Document of the property to be mortgaged
- IT returns
- Title documents
Documents required for self-employed individuals*
Below are the documents required for Loan Against Property for self-employed individuals:
- Primary bank account statements of the previous 6 months
- PAN card/Form 60 of all applicants
- Address proof
- ID proof
- Income documents like ITR/ financial statements, etc.
- Documents of the property to be mortgaged
- Title documents
*Please note that this list of documents is indicative. During loan processing, additional documents may be required.
When you apply with a co-applicant, the documents required for the mortgage loan include identity and address proof of all the co-applicants. In both cases, you also need to provide passport-size photographs.
Once you meet the loan against property eligibility terms, keep these documents ready to receive hassle-free approval. Use our online property loan EMI calculator to know your fixed monthly outflow and plan your finances accordingly. Check out the loan against property eligibility to furnish to avail the credit.
