When someone is looking for a loan by the way of mortgaging his property which is freehold (no matter if it is residential or industrial or commercial) is called loan against property.

Why do we need Loan against Property-?

In today’s fast age of tough competition everyone wants to be successful. Everybody wants to become more and more rich and successful in his life. So what is the most important thing to be successful? The most primary important thing to get success in your life is to be positive, think positive and act positive.

Then we need to dream and not only dream but to dream big. And when you have dared to dream, the next challenge comes how to realise it.

We help you in fulfilling that dream by the way of offering loan against property. We are providing the lowest rate on loan against property in market through different banks and NBFCs..

We are offering loan against property from Dewan Housing Finance, Cholamandalam, HDFC and Citi Bank and many other banks.

Depending on whether you are salaried, or a self-employed professional, or a self-employed businessman, banks ask for different set of documents when offering an LAP.

The documents to be submitted when applying for an LAP are as follows:

For salaried individuals

• Proof of identity or residence
• Latest salary slips
• Form-16 issued by present employer
• Bank statements of six months preceding the month in which loan is applied for
• A cheque covering the administrative costs incurred by the bank in processing the application
• A cheque covering the processing fee charged by the bank For Self-employed Professionals:

For Self-employed Professionals:

• Proof of identity or residence
• Educational qualification certificates, degrees, diplomas, and other academic credentials
• IT Returns of the three years preceding the one in which loan is applied for
• Bank statements of six months preceding the one in which loan is applied for

For Self-employed Business Persons:

• Proof of identity or residence
• Educational qualification certificates, degrees, diplomas, and other academic credentials
• Proof of existence of business
• Detailed business profile
• Profit and loss sheet and balance sheets of the company for the three years preceding the one in which loan is applied for
• IT Returns (of both self and the company) of the three years preceding the one in which loan is applied for
• Bank statements of the six months preceding the one in which loan is applied for