Overview
A secured loan option where you pledge your property as collateral to get funds for business expansion, medical emergencies, or debt consolidation.
Key Information
*Interest rates, loan amounts, tenure and eligibility are subject to the applicant's profile, lender policies and applicable terms and conditions.
Who Can Apply?
- Salaried individuals owning high-value real estate
- Self-employed business owners and micro-entrepreneurs
- Partnership firms and private limited companies
- Applicants with clear marketable property titles
Eligibility Criteria
Eligibility depends on the market value of the mortgaged property, rental yield potential, business turnover or salary structure, and credit history.
Please Note: Final eligibility is determined by the relevant lending institution based on credit bureau reports, income consistency, and internal policy rules.
Documents Generally Required
- Identity & address proofs
- Business registration proof & financial statements
- Salary slips & Form 16
- Last 12 months bank statements
- Complete property title deeds and approved maps
The exact requirements may vary depending on the selected lender and the applicant's specific profile.
Frequently Asked Questions
What can I use the loan amount for?
Funds can be utilized for personal or business purposes, including working capital, marriage expenses, or business scaling.
Can I continue living in the property during the loan tenure?
Yes, ownership remains entirely with you, and you retain possession and usage rights over the mortgaged asset.
What percentage of property value is given as a loan?
Typically, lenders offer between 50% to 70% of the verified market value of the property.