How it works
You pledge a residential or commercial property you own. The lender values it and typically offers a percentage of that value as a loan.
Property checks
Lenders review title, approvals, encumbrances and the property's condition and location. Clear, marketable title is essential.
Use the funds wisely
Common uses include business needs and large planned expenses. Avoid using it for speculative purposes.
Know the risks
Because the property is the security, default can lead to recovery action. Make sure the EMI is comfortable in lean months too.
Documents lenders commonly ask for
Typically identity and address proof, income proof (salary slips or income-tax returns and bank statements), and property or business documents where relevant. Exact requirements differ by lender. Ownership papers, tax receipts and the property's approved plan are also reviewed.
Documents checklist
Tap your category. Exact requirements vary by lender, and we confirm the final list for your case.
Self-employed
- Property photos
- Bank statement: 1 year (PDF)
- ITR: last 2 years, full set
- GST certificate
- PAN card
- Aadhaar card
- Property documents
- Khata
- Encumbrance Certificate (EC) from 2004 to date
- Sale deed
- Mother deed
- Property tax paid receipts
- Existing loan sanction letters
- Loan repayment track (statement)
Salaried
- Property photos
- Salary slips: last 3 months
- Bank statement: 6 months till date
- PAN card
- Aadhaar card
- Property documents
- Khata
- Encumbrance Certificate (EC) from 2004 to date
- Sale deed
- Mother deed
- Property tax paid receipts
- Existing loan sanction letter
- Loan repayment track (statement)
Co-applicant documents
- Aadhaar card
- PAN card
- Photo
- We do not promise approval, rate or loan amount
- Understand all charges including processing, valuation and prepayment
- Take independent legal advice on pledging your property
Business Links facilitates loan-related enquiries and assistance. It is not a bank or NBFC unless separately authorized. Loan eligibility, approval, interest rates and disbursement are determined by the respective lending institution.
EMI Calculator
Results are indicative and use the standard reducing-balance method. The starting values are only an illustration, not an offer. Actual lender terms, fees and rates may differ.