Checklist of Documents Required for Property Loan
Property loans offer a way to turn real estate dreams into reality by helping you secure a home or investment property. With careful planning and effective financial management, these loans provide opportunities for homeownership and long-term investment growth.
Documents Required for Mortgage Loan Against Property (Without Income Proof):
- Duly filled application form
- PAN Card
- Aadhaar Card
- Bank Passbook
- Account Statements for the last 6 months
- Ensure savings are at least twice the estimated EMIs on your loan against property, and provide corresponding account statements
For Terms and Conditions, please contact the IMFL.
Charges:
- File Charges: ₹3720.00 (Security amount; ₹3000 will be refunded with the loan amount)
- Documentary Fees: ₹720.00 (Non-refundable)
- Male/Female Candidate Interest Rate :- 6.25 Flat Per Annum
Eligibility Criteria for Loan:
- Applicants must fulfill KYC document requirements.
- Age should be between 18 and 58 years.
- Applicants should not have any adverse credit record.
- Applicants must meet the acceptable credit norms set by IMFL.
