Commercial Property Loan

Loan amount from Rs. 10 Lakhs to Rs. 10 Crores

Loan against Commercial Property

Commercial property is the type of property, which is purposed to generate profit or income, generally it encompasses commercial real estate, hotels, restaurants, medical centres, office building etc.

The loan borrower having possession on commercial property can leverage it to avail decent sum of money that can be used to settle different financial requirements. It can be used to maintain consistency in flow of funds in business operations, channelizing it in the investment of machinery & equipment or repair expenses, renovating the space etc.

Features and Benefits

Loan Amount

Get the loan amount on commercial property up to Rs. 10 crores

Rate of Interest

We charge competitive rate of interest on commercial property

Loan to Value

Get the true worth of your property with loan to value upto 40 - 70%

Quick Approval

We value your time and process LAP within few days

Eligibility & Documents

LAP is a smart option to resort when in need of huge money and at low rate of interest. Find out here who can apply and other mandatory eligibility criteria that are required.

Minimum Age
  • Minimum 25 years (At the time of loan application)
  • Maximum 65 years (At the time of loan maturity)
  • Property owner age to be max 75 years at the time of loan maturity.
Who can apply?
  • Salaried Employees
  • Self-Employed Individuals
  • Professionals
Income Stability
  • Salaried Employees: Minimum of 2 years
  • Self-Employed: Minimum 3 years

Documents

Get the elaborated detail of each document you need to submit while applying for loan against commercial property.

  Salaried Self Employed/Professional
Income Documents
  • Salary slip for last 3 months
  • Bank statement or copy of passbook of last 6 months
  • Last 2 years Form 16 / ITR
  • Last 2 yrs complete audited financials
  • Last 6 months bank statement of all business accounts
  • Last 6 months saving bank statement of Proprietor / Partner / Director
Identity proof Any one of the following:
  • Driving License
  • Aadhar Card
  • Passport
  • Voter ID
  • PAN
Any one of the following:
  • Driving License
  • Aadhar Card
  • Passport
  • Voter ID
  • PAN
Job or Business stability
  • Should be in service for minimum 2 years
  • Full time job employment
  • SENP/SEP should be in current business/profession for 3 yrs

Proof of business registration:

  • GST registration
  • Incorporation Certificate
  • VAT/CST certificate
  • Importer Exporter Code
Residential address proof Any one of the following:
  • Registered Rent Agreement
  • Passport
  • Latest Utility Bill
  • Aadhar Card
  • Voter ID card
Any one of the following:
  • Registered Rent Agreement
  • Passport
  • Latest Utility Bill
  • Aadhar Card
  • Voter ID card
Signature Proof
  • Passport
  • Pan Card
  • Bank Verification
  • Passport
  • Pan Card
  • Bank Verification
Property Documents
  • Complete chain of property documents
  • Sanction MAP
  • Complete chain of property documents
  • Sanction MAP
Other documents
  • Employment contract
  • Appointment letter if job is less than 1 year old
  • Schedules of all running loans
  • Two passport sized photographs signed across
  • GST Returns
  • Schedules of all running loans
  • List of Directors & shareholders (For Company)
  • Copy of degree (For Professional)
  • Two passport sized photographs signed across

Personal Loan

Loan amount from Rs 1 Lakhs to Rs 25 Lakhs

Business Loan

Loan amount from Rs 5 Lakhs to Rs 50 Lakhs

Corporate Lending

Special Situation and Acquisition Financing