Loan Services
Loan against property — larger amounts, longer tenure, lower rate
A mortgage loan, also called a loan against property, lets you borrow against property you already own while continuing to use it. Because the loan is secured, the amount is larger, the tenure longer and the rate lower than an unsecured loan.
This is the most under-used product we handle. People with property worth a crore will take a personal loan at a much higher rate for a need that a mortgage loan would have covered far more cheaply, simply because no one explained the option.
The trade-off is real and worth stating plainly: the property is security, so a sustained default puts it at risk. It is the right instrument for a purpose that generates a return or solves a large, defined problem — not for routine spending.
Because the loan sits against property, documentation depends on both your income source and the property itself — the groups below cover both sides.
- Typical tenure
- Up to 15 years, sometimes longer
- Funding share
- Commonly 50–70% of assessed property value
- Eligible property
- Residential, commercial and in some cases industrial
- End use
- Business, education, medical, consolidation, construction
Who this suits
- Clear, marketable title in the applicant's name, with all co-owners willing to join the application
- Documented income sufficient to service the instalment
- Property that is not under dispute and carries a clean encumbrance certificate
- All co-owners available for the legal formalities
Documents required for mortgage loan
KYC documents
- Aadhaar and PAN for all owners
- Active mobile number
- Email ID
- Address proof, if required
Income documents — salaried owners
- Latest 3 months' salary slips
- Salary certificate, if applicable
- Form 16 or other income documents, if required
- Latest 12 months' bank statement
Income documents — business / self-employed owners
- Udyam / MSME certificate, where applicable
- Complete ITR for the last 3 years
- GST 3B returns for the last 12 months, if applicable
- GST registration certificate
- Latest 12 months' bank statement
- Business financial statements, if required
Property documents
- Title deed / sale deed and parent documents, typically covering 13 to 30 years
- Previous title documents
- Patta or chitta
- Encumbrance certificate
- Current property tax receipts
- Approved building plan, where a building is involved
- DTCP approval, where applicable
- Other legal and technical documents requested by the lender
Exact requirements vary by lender, employment profile and loan amount. We confirm the precise list for your file before anything is submitted, so nothing comes back for a missing page.
Mortgage Loan — common questions
Yes. Possession stays with you. The lender holds a charge on the property, not the property itself, and rental income continues to be yours.
The lender appoints a valuer. Their figure is what the loan is calculated from, and it is frequently lower than the market price you have in mind, particularly for older buildings and land in outlying areas.
Most lenders will not fund against pure agricultural land. Converted land with residential or commercial classification is generally acceptable. We check the classification before starting the file.
Tell us what you need
A loan, a building, a plot — start with a conversation. We will tell you plainly whether we can help and what it will cost.