ABOUT LOAN AGAINST PROPERTY

Do you know that your home holds the key to your future? Whether you want to expand your business, or you need funds for your personal use, our Loan Against Property will cover all your financial needs. We offer an array of attractive options based on their specific needs along with flexible loan tenure and attractive interest rates.

What is Loan Against Property?

There are times when everyone needs a little extra funds. Whether it is for personal or business needs, with Loan Against Property, you get immediate access to money by using either your home or any other property as security. From expanding your business to buying machinery with Loan Against Property, you will never have to compromise.

Apply for a Quick Loan




    KEY FEATURES

     

    Loan Amount

    ₹10,00,000 – ₹7,00,00,000

     

    Loan Tenure

     12 – 180 months

     

    Interest Rates starting at

    9.00%

    Quick & Easy Processing

    We know that you need funds immediately, which is why we process your loan application swiftly. With minimal paperwork and online application, the entire process can be done online. It’s easy. It’s fast.

    Overdraft Facility Available

    Looking for extra cash? Overdraft facility is made available to meet your financial contingencies.

    Nature of Collaterals Accepted

    We accept a wide range of collateral to fund your immediate financial needs. From pre-owned residential, properties to commercial buildings, we work with you and for you.

    Pre-Qualified Top Up

    Getting extra finance couldn’t get easier. Our existing customer gets the facility of the Pre-qualified Top Up loan.

    Application Process

    • 1

      Online Application

      You can apply for a loan by just filling up your basic details.

    • 2

      Document Submission

      Post receiving your loan eligibility, furnish the required documents to take your application ahead.

    • 3

      Verification

      We will verify your loan application; and submitted documents.

    • 4

      Approval

      Post approval, the loan is sanctioned.

    • 5

      Disbursal

      Receive the required loan in your bank account - it's that simple!

    Loan Against Property Eligibility And Documents

    For Salaried Individual:

    Loan Against Property Eligibility for Salaried Individual –
    • Segment – Working in MNC / Public Ltd. Co/ Large Pvt. Ltd. Co./State Govt/ Central Govt. / PSU
    • Age – Minimum- 25 Years and Maximum- 60 Years at loan maturity
    • Income per annum – Rs 2,40,000
    • Occupational Stability – Minimum 3 Years
    Loan Against Property Documentation for Salaried Individual –
    • Application Form – Application form to be submitted to initiate the Loan Against Property request
    • Photograph
    • Photo Identity Proof – A copy of your Voter ID / Passport / Driving License / Aadhaar Card
    • Address Proof – A copy of your Ration Card / Electricity Bill / Passport
    • Income Proof – Submit Form 16 and a copy of your bank statements for the last two months
    • Salary Slips – A Copy of your Salary slips for the last two months

    For Self Employed Professional:

    Loan Against Property Eligibility for Self Employed Professional –
    • Segment – Doctors, Architects, Chartered Accountants
    • Age – Minimum- 25 Years and Maximum- 60 Years at loan maturity
    • Income per annum – Rs 2,50,000
    • Occupational Stability – Minimum 3 Years
    Loan Against Property Documentation for Self Employed Professional –
    • Application Form – Application form to be submitted to initiate the Loan Against Property request
    • Photograph
    • Photo Identity Proof – A copy of your Voter ID / Passport / Driving License / Aadhaar Card
    • Address Proof – A copy of your Ration Card / Electricity Bill / Passport
    • Income Proof – Submit Form 16 and a copy of your bank statements for the last two months
    • Signature Verification

    For Non Individual:

    Loan Against Property Eligibility for Non Individual: –
    • Segment – Firm, Pvt Ltd , Public
    • Age – N/A
    • Income per annum – Rs 3,00,000
    • Occupational Stability – Minimum 3 Years (with two years cash profit)
    Loan Against Property Documentation for Non Individual: –
    • Application Form – Application form to be submitted to initiate the Loan Against Property request
    • Photograph
    • Photo Identity Proof – A copy of your Voter ID / Passport / Driving License / Aadhaar Card
    • Address Proof – A copy of your Ration Card / Electricity Bill / Passport
    • Income Proof – Submit Form 16 and a copy of your bank statements for the last two months
    • Signature Verification

     

    What are the benefits of Loan Against Property?

    Loan Against Property offer benefits such as:

    • Flexible repayment options
    • Lower interest rates
    • Tax benefits
    • Quick and fast approvals

    What types of properties will be considered?

    Self-occupied residential property, commercial property (offices, shops etc.) and alternate property (Residential plots, schools, hospitals, Industrial property, hotels) can be considered as collaterals.

    Will I get Loan Against Property if I own it along with my relatives?

    Yes, you can. However, all the co-owners of the property will also have to become co-applicants of the loan.

    What are the variants of Loan Against Property?

    • Loans to traders for working capital needs
    • Loan to manufacturers
    • Lease rental income

    What can I use Loan Against Property for?

    Whether you needed the funds to expand your business or have to meet your personal requirements, we work with you to make sure you have the funds you need. Here are some uses for Loan Against Property:

    • Personal needs
    • Meet Working Capital needs
    • Renovation of property
    • Investments
    • Asset acquisition
    • Consolidation of debt
    • Mortgage buyout
    • Refinance of self-financed property

    Can I pre-pay my loan?

    Yes, you can prepay your outstanding loan amount in parts or in full.

    Am I eligible for a Loan Against Property?

    Whether you are salaried, self-employed or a business enterprise, we have set basic eligibility for Loan Against Property.

    Parameters Salaried Self Employed Professionals Self Employed Non Professionals (Indviduals) Non Individuals
    Segment Working in MNC / Public Ltd. Co/ Large Pvt. Ltd. Co./State Govt/ Central Govt. / PSU Doctors, Architects, Chartered Accountants Traders, Retailers and wholesalers Firm, Pvt Ltd , Public
    Age Minimum- 25 Years Maximum- 60 Years at loan maturity Minimum- 25 Years Maximum- 60 Years at loan maturity Minimum- 25 Years Maximum- 60 Years at loan maturity N/A
    Income Per Month ₹ 2,40,000 ₹ 2,50,000 ₹ 2,50,000 ₹ 3,00,000
    Occupational Stability Minimum 3 Years Minimum 3 Years Minimum 3 Years Minimum 3 Years (with two years cash profit)

    What are the documents I require for a Loan Against Property?

    You only need to provide some basic documents to process your Loan Against Property.

    Documents Salaried SEP/SENP Non Individual
    Application Form Yes Yes Yes
    Photograph Yes Yes Yes
    Identity Proof Yes Yes Yes
    Residence Proof Yes Yes Yes
    Signature Verification Yes Yes Yes
    Income Details (2 years) Form 16 and latest 2 months salary slips IT returns, Profit & Loss and Balance Sheet IT returns, Profit & Loss and Balance Sheet
    Bank Statements Latest 6 months Latest 6 months Latest 6 months

    Customer Testimonials

    Me and my wife just got married and as indian weddings are expensive, we needed a quick loan to go for our honeymoon, getting a personal loan for travel helped us in going to our desired destination

    Rachit Jain

    IT Professional - New Delhi

    My sister planned to do her master from one of the design schools in USA and we really worried about the documentation process and timelines involved. Be rest assured GoldRock Management not only offered us with competitive interest rate their hassle free process helped us secure admission before the deadline.

    Reema Sharma

    Business Women - Noida

    My search for low interest rates on loan brought me to GoldRock Management. The entire experience of getting a loan was smooth and easy. Finance has never been my forte but GoldRock Management has made me believe that finance can be my cup of tea!

    Sharad Kumar

    Small Business Owner - New Delhi