Overview
Apply for Indusind Bank Loan against Property to meet your business or personal needs. Our “Loan against Property” solutions will help you unlock the hidden value of your property. With this multi-purpose loan you can now fulfill any of your personal or business needs. What’s more, this loan can be comfortably repaid over a period of 15 years.
Benefits
Attractive Interest Rate
Maximum loan eligibility at attractive interest rates
Loan against Residential or Commercial Loan
Loan for purchase of commercial & Residential property
Additional Finance
Funding against rentals from commercial property
Balance Transfer
Balance Transfer at attractive rates
Commercial Loan
Loan for purchase of commercial property
Rates & Fees
IndusInd Bank is by your side if you need finance to purchase a plant or machinery for your business unit. Or, you can also purchase a vehicle for commercial or personal use with us as partners.
Download Schedule of ChargesEligibility Criteria
Eligibilty for Loans Against Property
Following constitution borrowers are eligible
- Individuals/Proprietorship concerns
- Partnership firms
- Private Limited Companies
- Closely held Public Ltd Companies (not listed on any stock exchange)
Salaried Individual
- Any individual employed permanently in any Public sector Undertaking, Government undertaking, Multi National Company, Listed public limited company or well-known private limited company can apply
- Minimum age at the time of loan application should be 21 years & maximum age at loan maturity should be lower than retirement age
Self Employed Professional/Non Professionals
- Doctors, Charted Accountants, Cost Accountants, Architects, Engineers, Company Secretary, CFA's can apply
- Any individual filling Income Tax returns can apply
- Minimum age at the time of loan application should be 21 years & maximum age at loan maturity should not exceed of 70 years
Documentation Required for Loans Against Property |
||
|---|---|---|
| Â | Individuals | Non Individuals |
|  Application form | Application form with photograph | |
| KYC Documents | Valid identity/Residence/Signature proof | |
| Proof of Income | Latest Form 16/ITR copy/Appointment letter and latest 3 months’ salary slips / Salary Certificate | Latest 2 years ITR along with Computation and Acknowledgement. 2 years financials with full schedules & audit rpt (Form 3CD & 3CB). Financials to be audited for T/O > 40 /60 Lacs case else shd be CA certified |
| Bank Statement | Latest 6 months bank statement of the MAIN CA/SA/CC/OD account | |
| Property documents | Copy of all property documents of the concerned property that you wish to mortgage for loan | |
| Processing fee | Processing fee cheque | Processing fee cheque |
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Loan against Property
Apply for IndusInd Bank Loan against Property to meet your business or personal needs which helps you unlock the hidden value of your property.
Key Feature and Benefits
- Loan Against Residential or Commercial Property
- Loan for Purchase of Commercial Property
- Additional Finance
- Balance Transfer
- Lease Rental Discounting