Loan
Loan Against Property
You usually stay in the house. Bank keeps a charge on the papers, not the keys — as per their rules.
Who can apply
People who already own a house or shop with clear papers.
Basic eligibility
- Clear property papers
- Income to pay the EMI
- Property should not already have a big loan
Papers you need
- Property papers and tax receipts
- Income and bank statement
- PAN, Aadhaar
Common questions
Will I have to leave the house?
For a normal house loan against property, you usually stay. Bank takes papers as security.