About Loan Against Property
India Shelter envisions a future where boundless opportunities await those who strive for a better life. With Loan Against Property, we empower you and your loved ones to turn dreams into reality. This multi-purpose loan serves as a steppingstone towards fulfilling aspirations, whether it's growing your business, venturing into new opportunities, or securing additional income streams. Your dreams are within reach – let's build them together!
Loan amount between INR 5 Lakhs to INR 50 Lakhs
Attractive Interest Rates for Loan Against Property
Integrated branch network
Quick and hassle-free loan processing
Expert guidance on Loan against property
Transparent and customer-centric approach
ITR not mandatory
Features of Loan Against Property
Advantages of various features of Indian Shelter Loan Against Property
Competitive interest rates
Loan Against Property typically usually has lower interest rates compared to other unsecured loans.
Higher loan amount
Depending on the value of the property, the borrower can avail a higher loan amount
Repayment tenure
The repayment tenure for Loan Against Property can be up to 15 years, which gives the borrower ample time to repay the loan.
Attractive interest rates
Loan Against Property generally offers more competitive interest rates when compared to unsecured loans.
Enhanced borrowing capacity
Based on the property's value, the borrower becomes eligible for a larger loan amount.
Extended repayment period
The borrower benefits from a repayment tenure of up to 15 years, providing ample time to repay the loan. (Please confirm the specific year for the maximum tenure.)
Loan Against Property Eligibility
*Ensure all documents are valid and not past their expiry date (in the case of Driving License and Passport).
Who Can Apply for Loan Against Property
Property Ownership
Property Value
Age
Income
Credit Score
Documents Required for Loan Against Property
Identity proof for Salaried People
- Passport
- Voter ID
- Aadhar Card
- Driving License
Address Proof for Salaried People
- Passport
- Voter ID
- Aadhar Card
- Electricity bill/ water bill/ telephone bill
- Driving License
Proof Of Income for Salaried People
- Salary Slips/Bank Statement/Form 16
- Salary Certificate
Other Documents for Salaried People
- Signed Application Form with Picture
- Cheque For Processing Fee
- Bank Statement of Last 6 Months
Property Documents for Salaried People
- Title Deeds of the Property
- Proof of No Encumbrances on the property
Identity proof For self-employed people
- Passport
- Voter ID
- Aadhar Card
- Driving License
Address Proof For self-employed people
- Passport
- Voter ID
- Aadhar Card
- Electricity bill/ water bill/ telephone bill
- Driving License
Proof Of Income For self-employed people
- IT Returns and/or Financial Statements of last 3 years And/or
- Informal Income Documents
Other Documents For self-employed people
- Signed Application Form with Picture
- Cheque For Processing Fee
- Proof of business existence
Property Documents For self-employed people
- Title Deeds of the Property
- Proof of No Encumbrances on the property
Reviews and Ratings
Authentic experiences through the voices of our valued customers
Ram Chander
Sonipat
After struggling to secure a loan to expand my shop, India Shelter came to my rescue. Their branch staff provided unwavering support, making the loan process smooth and hassle-free. Thanks to India Shelter, my business has flourished, and I'm grateful for their assistance.
Gore Lal Santram Choudhari
Nagpur
Dreaming of starting my own business in disposable cups & plates, I needed financial support. India Shelter, conveniently located nearby, turned out to be the perfect solution. From guiding me through the loan process to swiftly processing my application, their team's assistance was invaluable. I extend my heartfelt thanks to India Shelter for believing in my vision.
Rohit Fulare
Bhiwadi
Struggling to expand my shop in Nagpur, I was fortunate to discover India Shelter. Their straightforward loan process, coupled with expert guidance, made all the difference. With India Shelter's support, I not only secured the loan I needed but also turned my business expansion dreams into reality. Thank you, India Shelter, for making it possible.
Sumit Milan Dambare
Nagpur
After struggling to expand my business and facing rejection from various companies, India Shelter came to my rescue. Their loan executive provided prompt assistance, guiding me through a seamless loan process with minimal paperwork and no hidden charges. Thanks to India Shelter, my business has experienced significant growth, and I'm delighted with their services.
Rajesh and Preeti Sahu
Nagpur
Desiring to grow our grocery and vegetable store, we sought financial assistance. India Shelter, recommended by a relative, proved to be the perfect solution. Their branch manager and staff understood our needs, making the loan process simple and efficient. With minimal documentation, we received our loan promptly. Thanks to India Shelter, our business has flourished, and we are grateful for their support.
Pawan Kumar
Zirakpur
As an army professional in need of funds for my children's weddings, the excessive paperwork and formalities at other banks were overwhelming. Thankfully, India Shelter came to my rescue with their swift and hassle-free loan process. Their exceptional customer service and minimal formalities made the entire experience pleasant. I'm proud to be a customer of India Shelter.
FAQs
Who can avail Loan against Property from India Shelter?
What are the documents required to apply for Loan against property with India Shelter?
- Proof of residence
- Proof of identity
- Certified/latest financial documents
- Copies of all property documents (Need to check)
Can I use the funds obtained from Loan Against Property (LAP) for any purpose?
How does Loan Against Property work?
What is the security that I need to provide to get a Loan Against property (LAP)?
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