Commercial Property Purchase Loan

Commercial Property Purchase Loan

Our Commercial Property Purchase Loan facility enables you to purchase properties such as office spaces, shops, clinics and other business establishments.

Loan Term

The maximum term of your loan can be up to 15 years.

Eligibility

The following entities are eligible for Commercial Property Purchase loans:

  1. Salaried individuals
  2. Self Employed Individuals
  3. Proprietorships
  4. Partnerships
  5. Limited Liability Partnerships
  6. Private Limited Companies
  7. Limited Companies

Acceptable Collaterals

Primary collateral will consist of immovable commercial property which is being purchased.

Charges

Know more about charges.

Documents for Salaried Individuals

KYC Documents of applicant and co-applicants


Salary slip for the last 3 months / Salary Certificate (If variable components like Over Time and Incentives are reflected then salary slips for the past 6 months are required)


Latest Form – 16 if salary above Rs. 20000/- per month


PAN Card


Copy of all bank pass books / bank statements for the past 3 months including front page


Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any


Property Documents


Company profile if it is a lesser known organization


Note: Original documents are required for verification purpose only

Documents for Proprietorship

  KYC Documents of proprietor and co-applicants


 Shop and establishment certificate/VAT/Sales Tax Registration Certificate


 PAN Card


 Last 2 years financials with audit report


 Last 6 months Bank statement of all bank accounts


 Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any


Property Documents


Note: Original documents are required for verification purpose only

Documents for Partnership Firms

  Registered partnership deed


 KYC of partners


 PAN Card of firm and partners


 Shop and establishment / VAT/ Sales Tax Registration Certificate


 Last 2 years financials with audit report


 Last 6 months Bank statement of all bank accounts


 Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any


Property Documents


Note: Original documents are required for verification purpose only

Documents for Companies

  Memorandum of Association(MOA) / Articles of Association(AOA)


 Latest shareholding pattern


 KYC of Directors


 PAN Card of the entity and Directors


 Last 2 years financials with audit report


 Last 6 months Bank statement of all bank accounts


 Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any


Property Documents


Note: Original documents are required for verification purpose only

Documents for Listed Companies

  Memorandum of Association(MOA) / Articles of Association(AOA)


 Latest shareholding pattern


 KYC of Directors


 PAN Card of the entity and Directors


 Last 2 years financials with audit report


 Last 6 months Bank statement of all bank accounts


 Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any


Property Documents


 Declaration that borrower, Company or any of its Directors have not been debarred / blacklisted / penalized by any Stock Exchanges / SEBI/ RBI. Declaration that the proposed borrowing is within the limits prescribed u/s 293(1)(d) of the Companies Act, 1956.


Note: Original documents are required for verification purpose only

SARVASVA CAPITAL

Purchase Of Commercial Property

Many a times you may stop yourself from purchasing a new or under-construction property, simply due to the lack of money. With Sarvasva Capital Commercial Property Loan, you need not do so, anymore.

This loan has been designed keeping your financial needs in mind, particularly for commercial buying. The loan allows you to purchase a ready-to-use or an under-construction commercial property that you wish to buy. Whether you are salaried or running your own business, any individual with an earning can easily apply for this loan and avail its varied benefits. Not to mention, hassle-free documentation work and doorstep services are just some of the features, we offer our customers for a loan on commercial property.

Thanks to this loan, you can now go ahead and book that shop, commercial floor or immovable property you wanted to own and thus continue to grow your business assets, without constrain.