Loan Against Commercial Property

Loan Against Commercial Property

Our Loan Against Commercial Property loan facility can be used to meet all your business expansion, working capital requirements as well as personal needs.

Loan Term

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

Eligibility

The following entities are eligible for Loan Against Commercial Property

  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 properties, such as

  1. Commercial property
  2. Commercial Plot

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

Loan Against Commercial Property

More than often, while meeting a business need, we face financial constrains that act as an impediment to our financial growth. Sarvasva Capital Loan Against Property is one of the many loan products we offer, to help our customers overcome financial obstacles, by utilizing their present commercial, immovable assets better.

This property mortgage loan has been designed for those who own a commercial plot or property, anywhere in India

If you happen to own a commercial property that you can utilize as an immovable asset to create further wealth for yourself, then by all means you should opt for this mortgage loan against your property, without a single worry.

Doing so, can help you meet your business growth plans like – an expansion, setting up a plant, buying further commercial property or paying off business debts that need urgent attention.

Any individual with a commercial property can avail this well-designed loan against property online. From a salaried individual to a self-employed proprietor, property loan is easy to apply for and flexible to repay as well.