Loan Against Property Eligibility

Eligibility criteria for self-employed professionals & non-professionals:

You need to have a minimum annual income of INR 1.80 lakhs and above

• You should be at least 21 years while applying for a loan and at maximum 65 years at the time of loan maturity 
• Your organization/business should be operational for the last three years
• Your organization/business should be making consistent profits for the last two years

Eligibility criteria for salaried individuals:

You need to have minimum monthly income of INR Rs40,000/- and above

• You should belong to the age bracket between 18 years and 60 years.
• You should be an Indian resident.
• You should hold a Graduate degree if you are employed with a private limited company or partnership firm. If you are employed with Public limited company or MNC or Government or Public Sector Company, then there is no such criteria.

Calculate your EMI:

• Repaying the loan amount becomes less stressful with our flexible monthly EMIs feature. Use our Loan against Property calculator to estimate the amount you have to pay every month. 
  

Documents Required for Loan against Property:

Get quick loan disbursal with hassle-free documentation.

Check our complete list of loan against property documents . 

Why should you apply for Loan against Property from Kotak Bank?

Some of the highlighting features of seeking Loan against property with Kotak Mahindra Bank includes –

• The loan can be taken against commercial, personal, and industrial properties
• You can get a payback tenure of up to 15 years
• You can avail a loan amount between INR 10 Lakh to INR 5 Crore

You can benefit from loan against property by fulfilling the basic eligibility criteria requirements.