When applying for a loan against property, ensuring you have the necessary documentation is crucial for a smooth and efficient process. Here's a concise checklist to guide you:
- Property Title Deed
- Know Your Customer (KYC) Documents
- Property Valuation Report
- Income Proof (Salary slips, IT returns, etc.)
- Bank Statements
- Loan Application Form
- Passport-sized Photographs
- Property Tax Receipts
- NOC from Co-owners (if applicable)
- Legal Documents (Sale deed, agreement, etc.)
Having these documents ready will expedite your loan application and increase your chances of approval.
Click Here to Read More: Complete Documents Checklist for Loan Against Property Borrowers