Documents
For Salaried

• Pan card
• Identity proof Driving License/ Passport/ Voter's ID/Aadhaar card (Voluntary)
• Address proof for Both Office and Residence;
• Passport/Driving License/Voter's ID/ Utility Bill/Bank Statement/Bank Account Passbook (Updated and no more than 3 months old)/Aadhaar card (Voluntary)
• Ownership proof Agreement Copy / Electricity Bill / Maintenance Bill with share certificate / Municipal tax bill/Share certificate
• Relationship Proof – If same cannot be proved from KYC documents submitted
• Latest 3 months’ Salary Slips
• Latest Form 16
• Employment Proof (Appointment Proof) only if current employer name does not match with that of the Form 16 submitted
• Latest 6 months Bank Statement reflecting Salary as well as existing EMI repayment

For Proprietor/Firm/Company

• Pan card
• Identity proof Driving License/ Passport/ Voter's ID /Aadhaar card (Voluntary)
• Address proof for Both Office and Residence;
• Passport/Driving License/Voter's ID/ Utility Bill/Bank Statement/Bank Account Passbook (Updated and no more than 3 months old) /Aadhaar card(Voluntary)
• Ownership proof Agreement Copy / Electricity Bill / Maintenance Bill with share certificate / Municipal tax bill/Share certificate
• Business continuity proof Shop and Establishment certificate/Tax registrations-VAT/Service tax/GST registrations
• MOA/AOA/Partner Ship Deed/GST Registration Certificate/Form 32 for knowing latest director
• Latest three years audited financials.
• Last three years Tax Audit Report. (Form 3CB + 3CD in case of proprietorship and partnerships and Form 3CA + 3CD in case of Companies)
• GST
• Breakup of all secured and unsecured loans
• As on date List of Directors and  Shareholding Pattern
• Existing loan Sanction letters and their corresponding EMI reflecting bank statement for last 1 year .
• Last 1 year bank statement (Business Accounts)

Processing fees
Maximum 1% of the loan amount + GST

Benefits

• Attractive Interest Rates
• Loan for your business as well as personal needs
• Dedicated Relationship Manager
• The Kotak Mahindra Bank Loan against Property can be availed for purposes such as education, travel, and other personal expenses.
• Applicants can use their residential property, commercial or industrial properties as collateral.
• Flexible  eligibility criteria.
• Hassle -free online application process.

Criteria

• Loan against Property Eligibility for Salaried Individuals:
• Their age should be at least 21 years or above at the time of loan application but under 65 years at the time of loan retirement.
• Their proof of income is above INR 1.8 LPA. They also need to furnish profits of the past two years of business and a record of the business of at least three years.
•  Loan Against Property Eligibility for Self Employed Individuals:
• The applicant should hold a graduate degree if the applicant works in a private limited company or a partnership. But they won’t need this if you are working for a public limited company.
• Applicants should have an income above INR 40,000 per month and must be working for the past 2-3 years.
• The applicant should be at least 18 years or above at the time of application but under 60 years at loan retirement.

Documents
For Salaried Individuals:

• A copy of any of the following as proof of residence:
• Ration Card ,Telephone Bill, Electricity Bill, Voter's ID Card
• A copy of any of the following as proof of identity:
• Voter's ID Card, Employer's Card ,PAN , Aadhaar card
• Latest Bank Statement/Passbook from where you can show a salary/income being credited for the previous 6 months
• Salary slip for the previous 6 months showing all deductions
• Form 16 for the previous 2 years
• Copies of all the property documents of the concerned property to be pledged for the loan

For Self Employed Professionals/Individuals:

• Certified Financial Statement for the previous 3 years
• A copy of any of the following as proof of residence:
• Ration Card, Telephone Bill, Electricity Bill, Voter's ID Card
• A copy of any of the following as proof of identity:
• Voter's ID Card, Employer's Card, PAN , Aadhaar Card
• Latest Bank Statement/Passbook from where you can show a salary/income being credited for the previous 6 months
• Copies of all the property documents of the concerned property to be pledged for the loan

Processing fees
1% of the loan amount   

Benefits

• Resident Indians who are salaried or self-employed are eligible for this loan scheme.
• Flexible  loan tenures up to 15 years.
• Quick  and hassle-free documentation process.
• The borrower can use his/her residential or commercial property as collateral to avail the loan.
• Simple  monthly installments repayment options.
• High Loan Amounts
• All our charges are communicated up front, at the time of the processing of the loan. No hidden charges or fees.

Criteria

• Salaried professionals working in government or private organizations are eligible.
• Self-employed individuals engaged in different business activities. The bank offers exclusive offers and schemes for self-employed professionals.
• Age: 21-65 years
• Nationality: Indian residents
• Profession: Salaried/Self-Employed Professionals (doctors, lawyers, CAs, architect, consultant, engineer, CS, etc.)/Self-Employed Non-Professionals (Commission agent, trader, contractor, etc.)

Documents

• Application Form with photograph duly signed   
• Identity, residence and age proof   
• Processing fee cheque   
• Office address proof   
• Copy of title documents for the property being mortgaged
• Proof of business stability/existence   
• Business profile   
• Latest 6 months’ bank statement (salary account for salaried, Current Account for self-employed)
• Latest 3 months’ salary slips   
• Form 16/ Income Tax Returns   
• Educational qualification certificate   
• Latest 3 years’ Financials – Computation of Income
• Latest 3 years’ Financials – Balance Sheet and Profit & Loss Account (with Schedules and Audit Report) – Audited or CA certified   
• RTR for existing loans for last 12 months           

Processing fees
0.25% of the loan amount

Benefits

• Tenure up to 15 years
• Special offers for Doctors with up to 70% of Property
• Nil Prepayment charges for individual non business borrowers
• Attractive and affordable interest rates

Criteria

• Age 21 to 60 years
• Minimum income Rs 25000/-
• Minimum years of business existence 1 years
• Minimum work experience 5 years

Documents
Salaried Employees   

• Duly filled Application Form with Photograph   
• Age Proof (PAN Card, Passport, Any other Certificate from Statutory Authority)
• Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, Any other Certificate from Statutory Authority)   
• Education Qualifications – Latest Degree   
• Latest Salary-slips for 3 months   
• Form 16 for last 2 years   
• Last 6 months Bank Statements (salary account)   
• Processing  Fee Cheque in favour of ‘PNB Housing Finance Ltd.’   
• Photocopy of Title Documents of the Property, Approved Plan   

Self Employed/Professionals

• Duly filled Application Form with Photograph
• Age Proof (PAN Card, Passport, Any other Certificate from Statutory Authority)
• Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, Any other Certificate from Statutory Authority)
• Education Qualifications – Latest Degree (for professionals)
• Certificate & Proof of business existence along with Business Profile
• Last 3 years Income Tax returns (self and business) with Profit & Loss Account & Balance Sheets duly certified/audited by a Chartered Accountant
• Last 12 months Bank Account Statements (self & business)
• Processing  Fee Cheque in favour of ‘PNB Housing Finance Ltd.’
• Photocopy of Title Documents of the Property, Approved Plan etc.

Processing fees
0.50 % of the loan amount

Benefits

• Personalized doorstep service
• High standards of ethics, integrity and transparency
• Numerous repayment options
• Up to 15 Years Loan tenure
• Funding upto 70% of property cost

Criteria

• Individual, Joint owners are also eligible, having immovable property to be mortgaged and sufficient income to repay the loan.
• You should either be a salaried employee or a self-employed professional/ non-professional.
• Your age should not be more than 60 years if you are a salaried employee and not more than 65 years if you are a self-employed professional/ non-professional, at the time of loan maturity.