Find Your Perfect Loan Against Property

Loan Against Property we help you to find loan against property!!

Sommet Finance here we focus on customer satisfaction as much as possible. Quality of work is what we provide. Experience it yourself. We can provide assistance in all types of financial problems. We could help you out if you don’t have money by availing you any type of Loan. and we could help you out if you have money by consulting you where to invest in Shares, Mutual Funds, etc. And also if your in need of any kind of Compliances related to CA & CS. ITR, GST, and other Compliances. That’s the reason we at Sommet Finance believe in “Support for All”.

Since Sommet Finance already has strong relationships with premier Banks and Financial Institutions, you can do Loan Against Property interest rates comparison through our easy to use Loan Against Property comparison tool. Go ahead & compare the Loan Against Property available from different banks to see which one suits you the best. 

Here are a few reasons to use Sommet Finance to connect with Loan Against Property providers: –

  • A huge selection of top Loan Against Property service providers in Mumbai.
  • Connect instantly with Loan Against Property service providers.
  • Service quotes from various Loan Against Property providers before choosing one that suits your requirements the best.
  • Avail the best deals within your budget with minimal effort How can Sommet Finance help?
  • Sommet Finance helps you by doing away with the need to locating the right technician to address your problem.
  • Our service partners must adhere to certain standards of quality and punctuality.
  • With Sommet Finance, fulfil any and every urgent or day to day need, easily and conveniently.

Loan Against Property Documents

Loan Against Property Eligibility Criteria

  • Current market value of your property and its current status.
  • Current Income – Net income from all Sources.
  • Nature and continuity of employment or Business.
  • City of Employment/Business & Current obligations (Any existing EMI’s being paid , credit card outstanding & Credit limit available)
  • The purpose of availing such loans is also discussed with the lender and may have a bearing on the loan sanction.
  • Having a Co-Applicant to your Loan against property.
  • In order to give the lender an accurate picture of your loan servicing capability as a family , you could choose to have one of your family members as a co-applicant to your loan. Any of the members of one’s immediate family may become co-applicants to a Loan Against property – this is however limited to Spouses, Parents & siblings.

Document Required for Salaried Person

  • Photo Identity Proof (Passport , Pan Card, Voters ID Card, Driving License).
  • Residence Address Proof (Passport, Ration Card, Utility Bill).
  • Residence Ownership Proof (Property Documents, Maintenance Bill, Electricity Bill).
  • Income Proof: Latest 3 months Salary Slips and Form 16.
  • Job Continuity (Current Employment Certificate, Current Job Appointment letter (if it is more than 2 years), Experience Certificate (including your previous job certificate or appointment and relieving letter)).
  • Bank Statement: Latest 1 year statement where your salary is getting credited
  • Property Documents: Property documents to be submitted based on the purchase of your dream home.(Copy of agreement executed / Sales Deed, Share Certificate, Latest Maintenance Bill, List of documents & sanction letter given by Existing Banker (If Applicable)).
  • Advance Processing Cheque required to process loan documents for sanction.
  • Investment Proof (if any): please submit if any investment like, Fixed Deposit, Shares, Fixed Assets, etc.,
  • 1 passport size color photograph
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DOCUMENT REQUIRED FOR SELF EMPLOYED BUSINESS PERSON

  • Photo Identity Proof (Passport , Pan Card, Voters ID Card, Driving License).
  • Residence Address Proof (Passport, Ration Card, Utility Bill).
  • Residence Ownership Proof (Property Documents, Maintenance Bill, Electricity Bill).
  • Office Address Proof ( Property Documents, Maintenance Bill, Utility Bill).
  • Office Ownership Proof (Property Documents, Maintenance Bill, Electricity Bill).
  • Business Existence Proof (3 years old Saral Copy, Shop Establishment Act, Any Tax Registration Copy, Company Registration license).
  • Income Proof: Latest 3 years Income Tax Returns including Computation of Income, Profit and Loss Account, Balance Sheet, Audit Report, etc.,
  • Bank Statement: Latest 1 year bank statement both current and savings.
  • Property Documents: Property documents to be submitted based on the purchase of your dream home(Copy of agreement executed / Sales Deed, Share Certificate, Latest Maintenance Bill, List of documents & sanction letter given by Existing Banker (If Applicable)).
  • Advance Processing Cheque required to process loan documents for sanction.
  • Investment Proof (if any): please submit if any investment like, Fixed Deposit, Shares, Fixed Assets, etc.,
  • 1 passport size color photograph