Axis Bank Loan Against Property

Search form

Eligibility: 
Borrowing limits
Minimum Limit - Rs. 2,00,000
Maximum Limit - Rs. 5,00,00,000 (based on Product/Variant categorisation)
20%-30% margin in case of purchase of commercial property
40%-55% margin in case of loan against residential/commercial property

 

Documentation: 

Proof of identity (any one of the following):

  • Voter ID card
  • Driving license
  • PAN card
  • Photo credit card
  • Employee ID card
  • Defence/Police/Government department ID card

Proof of income:

  • Latest salary slip showing all deductions or Form 16
  • Recent salary certificate
  • Last 6 months bank statement/pass book where salary or income is credited

Proof of Residence (any one of the following):

  • Bank account statement
  • Latest electricity bill
  • Latest mobile/telephone bill
  • Latest credit card statement
  • Latest LIC policy/insurance premium receipt
  • Employers letter certifying the current mailing address
  • Latest NSC
  • Other similar instruments indicating the address or existing house lease agreement

Guarantor form (Optional)

Copy of lease agreement for all lease rental discounting cases

  • Proof of identity (any one of the following):
  • Voter ID card
  • Driving license
  • PAN card
  • Photo credit card
  • Proof of income:

  • IT Returns of last 2 years
  • Computation of income of last 2 years certified by a Chartered Accountant
  • Last 6 months bank statement/pass book where salary or income is credited
  • Proof of Residence (any one of the following):

  • Bank account statement
  • Latest electricity bill
  • Latest mobile/telephone bill
  • Latest credit card statement
  • Latest LIC policy/insurance premium receipt
  • Latest NSC
  • Other similar instruments indicating the address

Guarantor form (Optional)

Copy of lease agreement for all lease rental discounting cases