Loan for buying a plot of Land for residential use. This loan is for personal residence and cannot be used for commercial buildings.
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Eligibility criteria
Am i eligible for a term loan
For Salaried
Employment Status: Min of 6 month employment
Age: 21 - 65 years
Income: No fixed Criteria. Loan Amount is extended largely on the basis of your total income, other obligations and some other key factors.
Documents Required
Identity Proof:PAN/ Passport/ Voter ID card
Address Proof:Copy of Latest Telephone Bill/ Electricity Bill/ Utilities bill or copy of Passport/ Aadhar Card
Income Proof:Salary Slip for last 3 months/IT Returns / or Form 16, 6 months bank statement
Property Documents:Copy of the Title Deed
For Self Employed
Employment Status: Working for at least 2 years
Age: 21 - 65 years
Income: Based on your total income, other obligations & other factors
Documents Required
Identity Proof: PAN/ Passport/ Voter ID card
Address Proof: Copy of Latest Telephone Bill/ Electricity Bill/ Utilities bill or copy of Passport/ Aadhar Card/ Address proof for Office
Income Proof: Income Tax returns for last 2-3 years, Balance Sheet & Profit & Loss A/c for last 3 years, Last 6 months Bank Account Statements
Property Documents:Property Documents: Copy of the Title Deed
*We have compiled this broad criteria based on publicly available information and our experience. Banks may relax the criteria on age and employment history.
What our customer have to say
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Entrepreneur, Maharashtra
I reached out to Loan Network for assistance in securing a housing loan of ₹5 Crores, and I’m extremely impressed with their service. As a trader based in Bandra (W), Mumbai, I needed expert guidance to navigate the complex loan process, and Loan Network delivered…
Trader, Bandra (W), Mumbai
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