Here are a few factors

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Location 90Km from Branch
CIBIL Score 650+
Applicant Any Self Employed
Applicant Age 21 Year to 70 Year
Loan Amount & Tenure 5Cr- 100 Cr
( 1 Year to 10 Year)
Login Fees Nil
Rate of Interest & Type 11.50%-14% (Reducing) 
TAT 15 days
Processing Fees 1%
Foreclosure Charges Nil after 1 year
Insurance As per Age
Minimum Business Vintage 3 Year
Lock In Period 12 month
Part Payment Allowed No
LTV (i) Residential-95% (ii) Commercial-80% (iii) Industrial-75% (iv) Plot-70%
Product (i) Fresh Loan (ii) BT+Topup (iii) Commercial or Industrial Purchase (iv) Lease Rental Discounting
(v) DOD Product
Program (i) Income Program-50 Cr (ii) Lease Rental Discounting-50 Cr
FOIR FOIR on EBIDTA Basis for Higher LTV
Cautious Profile No Cautious Profile
Negative Profile (i) Politian (ii) GYM (iii) Share Traders (iv) NBFC
Funded Property (i) Residential Property (ii) Commercial Property (iii) Industrial Property (iv)Plot
(v) Auction Property (if auction before 3 year) (vi) Farm House (vii) Warehouse
(viii)Regularized Colony (ix) Unapproved Freehold Property (x) Hotel & Restaurant (xi) School
(xii) Hospital & Nursing Home
Negative Property (i) Lease hold Property without PTM (ii)Stand Alone Basement (iii) Lal Dora Property
(iv) Unapproved 3rd Floor & above (v) Legal & Technical not clear (vi) PG Property
(vii) Multi Tenanted Unit 
Accepted Collateral Other than Negative Property
Specific Property wise Funding Limit No
Any Specific  Product for Professionals NA
USP (i) LTV upto 95% (ii) Funding to HUF & Trust also
Right Documents - Easy Process

Required Documents to Apply for Aditya Birla Finance Loan against property (SME Mid segment)

Salaried income documents

  • KYC of applicant & Co-Applicant
  • Last 3 Month Salary Slip of Applicant
  • Last 12 month Bank Statement of applicant & co-applicant
  • Last 3 year ITR with computation of income of applicant & co-applicant
  • Last 2 Year Form 16 of applicant
  • 26AS of last 2 year of applicant & co-applicant
  • Appointment letter of applicant if available
  • Agreement to Sale if purchase case
  • Property Paper with complete chain of last 13 years
  • LOD (List of documents), Foreclosure Statement & SOA (Statement of account) if BT case
  • Sanction letter of all running loan
  • Latest utility Bill if owned residence or rent agreement if rented
  • 2 Reference with contact details

Self Employed person documents

  • KYC of applicant & Co-Applicant
  • Last 3 year ITR with computation of income of applicant & co-applicant
  • Last 3 year audited balance sheet of applicant
  • Last 3 year Tax audit report of applicant
  • Last 12 month Bank Statement of applicant & co-applicant
  • 26AS of last 2 year of applicant & co-applicant
  • Copy of GST registration
  • Copy of MSME registration
  • Copy of Last 12 month GST return
  • Agreement to Sale if purchase case
  • Property Paper with complete chain of last 13 years
  • LOD (List of documents), Foreclosure Statement & SOA (Statement of account) if BT case
  • Sanction letter of all running loan
  • Debt Sheet
  • Latest utility Bill of residence if owned or rent agreement if rented
  • Latest utility Bill of Office if owned or rent agreement if rented
  • 2 Reference with contact details
  • Last 3 year Debtors & Creditors on letter head
  • List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP

Some Important Points

1. KYC Means
If Applicant is
  • Company-MOA, AOA, COI , PAN Card
  • Partnership Firm/LLP- Partnership Deed & PAN Card
  • Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo
For Co-Applicant
  • KYC means  Adhaar Card, PAN Card, Passport Size Photo

Co-Applicant means in case of
  • Company : Directors
  • Partnership firm/LLP : Partners
  • Proprietorship Firm : Spouse of Proprietor
2. If LAP is applied with Government Bank then 30 year chain is required
3. If applicant is professional, then his professional degree is required