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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 50 Lac- 5 Cr
( 1 Year to 10 Year)
Login Fees 5900
Rate of Interest & Type (i) Cash Profit/Gross Profit Program- 11.50%-14% (Reducing)
(ii) Banking/LIP Program-12.50%-14% (Reducing)
TAT 7 days
Processing Fees 1%
Foreclosure Charges Nil after 1 year
Insurance As per Age
Minimum Business Vintage (i) Income Program-3 Year (ii) Banking/LIP Program-5 Year
Lock In Period 12 month
Part Payment Allowed No
LTV (i) Residential-95% (ii) Commercial-85% (iii) Industrial-75% (iv) Plot-10% less from respective value
Product (i) Fresh Loan (ii) BT+Topup (iii) Commercial or Industrial Purchase (iv) Lease Rental Discounting
(v) DOD Product (upto 3Cr) (v) OD Product
Program (i) Banking Program-5 Cr (ii) Income Program-5 Cr (iii) GST Surrogate-1.50 Cr (iv)Low LTV-3 Cr
(60% of Property value) (v) Without Financial-1 Cr (vi) LIP Program-3 Cr
(vii) Lease Rental Discounting-5 Cr
FOIR FOIR on EBIDTA Basis for Higher LTV
Cautious Profile (i) Builders (ii) Real Estate (iii) Person living in dominated area
Negative Profile (i) Politian (ii) GYM (iii) Share Traders (iv) NBFC (v) Police (vii)DSA (viii) Jewellers
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 & Restaurent
Negative Property (i) School (ii) Hospital (iv) Lease hold Property without PTM (v)Stand Alone Basement
(vi) Lal Dora Property (vii) Unapproved 3rd Floor & above (viii) Legal & Technical not clear
(ix) PG Property (x) Multi Tanented Unit (xi)
Accepted Collateral Other than Negative Property
Specific Property wise Funding Limit (i) Regularized Area-5 Cr (ii) Khasra & Khatauni-5 Cr (iii) Unapproved Freehold Property-5 Cr
Any Specific  Product for Professionals No
USP (i) Upto 1 Crore No financial Required (ii) LTV upto 95%
Additional (i) Stone Slab property/Gift Deed Property subject to sale deed/Current Sale Deed Property doing
(ii) Noida Freehold Doing
(iii) Sub-divided Property/Khasra-Khatauni Property doing 
Right Documents - Easy Process

Required Documents to Apply for Aditya Birla Finance Loan Against Property (SME Small 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
Apply for Loan
Leave Your Question

FREQUENTLY ASKED QUESTIONS

 The following kinds of properties are commonly accepted as collateral for LAP by ABHFL:


Residential properties, including homes, bungalows, and apartments

Commercial buildings, such as stores, offices, and warehouses

 A maximum limit of 10 years can be used for the term of loans.

 The loan can be reimbursed, yes. Please be aware that there can be prepayment fees. You can reach ABHFL by phone at 1-800-270-7000 to hear more regarding the charges.

 Applying for an ABHFL LAP loan can be done in person at any branch, online, or through Refer Loan's platform.

 You can get upto 95% of your property’s current market value.

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