Here are a few factors

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Location 50km from Branch
CIBIL Score 600+
Applicant Any Salaried & Self Employed
Applicant Age (i) Salaried: 21 year to 60 Year
(ii) Self Employed: 21 Year to 65 Year
Loan Amount & Tenure 2 Lac-30 Lac
(5 Year to 15 Year)
Login Fees 5900
Rate of Interest & Type 13% to 21% (Reducing)
TAT Upto 15 Days
Processing Fees 2% to 2.50%
Foreclosure Charges Upto 4%+GST
Insurance 1%-4%
Minimum Business Vintage 3 year
Lock In Period 12 Month
Part Payment Allowed No
LTV (i) Residential Property-70% (ii) Commercial Property-60% (iii) Industrial Property-55%
Product (i) Fresh LAP (ii) BT+Top UP (iii) Seller BT
Program (i) LIP Program-30 Lac
(ii) Banking Program-30 Lac
(iii) Income Program-30 Lac
(iv) without ITR-15 Lac
(v) Cash Rental-15 Lac
FOIR 60% of Cash Income
Cautious Profile No Catious Profile
Negative Profile (i) Politician 
Funded Property (i) Residential Property (ii) Commercial Property (iii) Subject to Gift Deed (iv) Current Sale Deed
(v) Khasra Khatauni (vi) Multi Tenanted Unit upto 5 Tanent (vii) Lal Dora (viii) Sub-divided Property
(ix) Regularized Colony (x) Gram Panchayat Property (xi) Registry to GPA after 2011
(xii) Techinal & Legal not clear (xiii) Basement (xiv) Stone Slab Property
Negative Property (i) School (ii) Hospital (iii) Hotel (iv) Any type of Plot (v) Industrial Property (v) Lease hold Property without PTM
(vi) Basement (vii) Auction Property (viii) Malls (ix) Godown (x) Demolition List Property
Accepted Collateral Other than Negative Property
Specific Property wise Funding Limit On all Property upto 30 Lac
Any Specific Product for Professionals No
USP No Negative Profile
01
Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

02
Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

03
Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

04
Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will receive your loan amount shortly.

The need for funds is a common concern that can arise in anybody regardless of profession, status, or age. So when such situations like uninvited medical emergencies or education expenses, takings loans is the best option. Because with the help of loans, you can pay off that considerable amount and then later pay to the respective bank in regular monthly EMIs. Especially when you need urgent money, applying for a loan against property is the perfect thing to do. And all the big banks in the market have been offering loans against properties at higher interest rates, so there is one finance company in the news these days, Satin Housing Finance. So let us move ahead in this article and learn more about Satin Housing Loan Against Property.

Advantages of Satin Housing Loan Against Property

  • Attractive interest rates
  • Quick and easy disbursal of the loan amount
  • Flexible loan repayment options
  • Longer loan repayment tenures
  • No loan foreclosure charges
Right Documents - Easy Process

Required Documents to Apply for Satin Housing Loan Against Property

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
Leave Your Question

FREQUENTLY ASKED QUESTIONS

Yes, you can add your spouse or immediate family members to your Satin Housing Loan Against Property.

You can quickly transfer your loan against property from another bank to Satin Housing Finance at lower interest rates.

If any of your immediate family members or your spouse is earning well, then you can ass them as your co-applicant in Satin Housing Loan Against Property, which can help increase your loan amount.

Satin Housing Finance is a private company but is RBI-approved.

Satin Housing Finance offers LAPs for commercial and residential properties.