🏠 Loan Against Property (LAP) Eligibility Criteria

Unlock the value of your property with a Loan Against Property from Pearless Housing Fin. Corp. 💼
Use the funds for business, education, marriage, or personal needs. Here’s what you need to qualify:

📌 Basic Eligibility

• 👤 Age: 21 to 60 years (salaried), up to 65 years (self-employed)

• 🇮🇳 Nationality: Indian citizen

• 🧾 Employment Type: Salaried, Self-employed, or Business Owner

• 📆 Experience:

  • Salaried: Minimum 1 year job stability

  • Self-employed: At least 2 years of business continuity

🏡 Property Criteria

• 🏘️ Type of Property: Residential or Commercial (owned)

• 🏠 Ownership: Must be in the applicant’s name

• 📍 Location: Property should be within serviceable areas

💳 Financial Criteria

• 📊 Credit Score: 650+ preferred

• 💰 Minimum Income: ₹20,000/month (may vary by region)

• 🏦 Bank Statements: Last 6 months required

📂 Documents Required

• 🆔 KYC Documents (Aadhar, PAN, Address Proof)

• 📜 Property Documents (Title deed, Sale deed, Tax receipts)

• 🧾 ITR or Income Proof

• 🏢 Business Proof / Salary Slips

• 📄 Latest Bank Statements

💸 Loan Details

• 🔹 Loan Amount: ₹5 Lakhs to ₹2 Crores

• 🔹 Tenure: Up to 15 years

• 🔹 Usage: No restrictions – use it for personal, professional, or emergency needs

• 🔹 Interest Rates: Attractive & flexible repayment options

⚠️ Note: Approval depends on credit history, income profile, and property valuation.