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Loan Against Property Services

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Loan Against Property

Need quick funds? Unlock the value of your property to meet your financial needs! A Home Equity Loan from Andromeda Sales and Distribution Pvt. Ltd. is essentially a Loan Against Residential Property (LAP).

Whether you wish to renovate your home, expand your business, or require urgent funds for personal needs, a Loan Against Property offers one of the fastest ways to secure financing. Explore this guide to learn how easily you can avail a Loan Against Property.

Features of Andromeda Sales and Distribution Pvt. Ltd. Home Equity Loan

  • •   Attractive and competitive interest rates
  • •   Convenient loan servicing through our wide branch network
  • •   Quick and hassle-free loan disbursal
  • •   Funds can be used for marriage, medical expenses, business expansion, or other personal requirements

Eligibility Criteria for Loan Against Property

Eligibility Criteria

  • •   Age: 18 to 70 years
  • •   Minimum Monthly Income: ₹8,000/-
  • •   CIBIL Score: 650 or above
  • •   Employment History:
    • •   Salaried: Minimum 3 years of work experience
    • •   Self-employed/Businessman: Minimum 5 years in business
  • •   Loan Tenure: Up to 15 years

Required Documents for Loan Against Property (Self-Employed)

  • PAN Card
  • Aadhaar Card
  • Gumasta Licence
  • Other Business License (if any)
  • Residence Electricity Bill
  • Bank Statement of Latest 12 Months
  • Latest ITR Along with Computation of Income
  • Balance Sheet and Profit & Loss Account (Last 3 Years)
  • Financials should be CA Certified/Audited
  • ITR
  • 2 Photographs
  • All Property Documents

For further assistance or inquiries, please contact us:

Required Documents for Loan Against Property (Salaried)

  • PAN Card
  • Aadhaar Card
  • Office ID
  • Latest 3 Months Salary Slip
  • Latest 6 Months Bank Statement
  • Form 16
  • 2 Photographs
  • Co-applicant’s PAN Card & Aadhaar Card
  • Photograph
  • Income Documents (if available)
  • All Property Documents

For further assistance or inquiries, please contact us:

Eligibility Check

Loan Against Property (LAP)
Check Your Eligibility

Please fill in the following details to help us evaluate your eligibility for a Loan Against Property.

Personal Details
Employment & Financial Details
Property Details (to be mortgaged)
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