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Loan Against Property

19+ Years of
Business Experience

Loan Against Property

At SSM Associates, a Loan Against Property (LAP) allows you to borrow funds by pledging your property as collateral.

The property can be residential, commercial, industrial, or even a plot of land. While the property serves as security for the loan, you retain ownership and possession throughout the repayment process. This loan option offers a large sanction amount with flexible repayment terms, providing a convenient financial solution with minimal paperwork and quick processing.

Get Best Loans at SSM Associates

Loan Against Property – Main Eligibility

Salaried Professional

Salaried professionals should be aged between 21 – 60 years old for loan approval.

Self-employed

Self-employed personnel should be aged between 23 – 65 years old for loan approval.

Income Proof

For loan amount more than 50Lakhs the Income proofs must be provided.

Loan Against Property Features & Benefits

Quick Loan Approval and Disbursal

Minimum Documentation

Lowest Interest Rates & EMI

Balance Transfer with better interest rates

Documents Required for Loan Against Property

ID Proof - Passport, PAN Card, Voters' ID, Aadhaar Card, Driving License
Address Proof - Passport, Aadhaar Card, Driving License
Proof of Business existence, Last 6 Months Bank Statement, Maintenance and Electricity Bills, Last 2 years Income tax returns of the applicant, Copy of GST registration for business
2 years' ITR with computation sheet

Common Queries

Frequently Asked
Questions

SSM Associates is the leading loan consultancy in Salem, offering expert guidance and personalized loan solutions.

80+ Winning award

What is loan against property?
Any loan taken using property as collateral is called loan against property.
Can I get a loan against commercial property?

Yes, you can get a loan against commercial property.

What is the maximum loan tenure?
We offer loan against property for maximum tenure of 15 years.