Secured Loans

Commercial Property Loan
Onwards.15%.

A Commercial Property Loan is a loan taken to buy, build, renovate, or expand business properties like shops, offices, warehouses, or commercial buildings. The property itself is used as security for the loan.

Application

Please provide your details for a confidential loan assessment.

Commercial Property Loan Eligibility Criteria

Check the complete eligibility requirements, important factors, and smart ways to improve your commercial property loan approval chances.

What do you mean by Commercial Property Loan Eligibility Criteria?

If you are planning to purchase a commercial property, then you can avail up to 70% of the property purchase value as a loan amount at attractive interest rates with exclusive loan benefits.


To apply for a Commercial Property Loan, applicants must fulfill certain eligibility conditions based on income, age, financial stability, and credit profile.

Commercial Property Loan Eligibility

  • Age Limit: 22 to 65 Years
  • Good Financial Statement Required
  • Credit Score: Above 700
  • Nationality: Resident Indian
  • Stable Salary or Business Income
  • Loan Eligibility: Up to 70% - 90% Property Value

Important Eligibility Factors

  • Monthly Salary or Business Income
  • Credit History & Repayment Record
  • Property Value & Documentation
  • Co-Applicant Financial Strength
  • Residential Status & Nationality
  • Banking Transaction History

Factors Affecting Commercial Property Loan Eligibility

Credit Score Below 650

Applicants with a credit score below 650 generally face loan rejection because credit score plays a major role in loan approval. Always maintain a healthy repayment history.

Collateral / Assets

In most loan cases, lenders check whether the applicant owns any collateral or assets. Lack of collateral may reduce your eligibility level.

Financial Stability

Stable income and strong financial records increase the chances of fast approval and better loan offers.

Banking History

Banks review your transaction history, balance maintenance, and overall account behavior before approving the loan.

Ways to Increase Commercial Property Loan Eligibility

Required Documents

Documents Required for Commercial Property Loan

Keep the following documents ready for faster approval and smooth verification process.

Individual

Personal Applicant
  • Aadhar Card + Passport + PAN Card Copy
  • Address Proof & Permanent Address Proof
  • Last 3 Years Form-16 & ITR Computation
  • Last 1 Year Salary Account Bank Statement
  • Loan Schedule & Sanction Letter (If Running)
  • Complete Property Papers with Chain, Map & ATS
  • Processing Fee Cheque in Favour of Bank
  • All Directors Photograph
  • Clear PAN Card - Company & All Directors
  • Address Proof - Company & Directors
  • Director & Share Holder List with CA Certificate
  • GST / Sale / VAT / SSI Registration Certificate
  • 1 Year GST Returns
  • Directors ITR & Computation Last 3 Years
  • Last 3 Years Financial with Audit Report
  • Company Bank Statement - 1 Year Updated
  • Directors Saving Account Statement - 6 Months
  • Property Papers with Complete Chain & Sanction Map
  • Last 3 Months Salary Slip & Appointment Letter

Prop Firm

Proprietorship Applicant
  • PAN Card Clear Copy of Proprietor
  • Address Proof of Proprietor
  • Office Address Proof Latest Utility Bill
  • Firm Registration & GST Registration Copy
  • Last 1 Year GST Return Copy
  • 3 Years ITR, P/L, Balance Sheet & Audit Report
  • Provisional Financial AY 2019-20
  • Current / CC / OD Account Statement - 1 Year
  • 6 Month Saving Account Statement Updated
  • Loan Sanction Letter & Repayment Schedule
  • Agreement To Sell Copy
  • Aadhar Card + Passport + PAN Card Copy
  • Property Papers with Complete Chain & Map

Partnership Firm

Business Partnership
  • Partners Photograph
  • PAN Card - Company & All Partners
  • Address Proof of All Partners
  • Latest Firm Address Proof Utility Bill
  • Partnership Deed Copy
  • GST Certificate
  • GST Return Last 1 Year
  • 3 Years Company ITR & Audit Report
  • Provisional Financial AY 2019-20
  • Partners ITR & Computation Last 3 Years
  • Firm Bank Statement 1 Year Updated
  • Partners Saving A/C Statement 6 Months
  • Loan Sanction Letter & Repayment Schedule
  • Agreement To Sell Copy
  • Property Papers Complete Chain with Map

Pvt. Ltd.

Corporate Applicant
  • Photograph of Directors
  • Clear PAN Card - Company & All Directors
  • Address Proof - Company & Directors
  • Director & Share Holder List with CA Certificate
  • Memorandum Order Complete Copy
  • GST / Sale / VAT / SSI Registration Certificate
  • 1 Year GST Returns
  • Directors ITR & Computation Last 3 Years
  • Last 3 Years Financial with Audit Report
  • Provisional Financial FY 2019-20
  • Company Bank Statement 1 Year Updated
  • Directors Saving Account Statement 6 Months
  • Loan Sanction Letter & Repayment Schedule
  • Agreement To Sell Copy
  • Property Papers Complete Chain with Map
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