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Loan Against Property Eligibility

Use your priced possession to your advantage with Reliance Loan against Property. Avail our tailor-made loans at competitive interest rates.

Check out the eligibility criteria for Loan Against Property you need to meet to get the financial assistance required.

Criteria Salaried Self-Employed Self-Employed Non-Professionals
Type of Customers Funded Salaried includes individuals employed in Multinational Organizations, listed Public Ltd. Co., Government Organization, Pvt. Ltd. Co., Closely held Unlisted Company, Partnerships or Sole Proprietorship Individuals with professional qualifications like Practicing Doctors, Chartered Accountants, Engineers, Architect, Company secretaries Businessmen engaged in various business like Dealers, Wholesalers, Distributors, Traders across Service, Trading & Manufacturing
Minimum Age at Entry 21 years 21 years 21 years
Maximum Age at Loan Maturity 58/60 years depending upon retirement age 65 years 65 years
Minimum Gross Income Rs. 500,000 Rs. 500,000 Rs. 500,000
Type of property Funded Ready & Resale Properties, Under construction properties of pre-approved builders Ready & Resale Properties, Under construction properties of pre-approved builders Ready & Resale Properties, Under construction properties of pre-approved builders
Minimum property Area for the Loan Residential Property - 500 Sq.ft Commercial Property 250 Sq.ft Residential Property - 500 Sq.ft Commercial Property 250 Sq.ft Residential Property - 500 Sq.ft Commercial Property 250 Sq.ft

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