• Mortgage asset management is a type of secured loan that enables individuals to access funds by using a fixed asset, such as a home or commercial property, as security for the lender.
• The interest rates for mortgage loans typically range from 8.15% to 14% per year.
• Generally, borrowers can receive funding up to 60% of the property's registered value.
• Certain asset management institutions provide mortgage loans of up to Rs.10 crore. . The repayment period for mortgage loans can extend up to 15 years.
• Mortgage loans can cater to various asset management requirements, whether personal or business-related.
• Eligibility criteria for mortgage loans may vary among different banks. For example, many banks extend this loan to both salaried and self-employed individuals.
• Both resident Indians and NRIs can apply for a mortgage loan, subject to meeting specific additional requirements.
• The loan-to-value ratio offered against the property can differ from one bank to another, as well as based on the type of property provided as collateral. Typically, banks and asset management institutions offer a margin between 40% and 60%.
• While most banks accept residential or commercial properties as collateral, some may also consider land plots as security. However, the land must be non-agricultural, as industrial or agricultural properties are generally not accepted as collateral for a loan against property.

• Applicant and co-applicant's passport-sized photos
• Copy of PAN card for both applicant and co-applicant
• Aadhaar card copies for applicant and co-applicant
• Proof of current address for both applicant and co-applicant
• Proof of income for both applicant and co-applicant
• Applicant's last 12 months' bank statements and co-applicant's last 6 months' bank statements

• Copies of payslips for the last 6 months and TDS certificate
• Employment certificate from the employer
• The latest 2 years of Form 16 issued by the employer

• A copy of the partnership deed if the business is a partnership firm, or a copy of the Memorandum of Association and Articles of Association if it is a company, or business proof (such as Shop & Establishment Certificate, VAT, Sales Tax, GST, Service Tax, IEC) if it is a proprietorship firm.
• Copies of audited asset management statements for the past 3 years.
• We require the profit and loss account for the last 3 years.
• Include the income tax assessment order.
• Proof of the company's current address.
• The GST certificate of the Company.

• Any loan sanction letters that are currently in effect.
• Existing EMI repayment schedule, if applicable.
• Documentation including agreement copy, booking slip, E-bill, OC, and share certificate for the property being purchased.