Property Loan against Commercial & Residential Properties

Loan against property allows you to use the value locked up in a property to meet any expenses you may have. While the loan amount depends on the total value of your property, you are free to use the funds as you see fit. Your property acts as collateral for the loan, but you can continue to use it as before.

At Vaiyagam Finance Limited, we provide customized property loan depending on your requirement. Thus, you may be salaried, self-employed or an SME - rest assured, we have a product for you. Our streamlined process with minimal documentation ensures a hassle-free experience for every customer.

You can reach out to our support team for answers to any queries you may have or information you need via phone, email, or chat. Apply for a Loan Against Property today, and make the most of a host of advantages as our valued client.

Why Loan Against Property

Our Loan Against Property can get you going within minutes to achieve your life goals!

Our unmatched loan against property products and experienced team ensure quick loan disbursals, hassle-free documentation and flexible tenures.

  • Loan Against Property up to `50 Lakhs*

    Our mortgage products offer loan amounts up to 60% of your property's market value. With loans up to `50 lakhs*, you can fulfill your business and personal needs with ease.

  • Easy interest rates starting at 14%*

    Get the very best interest rates on loan against property in the market with our loan against property and maximize your benefits. We offer flexible repayment tenures so that you can plan your finances according to your needs.

  • High LTV on market value of both commercial and residential properties

    You can get the best value with our mortgage loan product against your residential or commercial properties. Your funds can be used to fulfill any business or personal need.

  • Convenient and transparent process

    Our mortgage loan products and services promise maximum speed and transparency. Our team is available via phone and email to help you find the best loan options and interest rates.

  • Personalized products to suit your individual needs

    We offer different types of Loan Against Property products to suit all your needs at different life stages.

  • Hassle-free documentation and quick disbursal

    Our seamless process makes sure that you have the smoothest experience from start to finish. With our online application process, you can get a loan against property with absolute ease.

Loan Against Property Eligibility

The loan against property eligibility depends on whether you are a salaried individual, self-employed or an SME. Your repayment potential is assessed on factors such as your income, fixed obligations, credit history, etc. Thus, along with the loan application, you will have to submit the following documents required for a loan against property.

  • Proof of Identity
  • Address Proof
  • Age proof
  • Bank Statements for the last 6 months
  • Last 6 months salary slips (for salaried customers)
  • Audited financial statements (for self-employed and SME applicants)
  • Form 16
  • Income Tax Returns for the last 3 years
  • Processing fee cheque
  • Documentation pertaining to the property offered as collateral.