Godrej Housing Finance Loan Against Property

Features and Benefits of Godrej Housing Finance Loan Against Property

The features and benefits include the following: 

• Attractive interest rates starting from 7.99%. 
• Loans for both personal and business requirements. 
• Longer loan tenures up to 20 years. 
• Loan amounts up to Rs. 10 crore. 
• Loan amounts up to 70% of the property’s market value. 
• Loans given on both residential and commercial properties. 
• EMI Break feature for the first three years of the loan.

Customers can smoothly apply for Godrej Housing Finance loan against property. There is a hassle-free Godrej Housing Finance loan against property online application process that they will also appreciate. You can get loans for fulfilling both personal and business requirements against your property. You can get amounts up to Rs. 10 crore at competitive rates of interest. 

Godrej Housing Finance Limited Loan Against Property Interest Rates

The rate of interest is only 7.99-10.99% per annum, which is one of the most competitive in the segment. 

How Does Godrej Housing Finance Limited Compare with Other Lenders?

The interest rates of some other lenders are the following:

Documents Required for Godrej Housing Finance Loan Against Property

There are several Godrej Housing Finance loan against property eligibility criteria that you should keep in mind along with other Godrej Housing Finance loan against property requirements. Here are the key documents that you need: 

Salaried borrowers

• KYC documents- Form 60/PAN Card and Valid Passport/Aadhar Card/Voter ID Card/Driving License. 
• Income documents- Latest one-month salary slip or salary certificate which is authorized by the company signatory on the letter head. 
• Employment proof for two years (Form 16 or salary slip with joining date). 
• Bank account statements for the last six months with salary credit. 
• Bonus proof of the last two years or variable incentives for the last six months. 
• Documents of the property like resale home loan, current draft/registered agreement for sale (Maharashtra) or allotment letter/stamped agreement for sale, prior chain link title documents, share certificate (Maharashtra), property tax receipt, maintenance bill, occupancy certificate (for ready property) or approved plan copy (Xerox blueprint), bank account statement showing payments to seller or payment receipts. 

Self-employed borrowers

• KYC Documents- Same as above. 
• Income Documents- P&L, ITR, COI & Schedules for 2 years certified by a Chartered Accountant and Balance Sheet. 
• Last 12 months’ bank statements. 
• Tax audit report if it applies. 
• Business continuity proof for five years. 
• Documents of the property- Same as above. 

Self-employed professional borrowers

• KYC Documents- Same as above. 
• Income Documents- Same as above with GST challans for last 1/2/3 quarters since filing of last returns and bank credit that shows the registered rent agreement and rental credits. 
• Documents of the property- Same as above. 

Godrej Housing Finance Limited Customer Care Number

You can reach out to +91 22 68815555 for more information on loans against property and other assistance.