Commercial property loan
Own the premises your business runs from, or invest in a shop or office for rental income. Paying EMI instead of rent builds an asset for your business and your family.
What you can use it for
- A shop or showroom for your own business
- An office for your practice or firm
- Commercial property for rental income
- Moving from rented premises to owned premises
Who it suits
- Business owners, traders and manufacturers
- Doctors, CAs, lawyers and other professionals
- Partnership firms and private limited companies
Eligibility
General guidelines. Each bank has its own policy, and we match your profile to the bank most likely to approve it.
| Business vintage | Usually at least 2 to 3 years in business |
|---|---|
| Income | ITR, audited financials and GST returns |
| Property | Approved commercial building with clear title |
| Credit history | Good repayment record for the business and promoters |
- ITR and audited financials for the last 2 to 3 years
- GST returns and business registration
- Property documents and approved plan
- Rent agreement if the property is leased out
Questions
Can a partnership firm or company apply?
Yes. The firm or company applies with partners or directors as co-applicants.
Can expected rent count towards eligibility?
Some banks consider existing rental income from the property. We will check which lenders do for your case.
Other loans
Talk to Mukesh Kumar
Share the property details and your income. You will know your likely eligibility and the right bank in the same call.
