Securing a property loan is now easier with SFS Enterprises, Top Property Loan Provider in Delhi. Whether you need funds for personal use or business expansion, our property loan solutions are tailored to meet your needs. With competitive interest rates and flexible repayment options, SFS Enterprises stands as the trusted property loan provider in Delhi, ensuring a seamless and hassle-free process.
To be eligible for a property loan with SFS Enterprises, you typically need to meet the following criteria:
Here is a table explaining documents required for a property loan:
| Document | Description |
|---|---|
| Proof of Identity | A government-issued document such as Aadhaar Card, Passport, PAN Card, Voter ID, or Driving License. This verifies the applicant's identity. |
| Proof of Address | Utility bills (electricity, water), rent agreement, passport, or Aadhaar Card to confirm the applicant's residential address. |
| Income Proof | Salary slips for the last 3-6 months, income tax returns (ITR) for the last 2-3 years, or Form 16 to assess the applicant’s financial standing. |
| Bank Statements | Bank statements for the last 6-12 months showcasing regular income, savings, and financial stability to repay the loan. |
| Property Documents | Legal documents such as property title deed, sale agreement, approved building plan, and no objection certificates (NOC) from relevant authorities for loan assessment |
| Employment Proof | Employment letter, offer letter, or business proof for self-employed individuals to confirm job stability and income consistency. |
Choosing SFS Enterprises for your property loan offers you several advantages:
The maximum loan amount varies based on the value of the property and the borrower’s income. Typically, you can get up to 60-70% of the property's market value.
Yes, interest paid on a property loan is eligible for tax deductions under Section 24(b) of the Income Tax Act, subject to certain conditions.
Yes, you can apply for a property loan on a jointly owned property, provided all co-owners are co-applicants for the loan.
The LTV ratio is the percentage of the property’s market value that the we are willing to lend. For example, if the LTV is 60%, and your property is worth ₹50 lakh, the loan amount could be up to ₹30 lakh.
SFS Enterprises is committed to providing the best property loan in Delhi with unmatched benefits, ensuring that your property works for you!