my offers

How about checking some pre-approved offers you might be eligible for?

my offers

How about checking some pre-approved offers you might be eligible for?

  • Mobile No.
  • Date of birth

You have a pre approved offer

  • Sum Assured
    Persons Covered
  • Rate

Currently, we do not have a personalized offer for you but don’t be disheartened. Check out our oven fresh deals of the day here!

We have 02 personalised offers for you

Currently, we do not have a personalized offer for you but don’t be disheartened. Check out our oven fresh deals of the day here!

my offers


At one point or another, almost all of us have had a financial crisis in our lives. We always have an endless list of things to do that require cash and we often ask ourselves, “where do I get the cash from?” You can consider taking a Personal Loan, apart from swiping your credit card, during such situations. If you hesitate to take advantage of a Personal Loan but have a property that you want to sell registered in your name, why not pledge it instead? A Loan Against Property (LAP) is a guaranteed, fair-value mortgage advance on a residential or commercial property. The funds from it can be used to achieve various financial targets requiring lump sum spending.

Does Loan Against Property Mean?

Loan Against Property (LAP) is a form of loan taken against a property that you own. A residential building, commercial building, or just a plot can be a property. If you have a property registered under your name, you can contact lenders to request a loan for your property. The lender will assess your asset's market value and will sanction the loan.

A certain percentage of the market value of the property will be approved by the lender as a loan which you can use for any purpose. People take Loans Against Property for various reasons such as expanding their company, education of their child, taking a vacation, or for medical treatment.

Documents Required For Applying For A Loan Against Property Without Income Proof And ITR

  • Application form

  • Proof of Identity

  • Address evidence

  • Passport-size photographs

  • Bank statements

  • Cheque for processing fees

Tips To Avail A Loan Against Property Without Income Proof

  • Try talking with your relationship consultant

If you have a bank savings account with any bank, you will be assigned a relationship manager. For any concerns you might have, this manager will be your point of contact. Walk into your bank and one of the officials will connect you to the right person if you do not know who your relationship manager is. When you have met the right person, try to ensure that your payments are made promptly and ask them if they can process your loan without a record or proof of income.

  • Add a Co-applicant

As a co-applicant, consider including them if you have a family member with a valid credit background and a daily income. Adding a salaried co-applicant would increase your loan's chances of getting accepted.

  • Explain explicitly about your income

A bank official will visit the property for inspection before approving your loan. At this time, it is very important to clarify your sales information to the concerned person whether you are running a company or intending to pledge a commercial property. Often, let the official know that there is no income evidence or ITR form. When determining your annual income and repayment potential, the official will take into consideration all the details provided by you.

  • Justify why the requisite documents are not available to you

It is very important to file an ITR. If you have not filed it in the previous year, please sincerely clarify to the official, the reason. Even, to be on the safer side, immediately meet a tax accountant and file your taxes for the current year.

  • Check your bank account

The lender will take a look at your banking practices before authorizing a property loan. The odds of your loan being accepted improve if you have good banking habits and have always kept funds in your account. Make sure that the proposed EMI is twice the average bank account balance so you don’t run into monthly financial straints.

Wrapping Up

It is an uphill challenge to get a Loan Against Property without income proof and ITR form. Day by day, the financial industry is booming and loans for all types of customers are available. Researching online and comparing different lenders who give property loans helps to get a better deal. Until applying for a loan, measure your Loan Against Property eligibility. You will negotiate easier this way.

At Finserv MARKETS, you can get Property Loans that will help you with high-end expenses. The loan application process is a hassle-free with a simple Loan Against Property eligibility requirement, and minimal paperwork.

Happy Customers of Finserv MARKETS

Getting a loan to take care of my wedding and relieving my parents to enjoy the occasion was the best decision I ever made. Easy-to-apply, amazing interest rate and quick disbursal, what more can one ask for!

I am passionate about the vehicle I drive. I want to protect it with the best available option. What amazed me was the full transparency, quick quotes and the attractive discount on the premium while choosing the annual payment option!

Check your personal loan eligibility in seconds!

My husband and I will finally move into our own house this Diwali. All thanks to Bajaj Finserv, with competitive interest rates, minimal processing fees and easy to repay EMIs, our dream saw the light of reality in no time!

Get the best FD interest rates starting @ 8.40%. Let's start!

Kids grow up fast and to fulfill their dream trip to Disneyland I had everything but instant funds. With no collateral or guarantor required and a hassle-free processing, I gifted my family a memorable trip to Orlando with just a click!

Get sum insured up to 1 Crore! Let's start!

The best way to start looking for health insurance is to do a close study of the coverage needs and checking the insurance company's claim ratio. No unnecessary jargons, easy to apply claims process and choice of premia!

Zero additional charge on part-payment option on Business loans! Let's start!

I bought my first iPhone using my Bajaj Finserv EMI Network Card. Zero downpayment with a No cost EMI on Bajaj Finserv EMI store just made my day!

Get home loan sanctioned online in 72 hours! Let's start!