Loan Against Property in Kolkata | Mortgage Loan

Features & Benefits

Loan Against Property Private Finance in Kolkata

A loan against property is a secured loan where you pledge your property as collateral in exchange for funds. Sova Finserv accepts any owned land — residential, commercial, or industrial — for this purpose.

₹5 Cr+

Loan Amount Available

18 Yrs

Maximum Tenure

24-72 Hrs

Disbursal Time

Doorstep services make the application procedure convenient and seamless.
Access a substantial loan at low interest rates without using up your existing funds.
Loan amount available in your bank account within 24 to 72 hours after acceptance.
Loans up to Rs. 5 Crore and more for qualified candidates.
Loan tenure up to 18 years giving borrowers plenty of time to repay with ease.
Apply online and receive quick approval from anywhere in India.
Close the loan or make partial prepayments without any prepayment penalty.
Balance transfer facility available. Transfer your current loan to Sova Finserv and get a top-up loan without extra paperwork.
Linked to an external benchmark for lower EMIs during favourable market conditions.
Monitor the status of all your loans and EMI payments easily through your online account.

Eligibility & Documents

Loan Against Property Eligibility

Both salaried and self-employed individuals are eligible. Requirements vary slightly based on employment type.

👔 Salaried Applicants

Age between 21 years (at application) and 65 years (at loan repayment)
Annual income must exceed INR 1.8 Lakhs
Must be employed for at least 2 to 3 years

💼 Self-Employed Applicants

Minimum age of 18 years at time of application
Monthly income must exceed INR 40,000
Must have been in business for at least 2 to 3 years
Graduate-level education required if working for a partnership or private limited company

📄 Documents Required

KYC documents — PAN Card and Aadhaar Card
Address proof document
Most recent pay slips (for salaried applicants)
Last 3 months bank account statements
IT returns (for salaried applicants)
Legal records of the mortgaged property
Business records for at least 3 years and profit records for 2 years (self-employed)

📌 Note: The document list above is illustrative. Additional documents may be required during loan processing.

Why Choose Us

Why Choose Sova Finserv for Loan Against Property?

🏠

All Property Types Accepted

We accept residential, commercial, and industrial properties as collateral for the loan.

⚡

Fast Disbursal

Loan amount credited to your account within 24 to 72 hours of approval and verification.

💰

Up to ₹5 Crore

High loan amounts available — up to ₹5 Crore and beyond for qualified candidates.

📅

18-Year Tenure

Long repayment tenure of up to 18 years keeps your monthly EMI manageable.

🔓

No Prepayment Penalty

Close the loan early or make partial prepayments at any time without extra charges.

🔄

Balance Transfer Facility

Transfer your existing property loan to Sova Finserv and avail a top-up loan with no extra paperwork.

FAQ

Frequently Asked Questions

What is a loan against property?+

A loan against property is a secured loan where you pledge your property as collateral to the lender in exchange for a loan. The amount you can raise depends on the value of your real estate. Sova Finserv accepts residential, commercial, and industrial properties.

How much loan can I get against my property?+

Sova Finserv offers loans up to Rs. 5 Crore and even more for qualified candidates. The exact amount depends on your property value, income, and eligibility criteria.

How long does it take to get the loan amount?+

After loan acceptance and document verification, the loan amount is credited to your bank account within 24 to 72 hours.

What is the maximum repayment tenure?+

Sova Finserv offers a loan against property tenure of up to 18 years. This gives you plenty of time to arrange EMI payments and repay comfortably.

Can I prepay the loan against property early?+

Yes. Sova Finserv allows you to close the loan or make partial prepayments at any time without any prepayment penalty or additional charges.

What types of properties are accepted?+

Sova Finserv accepts any owned land or property for loan against property including residential properties, commercial properties, and specialized industrial properties.

Can I transfer my existing property loan to Sova Finserv?+

Yes. Sova Finserv provides a balance transfer facility. You can transfer your existing property loan to us and also avail a top-up loan without providing any extra paperwork.

What can I use the loan against property for?+

There are no restrictions on usage. You can use the loan for business expansion, marriage, education, medical emergencies, travel, or any other personal or professional financial need.

🚀 Quick Apply — Loan Against Property

Full Name *

Mobile Number *

Email ID *

Property Type

Loan Amount Needed

Message (Optional)

I authorize Sova Finserv representatives to call/SMS me. This consent overrides my DNC/NDNC registration. T&C Apply.

🧮 LAP EMI Calculator

Loan Amount ₹25,00,000

₹5L₹5 Cr

Interest Rate 10%

8%18%

Tenure 10 Years

1 yr18 yrs

₹33,038

Monthly EMI

₹39.6L

Total Payable

₹14.6L

Total Interest

Apply for This Loan →

Loan Against Property
in Kolkata | Sova Finserv

Loan Against Property Private Finance in Kolkata