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Unleash the power of your property to make your dreams come true. The real estate sector remains one of the safest financial investment opportunities and a major asset. Faced with financial difficulties, solutions involving the pledging of existing assets as collateral are more advantageous than selling. With mortgages, you can get the most out of your inactive investments, including commercial and non-commercial real estate. Whether it's to develop existing businesses or to provide financial support to a newly founded business - a YES BANK Property Loan (LAP) is suitable for all of your financial needs. Why choose a home loan? Safe and punctual: Property is a static asset which makes LAP one of the safest loans. The time required to request, document and process LAP at YES BANK is low and therefore an ideal option for financial emergencies. Attractive interest rates: interest rates for mortgages are comparatively lower and there is a cheaper and longer amount for repayment. You are in control: the property remains the property of the borrower, even in the unfortunate event of a mortgage default. In such a scenario, the borrower can sell the property to solve the repayment problem and at the same time buy the balance to restore his financial assets. Unlimited growth: refinancing options allow a business to grow continuously by using an asset already pledged. Eligibility Salaried Minimum income - Rs.3 lakhs per year Experience: 3 years in total employment Self Employed Minimum income - cash payment of Rs.4 lakhs per year Minimum turnover: Rs. 15 lakhs per year for providers / commission income, Rs. 10 lakhs per year for doctors, Rs. 60 lakes for non-provider providers. Number of years in business / profession - at least 3 years Age norms: If the income is considered eligible: At least 23 years at the start of the loan and at most 65 years or retirement age, the earliest date being less than the loan expiration date. If income is not taken into account for eligibility: at least 18 years at the start of the loan and at most 70 years at the time of the loan application or 85 years after the loan expires. KEY ATTRACTIONS Higher loan amount Higher loan amount on favourable terms Solution Tailor made solutions to meet your business needs Features and benefits Product variants Commercial real estate loan Term loan on property Discovered line drop Discounts on leases Residential and commercial real estate Residential and commercial real estate accepted as collateral Balance transfer agency Balance transfer system with recharging device Other benefits Door service Funds can be used for professional and personal purposes Documents required: Proof of identity and signature Proof of address (office and place of residence) Financial documents: - Salary: 2 last salary slips and IT declarations / Form 16 for the last 2 years - Independent: last 2 years. The IT department returns with the calculation of sales, the verified balance and the profit and loss account, including the tax audit report and the invoice document if necessary. - Self-employed / small and medium-sized enterprises: IT yields with income calculation, audited balance sheet and profits and losses for the past 2 years

The real estate sector remains one of the safest financial investment opportunities and a major asset. Faced with financial difficulties, solutions involving the pledging of existing assets as collateral are more advantageous than selling. With mortgages, you can get the most out of your inactive investments, including commercial and non-commercial real estate. Whether it’s to …

India is a strong and a diversified country which is expanding its financial sector rapidly. The already existing financial organizations are trying to strengthen their base and services and new Banks/ NBFC’s are entering the banking sector to provide new financial products. Fund is the lifeline of any business. It can be for establishing a …

In last decade, the real estate industry has taken a boom and the real estate property has become a monetary asset where the borrower can easily secure the funds from Banks/ NBFC’s in the form of loan against property. Banks/ NBFC’s are ready to fund the borrower against their properties as it involves a security …

Buying a home is a lifetime financial decision which demands a long term commitment. It is a longest debt and a biggest task in itself. Before borrowing a home loan the borrower has to make a detailed research about it. There are lots of questions that arise with a thought of borrowing a loan. Home …

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