New Property Purchase?

Avail ANP WEALTH's loan against property for your personal or business needs. Both residential and commercial properties can be mortgaged for taking a loan against property.

Features New Property Purchase

  • Loan against fully constructed, freehold residential and commercial properties for:
    • Business Needs
    • Marriage, medical expenses and other personal needs
    • Transferring your outstanding loan availed from another Bank / Financial Institution
  • Longer tenure, smaller EMIs.
  • Attractive interest rates.
  • Easy and hassle free documentation.
  • Simple repayments through monthly instalments.

Who Can Apply For A New Property Purchase?

You can apply individually or jointly for a Loan Against Property. All owners of the property will have to be co-applicants. However, all co-applicants need not be co-owners. Generally co-applicants are close family members.

DOCUMENTS

Following are the documents you would need to submit for all applicants / co-applicants along with the completed and signed Application Form for the Loan Against Property approval:

Valid Passport
Voter ID Card
Aadhaar Card
Valid Driving Licence
Last 3 months' Salary Slips
Last 6 months' Bank Statements, showing salary credits
Latest Form-16 and IT returns

Existing ANP WEALTH Customers

The principal outstanding on all existing loans and the Loan Against Property being availed should not cumulatively exceed 60% of the Market Value of the mortgaged property as assessed by ANP WEALTH.

New Customers

Loan Against Property being availed should not, generally, exceed 50% of the Market Value of the property, as assessed by ANP WEALTH.

Loan Term

You may spread out your payments for the loan over a maximum term of 15 years. The tenure of the loan is also dependent on the customer’s profile, age of customer at maturity of loan, age of property at loan maturity, depending upon the specific repayment scheme as may be opted and any other terms which may be applicable based on prevalent norms of ANP WEALTH.