Tips to Get loan against property without income proof or ITR​

An income proof or ITR is an important document to get a loan against property (LAP). However, you can get a loan even without it. Here’s how.

Savings account balance

The lender might ask for your bank statement. Keep your savings account balance optimal to show a good financial standing.

Choose a guarantor

A guarantor can give a guarantee on your loan and share in the repayment responsibility. This will enhance your eligibility too.

Rental income

You can get a loan of up to 90% of the your net rental income (max up to 5 crore)

Business statements

You can furnish the financial statements of your business like the profit and loss account, balance sheet, etc. to get the loan.

Opt for a co-application

A co-borrower or co-applicant can also help. The co-borrower can submit their income proof and you can get the loan easily.

Choose one or more of these options and apply for IDFC FIRST Bank Loan Against Property. Get loans up to ₹15 crore with easy documentation.

T&C apply. For details, visit www.idfcfirstbank.com