As you requires I am here telling you about the eligibility conditions and document requirements to avail loan against property from Union Bank of India.

Loan against property:
Eligibility :

Indian national owning non-agricultural property.

Minimum age – 18 years
Maximum age - 70 years.

Applicants should be filing Income Tax return.

NRIs are also eligible for mortgage loan

Quantum Of Loan

Minimum : Rs. 5 Lakh

Maximum –
Resident Indian Agriculturist NRI
Rs. 10 Crore Rs. 1 Crore Rs. 5 Crore


Repayment
Maximum repayment period :
12 years.
No moratorium period permitted.

List of Documents required to avail loan :

Proof of identity (any of the following)
Passport
PAN Card
Employee identity card
Any other valid proof

Proof of address (any of the following)
Electricity bill
Telephone bill
Ration card
Any other valid proof

PAN Card

Last 12 months bank statement

Proof of income
For salaried class
Last one year ITR
Form-16/ letter from Employer
Last 6 months salary slip

For non-salaried class
Last three years ITR
P and L Balance sheet

Property papers
Title Deed

3 photographs

Proof of out-goes
Loan repayment statement, if any
LIC Policies, if any
Valid proof of any other out-go