• 0471-4011855 | +91 08590762208 | +91 08138000718
  • RIVO TOWER, Vanchiyoor, Trivandrum

Loan Against Property

Loan Against Property

Rivo Urban Nidhi Ltd. provides loan against property at 50% of the total property valuation by company valuer

Features & Benefits­

  • Attractive Interests Rates
  • Balance Transfer Facility
  • Nominal Prepayment Charges

What are the supporting documents required while applying for the loan?

Common Requirements for all Applicants :-

  • Application form duly filled in (with photograph of the entire applicant).
  • Residence and Age verification, which may be established from the PAN card, Election ID, Passport, Drivers license and Ration card etc.
  • Copy of approved plan and sanction letter from local civic authority.
  • Copy of NA permission.
  • One/two guarantors/forms and salary certificates. – If guarantor is in business, copies of I.T. returns or assessment orders for the last three years are required.
  • Bank Pass-book or statements for the last one year.
  • Latest salary slip/statement showing all deductions in case of employed applicants.
  • Certified copies of Balance Sheets and Profit and Loss accounts, IT acknowledgments, advance tax challans (for company / firm and personal account) for the last three years in case of self employed applicants.
  • Memorandum/Articles of Association for companies, partnership deeds for firms and a brief profile of your company/ firm in case of self employed applicants.

Additional Requirement :-

A. (In case of purchase from builder)

  • Copy of Agreement for sale.
  • Copy of registration receipt.
  • Copy of sanctioned plan & sanction letter of the competent authorities.
  • Copy of NA permission/ULC order.
  • Copies of receipts of payments already made.
  • NOC from builders in our format.

B. (In case of direct allotment in a Co-operative Housing Society)

  • Allotment letter.
  • Share certificate, Society registration certificate.
  • Share certificate, Society registration certificate.
  • NOC from society in our format.
  • Possession letter in original.