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Why Take Loan Against Industrial Property From Us?

  • 20 years of experience in industrial property loan.
  • Industrial Property Loan up to Rs. 50 crore.
  • Lowest ROI & processing fees.
  • 20% higher loan amount than other service provider.
  • Industrial Property Loan up to 80% of cost of property
  • “NO INCOME PROOF” loan.
  • Industrial Property Loan to “LOW CIBIL SCORE” or “NO CIBIL SCORE”.
  • Industrial Property Loan based on past loans repayment track records.
  • Loan to all kinds of profile. There is “NO NEGATIVE PROFILE” for us.
  • Industrial Property Loan to all kinds of profile.
  • Minimum Documentations.
  • Fastest loan approval guaranteed
  • No Hidden Charges.
  • Amicable after sales service.

Do you want to know more about Industrial Property Loan?

If you are a businessman and running a manufacturing company in your owned industrial property, you may require funds for expansion of your company, want to infuse capital in your business, want to introduce new technology in your business, etc. To fulfill your requirements you can take loan against your pre-owned industrial property from bank or NBFC. This type of loan is called loan against industrial property or industrial property loan.

Benfits of Loan Against Industrial Property are as follows:-

  • INTRODUCING NEW TECHNOLOGY: Many times you required to introduce new technology in your business, which will reduce your operating expenses, increase production and thus increase profitability of the business. New technology requires a heavy investment. You can take loan against industrial property from bank or NBFC to fulfill your requirement.
  • EXPANSION OF BUSINESS: All the manufacturer wants to expand his business. Business expansion requires large amount of investment. You can borrow loan against industrial property from bank or NBFC and invest loan amount towards your business expansion.
  • CONSOLIDATION OF LOANS: Many times for your business or personal need, you may have borrowed machinery loan, personal loan, business loan, gold loan etc. from bank or NBFC. These loans were lent by bank or NBFC for shorter period, on high rate of interest resulting on heavy EMI. These heavy EMI suck your business liquidity also. Bank or NBFC offers loan against industrial property comparatively at lower rate of interest for longer period of time resulting in low EMI. You can take loan against industrial property and repay all these small loans and keep a single EMI.
  • TO MEET PERSONAL EXPENSES: Many times you have to make certain expenditure for which you have not made any planning, expenses such as medical emergency, child higher education, daughter marriage, etc. required a lot of money. Either you have to sell your property or borrow loan against industrial property from bank or NBFC to meet these personal expenses

A professional consultant will save your time and money both, If you need a professional guidance then contact Sanuk Financial Services. We are always with you.

You can borrow loan against industrial property from bank or NBFC on following types of property:-
  • LOAN AGAINST SELF OCCUPIED INDUSTRIAL PROPERTY: When you borrow loan from bank or NBFC against an industrial property on which you are running a manufacturing business on the same property, is called loan against self occupied industrial property.
    Bank or NBFC offers loan up to 60% to 80% market value of the property on self occupied industrial property.
    To avail maximum loan amount on lower rate of interest, you can take Sanuk Financial Services professional consultancy. We will be there with you for your each step.
  • LOAN AGAINST RENTED INDUSTRIAL PROPERTY: When you borrow loan from bank or NBFC against an industrial property which you have given on rent to some other person or company, is called loan against rented industrial property.

    Rate of interest on loan against rented industrial property is comparatively higher than loan against self occupied industrial property.

All the bank or NBFC have their own loan eligibility criteria but there are some common loan eligibility criteria which borrower has to fulfill to avail loan against industrial property from bank or NBFC.

Following are some key important factors which would be checked by bank or NBFC to accept or reject the loan against industrial property application:-

  • Age: At the time of loan against industrial property application, applicant must be 21 years or above but not more than 65 years because repayment of the loan has to be completed on or before 65 years of borrower age.
  • Business Continuity: Bank or NBFC checks business continuity of an individual or company who is applying for loan against industrial property. An individual or company should be in the business for at least 3 years. A regular source of income, ensure the lender regular repayment of their loan EMI.
  • Cibil Score: A loan against industrial property borrower who is having good cibil score will get quick loan from the bank or NBFC. Cibil score is a decisioning factor for sanctioning or rejecting loan against industrial property applications.
  • VALID, CLEAR AND MARKETABLE TITLE DEEDS OF PROPERTY: A loan against industrial property borrower must be having valid, clear and marketable title deeds of entire chain of the property along with approved sanction plan or map. The ownership and physical possession of the property lies with the borrower only.

Generally, Loan against industrial property offered by bank or NBFC to self employed non professional.

Lenders divided self employed non-professional into three categories i.e. Proprietorship Firm, Partnership Firm, and Private Limited or Limited company.
As per the types of company document required for loan against industrial property are as follows:-

KYC Documents

  • Pan Card
  • Aadhar Card
  • Voter ID Card
  • Passport
  • Copy of Rent Agreement/ Registered Lease Deed
  • Latest Month Electricity Bill
  • Copy of VAT/ Sales Tax, GST, Import-Export or any other registration Certificate
  • Latest Office Address proof i.e electricity bill, rent agreement etc.
  • Company Profile on the Letterhead of the firm

Income Documents

  • Latest 3 year ITR with computation of Income including P & L a/c, balancesheet
    with their schedule and annexures duly certified by CA
  • Form No. 3 CA & 3 CD in case of audited balance sheet
  • Latest 2 years VAT/ Sales Tax/ GST return
  • Latest 2 years form 26AS if applicable

Bank Statements

  • One year up to date all the saving and current account statement

Loan Documents

  • Copy of Sanction Letter
  • Up to date loan account statement
  • Loan repayment schedule
  • 12 Months up to date bank statement showing repayment of the loan
  • Loan closure proof if loan is closed

Property Documents

  • Copy of previous chain of property papers
  • Copy of approved sanction plan or Map
Individual Partners Document

KYC Documents

  • Pan Card
  • Aadhar Card
  • Voter ID Card
  • Passport
  • Latest Month Electricity Bill
  • Copy of Rent Agreement/ Registered Lease Deed

Income Documents

  • Latest 3 year ITR with computation of Income
  • Latest 2 year form 26AS if applicable

Bank Statements

  • One year up to date all the saving account statement

Loan Documents

  • Copy of Sanction Letter
  • Up to date loan account statement
  • Loan repayment schedule
  • 12 Months up to date bank statement showing repayment of the loan
  • Loan closure proof if loan is closed

Property Documents

  • Copy of previous chain of Property papers
  • Copy of approved sanction plan or Map
Partnership Firm Document

KYC Documents

  • Pan Card
  • Copy of VAT/ Sales Tax, GST, Import-Export Certificate or any other registration certificate
  • Copy of Partnership Deed
  • Latest office address proof i.e. electricity bill, rent agreement etc.
  • Company Profile on the Letterhead of the firm

Income Documents

  • Latest 3 year ITR with computation of Income including P & L a/c, balancesheet with their schedule and annexures duly certified by CA
  • Form No. 3 CA & 3 CD in case of audited balance sheet
  • Latest 2 years VAT/ Sales Tax/ GST return
  • Latest 2 years form 26AS if applicable

Bank Statements

  • One year up to date all the current account statement

Loan Documents

  • Copy of Sanction Letter
  • Up to date loan account statement
  • Loan repayment schedule
  • 12 Month of upto date bank statement showing repayment of the loan
  • Loan closure proof if loan is closed
Individual Directors Document

KYC Documents

  • Pan Card
  • Aadhar Card
  • Voter ID Card
  • Passport
  • Latest Month Electricity Bill
  • Copy of Rent Agreement/ Registered Lease Deed

Income Documents

  • Latest 3 years ITR with computation of Income
  • Latest 2 years form-16 with 26AS if applicable

Bank Statements

  • One year up to date all the saving account statements

Loan Documents

  • Copy of Sanction Letter
  • Up to date loan account statement
  • Loan repayment schedule
  • 12 Months up to date bank statement showing repayment of the loan
  • Loan closure proof if loan is closed

Property Documents

  • Copy of previous chain of property papers
  • Copy of approved sanction plan or Map
Private Limited or Limited Company Documents

KYC Documents

  • Pan Card
  • MOA & AOA
  • Copy of VAT/ Sales Tax, GST, Import-Export Certificate or any other registration certificate
  • Latest office address proof i.e. electricity bill, rent agreement etc.
  • Company Profile on the Letterhead of the Company
  • List of director & shareholder with their shareholding pattern duly certified by CA.
  • Latest form-32

Income Documents

  • Latest 3 year ITR with computation of Income including P & L a/c, balancesheet with their schedule and annexures duly certified by CA
  • Form No. 3 CA & 3 CD in case of audited balance sheet
  • Latest 2 years VAT/ Sales Tax/ GST return
  • Latest 2 years form 26AS if applicable

Bank Statements

  • One year up to date all the current account statement

Loan Documents

  • Copy of Sanction Letter
  • Up to date loan account statement
  • Loan repayment schedule
  • 12 Month of up to date bank statement showing repayment of the loan
  • Loan closure proof if loan is closed

What are the other key factors to be considered before choosing best Loan Against Industrial Property?

Before taking loan industrial against property it is advisable to consider following factors:

  • Loan Eligibility: Check your loan against property eligibility, that how much loan you can borrow from bank or NBFC based on your income eligibility and market value of the property. All the banks or NBFC have different product and policy to calculate the loan eligibility. Loan eligibility of a borrower also depends upon so many other factors like age, income, cibil score, work profile, financial stability, market value of the property, loan to value (LTV) ratio etc.

  • Rate Of Interest: Before taking loan against property, check rate of interest offered by different bank or NBFC as it has a major impact on your EMI. If rate of interest is high then EMI is also high, so choose the bank which provides lower rate of interest so that EMI will not put extra loads on your business.

  • Loan Processing Fees: Bank or NBFC charges loan processing fees to process your loan against property application. There are two types of charges one is loan processing fees and the other is loan administration charges.

    Loan processing fee charges by the bank or NBFC to process your loan application, valuation of the property, legal verification of the property, residence verification, office verification, due-diligence of income documents and bank statement etc. It could be a fixed percentage of your loan amount or a fixed amount.

    Loan administration charges are taken by bank or NBFC to maintain your loan account after disbursement. Some bank or NBFC took upfront fees however some of them charged after sanction of the loan amount. So check loan processing charges of bank or NBFC deeply before applying for the loan.

  • Part Payment Charges: When borrower want to make some payment towards principal amount of loan against property, bank or NBFC may charge part payment charges from the borrower. It is advisable to read the terms and condition of your loan sanction letter and loan agreement carefully and make sure that it is not very high compared to market.

    If you apply through Sanuk Financial Services, our professional consultant will assist you in negotiating with the banks on rate of interest, loan processing fees, part payment charges, foreclosure charges etc. Sometimes we also offer exclusive loan scheme to our valued customers on behalf of the bank like nil processing fee or nil part payment or foreclosure charges.

  • Loan Foreclosure Charges: When borrower decided to close his loan against property before the completion of loan tenure or period. Bank or NBFC may levy 1% to 5% foreclosure charges on outstanding loan amount.

    If you apply through Sanuk Financial Services, our professional consultant will assist you in negotiating with the banks and may get ZERO foreclosure charges for you.

  • Loan Against Industrial Property Terms And Conditions: Bank or NBFC laid down several conditions related to balance transfer of loan against property to another lender, cheque bouncing charges, late payment charges, interest on late payment etc. It is advisable to read all the terms and conditions before choosing the best bank.

Why I should take Loan Against Industrial Property from Sanuk Financial Services and how do we help?

Today internet is the source of information and there is a lot of information available about the loan against industrial property on internet and we have also tried to give you some information about loan against industrial property but the most important question is that Why I should take loan against industrial property from Sanuk Financial Services and how do we help you in choosing best loan against industrial property?

Almost all the bank or NBFC claims to offer you the best deal. Most of the people confused with the various offers and deal, so we are here to help you to choose the best deal on loan against industrial property offered by bank or NBFC.

About Sanuk Financial Services

Sanuk Financial Services is the one stop solution for all your financial needs. We are into this business for more than a decade. Sanuk Financial Services will analyze different loan offers and suggest you best deal on Industrial property loan with great customer services. Our expert provides best deal on wide range of products to the customer to take right decision.

Why Choose Sanuk Financial Services?

Sanuk Financial Services knows that you have numerous options when it comes to procuring loans. For example, you could turn to a bank or NBFC (Non Banking Financial Corporation). In addition, the Internet is home to numerous lenders who want to reel you in. However, there's no need to search any further. Here are the reasons Sanuk Financial Services is the only resource you'll need.

Sanuk Financial Services Invested in Your Safety

It's easy to stumble upon fraudulent websites during your search for a suitable loan. Under the guise of reliable lenders, hackers will use infectious malware programs to obtain your private information. You'll also have to keep your guard up for fake application pages. These pages will steal any personal sensitive information that you input.

There's no need to take risks with your personal financial records. Skip those unsecure sites and work with us. Sanuk Financial Services features secure web pages that are free of malware infections. When you work with us, your information is safe.

Sanuk Financial Services Offers Choices

When you use our services, you'll have access to a large network of lenders without even leaving home. Alternatively, you can save your valuable time and money traveling to a physical loan lender. The smart choice is obvious. Give your feet a rest; stay home and work with us. You find the lender that seems best for you.

Sanuk Financial Services Works Fast

We understand that when you're applying for loan, you want the loan as soon as possible. For this reason, our request process is swift and hassle-free. If you have the required information handy, you can receive funds as soon as the next business day.

Don't get caught up in delays and complicated requirements of other service provider. Sanuk Financial Services process is faster than working with any other service provider, so count on us for immediate emergency loan requirement.