Loan Details

Interest Rate

12.20% onwards

Processing Fee

Up to 0.20%





Maximum 7 years

  • Eligibility Factors
  • Documents Required
  • Loan Verification Process
  • Rate of Interest
Jammu And Kashmir Loan Against Property
  • Age: 18 to 65 years
  • Credit score: 650 or above
  • Employment Type: Salaried or Self-employed
  • Income: 25000 monthly
  • Work experience: Min 3 years


All the applicants are required to submit the below-listed documents with Jammu And Kashmir Bank:

  • Filled up Jammu And Kashmir Bank loan against property application form
  • Recent Photographs
  • ITR of previous 2 years
  • Proof of Identity
  • Proof of Residency
  • Proof of Signature Authenticity

Self-employed candidates are required to submit the documents listed below along with the ones mentioned above:

  • Proof of business establishment
  • Address proof of business
  • Income Tax Returns
  • Proof of Business continuity of the past 3 years
  • Copy of bank statement of the past 180 days
  • Proof of earnings of the last 6 months

Salaried applicants are required to submit a copy of the following documents along with the ones mentioned above:

  • Last 6 months of bank statement showing your income or salary details
  • Copy of salary slip of past 180 days
  • Copy of all relevant documents showing ownership of property that is to be mortgaged
  • Previous 2 years’ Form 16
  • Employer’s ID
  • Proof of work experience

Identity Proof (for all borrowers)

  • Driving License
  • Aadhaar Card
  • Valid Passport
  • PAN Card
  • Voter ID

Proof of Residential Address (for all borrowers)

  • Utility Bill
  • Receipt of Property Tax
  • Approved Building Plan
  • Valid Passport
  • Voter ID
  • Registered Rent Agreement

Birth Date Proof (for all borrowers)

  • Driving License
  • Valid Passport
  • Voter ID
  • Aadhaar Card

Property documents (for all borrowers)

  • Registered Sale Deed
  • Lease Deed
  • Conveyance
  • Past Sale Deeds
  • Receipt of House Tax Return
  • Building Plan approved by Municipal Corporation

Income documents (for salaried borrowers)

  • Last 6 months Pay Slip.
  • Form 16 of the past 2 years
  • Bank statement of the past 6 months showcasing EMI debit/ salary credit

The loan verification process involves:

  • Fill the application form and upload it on the official website. Submit copies of all the relevant documents. It can be quickly done by signing up on One of our representatives will get back to you within 24 hours and schedule visits for collecting the document copies.
  • The concerned officials will verify the documents. They may visit the property if necessary.
  • Once your application is finalised, the loan amount will be credited to your account, and you will get a copy of the duly signed loan agreement containing all the details of loan interest, tenure, loan amount, charges, and penalties.

Jammu And Kashmir Bank offers loan against property at interest rates of 12.20% onwards.