Loan Details

Interest Rate

7.15% onwards

Processing Fee

1% of the loan amount



0 to 1% of the balanced amount


12 Years

  • Eligibility Factors
  • Documents Required
  • Loan Verification Process
  • Rate of Interest
Punjab and Sind Bank Loan Against Property

a. Age: 21 Year to 65 Years. And these individuals should be income
tax assessed

b. Credit Score: 690 or above

c. Employment Type: Both Salaried and Self-Employed

d. Minimum Net Income: Rs. 25,000 or above

e. Work Experience: For Salaried - 3 Years of Service

For Self-Employed - 3 Years of Business Stability


All the applicants are required to submit the following documents with Punjab and Sind Bank -

  • Filled Up Application Form

  • 2 Passport Size Photographs

  • Income Tax Returns Details

  • Identity Proof

  • Residential Proof

  • Signature Authenticity Proof

Self-Employed individuals have to submit the following documents with the ones mentioned above -

  • Proof of Business with VAT or Service Tax Registration

  • Address Proof of Business

  • Profit and Loss Account
  • Balance Sheets certified by CA

  • Proof of Business Existence

  • Business Profile

Salaried individuals have to submit the following documents with the ones mentioned above -

  • Last 6 Months Pay Slip

  • Form 16 of Last 2 Years

  • 6 Months Bank statement with any salary credit or EMI debit

  • Proof of Work Experience

Identity Proof (for all borrowers) -

  • Driving License
  • Aadhar Card

  • Valid Passport

  • PAN Card

  • Voter ID

Residential Address Proof (for all borrowers) -

  • Utility Bills

  • 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

  • Aadhar 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

The loan verification Process is completed through the following steps:

1. The process begins with filling up the application and submitting it through a website or in the bank. Along with the form, submit all the required documents. The process can be more easy and quick if you sign up with

2. Our representative or a bank official will respond to you within 24 hours. And they might schedule a visit to collect your documents(if you have opted to submit documents offline).

3. The bank officials will verify the documents, and they might visit the property if necessary.

4. Once the application is approved, the loan amount will be credited to your bank account. And you will receive a duly signed loan agreement containing the details of the loan amount, tenure, interest rate, charges, and penalties.

The rate of Interests are based on both MCLR and EBLR