Leverage Your Assets
Unlock
Hidden Value With
Loan Against Property
Leverage the hidden equity of your residential or commercial real estate. Meghalaya Rural Bank provides substantial, multi-purpose capital injections against your property at incredibly competitive interest rates.
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Why choose
our LAP?
Your property is your strongest asset. Put it to work seamlessly to fund your most vital overarching goals.
EligibleApplicants
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Salaried personnel, self-employed professionals, and non-individual business entities.
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Must be above 21 years of age, demonstrating consistent, provable income flow spanning recent fiscal cycles.
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Co-applicants (spouses or immediate family members) are allowed to vastly improve loan quantum approval amounts.
PropertyCondition
The asset pledged as security strictly must comprise a clear, marketable, and non-agricultural title. We securely process loans against self-occupied residential dwellings, commercial shops, and industrial properties.
Prioritize collecting these crucial records to execute the property evaluation sequence rapidly.
Financial & KYCChecklist
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KYC Modules:Aadhaar Card, PAN Card, Voter ID.
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Financial Ledgers:Form 16 / ITR of the last 3 years, paired with 6 months continuous bank statements.
Property &Technical
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Title Deeds:Complete continuous chain documents conveying clear ownership.
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Construction:Approved building plans or completion certificates from civic bodies.
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Clearances:Latest Tax/Revenue Receipts ensuring zero municipal encumbrances.