Fullerton India Credit Co. Ltd. is Now SMFG India Credit Co. Ltd.


The key to avail any loan is to ensure you follow the process & guidelines associated. In this article, we give you few pointers to ensure your loan application for LAP is hassle free & seamless.

Ensure the following documents are in place for Loan against Property:

  • Application Form along with your most recent photograph
  • Identity proof such as a copy of passport, Voter ID Card, PAN Card or Driving License
  • Address proof like Ration Card, Telephone Bill, Electricity Bill, Rental Agreement, Driving License, Copy of Passport, Bank Statement or Passbook, etc.
  • Age proof such as PAN Card or passport
  • Bank statement or salary slips from the last 6 months
  • Form 16
  • Income Tax Returns for the previous 3 years
  • A cheque for processing fee
  • Property Documents for collateral


  1. If you’re self-employed, you will also need income statements and other financial documents for the last 2 years attested by a Chartered Accountant.
  2. If you’re an SME, you will need audited financials for the past 2 years.

After you have your documents in order, start your Loan against Property application:

  • The loan against property can be applied either offline or online. For offline, visit the nearest branch and for an online visit website of any financial website to fill the application form.
  • Once the application form is submitted with all the mandatory details, it will be processed, and a customer care representative will be assigned to your application.
  • He/She will collect the documents required for the loan.
  • Once after the documents verification, the property value will be estimated to fix the loan amount.
  • Finally, the loan will be disbursed, and EMI has to be paid monthly.

Helpful tips to help you get a loan against property quickly and easily:

  1. High Credit Score

    Maintaining a High Credit score indicates your capability to repay the loan on time. Having a good score avoids the time taken in the verification of documents.

  2. Adding a Co-applicant

    Adding a co-applicant with a regular income helps in the fast processing of your application. The co-applicant can be your spouse, friend or any family member.

  3. High and Stable Income

    Having a steady income helps in gaining lenders' trust when it comes to paying EMIs. High income increases your chance of getting a loan against property as fast as possible.

  4. Relationship with the Lender

    If you already have an account or any transaction-based relationship with the lender helps in obtaining trust. Since the lender already knows you as a customer it makes it easy to process the loan application for them.

  5. Debt to Income Ratio

    Debt to Income ratio is the total percentage of the borrower’s monthly income which is used for paying debts. Having a good debt to income ratio helps in availing the quick loan.

At SMFG India Credit, are known for our hassle free documentation, quick disbursal & transparent process, thus ensuring that the whole loan application & disbursal process is seamless & without difficulty. We also provide customized loan against property depending on your requirement.

* Please note that this article is for your knowledge only. Loans are disbursed at the sole discretion of SMFG India Credit. Final approval, loan terms, disbursal process, foreclosure charges and foreclosure process will be subject to SMFG India Credit's policy at the time of loan application. If you wish to know more about our products and services, please contact us

Reasons to buy

You can take our personal loan for a variety of reasons.

Wedding Expenses

Wedding Expenses

Higher Studies

Higher Studies

Exotic Vacations

Exotic Vacations




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