Interest Rates and Documents

Interest Rates for Udyog LAP – Mumbai


Enjoy low interest rates, high loan amounts, and flexible repayment options with Godrej Capital’s Udyog Loan Against Property.

Indian Resident Salaried

11% to 16%

Per annum onwards

Business Self-Employed

11% to 16%

Per annum onwards

Professional Self-Employed

11% to 16%

Per annum onwards
* Disclaimer: All contents mentioned on this page, including but not limited to documents, eligibility may vary for each borrower and are subject to the discretion of the lender. The content is subject to change without prior notice.

Documents Required for Udyog Loan Against Property

KYC Documents

Address & Identity Proof

Pan Card or Form 60 is mandatory. For Proof of Address & Identification, any one of the following documents is acceptable:

  • Aadhar Card
  • Valid Passport
  • Valid Driving License
  • Voter’s Identity Card

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Income Documents

Income Declaration

To submit proof of income, following documents are acceptable:

  • Employment proof for 5 years (e.g., Form 16, joining date on salary slip, employer letter, appointment letter, etc.)

Property Documents

For Property Ownership (User Approved Projects)

  • Allotment Letter or Stamped Agreement for Sale
  • Payment Receipts or bank account statement showing all payments made to the Builder

For Resale Properties

  • Current Registered or Draft Agreement for Sale (only for Maharashtra), Allotment Letter, or Stamped Agreement for Sale
  • Prior Chain Link Title Documents
  • Occupancy Certificate (in case the property is ready) or Approved Plan copy (photocopy of the blueprint)
  • Share Certificate (only for Maharashtra)
  • Maintenance Bill
  • Property Tax Receipt
  • Payment Receipts or bank account statement showing all payments made to the seller
Document-category
Indian Resident Salaried

KYC Documents

Address & Identity Proof

Pan Card or Form 60 is mandatory. For Proof of Address & Identification, any one of the following documents is acceptable:

  • Proof of possession of Aadhaar number
  • Valid Driving License
  • Valid Passport
  • Voter’s Identity Card

View More

Income Documents

Income Declaration

To submit proof of income, following documents are acceptable:

  • ITR and financial statements, including P&L, balance sheet, COI, and schedules, for 2 years certified by a Chartered Accountant or audited (UDIN is mandatory except for 44AD cases)
  • Latest bank statements for 12 months
  • GST returns from the last filed ITR to the current date
  • Business continuity proof for 5 years
  • Tax audit report, if applicable

Property Documents

For Property Ownership (User Approved Projects)

  • Allotment Letter or Stamped Agreement for Sale
  • Payment Receipts or bank account statement showing all payments made to the builder

For Resale Properties

  • Current Registered or Draft Agreement for Sale (only for Maharashtra), Allotment Letter, or Stamped Agreement for Sale
  • Prior Chain Link Title Documents
  • Occupancy Certificate (in case the property is ready) or Approved Plan copy (photocopy of the blueprint)
  • Share Certificate (only for Maharashtra)
  • Maintenance Bill
  • Property Tax Receipt
  • Payment Receipts or bank account statement showing all payments made to the seller
Document-category
Business Self-Employed

KYC Documents

Address & Identity Proof

Pan Card or Form 60 is mandatory. For Proof of Address & Identification, any one of the following documents is acceptable:

  • Proof of possession of Aadhaar number
  • Valid Passport
  • Valid Driving License
  • Voter’s Identity Card

View More

Income Documents

Income Declaration

To submit proof of income, following documents are acceptable:

  • ITR and financial statements, including P&L, balance sheet, COI, and schedules, for 2 years certified by a Chartered Accountant
  • Latest bank statements for 12 months
  • GST returns from the last filed ITR to the current date
  • Practice continuity proof for 5 years
  • Tax audit report, if applicable

Property Documents

For Property Ownership (User Approved Projects)

  • Allotment Letter or Stamped Agreement for Sale
  • Payment Receipts or bank account statement showing all payments made to the builder

For Resale Home

  • Current Registered or Draft Agreement for Sale (only for Maharashtra), Allotment Letter, or Stamped Agreement for Sale
  • Prior Chain Link Title Documents
  • Occupancy Certificate (in case the property is ready) or Approved Plan copy (photocopy of the blueprint)
  • Share Certificate (only for Maharashtra)
  • Maintenance Bill
  • Property Tax Receipt
  • Payment Receipts or bank account statement showing all payments made to the seller
Document-category
Professional Self-Employed