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Commercial Purchase :


To achieve complete self-reliance, a flourishing business needs the right room to grow.

Even if you find the property that fits your vision arranging for its finances may not be easy. At Meha Finance we understand your requirements when it comes to business expansion opportunities or the possibilities of a new business idea. And that's why our Commercial Property Purchase Loan make sure that you don't have to compromise on your choice of property and get complete freedom to run your venture the way you want.

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A Commercial Property Purchase Loan is a loan that uses commercial property as collateral. A Commercial Property Purchase Loan is a business loan which is secured against a commercial property. Commercial Property Purchase Loan are often used to buy business premises, such as offices, shops, restaurants. While residential mortgages are typically made to individual borrowers, Commercial Property Purchase Loan is often made to business entities (e.g., corporations, developers, partnerships, funds and trusts). These entities are often formed for the specific purpose of owning commercial real estate.

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Commercial Property Purchase Loan Eligibility :

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SELF EMPLOYED INDIVIDUAL :

  • An Indian Resident.
  • You should be in business for a minimum of 3 years.
  • You should be self employed Minimum 24 to maximum 65 years of age.
  • Your current place of residence should be occupied for a minimum of 3 years in the city.

SELF EMPLOYED INDIVIDUAL :

  • An Indian Resident.
  • You should be in business for a minimum of 3 years.
  • You should be self employed Minimum 24 to maximum 65 years of age.
  • Your current place of residence should be occupied for a minimum of 3 years in the city.

SALARIED :

  • You should have 3 years work Experience.
  • Your Minimum age should be 24.
  • Your maximum age should be 58/60 at the time of closer of the loan.

Get in touch with us for better services and help.

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Commercial Property Purchase Loan Documents :

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  • Application Form With Photograph Duly Signed

  • Clear Pancard Copy, (Applicant & Co-Applicant)

  • Latest Residence proof (Applicant & Co-Applicant)

  • Latest Office Proof (Applicant & Co-Applicant)

  • Last 3 Months Salary-Slips

  • Last 12 Months Bank Statements

  • Processing Fee Cheque

  • GST Certificate & GST 3b Copy Last 1yrs

  • Form 16 / Income Tax Returns Of Last 3 Yrs

  • All Loan Sanction Letter If Any

  • Business Profile

  • Proof Of Business Existence ( Gumasta License , Sales Tax Certificate , Form 26AS , )

  • Last 3 Years ITR with CA Certified / Audited Balance Sheet And Profit & Loss Account

  • MOA /AOA

  • Partnership Deed

  • Company Pancard Clear Copy

  • Shareholding Pattern On Letterhead

  • Sundry Debtor & Creditor List Last 1year

  • Property Papers ( Chain Of Agreement, OC, CC, BMC Approved Plan & Share Certificate Front and back copy,Society NOC) / Draft Agreement, Cost Sheets.


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Type of Loans we can deal with

We also deal in all types of property related works - MHADA, SRA, CIDCO Properties

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