Is there any bank providing loan against property without any income proof?



Hi am a home maker. Am planning to buy a land and than construct a house with rental income. Is there any bank providing loan against property without any income proof. I can repay the loan with the rental income after the construction is completed.

Is there any bank providing loan against property without any income proof?
Rate these answers

6 Replies to “Is there any bank providing loan against property without any income proof?”

  1. Every loan that you apply for, you must provide proof of your income or they will not lend you money and it is because they need to make sure that you are able to pay the loan back.





  2. No bank will give.

    But if the proposed rental income from the property is substantially high comparing to the EMI on your proposed loan, then by convincing the bank you can get.


  3. No financial institution will provide U loan because any bank or financial institution need to assure that they get back their money with interest in a specific duration acceptable to both the parties.





Leave a Reply

Your email address will not be published. Required fields are marked *