Industrial Property Purchase Loan

Note: - You can avail 70% - 90% of industrial property value as a loan amount.

What are the factors generally affecting Industrial property loan Eligibility Criteria?

There are Top factors that generally affects Industrial property loan Eligibility Criteria as given below: -

Low Credit Score: - If you have existing loan then try to close it first, as it affects your Credit score if you ever paid late EMI or not yet paid repayment.

Applicant Age: - As stated above in eligibility criteria that there is a specific age limitation for applying loan, therefore if you were unable to meet the requirements to fall to get loan.

What are the ways to increase Industrial property loan eligibility?

To increase Industrial property loan eligibility, you need to consider Top points as given below, this will aid you in increasing your eligibility level.

Add Earning family member as co-applicant: - To increase your eligibility you can add up any of your earning family member as a co-applicant as it will help you to improve your eligibility.

Credit Score above 750: - A good credit score helps you to increase your eligibility upon loan, credit score above 750 known to be great score which will definitely aid to get loan approval.

Good financial record: - Make sure that you maintain a good financial record in terms of availing loan, as with a bad financial record your eligibility level become lower .