Own a flat, an office or land in Mumbai? Use it to get a loan, and keep your property. We compare offers from banks and finance companies and guide you from the first call to the payout. The lender gives the final approval.
LOAN AMOUNT
Up to 60% to 70%
Of your property’s market value. The lender decides.
INTEREST RATE
Competitive
Depends on the lender and your profile.
TENURE
Long
Usually longer than many other loans.
OWNERSHIP
Stays with you
You keep and use your property.
OVERVIEW
A mortgage loan is also called a loan against property. You give your property, like a flat, an office or land, to the lender as security. You get a loan, and you still own and use your property.
This type of loan can give you a bigger amount and a longer time to repay than many other loans. People use it for business needs, studies, medical bills or personal needs.
We compare offers from different lenders for you. A relationship manager from our team stays in touch with you. The lender values your property and gives the final approval.
A mortgage loan is right for you if
OUR MUMBAI OFFICE
Our Mumbai office
OUR MUMBAI OFFICE
OUR MUMBAI PARTNERS
Visit us or give us a call. We will show you which lenders may suit your property and profile.
BENEFITS
It gives you more room to borrow, and you do not have to sell your property.
Because your property is security, you can often borrow more than with a loan without security.
A longer repayment time can mean smaller monthly payments.
You stay the owner and can keep using your property while you repay.
Introduce them to us. We will help them compare mortgage loan offers.
ELIGIBILITY
Salaried people, business owners, self-employed people and registered firms can apply. Each lender has its own rules.
How much can I borrow?
The lender values your property and offers a part of that value. This is usually 60% to 70% of the market value.
You are between 21 and 65 years old and have a steady job. The lender checks your income, your credit record and your property. Each lender has its own rules. We find the one that fits.
Income proof
Latest salary slip or bank statement
Job
A steady job history
Age
21 to 65 years
Property
Title papers for the property
You are between 21 and 70 years old and run your own work or business. The lender checks your income, your records and your property. Each lender has its own rules. We find the one that fits.
Income proof
Bank statements and tax returns
Business
2 to 3 years of running
Age
21 to 70 years
Property
Title papers for the property
Some lenders may give a mortgage loan to NRIs for a property in India. They may ask for extra papers. Please speak to our advisor first.
Identity proof
Passport and visa
Income proof
As the lender asks
Extra papers
As the lender asks
Property
Title papers for the property
Work out your EMI and get the exact list of papers lenders ask for.
For planning only. Your lender confirms the final EMI.
RATES, FEES AND CHARGES
The cost depends on the lender, your property and your profile. We show you every charge before you apply.
Item
Typical
Notes
Interest rate
Set by the lender
Depends on your profile and your property’s value
Rate type
Fixed or floating
Fixed stays the same. Floating can change.
Processing fee
Set by the lender
We tell you the exact fee upfront
Property valuation
Done by the lender
Ask if there is a fee for it
Paying off early
Set by the lender
Ask about any fee before you sign
BEFORE YOU APPLY
A little preparation can help you get better results.
The value of your property sets how much you can borrow.
Clear property papers help speed up the checks.
Bank statements, tax returns and ID proof.
Choose an EMI that fits your monthly budget.
Check all charges
Look at fees, valuation costs and early payoff rules.
Look at the rate, the time and the fees side by side.
RELATED LOANS
Looking for something different? See these options.
How we work
At every step you know what is happening, who is handling it and what you get at the end of it.
01
We review your income, credit history, property and existing loans, and tell you honestly what is possible.
who
You + your advisor
You get
A clear view of what is possible
02
We shortlist the banks and NBFCs whose policies fit your profile, so you apply where approval is likely.
who
You + your advisor
You get
A clear view of what is possible
03
We give you one checklist, collect the papers and check them before the lender sees your file.
who
You + your advisor
You get
A clear view of what is possible
04
We present your case to the chosen lender and handle their questions on your behalf.
who
You + your advisor
You get
A clear view of what is possible
05
We compare the sanction terms and negotiate rate, fees and conditions where possible.
who
You + your advisor
You get
A clear view of what is possible
We follow up on legal, valuation and agreement steps until the money reaches you.
who
You + your advisor
You get
A clear view of what is possible
CASE STUDY
From a client’s own words on our website.
WORKING CAPITAL ENHANCEMENT
A Mumbai-based engineering components manufacturer with ₹60 Cr turnover and 12 years in business. Its existing ₹4 Cr cash credit limit no longer matches its order book.
Our approach: assess the working capital need from audited financials, the stock and debtor cycle, and the order pipeline. Then propose increasing the limit to ₹8 Cr, backed by stock and book debts, with the factory land and building as additional security.
Client
Engineering manufacturer, Mumbai
Turnover
₹60 Cr
Structure
Cash credit enhancement (₹4 Cr → ₹8 Cr)
Security
Factory land & building, valued ~₹12 Cr
The EMI for a mortgage loan depends on the loan amount, tenure, and rate of interest offered by the lender. Borrowers can use an EMI calculator to estimate monthly repayments based on their expected principal and interest. When you apply through Nihal Fintech, we help you compare EMI outcomes from multiple lender offers before you finalize the loan.
Some lenders may consider applications without traditional income proof, depending on the property value, banking history, and overall profile. This option is commonly requested by traders, freelancers, and small business owners. Nihal Fintech assists in presenting your application based on the documents you are able to provide.
The maximum loan amount depends on the value of the property, lender policies, and your repayment capacity. Residential properties may offer higher loan-to-value compared to commercial assets. Each lender determines the percentage and the sanction amount after evaluation.
Senior citizens may be eligible for a loan against property depending on income source, co-applicant support, property documentation, and the tenure of the loan. Lender policies vary, and applications are evaluated case by case.
Mortgage loan approvals typically take approximately 7 to 14 working days, depending on documentation readiness, verification time, and property evaluation. Coordination and document review play a key role in processing speed.
Share a few details and an advisor will call you to check feasibility. Or call us on +91 77009 44833.
