Aditya Birla Commercial Purchase Loan

As one of the most reputed non banking finance companies of India, Aditya Birla Finance has been diversifying its services since 1991 to meet all the financial issues. Areas like Corporate Finance, Commercial Real Estate and Mortgages, Capital Market, Structured Finance and Mortgages and Infrastructure Project are addressed with a promise of executing valuable transactions.

Aditya Birla Finance Limited Commercial Purchase is one of the India’s most reputed Non-Banking Financial Companies. It is spread in more than 500 cities in India with over 1700 points of presence and around 2,00,000 channel partners. It has become a significant non-bank player having around Rs 6,296 of revenues. Aditya Birla Finance has expanded its wide range of product including Project and structured finance. It enables the customer s to pursue ambitious growth strategies and execute the value creating transactions. At Loanstreet you can apply for commercial purchase online and get a prompt e-approval with assured satisfaction.

Minimum Threshold For Aditya Birla Commercial Purchase
  1. At least 24 years of age.
  2. Salaried/ Self-employed with regular source of income.
  3. Less than 65 years of age.
Documentation Required For Application Of Aditya Birla Commercial Purchase

Generally all lenders follow same guidelines for collecting elementary documents. However there may be little variation with subject to specific requirements. Below listed are the documents that is required to process the loan faster. Self-Attested copies of Documents are solicited.

  1. The Signed application form duly filled with photograph
  2. ID/ Age Proof - PAN Card/ Passport/ Aadhar Card and Residence Proof – Passport/ Utility bills/ Bank Statements.
  3. Cheque of Processing Fee
Salaried Individuals
  1. Last 2 years Form 16 or Income Tax Returns
  2. Last 3 months salary slips
  3. Last 6 months bank statement reflecting salary credits
Self employed Individual/ Proprietorship
  1. Proof of Business- Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate
  2. Last 3 years IT tax returns with profit and loss account and balance sheet duly audited by CA
  3. Latest 12 months bank statement- Savings Account and Current Account
  4. Existing Loans’ Sanction letters accompanied with repayment track
  5. Business profile on the letterhead of the company
Partnership Firm/ Partnership LLP
  1. Age proof of all the partners in the form of PAN Card, Passport or Adhar Card
  2. PAN Card of the company
  3. Residence proof of all the partners –Utility Bills/ Passport/Bank statement/ Registered rent agreement
  4. Proof of Business- Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate
  5. Latest 3 years Income Tax returns with profit and loss and balance sheet duly audited by CA.
  6. Latest 12 months bank statement of the Company and of the Partners’ Savings Bank Account
  7. Partnership deed
  8. Existing Loans’ Sanction letters accompanied with repayment track
  9. Business profile on the letterhead of the company
Private Limited / Limited Company
  • Application form duly filled with photographs of directors.
  • Age Proof of Directors- PAN Card, Aadhar Card, passport
  • Residence Proof of Directors- Utility Bills/ Passport/Bank statement/ Registered rent agreement
  • PAN Card of Company
  • Education Qualification- A professional qualification certificate in case of Doctors/CA/Architects
  • Proof of Business- Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate
  • MOA, AOA, List Of Directors, Share Holding Pattern of the Company
  • Last 3 years IT returns with Profit and Loss account and balance sheet duly audited by CA.
  • Latest 12 months bank statement of Company of all current accounts and the same for Director’s Savings Bank Account
  • Existing Loans’ sanction letter with repayment track of company and Individual Directors
  • Business Profile on the Letter Head of the Company
Property Documents
  1. Occupancy Certificate
  2. Approved Plan of building
  3. Share certificate copy
  4. Chain of deeds in case of resale property
  5. Property Card
  6. Nil Encumbrance Certificate- EC ( if applicable)
  7. Current Sale agreement/ Draft Agreement
Aditya Birla Finance Commercial Purchase
Rate of Interest 11 % - 13 %
Loan Tenure Up to 15 years
Processing Fees 1% of the loan amount + Service tax as applicable
Foreclosure charges 4% of the outstanding loan amount + applicable tax
Unique Features Of Aditya Birla Finance Commercial Purchase

Below illustrated are the unique features of Aditya Birla Finance Commercial Purchase:-

  • Convenient door step services
  • Attractive options of Balance Transfer
  • Easy repayment option through EMI’s or structured repayment options suiting your needs.
  • Attractive interest rates
  • Higher loan eligibility helping you to acquire your most desired property with ease.
  • The maximum loan tenure is 10 years.
  • The applicant can avail up to 60 % of the property value.
  • Commercial property is used as collateral.