Following are the procedure steps:

1. Property Assessment:

The lender will evaluate the market value of the office space you intend to pledge as collateral. This assessment is typically conducted by an approved valuer.

2. Loan Application:

You'll need to fill out a loan application form provided by the lender. The form will require details about the property, your financial situation, and personal information.

3. Documentation:

You'll need to submit various documents along with your loan application. These typically include:

• Title deeds or ownership documents of the office space.
• Identity proof (such as Aadhaar card, passport, or PAN card).
• Address proof (utility bills, rental agreement, etc.).
• Income proof (salary slips, income tax returns, bank statements, etc.).
• Property tax receipts.
• Any other documents specified by the lender.

4. Credit Check:

The lender will conduct a credit assessment to evaluate your creditworthiness.