Loan Against Property: Overview
Apart from income and savings, individuals also need additional funding to meet their personal and professional financial requirements. From meeting educational expenses to making payments for medical emergencies, the needs can be many.
Savings may not always be sufficient to meet these expenses, and using it also reduces financial cushioning. Bajaj Finserv thus brings 10 Lakh loan to fulfil your additional funding requirement. Take a look at the features and benefits you can enjoy with this loan.
Loan Against Property: Features and Benefits
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Affordable Loan Of High Value
With Bajaj Finserv, you can avail a high-value Loan Against Property of up to Rs.10 Lakh at affordable rate of interest. Both salaried and self-employed individuals can avail the loan. With the right eligibility, you may also avail a loan of up to Rs.3 Crore if you are a self-employed individual. For salaried individuals, the maximum loan amount can be up to Rs.1 Crore.
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The Long Tenure Of Repayment
Avail 10 Lakh loan with a prolonged repayment tenure for easy repayments. As per the flexible tenure feature provided by Bajaj Finserv, a salaried individual can avail this loan with a repayment periods ranging between 2 and 20 years. For self-employed individuals, the maximum loan tenure can be up to 18 years.
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Additional Credit With Balance Transfer Facility
Bajaj Finserv also brings Balance Transfer Facility. It is a unique feature with which you can transfer the existing balance of your loan to us and get lower loan against property interest rates. To meet any additional funding requirement, you may also opt for a Top up Loan with no additional documentation required.
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Flexi Loan Facility
With Bajaj Finserv’s Flexi Loan facility, you can withdraw money from a pre-sanctioned loan amount and prepay at any time before the tenure ends. Calculate your 10 Lakhs loan EMI through mortgage calculator conveniently by opting for interest-only monthly instalments. The interest here is charged only on the amount withdrawn as per the property loan rates, thus making repayment affordable.
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Quick Approval And Disbursal
Get quick approval of your Property Loan and disbursal of the amount within four days of approval. With minimum eligibility criteria and documents required, the application and approval procedure thus becomes hassle-free.
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Convenient Account Management
Bajaj Finserv brings Experia, an application with which you can easily manage your Mortgage Loan account online, at any time and from anywhere.
Loan Against Property: Interest Rates and Fees
Avail 10 Lakh loan with Bajaj Finserv at attractive rates of interest, one of the lowest in the market. Other applicable fees and charges are also minimal, thus making the loan affordable.
Loan Against Property: Eligibility Criteria and Documents Required
How to Apply for 10 Lakh Loan?
Applying for the loan is easy and convenient with Bajaj Finserv. Fill up the online form with the necessary details and submit. Receive communication from our representative within the next 24 hours and proceed with the remaining procedure.
