Loan against property up to Rs. 20 Lakh

Bajaj Finserv thus brings Rs. 20 Lakh loan to help you meet your financial requirements. You may also utilise the loan amount to meet your professional expenses like infusing working capital in your business.

The accompanying features and benefits of this loan against property give you multiple reasons to avail it.

Features and benefits

Applicants interested in availing a property loan up to Rs. 20 lakh can read below points to know about the features of the Bajaj Finserv loan against property.

  • Fast approval and disbursal

    Fast approval and disbursal

    Get a green light for your loan against property application quickly and receive funds in your account within 72 hours*  of approval.

  • No limit on end use

    No limit on end use

    Utilise our mortgage loan for personal and professional needs alike. There are no restrictions on how to use the money.

  • Flexible tenor

    Flexible tenor

    Enjoy comfortable loan repayment over a period of 2–14 years if you’re self-employed, and 2– 18 years if you’re salaried.

  • Flexi advantages

    Flexi advantages

    Use the Flexi facility to pay interest-only EMIs at the start of the tenor. Withdraw or part-prepay multiple times, if you wish to.

  • High top-up loan

    High top-up loan

    Carry out a balance transfer to Bajaj Finserv at low interest rates and also get extra finance sans additional documentation.

Loan against property up to Rs. 20 Lakh

Our Loan Against Property gives you funds of up to Rs. 20 lakh to use as you please, be it for your business or child’s education. In fact, by pledging a property of higher value, you can secure up to Rs. 3.5 crore as a loan. The low interest rates make repayment hassle-free, and the long tenor helps you tailor repayment as per your affordability. You can simply use the loan against property EMI calculator to determine this.

You benefit even when you carry out a balance transfer to Bajaj Finserv, as you can enjoy better interest rates, as well as a substantial top-up loan without submission of additional documents.

Eligibility criteria and documents required for salaried applicants

Our property loan eligibility criteria are uncomplicated, and you only have to submit a few documents to prove your eligibility when you fill the online application form. Following are the documents required from salaried customers.

  • Nationality

    Nationality

    Resident of India, owning property in the following locations:
    Delhi & NCR, Mumbai & MMR, Chennai, Hyderabad, Bangalore, Pune, Ahmedabad

  • Age

    Age

    25 years to 70 years

  • Employment

    Employment

    Salaried employee of any private, public, or multinational organization

Eligibility criteria and documents required for self-employed applicants

Our property loan eligibility criteria is equally simple for self-employed individuals. Following are the documents required from them. 

  • Nationality

    Nationality

    Resident of India, owning property in the following locations:
    Bangalore, Indore, Nagpur, Vijayawada, Pune, Chennai, Madurai, Surat, Delhi & NCR, Lucknow, Hyderabad, Cochin, Mumbai, Jaipur, Ahmedabad

  • Age

    Age

    25 years to 70 years

  • Employment

    Employment

    Self-employed individual with a consistent income from business

Interest rates and fees

We levy competitive loan against property interest rates and associated charges. Once you know the costs involved, learn how to apply for mortgage loan.

*Conditions apply