Features and benefits of Rs. 40 lakh loan against property

To find more about the features and benefits of a loan against property, read on.

  • Reasonable rate of interest

    Reasonable rate of interest

    Bajaj Finserv offers reasonable interest rates on loans against property to applicants interested in big-ticket purchases.

  • Use funds as you please

    Use funds as you please

    Bajaj Finserv does not restrict how you use the loan, making it ideal for personal and professional needs.

  • High-funding sanction amount

    High-funding sanction amount

    Bajaj Finserv provides loan amount of up to Rs. 10.50 crore* to eligible candidates, to boost your home buying journeys.

  • Digital monitoring and minimal documents

    Digital monitoring and minimal documents

    Now keep a close eye on all your loan developments and EMI schedules through the Bajaj Finserv online platform – Experia.

  • Flexible tenor

    Flexible tenor

    A long mortgage repayment tenor of up to 15 years allows you to repay the loan at your convenience, without financial strain.

  • Prepay conveniently

    Prepay conveniently

    Part-prepay or foreclose your loan at any time to lower your outgo, while incurring nil or nominal charges.

  • Unique Flexi facility

    Unique Flexi facility

    Part-prepay or withdraw from your mortgage loan without any extra charge. Pay only interest as EMIs for the initial tenor.

Loan against property up to 40 lakhs

Bajaj Finserv brings 40 Lakh loan to help you meet your expenses that require hefty investment without reducing your financing cushioning provided by your savings. Avail the credit to meet several expenses of varied nature, both personal and professional, and ease the stress on your income. Repay in easy installments and enjoy financial freedom.

The Bajaj Finserv Loan Against Property up to Rs. 40 lakhs is an ideal way to get needed funds. You can increase the sanction and borrow of Rs. 10.50 crore*, or higher, basis eligibility if you pledge property of higher value. The application process is straightforward, especially because of the unique doorstep document collection feature that allows you to apply for the loan from the comfort of your home.

The approval process is swift, and you receive the money in your account within 72 hours* of approval. You can utilize funds as you see fit and repay the loan over a long tenor of up to 15 years. To plan this better, you can make use of the loan against property EMI calculator.

Loan against property interest rate, fees, and charges

There are nominal processing fees and charges associated with a Bajaj Finserv loan against property interest rate. Know these in detail before applying.

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LAP up to 40 lakhs

We have uncomplicated property loan eligibility criteria, thereby making the application process straightforward.

  • Nationality


    Resident of India, owning property in the following locations:
    Delhi & NCR, Mumbai & MMR, Chennai, Hyderabad, Bangalore, Pune, Ahmedabad (for salaried employees) or Bangalore, Indore, Nagpur, Vijayawada, Pune, Chennai, Madurai, Surat, Delhi & NCR, Lucknow, Hyderabad, Cochin, Mumbai, Jaipur, Ahmedabad (for self-employed individuals)

  • Age


    Minimum age: 25 years* (18 years for non-financial property owners)
    Maximum age: 85 years* (including non-financial property owners)
    *Age of the individual applicant/ co-applicant at the time of loan maturity
    *Higher age of co-applicant may be considered up to 95 years basis 2nd generation (legal heir) meeting age norms and to be taken as co-applicant on loan structure

  • Employment


    Salaried employee of any private, public or multinational organization or self-employed individual with a consistent income from business

How to apply for a loan against property up to Rs. 40 lakhs

Get a loan against property by Bajaj Finserv by following this quick guide.

  1. 1 Start the process by filling an online application form
  2. 2 Provide your personal and property data
  3. 3 Share income details to unlock the best offers

Once you submit these details, our associate will call and guide you through the next steps.

*Conditions apply

Loan against property EMIs for loans of Rs. 40 lakh

Here are a few tables to offer insight into the EMIs payable for different conditions. You can also use our loan against property EMI calculator to calculate EMIs for different loan amounts with different tenures.

Condition 1: When the tenure varies for a loan amount of Rs. 40 lakhs availed at an interest rate of 8%* p.a.

Loan Amount

Interest Rate



Rs. 40 lakh

8%* p.a

5 years

Rs. 81,106

Rs. 40 lakh

8%* p.a

10 years

Rs. 48,531

Rs. 40 lakh

8%* p.a

15 years

Rs. 38,226

Rs. 40 lakh

8%* p.a

20 years

Rs. 33,458

Rs. 40 lakh

8%* p.a

25 years

Rs. 30,873

Rs. 40 lakh

8%* p.a

30 years

Rs. 29,351

Loan against property EMI based on amount

Frequently asked questions

What is the maximum loan available in loan against property?

You can avail of a loan of Rs. 10.50 crore* when you apply for loan against property. You can also check your EMIs by using the loan against property EMI calculator. You just need to enter your loan amount, tenure, and interest rate to get the estimated value of your EMIs.

What is the maximum tenure of a loan against property?

When you apply for a loan against property, the maximum repayment tenure offered is up to 15 years.

How to get a Rs. 40 lakh loan against property immediately?

You can easily apply for a quick loan against property from Bajaj Finance by following the steps mentioned below:

  1. Click the 'APPLY' button on this page.
  2. Enter your pin code and click Proceed.
  3. Provide basic details such as your full name and mobile number.
  4. Choose the type of loan, your net monthly income, area pin code, and desired loan amount.
  5. Generate and submit your OTP for phone number verification.
  6. Enter additional information like property location, current EMI amount, and PAN number.
  7. Click the ‘SUBMIT’ button.

Our representative will contact you to assist with further steps.

What is the monthly EMI for Rs. 40 lakh loan against property

The monthly EMI for a Rs. 40 lakh loan against property varies based on interest rate and tenure. Assuming a 8% interest rate for a 15-year tenure, the EMI could be approximately Rs. 38,226.