Loan against property and its features

A loan against property from Bajaj Finserv gives wings to your dreams – be it financing your child’s education, managing wedding expenses, starting, and establishing your business and addressing other big-ticket spending. Make the most of the Bajaj Finserv Loan Against Property by customising it to fit your financial needs. Here are the features of this instrument.

  • Money in account in 72* hours

    Money in account in 72* hours

    No more long waits for loan sanctions with Bajaj Finserv. Find your loan amount in your bank account in just 72* hours from approval.

  • Attractive interest rate

    Attractive interest rate

    Starting from 9.10%, Bajaj Finserv offers applicants an affordable funding options that leaves their savings untouched.

  • Big value funding

    Big value funding

    Bajaj Finserv provides loan amounts as much as Rs. 5 Crore* and even more to eligible candidates to boost your spending desires.

  • Digital monitoring

    Digital monitoring

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

  • Low contact loans

    Low contact loans

    Experience a truly remote loan application from anywhere in India by applying online and getting an easy approval.

  • Convenient tenor

    Convenient tenor

    The Bajaj Finserv Loan Against Property tenor stretches up to 18 years allowing borrowers a buffer period to plan out their EMI payments, and service their debt with ease.

  • No prepayment and foreclosure charge

    No prepayment and foreclosure charge

    Bajaj Finserv allows you to foreclose the loan or make part-prepayments at no extra costs or prepayment penalty – making way for maximum savings.

  • Easy balance transfer with top-up loan

    Easy balance transfer with top-up loan

    Transfer your existing loan to Bajaj Finserv as part of our loan against property balance transfer facility and avail a top-up loan without additional documentation.

LAP up to 60 lakh

A Bajaj Finserv Loan Against Property offers financing up to Rs. 60 lakh. For a higher loan amount of Rs. 5 Crore, or higher, basis eligibility, be sure to pledge a property that has a greater value. The beauty of this loan is that it is easy to qualify for and you get the money in your bank within 72 hours*.

The mortgage loan does not specify how you can use funds, making it extremely versatile. You can also club this with the Flexi facility for added ease. Here you can borrow from your sanction as and when you need to, and pay interest only on what you borrow. You can part-prepay multiple times and also choose to pay with interest-only EMIs for the initial part of the tenor. While this makes loan repayment much more cost-effective, do use our loan against property EMI calculator to calculate EMIs in advance.

Loan Against Property Documents and eligibility criteria for salaried applicants

With only a few mortgage documents required, Bajaj Finserv makes loan application easy.

  • Bank account statements of the previous 3 month
  • PAN card/ Form 60 of all applicants
  • ID proof
  • Address proof
  • Document of the property to be mortgaged
  • IT returns
  • Title documents
  • Latest salary slips

Loan Against Property Documents and eligibility criteria for self employed applicants

  • Primary bank account statements of the previous 6 months
  • PAN card/ Form 60 of all applicants
  • Address proof
  • ID proof
  • Income documents like ITR/ financial statements, etc.
  • Documents of the property to be mortgaged
  • Title documents

**Please note that this list of documents is indicative. You may be asked to submit additional documents during the loan application process.

Interest rate and fees for loan against property up to Rs. 60 lakh

We charge competitive loan against property interest rates so that you can borrow affordably.

Apply for a loan against property by filling an online form.