Loan Against Property: Features and Benefits
Mortgaging existing property is a great way to get a loan at low interest rates to meet your current financial needs without actually selling off the same.
Line of credit/Flexi Loan
- Flexibility to transact (prepay and drawdown) in your loan account as per your cash flow requirements.
- Line of Credit is a facility where you are given a “credit line” and during the term of the facility. Maximize savings by paying interest only on the utilized amount.
- The monthly installment for Line of Credit will consist only of the interest amount and will not have a principal component on a monthly basis.
- No limit to the number of pre-payments that can be made in a day
- The principal amount of loan is to be repaid at the end of the tenure of the facility. To read more click here
We have a range of products to cover your varied needs. You can avail of our Loan Against Property for any of the following:
- Loan Against commercial property
- Loan Against residential property
- Loan for purchase of commercial property
- Line of Credit loan
- Lease, Rental & Discounting
Get preapproved offers with minimal documentation and quick processing at your doorstep. These offers may include a top-up loan or even reduction of rates from time to time.
Property Search Services
Searching for the perfect property is a task that requires proper guidance, at each step. We want to ensure that you get the best possible assistance right from search of the property to purchase of the property. Click here for more details
Hustle free loan disbursal process with minimal documentation. Your requirements would be completed in a within 72 hours.
Customized Insurance schemes
Customer can avail insurance cover on the loan availed by Bajaj Finance against payment of one time premium. This premium payment can be funded as part of loan amount to ease burden on customer.
Online account access
You need a kind of information resource or a tracker that you can access any time anywhere. Loan Against Property digital customer portal – is that tool. Once you’ve availed a Loan Against Property from Bajaj Finserv, you can get all information about your loan like payment schedule, interest certificate, repayment track and key information related to your loans through our Loan Against Property digital customer portal-Experia.