How to use mortgage loan for business for self-employed

2 min read

Business owners can use a mortgage loan for self-employed applicants to fund a range of professional operations. Bajaj Finserv offers different types of mortgage loans, also known as a loan against property for self-employed borrowers, with high loan amounts and a lengthy tenor of up to 18 years.

Uses of a mortgage loan for business activities

Below illustrated are the ways in which you can utilise your mortgage loan into business activities.

  • Expanding business
    Use the ample funds from a loan against property to set up a new office, branch into a new location, add to your fleet or warehouse space and more.
  • Renovating office space
    Update your workspace, be it with new furniture and fixtures, redesigned interiors, or upgraded employee workstations with the Bajaj Finserv home renovation loan.
  • Installing advanced equipment and machinery
    Boost business efficiency in today’s competitive market with state-of-the-art machines, software, and IT services. Our affordable mortgage loan rates and flexible tenor allow you to repay conveniently.
  • Recruiting qualified personnel
    Increase business productivity or fuel expansion by hiring qualified staff. You can easily finance recruitment with the Bajaj Finserv Mortgage Loan.
  • Financing working capital
    Meet your urgent capital needs and maintain optimum cash flow by meeting our simple mortgage loan eligibility criteria and minimal requirements of documentation.
  • Stocking up inventory
    Raw materials, spare parts and stock are integral for business success, and you can ensure you have them in good supply using funds from this loan.
  • Investing in marketing and advertisement
    Use a mortgage loan to improve your bottom line by financing your online and offline marketing campaigns.

With so many ways to increase business revenue, a mortgage loan can be a gamechanger for your enterprise. To get started, fill up the online application form after meeting the eligibility parameters and get the funds in your bank account within just 72 hours** from approval.

*Conditions apply

Also Read: What is loan to value in mortgage loan

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