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Why Is Bajaj Finserv’s Loan Against Property The Best?

  • Highlights

  • Avail a big-ticket loan on pledging your property

  • Use the loan to meet personal and professional needs

  • Repay conveniently over a long, flexible tenor

  • Save more by opting for the Balance Transfer feature

Real estate does not only serve as an asset, but also acts as a means to avail high-value loans. For instance, when you pledge your residential or commercial property with an issuer to avail a loan against property, you can unleash around 60% to 80% of its market value to fund a variety of personal and business financial needs. Since this is a secured loan, the interest rates are usually lower as compared to unsecured loans. Owing to all these features, the loan against property market in India is increasing, and is currently at Rs.2.5 lakh crore.

Since your property is pledged as a mortgage, this loan is also called a property loan or a mortgage loan. When scouting for best mortgage loans in India, consider applying for a Bajaj Finserv Loan Against Property to enjoy a range of features. Take note of the same.

Unleash High-Value Loans To Meet Big Expenses

When you opt for a loan against property, Bajaj Finserv offers a high-value sanction of up to Rs.5 crore. The competitive Bajaj Finserv Loan Against Property interest rates make it highly feasible and convincement in terms of repayment. This way both borrowing and repaying are easy on your mind and pocket too!

Experience Swift Approval On A Hassle-Free Application

Bajaj Finserv has simple loan against property eligibility criteria that make it easy for you to qualify for the loan. You just need to be an employed Indian citizen between the age of 33 to 58 years working in one of these cities. Once eligible, submit the minimal loan against property documents required via a doorstep pick-up service to enjoy a hassle-free approval and disbursal.

Repay The Mortgage Loan Conveniently Within A Flexible Tenor

Depending on whether you are a salaried individual or self-employed, you can select a flexible tenor up to 18 or 20 years. With such a long tenor, you can pay affordable EMIs that help you get debt-free soon and without weighing down on your finances. You can also make part-prepayments or prepayments at no extra cost when you choose a floating rate of interest or a Flexi Loan.

Home Loan under PMAY yojana | Bajaj Finserv

Save Interest Payments By Choosing Flexi Loan Feature

With the Flexi facility, you can borrow from your sanction multiple times as and when a need arises and pay interest only on the utilised amount. Further, you can opt to pay interest-only EMIs for up to four years to manage your cash flow better.

Get Out Of Debt With Loan against Property Balance Transfer Facility

If you have an existing high-interest loan against property and wish to reduce your expenses, you can transfer it to Bajaj Finserv Mortgage Loan. With the affordable interest rates, you’re sure to clear debt without any financial hassles. With only minimal loan against property documents required and speedy processing, you can transfer your loan speedily and avail benefits soon after!

Additional Read: Gold Loan Vs. Loan Against Property - What Is the Difference?

To make the most of this financial tool, check your pre-approved offer and view your tailor-made deal with stress-free approval online.

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