Features and benefits of our loan against property
All you need to know about our Loan Against Property
Watch this video to know everything about our loan against property: Features and benefits, fees and charges, eligibility criteria, and more.
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Loan amount of Rs. 10.50 Crore*
Manage your urgent financial needs with a sizeable loan amount of Rs. 10.50 Crore* sanctioned based on your mortgaged property.
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Low interest rates
Our loan against property comes with affordable interest rates starting from 9% to 14% (Floating rate of Interest) p.a.
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Disbursal in 72 hours*
Get money in your bank account within 72 hours* of the approval, in some cases, even earlier.
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Tenure of up to 15 years*
You can repay your loan amount conveniently with a repayment tenure ranging up to 15 years*.
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Multiple end-use options
With no end-use restrictions, use the loan amount for an emergency or pay for wedding expenses, higher education or business expansion.
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No foreclosure charges
An individual borrower who opts for a floating interest rate can pre-prepay a part or close the entire loan without an additional fee or a penalty.
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Externally benchmarked interest rates
Link your loan to an external benchmark such as the Repo Rate and benefit during favourable market trends.
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*Terms and conditions apply.
A property mortgaged as collateral is used to obtain a loan known as a loan against property (LAP). This asset may be privately owned land, a home, or any other type of commercial property. The asset continues to be held as collateral by the lender until the full amount of the loan against property is repaid. With the Bajaj Finserv Loan Against Property, you enjoy better interest rates, a convenient repayment period, and other perks.
Any individual borrower can easily apply for our loan against property, regardless of whether they are a salaried professional, a self-employed individual, or a doctor. If you are prepared with the necessary paperwork, our application process is quick and simple, and you can submit a loan request in 5 minutes.
Pre-payment and foreclosure options are also available, both of which are free of charge. If you are an individual borrower with a floating interest rate, there are no penalties for paying off your loan early.
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