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.
Loan amount of up to Rs. 10.50 Crore*
Avail of a loan amount of up to Rs. 10.50 Crore* manage your urgent financial needs. The sanctioned amount will depend on factors like the value of your property.
Low interest rates
Self-employed borrowers can avail of low interest rates starting from 8% to 14% (Floating rate of Interest) p.a.
Loan disbursal in 72 hours*
Your loan amount will be credited to your bank account within 72 hours* of the approval.
Tenure of up to 15 years
Our convenient repayment tenure of up to 15 years makes it easy to manage your loan.
Multiple end-use options
With no end-use restrictions, you can use the loan amount for a wedding, higher education, business expansion or even for a medical emergency.
No foreclosure fee*
If all borrowers and co-borrowers are individuals, loan availed on floating interest rates, and loan taken for purposes other than business use, then there will be no foreclosure/ part-prepayment charges.
Externally benchmarked interest rates
You can opt for an interest rate linked to an external benchmark, such as the Repo Rate. Benefit during favourable market conditions.
*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 the property is repaid. With the Bajaj Finserv Loan Against Property, you can avail of better interest rates, a convenient repayment period, and other perks.
Any self-employed individual can easily apply for our loan against property. If you are prepared with the necessary paperwork, our application process is quick and simple, and you can submit a loan request in just 5 minutes.
Pre-payment and foreclosure options are also available, both of which are free of charge. If you are a self-employed individual borrower with a floating interest rate, there are no penalties for paying off your loan early
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