Do you need a guarantor for a loan against property?

2 min read

A guarantor is not mandatory to avail a mortgage loan from Bajaj Finserv. You can successfully get a loan against property without a guarantor by mortgaging one of the following immovable properties:

  • Self-occupied residential property
  • A rented residential or commercial property
  • Vacant commercial or residential property
  • Property shared with other co-owners

Also Read: How to get education loan on property

Loan against property eligibility criteria

The following details are required to avail a property loan.

  • Applicant’s age
  • Source of income
  • Current market value of the property
  • Existing obligations in the form of loans and credits from financial institutions
  • Employment/ business status and stability
  • Track record of availing credit over the years

Bajaj Finserv also offers mortgage loan interest rates and convenient tenors for loans against property. Check our easy-to-meet mortgage loan eligibility criteria and documentation requirements to apply successfully. Apply for this loan online, submit the necessary documents and receive hassle-free disbursal within 72 hours** of approval.

Also Read: Tax benefits on loan against property

*Conditions apply

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