Loan Against Property in Alwar

Bajaj Finserv offers property loan in Alwar, among other key cities and towns across the country. The product comes with a plethora of features and benefits that remain common across locations.

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  Interest rate starting at 9.50%* p.a.

  Salaried applicants can avail of a mortgage loan starting as low as 9.50%* p.a. Bajaj Finserv also offers competitive interest rates for self-employed applicants.

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  Loan amount of Rs.5 Cr*

  Eligible applicants can avail of a high quantum of funding to the tune of Rs.5 Cr*, or even higher. The exact offer extended to you varies as per your employment, income, and credit profile, as well as the location, condition, and market value of the property in question.

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  Quick processing and disbursal in 72 hours*

  To ensure accessibility to sizeable funds in times of urgent requirements, Bajaj Finserv offers quick processing and approval. Once you submit all supporting documents, we disburse the loan amount within 72 hours*

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  Repayment tenor of up to 18 years

  One of the biggest advantages of a LAP is the long repayment tenor. You can choose to repay the loan over up to 18 years, which allows you ample time to repay the sum comfortably.

Both salaried and self-employed applicants can avail of a LAP. Bajaj Finserv has minimal eligibility criteria to ensure accessibility for all. Listed below are our key eligibility criteria.

• Applicants must be Indian citizens (residents)
• Salaried applicants must be employed with a public or private organisation, or a multinational
• Self-employed applicants must be engaged in the same business for the last 5 years
• Both must be able to showcase steady income
• Salaried applicants must be between 23 and 62 years of age, whereas self-employed applicants must be between 25 and 70 years of age (Here, 62 and 70 years are counted as the applicant’s age at the time of loan maturity)
• The property to be mortgaged should be located in one of the cities that we operate in; moreover, it must have a clear legal title with no ownership dispute

You will need to submit supporting documents for all of these claims. Some of the common documents include:

• Salary slips (3 months)/P&L statements, bank account statement (6 months), ITRs (2 years)
• Aadhaar Card, PAN Card, Driving License, etc.
• Property’s title deed, property tax receipts, etc.

Bajaj Finserv offers competitive interest rates for LAP, which remain standard across locations but can vary as per your profile and property.

• The floating interest rate for salaried applicants starts from 9.50%* p.a.
• The floating interest rate for self-employed applicants starts from 9.15% p.a.

Other charges applicable on a LAP are also nominal.

• 0.25% to 7% processing fee
• NIL foreclosure and prepayment charges for individuals with a floating interest rate
• NIL loan and interest and principal statement charges

For a complete list of our interest rates and fees and charges, click here.