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Loan Against Property in Mysore: Overview

From being announced the Cleanest City of India in 2015 and 2016 to being known for its royal heritage, Mysore has always been one of the most popular centers of attraction in South India. It is located at the foothills of the Chamundi Hills at the height of 1000 meters. Its unique heritage places, attractive museums, galleries and the Dasara festival attracts lakhs of people from all over the world who visit this beautiful hub of historical places every year. The unparalleled Mysore Palace is known as the most famous tourist attraction in Karnataka.

The city is also popular for its quality sweets, sandalwood and Silk, industries that employ thousands of people in Mysore city. Other popular products made in Mysore include Mysore Sandal Soap, Mysore Pak Sweet, Mysore Silk Sarees, Mysore Peta, and the list goes on and on. 

If you are living in Mysore and are thinking of starting a new business in the city, want funds to settle down your long due credit, or want to fulfill any family needs, or emergencies, opting for a loan against property in Mysore is a good idea. From a flexible loan tenor, lower interest rates, zero hidden charges to the fast turnaround time, Bajaj Finserv always offers more than our customers expect. Choose Bajaj Finserv as your mortgage loan partner and reap the benefits of being associated with one of India’s most celebrated Housing Finance Companies.
 

Bajaj Finserv Loan Against Property in Mysore: Features and Benefits

Before you make an application for a loan against property, go through the below list to see what you stand to gain from this loan type.

  • Minimal Documentation 

    Sizeable Loan Sanctions

    Enjoy high value loan amounts against your property from Bajaj Finserv, worth Rs.5 Crore and even more to address all your expenses without any caps. This is extended with eligible candidates who meet our basic eligibility criteria.

  • Competitive interest rate

    Affordable Interest Rates

    Bajaj Finserv’s Loans Against Property offering lets you enjoy mortgage loans at affordable interest rates, that translate to lower EMIs and lower cash outflow. Our rates are competitive and give you the best possible lending terms, basis eligibility.

  • Flexible Tenors

    Convenient Repayment Tenor

    We also give you the freedom to choose a long repayment tenor to make the most out of your loan amount, extending up to 18 years. Opt for a loan tenor that aligns with your financial goals and use our online Loan Against Property Calculator for a tentative EMI forecast to give you an idea of what your future repayment schedule could look like.

  •  Loan of Rs.5 Crores or More

    Loans of Rs. 5 Cr* and higher

    In addition to such attractive loan attributes, we’ve made getting the loan approval easy as well. Bajaj Finserv demands very little in terms of documentation, apart from the mandatory requirements, making it easy for you to meet them and sail through the approval process.

  • Customised Repayment Options

    Customised Repayment Options

    If you meet our basic eligibility criteria, no matter what your requirement is – we have a loan for you. Enjoy customised repayment options from Bajaj Finserv, to meet your borrowing requirements, without the pressure of unachievable repayment plans. This allows you to repay your loan in a way that is comfortable to you and aligns with your other monetary obligations.

  • Fastest Turnaround Time

    Speedy Disbursal

    Bajaj Finserv offers a fast turnaround time on your loan promising to disburse your loan amount in just 72 hours*, to the eligible applicants. This eliminates long wait times for fund disbursals and allows you to dip into your sanction amount to utilise it, right away.

  • Hassle-free Balance Transfer Facility

    Balance Transfer and Top-up Loan

    Those who are servicing their mortgage loans with other lenders and would like to transfer the balance to us, enjoy better lending terms, including a reduced rate of interest and EMI pay-outs. You can even refinance your loan, with a sizeable top-up loan of Rs.1 Crore, to ensure there is no crunch in funds for you.

  • Honest Policies

    Honest Policies

    We pride ourselves on our honest policies and transparency and we deliver what we promise. We levy no hidden charges and costs and applicants will be notified of all their payables upfront.

  • Contact-free loans

    One Loan, Many Possibilities

    The loan against property feature works like personal loan, but with far more affordable lending rates. Unlike a home loan, there is no restriction on how you use the funds sanctioned to you, against your property – which means that the end use of the loan is completely up to you. One can use it to meet wedding expenses, educational expenses, or even to consolidate their debt.

How to Apply for Loan Against Property in Mysore with Bajaj Finserv?

Applying for a loan against property in Mysore with Bajaj Finserv is simple and easy. All you have to do is fill a form and upload your documents** online. Here is a step by step guide on how to apply for a loan against property in Mysore:

  • Open Bajaj Finserv’s website and click on the "Loan Against Property." section. Here, you will find the online application form. Fill the application form with all the required personal and basic information.
  • You will then be asked to submit your income details and proof. Provide all the necessary information and documents.
  • Now click on "Submit". After receiving your application, we will thoroughly check all the information provided by you and give you a reply within 24 hours*.
  • Our expert will connect with you within 24 hours* and give you all the information about the loan against property offer. Also, our team will ask for all the required documents and will give you the timeframe to submit these documents.

Once you have submitted all the required documents, we will process your loan with 72 hours*of document submission.

List of Documents Required:

  • Bank account statement of last three months
  • PAN Card/Adhaar Card
  • Address Proof
  • Copy of the documents of the property to be mortgaged
  • IT returns

**Our team or representative might ask for more documents according to the customer's profile and eligibility criteria.

Getting Loan Against Property in Mysore is Now Hassle-Free

So, get the best and most beneficial loan against property in Mysore with the lowest interest rate and sign yourself up for a stress-free borrowing journey.

Connect with our expert team at 1800-103-3535 or visit our website today. 

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