Overview of Loan Against Property in Babra

A loan against property is the kind of mortgage loan that helps you to service personal expenses.The amount you can avail of depends on several factors in the case of a LAP. These include your financial, income, employment, and credit profile, and of course, the property in question – its market valuation, which in turn depends on its location and condition.

Bajaj Finserv offers you the best loan against property deals in Babra. Provided that you satisfy our eligibility criteria, expect a speedy approval notice.

Benefits of a loan against property in Babra

Besides getting a sizeable sum, a loan against property assures you of many more benefits. Some of these benefits even ease the burden of repayment.

  • Money in your account within %$$Disbursement-TAT$$%

    Money in your account within 72 hours*

    Most individuals apply for a loan against property because they need urgent funds - be it medical expenses, financing their children’s higher studies, or maybe even fund the down payment on another property. With this in mind, we ensure the process is quick and hassle-free.

    When you apply for a loan against property, you can get the approved amount within 72 hours* of document submission. What’s more, you are also assured of a smooth experience with minimal documentation and doorstep document pickup.

  • Loan amount of %$$LAP-max-loan-amount$$%* and higher

    Loan amount of Rs. 5 Crore** and higher

    While we offer a sizeable loan amount, to make it easier for you to address all your varied financial needs. Our interest rate is competitive, allowing you to apply for your desired amount without having to worry about repayment. What’s more, we approve loan amounts of Rs. 5 Crore** or higher, so long as you qualify.

  • Manage your account online

    Manage your account online

    With the goal of a hassle-free and contact-free experience in mind, we've made it possible for you to manage your loan account with us online. Whether you're at home or in transit, you can still manage your loan account through just a click. Our customer service portal allows you to check your loan repayment schedule, pay overdue EMIs, and download SOAs.

  • Repayment tenor of up to %$$LAP-tenor$$%

    Repayment tenor of up to 18 years

    If you're looking for a property loan provider in Babra willing to offer a long tenor, look no further. At Bajaj Finserv, we understand that you may need time to conveniently repay a loan. To make then process easier, we grant you up to 18 years in terms of tenor. Not sure of what tenor to choose? We offer a loan against property EMI calculator for you to consult while preparing a payment plan. It's quick and easy to use. Click here to try it now.

What makes you eligible for a loan against property in Babra?

When applying, we expect you to satisfy the below requirements.

  • You should be a residing citizen of India
  • You should be aged** between 28 to 58 as a salary earner, or 25 years and 70 years as a professional (doctor or CA) or a self-employed individual
  • The property to serve as collateral should be located in one of the cities we operate in
  • Steady income through either employment at a public/ private sector company or an MNC (provable through salary slips and bank account statements) or through your practice/ business as a self-employed individual (provable through P&L statements, etc.)
  • As a salaried employee, you need a minimum of 3 years of experience, whereas as a self-employed professional/ individual, you need 5 years of experience in the same business (post-qualification, in the case of professionals)

** The upper age limit is considered as age, at the time of loan maturity.

All of the claims in the application will need supporting documents, which include but are not limited to:

  • Proof of identity, such as permanent account number (PAN) card, and Aadhaar Card, among others
  • Proof of address, such as utility bills
  • Property and title documents, such as tax receipts, of the property to be mortgaged
  • Income Tax Returns papers

While the list above is thorough, we may need additional documents. If this becomes necessary, you will hear from us.

Current interest rates and charges for a loan against property in Babra

The foremost consideration for any loan is of course what you will pay as interest alongside the principal amount. Below are the current interest rates:

Loan Against Property Interest Rate (Floating)

Employment Type

Effective ROI (p.a.)


9.85%* to 15.00%*


9.50%* to 18.00%*

For a complete list of loan against property interest rate, please click here.

Contact us for a loan against property in Babra

At Bajaj Finserv, we offer you several financing options, each tailored to your specific needs. In the case of Loan Against Property, you can be assured of a sizeable sum with speedy disbursal as two of the many perks. To apply, fill out our application form and one of our representatives will get in touch with you in 24 hours*.

*Terms and conditions apply