Loan Against Property in Bangalore

Bangalore, officially Bengaluru, appoints close to 1.5 million employees in its IT sector. It ranks as the 2^nd fastest growing city among the major Indian metropolises. The city is home to several high-net-worth individuals, including 60,000 super rich people and 10,000 millionaires. There are numerous public sector undertakings, research and development centres, IT companies and more in the city. Bangalore’s dynamic lifestyle often calls for financial flexibility. Bajaj Finserv Loan Against Property is designed to cater to your unique goals, from retirement planning to real estate investments. Benefit from reduced EMIs through the Flexi Loan facility and repay at your convenience while keeping your aspirations on track. Get access to large funds with the flexibility to part-prepay your Flexi Loan at no extra cost.

Borrowers can seek additional source of financing to address both planned and unplanned expenses. Bajaj Finserv offers exclusive features like the Flexi loan facility to ensure additional repayment convenience. You can pay off the outstanding principal with a surplus or at the end of the tenor. Reduce EMIs by up to 45%* with the Flexi loan facility. Make sure you have a steady source of income before applying.

Submit the online application form along with minimum documents effortlessly.

With Bajaj Finserv, address your diverse financing needs effortlessly. Meet the easy-to-fulfil eligibility criteria and submit the few documents necessary. Enjoy the fastest application process once you apply online.

Documents Required for Loan Against Property in Bangalore

Salaried Employee

For salaried individuals, the following documents are typically required when applying for a loan against property:

• Proof of Identity: Aadhaar card, PAN card, passport, or driving license.
• Proof of Address: Utility bills, passport, or Aadhaar card.
• Salary Slips: Last 3 months' salary slips.
• Bank Statements: Last 6 months' bank statements.
• Form 16: Income tax form issued by the employer.
• Property Documents: Ownership papers of the property being mortgaged.

Self-Employed

Self-employed individuals will need to submit these documents:

• Proof of Identity & Address: Aadhaar card, PAN card, passport, or utility bills.
• Income Proof: Income tax returns for the last 3 years.
• Bank Statements: Bank account statements for the last 6 months.
• Business Financials: Profit & loss statements, balance sheets, and audited reports.
• Property Documents: Ownership papers of the property.
• Business Proof: Business registration and continuity documents.

Whether it is funding your child’s education, renovating your dream home, or launching a new venture, Bajaj Finserv Loan Against Property offers up to Rs. 10.50 crore* at competitive rates. Your property can be the key to making your aspirations a reality, with flexible tenures and stress-free repayment options. Leverage the power of your property to fulfil multiple financial needs. Get a loan against property with simple application process.

How to apply for loan against property in Bangalore?

Here’s a step-by-step guide to applying for a loan against property with Bajaj Finance:

1. Click the 'APPLY' button on this page.
2. Enter your pin code and click ‘Proceed.’
3. Provide your basic details, including your full name and mobile number.
4. Select the type of loan, along with your net monthly income, area pin code, and the loan amount needed.
5. Generate and enter the OTP to verify your phone number.
6. Fill in additional details like your property location, current EMI or monthly obligations, and your PAN number.
7. Click the ‘SUBMIT’ button.

Popular loan against property in India