3 min
12 May 2025
When it comes to securing funds, a Loan against property is one of the most versatile and reliable financing options available. In Kerala, this loan type is gaining popularity as it enables individuals to leverage the value of their property to address financial needs. Whether for business expansion, education, medical emergencies, or other purposes, a loan against property provides flexibility and financial ease. This article explores what a Loan against property entails, its benefits, and how to avail it in Kerala.
Using your property as collateral allows you to secure a loan amount much higher than typical personal loans. This can be transformative in achieving major financial goals, like funding your child’s overseas education or scaling your business. A loan against property not only unlocks the value of your asset but also offers lower interest rates, ensuring greater savings. Check out your eligibility in just 2 steps!
Flexible tenure: Borrowers have the option of longer repayment tenures, making monthly EMIs manageable.
High loan amount: The loan amount is higher, determined by the property’s value and borrower eligibility.
Versatile usage: The loan can be used for various purposes, including education, medical needs, or personal goals.
Quick processing: Reputed lenders ensure a streamlined application process and faster disbursal of funds.
Planning for a lavish or looking to fund higher education? A loan against property offers the perfect solution for immediate financial support. This flexible option allows you to preserve your long-term savings and investments while meeting your financial needs. Check your loan offer in just 2 clicks!
Nationality: You must be an Indian citizen residing in India with property in a city we operate in.
Age:Minimum age: 25 years (18 years for non-financial property owners)
Maximum age: 85 years (including non-financial property owners)
*Age of the individual applicant/ co-applicant at the time of loan maturity.
*Higher age of co-applicant may be considered up to 95 years basis 2nd generation (legal heir) meeting age norms and to be taken as co-applicant on loan structure.
CIBIL Score: A CIBIL Score of 700 or higher is ideal to get an approved loan
against property.
Occupation: Salaried, self-employed professionals like doctors, and self-employed non-professionals are eligible to apply.
Curious about how your credit score impacts your loan eligibility? A healthy credit score not only increases your chances of approval but can also help you secure a higher loan amount with more favorable terms. Reviewing your credit report before applying ensures you make the most of your loan against property. This secured loan lets you access substantial funds while retaining ownership of your property—perfect for business growth, education, medical needs, or consolidating debt. With competitive interest rates and flexible repayment options, a loan against property is a smart way to unlock your property's value. Check your eligibility instantly!
If your current address is not the same as the OVD document provided, please share any of the listed DOVD documents.Click here to view the documents.
Proof of income
Property-related documents
Proof of business (for self-employed applicants), and
Account statements for the last 6 months
Keeping all your property-related documents in order not only speeds up the loan against property approval process but also strengthens your application. A well-organised application can lead to faster disbursal, allowing you to access funds without unnecessary delays. Check your loan against property eligibility in just 2 steps.
Assess the market value of your property to determine the loan amount you may qualify for.
Step 2: Check your eligibility
Review the lender’s eligibility criteria, including income, age, credit score, and property ownership.
Step 3: Submit your application
Visit the lender’s branch or website to submit your loan application along with the required documents.
Step 4: Verification process
The lender verifies your application details, credit score, and property documents. A physical inspection of the property may also be conducted.
Step 5: Loan disbursal
After successful verification, the loan amount is promptly disbursed, enabling you to address your financial needs.
Key benefits of Bajaj Finserv Loan Against Property
Competitive interest rates:Enjoy affordable borrowing with attractive interest rates.
Quick approvals and disbursals:Get access to funds promptly to address urgent financial needs.
Simple eligibility criteria:Our hassle-free process ensures you can qualify for a loan easily.
Did you know?With Bajaj Finance, you can avail of a loan against property at low-interest rates. Check your loan offer in just 2 clicks and unlock the potential of your property today!
What is a loan against property?
A loan against property is a secured loan in which you pledge your residential or commercial property as collateral. It is an excellent financing solution for property owners requiring significant funds. The loan amount is based on the property's market value and the lender’s eligibility criteria, offering high-value loans with lower interest rates compared to unsecured loans.Using your property as collateral allows you to secure a loan amount much higher than typical personal loans. This can be transformative in achieving major financial goals, like funding your child’s overseas education or scaling your business. A loan against property not only unlocks the value of your asset but also offers lower interest rates, ensuring greater savings. Check out your eligibility in just 2 steps!
Benefits of loan against property in Kerala
Lower interest rates: Being a secured loan, it offers interest rates lower than those of unsecured loans such as personal loans.Flexible tenure: Borrowers have the option of longer repayment tenures, making monthly EMIs manageable.
High loan amount: The loan amount is higher, determined by the property’s value and borrower eligibility.
Versatile usage: The loan can be used for various purposes, including education, medical needs, or personal goals.
Quick processing: Reputed lenders ensure a streamlined application process and faster disbursal of funds.
Planning for a lavish or looking to fund higher education? A loan against property offers the perfect solution for immediate financial support. This flexible option allows you to preserve your long-term savings and investments while meeting your financial needs. Check your loan offer in just 2 clicks!
Eligibility criteria to apply for loan against property in Kerala
To qualify for a Loan against property in Kerala, you need to meet the following criteria:Nationality: You must be an Indian citizen residing in India with property in a city we operate in.
Age:Minimum age: 25 years (18 years for non-financial property owners)
Maximum age: 85 years (including non-financial property owners)
*Age of the individual applicant/ co-applicant at the time of loan maturity.
*Higher age of co-applicant may be considered up to 95 years basis 2nd generation (legal heir) meeting age norms and to be taken as co-applicant on loan structure.
CIBIL Score: A CIBIL Score of 700 or higher is ideal to get an approved loan
against property.
Occupation: Salaried, self-employed professionals like doctors, and self-employed non-professionals are eligible to apply.
Curious about how your credit score impacts your loan eligibility? A healthy credit score not only increases your chances of approval but can also help you secure a higher loan amount with more favorable terms. Reviewing your credit report before applying ensures you make the most of your loan against property. This secured loan lets you access substantial funds while retaining ownership of your property—perfect for business growth, education, medical needs, or consolidating debt. With competitive interest rates and flexible repayment options, a loan against property is a smart way to unlock your property's value. Check your eligibility instantly!
Documents required for loan against property in Kerala
Proof of identity/ residence-Aadhaar/ passport/ voter’s ID/ driving license/ letter from NPR/ NREGA job cardIf your current address is not the same as the OVD document provided, please share any of the listed DOVD documents.Click here to view the documents.
Proof of income
Property-related documents
Proof of business (for self-employed applicants), and
Account statements for the last 6 months
Keeping all your property-related documents in order not only speeds up the loan against property approval process but also strengthens your application. A well-organised application can lead to faster disbursal, allowing you to access funds without unnecessary delays. Check your loan against property eligibility in just 2 steps.
How to apply for a loan against property in Kerala?
Step 1: Evaluate your propertyAssess the market value of your property to determine the loan amount you may qualify for.
Step 2: Check your eligibility
Review the lender’s eligibility criteria, including income, age, credit score, and property ownership.
Step 3: Submit your application
Visit the lender’s branch or website to submit your loan application along with the required documents.
Step 4: Verification process
The lender verifies your application details, credit score, and property documents. A physical inspection of the property may also be conducted.
Step 5: Loan disbursal
After successful verification, the loan amount is promptly disbursed, enabling you to address your financial needs.
Unlock the financial power of your property with Bajaj Finserv Loan Against Property
Whether you own a residential or commercial property, Bajaj Finserv Loan Against Property enables you to tap into the value of your real estate to meet various financial needs, such as business expansion, wedding expenses, education funding, or medical emergencies. Benefit from competitive interest rates, flexible repayment options, fast approvals, and simple eligibility criteria with Bajaj Finserv.Key benefits of Bajaj Finserv Loan Against Property
Competitive interest rates:Enjoy affordable borrowing with attractive interest rates.
Quick approvals and disbursals:Get access to funds promptly to address urgent financial needs.
Simple eligibility criteria:Our hassle-free process ensures you can qualify for a loan easily.
Did you know?With Bajaj Finance, you can avail of a loan against property at low-interest rates. Check your loan offer in just 2 clicks and unlock the potential of your property today!
