Loan Against Property in Kota

If you desire to purchase a new house or strengthen your business and don’t know how to do it, then this article is for you. New and existing customers of Bajaj Finserv can now access our redesigned loan against property and pay less on their desired loan amount.

A loan against property enables you to make payments on high-value expenses, whether for business or personal reasons. We do not set a limit on what you can use the money for and we offer quick responses to all loan applications. You can also close the loan early through the prepayment option.

This article will explain how you can benefit from a loan against property in Kota. Let’s proceed.

Features of Loan Against Property in Kota 

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  Access Big Ticket Loans

  We offer loans worth Rs.5 crores or even more, basis eligibility, to new and existing customers. You can even get more money, but this depends on your eligibility status. To get accurate information about your eligibility status, please use our loan against property eligibility calculator.

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  Swift Disbursal

  Just as we assure you of minimal documentation, doorstep service, and simplified eligibility criteria, we also promise to pay your desired amount within 72 hours* of you submitting the required documents. 

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  Adaptable Repayment Tenor

  With a repayment tenor of up to 18 years, you can avail yourself of a loan against property. We also offer a prepayment facility allowing you to close the loan early without being charged.

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  Availability of Balance Transfer

  You can now easily transfer your existing loan balance from one lender to us. Take advantage of our modest requirements to enjoy a sizable top-up loan. 

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  Flexi Dropline

  With this feature, you can borrow whenever you want and pay interest on only the amount used. This enables you to organize your finances while making payments on interest-only Equated Monthly Instalments (EMIs). 

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  Virtual Account Management

  Instead of visiting our branch office, you can perform operations on your account from home. Simply log in and review your loan details at any time.

• Applicants must be Indian citizens living in India
• Applicants must be salary earners or professionals 
• Applicants must have up to 3 years of work experience 
• Applicants need to have a credit score of 725 upward
• If you are a salaried applicant, you must belong in the age range of 28 and 60 years Professionals need to be aged between 25 and 70 years

• Salary slips from 3 months ago 
• Bank account statements from 3 months ago
• Proof of identity like a Permanent Account Number (PAN)
• Proof of address
• A copy of the property documents
• Income Tax Returns

When you apply for a loan against property from us, we charge interest rates starting at 9.50%* p.a. as loan against property interest rate for any amount. This applies to salaried and professional applicants. The loan to value ratio (LTV) is currently at 75%, and the processing fees are reliant on the loan amount.