Bajaj Finserv in your city

Mumbai is India’s financial capital and the capital city of Maharashtra. A centre for industries, trade, and media, it is home to the Elephanta Caves, the Victorian and Art Deco buildings and other tourist attractions.

If you are looking to avail loan against property in Mumbai, approach Bajaj Finserv for easy to meet terms. We have a branch here.

Visit our branch or complete the application process online easily.

Features and benefits

Applicants interested in availing a loan in Mumbai can read more to know about the features of the Bajaj Finserv Loan Against Property.

  • Attractive interest rate

    Attractive interest rate

    Starting from 8% to 14% per annum, Bajaj Finserv offers applicants an affordable funding options that leaves their savings untouched.

  • Money in account in 72* hours

    Money in account in 72* hours

    No more long waits for loan sanctions with Bajaj Finserv. Find your loan amount in your bank account in just 72* hours from approval.

  • Higher loan amount

    Higher loan amount

    Bajaj Finserv provides loan amount up to Rs. 10.50 crore* to eligible candidates to boost your spending desires.

  • Digital monitoring

    Digital monitoring

    Now keep a close eye on all your loan developments and EMI schedules through My Account – the Bajaj Finserv online platform.

  • Convenient tenor

    Convenient tenor

    The Bajaj Finserv Loan Against Property tenor stretches up to 15 years allowing borrowers a buffer period to plan out their EMI payments, and service their debt with ease.

  • Low contact loans

    Low contact loans

    Experience a truly remote loan application from anywhere in India by applying online and getting an easy approval.

  • No prepayment and foreclosure charge

    No prepayment and foreclosure charge

    If all borrowers and co-borrowers are individuals, loan availed on floating interest rates, and loan taken for purposes other than business use, then there will be no foreclosure/ part-prepayment charges. However, apart from above situation part pre-payment charges are applicable for term Loan up to 4.72% (inclusive of applicable taxes) of the principal amount of loan prepaid on the date of such part-prepayment. Part pre-payment charges are not applicable for Flexi Term Loan (Flexi Dropline) and Hybrid Flexi.

  • Easy balance transfer with top-up loan

    Easy balance transfer with top-up loan

    Transfer your existing loan to Bajaj Finserv as part of our loan against property balance transfer facility and avail a top-up loan without additional documentation.

The city of Mumbai has a diversified economy with a strong presence of commercial, financial, entertainment, tourism, business and other sectors. The Marathi and Bollywood film industries are also based out of here. Owing to its exclusive opportunities, Mumbai attracts several migrants from across the country. It houses a significant population of semi-skilled and unskilled self-employed individuals. Besides, a large percentage of its workforce comprises central and state government employees.

With Bajaj Finserv, you can now meet your changing lifestyle needs or monetary shortage using funds up to Rs. 10.50 crore* We take only up to 72 hours* to process a loan application. Choose a suitable repayment schedule that best matches your financial standing. If you have excess funds, you can also opt for part-prepayment at nominal rates. Read our transparent terms and conditions to know more.

Read More Read Less

Eligibility and documents for loan against property in Mumbai

It is essential to match Bajaj Finserv eligibility criteria for loan against property before applying.

  • 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.

  • Credit score

    Credit score

    More than 750

  • Citizenship


    Indian, residing in the country

  • Employment


    Salaried as well as self-employed applicants are eligible

Bajaj Finserv sanctions a loan against property depending on the mortgage’s market value in Mumbai. Avail high-value financing against reasonable rates and charges once you fulfil the eligibility criteria.

Read More Read Less

Interest rates and charges for loan against property in Mumbai

We ensure affordability with lower loan against property interest rates in Mumbai. Know the associated fees and charges as well.

Frequently asked questions

What is the LTV of the loan?

The LTV or loan-to-value is 75% to 90% of the mortgage property’s current market value.

Why should I transfer my existing loan to Bajaj Finserv?

With balance transfer facility from Bajaj Finserv, you can lower your EMIs, enjoy reasonable rates of interest, follow flexible policy and avail a high-value top-up loan.

What is the processing fee on a loan against property?

Bajaj Finserv imposes a nominal processing fee of up to 7% of the loan amount.

Is there any option to track my repayments?

Yes. You can easily track your repayments and all other loan-related information through our customer portal – My Account.

Read More Read Less