Bajaj Finserv in your city
Nagpur serves as the winter capital of Maharashtra and is the state’s 3rd largest city. Chosen for the Smart City project, it is a major political and commercial centre, offering exclusive tourist attractions.
Bajaj Finserv brings personalised loans against property to aid residents of Nagpur to fulfil their financial needs. We offer our services across 5 branches.
Features and benefits
Applicants interested in availing a loan against property in Nagpur can read more to know about the features of the Bajaj Finserv Home Loan.
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Reasonable rate of interest
Starting from 8% to 14% per annum, Bajaj Finserv offers applicants an affordable home loan option to fit their finances.
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Speedy disbursal
No more long waits for loan amounts with Bajaj Finserv. Find your sanction amount in your bank account in just 72 hours* hours from approval.
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Ample sanction amount
Bajaj Finserv provides loan amount up to Rs. 10.50 crore* to eligible candidates and to boost your home buying journeys.
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Digital monitoring
Now keep a close eye on all your loan developments and EMI schedules through the Bajaj Finserv online platform.
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Long tenor stretch
The Bajaj Finserv Loan Against Property tenor stretches up to 15 years* allowing borrowers a buffer period to plan out their EMI payments.
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Zero contact loans
Experience a truly remote home loan application from anywhere in India by applying Bajaj Finserv online home loans and getting an easy approval.
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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.
Nagpur is the 5th fastest growing city in Maharashtra, exclusively known for the A grade tourism and pilgrimage site - Deekshabhoomi. It is a prominent trade centre of oranges, which are cultivated in volumes across a large part of Nagpur. Besides, it is home to renowned names like Dinshaws, the renowned ice-cream manufacturer, Baidyanath, Vicco, Haldiram’s and Actchawa. Also known as the Tiger Capital of India, Nagpur has several tiger reserves located throughout.
A loan against property can adequately cover multiple financial needs of people in Nagpur. Bajaj Finserv offers comparatively lower rates of interest, keeping the credit affordable. Borrowers can easily qualify for high-value loans by fulfilling simple eligibility criteria. We offer a higher LTV of up to 90% of the property’s market value.
Enjoy utmost convenience by applying for a property loan online. Post sanctioning, keep track of all loan information and other details through our customer portal – Experia.
Eligibility criteria for loan against property in Nagpur
Qualify for the credit with our easy-to-meet loan against property eligibility.
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CIBIL score
Above 750
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Nationality
Indian resident
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Employment
Salaried employee or self-employed
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Age limit
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.
Bajaj Finserv brings the simplest eligibility criteria and minimum documentation requirements. Strengthen your repayment capability by providing your additional sources of income.
Interest rates and charges for loan against property in Nagpur
Check the mortgage interest rates and associated charges before applying. Minimise the cost of borrowing with our loan against property.
