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Loan Against Property in Salem: Features and Benefits

Salem, a major textile centre in the state of Tamil Nadu, has recently been considered under the list of smart cities. This city’s economy is largely supported by the sago factories for starch production, SAIL and exporting of mangoes to foreign countries. While such sectors continue to boost its growing economy, it presents prospects of further growth. Thus, Bajaj Finserv brings Loan Against Property in Salem to ensure financial assistance to the residents of this city. Check out the various features and benefits that this credit brings.

  • education loan

    High-value Loan Amount

    Bajaj Finserv’s Loan Against Property comes with substantial credit amount that may go of Rs. 5 Cr* and higher for eligible self-employed borrowers and Rs.1 crore for salaried individuals. This sanctioned sum comes with no end-usage restriction and hence can be used to meet diverse financial goals, viz. – higher education abroad, establishing or expanding a business, home renovation, etc.

  • education loan online

    Quick Processing Of The Sanctioned Sum

    Avail this Mortgage Loan from Bajaj Finserv with a convenient approval of credit amount within 72 hours of applying for the same. Enjoy its host of beneficial features by fulfilling its easy-to-meet eligibility criteria and furnishing required documents.

  • Zero Or Nominal Charges On Part-prepayment And Foreclosure

    Opt for this Loan Against Property in Salem, and you can go for part prepayment of your outstanding loan amount or foreclosure of the same by paying full loan amount before completion of the tenure. Such features require nominal or zero charges and involve a convenient application process.

  • Convenient Balance Transfer Facility With Top-up Loans

    Go for this secured advance and benefit from options to transfer your existing loan account to one with a better rate of interest. Opt for mortgage balance transfer facility at nominal charges and gain convenient access to additional funds with a Top-up Loan. Such funds are capped at Rs.50 lakh as per eligibility criteria and come with no end-usage restriction.

  • Easy Access To Loan Account Via The Customer Portal

    Bajaj Finserv’s Property Loan brings you with options to easily access your loan account from anywhere. Use its customer portal, Experia and check out your transaction details, pay your EMIs, etc.

  • Flexible Repayment Loan Tenure

    Avail Loan Against Property in Salem from Bajaj Finserv and enjoy the convenience to repay your credit over a flexible range of loan tenure. It may range from 2 to 20 years for salaried borrowers and from 2 to 18 years for self-employed individuals. Choose a suitable tenure and hence gain pocket-friendly EMIs.

  • student loan

    Flexi Hybrid Feature

    Opt for the Loan Against Property and enjoy its unique Flexi Hybrid feature where borrowers can choose to pay interest only on the withdrawn loan amount. Repay at your convenience and over interest-only EMIs.

Loan Against Property in Salem: Eligibility Criteria and Documents

Enjoy the lucrative features of this advance by meeting the essential Loan Against Property eligibility criteria. Remember to keep required documents handy while you fill in the online application form for this credit.

Loan Against Property in Salem: Interest Rates and Charges

Both salaried and self-employed eligible borrowers can enjoy a reduced cost of loan due to reduced interest rates on Loan Against Property.

Bajaj Finserv property loan interest rates are very low for both salaried and self-employed individuals. The other charges and fees levied are also minimal.

Contact Us for Loan Against Property in Salem

Complete the 4 easy steps of the application procedure, from filling up the online form to submit the documents, to apply for this loan. For more details, you may call on 1800-103-3535, if you are a new customer. Existing clients may reach us at 020-3957-5152 or visit loan against property contact details.

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