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Loan Against Property in Solapur: Features and Benefits

Solapur is the 5th largest city in Maharashtra and 49th in the country. Although this city is perennially overshadowed by its illustrious neighbours like Mumbai and Pune, Solapur is an important economic centre and is home to several textile and handloom industries. It has a population exceeding 12.5 lakh, and the economy is majorly dependent on business and weaving.

The standard of living in Solapur is higher than the national average, and there is a continuous demand for additional sources of funding for business as well as personal requirements. A Loan Against Property is one of the primary ways of securing funds in this city. Here’s why.

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    High-value Loan

    Bajaj Finserv’s property loan provides the borrower access to a much higher loan amount than most other types of credit. You may avail of Rs. 5 Cr* and higher as a loan against property.

  • Long Repayment Tenure

    The flexible tenure ranging up to 20 years ensures that you are not stressed unnecessarily during repayment.

  • Part Pre-payment

    Reduce your EMI burden or tenure by part-prepaying your outstanding loan amount. You can also opt for the interest-only EMIs and manage your finances better. There are no charges applicable on part-prepayment or foreclosure.

  • No End Usage Restriction

    A loan against property comes with no stipulations on how you can use the amount. In other words, there is no end usage restriction on the loan amount put forth by the lender. You can spend it for anything from house renovation to meeting emergency medical expenses.

  • Easy To Apply, Easier To Get Approved

    With minimal documentation and doorstep service, applying for a loan against property is easier than ever. Loan Against Property eligibility criteria is also quite relaxed. You may apply for the loan by meeting some easy eligibility criteria.

  • Pre-approved Offers

    Bajaj Finserv brings you pre-approved offers that are both time-saving and incredibly convenient. Such offers are available on both secured credits like Loan Against Property, as well as on unsecured advances like personal loans.

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    Flexi Loan Facility

    Withdraw multiple times from the sanctioned loan sum and pay interest only on the amount you utilise. Reduce your interest payment substantially with this industry-leading facility.

Loan Against Property in Solapur: Interest Rates and Charges

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 Solapur

You can apply for Bajaj Finserv’s mortgage loan online by filling up the application form. 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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