Loan against property and its features
A loan against property from Bajaj Finserv gives wings to your dreams – be it financing your child’s education, managing wedding expenses, starting, and establishing your business and addressing other big-ticket spending. Make the most of the Bajaj Finserv Loan Against Property by customising it to fit your financial needs. Here are the features of this instrument.
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Attractive interest rate
Starting from 8.35%*, Bajaj Finserv offers applicants an affordable funding options that leaves their savings untouched.
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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.
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Big value funding
Bajaj Finserv provides loan amounts as much as Rs. 5 crore* and even more to eligible candidates to boost your spending desires.
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External benchmark linked loans
By opting for the Bajaj Finserv Loan Against Property linked to an external benchmark, applicants can enjoy reduced EMIs when the market conditions are favourable.
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Digital monitoring
Now keep a close eye on all your loan developments and EMI schedules through Experia – the Bajaj Finserv online platform.
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Convenient tenor
The Bajaj Finserv Loan Against Property tenor stretches up to 18 years allowing borrowers a buffer period to plan out their EMI payments, and service their debt with ease.
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Low contact loans
Experience a truly remote loan application from anywhere in India by applying online and getting an easy approval.
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No prepayment and foreclosure charge
Bajaj Finserv allows you to foreclose the loan or make part-prepayments at no extra costs or prepayment penalty – making way for maximum savings.
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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.
If you are a pensioner in need of funds to purchase a new property, renovate an existing one, cover medical expenses or address any other financial needs, you can apply for the Bajaj Finserv Loan Against Property for Pensioners. Once you meet the loan against property eligibility criteria, you can avail up to Rs. 5 crore as a mortgage Loan from Bajaj Finserv within 72 hours* of approval.
Enjoy the benefits of an adjustable tenor ranging from two to 20 years, attractive interest rates, and easy balance transfer and top-up. Opt for our Flexi facility to borrow and pay as you go. Choose to pay interest-only EMIs for the initial tenor to reduce your EMIs by up to 45%*. When you have surplus funds, you can make a part-prepayment to bring down your future instalments or foreclose your loan account at low to zero charges.
Also read: Reverse mortgage loan
How to apply
Apply online for the Bajaj Finserv Loan Against Property for Pensioners with just a few steps.
- 1 Fill up the online application form
- 2 Fill in your personal information and property details
- 3 Enter your income-related data for the best offer
After submitting the form, wait for our relationship manager to call and guide you with the next steps.
*Conditions Apply
