Financing your child’s education, managing your wedding expenses, expanding your business, or even handling unforeseen medical expenses, a Loan against Property from Bajaj Finserv enables you to do it all. Bajaj Finserv offers customised Property Loan to salaried and self-employed individuals.
Bajaj Finserv gives you access to a higher loan amount at affordable Loan against Property interest rates. Salaried individuals get a high loan amount up to Rs.1 crore, while self-employed individuals can avail a loan of up to Rs.3.5 crore.
Simple Loan against Property eligibility criteria, minimal documentation and doorstep service makes the loan application process a hassle-free one. Bajaj Finserv offers the loan in just 4 days.
Salaried individuals can select a tenure ranging from 2 to 20 years and repay the loan conveniently. Self-employed individuals can select a tenure of up to 18 years to repay the loan. You can part-prepay or prepay your loan anytime at minimal charges.
Transfer your existing loan using Loan against Property Balance Transfer facility to Bajaj Finserv with minimal documentation and quick processing and get a high-value top-up loan.
Borrow as you go and pay interest only on the amount utilised. Manage your finances effectively and pay interest-only EMIs.
Access your loan details anytime and anywhere via customer portal - Experia
With tools like Loan against Property Eligibility Calculator and Loan against Property EMI Calculator, you can manage your loan easily.
Bajaj Finserv brings Property Loan with unique benefits which enable borrowers to meet their high-end expenses with ease. Some of these benefits are as follows:
Lower EMIs: Opt for a long repayment tenure of up to 20 years which distributes the loan amount, and you get to pay lower EMI amount every month.
Fastest loan approval: Avail this fastest Mortgage Loan in India disbursed to your account within 4 days post-approval.
Low-interest rates: Bajaj Finserv provides Loan against Property at low rates of interest, which makes repayment affordable.
Low to no prepayment charges: An individual availing Bajaj Finserv Property Loan at floating interest rates enjoys part-prepayment and foreclosure facilities at nil charges.
You can avail this loan by mortgaging a residential, commercial or industrial property. Usually, interest rates are the lowest when the funds are availed against a residential property.
Apply for the credit with a hassle-free application property loan procedure and submit minimal documents to avail the funds.
Furnish the following essential documents after filling up the online application form to avail a Loan against Property from Bajaj Finserv. Get this fastest Property Loan approved within 48 hours of applying and receive the funds in your account within 4 days of approval.
Submit these documents to enjoy hassle-free and fast loan approval from Bajaj Finserv.
Bajaj Finserv introduces an easy online procedure to apply for a Loan against Property. Check out the following steps to apply for the fastest Property Loan in India.
Fill up the online application form for Loan against Property at the official website.
Respond to our representatives who will get in touch with you within 24 hours of receiving the application.
Receive the approval for your loan application within 48 hours of applying.
Submit necessary documents to Bajaj Finserv representative.
After you complete the documentation, the loan amount will be disbursed to your account within 4 days of approval.
A Loan against Property is a secured loan availed against a commercial or residential property kept as collateral with the lender. As the funds come with no end usage restriction, borrowers can utilise the funds for various purposes such as business expansion, wedding, child’s education, etc.
Check out these features of a Loan against Property from Bajaj Finserv
Know property loan tax benefits and how to get a Property Loan in details before applying for one.
A Loan against Property is a convenient option to finance all high-end expenditures for business or personal purposes. You can mortgage various Loan against Property types as collateral to avail funds of up to Rs. 3.5 Crore.
Following are some of the collateral variants lenders consider with their Mortgage Loan product types:
Check out the types of Mortgage Loan from Bajaj Finserv and apply for an appropriate one.
A Loan against Property from Bajaj Finserv comes with a host of features and benefits including prepayment facility. If you think what mortgage loan prepayment is, well, it signifies paying off a certain part of the principal amount over and above the EMIs.
To part prepay, pay an amount that is equal to or more than 1 EMI. Complete the process at zero or nominal prepayment charges.
Benefits of Prepayment
Contact Bajaj Finserv to understand Mortgage Loan meaning and how you can best benefit from it. Meet the Loan against Property eligibility and apply successfully.
When taking a Loan against Property, it is essential to insure the property being mortgaged. The insurance cover should cover damages caused by fire and such calamities and must be valid throughout the loan tenure.
Every borrower has to submit a proof of the insurance policy annually or when needed. The reason why you need a mortgage loan insurance policy is the approval of your application. You can also enjoy the benefit of loan mortgage insurance tax-deductible.
Understand everything about what a Loan against Property or LAP is carefully before applying. The procedure of how to use a Property Loan is made online for your convenience.
Date :12 Sep, 2019
Several leading NBFCs, including Bajaj Finserv, offer Loan Against Property for Education at favourable terms for students. Read More
Date :29 Aug, 2019
Loan against Property by Bajaj Housing Finance Limited (BHFL) can be customized to fit in the most suitable loan variant at the fastest disbursal duration ... Read More
Date :27 Aug, 2019
Bajaj Housing Finance Ltd. (BHFL), a 100 per cent subsidiary of Bajaj Finance Limited offers Loan Against Property to salaried and self-employed individuals. Read More
Date :29 July, 2019
Loan Against Property helps you invest in efficient ways like getting a modular kitchen, convenient and stylised bathroom, central air conditioning, etc., Use Bajaj Finserv.. Read More
Date :29 July, 2019
As opposed to education loans, that may cover only tuition fees, a loan against property for high education is the one-stop solution for every need. By pledging a well-kept property, ...Read more
Date :29 July, 2019
Bajaj Finance Limited, one of the most diversified NBFCs in the country offers customized 'Loan Against Property' at an affordable interest rate to salaried and self-employed individuals. Read more