You can easily avail a Bajaj Finserv Mortgage Loan, if you meet the following criteria:
You are eligible for a Self-Employed Mortgage Loan if you meet the following criteria
Bajaj Finserv brings you the fastest Loan Against Property with disbursal of the loan in 4 days post approval.
Meet the following mortgage loan eligibility criteria to avail the advance.
|Eligibility Requirements||For Self-employed Individuals||For Salaried Individuals|
|Age limit||Between 25 and 70 years||Between 33 and 58 years|
|Employment status||Must have a regular income source||Must be a salaried individual employed with an MNC, a private company or a public sector company|
|Residential status||Should be a resident Indian citizen||Should be a resident Indian citizen|
|Maximum loan eligibility||Up to Rs.3.5 crore||Up to Rs.1 crore|
|Availability of loan tenor||Tenor flexibility of up to 18 years||Tenor flexibility between 2 and 20 years|
The Bajaj Finserv Loan Against Property is available to eligible borrowers via an easy and less-complicated process. You don’t need to visit any branch physically to apply for the loan. Instead, complete the entire process online.
Process to avail a Mortgage Loan
Make sure to meet all the eligibility criteria before applying for the Bajaj Finserv Mortgage Loan.
Bajaj Finserv, being a reputed NBFC in the country, prioritises customer service and convenience. Eligible applicants can enjoy the fastest loan disbursal within 4 days post approval.
The entire procedure is available online and easy-to-follow, viz. –
The maximum tenure for a Loan Against Property is 20 years for salaried borrowers. For self-employed individuals, the maximum Loan Against Property tenure is 18 years.
Enjoy such attractive Loan Against Property benefits only with Bajaj Finserv.
You need to furnish a few necessary documents to avail a Mortgage Loan from Bajaj Finserv. Apart from the basic documents, the income document requirement for salaried and self-employed individuals differs.
So, check out the Loan Against Property documents required –
Additionally, a self-employed applicant needs to furnish the last 6 months’ account statement as proof of income. For the salaried individual, it includes IT Returns, latest salary slips and account statement of last three months.
Apply for Bajaj Finserv’s Loan Against property and furnish these documents required for Mortgage Loan to enjoy quick loan disbursal.
Multiple factors work in to determine mortgage loan eligibility. Check out the following list of criteria that affect eligibility requirements.
The mortgage loan amount available for an applicant further depends on the current market value of property to be mortgaged and the Loan to Value (LTV) ratio extended by the lender.
Check out the following ways by which you can avail a mortgage loan without income proof.
Note that the ultimate decision to sanction a mortgage loan without income proof lies at the lender’s discretion.
Yes, you can avail a mortgage loan against an owned house for the purchase of a new property. As per the mortgage loan eligibility criteria, you must be a resident of the cities listed by your lender and own a residential or commercial property therein to avail the loan.