Features of rental deposit loan

  • High-value loan

    High-value loan

    Get funds up to Rs. 5 lakh to cover multiple expenses of renting a house.

  • Minimal paperwork

    Minimal paperwork

    Submit only a few documents to get quick funds for the house rent deposit.

  • Doorstep service

    Doorstep service

    Use our doorstep service and get your rent agreement drafted and registered without going out.

  • Flexi Hybrid facility

    Flexi Hybrid facility

    Withdraw when you need from your sanctioned limit and pay interest only on what you use.

  • Flexible tenors

    Flexible tenors

    Repay easily over a flexible tenor of up to 36 months.

  • Quick processing

    Quick processing

    Avail of security deposit funding quickly in just 24 hours.

  • Part-prepayment facility

    Part-prepayment facility

    Part-prepay your loan at no extra charge with a Flexi Hybrid rental loan.

  • Value-added services

    Value-added services

    Get additional benefits like a card protection plan, customised insurance scheme, etc.

Rental deposit loans for tenants and landlords

Bajaj Finserv offers rental deposit loans of up to Rs. 5 lakh with quick approval and minimal documents. You can use these funds to cover the initial expenses for renting a house, including security deposit, advance rent, brokerage, relocation expenses and furnishing expenses. With Bajaj Finserv, you can also opt for doorstep services for drafting and registering your rent agreement without having to do the legwork yourself. *This facility is available in cities like Mumbai, Pune and Bengaluru.

You can also choose our unique Flexi Hybrid facility that allows you to make multiple withdrawals as per your needs from the sanctioned loan limit. With this facility, you can pay interest only on what you use and not the entire limit. With Bajaj Finserv, you also get an array of additional benefits such as a card protection plan, finance fitness report or even customised insurance schemes to protect you financially, especially in case of unforeseen events.

Bajaj Finserv offers rental deposit loans for tenants as well as for landlords. If you are shifting to a new house, you can get rental deposit loans to pay your security deposit, brokerage or advance rent with quick approval and fast disbursal.

If you are a landlord and looking to rent out your property, you can use this rental deposit loan to renovate your property and command higher rent and security deposit. For example, a furnished house that’s been freshly painted and refurbished fetches a higher rental yield than an unfurnished house. Take a look at the financial benefit of renovating your property before you put it on rent, in the table* below:


Property value

Rent per month

Rent per annum

Rental yield

Total rent for 5 years

Rental yield from unfurnished houses

Rs. 90 lakh

Rs. 27,000

Rs. 3,24,000


Rs. 16,20,000

Rental yield from furnished houses

Rs. 90 lakh

Rs. 32,000

Rs. 3,84,000


Rs. 19,20,000

Financial gain from renting out a furnished house



Rs. 3,00,000


*All charges given here are indicative. They may change based on the city of your residence.

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How to apply for rental deposit loan

It is easy to apply for a Bajaj Finserv Rental Deposit Loan by following these simple steps:

  1. 1 Click here to open the application form
  2. 2 Fill in your name and contact details to get the OTP
  3. 3 Submit the OTP and fill in your personal and financial details
  4. 4 View and confirm your loan offer once you submit the application
  5. 5 Upload your rent agreement

Once your rent agreement has been verified, the funds for the security deposit for your rental apartment will be disbursed in your bank account in 24 hours*.

*Conditions apply