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Business Loan Against Property

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Business Loan Against Property

Meeting your business’s immediate and medium-term funding needs is now convenient with a business loan against property. Get high-value loans of up to Rs.50 lakh to fulfil diverse funding needs related to your business.

Avail of the self-employed loan to fund restocking inventory, office renovation, expansion of existing operations, working capital requirements, etc.

Business Loan Against Property: Features and Benefits

  • Money-in-bank

    Loan of up to Rs.50 lakh

    Fulfil immediate funding needs with a hassle-free and easy secured business loan of up to Rs.50 lakh.

  • Money-in-bank

    No income documents needed

    Business loan against property is based on the valuation of the property provided for a mortgage and requires no income documents.

  • Money-in-bank

    Financing for both salaried and self-employed

    Both self-employed and salaried individuals can avail of this secured business loan with ease against property mortgage.

  • Money-in-bank

    Multiple property mortgage available

    Borrowers can provide up to 2 properties as collateral to avail of the loan.

  • Money-in-bank

    Easy balance transfer facility

    Transfer your existing loan balance to Bajaj Finance Ltd. and repay the loan at a lower interest rate.

Business Loan Against Property: Eligibility Criteria

To avail, the business loan against property, fulfil the below eligibility requirements -

Eligibility Parameter Eligibility Criteria
Age Between 24 to 70 years* of age (*Age should be 70 years at loan maturity) .
For Non-financial property owner: 80 Years (At loan maturity)
For salaried, maximum age is up to retirement
Minimum income Minimum monthly earning of Rs.24,000 for salaried applicants.
Residence Borrowers must stay in their current residence for at least 12 months.
CIBIL score Personal CIBIL score of 685 or above; no commercial CIBIL score required

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