- FEATURES AND BENEFITS
- ELIGIBILITY AND DOCUMENTS
- INTEREST RATES AND CHARGES
- HOW TO APPLY
- EXPORT PACKING CREDIT
- EMI CALCULATOR
- PART PRE-PAYMENT CALCULATOR
- GST CALCULATOR
- MACHINERY LOAN CALCULATOR
- WORKING LOAN CALCULATOR
- COMMERCIAL LOAN CALCULATOR
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
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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.
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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.
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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.
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Multiple property mortgage available
Borrowers can provide up to 2 properties as collateral to avail of the loan.
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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 |