Types of Loans Against Property

Bajaj Finserv offers a range of mortgage loans to fulfil specific financial purposes unique to each borrower. Here is a brief overview of the different types available to borrowers. 

• Loan against residential or commercial property
  This is a secured residential property or commercial property loan to can be used to fund any financial obligation. Borrowers mortgage the property and avail a sanction based on its present market value
   
• Loan against property for self-employed
  Self-employed individuals can avail a sanction of up to Rs. 10.50 crore*, with a loan against property for self-employed persons. To apply, all you need to do is meet the simple loan against property eligibility criteria and fill the mortgage application form online
   
• Loan against property for salaried employees
  Salaried employees can avail funds up to Rs. 10.50 crore*, at a competitive rate of interest. These funds can be used to meet diverse expenses like wedding costs, travel expenses, home renovation costs, medical fees, etc. The loan against property eligibility criteria is also easy to meet and this helps expedite loan processing
   
• Loan against property for home renovation
  Whether you’re looking to install the latest lighting systems or put in a false ceiling or remodel your kitchen entirely, get the funds you need with the Bajaj Finserv Loan Against Property for home renovation. With this instrument, you can affordably make the changes you need to give your home an all-new look
   
• Loan against property for education
  Finance your child’s education using the education loan on property from Bajaj Finserv. Borrow up to Rs. 10.50 crore* to cover tuition fees, accommodation charges, travel and food expenses, flight tickets, etc. and repay conveniently with a tenor that ranges up to 15 years
   
• Loan against property for a wedding
  Opt for a loan against property for a wedding to cover costs such as venue bookings, food and beverage expenses, pre-wedding photo-shoot, exotic honeymoons, and all other marriage expenses cost-effectively. Thanks to the flexible tenor that ranges up to 15 years, you can ensure that EMIs never become a hassle
   
• Loan against property for debt consolidation
  A loan against property for debt consolidation allows borrowers to consolidate multiple debts easily and save on EMIs. Bajaj Finserv offers a competitive interest rate and a flexible tenor to ensure cost-effective repayment. All you must do is meet the eligibility criteria, submit the necessary documents and apply for the loan online
   
• Loan against property balance transfer
  The balance transfer loan facility allows you to transfer your existing debt over to Bajaj Finserv. By doing so, you enjoy benefits such as the affordable interest rate, high-value top-up loan, quick loan processing, nil foreclosure charges, part prepayment facility, and more
   
• Lease rental discounting
  Lease rental discounting is a popular option that allows borrowers to avail a loan against rentals. If you earn fixed rentals at specific intervals from a property you own, you can leverage these assets to avail the funds you need
   
• Loan against property for chartered accountants
  Chartered accountants in India can opt for a customised secured loan to meet their professional needs. Whether you require funds to open a new branch, purchase or lease new premises, or renovate an existing office, you can rely on this offering. You can avail a sizable sanction with a loan against property for chartered accountants and tailor repayment to match your business’ capabilities
   
• Loan against property for doctors
  Tailor-made for doctors in India, you can use this type of mortgage loan to purchase and install new medical equipment, renovate your clinic, hire trained staff, etc. As a professional, all you must do is meet the criteria, submit the documentation, and apply for the specialised offering