Rental Deposit Loan

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 Term 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:

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