3.5 Crore Loan Against Property _Banner_WC

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Do you need money _WC

Do you need money urgently to take care of a financial emergency? Or, are you looking for funds to give wings to your ideas and start a new venture? If you need access to a substantial amount of money, opting for a Loan Against Property is your best bet. This type of loan does not only allow you to get access to a substantial amount of money in a short period, but it also allows you to use the value locked inside a property to your best advantage. Yet another advantage of a property loan is that it lets the borrower continue to have ownership rights of the property - the borrower can continue to use the pledged property - whether residential or commercial - however they like even after pledging it as security.

Need a 3.5 Crore Loan Against Property? Do not worry. With Bajaj Housing Finance, borrowers can get access to funds worth 5 Crore or more, provided the borrowers meet our eligibility criteria.

Bajaj Housing Finance Loan Against Property: Features and Benefits_WC

Bajaj Housing Finance Loan Against Property: Features and Benefits

Need a 3.5 Crore Loan Against Property? Apply with Bajaj Housing Finance and enjoy these benefits.

Substantial Loan Amount

Bajaj Housing Finance is one of the few lenders who offers loans up to INR 5 Crore under its Loan Against Property offers.

Highly Competitive Interest Rates

Bajaj Housing Finance offers loans against property to both salaried and self-employed individuals at interest rates starting as low as 9.50%*. Borrowers must, however, know that the final interest rate they get will depend on several factors, including their income and credit profile as well as the value of the property pledged as collateral.

Flexible Repayment Tenor

Bajaj Housing Finance gives borrowers the option to repay their loan over a period extending up to 18 years. This ensures affordability in the long run and makes repaying the loan simple and stress-free.

Zero Prepayment and Foreclosure Charges

Individuals who have availed of a loan at floating interest rates can part pre-pay or foreclose their loan at no additional fee.

Zero End-Use Restrictions

Planning to take a 3.5 Crore Loan Against Property from Bajaj Housing Finance? If you are taking such a big loan, chances are you need the money urgently and for something important and personal. Bajaj Housing Finance's Loan Against Property comes with zero end-use restrictions. You can use the money for whatever purpose you want, we won't even ask you where the loan money is going.

Minimal Documentation Requirements and Simple Application Process

Our document requirements for a Loan Against Property are minimal and our eligibility criteria are easy to meet. Further, our application process is simple and straightforward. All these reasons make it easy for borrowers to apply for a loan with us and get approved for it too.

Quick Disbursal

Our minimal documentation requirements and simple application process allow us to decide on loan applications as soon as possible and also disburse funds quickly. With us, you can expect to see funds availed of by you within 72 hours* of document submission and approval.

Documents Required for a 3.5 Crore Loan Against Property_WC

Documents Required for a 3.5 Crore Loan Against Property

If you are planning to apply for a 3.5 crore Loan Against Property, keeping these documents ready with you will ensure a smooth and hassle-free application process.

  • Proof of identity and address documents: PAN, Aadhar, Voter ID, Driving License, Passport, Utility Bills, etc.
  • Proof of employment and income documents in the case of salaried applicants: latest salary slips, form 60, income tax returns, last 3 months' bank account statements and the identity card issued by the employer.
  • Proof of income and business ownership documents in the case of self-employed individuals: partnership agreement, registration certificate, income tax returns, bank statements of the last 6 months, balance sheet and profit and loss statement.
  • Documents of the property that will be pledged as security

Note that the list is only indicative, and you may be asked to provide additional documents required for a Loan Against Property as and when needed.

Eligibility Criteria for a 3.5 Crore Loan Against Property_WC

Eligibility Criteria for a 3.5 Crore Loan Against Property

If you are planning to apply for a 3.5 Crore Loan Against Property, meeting the following eligibility criteria is crucial to prove eligibility for the loan amount.

Salaried Applicants

  • The applicant must be an Indian citizen living in a city where Bajaj Housing Finance operates.
  • The applicant must be between the ages of 28 to 58 years.
  • The applicant must have at least 3 years of work experience either at an MNC, or a Public or Private sector company.

Self-Employed Applicants

  • The applicant must be an Indian citizen living in a city where Bajaj Housing Finance operates.
  • The applicant must be between the ages of 25 to 70 years.
  • The applicant's business must be able to generate a consistent source of income and have been in operation for at least 5 years.

*Terms and Conditions Apply

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3.5 Crore Loan Against Property _PAC_WC

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