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Home Loan Starting 6.70%*

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Loan Against Property Application Process

Thanks to the loan against property, you can access funding of Rs.5 crore and even more, basis your eligibility, for big ticket expenses. Whether you want to finance a business expansion or a vacation, you can achieve this with a loan against property. Note, however, that this kind of loan requires collateral. You also need to meet the loan against property eligibility criteria, such as an excellent credit score and a healthy debt repayment record. When you apply with Bajaj Housing Finance for a loan against property, you should be aware of our loan against property application procedure. This article will equip you with all the information you need and help you to make adequate plans. Read on to learn more.

How Loans Against Property Applications Are Processed

Below are the steps you will take to get your loan against property application processed:

  • Begin the loan against property process by completing the application form online. Input your personal details and details about the property you will provide as collateral (whether residential or commercial). Pay the processing fee for the loan against a property when prompted.
  • A representative from Bajaj Housing Finance will contact you and ask you to evaluate the submitted details and submit the required documents. These documents include proof of identity, address, income, and property documents.
  • We will then evaluate your documents to make sure there are no forged documents.
  • If satisfied with the verification, we will give you a pre-approved loan offer.
  • If you take the offer, we will verify your property documents via legal means.
  • Rest assured that we will disburse off the loan amount within 72 hours* of receiving all documents.

You can also use a loan against property EMI calculator to prepare your repayment schedule.

Apply for a Loan Against Property Today

When you take a loan against property from Bajaj Housing Finance, you get incredible benefits that include low loan against property interest rates and low loan against property processing fees. Click here to get started now