Loan Against Property Eligibility Criteria

For salaried individuals

The eligibility criteria for a salaried individual seeking a loan against property from Bajaj Housing Finance Limited are:

• Your age should be between 28 to 58 years
• You should be a salaried employee in a private company, public sector or a multinational organization
• You should be a resident of India who lives and owns a property in BHFL locations like-

• 1. Delhi &NCR
  2. Mumbai & MMR
  3. Chennai
  4. Hyderabad
  5. Bangalore
  6. Pune
  7. Ahmedabad

For self-employed individuals

The following are the eligibility criteria for a self-employed individual seeking a Bajaj Housing Finance Limited Loan Against Property:

• Your age should be between 25 to 70 years
• You should be a self-employed individual with a steady income from your business
• You should be a resident of India who lives and owns a property in BHFL locations like-

• 1. Bangalore
  2. Indore
  3. Nagpur
  4. Vijayawada
  5. Pune
  6. Chennai
  7. Madurai
  8. Surat
  9. Delhi & NCR
  10. Lucknow
  11. Hyderabad
  12. Cochin
  13. Mumbai
  14. Jaipur
  15. Ahmedabad

For salaried individuals

• Latest salary slips
• Bank account statements of the previous 3 months
• PAN card/Form 60 of all applicant
• ID proof of all applicant
• Address proof of all applicant
• Copy of the documents of the property to be mortgaged
• IT returns
• Title documents as required by legal team 
• Any other documents as may required

For self-employed individuals

• Primary bank account statements of the previous 6 months
• PAN card/Form 60 of all applicant
• Address proof of all applicants
• ID proof of all applicant  
• Income documents like ITR/Financial etc
• Copy of the documents of the property to be mortgaged
• Title documents as required by legal team
• Any other documents as may required

*Please note that the list of documents mentioned is indicative. During loan processing, additional documents may be needed. These requirements will be communicated to you accordingly.