Overview of a Loan Against Property in Ajmer
Ajmer is one of the oldest cities in Rajasthan. The smart city initiatives integrate advanced technology to enhance urban infrastructure and promote sustainable development. Several other projects mark a significant lead forward in Ajmer's journey towards becoming a more efficient city for its residents. Home to several tourist places, Ajmer is an important religious destination as well. This has, in turn, led to an appreciation of the property prices in the city.
If you wish to avail of a Loan Against Property as a solution for your funding needs, consider borrowing from Bajaj Housing Finance for competitive terms and policies.
Features and Benefits of Loan Against Property in Ajmer
Minimal Documentation
Our minimal document requirements ensure a smooth and hassle-free loan application process.
Basic Eligibility Criteria
Our eligibility criteria are simple, ensuring speedy approval and quick disbursal. With us, you can expect to see funds in your account within 72 hours* of document submission and approval.
End-Use Flexibility
Borrowers can use their Loan Against Property sanctions to address a variety of funding needs. You have the choice to use the funds as working capital, to address business expansion needs, or to meet housing-related expenses.
Low Interest Rates
Bajaj Housing Finance offers property loans at interest rates starting as low as 9.40%* p.a., for self-employed applicants.
Long Repayment Tenor
Borrowers can repay their loan over a period extending up to 17 years. This gives borrowers ample time to repay the loan easily.
Interest Rates for Loan Against Property in Ajmer
Bajaj Housing Finance offers competitive interest rates to salaried and self-employed individuals; the interest rate on LAP begins at 9.40%* p.a., for self-employed applicants. To learn more about Loan Against Property interest rates, click here.
Calculate Your Loan Against Property EMI
Repayment Schedule
Eligibility Criteria for a Loan Against Property in Ajmer
For Salaried
- Should be an Indian citizen residing in the country
- Should be between 23 to 60 years** of age
- Should be employed at a public, private, or multinational organisation for at least 3 years
- Property to be mortgaged should be located in one of the cities we operate in
For Self-Employed
- Should be an Indian citizen residing in the country
- Should be between 23 to 70 years** of age
- Should have a steady monthly income from the current business enterprise with 3 years of vintage
- Property to be mortgaged should be located in one of the cities we operate in
** The upper age limit is considered as age at the time of loan maturity. Additionally, the upper age limit for applicants is subject to change, depending on the property profile.
Documents Required for a Loan Against Property in Ajmer
We offer Loans Against Property with minimal documentation. Submit the following documents to enjoy instant approval:
For Salaried Applicants
- PAN Card or Form 60 (mandatory)
- Aadhaar Card
- Address proof
- Last 3 months’ salary slips
- ITR documents
- Bank account details of the last 3 months
- Documents of the property to be mortgaged
For Self-Employed Applicants
- PAN Card or Form 60 (mandatory)
- Aadhaar Card
- Address proof
- Bank account details of the last 6 months
- Business vintage proof
- Documents of the property to be mortgaged
Note: This list is indicative. Additional documents may be needed during loan processing.
Steps to Apply for a Loan Against Property Online in Ajmer
To avail of a property loan from Bajaj Housing Finance, follow these steps:
- Navigate to our application form.
- Fill up details such as your employment profile, preferred loan type, additional income details, and information about the property to be mortgaged.
- Generate OTP and verify your mobile number.
- Populate all the financial details as requested and complete the form. (Note: The fields that you need to fill may vary basis your employment type.)
- Click ‘Submit’ to submit the application form.
Following the submission of the form, a Bajaj Housing Finance representative will contact you to walk you through the remaining steps. You can expect the funds in your account in 72 hours* after your loan is approved and documents have been verified.
*Terms and conditions apply.
Bajaj Housing Finance allows you to apply for a Loan Against Property in Ajmer either online or by visiting the nearest branch for an in-person application.
Apply for a Loan Against Property in Navi Mumbai with us and receive funds in your account within 72 hours* after document verification.
The documents*** required to apply for a Loan Against Property in Ajmer are:
For Salaried Applicants
- KYC Documents: Aadhaar Card, Voter ID, PAN Card, or Form 60 (mandatory)
- Address Proof
- Income Proof: Salary slips for the last 3 months, Income Tax Return (ITR) documents, and bank statements for the past 3 months
- Property Documents: Papers related to the property being mortgaged
For Self-Employed Applicants
- KYC Documents: Aadhaar Card, Voter ID, PAN Card, or Form 60 (mandatory)
- Address Proof
- Income Proof: Bank statements for the past 6 months
- Business Proof: Evidence of business vintage
- Property Documents: Papers related to the property being mortgaged
***This list is indicative.
Using our housing loan eligibility calculator, you can easily calculate your Loan Against Property eligibility in Ajmer. Enter details such as your city, date of birth, income, and obligations to a loan amount estimate.
Bajaj Housing Finance offers the convenience of applying for a Loan Against Property in Ajmer online from the comfort of your home or by visiting your closest branch for an offline application. We also offer a doorstep document pickup facility for a hassle-free experience.
