Home Loan in Bhopal: Overview
Bhopal is the capital of Madhya Pradesh and, due to its diverse cultural background, the real estate market has grown exponentially over the years. It is also renowned for its environmentally conscious infrastructure.
Bajaj Housing Finance offers Loans Against Property at competitive interest rates, allowing you to leverage your property to meet financial requirements.
Home Loan in Bhopal: Features and Benefits
Attractive Interest Rates
Bajaj Housing Finance offers competitive interest rates on Loans Against Property, starting as low as 9.40%* p.a. for salaried individuals, basis eligibility.
Sizeable Loan Amount
A Loan Against Property can be used to fund any big-ticket expense that you may have, such as debt consolidation, business expansion plans, or housing requirements.
Flexible Tenor
With Bajaj Housing Finance, you can choose a long-term tenor of up to 17 years to help you repay the loan comfortably, without compromising your other financial goals and commitments.
Speedy Disbursement
We aim to disburse the sanctioned loan amount to your bank account in as little as 72 hours*, following documentation, verification, and loan approval.
Digital Monitoring
Our commitment to ensuring an easy borrowing experience continues even after disbursal. Enjoy easy access to all your loan accounts and information through the Bajaj Housing Finance Customer Portal.
Home Loan in Bhopal: Documents Required
When applying for a Loan Against Property, you must provide certain documents. Our documentation requirements for a property loan are simple. The following documents are required for both salaried and self-employed individuals:
Salaried Individuals
- Mandatory documents: PAN Card or Form 60
- Identification Proof: Aadhaar Card, Voter ID, Passport, and Driving License
- Income Proof: Latest salary slips, banking statements for the past 3 months, and Income Tax Returns
- Employment Proof: Company identification card and appointment documentation
- Property documents: Photocopy of the documents of the property you are looking to mortgage, such as Title Deed
Self-Employed Individuals
- Mandatory documents: PAN Card or Form 60
- Identification Proof: Aadhaar Card, Voter ID, Passport, and Driving License
- Income Proof: Company banking account statements for the past 3 months, Income Tax Returns, Balance Sheet, and Profit and Loss Statements
- Employment Proof: Document of business ownership, Partnership Deed, and Registration Certificate
- Property documents: Photocopy of the documents of the property you are looking to mortgage, such as Title Deed
The list is only indicative and you may be asked to provide additional documents required for a Loan Against Property as and when needed.
Home Loan in Bhopal: Property Loan Interest Rates and Charges
Bajaj Housing Finance offers competitive Loan Against Property rates to eligible salaried, professional, and self-employed individuals. To learn more about our fees and charges, click here.
Home Loan in Bhopal: How to Apply
Applying for a Loan Against Property is a simple and straightforward process:
- Visit the loan application form on the official website.
- Fill the required details such as name, contact details, employment type, net salary income, type of loan, and the required loan amount.
- Proceed to generate OTP and enter it.
- Enter property and finance-related details.
- Submit the loan application form.
Following the submission of the loan application form, a representative from Bajaj Housing Finance will contact you within 24 hours* to walk you through the next steps. It is recommended that you keep all necessary documents handy to expedite your loan processing.
*Terms and conditions apply.
