Loan Against Property in Cochin: Overview
Cochin, also known as Kochi, is a major spice trading centre located in Kerala. This port city is home to several tourist attractions such as the Cherai Beach, Hill Palace Museum, and many more.
Bajaj Housing Finance provides Loans Against Property in Cochin to help residents cover major expenses. Keep a property as collateral with us and avail of a considerable loan corpus at affordable interest rates. There are no restrictions on end-use.
Loan Against Property in Cochin: Features and Benefits
Quick Loan Approval
After getting the Loan Against Property application, we initiate the processing immediately. Hence, the loan approval takes only 24 hours* with Bajaj Housing Finance (post document submission)
Loan at Doorstep
Get a Loan Against Property from us without stepping out of your home. Give us a call, and our representatives will collect the documents from your home or workplace.
Instant Disbursal
Once the eligibility checking and documentation are done, the loan amount reaches your account within 72 hours* of approval. (post approval)
Flexible Repayment Option
Choose a tenor ranging up to 18 years and repay the loan conveniently. Prepay whenever possible to reduce the EMI burden.
Simple Eligibility
Fulfil some basic requisites to qualify for a sizeable loan amount. Mortgage a high-stake property to improve eligibility.
Online Loan Management
Manage loan accounts remotely through the online customer portal and check your outstanding loan balance and EMIs on the portal. You can also check the loan amount you can avail of with our Loan Against Property Eligibility Calculator.
Balance Transfer and Top-up Facility
Opt for a Loan Against Property Balance Transfer with us and enjoy affordable interest rates. Depending on the outstanding amount, qualify for a considerable top-up loan.
Online Calculators
Access our online Loan Against Property EMI Calculator and eligibility calculator to manage loans better.
Loan Against Property in Cochin: Documents Required
Complete a simple and short documentation process while applying for this credit. Keep the documents handy to qualify for a Loan Against Property. Keep the following documents handy for faster loan process and disbursal.
| Document Type | For Salaried Individuals | For Self-employed Individuals |
|---|---|---|
| Identity and address proof |
| Same as salaried applicants |
| Income proof |
|
|
| Employment proof | Work identity card/Salary slips | Proof of business ownership documents, such as registration certificate and partnership agreement |
| Property documents |
|
|
Note: This list is indicative. Additional documents may be needed during loan processing.
Loan Against Property in Cochin: Eligibility Criteria
Meet a few simple eligibility parameters and get competitive interest rates on Loans Against Property. Basis eligibility, you can get a sizeable loan amount
For salaried applicants
- Age should be between 28 and 58 years**
- Should be a residing Indian citizen
- Must be working at an MNC/public/private organization
- Should have work experience of at least 3 years
*** The maximum age is considered as age at the time of loan maturity.
For self-employed applicants
- Age should be between 25 and 70 years**
- Must be a residing citizen of India
- Should have a steady income from the current business with a minimum business vintage of 5 years.
** The maximum age is considered as age at the time of loan maturity.
Loan Against Property in Cochin: How to Apply
Check the eligibility criteria for mortgage loans in Cochin and submit all the necessary documents for faster loan processing. Follow the steps below to apply online:
- Fill up a Loan Against Property online application form with details such as age, name, date of birth, address, and PAN number
- Provide your property details
- Submit the form
After receiving the loan application, our representatives will contact you, following which you will be expected to meet all the requirements for document submission and verification.
*Terms and conditions apply
