Overview of a Loan Against Property in Dehradun
Dehradun is Uttarakhand's capital and most populous city. It is best known for its tourism destination, which is surrounded by popular hill stations like Mussoorie and pilgrimage sites like Haridwar and Rishikesh. Dehradun has scenic landscapes as well as modern facilities, making it a real estate hub. Improved transport links and upcoming metro projects have seen an upsurge in property values in Dehradun. Property owners can take advantage of the rising property values to leverage their properties as collateral for different financial requirements with favourable terms.
Features and Benefits of Loan Against Property
Low Interest Rate
Bajaj Housing Finance offers property loans at competitive interest rates to salaried, professional, and self-employed individuals, basis eligibility.
Higher Sanction Amounts
Borrowers who qualify for Loan Against Property can benefit from high sanction amounts of Rs.5 Crore* and higher basis eligibility. The final sanction amount is determined by your loan profile and the mortgaged property.
Quick Approvals
A Loan Against Property offers you a sizable amount of funds to tackle your planned or unplanned expenses. With us, you can expect to receive the funds within 72 hours* of submitting your documents.
Long Repayment Tenors
Enjoy a comfortable repayment tenor of up to 17 years.
End-Use Flexibility
A Loan Against Property has flexible end-usage The funds can be used towards housing or business expenses. You can use it for debt consolidation as well.
Interest Rates for Loans Against Property in Dehradun
Bajaj Housing Finance offers Loans Against Property for both salaried and self-employed individuals at competitive interest rates starting at 9.40%* p.a. for self-employed applicants. You can benefit from a sizeable sanction amount, competitive interest rate, and quick disbursal within 72 hours* from the time of submission of your documents.
Documents Required for a Loan Against Property in Dehradun
Bajaj Housing Finance only requires you to submit a few documents, keeping this process straightforward. Keep the following documents handy while applying for a Loan Against Property to ensure that your loan application is streamlined:
Salaried Applicants
- Identification proof such as PAN Card or Form 60 (mandatory), Aadhaar Card, Passport, Ration Card, Voter ID, or any other form of government-approved identification proof
- Employment proof such as a company identity card
- Income proof such as latest salary slips, banking statements for the past 3 months, and Income Tax Returns
- Copy of the documents that you are planning to mortgage, such as a Title Deed
Self-Employed Applicants
- Identification proof such as PAN Card or Form 60 (mandatory), Aadhaar Card, Passport, Ration Card, Voter ID or any other form of government-approved identification proof
- Proof of business such as a partnership agreement and registration certificate
- Income proof such as company banking statements for the past 6 months, Income Tax Returns, Balance Sheet, and Profit and Loss Statements
- Copy of the documents that you are planning to mortgage such as a Title Deed
Note: This list is indicative and you may be requested to submit more documents, if required.
Eligibility Criteria for a Loan Against Property in Dehradun
To be eligible for a Bajaj Housing Finance property loan in Dehradun, self-employed and salaried applicants should fulfil the following eligibility criteria:
Self-Employed Applicants
- Should be an Indian resident
- Should be aged between 23 and 70 years** at the time of loan maturity
- Should be able show a minimum of 3 years of business continuity
- Should ideally have a CIBIL score of 750 plus
- Should be the owner of the property to be mortgaged
Salaried Applicants
- Should be an Indian resident
- Should be aged between 23 and 60 years** at the time of loan maturity
- Should have a minimum work experience of 3 years in a reputed company
- Should ideally have a CIBIL score of 750+
- Should be the owner of the property to be mortgaged
**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.
Process to Apply for Loan Against Property in Dehradun
Applying for a Bajaj Housing Finance property loan is simple. Follow the steps given below:
Step 1: Click on 'Apply Now' given on the top right corner of this page.
Step 2: Once redirected to the application form, you will be required to fill in the necessary details, such as:
- Name
- Contact number
- Employment type (salaried, self-employed, or self-employed doctors/CAs)
- Type of loan
- Net monthly income or salary
- PIN code
- Required loan amount
Step 3: Generate OTP and enter it.
Step 4: Provide financial and property details.
Step 5: Submit the application form.
A customer representative from Bajaj Housing Finance will get in touch with you within 24 hours* to guide you through the next steps of your loan application.
*Terms and conditions apply.
