Loan Against Property in East Godavari: An Overview
One of the largest and most populated districts in the coastal Andhra Pradesh, East Godavari has emerged as one of the fastest-growing centers owing to several flagship initiatives. With a major portion of the population looking to invest in new opportunities and the demand for homeownership and properties rising by the day, Bajaj Housing Finance offers attractive Loan Against Property options in East Godavari. To understand our offerings, read on.
Loan Against Property: Features and Benefits
Competitive Interest Rates
Bajaj Housing Finance offers Loan Against Property against interest rates as low as 10.10%* p.a. based on the borrower’s history, credit score, and the type of interest rate applied for.
Sizeable Loan Amount
By opting for a Loan Against Property in East Godavari, borrowers can enjoy loan amount as high as Rs.5 Crore* or higher, depending on the borrower’s overall profile and the type of mortgage loan selected.
Longer Repayment Tenor
The tenor for a Loan Against Property can extend up to 18 years, which gives the borrower ample time to pay back the loan.
Disbursal Within 72 Hours*
Bajaj Housing Finance has a vast and efficient network of competent representatives working round-the-clock to ensure that the loan Against Property is disbursed at the earliest. Borrowers can expect the loan amount to be credited in less than 72 hours* of document submission and approval, provided they meet all the verification checks.
Loan Against Property in East Godavari: Interest Rate, Fees & Charges
We offer Loans Against Property to eligible applicants starting as low as 10.10%* p.a., ensuring that your total cost of borrowing is kept minimal. To know more about our rates, fees and charges, visit our official website.
Loan Against Property in East Godavari: Documents Required
The documents necessary for a successful loan application process while taking a mortgage loan in East Godavari.
are as below.
- Proof of identity and residence
- Evidence of income such as last 3 months’ salary slips for salaried applicants, whereas proof of business vintage for self-employed applicants
- Property documentation
Note: This list is indicative. Additional documents may be needed during loan processing.
Loan Against Property in East Godavari: Eligibility Criteria
Age
- Salaried individuals must be 28-58** years of age
- Self-employed individuals must be 25-70** years of age
Employment Status
- Salaried individuals must have 3 years of work experience
- Self-employed individuals must have a stable income source for over 5 years
** Please note that the maximum age considered is the age at the time loan maturity.
*Terms and conditions apply.
