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Loan Against Property in Indore: Overview_WC

Loan Against Property in Indore: Overview

Indore is the largest and most populous city in Madhya Pradesh, and it is considered the state's education hub as it is home to the Indian Institute of Technology as well as the Indian Institute of Management.

Residents with pressing financial needs need to look no further than Bajaj Housing Finance, to have their funding needs met. Our loan against property is packed with attractive features and benefits, that make it the ideal funding solution.

Loan Against Property in Indore: Eligibility Criteria_WC

Loan Against Property in Indore: Eligibility Criteria

Bajaj Housing Finance has a simple and straightforward Loan Against Property eligibility criteria that eases the loan application process and allows for easy approval and disbursal.

Salaried Individual:

  • Applicant should be an Indian resident 
  • Applicant should have a work experience of at least 3 years
  • Applicant should be aged between 28 to 58 years**

Self-Employed Individual:

  • Applicant should be an Indian resident 
  • Applicant should establish business continuity for at least 5 years
  • Applicant should be aged between 25 to 70 years**
  • **The upper age limit is considered as the age at the time of loan maturity.

Loan Against Property in Indore: Fees and Charges_WC

Loan Against Property in Indore: Fees and Charges

The interest rate for a Loan Against Property starts at 10.10%* for both salaried and professional applicants. When you apply for a Loan Against Property with Bajaj Housing Finance, you can expect higher loan sanction amounts, lower interest rates, and quick disbursement within 72 hours* of submitting your documents.

Floating Interest Rate for Salaried and Self-Employed Applicants:

Type of Loan Rate of Interest
Loan Against Property  10.10%* to 18.00%*
Loan Against Property Balance Transfer 10.20%* to 18.00%*
Floating Interest Rate for Self-Employed Applicants:

Type of Loan Rate of Interest
New Loan Against Property Application 9.75%* to 18.00%*
Loan Against Property Balance Transfer 9.85%* to 18.00%*

Loan Against Property in Indore: Application Process

Loan Against Property in Indore: Application Process

Step 1: Visit the Bajaj Housing Finance website

Step 2: Navigate to the Loan Against Property section of the website

Step 3: Fill the Loan Against Property application form by providing the following details:

  • Full Name 
  • Mobile Number
  • Employment type (Salaried, Self-Employed or Self-Employed Doctors)
  • Net Monthly Salary / Income
  • PIN Code
  • Required Loan Amount

Step 4: Submit the application form

A representative from Bajaj Housing Finance will get in touch with you within 24 hours* for further processing, such as documentation and verification.

*Terms and Conditions apply

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