About Loan Against Property in Jaipur
Jaipur, the Pink City of India and the capital city of Rajasthan relies mostly on tourism for its economy. It is also home to a plethora of industries such as mining, gems, automobiles, textiles, and a rapidly growing IT industry. Being one of the major tourist hotspots in India the place is ideal for commercial investment. Jaipur is approximately 235 kilometres from the capital of India, making it a desired location for residential real estate. Besides its excellent connectivity, the city offers high-quality amenities, safety and a welcoming environment, making it an excellent choice for settling in.
With a strong presence in Jaipur, Bajaj Housing Finance provides competitive Loan Against Property interest rates, low monthly payments, and long-term tenors to qualified applicants.
Features and Benefits of a Loan Against Property in Jaipur
Competitive Interest Rates
Eligible applicants can enjoy competitive interest rates on a Loan Against Property and bring down their total cost of borrowing.
Large Sanction Amount
Stand to receive a sum of Rs.5 Crore* or higher, based on eligibility, giving you a no-hassle solution to your urgent funding needs.
End-Use Flexibility
Loan Against Property sanctions come with end-use flexibility, which means that you can use the money for any business or housing-related expenses. It can also be used for debt consolidation.
Quick Disbursal
Applicants stand to receive the funds within 48 Hours* of application approval and documentation verification, helping them address their expenses without delay.
Long Term Tenor
With Bajaj Housing Finance, you can choose a long-term tenor of up to 17 years*, allowing you to repay the loan comfortably.
Interest Rates, Fees and Changes of Loan Against Property in Jaipur
Both salaried and self-employed applicants are both eligible for a Loan Against Property, provided they meet the required criteria checks. Interest rates on Loans Against Property start as low as 10.10%* p.a. for salaried applicants. To know more about our fees and charges, click here. To make the most out of current rates, consider using the Loan Against Property EMI calculator to optimise your chances of getting approved.
Eligibility Criteria for Loan Against Property in Jaipur
Here is a set of eligibility parameters that applicants are required to meet, to unlock the many benefits of a Loan Against Property:
- Indian residents who are employed at an MNC or private or public company (for salaried applicants)
- Must be an Indian citizen with a steady source of income from an enterprise with a vintage of 5 years or more. (for self-employed applicants)
- Salaried individuals should be between 28 to 60 years** of age.
- Self-employed individuals should be between the ages of 25 and 70 years**.
- Should ideally have a CIBIL score of 750 or higher
- The property needs to be located in a city where Bajaj Housing Finance operates
- Should be an Indian citizen (non NRI)
**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.
Steps to Apply for Loan Against Property in Jaipur
You can apply for a property loan using our simple guide:
Step 1: Visit the Loan Against Property Application Form
Step 2: Fill in the application form with the required details such as:
- Full name
- Contact details
- Employment type
- Type of loan
- Monthly income
- PIN code
- Required loan amount
Step 3: Generate the OTP and submit the Application Form
Following the submission of your application form, a representative will contact you within 24 hours* to walk you through the next steps, which include document submission and verification.
*Terms and conditions apply.
