Overview of a 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. It has also witnessed an upsurge in commercial investments. Besides its excellent connectivity, the city offers high-quality amenities, safety, and a welcoming environment, improving the quality of living for its residents.
With a strong presence in Jaipur, we provide competitive Loan Against Property interest rates, low monthly payments, and flexible tenures to eligible 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 reducing their total cost of borrowing.
Large Sanction Amount
You can stand to receive a loan amount of Rs.5 Crore* or higher, basis eligibility, giving you an easy solution to your urgent funding requirements.
End-Use Flexibility
Loan Against Property sanctions come with end-use flexibility, which means that you can use the funds to address any business or housing-related expenses. It can also be used for debt consolidation.
Quick Disbursal
Applicants stand to receive the funds within 72 hours* of application approval and documentation verification, helping them address their expenses without delay.
Long-Term Tenure
With us, you can choose a long-term tenure of up to 17 years, allowing you to repay the loan comfortably.
Calculate Your Loan Against Property EMI
Repayment Schedule
Interest Rates, Fees, and Charges on Loan Against Property in Jaipur
Salaried, professional, and self-employed applicants are eligible for a Loan Against Property, provided they meet the required criteria checks. Interest rates on Loans Against Property start as low as 9.40%* p.a. for self-employed 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 avail of the benefits of a Loan Against Property:
- Salaried applicants should be Indian residents who are employed at an MNC or private or public company for a minimum of 3 years.
- Self-employed applicants should be Indian residents with a steady source of income from an enterprise with a vintage of 3 years or more.
- Salaried individuals should be between 23 to 60 years** of age.
- Self-employed individuals should be between the ages of 23 and 70 years**.
- Applicants should ideally have a CIBIL score of 750 or higher.
- The property needs to be located in a city where Bajaj Housing Finance operates.
**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.
Documents Required for a Loan Against Property in Jaipur
Given below is the list of documents*** you need to submit to apply for a Loan Against Property in Jaipur:
For Self-Employed Applicants:
- PAN Card or Form 60 (mandatory)
- Aadhaar Card or Voter’s ID Card
- P&L statement
- Latest ITR
- Property documents
For Salaried Applicants:
- PAN Card or Form 60 (mandatory)
- Aadhaar Card or Voter’s ID Card
- Last 3 months’ salary slips
- Property documents
***This list is indicative. Additional documents may be required during loan processing.
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 enter it when requested.
Step 4: Fill in the required details.
Step 5: 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.
Yes, you can avail of a Loan Against Property in Jaipur with Bajaj Housing Finance. We offer a competitive interest rate, flexible repayment tenure of up to 17 years, and substantial loan amount based on your property’s value. Apply online or visit your nearest branch for a hassle-free process.
The ideal CIBIL score required to apply for a Loan Against Property in Jaipur with Bajaj Housing Finance is typically 750 or higher.
