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Home Loan Starting 6.70%*

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Loan Against Property in Mumbai: Overview

Mumbai is the commercial, financial and economic centre of India. Gateway of India, Elephanta Caves, and Marine Drive are some of the notable tourist destinations of the city.

Obtain a loan against property in Mumbai from Bajaj Housing Finance and address any financial obligation without liquidating your savings.

For more information, check out the details below.

The rising cost of living in Mumbai often leaves no scope for additional expenses. If you are looking for extra funds to finance big-ticket purchases, opt for a loan against property in Mumbai by mortgaging a property.

Since this loan is secured with an asset, the interest rate is affordable and is available as a simple loan against property eligibility criteria. Use the funds to meet any financial requirement like wedding, higher education, debt consolidation, and many more.

Loan Against Property - Features & Benefit

Bajaj Housing Finance extends loans against property in Mumbai to both salaried and self-employed borrowers. Explore the unique features and benefits of this advance -

  • High Loan Value

    Qualify for loan against property Mumbai and get high value loans with proper eligibility.

  • Convenient Tenor

    Our mortgage loan in Mumbai repayment tenor goes up to 18 years for strong candidates, basis eligibility.

  • Disbursal Within 72 hours*

    We ensure the fastest loan processing. Get the sanctioned loan amount within 72 hours* in your bank account, post-approval.

  • Balance Transfer Facility

    Opt for a loan against property balance transfer facility with Bajaj Housing Finance and save on the interest payment. Also, enjoy a substantial top-up loan on the outstanding amount.

  • Fast Processing

    Submit the documents in order and receive loan approval from us within 24 hours*. Keep all the necessary papers handy..

  • Manage Loan Online

    Access our dedicated Bajaj Housing Finance customer portal and keep a tab on the repayment status online anytime, anywhere.

  • Flexi Dropline Facility

    Reduce the EMI payment with our Flexi dropline facility. Pay interest only on the fund utilised or withdrawn from a sanctioned credit limit.

Documents Required for Loan Against Property in Mumbai

We offer a loan against property in Mumbai against minimal documentation. Submit the following to enjoy instant approval.

For Salaried

  • Aadhaar Card/PAN Card
  • Address proof
  • Current salary slips
  • ITR documents
  • Bank account details of the last 3 months
  • Copies of the documents of the property to be mortgaged

For Self-employed

  • Aadhaar Card/PAN Card
  • Address proof
  • Bank account details of the last 6 months
  • Documents related to the property to be mortgaged

Note that this document checklist is just for reference purpose. You may have to present additional documents during the loan processing. Note that this document checklist is just for reference purpose. You may have to present additional documents during the loan processing.

Loan Against Property Eligibility in Mumbai

Check the eligibility for a mortgage loan in Mumbai to avail maximum funds without hassle.

For Salaried

  • Should be an Indian citizen residing in the country
  • Age should range from 28 to 60 years
  • Must be employed at an MNC or public or private enterprise
  • The location of the property to be mortgaged should be Mumbai

For Self-employed

  • Should be aged between 25 and 70 years
  • Must have a steady monthly income
  • Indian citizen living and owning a property in Mumbai

Try to match most of the eligibility parameters to get the best rates on the funds availed.

How to Apply for Loan Against Property in Mumbai?

Choose our loan against property and get the money credited in the account within 72 hours* of approval. Following are the steps to avail a loan against property in Mumbai.

For Salaried

  • Step 1: Open the online application form.
  • Step 2: Fill up details like your name, contact number, type of employment, pin code of the property to be mortgaged, etc., and click on “Generate OTP”.
  • Step 3: Submit the form after authentication.
  • Step 4: Our representative will contact you within a few hours.
  • Step 5: Submit the necessary documents to complete the loan process.

Fulfil any financial obligations with a loan against property in Mumbai and repay it comfortably through affordable monthly instalments.

 

Corporate Office:

Cerebrum IT Park, B2 Building, 5th Floor, Kumar City, Kalyani Nagar,
Pune - 411014, Maharashtra

Email:
wecare@bajajfinserv.in
Phone:  8698010101
 

Bajaj Housing Finance Limited Regd. Office:

Bajaj Auto Limited Complex
Mumbai- Pune Road
Akurdi- 411035, Maharashtra, India.

Corporate Identity Number (CIN):

U65910PN2008PLC132228