Overview of a Loan Against Property in Nasik
Situated in the state of Maharashtra, on the banks of river Godavari, Nasik is one of the fastest-growing cities in India. It has been a major industrial centre known for its automobile, engineering and manufacturing industries, making it an opportune time to expand your business or establish a start-up.
Starting a new business requires funds, and with a Loan Against Property with Bajaj Housing Finance, you can secure substantial funds at a competitive interest rate to meet big-ticket expenses such as home renovation or business expansion.
Features and Benefits of a Loan Against Property in Nasik
Sizeable Loan Amount
Whether it is for business expansion or home renovation, get a property loan of Rs.5 Crore* or more from Bajaj Housing Finance, basis eligibility.
End-Use Flexibility
We offer property loans with flexible fund usage. Whether you want to start a business, renovate your home, or consolidate your debts, you can use the funds as needed to meet your financial goals.
Competitive Interest Rates
Our competitive property loan interest rates starting from 9.40%* for salaried applicants ensure manageable EMIs.
Long Repayment Tenor
Since a property loan is a long-term commitment, Bajaj Housing Finance provides borrowers with a long repayment tenor stretching up to 17 years. This gives borrowers ample time to plan and repay their loans easily.
Balance Transfer Facility
By opting for a Loan Against Property Balance Transfer, you not only enjoy the benefits of low-interest rates but also get the chance to avail of a sizable Top-up Loan.
Quick Approval and Disbursal
Once all the documents are verified, you may expect the sanctioned amount to be disbursed into your account within 72 hours*.
Calculate Your Loan Against Property EMI
Repayment Schedule
Eligibility Criteria for a Loan Against Property in Nasik
To apply for a Loan Against Property in Nasik, the following eligibility criteria need to be met:
Salaried Applicants:
- Should be an Indian citizen residing in the country
- Should be between 23 and 60 years** of age
- Should be employed at a public, private, or multinational organisation
- The property to be mortgaged should be in one of the cities we operate in
Self-Employed Applicants:
- Should be an Indian citizen residing in the country
- Should be between 23 and 70 years** of age
- Should have a steady monthly income from the current business enterprise
- The property to be mortgaged should be in one of the cities we operate in
**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.
A property loan eligibility calculator can help potential borrowers check the approximate loan amount they can be eligible for before applying for the loan.
Documents Required for a Loan Against Property in Nasik
For Salaried Applicants
- Aadhaar Card
- PAN Card or Form 60 (mandatory)
- Address proof
- Last 3 months’ salary slips
- ITR documents
- Bank account details of the last 3 months
- Documents of the property to be mortgaged
For Self-Employed Applicants
- Aadhaar Card
- PAN Card or Form 60 (mandatory)
- Address proof
- Bank account details of the last 6 months
- Business vintage proof
- Documents of the property to be mortgaged
Please note that additional documents may sometimes be required for loan processing. Such requirements will be communicated to you by our team.
Loan Against Property in Nasik: Interest Rates, Fees, and Charges
Bajaj Housing Finance offers Loan Against Property interest rates starting from 9.40%* p.a. for self-employed individuals, subject to eligibility criteria. Borrowers are usually required to pay a processing fee of up to 4%.
Steps to Apply for a Loan Against Property in Nasik Online
Follow the given steps to apply for a property loan in Nasik with Bajaj Housing Finance:
- Access our Loan Against Property application form.
- Fill out all the required details
- Generate OTP and proceed to enter property-related details.
- Submit the application form.
Our representatives will verify the documents and evaluate the concerned property. Post verification, the funds will be disbursed in 72 hours*.
Bajaj Housing Finance’s online application process is simple and straightforward. If you are not comfortable applying online, walk into one of our branches and make an application in person.
*Terms and conditions apply.
Bajaj Housing Finance offers Loans Against Property in Nasik with flexible repayment tenors and quick disbursals within 72 hours* after document verification and approval.
Here is an indicative list of documents you need to submit when applying for a Loan Against Property in Nasik based on employment type:
Salaried Individuals:
- Aadhaar Card or Voter’s ID
- PAN Card or Form 60 (mandatory)
- Proof of address
- Salary slips from the last 3 months
- ITR documents
- Bank statements for the past 3 months
- Property-related documents
Self-Employed Applicants:
- Aadhaar Card or Voter’s ID
- PAN Card or Form 60 (mandatory)
- Proof of address
- Bank statements for the past 6 months
- Proof of business vintage
- Property documents for the collateral
You can use our Loan Against Property Eligibility Calculator to estimate the loan amount you can be eligible for when applying for a Loan Against Property in Nasik.
With competitive interest rates starting at 9.40%* p.a. for self-employed applicants, you can avail of a Loan Against Property in Nasik with Bajaj Housing Finance. For a complete list of interest rates, click here.
