Loan Against Property in Pune: Overview
Pune is the second-largest metropolis in Maharashtra. The city also boasts the sixth highest per-capita income in India. IT parks, automobile and manufacturing units, start-ups, and educational institutes form the crux of its economy.
While the living costs in Pune are reasonable compared to other Indian metropolitan cities, wedding, medical, and other large-scale expenses can strain your finances. Under such circumstances, you may opt for a Loan Against Property in Pune from Bajaj Housing Finance to tackle financial obligations.
Loan Against Property in Pune: Features and Benefits
Sizeable Loans
Bajaj Housing Finance offers a sizeable loan amounts for salaried and self-employed individuals. A Loan Against Property comes with no end-use restriction at all. This helps you meet multiple monetary commitments easily.
Convenient Repayment
Repay your Loan Against Property with a flexible tenor without putting a dent on your earnings. Eligible applicants can take up to 18 years to repay a mortgage loan from Bajaj Housing Finance.
Hassle-Free Eligibility
Avail of a Loan Against Property from us by complying with easy-to-meet eligibility parameters and submitting a handful of documents.
Doorstep Service
Apply for a Loan Against Property in Pune from the comfort of your home. Submit the essential documents to our representative at your doorstep.
Quick Disbursal
Meet medical and other emergencies without hassle. Receive the funds in account within 72 hours*, thanks to our quick application and approval process.
Top-up Loan with Balance Transfer
Get additional funds over and above the existing loan by transferring your property mortgage loan to Bajaj Housing Finance. Use the sizeable Top-up Loan amount to mitigate various financial obligations since it entails zero usage limitations.
Manage Account Online
Use the online customer portal to manage your loan account conveniently. Track and pay EMIs, make part-prepayments, and more with our simple online portal.
Loan Against Property in Pune: Eligibility Criteria and Documents Required
For Self-Employed
Meet the following criteria to obtain a Loan Against Property if you’re a self-employed individual:
- Should be aged** between 25 and 70 years
- Must be an Indian resident residing in the country
- Must establish a stable income source from the existing business
** The maximum age is considered as age at the time of loan maturity.
The documents self-employed applicants need to present to validate their eligibility are as follows
- Previous 6 months’ bank account statements
- Address proof
- Form 60 or PAN Card
- Copies of to-be-mortgaged property documents
- Title deed documents
- Income proof
Note that this is an indicative list, and our representative might ask for other documents.
For Salaried
Meet the following criteria to obtain a Loan Against Property if you’re a salaried individual:
- Must be aged** between 28 and 60 years
- Must be an Indian resident residing in the country
- Should be employed in an MNC, a private organisation, or a public sector organization
** The maximum age is considered as age at the time of loan maturity.
The documents salaried applicants need to present to validate their eligibility are as follows
- Previous 3 months’ salary slips
- ID proof
- Address proof
- PAN Card or Form 60
- IT returns
- Property documents
Note that this is an indicative list, and our representative might ask for other documents.
Loan Against Property in Pune: How to Apply
Apply for a Loan Against Property by clicking on the online application form and following the steps mentioned below
- Enter personal and employment details
- Provide your income details to get loan offerings suited to your income profile
- Submit the application form
Once the form is submitted, our representative will contact you to proceed with the Loan Against Property application.
Keep the aforesaid documents handy to expedite the verification process and obtain funds in your account at the earliest.
*Terms and conditions apply
