Loan Against Property in Pune: Overview
Pune is the second-largest metropolis in Maharashtra. IT parks, automobile and manufacturing units, start-ups, and educational institutes form the crux of its economy. The city's robust infrastructure, diverse job market, and vibrant lifestyle make it an attractive destination for property owners looking to leverage their assets.
Whether you need funds for business expansion or housing expenses, we offer competitive interest rates on Loans Against Property in Pune. This makes it easier to access the capital you need while retaining ownership of your property.
Loan Against Property in Pune: Features and Benefits
Loan Amount of Rs.5 Crore*
Bajaj Housing Finance offers a loan amount of Rs.5 Crore* or more, basis eligibility, for salaried, professional or self-employed individuals. A Loan Against Property comes with end-use flexibility. This helps you meet multiple monetary commitments related to housing or business.
Convenient Repayment
With us, eligible applicants can repay their property loan over a flexible tenor of up to 17.
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
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 loan to us. Use the sizeable Top-up Loan amount to address various housing expenses such as home renovation.
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
For Salaried Applicants
- Indian resident with the age between 23 and 60 years**
- Must be employed at an MNC/public/private firm with at least 3 years of work experience
- The location of the property to be mortgaged should be in Pune
For Self-Employed Applicants
- Indian resident with the age between 23 and 70 years**
- Must have a steady income from the current business with a minimum vintage of 3 years
- The location of the property to be mortgaged should be in Pune
**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.
Loan Against Property in Pune: Required Documents
For Salaried Applicants
- Aadhaar Card, Voter’s ID/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, Voter’s ID/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
Note that this is an indicative list, and our representative might ask for other documents.
Loan Against Property in Pune: How to Apply
Follow the steps mentioned below to apply for a property loan:
- Navigate to ourLoan Against Property application form.
- Enter your name and mobile number.
- Select your employment type and the type of loan you want to avail of.
- Provide details about your monthly income and enter the PIN code.
- Enter the required loan amount and proceed to generate the OTP.
- After entering the OTP, fill in the required details in the form.
- Lastly, submit the application form.
Once the form is submitted, our representative will contact you to proceed with the Loan Against Property application.
Keep the required documents handy to expedite the verification process and obtain funds in your account at the earliest.
*Terms and conditions apply.
