Loan Against Property in Raipur: Overview
Raipur, the capital of Chhattisgarh, is a major commercial hub for trade and commerce in Central India. It is ranked as the 6th cleanest city in India and 7th in terms of ‘ease of living’ according to a report. The city is abundantly rich in mineral resources and is among the biggest producers of Steel and Iron in the country. This has led to people investing in the real estate sector here. So, if you have a property in Raipur and need money for business or personal use, you can leverage your property to arrange for money through a Loan Against Property.
A Property Loan is a secured loan where money is borrowed by mortgaging a residential or commercial property. Loans Against Property are cheap in terms of interest rate and the money comes with zero end-use restrictions. If you are looking to avail of a Loan Against Property in Raipur, choose Bajaj Housing Finance.
Loan Against Property in Raipur: Features and Benefit

Competitive Interest Rates
Avail of interest rates as low as 10.10%* p.a. on Property Loans if you’re an eligible salaried or professional individual.

Basic Eligibility Requirements
We offer Property Loans with easy eligibility criteria. Most applicants can easily meet our property loan eligibility and achieve quick loan approval.

Zero End-Use Restrictions
Property Loans can be used as working capital, funds for business expansion or other funds come with zero end-use restrictions and borrowers can use the money as they please.

Easy Documentation and Quick Approval
A Loan Against Property in Raipur requires minimal paperwork. We are known for our hassle-free documentation process, which also ensures quick approval.

Quick Disbursal
A Loan Against Property allows borrowers to have quick access to funds, which is a big advantage especially during a financial crisis. With us, a borrower can expect loan disbursal within 72 hours* of document submission and verification.

Flexible Loan Tenor
A flexible loan repayment tenor stretching up to 18 years ensures affordability in the long run.

Availability of Flexi-loan Facility
We allow eligible borrowers to avail of funds as many times as they want from a pre-sanctioned loan amount and pay interest only on the borrowed amount. This helps them reduce their total interest outgo in the long run.
Loan Against Property in Raipur: Eligibility Criteria
The following eligibility criteria must be fulfilled by applicants wanting a Property Loan from Bajaj Housing Finance.
Self-Employed Applicants
- Must be an Indian citizen
- At the time of loan maturity, the borrower must be aged between 25 and 70** years
- The borrower must be able to show at least 5 years of business continuity
- Their CIBIL score must be over 750
- The mortgaged property against which the loan is being availed of should be owned by the borrower
Salaried Applicants
- Must be a citizen of India
- At the time of loan maturity, the borrower must be aged between 28 and 60** years
- Minimum 3 years of work experience in a reputed company is mandatory
- The applicant must have a CIBIL Score of 750 plus
- The applicant must be the rightful owner of the property they wish to mortgage
**The upper age limit is considered as age at the time of loan maturity. Additionally, the upper age limit for salaried applicants is subject to change, depending on the property profile.
Loan Against Property in Raipur: Documents Required
Here are the documents you must keep handy with you if you wish to avail of a Loan Against Property from Bajaj Housing Finance.
Self-Employed Applicants:
- Borrower’s Aadhar Card or Voter ID Card
- Profit & Loss Statement for the last couple of years
- Income Tax Return Certificate of the borrower
- Original Property Documents of the property used as collateral
Salaried Applicants:
- Voter’s ID Card, Aadhar Card of the salaried applicant
- Latest salary slips
- Original Property Documents of the property used as collateral
Please note that this is not an exhaustive list and our team members may require additional documents for loan processing. These requirements, if any, will be communicated to you by our team.
Loan Against Property in Raipur: How to Apply
Availing of a Property Loan from Bajaj Housing Finance is easy and does not require any special skill. Just follow these steps:
- Go to Bajaj Housing Finance’s website and open the loan against the property application form
- Next, fill in basic few personal details along with the loan details
- Click on generate OTP
- Click on Submit
Once you submit the form, a Bajaj Housing Finance representative will connect with you and explain the rest of the process. Alternatively, you can also make an application in person by visiting one of our branches.
*Terms & conditions apply.