Loan Against Property in Surat: Overview
Surat, one of the most well-known cities in Gujarat, is popular for being the largest diamond producer in the world. This city supplies about 90% of the world’s diamonds, both cut as well as polished. It is also a hub of the textile industry along with other IT and several multinational companies, making it a desirable location for real estate.
Bajaj Housing Finance offers Home Loans and Loans Against Property in Surat at competitive interest rates. Our Loan Against Property can be utilized to meet multiple financial requirements, like, consolidating existing debts, financing business requirements or housing expenses.
Loan Against Property: Features and Benefits
Fast Processing
Enjoy quick approval post document submission. Keep the documents ready before applying to minimise loan processing time.
Immediate Disbursal
With proper eligibility and the right documentation, we disburse the loan amount within 72 hours* of approval. Start using the funds to address your financial emergencies without any delay.
Doorstep Services
Enjoy doorstep document collection service when you apply for a Bajaj Housing Finance Loan Against Property. Our representative will collect your documents from home or workplace.
Simple Eligibility Criteria
Fulfil only a few easy-to-meet Loan Against Property eligibility criteria and avail of a sizeable amount from us.
Convenient Repayment Tenor
You can manage your monthly expenses easily with a flexible repayment tenor with Bajaj Housing Finance. The repayment tenor can be extended up to 17 years, basis eligibility.
Loan Against Property in Surat: Documents Required
A Loan Against Property from Bajaj Housing Finance entails minimal paperwork. It ensures faster loan approval and disbursal. Keep these necessary documents*** ready before applying.
| Document Type | For Salaried Individuals | For Self-Employed Individuals |
|---|---|---|
| Identity and address proof |
| Same as salaried individuals. |
| Mandatory Documents |
|
|
| Employment proof | Employer issued identity card | Documents of business ownership such as registration certificate and partnership agreement. |
| Income proof |
| Financial documents such as
|
| Property documents | Title Deed, and Property Tax Receipt, among others | Same as salaried individuals. |
Note: This list is only indicative. More documents may be requested upon verifying your profile.
Loan Against Property in Surat: Eligibility Criteria
To avail a Loan Against Property in Surat, both salaried and self-employed individuals must meet the following eligibility criteria:
- Must be an Indian citizen (residents only)
- Must be between 28 and 60 years of age**
- Must be a working professional at a public, private, or a multinational organisation with a minimum work experience of 3 years
For Self-Employed Applicants
- Must be an Indian (residents only)
- Must be between 25 and 70 years of age**
- Must maintain a steady income from the current business, which should have a minimum vintage of 5 years
** The maximum age is considered as the age at the time of loan maturity. Additionally, the upper age limit for applicants is subject to change, depending on the property profile.
For a better understanding, use our Loan Against Property Eligibility Calculator, and check the maxi-mum loan value you can get.
Loan Against Property in Surat: How to Apply
Follow these steps to apply for a Loan Against Property with Bajaj Housing Finance.
- Go to the online application form
- Enter details such as date of birth, name, age, address, and contact details
- Input income details
- Submit the form
After submitting the online form, our representative will contact you for further steps.
*Terms and conditions apply
