Overview of a Loan Against Property in Trivandrum
Trivandrum is the capital of Kerala, and at the forefront of IT and ITES development. Trivandrum is also well-known for its cultural heritage and is home to institutions such as the University of Kerela and the India Institute of Space Science and Technology (IIST).
Residents of the city have to look no further than Bajaj Housing Finance for their funding needs, as we offer Loan Against Property at an attractive interest rate and other benefits.
Features and Benefits of a Loan Against Property in Trivandrum
Competitive Interest Rates
Aspiring Loan Against Property borrowers can avail of sizeable sanctions, starting as low as 9.40%* p.a. (for salaried applicants).
Speedy Disbursement
Eligible applicants can expect to receive their loan sanctions in their bank accounts in as little as 72 hours* from the time of loan approval and document submission and verification.
Repayment Flexibility
With Bajaj Housing Finance, you can repay your Loan Against Property over a flexible tenure of up to 17 years. This ensures easy loan repayment through manageable EMIs as per your financial capability.
Calculate Your Loan Against Property EMI
Repayment Schedule
Documents Required for a Loan Against Property in Trivandrum
We require minimal documents to process your Loan Against Property in Trivandrum. You need to submit the following documents based on the nature of your employment:
For Self-Employed Applicants
- KYC documents such as Aadhaar Card or Voter ID
- Mandatory documents (PAN Card or Form 60)
- Profit & Loss statement
- Latest Income Tax Return (ITR)
- Property-related documents
For Salaried Applicants
- PAN Card or Form 60 (mandatory)
- Aadhaar Card or Voter ID
- Salary slips for the last 3 months
- Property-related documents
Note that this list is indicative.
Eligibility Criteria for Loan Against Property in Trivandrum
Applicants looking to apply for a Loan Against Property should meet the minimum eligibility criteria to increase the chances of hassle-free and quick approvals.
| Eligibility Criteria | Salaried Applicants | Self-Employed Applicants |
|---|---|---|
| Nationality and Citizenship | Applicants should be residing Indian citizens with a property located in a city we operate in | Applicants should be residing Indian citizens with a property located in a city we operate in |
| Age | Applicants must be aged between 23 to 60 years** | Applicants must be aged between 23 to 70 years** |
| Employment Record | Applicants should be employed by a public/private firm or an MNC for at least 3 years | Applicants should have a vintage of at least 3 years at their current business |
**The upper age limit 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.
Steps to Apply for a Loan Against Property in Trivandrum Online
Applying for a Loan Against Property with Bajaj Housing Finance is easy. Follow the steps given bellow:
- Visit our Loan Against Property application form.
- Fill in your personal details such as your name and phone number.
- Select the type of employment.
- Select the loan type you wish to avail of.
- Enter your net monthly income, PIN code, and the required loan amount.
- Generate OTP and enter it once you receive it.
- Proceed to fill in the financial and property-related details.
- Submit the application form.
Once you have submitted the form, a customer representative from Bajaj Housing Finance will get in touch with you for further documentation and processing.
*Terms and Conditions apply.
If you are looking to leverage your property to meet a business or housing-related requirement, Bajaj Housing Finance offers quick disbursal within 72 hours* after the documents are verified.
The documents required to apply for a Loan Against Property in Trivandrum are:
For Salaried Applicants
- Aadhaar Card, Voter ID, PAN Card, or Form 60 (mandatory)
- Proof of address
- Salary slips for the last 3 months
- Income Tax Return (ITR) documents
- Bank statements for the last 3 months
- Property documents for the mortgage
For Self-Employed Applicants
- Aadhaar Card, Voter ID, PAN Card, or Form 60 (mandatory)
- Proof of address
- Bank statements for the last 6 months
- Proof of business vintage
- Property documents for the mortgage
Note: This is a tentative list. Additional documents may be requested by our representative.
You can calculate your eligibility for a Loan Against Property in Trivandrum by using our housing loan eligibility calculator. With only a few inputs, such as your city of residence, date of birth, monthly income, and obligation, it calculates the loan amount you can be eligible for instantly.
Applying for an online Loan Against Property in Trivandrum with Bajaj Housing Finance offers ease and convenience. You can apply for a loan from the comfort of your home, enjoy quick disbursal, and benefit from a competitive interest rate.
