Loan Against Property in Vadodara: Overview
Located on the banks of the River Vishwamitri, Vadodara is more popularly known as Baroda. It is a cosmopolitan city in Gujarat, renowned for its abundant offerings of educational and career opportunities.
Residents seeking for substantial financing can opt for Loans Against Property in Vadodara. The Bajaj Housing Finance Loan Against Property can help address your big-ticket expenses with ease. Learn more about its several features and benefits to maximise its usability.
Loan Against Property in Vadodara: Features & Benefits
Flexibility in Repayment
A Loan Against Property from Bajaj Housing Finance comes with a tenor of up to 18 years. Repay the debt comfortably without compromising other financial needs.
Instant Approval
With the right eligibility and documentation, we take only 24 hours* to approve Loans Against Property (post documents submission).
Easy-to-Meet Eligibility
Meet only a few basic eligibility parameters to qualify for a Loan Against Property with competitive interest rates.
24/7 Online Management
Visit our online customer portal and view loan details, repayment schedule, and other details about your account anytime, anywhere.
Balance Transfer and Top-up Loan
Transfer your loan balance to Bajaj Housing Finance and stand a chance to avail of a lower interest rate and subsequently pay lower EMIs. We also offer a sizable top-up loan while sanctioning a balance transfer application.
Online Calculators
Calculate your monthly instalments easily with our Loan Against Property EMI Calculator. The calculator also tells you about the maximum eligible loan amount.
Loan Against Property in Vadodara: Documents Required
Keep the necessary documents ready for faster loan approval. The short documentation speeds up the loan disbursal process.
| Document Type | For Salaried Individuals | For Self-employed Individuals |
|---|---|---|
| Identity and address proof | Aadhaar Card, Voter ID, Passport, PAN Card, Driving License, Utility Bills, Photo identity card and /or address proof | Same as salaried individuals |
| Income proof |
|
|
| Employment proof | Employment Identity Card issued by Employer | Proof of business ownership documents, such as registration certificate and partnership agreement |
| Property documents |
|
|
Note: This list is indicative. Additional documents may be needed during loan processing.
Loan Against Property in Vadodara: Eligibility Criteria
Besides documentation, meeting the Loan Against Property eligibility criteria is also necessary. It helps secure the most competitive interest rates and other benefits.
Salaried and Professionals
- Age should range from 28 to 60 years**
- Should be a residing citizen of India
- Should be working at an MNC or any public/private firm
- A minimum 3 years of work experience is required
Self-Employed
- Age should be 25 to 70 years**
- Must be a residing citizen of India
- Should have a steady income from the current business
- The business should have minimum 5 years of vintage
** The maximum age is considered as age at the time of loan maturity
Loan Against Property in Vadodara: Step by Step Guide
The online application process for a Loan Against Property is straightforward and comprises only a few steps:
- Go to Loan Against Property online application form
- Enter details such as name, age, address, date of birth, and other basic details
- Enter income and property location details
- Submit the form
On receiving the form, our representative will contact you and initiate loan processing. After document and property verification, we will disburse the loan amount.
*Terms and conditions apply
