Loan Against Property in Vijayawada: Overview
Located on the banks of River Krishna, Vijayawada is a temple town in Andhra Pradesh. It is one of the major hubs for educational institutions, with students from all over the country choosing to study here.
Seek a Loan Against Property in Vijayawada from Bajaj Housing Finance by mortgaging your property to secure a sizeable amount. You can use the sanction amount to either fund premium education in the city or outside or cover any other financial needs you may have.
Loan Against Property in Vijayawada: Features and Benefits
Balance Transfer and Top-up Benefits
Reduce your interest burden by transferring your existing Loan Against Property. to us and save on your EMIs. Enjoy a sizeable top-up loan and utilise the funds for other housing purposes– above your existing loan sanction.
Simple Eligibility
Meet our simple eligibility requisites to qualify for a sizeable mortgage loan with ease. Use the online Loan Against Property Eligibility Calculator to make your loan application stronger.
Faster Loan Processing
With proper eligibility compliance, we approve the loan application within 24 hours* of document submission.
Easy Document Pick-up
We provide prompt doorstep document pick-up services to make the second leg of your Loan Against Property application smoother and more comfortable for you.
Instant Disbursal
Once the loan has been approved after completing the verification, you may expect the sanction amount to be disbursed into your account within 72 hours* .
Convenient Repayment Options
A Loan Against Property is a long-term liability, and therefore we provide flexibility in repayment. Choose a tenor ranging up to 17 years and ease your repayment responsibilities.
Loan Against Property in Vijayawada: Documents Required
To apply for a Bajaj Housing Finance Loan Against Property, you will need to provide a minimal set of documents:
| Documents Required | Salaried Applicants | Self-Employed Applicants |
|---|---|---|
| Employment Proof | Valid identity card, as provided by the existing employer | Valid document of current business ownership, such as partnership agreements, and registration certificates, amongst others |
| Income Proof |
|
|
Note: Additional documents may be required at the time of loan processing. PAN Card and Form 60 are mandatory documents.
Loan Against Property in Vijayawada: Easy Eligibility Criteria
The Bajaj Housing Finance Loan Against Property Eligibility parameters are easy-to-meet and fulfil:
- Applicants must be residing citizens of India
- Applicants should ideally have a CIBIL score of 750 or higher
- Salaried applicants must be between 28 and 60 years** of age
- Self-employed applicants must be between 25 and 70 years** of age
- Salaried applicants must be employed with a public, private or a multinational organization with a minimum work experience of 3 years
- Self-employed applicants must be able to establish a minimum of 5 years of business continuity in their existing 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.
To simplify the application process, you can also use a Loan Against Property Eligibility Calculator when you prepare to apply.
Loan Against Property in Vijayawada: How to Apply
The process to apply for a Loan Against Property is as easy as it gets with Bajaj Housing Finance. Follow the mentioned steps to finish your application process:
- Visit the online application form and provide your personal, employment, and contact details.
- In the next step, select the location of your property and provide your annual turn-over details.
- After you submit the form, a Bajaj Housing Finance representative will get in touch with you to walk you through the rest of the process, including documentation, shortly. Submit all the necessary documents by opting for the doorstep document pick-up service for a speedy approval – or even in person.
*Terms and conditions apply
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