Loan Against Property of up to Rs.1 Crore
A Loan Against Property is one of the most popular methods of obtaining a substantial amount of financing in a short period of time, which can assist you in dealing with any major expense. The money you receive has no end use restrictions, making it ideal for unforeseen personal expenses.
You can obtain a Loan Against Property by pledging your existing commercial or residential property as collateral with Bajaj Housing Finance and receiving a sizeable sanction at an affordable interest rate and long-term tenor that lasts up to 18 years, which can help you repay the loan in a comfortable manner while also lowering your monthly instalments.
Features or Benefits of a Loan Against Property

Affordable Interest Rate
Bajaj Housing Finance offers loans with modest interest rates to salaried and self-employed applicants. A salaried applicant's interest rate begins at 10.10%* p.a., while a self-employed applicant's interest rate begins at 9.75%* p.a.

Sizeable Sanction
Borrowers may be eligible for a large sanction of Rs.5 Crore* or more, depending on their eligibility. Other factors include the borrower's profile and the property being mortgaged.

Quick Disbursement
Bajaj Housing Finance can disburse funds within 72 hours* of receiving your documentation, making it ideal for urgent financial needs.

Long Term Tenor
Enjoy convenient repayment with the option of a tenor of up to 18 years.

No End-Use Restrictions
The money that you receive does not have any end-use restrictions which means that you may use the funds for any sort of personal experience such as travel expenses, children’s education, business expansion, property renovation, or even debt consolidation.

Zero Pre-Payment and Foreclosure Charges
Borrowers who have opted for a floating interest rate are not required to pay any additional prepayment or foreclosure charges.
Eligibility Criteria for Rs.1 Crore Loan Against Property:
The eligibility criteria for a property loan are very simple, and borrowers must meet the minimum eligibility criteria to obtain a Loan Against Property. By meeting all the eligibility criteria, borrowers can increase their chances of getting approved quickly and easily. The eligibility criteria differ based on employment type: Salaried and Self-Employed
1.Salaried and Professional Applicants
- The applicant must be between the ages of 28 to 58** years.
- The applicants must have worked for at least 3 years for a public or private firm or an MNC.
- The applicants must be residing Indian citizens with property in a city where we operate.
2.Self-Employed Applicants
- The applicant must be between the ages of 25 to 70** years.
- The applicants must have at least 5 years of experience in their current business.
- The applicants must be residing Indian citizens with property in a city where we operate.
**Note that the maximum age limit is the age at the time of loan maturity.
Interest rates and fees for Loan Against Property up to 1 Crore
For salaried and professional applicants, the Bajaj Housing Finance Loan Against Property interest rate starts at just 10.10%* per annum. You can not only benefit from the affordable interest rates but also the sizeable loan sanction amount, long term tenors, and quick disbursement within 72 hours* from document submission.
For a complete list of interest rates, please click here.
What Are the Steps to Apply for Rs.1 Crore Loan Against Property?
The process of applying for a Property Loan is simple and straightforward and Bajaj Housing Finance has made the process even simpler so that even a layman is able to apply without any hesitation. Here is how you can apply for a Loan Against Property.
Step 1: Visit our website.
Step 2: Navigate to the Loan Against Property section of the website.
Step 3: Upon being redirected to the LAP Application Form you will be required to fill in the necessary details such as:
- Full Name
- Contact Number
- Employment Type (Salaried, Self-Employed, or Self-Employed Professional)
- Type of Loan (Fresh or Balance Transfer)
- Net Monthly Salary
- PIN Code
- Required Loan Amount
Step 4: Click on Generate OTP.
Step 5: Enter the OTP sent to your registered mobile number and submit the application form.
Within 24 hours*, a customer representative from Bajaj Housing Finance will contact you to walk you through the next steps, such as verification and documentation.
*Terms and conditions apply.