2.5 Crore Loan Against Property _Banner_WC

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2.5 Crore LAP_WC

Overview of a Loan Against Property of up to Rs.2.5 Crore

A Loan Against Property is a viable financial tool to secure funds by pledging your commercial or residential property as a collateral. If you are planning to avail of a Loan Against Property of up to Rs.2.5 Crore, consider opting for Bajaj Housing Finance. We offer a substantial sanction based on your eligibility, a flexible tenure of up to 17 years, and quick disbursal for a hassle-free experience.

Features and Benefits of a Loan Against Property_WC

Features and Benefits of a Rs.2.5 Crore Loan Against Property

Competitive Interest Rate

Salaried, self-employed, and professional individuals can benefit from attractive interest rates with Bajaj Housing Finance.

Sizeable Sanction

Based on your financial profile and Loan Against Property eligibility, you can secure a sizable sanction to expand your business, consolidate your debt, or renovate your home.

Long-Term Tenure

With Bajaj Housing Finance, you can enjoy a convenient repayment structure, which allows you to repay your loan over a period of 17 years.

Quick Disbursal

A property loan allows you to address urgent financial needs. We ensure disbursal within 72 hours* after your documents are verified.

Documents Required for Loan Against Property_WC

Documents Required for a Rs.2.5 Crore Loan Against Property

When applying for a Loan Against Property with Bajaj Housing Finance, you need to submit a few documents. Having the necessary documents ready will not only help you get approved quickly but will also provide you with a hassle-free experience.

Salaried Applicant

  • Identification Proof: Aadhaar Card, Passport, Driving License, and Voter ID card
  • Mandatory Documents: PAN Card or Form 60
  • Address Proof: Utility bills (water, gas, or electricity), Ration Card, and Property Tax Receipt
  • Employment Proof: Employment Certificate and Company ID Card
  • Income Proof: Latest salary slips, banking statements for the past 3 months, Income Tax Returns
  • Property Documents: Photocopy of document property that you are looking to mortgage.

Self-Employed Applicant

Identification proof, address proof, mandatory documents, and property documents remain the same for both salaried and self-employed applicants.

  • Business Proof: Partnership Agreement, Registration Certification, Memorandum of Association, and Article of Association
  • Income Proof: Company banking statements for the past 6 months, Income Tax Returns, Balance Sheet, and Profit and Loss Statements

Note: This list is indicative. Additional documents may be required at the time of loan processing. These requirements will be communicated to you in advance.

Eligibility Criteria for a Loan Against Property_WC

Eligibility Criteria for a Rs.2.5 Crore Loan Against Property

You need to meet our eligibility criteria to be able to apply for a Loan Against Property. The eligibility criteria differ based on your employment type.

Salaried Applicants

  • The applicant must be an Indian citizen living in a city where Bajaj Housing Finance operates. 
  • The applicant must be between 23 and 60 years** of age.
  • The applicant must have at least 3 years of work experience either at an MNC, or a public or private sector company.

Self-Employed Applicants

  • The applicant must be an Indian citizen living in a city where Bajaj Housing Finance operates. 
  • The applicant must be between 23 and 70 years** of age.
  • The business vintage of an applicant must be at least 3 years with consistent income.

**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.

Apply for Loan Against Property_WC

Steps to Apply for a Rs.2.5 Crore Loan Against Property

You can apply for a Loan Against Property from our website or by visiting the nearest Bajaj Housing Finance branch. Follow these steps to understand how you can apply online today:

  1. Visit the Loan Against Property application form.
  2. Enter the required details such as your name and contact details.
  3. Select your employment type and loan type.
  4. Enter your net monthly income if you are a salaried applicant.
  5. Enter the PIN code and the required loan amount.
  6. Click on 'Generate OTP'.
  7. Enter the OTP and proceed to fill in your financial details.
  8. Click on 'Submit' to submit the form.

After you submit your application, a customer representative from Bajaj Housing Finance will contact you within 24 hours* to walk you through the next steps related to documentation and verification.

*Terms and conditions apply.

Add FAQ (loan-against-property-up-to-2.5-crore)

Simplify your calculations with our property loan EMI calculator and estimate the EMIs for a Rs.2.5 Crore Loan Against Property. Enter the loan amount, preferred repayment tenure, and applicable interest rate to view your approximate EMI.

No, you need to mortgage a residential or commercial property to avail of a Rs.2.5 Crore Loan Against Property.

You can avail of a Loan Against Property of Rs.2.5 Crore with Bajaj Housing Finance by following the simple steps given below:

  1. Access our Loan Against Property application form.

  2. Fill in your personal details as required, such as your name and mobile number.

  3. Select your employment type.

  4. Select the loan type you wish to avail of.

  5. Enter the required loan amount and the PIN code.

  6. Enter property-related details.

  7. Generate OTP and enter it.

  8. Submit the application form.

Once you submit the form, our representative will contact you within 24 hours* and take you through the next steps, including document verification.

Your eligibility for a Rs.2.5 Crore Loan Against Property is determined by factors such as your credit score, income, age, and nationality, among others. If you have a CIBIL score of 750 or above, you stand a better chance of securing a favourable interest rate.

2.5 Crore Loan Against Property _RAS_WC

2.5 CR Loan Against Property _PAC_WC

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