Easy credit can several avenues for individuals who seek urgent financing options for various needs. One can select from several types of credit schemes such as a secured or unsecured loan based on their preferences and need. To make the most of one’s credit requirement, aspiring borrowers should understand the difference between each loan option and its implications. For instance, personal loans are unsecured loans while a Loan Against Property (LAP) is an example of a secured loan. Unsecured loans can be used for a wide array of personal and business commitments, whereas, LAP comes with end-use flexibility and can be used to meet any housing or business related requirements. It can also be used for debt consolidation and comes with a long repayment tenor.
What are Collateral-Free Loans?
Unsecured loans including personal loans, auto loans, and business loans do not require you to place any high-value asset such as real estate and gold as collateral. Hence, they are often referred to as collateral-free loans. This type of loan comes at a higher rate of interest and has a shorter repayment tenor as compared to secured loans such as a Loan Against Property, which is obtained by mortgaging a residential or commercial property. Therefore, it is also known as a property loan or mortgage loan.
If you have an impressive credit history and are assured of making timely repayments, a Loan Against Property can be a worthwhile financial solution. It can fetch you high-value funding at relatively lower interest rates than any other loan. If one plans for the LAP according to the repayment schedule, placing your property as security can be an option to utilise your asset to generate quick funds.
Read Also: Top Benefits of Loan Against Property Over Collateral-free Loans
Benefits of a Loan Against Property Over a Collateral-Free Loan
Due to its secured nature, a Loan Against Property comes with several advantages that can help borrowers in the following manner:
1. Get a Substantial Loan Principal
When you take up a mortgage loan, a property that you own has to be pledged as collateral. After running a series of mandatory checks on an applicant’s credit profile and his/her mortgaged property, lenders sanction a loan amount depending on the property’s current market valuation. This ratio often depends on various factors such as the type of pledged property, its location, age, amenities, infrastructure and accessibility. As compared to loan amounts offered on a collateral-free loan, the loan principal obtained against a property loan is larger which can help to meet any substantial financial need.
2. Obtain Lower Rates of Interest
A Loan Against Property is a secured loan. It comes with a lower interest rate, which brings down your interest outgo. A reduced loan interest aids in easier repayments. In contrast, you cannot enjoy similar benefits when you opt for collateral-free loans as lenders may charge higher rates of interest.
3. Repay over a Longer Tenor
One of the major benefits of a property loan is that you can repay it over an extended duration as compared to unsecured loans. Depending on the maximum tenor offered by your lender, you can choose a timeframe that lets you pay lower EMIs as per your convenience. This can help when one has to repay a big sum of money.
A longer tenor coupled with a low interest rate renders mortgage loans as a convenient and cost-effective credit solution. Generally, a Loan Against Property can be availed for up to 17 years while unsecured loans may have repayment tenors of up to 5 years. So, if one obtains a high loan amount, a shorter tenor may raise the EMIs.
Also Read: Pick the Right Loan Against Property Tenor
4. Enjoy Tax Benefits on Loan Interest Payments
Another feature of a property loan is that it allows you to get tax deductions on your loan interest payouts. It is important to note that these exemptions apply only if you use the borrowed funds for specific requirements. Given below are two sections of the Indian Income Tax Act, 1961 under which one can enjoy substantial benefits on a Loan Against Property:
- Section 37- As per Section 37 (1) of the ITA, borrowers can get a deduction when they use a Loan Against Property for business purposes. It gives you taxation rebates on the interest paid and the processing fees incurred as professional expenses.
- Section 24- If borrowers utilise the loan money to buy a residential property, they are entitled to tax benefits under Section 24 (b) up to a maximum limit of Rs. 2 lakh. However, while claiming these reductions, one has to furnish substantial proof concerning the use of loan funds in this respect.
Also Read: How to Avail of Tax Benefits on a Loan Against Property
5. Handle High-End Expenditures Easily
A Loan Against Property offers a substantial loan amount at low interest rates over an extended repayment period. This helps borrowers manage their big-ticket financial commitments such as housing and business expenses efficiently. At certain times, one may need funds for home renovations, business expansion, or debt consolidation. This is when a substantial loan amount can help. However, it is advisable to borrow only what is needed. When you plan for the loan prudently with the appropriate loan amount, your EMI repayments may not get compromised during the loan tenor.
Summing Up
The merits of a Loan Against Property over the collateral-free alternatives can make it a favoured choice among loan borrowers. Unsecured loans have numerous eligibility terms that one must fulfil; whereas, secured options such as a property loan entail minimal documentation and simple eligibility criteria.
Over and above these advantages, if you find a lending institution that tenders other additional features and add-on benefits, it can boost your overall credit experience. Before you apply for a LAP, check for pre-approved offerings to get customised loan deals and ensure a hassle-free application process. With the right planning and adequate groundwork, a Loan Against Property can prove useful in managing your funds adeptly to meet your financial requirements.
DISCLAIMER:
While care is taken to update the information, products, and services included in or available on our website and related platforms/websites, there may be inadvertent errors or delays in updating the information. The material contained in this website and on associated web pages, is for reference and general information purposes, and the details mentioned in the respective product/service document shall prevail in case of any inconsistency. Users should seek professional advice before acting on the basis of the information contained herein. Please take an informed decision with respect to any product or service after going through the relevant product/service document and applicable terms and conditions. Neither Bajaj Housing Finance Limited nor any of its agents/associates/affiliates shall be liable for any act or omission of the Users relying on the information contained on this website and on associated web pages. In case any inconsistencies are observed, please click on contact information.
Trending Articles
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+5.webp/46f8a673-b577-5d5c-dff1-728cf51c8374?version=1.0&t=1660719632288null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
A Guide to Loan Against Property for Doctors2022-06-27 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-27.jpg/b9f6572f-5521-a4fc-ddae-2002adc4440e?version=1.0&t=1691386974794null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Understanding Loan-to-Value Ratio (LTV) and its Calculation2023-11-28 | 4 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-30.jpg/df2da7bb-af05-dddb-c2d1-d835b061e9c0?version=1.0&t=1691386975204null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
3 Different Loan Against Property Types You Should Know About2024-02-13 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-33.jpg/0d960eec-725e-5132-a062-c8a3f195917d?version=1.0&t=1690869407101null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Loan Against Property for Doctors: Interest Rates and Charges2023-11-24 | 6 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-34.jpg/7545545f-13d3-bbd5-8e6a-fb87bc6d406e?version=1.0&t=1690869407818null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Why Loan Against Property Can be a Good Credit Option for a Startup Business?2023-12-22 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
A Complete Guide to Check Credit Score Easily for Free2024-05-02 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-112.jpg/e80f3a23-f8ba-5689-a60b-a754aea66c8d?version=1.0&t=1690395071172null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Difference Between Home Loan and Personal Loan: Which is better?2024-03-04 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
6 Smart Tips to Increase Your Home Loan Eligibility2024-06-27 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
5 Essential Things You Need for a Home Loan Approval2024-05-08 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
7 Benefits of Taking a Home Loan in India2024-06-19 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-86.jpg/78c8f4a0-be4a-ccfd-8f4e-e4d7a373ee0e?version=1.0&t=1690869420272null&download=true)
cibil Cibil
[N][T][T][N][T]
What's Considered a Healthy Credit Mix?2024-06-11 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-12.jpg/9c4be5ca-a256-1312-ae42-8fa2d0cb9752?version=1.0&t=1680758736598null&download=true)
home+loan Home Loan
[N][T][T][N][T]
All About Home Loan Balance Transfers2024-06-04 | 4 mins
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-1.jpg/d2798db1-884e-d7da-a823-59d8afe95ccc?version=1.0&t=1680758614142null&download=true)
cibil Cibil
[N][T][T][N][T]
What Distinguishes CIBIL Score from CIBIL Report?2024-04-11 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Is Home Loan Eligibility and How Is It Calculated2024-07-11 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How Does Being A Loan Guarantor Affect Your Credit Score?2023-03-23 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-153.jpg/0d5d00d1-167b-a60d-f84c-744878bc9281?version=1.0&t=1691386984944null&download=true)
cibil Cibil
[N][T][T][N][T]
What is Credit Mix and How to Boost Your Credit Score?2023-03-27 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Will a Loan Settlement Ruin My CIBIL Score?2023-03-21 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
How can I Remove Loan Inquiry from CIBIL Credit Report2024-01-22 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-63.jpg/a2064d73-04dd-b64f-b8fb-8e1f046c7485?version=1.0&t=1685941983281null&download=true)
cibil Cibil
[N][T][T][N][T]
Does CIBIL Score Affect Loan Against Property Eligibility?2023-02-15 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How To Improve CIBIL Score After A Payment Default?2023-03-29 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-108.jpg/acdda18b-4ec5-7485-e411-889e8eec7d9e?version=1.0&t=1690395072700null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Everything You Need to Know About Top-up Loans on a Home Loan2024-04-09 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-41.jpg/47921c8b-be21-9c4e-13dd-8abd3ee7bbd9?version=1.0&t=1690869409608null&download=true)
cibil Cibil
[N][T][T][N][T]
What Is a Good Credit Score for a Home Loan?2022-12-28 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+2.webp/9bce1476-bc9f-5771-382b-2f64b1668cf5?version=1.0&t=1660719631404null&download=true)
cibil Cibil
[N][T][T][N][T]
Things That Can Go Wrong with Your CIBIL Report2023-03-15 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+2.webp/9bce1476-bc9f-5771-382b-2f64b1668cf5?version=1.0&t=1660719631404null&download=true)
cibil Cibil
[N][T][T][N][T]
How a Good CIBIL Score Can Help You Celebrate the Festive Season Better2024-03-19 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-48.jpg/7cad495a-b166-1108-8722-05e87b87d18d?version=1.0&t=1690869412202null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Get a Better Interest Rate on Your Home Loan2024-01-04 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
How Can Your CIBIL Score Help in Negotiating Better Home Loan Deals2023-05-18 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Get a Home Loan Without Visiting Branch: A Step-by-Step Guide2024-03-20 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-9.jpg/2aebdaed-600e-17a6-bd65-f8ad1edf01ce?version=1.0&t=1680758616610null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Complete Guide to Securing a Attractive Interest on Home Loans2024-01-23 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-92.jpg/885b9f30-8830-105a-028c-4b3645d5d8de?version=1.0&t=1690869421738null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Understanding the Fees and Charges on Your Loan Against Property2024-02-16 | 8 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Here’s What You Can Do to Improve Your CIBIL Score2023-03-16 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-4.jpg/dd6fa2d4-5c4e-594c-dab9-226e8623b8df?version=1.0&t=1680758615265null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Home Loan Refinancing: What, Why, and Things to Remember2024-06-17 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
How to Avail of Tax Benefits on a Loan Against Property2024-06-13 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Top 10 Reasons For Low CIBIL Score & How To Improve It2024-03-01 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
home+loan Home Loan
[N][T][T][N][T]
5 Great Ways Women Can Benefit from Taking a Housing Loan2024-01-16 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-128.jpg/6d785cfd-1bf0-c4d6-88f1-f25b579c726e?version=1.0&t=1691386978870null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Top Benefits of a Loan Against Property Over Collateral-Free Loans2024-01-09 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-72.jpg/02b7d16c-54a7-29f5-497c-ece5b5c17064?version=1.0&t=1685941985070null&download=true)
cibil Cibil
[N][T][T][N][T]
Five Reasons Why a Bad Credit Score Could Lead to Loan Rejection2024-01-22 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How Does Your Digital Footprint Affect Your CIBIL Score?2024-03-20 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How Can I Get My ECN Number in CIBIL?2024-01-09 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-36.jpg/14ca3104-ede1-d998-cb83-b9c322044609?version=1.0&t=1685941982662null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Types of Home Loan Charges2024-01-22 | 3 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-82.jpg/234ce60c-a7fe-3f48-556b-a5692c88493a?version=1.0&t=1690869418914null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is Foreclosing a Home Loan? These are Some of the Do’s and Don’ts2023-12-20 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
10 Useful Income Tax Deductions for FY 2022-232024-02-21 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-55.jpg/957ca97c-0087-8a5f-2b7b-b0ffc800d8ef?version=1.0&t=1690869414103null&download=true)
home+loan Home Loan
[N][T][T][N][T]
All You Need to Know About Home Loans2023-01-19 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
Ways You Can Improve your Credit Score for a Small Business2023-03-01 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-88.jpg/7bf56db8-bfbe-d9ad-b32d-2566743de345?version=1.0&t=1685941986395null&download=true)
tax Tax
[N][T][T][N][T]
5 Tax Savings and Other Advantages You Can Get When You Apply for Home Loans2024-02-14 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-67.jpg/fdafcdc2-a700-03f3-7287-0cb1d47d5c82?version=1.0&t=1690869416565null&download=true)
cibil Cibil
[N][T][T][N][T]
Reasons Why Your CIBIL Score Is Going Down2024-04-10 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-46.jpg/7bec0c6c-60e3-0a07-bcdd-d9ee999078c7?version=1.0&t=1690869411357null&download=true)
[N][T][T][N][T]
Checklist of Documents Required for Home Loan2024-02-07 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Get a Housing Loan Approved Instantly?2024-04-10 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-56.jpg/ea7183e6-6861-ffb3-0bc4-d67060689f70?version=1.0&t=1690869414421null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Is a Pre-Approved Home Loan and How Should You Get It Done?2024-03-12 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-103.jpg/942a2c04-ae57-3f53-1329-729ffefc8ff9?version=1.0&t=1690395074160null&download=true)
tax Tax
[N][T][T][N][T]
Should You Get a Home Loan to Save Your Taxes?2024-02-01 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+10.webp/a33b518b-be01-12e8-5324-6bbeae19f860?version=1.0&t=1660719633433null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Pay Off Your Home Loan Quicker2024-03-11 | 4 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+2.webp/9bce1476-bc9f-5771-382b-2f64b1668cf5?version=1.0&t=1660719631404null&download=true)
cibil Cibil
[N][T][T][N][T]
How Business Loans Affect Your CIBIL Score & How to Improve the Same2024-03-13 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-115.jpg/65da35c2-5e32-7040-3aa5-02f545770619?version=1.0&t=1690395069927null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Short vs. Long Loan Against Property Tenor - Which Is Better?2024-05-07 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-15A.jpg/ccb369b6-12ea-3a0f-815d-4cbd569505ce?version=1.0&t=1685941981124null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Consider These Factors Before Foreclosing Your Home Loan2024-04-16 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-111.jpg/a4a26f6e-bef5-d93c-d5af-91c956c14bec?version=1.0&t=1690395070744null&download=true)
tax Tax
[N][T][T][N][T]
What is a Property Tax in India and How is It Calculated?2024-03-13 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-118.jpg/cf26d4ab-b42e-84b1-93e4-d18049a6e0d6?version=1.0&t=1691386976319null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Understanding the Fees and Charges on Your Loan Against Property2024-04-10 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
How Does Missing One Payment Affect Your CIBIL Score?2024-05-15 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-97.jpg/40066fbe-fa3d-2353-ab03-602d6e1f3407?version=1.0&t=1690869422595null&download=true)
home+loan Home Loan
[N][T][T][N][T]
6 Ways to Reduce Your Home Loan Interest2024-03-20 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-65.jpg/99b36380-d23d-3877-5ead-3e6a910b88ab?version=1.0&t=1685941983877null&download=true)
cibil Cibil
[N][T][T][N][T]
Ways to Improve Your Credit Score with a Credit Card2024-02-02 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-149.jpg/5ff230dc-58ef-6459-652b-c27e8d5f49a0?version=1.0&t=1691386983997null&download=true)
cibil Cibil
[N][T][T][N][T]
What Factors Do Not Affect Credit Scores?2024-02-28 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How to Check Your CIBIL Score for Free and What to Do If There Are Errors in It2024-06-05 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-14.jpg/24615559-e5fb-492b-517d-7f5f92101484?version=1.0&t=1680758737154null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Affects the Interest Rate on Your Home Loan2024-03-13 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-16.jpg/f853a627-0be7-f88b-44da-b35a79108cf6?version=1.0&t=1680758737683null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Easy Ways to Pick the Right Loan Against Property Tenor2024-05-14 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-60.jpg/740fc935-bac3-8956-6be0-918c1c72bb47?version=1.0&t=1690869415677null&download=true)
cibil Cibil
[N][T][T][N][T]
How to Check, Calculate, and Improve CIBIL Score?2024-01-11 | 2 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
How to Save Tax for Salary Above 30 Lakh?2023-08-07 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
How to Save Tax Between Rs 20 to Rs 25L Salary in India2023-07-19 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-85.jpg/630ed104-8bc3-8853-a751-5810dc9fab92?version=1.0&t=1690869419979null&download=true)
home+loan Home Loan
[N][T][T][N][T]
10 Smart Steps for Effective Home Loan Management2024-02-16 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Advantages for First-Time Home Buyers2023-07-14 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Determine Your Ideal Credit Score for a Home Loan?2024-03-28 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-13A.jpg/38896fc5-3a25-e903-1bdf-c338e26b28fc?version=1.0&t=1685941980827null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Would it be Possible for Me to Apply for a Second Mortgage?2024-05-22 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-58.jpg/77d20335-105c-5c6e-c57c-f87626015dac?version=1.0&t=1690869415055null&download=true)
cibil Cibil
[N][T][T][N][T]
Easy Ways to Maintain a Good Business Credit Score2024-01-10 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Impact of Late Payment on CIBIL Score?2024-03-08 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-44.jpg/a3e2af38-dd05-6225-9eed-5848d81250cf?version=1.0&t=1690869410642null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Common Myths About Home Loans: All You Need to Know2024-04-08 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
5 Benefits of Availing of a Home Loan at an Early Age2024-05-10 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
7 Smart Ways to Boost Your CIBIL Score for a Home Loan2024-05-09 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Pay Minimum Amount Due on Your Credit Cards Will Impact Your Credit Score2024-03-11 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
Here’s How a Short-term Loan Can Help You Improve Your CIBIL Score2024-03-25 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
How Can I Raise My Credit Score From 360 to 800 Within a Year?2024-03-21 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-20.jpg/8a62b6ff-d696-dd8f-cff1-e569b4c22bf9?version=1.0&t=1680758738737null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is an NOC Letter and Why is it Important?2024-05-14 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-145.jpg/f5f903bd-d248-a352-8790-439fba167598?version=1.0&t=1691386983016null&download=true)
tax Tax
[N][T][T][N][T]
Income Tax Structure in New Regime: New Tax Exemption Limit 20232024-05-08 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-140.jpg/a02bf2ca-4455-68a3-8816-2f9588470bb6?version=1.0&t=1691386981808null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Top 5 Issues Regarding Loan Against Property Application Rejection that You Might Face2023-02-14 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-42.jpg/3a2ae456-a404-2b89-7e54-e8bf9204ccee?version=1.0&t=1690869409947null&download=true)
tax Tax
[N][T][T][N][T]
Know all About Top Up Loans and How to Avail of Tax Benefits2023-12-12 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-146.jpg/c5a5a24d-0617-d520-9678-304ea3deb71b?version=1.0&t=1691386983267null&download=true)
home+loan Home Loan
[N][T][T][N][T]
5 Tips for Lowering Home Loan Interest Rates in 20232024-03-19 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-84.jpg/e2ffe9b5-5a4c-69f5-9eeb-51368ba49f68?version=1.0&t=1690869419690null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How Can Your Credit Score Impact Your Home Loan Interest Rate?2024-02-13 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-138.jpg/a8523220-b25c-9eff-1deb-a84e132c50a7?version=1.0&t=1691386981323null&download=true)
[N][T][T][N][T]
Everything You Need to Know About Home Loan Tax Benefits2024-04-23 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-8A.jpg/731f2df9-1164-13ac-d7fb-599e21b127b2?version=1.0&t=1685941980459null&download=true)
cibil Cibil
[N][T][T][N][T]
Does a Name Change Affect Your Credit Score2024-01-07 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-3.jpg/22260265-9e12-0935-ca61-78067326b979?version=1.0&t=1680758614864null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Home Loan Balance Transfer: Benefits, Eligibility, and More2024-05-15 | 3 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-87.jpg/fa109881-d7ad-26dc-22c5-45ee4bda3c30?version=1.0&t=1690869420582null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Benefits of Submitting a Digital Home Loan Application in Current Times2023-12-20 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-13A.jpg/38896fc5-3a25-e903-1bdf-c338e26b28fc?version=1.0&t=1685941980827null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Common Mistakes to Avoid When Applying for a Home Loan2023-12-04 | 2 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-10.jpg/c63a06aa-ce58-d906-3de6-3ff47d265601?version=1.0&t=1680758616883null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Differences Between Fixed and Floating Interest Rates2024-05-15 | 2 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-77.jpg/32fcc9c0-9e55-1ee7-175b-f4bf8ea62a32?version=1.0&t=1685941985344null&download=true)
cibil Cibil
[N][T][T][N][T]
Everything You Should Know About Your CIBIL Score2024-02-09 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-105.jpg/c21fd41f-039a-df82-49b4-5fae79443c49?version=1.0&t=1690395074886null&download=true)
tax Tax
[N][T][T][N][T]
Top Benefits of Using an Online Income Tax Calculator2023-12-28 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
What is Credit Score and Its Impact on Loan Availability2023-03-27 |
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
What Does Your Credit Score Tell About You?2024-06-11 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-32.jpg/fef2104a-dcb2-be40-f896-ad8e19d47c49?version=1.0&t=1691386975529null&download=true)
cibil Cibil
[N][T][T][N][T]
Know How Mortgage Loan Affect Your CIBIL Score2024-02-05 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-160.jpg/b176bac7-067f-4e44-393a-8aaada52a5c3?version=1.0&t=1685941987517null&download=true)
home+loan Home Loan
[N][T][T][N][T]
ITR Filing for Home Loan – Know the Right Process to File Your Income Tax Returns2024-02-16 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-100.jpg/aa033754-67be-c130-24f0-f19b94012339?version=1.0&t=1685941986948null&download=true)
cibil Cibil
[N][T][T][N][T]
Why is a CIBIL Score Measured Between 300 and 900?2024-05-07 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
What are the Types CIBIL Errors & How to Correct Them?2023-11-22 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-61.jpg/7300d599-ca9d-c699-8b6a-79492dd3910d?version=1.0&t=1685941982984null&download=true)
cibil Cibil
[N][T][T][N][T]
What is CIBIL? Understand How It Works and Its Importance2024-01-31 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
What Does It Mean to Have a CIBIL Score of -12023-06-16 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-22.jpg/8cb3d168-a546-4eeb-d5cb-a7dac4b05532?version=1.0&t=1685941981740null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Home Loan Terminologies2024-06-01 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
What Are Tradelines and How to Find Them On Your Credit Report?2024-05-28 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-91.jpg/b908a69a-8bac-bd94-29de-1bd0ae941a1c?version=1.0&t=1690869421460null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Ways to Check Bajaj Housing Loan Account Numbers2024-04-05 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Do You Need to Know About Home Loan Foreclosure?2023-03-23 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Introduction to Credit Information Bureau India Limited (CIBIL)2024-04-15 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-94.jpg/429f97fa-c0ef-4536-70e8-0a93c5272e9e?version=1.0&t=1690869422320null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Section 80EE: Claim Deductions on the Home Loan Interest Paid2023-02-17 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-119.jpg/7b826bfc-74a2-5407-5680-bd2d56f817c5?version=1.0&t=1691386976573null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is the Process to Get Your Home Loan Approved Fast with Bajaj Housing Finance?2024-02-15 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-24.jpg/8a130b64-e3f4-5930-59bf-ee21e77ed3fe?version=1.0&t=1685941982040null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What are the Different Types of Loans Available in India?2024-01-02 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-147.jpg/4d964c6f-cf7b-eb04-4f6d-baef2d5d9e30?version=1.0&t=1714645440981null&download=true)
cibil Cibil
[N][T][T][N][T]
What Does a Zero or Negative Credit Score Mean?2023-02-24 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-63.jpg/a2064d73-04dd-b64f-b8fb-8e1f046c7485?version=1.0&t=1685941983281null&download=true)
cibil Cibil
[N][T][T][N][T]
How Many Credit Inquiries are Too Much in a Year2023-09-21 | 2 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-141.jpg/4c794e23-85c1-4cb3-89e2-1df840185c6c?version=1.0&t=1691386982061null&download=true)
cibil Cibil
[N][T][T][N][T]
How to Check CIBIL Score Online?2023-03-14 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Top 5 Home Loan Benefits for First-time Woman Buyers2024-05-14 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-51.jpg/e9016f4b-8a7e-de9e-3f4a-afe0363b2ec4?version=1.0&t=1690869412867null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Importance of an NOC Letter after Closing Your Home Loan2023-12-14 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Benefits of a Joint Home Loan with your Spouse2023-08-04 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-19.jpg/283e91fa-76c6-510c-e6c4-3e3e06b728e5?version=1.0&t=1680758738471null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Pick the Best Home Loan Tenor that Suits Your Budget2023-06-29 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-66.jpg/14922f02-6202-96ad-63e2-05b20c57e9d8?version=1.0&t=1690869416281null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How Digital Platforms Are Revolutionising the Face of Housing Finance2023-12-21 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is the Ideal Down Payment for a Home Loan?2024-05-16 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
tax Tax
[N][T][T][N][T]
Comparison Between New Tax Regime vs Old Tax Regime2024-04-10 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-38.jpg/149eb7e7-c2ff-d466-1fa4-d78580450e8d?version=1.0&t=1690869408600null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Know All About the Home Loan Foreclosure Procedure2023-12-20 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+2.webp/9bce1476-bc9f-5771-382b-2f64b1668cf5?version=1.0&t=1660719631404null&download=true)
cibil Cibil
[N][T][T][N][T]
10 Common Myths About CIBIL Score2024-03-27 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-142.jpg/5dc0e05a-83a1-7ab3-bf53-d021723583bc?version=1.0&t=1691386982298null&download=true)
cibil Cibil
[N][T][T][N][T]
Check CIBIL Score with PAN Card for Free, in 3 Steps2024-02-27 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-101.jpg/35021707-9c15-b12e-3131-d0e162487071?version=1.0&t=1690869423435null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Advantages of Including a Co-Applicant on Your Home Loan2024-01-21 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-50.jpg/95eac235-a7fb-9428-8808-569d29aa004e?version=1.0&t=1690869412550null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is the Difference Between Top-up Loan and Home Improvement Loan2023-01-11 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-79.jpg/429652d3-cf73-dc06-6701-ca8e144d54da?version=1.0&t=1690869418055null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Are Registration Charges Compulsory When You Opt for a Home Loan?2024-04-15 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-45.jpg/eda2cbe5-2698-c0e3-ff9e-87f82ca69b82?version=1.0&t=1690869410994null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Can I Take a Home Loan and a Personal Loan Together?2024-01-17 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-98.jpg/3d01134e-c5ea-ad38-1711-aa77fece6ea6?version=1.0&t=1690869422885null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Should You Take a Home Loan Even If You Have Enough Money to Buy a House?