BAJAJ FINSERV DIRECT LIMITED

India Shelter Loan Against Property

Apply for an India Shelter Loan Against Property through Bajaj Markets with interest rates starting at 15% p.a., loan amounts up to ₹30 Lakhs, and flexible tenures up to 20 years.

Starting Interest Rate

15% p.a.

Max. Loan Amount

₹30 Lakhs

Max. Tenure

20 Years

Apply for an India Shelter Loan Against Property from ₹5 Lakhs to ₹30 Lakhs on Bajaj Markets. Enjoy affordable interest rates starting from 15% p.a. with flexible repayment tenures of up to 20 years.

India Shelter Loan Against Property Interest Rate and Charges

Here are the rates and charges for an India Shelter Loan Against Property:

Particulars

Details

Interest Rate

15% p.a. onwards

Processing Fees

Up to 4% of the loan amount + GST

Disclaimer: The mentioned loan details are subject to change at the lender’s discretion.

Other Fees and Charges of India Shelter Loan Against Property

Apart from the interest rate and processing fee, India Shelter LAP may levy additional charges. Here are some of the fees and charges:

Particulars

Details

Prepayment Fees

  • 6% of the loan amount paid + GST, if within 24 months of loan disbursement

  • 4.5% of the loan amount paid + GST, post 24 months of loan disbursement

Disclaimer: The mentioned loan details are subject to change at the lender’s discretion.

Features and Benefits of an India Shelter Loan Against Property

Higher Loan Amounts:

Cover your financial needs easily with high loan amounts of up to ₹30 Lakhs

Affordable Interest Rates:

Get a loan against property at affordable interest rates starting at just 15% p.a.

Extended Repayment Tenures

Repay the loan through EMIs for a maximum tenure of up to 20 years with ease

Multi-purpose Loan

Use the loan amount for various expenses without any end-use restrictions

Types of India Shelter Loan Against Property

India Shelter offers a loan against property to suit various financial needs. It can be buying, building, or renovating a home, expanding business, or for medical expenses. They do not offer different types of LAP facilities.

Eligibility Criteria for an India Shelter Loan Against Property

Meet the following eligibility criteria to get an India Shelter Loan Against Property:

  • You need to be an Indian citizen

  • You need to be employed as a salaried or self-employed person

  • Co-owners of the property and family members can become co-applicants

Documents Required for an India Shelter Loan Against Property

Check out the India Shelter Loan Against Property documents required before applying for the loan:

  1. Basic Documents

  • Completed application form with the signature and photograph of the applicant
  • Coloured passport-size photographs
  • Property documents
  1. Identity Proof (any one of the following)

  • Aadhaar card
  • Voter ID
  • PAN card
  • Driving licence
  • Passport
  1. Address Proof (any one of the following)

  • Aadhaar card
  • Voter ID
  • PAN card
  • Driving licence
  • 10th or 12th class certificates
  • Passport
  • Birth certificate
  1. Income Proof

  • Salary slips for the last 3 months (salaried)
  • ITR of last 2 years (self-employed)
  • Business records (self-employed)
  1. Other Documents

  • Cheque for Processing Fee
  • Bank Statements for the Last 6 Months

How to Apply for an India Shelter Loan Against Property on Bajaj Markets

Follow these easy steps to get a loan against property from India Shelter on Bajaj Markets.

  1. Click on the ‘Check Offer’ button provided on this page

  2. Select your requirement and profession, and enter your mobile number

  3. Accept the terms and conditions after reading them carefully

  4. Click on the ‘Apply Now’ button

  5. Following this, the concerned executive will reach out to you for further proceedings

How to Check the India Shelter Loan Against Property Status

The India Shelter Loan Against Property status check can be done quickly through the official mobile app or chatbot. These options help you track loan applications and active loans in real time, making the process simple and hassle-free. 

Steps via Mobile App (India Shelter iServe): 

  1. Download the India Shelter iServe App on your mobile device  
  2. Log in to the app using your registered mobile number 
  3. Go to the ‘My Applications’ or ‘My Loans' section on the home screen 
  4. Select your loan to view the latest status, repayment details, or pending actions 

Using Chatbot:

You can also check the loan status via the chatbot on the India Shelter website. Follow these steps: 

  1. Click on the chatbot, choose your preferred language
  2. Select the ‘Track Your Loan Status’ option
  3. Enter your registered mobile number
  4. The chatbot will display your loan details instantly

How to Check the India Shelter Loan Against Property Statement

You can easily check your India Shelter Loan Against Property statement through the customer portal or mobile app. You can follow these steps: 

  1. Download and open the India Shelter iServe App from Google Play or App Store 

  2. Log in using your registered mobile number and OTP 

  3. Navigate to the ‘Service Request’ option and then click on ‘Loan Account Statement’ option 

  4. Select your loan account and download/view the statement instantly 

For any assistance, you can also reach out to customer care at 1800-572-8888 or email customer.care@indiashelter.in. 

India Shelter Loan Against Property Repayment Options

India Shelter offers flexible repayment options for its loan against property, allowing you to repay through convenient monthly EMIs. The repayment is structured to suit different financial needs, ensuring customers can manage their loan comfortably over the chosen tenure.

FAQs

What is the maximum amount I can get with India Shelter Loan Against Property?

The India Shelter Loan Against Property offers up to ₹30 Lakhs on Bajaj Markets based on your property value and eligibility.

Can I transfer my India Shelter Loan Against Property to another bank?

Yes, you can transfer your India Shelter Loan Against Property to another bank to get better interest rates or terms.

What is the repayment tenure for the India Shelter LAP?

The repayment tenure for India Shelter Loan Against Property can go up to 20 years, offering flexible EMI options.

Can NRIs apply for a Loan Against Property with India Shelter?

Yes, Non-Resident Indians (NRIs) are eligible to apply for a loan against property with India Shelter.

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