Jio Finance Loan Against Property

You can get a Jio Finance Loan Against Property of up to ₹10 Crores on Bajaj Markets. The loan is available at interest rates starting from just 9% p.a. for tenures of up to 15 years. Depending on your eligibility and the lender’s policies, you can borrow up to 70% of your property’s current market value. Even if you are new to credit (NTC), you can get this loan by fulfilling the eligibility criteria set by Jio Finance.

Here are the Jio Finance Loan Against Property interest rates and other associated charges you should be aware of:

Some criteria you must fulfil to be eligible for a Jio Finance Loan Against Property are listed below:

• You should be a resident of India

• If you are salaried, you should be at least 23 years old

• If you are self-employed, you should be at least 25 years old

• You should have a CIBIL score of 700 or more

• If the you are new to credit, you must have an NTC score of 0, -1, or 1

• The collateral should be a residential or commercial property

• If you are salaried, your minimum monthly income should be ₹20,000

• If salaried, your total work experience should be at least 36 months. If the experience is less than 36 months, your current work experience should be at least 24 months.

• If you are self-employed, you should have a minimum of 3 years of experience

Alongside this, you are typically required to  furnish the following set of documents when applying for the loan:

• Identity Proof: Any one of the following

  • PAN card

  • Aadhaar card

  • Passport

  • Voter ID

  • Driving licence

• Address Proof: Any one of the following

  • Aadhaar card

  • Passport

  • Voter ID

  • Driving licence

• Income Proof: 

  • Salary slips

  • Income tax returns

  • Bank statements of the last 12 months

• Property Documents: 

  • Title Deed

  • Sale Agreement

  • Encumbrance Certificate

• Other Documents: Any additional documents as requested during the application process

Follow these simple steps to apply for a Jio Finance Loan Against  Property on Bajaj Markets:

• Click on the ‘CHECK OFFER’ option on this page

• Provide your property-related and personal details

• Choose ‘Jio Finance’ from the list of lenders 

• Enter your preferred loan amount and tenure

• Submit the application

After this, Jio Finance will verify your details. A representative of the lender will reach out to you for further proceedings.