The applicant must be the citizen of India.
The salaried applicant’s age must be between 28 and 58 years.
The self-employed applicant’s age must be between 25 and 70 years.
The salaried applicant must work in an MNC, private company or public sector and self-employed individual must have a business with a steady income.
Identity Proof: PAN/Voter ID/Aadhaar Card
Address proof: Aadhaar Card/Passport/Driving License
Bank Statement of the last 3 months
Copy of IT Returns (for Self Employed)
Copy of the documents of the property to be mortgaged
Here’s how you can apply for Loan Against Property Balance Transfer on Finserv MARKETS:
Fill in your personal and income details and get instant loan eligibility.
Select Bajaj Housing Finance Limited from the list of partners and get going.
Find out the LAP amount you could possibly avail.
Mention Requirement & Property.
Find out your loan details along with all the charges and net disbursal amount. Post this, a loan expert will connect with you to further process your application.
You can use a Loan Against Property to fulfil all your financial obligations. If you are a salaried individual, you can use your loan for the following purposes:
Mortgage buyout/Balance Transfer of existing loan
Consolidation of debt
Managing wedding expenses
The eligibility of a Loan Against Property is calculated by taking into the following parameters in account:
Existing obligations, if any
Stability/Continuity of employment/Business
Past borrowing track record.
The entire lending process is swift and hassle-free.
Yes, your property needs to be insured for fire and other calamities during the tenure of your loan. You will have to provide proof of insurance every year or whenever required.
Refer to the section, Bajaj Loan Against Property Balance Transfer Eligibility Criteria.
Yes, you can. All the co-owners of the property will be considered as co-applicants of the loan.
You can avail of a Loan Against Property for the following:
You can not avail a Loan Against Property for the following: