When looking to avail a loan against property, Bajaj Housing Finance has an attractive instrument on offer. The lender is a prominent player in the Indian financial market, and their loan against property (LAP) is a smart choice.
Best of all, you can avail the Bajaj Housing Finance Loan Against Property on Bajaj Markets in just a few clicks.
Read on to more about this instrument, the Bajaj Housing Finance LAP interest rate on offer, and other specifics.
Bajaj Housing Finance Loan Against Property Interest Rates and Charges 2023
Knowing the Bajaj Housing Finance loan against property interest rate and other charges associated can help you make the right decision.
Charges |
Particulars |
Interest Rate |
10.10% p.a. for salaried and self-employed individuals |
Processing fees |
Up to 0.35% of the loan amount |
Foreclosure charges |
4% of outstanding loan amount + GST |
Disclaimer: The Bajaj Housing Finance loan against property interest rate mentioned is subject to change as per the policies of the lender.
Compare Bajaj Housing Finance Loan Against Property with other Partners
Name of the Partner |
Interest Rate (% p.a.) |
10.10% p.a. |
|
| 14.00% p.a. | |
10.85% p.a. |
|
9.45% p.a. |
|
9.25% p.a. |
|
12.50% p.a. |
|
13.90% p.a. |
Disclaimer: The interest rates mentioned are subject to change as per the policies of the lender.
Bajaj Housing Finance Loan Against Property EMI Calculator
The Bajaj Housing Finance Loan Against Property EMI Calculator is a handy tool to plan and optimise your loan. It is easy to use and here are a few helpful steps to keep in mind.
Enter the principal amount that you would like to avail.
Enter the tenure (in months) that you would like to repay the loan amount in.
Enter the rate of interest.
While you can calculate the interest payable manually using the interest formula, using an online EMI calculator is your best bet. It is quick, intuitive, and it offers accurate results.
Bajaj Housing Finance Loan Against Property - Features & Benefits
Bajaj Housing Finance Loan Against Property Eligibility Calculator
Meeting all the set Bajaj Housing Finance loan against property eligibility criteria is vital. Discrepancies here will cause delays or even lead to rejection. Thankfully, the Bajaj Housing Finance loan against property eligibility calculator on Bajaj Marketscan help.
This is a digital tool that lets you find out the exact loan amount that you are eligible for within seconds. Here are the steps to use it:
Step 1: Enter your city of residence, your net income and the EMI amount that you’d like to pay.
Step 2: Click “Calculate Now”
Step 3: Note the loan amount you can qualify for, based on your profile
Once you meet all the eligibility criteria, you can avail a Bajaj Housing Finance Loan Against Property on Bajaj Marketswith ease.
Documents Required for Bajaj Housing Finance Loan Against Property
To avail the Bajaj Housing Finance loan against property, the documents required are minimal. This is true for both salaried and self-employed individuals, and these are the documents you would need.
Latest Salary Slips as income proof
Last 6 months’ bank account statements
PAN Card/Aadhaar Card
Address Proof
Copy of the documents of the property to be mortgaged
IT Returns
How to Apply for Bajaj Housing Finance Loan Against Property Online
Here’s how you can apply for Bajaj Housing Finance Loan Against Property on Bajaj Markets.
Click on “APPLY NOW” and fill in your personal details to check your offer
Select Bajaj Housing Finance Limited from the list of partners and proceed
Find out the LAP amount you could possibly avail
Fill your required loan amount & details of the 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.
- PNB Loan Against Property EMI Calculator
- ICICI Loan Against Property EMI Calculator
- Bajaj Loan Against Property Interest Rates
- PNB Loan Against Property Interest Rates
- ICICI Loan Against Property Interest Rates
- Bajaj Loan Against Property Eligibility
- PNB Loan Against Property Eligibility
- ICICI Loan Against Property Eligibility
Bajaj Housing Finance Loan Against Property FAQs
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✔️Do you need to go to a Bajaj Housing Finance Limited branch to get a Loan Against Property?
No, you can now apply for a loan against property on Bajaj Markets through a 100% online process.
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✔️What is self-employed LAP from Bajaj Housing Finance Limited?
Self-employed applicants can avail Bajaj Housing Finance Loan Against Property of up to ₹1 Crore on Bajaj Markets and fulfil their financial requirements.
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✔️If you have availed a Loan against Property from Bajaj Housing Finance at a floating rate of interest then how will an increase in the rate of interest impact it?
If you have availed a Loan against Property from Bajaj Housing Finance at a floating rate of interest, then any increase in the rate of interest will result in an increase in your EMIs (Equated Monthly Instalments).
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✔️How much Loan against Property can be availed by an applicant at Bajaj Housing Finance?
The Bajaj Housing Finance Loan against Property amount that can be availed by an applicant depends on various factors such as the market value of the property, the applicant's income, repayment capacity, and credit score.
However, Bajaj Housing Finance offers Loan against Property up to ₹1 Crore, depending on the applicant's eligibility.
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✔️Can there be a co-applicant for Loan against Property at Bajaj Housing Finance?
Yes, Bajaj Housing Finance allows co-applicants for Loan against Property. The co-applicant can be a spouse, parent, or any other blood relative who meets the eligibility criteria. Having a co-applicant with a stable income and good credit score can increase your chances of getting a higher loan amount and a lower rate of interest.
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✔️Is CIBIL score required for Loan Against Property at Bajaj Housing Finance?
Yes, Credit Score is an important factor that is considered by Bajaj Housing Finance when evaluating a Loan Against Property application.
