✓ Loan Against Property from ₹2 Lakhs to ₹15 Cr ✓ Multiple Lending Partners ✓ Interest Rates Starting @ 9.24% Apply Now

Apply for the Bajaj Housing Finance Loan Against Property (LAP) on Bajaj Markets and get funding at competitive rates starting from 10.10%p.a. You can get a maximum loan amount of up to ₹5 Cr that can be repaid conveniently within a tenure of 18 years.

Interest Rates and Charges

Here is the Bajaj Housing Finance Loan Against Property interest rate and other charges:

Interest Rate

10.10% p.a.

  for salaried and self-employed individuals

Processing Fee

Up to 1% of the loan amount

Foreclosure charges

4% of outstanding loan amount + GST

Disclaimer: The above-mentioned rates and charges are subject to change at the discretion of the NBFC.

Bajaj Housing Finance Loan Against Property EMI Calculator

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Bajaj Housing Finance LAP

Features and Benefits

The following are some of the salient features of this loan:

Attractive Rates

Since it is a secured loan, you can get funds at competitive interest rates starting at 10.10%p.a

Flexible Tenure

You can repay your loan comfortably across a tenure of up to 18 years

High Loan Amount

With Bajaj Housing Finance, you can get ample funding of up to ₹5 Cr

No Use-case Restrictions

The funding comes with no restrictions, and you can use it to manage any of your needs

Quick Disbursal

It is ideal to meet your immediate needs as you can get the funds in your bank account quickly

Eligibility Criteria and Documents Required

To apply for a loan against property, you need to meet the following eligibility requirements:

  • You must have a minimum experience of 3 years if salaried

  • Your business must have a vintage of 5 years if self-employed

  • You must be residing in either of these cities, such as Delhi, Mumbai, Bengaluru, Ahmedabad, and Pune, among others
     

Moreover, here is a list of documents you need to submit when applying for a loan against property from Bajaj Housing Finance:

  • PAN card / Aadhaar card

  • Salary slips 

  • Bank statements for the last 6 months

  • Address proof

  • Income Tax returns

  • Copy of documents for the property pledged as collateral

How to Apply

Here is how you can apply for a loan against property from Bajaj Housing Finance on Bajaj Markets:

  • Click on 'Apply Now'

  • Fill in your personal details to check your offer

  • Select 'Bajaj Housing Finance Limited' from the list of partners and proceed

  • Determine the loan amount

  • Fill in the required loan amount you need, along with the details of the property

  • Find out your loan details along with all the charges and net disbursal amount

  • A representative will get in touch with you for further steps once you complete this process.

Bajaj LAP

FAQs

No, you can now apply for a loan against property from Bajaj Housing Finance on Bajaj Markets through an online process.

The maximum amount is up to ₹5 Cr.

Yes, Bajaj Housing Finance allows co-applicants for loans 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.

Yes, you can get a loan for a property that is under construction, provided that you have documents to prove your ownership.

No, the Bajaj Housing Finance Loan Against Property charges for prepayment is 4% of the outstanding balance and GST.

There is no limit on the number of properties you can use as collateral.

Yes, since the funding does not come with end-use restrictions, you can use it for any purpose.

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