my offers

How about checking some pre-approved offers you might be eligible for?

my offers

How about checking some pre-approved offers you might be eligible for?

  • Mobile No.
  • Date of birth

You have a pre approved offer

  • Sum Assured
    Persons Covered
  • Rate

Currently We do not have a personalized offer for you. We recommend you put in your application.

We have 02 personalised offers for you

Currently We do not have a personalized offer for you. We recommend you put in your application.

my offers

Relax as now you can get LAP for Self Employed too

Swift Loan Disbursal | No Hidden Charges | Flexible Repayment Tenure

✓ Loan Against Property from ₹2 Lakhs to ₹15 Cr ✓ Multiple Lending Partners ✓ Interest Rates Starting @ 8.99%

Have a business idea that needs financing? Looking to improve your business infrastructure? We offer Loan against Property to self-employed individuals with minimal documentation, unlimited withdrawals and flexible repayment options. Keep track of your LAP online with our customer portal - 24x7! Choose us and watch your business grow.

Why choose us

Fast Online Process

Get approval in 3 minutes and money in your account in 24 hours, on applying for a loan online.

Minimal Documentation

No tedious paperwork! Visit our website, choose a Bajaj Finserv loan against property to suit your need and apply!

Transparency Guaranteed

Get all the information about your Bajaj Finserv loan, upfront. No hidden charges! We promise transparency.

Custom-made Loans

With customised personal loans to suit your specific needs, why look elsewhere?

Trusted Companion

Bajaj Markets is considered to be the trusted financial partner by millions of Indian customers. It's your time now!

Features and Benefits

  • Hassle-free Loan Disbursal

    The process of availing the loan is entirely online and requires minimal documentation. Apply for yours today!

  • Flexible Tenure

    Choose from a repayment tenure ranging from 2 to 18 years. Repay as your pocket permits.

  • Part-payment Facility

    Now part-pay your Bajaj Finserv pre-approved Loan against Property for business people with us. There’s only a minimal fee involved.

  • Flexi Hybrid Feature

    Make the most of our Hybrid Flexi Loan Against Property feature and borrow only when you need funds. You are charged only for the amount utilized and get to pay only the interest amount as EMI.

  • Balance Transfer Facility

    Looking to transfer an existing Loan Against Property? We provide transfer facility with easy processing and minimal documentation. Also, get a top-up loan of high value, against your existing loan.

Hybrid Flexi Loan Against Property

Are you in urgent need of funds to meet a business expenditure? We present Hybrid Flexi Loan Against Property - a new and efficient way to take care of your financial requirements. Enjoy a host of benefits like principal holiday tenure, flexible part-payments and unlimited withdrawals! Find out more about the benefits of a Hybrid Flexi Loan here.

Interest-only EMI

During the initial period of your loan, pay only the interest amount as the EMI – an exclusive benefit offered by us!


With Hybrid Flexi Loan Against Property, there's no restriction when it comes to repaying the principal loan amount.

Unlimited Withdrawals

Make the most of your loan by withdrawing as many times as you need from your loan limit.

No Additional Charges

Make unrestricted multiple part-payments of your principal loan amount. We don’t levy any additional charges.

No Recurring Form Filling

No need to apply every time you need a fresh amount of funds. Simply withdraw money from your loan limit from anywhere 24x7!

How it works

Follow these steps to apply for a LAP and get money in bank account within 24 hours:

  • Enter Personal Details

    Fill in your personal and employment details.

  • Estimate Borrowing Power

    Find out the loan amount you could possibly avail.

  • Mention Requirement & Property Details

    Fill your required loan amount & details of property.

  • Unlock Final Eligibility

    You will get to know your final loan eligibility amount.

  • Verification & Disbursement

    Get the money in your account post verification.

All we need from you…

Eligibility Criteria
  • Self-employed individuals between the age of 25 to 70 years can apply for a loan against property.
  • Self-employed individuals with a steady income source are eligible
  • You should be a resident of India residing in the following cities: Delhi, Gurugram, Faridabad, Greater Noida, Noida, Ghaziabad, Mumbai, Thane, Navi Mumbai, Bangalore, Pune, Hyderabad, Chennai, Ahmedabad, Kolkata, Jaipur, Chandigarh, Coimbatore, Nagpur, Surat, Cochin, Baroda, Indore, Vizag, Nasik, Aurangabad, and Lucknow.
Documents Required
  • Last 6 months bank account statements
  • PAN Card/Aadhaar Card
  • Address Proof
  • Copy of the documents of the property that you would want to mortgage
*Don't worry if you are asked to upload additional documents, we are just creating the best loan for you!

Manage all your queries here

  • ✔️What all can I use a Loan Against Property for?

    You can use a Loan Against Property to fulfil all your financial obligations. If self-employed, you can use your loan for the following purposes:

    1. Business expansion

    2. Operation usage

    3. Debt reconciliation

    4. Purchasing raw materials

    5. Making new investments and personal use.

  • ✔️How is my eligibility for a Bajaj Finserv pre-approved Loan Against Property calculated?

    The eligibility of a Loan Against Property is calculated by taking the following parameters into account:

    1. Age

    2. Income

    3. Property value

    4. Existing obligations, if any

    5. Stability/Continuity of employment/Business

    6. Past borrowing track record.

  • ✔️Do I need insurance for the property for which I want to avail of a LAP?

    Yes, your property needs to be insured for fire and other calamities during the tenor of your loan. You will have to provide proof of insurance to us every year or whenever required.
  • ✔️What criteria does my property need to have for me to avail the loan?

    You need to ensure that the title of the property is clear, free of any litigation, and should not have an existing mortgage or loan.
  • ✔️Can I avail a loan against property without income proof or ITR?

    You can not avail a LAP without income proof. However, if you are self-employed, you can avail a LAP without ITR.
  • ✔️Can I avail of a Loan Against Property for a property that is owned by my relatives and me?

    Yes, you can. All the co-owners of the property will be considered as co-applicants of the loan.
  • ✔️What is the Bajaj Finserv lending, sanctioning and disbursement process of a LAP?

    The process Loan Against Property disbursement is as follows:

    1. Submission of documents: You’ll have to submit a set of documents (see ‘Eligibility & Documents’ page for details) depending on your loan application documents you’ve handed in.
    2. Sanctioning of Loan: Your credit worthiness is calculated by Bajaj Finance, based on your income, age, employer or firm with whom you work, and CIBIL report. If you are self-employed then your nature of work, bank statements, and CIBIL report, and then plans out the maximum loan amount that we can offer you. You are then issued a Loan Sanction Letter.
    3. Acceptance of Loan: If you agree with the terms and conditions of the loan, you will have to submit a signed duplicate copy of Loan Sanction Letter.
    4. Disbursement of Loan: The loan will be disbursed once all relevant papers of the property have been verified, all pertinent documents have been submitted, and the loan agreement has been executed.
  • ✔️How do I update my new mailing address, email, and phone number registered to my Loan Against Property?

    You can update your contact information by logging in to our Customer Portal. You can also visit our nearest branch along with the original and self-attested copies of your new address proof.
  • ✔️How will my Equated Monthly Installments (EMIs) be calculated?

    Your EMI consists of two parts—paying back the principal amount you borrowed, plus the interest rates charged ‘on’ it. Three factors come into the equation—how much you borrowed, the rate of interest, and the loan tenure. There are ways to bring your EMI down: for one, it drops automatically if there is a decrease in interest rates, or if you pay back more than you need to (called a ‘partial prepayment’).
  • ✔️How can I increase the amount of EMI I pay during the tenor of my loan?

    You can easily increase the amount you pay in EMIs by visiting our Customer Portal.
  • ✔️What is an amortization schedule?

    An amortization schedule is a table giving the reduction of your loan amount by monthly instalments. The amortization schedule gives the break-up of every EMI towards repayment of interest and the outstanding principal of your loan.
  • ✔️What is negative amortization?

    When interest rates go up, the interest component of an EMI also goes up. The EMI is kept constant but will result in a lower principal component. If the rates move up continuously, then there might be a situation where the interest Component becomes more than the EMI. In such a situation, principal component (EMI minus interest component) gives a negative figure. Consequently, the outstanding balance, instead of being reduced from the opening principal with the principal component, gets increased with the negative principal component. This is commonly referred to as negative amortization. A loan where the amortization is negative does not get repaid, since the regular payments are insufficient to cover the interest component. The unpaid interest gets added to the principal and makes it grow. The situation gets reversed only when interest rates start falling. In this situation, the customer has to part-prepay the loan amount, increase the EMI of the loan, or do both.
  • ✔️How does any rate change impact the loan amortization schedule?

    In case of a loan with a floating interest, the interest component is subject to change. When the rates change, one of the following two changes can be done to a loan:

    1. The term of the Loan is extended (when rates go up) or contracted (when rates go down).
    2. The EMI amount is reset (increased in case rates go up & reduced in case rates come down).

    As a practice, the term of the loan is extended since the customer might have given post-date cheques and it would be difficult to replace them on every rate change. However, in case of under construction properties, the Pre-EMI amount is increased by default. You can choose any of the above options according to your convenience. The default option is to change the EMI to match the balance tenure of a loan.

  • ✔️What is proactive downward repricing?

    The pricing increase happens only in the scenario of an increase in the Cost of Funds. Pro-active repricing policy is being put in place as a proactive measure to ensure that there is no inordinate increase in your loan pricing against new acquisitions and there is always parity for your loan.
  • ✔️Do you proactively do downward repricing?

    As a goodwill gesture and to maintain transparency with our valued existing customers, we ensure, through our pro-active downward re-pricing strategy, that none of our existing customers are more than 100 bps over and above the last 3 months average sourcing rate. If a customer is higher than 100 bps from our last 3 months average sourcing rate, we carry out downward re-pricing of the rate of interest for all such customers to bring them to max 100 bps above the last 3 months average sourcing rate. This is a bi-annual exercise. This is yet another Industry first for any NBFC in the country.
  • ✔️What is Property Dossier?

    Property Dossier is another industry-first, value-added service offered to our mortgage customers. It is a customized report that guides the customer through all legal and technical aspects of owning a property in a simple and crisp manner. It also covers general property knowledge tips as well as all macro factors like property index of the city, important property tips, etc.
  • ✔️What are the types of properties for which I can avail a LAP?

    You can avail of a Loan Against Property for the following:

    1. Self-Occupied Residential (your home).
    2. Rented Residential / Commercial
    3. Vacant Residential / Commercial
    4. Shared Property.

    You can not avail of a Loan Against Property for the following:

    1. Plot

    2. Property outside city/municipality limit

    3. Property with tenants for more than 5 years (with no renewed rent agreement)

    4. Property with structural flaws that requires substantial repairs

    5. Property constructed on agricultural land/farm land

    6. Illegal properties 7. Property already mortgaged with other banks 8. Residential property used for commercial purposes without approval from competent authority 9. Under construction property except NRP transaction 10. Industrial property 11. Schools or hostels 12. Hotel.

  • ✔️What is the TAT (Turn Around Time) for Foreclosure Statement?

    The TAT for issuance foreclosure statement is typically 7 working days.