Details of a Loan Against Property of Rs.4 Crore
A Loan Against Property is a versatile financial solution that allows you to leverage the value of your property to meet substantial funding needs. With a Rs.4 Crore Loan Against Property from Bajaj Housing Finance, you can benefit from a competitive interest rate to cater to various requirements such as business expansion, debt consolidation, or home renovation.
Features and Benefits of a Rs.4 Crore Loan Against Property
End-Use Flexibility
The loan amount availed of through a Loan Against Property can be used to expand your business, renovate your home, or consolidate your debts.
Quick Disbursal
With Bajaj Housing Finance Loan Against Property, you can address your urgent financial needs easily, as we ensure quick disbursal within 72 hours* after successful document verification.
Long Repayment Tenure
Benefit from manageable EMIs with a flexible repayment tenure extending up to 17 years.
Online Tools to Plan Finances
Utilise our EMI and eligibility calculators to estimate your monthly repayments and determine the loan amount you can qualify for. This will help you plan your finances more effectively.
Documents Required for a Rs.4 Crore Loan Against Property
Our minimal documentation requirement ensures quick loan processing. You can opt for our door-step document pick-up facility to submit the following documents:
For Self-Employed Applicants:
- Aadhaar Card or Voter’s ID Card
- PAN Card or Form 60 (mandatory)
- P&L statement
- Latest ITR
- Property documents
For Salaried Applicants:
- PAN Card or Form 60 (mandatory), Aadhaar Card, or Voter’s ID Card
- Last 3 months’ salary slips
- Property documents
Note that this list is indicative. Additional documents may be needed during loan processing.
Rs.4 Crore Loan Against Property Eligibility Criteria
Bajaj Housing Finance offers Loans Against Property at attractive interest rates. You can use our Loan Against Property EMI Calculator to know your EMIs and plan your loan journey with us in advance.
The eligibility criteria for a Loan Against Property of Rs.4 Crore includes:
| Salaried Applicants | Self-Employed Applicants |
|---|---|
| The applicant must be a residing Indian citizen. | The applicant must be a residing Indian citizen. |
| The applicant must be between the ages of 23 to 60 years**. | The applicant must be between the ages of 23 to 70 years**. |
| The applicant must have at least 3 years of work experience either at an MNC, or a Public or Private sector company. | The applicant's business must be able to generate a consistent source of income and have been in operation for at least 3 years. |
**The upper age limit is considered as the age at the time of loan maturity. Additionally, the upper age limit for applicants is subject to change, depending on the property profile
Steps to Apply for a Rs.4 Crore Loan Against Property
Apply for a Loan Against Property with Bajaj Housing Finance and expect the disbursal within 17 after document verification. You can visit our nearest branch to apply for a loan or follow these steps to apply online:
- Go to our Loan Against Property application form.
- Fill in your personal and financial details.
- Select your employment type and loan type.
- Enter the required loan amount and the PIN code.
- Enter property-related details.
- Submit the application form.
After submitting the form, our representative will call you and take you through the next steps.
*Terms and conditions apply.
If you wish to know your EMI for a Rs.4 Crore Loan Against Property beforehand, use our Loan Against Property EMI Calculator – an easy-to-use tool that uses only three values, namely the loan amount, tenure, and interest rate to estimate your EMIs.
No, to avail of a Loan Against Property of Rs.4 Crore you need to pledge a residential or commercial property owned by you.
You can avail of a Rs.4 Crore Loan Against Property with Bajaj Housing Finance and enjoy quick disbursal within 72 hours* after document verification. Along with this, you can also benefit from our flexible repayment tenure of up to 17 years and enjoy feasible EMIs. Visit our nearest branch or access our online Loan Against Property application form to apply online.
Your eligibility for a Rs.4 Crore Loan Against Property depends on several factors including credit score, income, and age. Typically, a CIBIL score of 750 or above is considered ideal when applying for a Loan Against Property.
When you apply for a Rs.4 Crore Loan Against Property with Bajaj Housing Finance, your application can be approved within 24 hours* after the verification of your documents.
