Loan Against Property in Cochin: Overview
Cochin, also known as Kochi, is a major spice trading centre located in Kerala. This port city is home to several tourist attractions. Recent infrastructural advancements, enhanced connectivity across the city, and SmartCity initiatives are some of the reasons why Cochin is witnessing rapid growth.
Bajaj Housing Finance provides Loans Against Property in Cochin to help you cover major expenses. Keep a property as a collateral with us and avail of a considerable loan corpus at competitive interest rates. The sanctioned loan amount can be used to meet housing or business-related expenses and for debt consolidation as well.
Loan Against Property in Cochin: Features and Benefits
Quick Loan Approval
After getting the Loan Against Property application, we initiate the processing immediately. Hence, after the document submission, we approve the loan within 24 hours*.
Loan at Doorstep
Get a Loan Against Property from us without stepping out of your home. Give us a call, and our representatives will collect the documents from your home or workplace.
Instant Disbursal
Once the eligibility checking and documentation are done, the loan amount is disbursed within 72 hours* of approval.
Flexible Repayment Option
Choose a tenor ranging up to 17 years and repay the loan conveniently.
Simple Eligibility
Fulfil some basic requisites to qualify for a sizeable loan amount. Mortgage a high-stake property to improve eligibility.
Online Loan Management
Manage loan accounts remotely through the online customer portal and check your outstanding loan balance and EMIs on the portal. You can also check the loan amount you can avail of with our Loan Against Property Eligibility Calculator.
Balance Transfer and Top-up Facility
Opt for a Loan Against Property Balance Transfer with us and enjoy competitive interest rates. Depending on the outstanding amount, qualify for a considerable Top-up Loan.
Online Calculators
Access our online Loan Against Property EMI Calculator and eligibility calculator to manage loans better.
Loan Against Property in Cochin: Documents Required
Complete a simple and short documentation process while applying for this credit. Keep the documents handy for a faster loan process and disbursal:
| Document Type | For Salaried Individuals | For Self-employed Individuals |
|---|---|---|
| Identity and address proof |
| Same as salaried applicants |
| Income proof |
|
|
| Employment proof | Work identity card/Salary slips | Proof of business ownership documents, such as registration certificate and partnership agreement |
| Property documents |
|
|
Note: This list is indicative. Additional documents may be needed during loan processing.
Loan Against Property in Cochin: Eligibility Criteria
Meet a few simple eligibility parameters and get competitive interest rates on Loans Against Property. Basis eligibility, you can get a sizeable loan amount.
For Salaried Applicants
- Age should be between 23 and 70 years**
- Should be a residing Indian citizen
- Should be working at an MNC/public/private organization
- Should have work experience of at least 3 years
For Self-Employed Applicants
- Age should be between 23 and 70 years**
- Should be a residing citizen of India
- Should have a steady income from the current business with a minimum business vintage of 3 years.
**The upper age limit is considered as age at the time of loan maturity. Additionally, the upper age limit for applicants is subject to change, depending on the property profile.
Loan Against Property in Cochin: How to Apply
Check the eligibility criteria for mortgage loans in Cochin and submit all the necessary documents for faster loan processing. Follow the steps below to apply online:
- Fill up a Loan Against Property application form with details such as age, name, date of birth, address, and PAN number.
- Provide your property details.
- Submit the form.
After receiving the loan application, our representatives will contact you, following which you will be expected to meet all the requirements for document submission and verification.
*Terms and conditions apply.
