Overview of a Loan Against Property in Gurgaon
Gurgaon is a part of the National Capital Region (NCR) and is a major banking and financial hub. The city is home to several IT and software companies, attracting job seekers from all over India. Its advanced infrastructure, new residential projects, and expanding commercial spaces make it a viable location for investment.
If you are looking for funds to expand your business, consolidate your debts, or meet any substantial housing needs, you can avail of a Loan Against Property with Bajaj Housing Finance. We offer loans at competitive interest rates with a tenor extending up to 17 years.
Features and Benefits of a Loan Against Property in Gurgaon
If you are planning to avail of a Loan Against Property, here’s what you stand to get when you borrow from Bajaj Housing Finance:
Higher Loan Sanctions
Secure loan amount of Rs.5 Crore* or higher, based on your eligibility, to address any business or housing-related expenses.
Easy Refinancing Options
You can transfer your existing Loan Against Property balance to us and enjoy a reduced interest rate along with other competitive terms. You can also get a chance to avail of a Top-up Loan of Rs.1 Crore*, basis eligibility.
Minimal Eligibility
You need to meet our simple Loan Against Property eligibility criteria to apply for a loan with us.
Flexibility in Repayment
With our long repayment tenor of up to 17 years, you can repay your loan at your own pace, ensuring feasible EMIs.
Swift Approval and Disbursal
We approve your Loan Against Property within 24 hours* once your application and property are verified. After the verification and approval, the amount is disbursed into your account in just 72 hours*.
Calculate Your Loan Against Property EMI
Repayment Schedule
Documents Required for a Loan Against Property in Gurgaon
Following are some of the documents*** required when applying for a Loan Against Property:
| Document Type | For Salaried Individuals | For Self-Employed Individuals |
|---|---|---|
| KYC Documents | Aadhaar Card, Voter ID, Driver’s License, or Passport | Aadhaar Card, Voter ID, Driver’s License, or Passport |
| Mandatory Documents | PAN Card or Form 60 | PAN Card or Form 60 |
| Income proof | Latest salary slips, bank account statement for the last 3 months, Income Tax Returns | Primary bank account statements for the last 6 months, Income Tax Returns, latest financial statements, such as Balance Sheets and Profit and Loss Statements |
| Employment proof | Identity card issued by the employer | Document of business ownership, such as Partnership Agreements and Registration Certificate, among others |
| Property documents | Title documents and property tax statements | Title documents and property tax statements |
***Additional documents may be requested at the time of loan processing.
Eligibility Criteria for a Loan Against Property in Gurgaon
If you are planning to apply for a Loan Against Property with Bajaj Housing Finance, here are the eligibility parameters you will need to meet:
| Particulars | Salaried | Self-Employed Salaried |
|---|---|---|
| Citizenship | Only Indian citizens residing in India who live and own properties in one of the locations we operate in | Only Indian citizens residing in India who live and own properties in one of the locations we operate in |
| Age | Between 23 and 60 years** | Between 23 and 70 years** |
| Employment History | Should be employed in a private or public sector organisation, or an MNC for at least 3 years | Should have a regular income source with a vintage of 3 years at their existing business |
**The upper age limit is considered as the age at the time of loan maturity. For applicants, the upper age limit may be changed, based on their property profile.
Steps to Apply for a Loan Against Property in Gurgaon Online
The steps to apply for a Loan Against Property with us are simple. Follow the steps given below to apply online:
- Visit the application form and fill in your personal, employment, and contact details.
- Select the type of loan you wish to avail of and enter your income details.
- Proceed to enter the required loan amount and PIN code.
- Generate OTP and enter it.
- Enter the rest of the financial and property-related details.
- Submit the application form.
Post form submission, our representative will connect with you to help you complete the rest of the process, which includes documentation and property verification.
*Terms and conditions apply.
Yes, if you are planning to apply for a Loan against Property in Gurgaon, Bajaj Housing Finance offers flexible end-usage and quick disbursal.
The documents required to apply for a Loan against Property in Gurgaon are:
For Salaried Applicants
- Aadhaar Card, Voter ID, PAN Card, or Form 60 (mandatory), and Utility Bills
- Salary slips for the past 3 months, Income Tax Return (ITR) documents, and bank statements for the last 3 months
- Property documents
For Self-Employed Applicants
- Aadhaar Card, Voter ID, PAN Card, or Form 60 (mandatory)
- Utility Bills
- Bank statements for the past 6 months
- Proof of business vintage
- Papers related to the property being mortgaged
This list is indicative.
