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As a major commercial centre in South India, Hyderabad (Telangana’s capital) is a place many people love to live in. This is why mortgage loans in Hyderabad are a hot topic among residents. Whether you’re self-employed, work in an IT firm, in manufacturing, or any other industry, you should learn about mortgage loans in Hyderabad.
The mortgage loan process in Hyderabad is not as daunting as you might be thinking. You just need the right information on how to get a mortgage loan in this beautiful city. Luckily, we’ve got you covered. Through this article, you will learn everything there is to know about mortgage loans in Hyderabad:
You don’t need much documentation to access mortgage loans in Hyderabad. The list of documents to submit is pretty basic. The bank or financial institution just needs to ascertain that you have a legitimate means of paying back and then, the loan is approved in about 72 hours.
Whether you’re on a salary or self-employed, you can choose the tenor that suits you. Salaried individuals can choose from 2-20 years while self-employed individuals get 18 years maximum.
Do you have an existing loan with a credit facility? You can transfer your loan against property from any part of India to any credit facility in Hyderabad to fully maximize your mortgage loan.
Bajaj Housing Finance Limited lets you access high-value loans of large amounts at an affordable loan against property interest rate. For salaried individuals, we offer loans up to Rs.1 crore, while self-employed persons can avail of loans up to Rs. 3.5 crore.
Here, below, are the documents you need to get a loan against property in Hyderabad.
For Self Employed Individuals:
Salaried Individuals:
You can apply for a loan against property in Hyderabad by walking into Bajaj Housing Finance to make a loan request. However, we recommend applying online as it takes less than a minute to apply. Simply fill the LAP application form and click ‘Apply’. After that, Bajaj Housing Finance Limited representative will connect with you for further processing of the loan application
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Last update on 11-Mar-2021
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