Overview of a Loan Against Property in Pune
Pune is the second-largest metropolis in Maharashtra. IT parks, automobile and manufacturing units, start-ups, and educational institutes form the crux of its economy. The city's robust infrastructure, diverse job market, and vibrant lifestyle make it an attractive destination for property owners looking to leverage their assets.
Whether you need funds for business expansion or housing expenses, we offer competitive interest rates on Loans Against Property in Pune. This makes it easier to access the capital you need while retaining ownership of your property.
Features and Benefits of a Loan Against Property in Pune
Loan Amount of Rs.5 Crore*
Bajaj Housing Finance offers a loan amount of Rs.5 Crore* or higher to salaried, professional, or self-employed individuals, based on eligibility. A Loan Against Property offers end-use flexibility, allowing you to manage housing or business expenses with ease.
Convenient Repayment
With us, you can repay your property loan over a flexible tenure of up to 17 years.
Hassle-Free Eligibility
Avail of a Loan Against Property with us by complying with our easy-to-meet eligibility parameters and submitting minimal documents.
Doorstep Service
Apply for a Loan Against Property in Pune from the comfort of your home. Submit the essential documents to our representative at your doorstep.
Quick Disbursal
Receive the funds in your account within 72 hours* with our quick application and approval process.
Top-up Loan with Balance Transfer
Get additional funds over and above the existing loan by transferring your property loan to us. Use the sizeable Top-up Loan amount to address various housing expenses, such as home renovation.
Manage Account Online
Use the online Customer Portal to manage your loan account conveniently. Track and pay EMIs, make part-prepayments, and more with our Customer Portal.
Calculate Your Loan Against Property EMI
Repayment Schedule
Eligibility Criteria for a Loan Against Property in Pune
For Salaried Applicants
- Indian resident with the age between 23 and 60 years**
- Must be employed at an MNC/public/private firm with at least 3 years of work experience
- The location of the property to be mortgaged should be in Pune or in one of the cities where we operate
For Self-Employed Applicants
- Indian resident with the age between 23 and 70 years**
- Must have a steady income from the current business with a minimum vintage of 3 years
- The location of the property to be mortgaged should be in Pune or in one of the cities where we operate
**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.
Documents Required for a Loan Against Property in Pune
For Salaried Applicants
- Aadhaar Card, Voter’s ID/PAN Card or Form 60 (mandatory)
- Address proof
- Last 3 months’ salary slips
- ITR documents
- Bank account details of the last 3 months
- Documents of the property to be mortgaged
For Self-Employed Applicants
- Aadhaar Card, Voter’s ID/PAN Card or Form 60 (mandatory)
- Address proof
- Bank account details of the last 6 months
- Business vintage proof
- Documents of the property to be mortgaged
Note that this is an indicative list, and our representative might ask for other documents.
Steps to Apply for a Loan Against Property Online in Pune
Follow the steps mentioned below to apply for a property loan:
- Navigate to our Loan Against Property application form.
- Enter your name and mobile number.
- Select your employment type and the type of loan you want to avail of.
- Provide details about your monthly income and enter the PIN code.
- Enter the required loan amount and proceed to generate the OTP.
- After entering the OTP, fill in the required financial details in the form.
- Lastly, submit the application form.
Once the form is submitted, our representative will contact you to proceed with the Loan Against Property application.
Keep the required documents handy to expedite the verification process and obtain funds in your account at the earliest.
*Terms and conditions apply.
Loan Against Property in Pune: FAQs
Yes, you need to submit proof of income along with other required documents to apply for a Loan Against Property in Pune.
To apply for a Loan Against Property in Pune, you need to meet the following eligibility criteria:
For Salaried Applicants:
- Must be an Indian resident aged between 23 and 60 years**
- Should be employed with an MNC, public sector, or private company and have a minimum work experience of 3 years
- The property to be mortgaged must be in Pune or within any of the cities where we operate
For Self-Employed Applicants:
- Must be an Indian resident aged between 23 and 70 years**
- Should have a stable income from a current business with a minimum operational history of 3 years
- The property to be mortgaged must be in Pune or within any of the cities where we operate
**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.
