Loan Against Property in Pune: Overview
Pune is the second-largest metropolis in Maharashtra. The city also boasts the sixth highest per-capita income in India. IT parks, automobile and manufacturing units, start-ups, and educational institutes form the crux of its economy.
While the living costs in Pune are reasonable compared to other Indian metropolitan cities, various large-scale expenses may strain your finances. Under such circumstances, if you want to then you can opt for a Loan Against Property in Pune from Bajaj Housing Finance to tackle financial obligations related to housing or business.
Loan Against Property in Pune: Features and Benefits
Sizeable Loans
Bajaj Housing Finance offers a sizeable loan amount for salaried, professional or self-employed individuals. A Loan Against Property comes with end-use flexibility. This helps you meet multiple monetary commitments related to housing or business.
Convenient Repayment
Repay your Loan Against Property with a flexible tenor without putting a dent on your earnings. Eligible applicants can take up to 17 years to repay a mortgage loan from Bajaj Housing Finance.
Hassle-Free Eligibility
Avail of a Loan Against Property from us by complying with easy-to-meet eligibility parameters and submitting a handful of 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
Meet medical and other emergencies without hassle. Receive the funds in account within 72 hours*, thanks to 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 mortgage loan to Bajaj Housing Finance. 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 simple online portal.
Loan Against Property in Pune: Eligibility Criteria
For Salaried Applicants
- Indian resident with the age between 28 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
For Self-Employed Applicants
- Indian resident with the age between 25 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
**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 Pune: Required Documents
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.
Loan Against Property in Pune: How to Apply
Apply for a Loan Against Property by clicking on the online application form and following the steps mentioned below
- Enter personal and employment details
- Provide your income details to get loan offerings suited to your income profile
- Submit the application form
Once the form is submitted, our representative will contact you to proceed with the Loan Against Property application.
Keep the aforesaid documents handy to expedite the verification process and obtain funds in your account at the earliest.
*Terms and conditions apply