Overview of a Loan Against Property in Surat
Surat, one of the most well-known cities in Gujarat, is popular for being the largest diamond producer in the world. It is also a hub of the textile industry along with other IT and several multinational companies, making it a desirable location for real estate.
Bajaj Housing Finance offers Loans Against Property in Surat at competitive interest rates. Our Loan Against Property can be utilised to meet multiple financial requirements, such as consolidating existing debts, financing business requirements or housing expenses.
Features and Benefits of a Loan Against Property in Surat
Higher Loan Sanction
With the Bajaj Housing Finance Loan Against Property, you can benefit from a sizeable loan amount of Rs.5 Crore*, or more, based on your eligibility and property value.
Quick Disbursal
After verifying your loan application and documents, we disburse the loan amount within 72 hours*, so that you can start using the funds to address your financial emergencies without any delay.
Doorstep Document Services
Apply for a Bajaj Housing Finance Loan Against Property and enjoy the convenience of our doorstep document pick-up service. Our representative will collect your documents from your home or workplace, making the process hassle-free and efficient.
Simple Eligibility Criteria
You need to qualify for our simple Loan Against Property eligibility criteria to secure a sizeable sanction at favourable terms. Use these funds to meet your housing or business-related expenditures.
Convenient Repayment Tenor
Manage your monthly expenses with ease through our flexible repayment period. With a repayment tenor extending up to 17 years, you can enjoy feasible EMIs and a comfortable repayment schedule.
Calculate Your Loan Against Property EMI
Repayment Schedule
Documents Required for a Loan Against Property in Surat
A Loan Against Property from Bajaj Housing Finance entails minimal paperwork, which ensures faster loan approval and disbursal. Keep these necessary documents*** ready before applying:
| Document Type | For Salaried Individuals | For Self-Employed Individuals |
|---|---|---|
| Identity and address proof |
|
|
| Mandatory Documents |
|
|
| Employment proof | Employer issued identity card | Documents of business ownership such as registration certificate and partnership agreement |
| Income proof |
| Financial documents such as
|
| Property documents | Title Deed and Property Tax Receipt | Title Deed and Property Tax Receipt |
Note: This list is only indicative. More documents may be requested upon verifying your profile.
Eligibility Criteria for a Loan Against Property in Surat
To avail of a Loan Against Property in Surat, both salaried and self-employed individuals need to meet the following eligibility criteria:
For Salaried Applicants
- Must be a residing Indian citizen
- Must be between 23 and 60 years of age**
- Must be a working professional at a public, private, or a multinational organisation with a minimum work experience of 3 years
For Self-Employed Applicants
- Must be a residing Indian citizen
- Must be between 23 and 70 years of age**
- Must maintain a steady income from the current business, which should have a minimum 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.
For a better understanding, use our Loan Against Property Eligibility Calculator and check the approximate loan amount you can avail of.
Steps to Apply for a Loan Against Property in Surat Online
Follow these steps to apply for a Loan Against Property with Bajaj Housing Finance:
- Go to our Loan Against Property application form.
- Enter your personal details, such as name, contact number, and employment type.
- Select the loan type you wish to avail of and your net income details.
- Enter your PIN code and the required loan amount.
- Click on 'Generate OTP' to verify your mobile number.
- Enter the details related to your property and finances.
- Submit the application form.
After submitting the online form, our representative will contact you for further steps.
*Terms and conditions apply.
Yes, you can avail of a Loan Against Property in Surat with Bajaj Housing Finance and benefit from a competitive interest rate and quick disbursal to meet business or housing-related expenses.
We offer attractive interest rates to self-employed and salaried applicants. To know our interest rates, click here.
No, you need to submit income proof to apply for a Loan Against Property in Surat.
To be eligible for favourable terms on a Loan Against Property in Surat, you should ideally have a CIBIL score of 750 plus.
