Loan Against Property in Thane: Overview
Situated close to Mumbai, Thane is a bustling metropolitan in Maharashtra. The city is also famous for its variety of natural and artificial lakes. In addition to that, Thane is renowned for several noted educational institutions.
Residents can now easily manage various financial commitments, especially big-ticket expenses, with property loans. With Bajaj Housing Finance Loans Against Property, you can enjoy attractive interest rates and convenient loan terms for a better borrowing experience.
Loan Against Property in Thane: Features and Benefits
A Loan Against Property can help meet various requirements such as business needs, housing needs, or debt consolidation. The following are some of the benefits that you stand to gain from:
Quicker Processing
Enjoy approval against your loan application within 24 hours* from the time you submit loan-related documents. Keep the documents handy to avoid delays.
Swift Disbursal
Meet the Loan Against Property eligibility criteria, submit the necessary documents, and get the loan amount credited within 72 hours* post document submission and approval.
Easy Eligibility Criteria
The lenient eligibility parameters and minimal documentation make it easy to avail of our Loan Against Property.
Doorstep Services
Availing of mortgage loans is stress-free with Bajaj Housing Finance. Following your loan application, our representatives will collect the necessary documents from your office or house address at your convenience.
Repayment Flexibility
A Loan Against Property is a long-term credit with a repayment tenor ranging up to 17 years. Bajaj Housing Finance allows you to repay the borrowed credits at your own pace.
Balance Transfer with Top-up Loan Facility
You can now shift your Loan Against Property to Bajaj Housing Finance from your existing financer easily. Also, you get a chance to avail of a Top-up Loan facility to manage housing requirements.
Online Account Management
Access our user-friendly online customer portal to manage your loan account from anywhere.
Online Calculators
Quickly learn about the loan amount and monthly instalments by using the Loan Against Property Eligibility Calculator and Loan Against Property EMI Calculator respectively.
Loan Against Property in Thane: Documents Required
Our Loan Against Property application process does not include lengthy paperwork. Keeping the following documents handy will streamline the process and ensure quick disbursal:
Document Type | For Salaried Individuals | For Self-Employed Individuals |
---|---|---|
Identity and address proof | Voter's ID, PAN Card, Aadhaar Card, Passport, Driving License, Utility Bills, or any government-approved photo identity card and /or address proof | Same as salaried individuals |
Employment proof | Employer-issued identity card | Documents of business ownership, such as Registration Certificate and Partnership Agreement |
Income proof |
|
|
Property document | Property documents such as Title Deed | Same as salaried individuals |
Note: This list is indicative. Additional documents may be needed during loan processing.
Loan Against Property in Thane: Eligibility Requirements
To get instant approval on your Loan Against Property application, you will need to meet the below eligibility criteria:
For Salaried Applicants
- Should be a citizen of India residing in the country
- Should be aged between 23 and 60 years**
- Should be an employee of a public, private, or multinational organisation with a minimum of 3 years of work experience
For Self-Employed Applicants
- Should be a citizen of India residing in the country
- Should be aged between 23 to 70 years**
- Should have a steady income from the existing business with a minimum vintage of 3 years
**The upper age limit is considered as the 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 Thane: How to Apply
The application process for a Loan Against Property with Bajaj Housing Finance is straightforward. It is advisable to review the loan specifics, EMI amount, and eligibility before you apply for the loan. Follow the steps given below to apply online:
- Navigate to the application form and enter details such as name, address, date of birth, and contact information.
- Enter the required loan amount and PIN code.
- Proceed to generate an OTP.
- Provide accurate income details and property details.
- Submit the loan application form.
After completing the Loan Against Property application process, a Bajaj Housing Finance representative will get in touch with you and take you through the further process.
*Terms and conditions apply.
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