Loan Against Property in Vadodara: Overview
Vadodara, popularly known as Baroda, is an important educational and industrial hub located in western India. With a rich culture and history, this cosmopolitan city is also a popular tourist destination. Vadodara has a high-value real estate market due to its growing industries and modern infrastructure.
If you are residing in Vadodara and looking for a Loan Against Property, opt for Bajaj Housing Finance to avail an attractive credit option. We offer sizeable property loans at competitive interest rates and flexible repayment tenor.
Loan Against Property in Vadodara: Features and Benefits
Flexibility in Repayment
A Loan Against Property from Bajaj Housing Finance comes with a tenor of up to 17 years. Repay the debt comfortably without compromising other financial requirements.
Instant Approval
With the right eligibility and documentation, we take only 24 hours* to approve Loans Against Property (post documents submission).
Easy-to-Meet Eligibility
Meet only a few basic eligibility parameters to qualify for a Loan Against Property of Rs.5 Crore* or more at competitive interest rates, depending on your eligibility.
24/7 Online Management
Visit our online customer portal and view loan details, repayment schedule, and other details about your account anytime, anywhere.
Balance Transfer and Top-up Loan
Transfer your loan balance to Bajaj Housing Finance and stand a chance to avail of a reduced interest rate and lower EMIs. We also offer a sizable Top-up Loan while sanctioning a balance transfer application.
Online Calculators
Calculate your monthly instalments easily with our Loan Against Property EMI Calculator.
Loan Against Property in Vadodara: Documents Required
Our minimal documentation requirement ensures speedy disbursal. Keep the following documents*** ready for a hassle-free approval process:
| Document Type | For Salaried Individuals | For Self-employed Individuals |
|---|---|---|
| Identity and address proof | Aadhaar Card, Voter ID, Passport, PAN Card, Driving License, Utility Bills, Photo identity card and /or address proof | Same as salaried individuals |
| Mandatory Documents | Pan Card/Form 60 | Same as salaried applicants |
| Income proof |
|
|
| Employment proof | Employment Identity Card issued by Employer | Proof of business ownership documents, such as registration certificate and partnership agreement |
| Property documents |
|
|
***Additional documents may be requested at the time of loan processing.
Loan Against Property in Vadodara: Eligibility Criteria
Besides documentation, meeting the Loan Against Property eligibility criteria can help you secure competitive interest rates and other benefits.
Salaried
- Should be aged between 28 to 60 years**
- Should be a residing Indian citizen
- Should be working at an MNC or any public/private firm
- Should have a minimum 3 years of work experience
Self-Employed
- Should be aged between 25 to 70 years**
- Should be a residing Indian citizen
- Should have a steady income from the current business
- Should have minimum 5 years of business vintage
**The maximum age limit is considered as one’s age at the time of loan maturity. Moreover, the upper age limit for applicants can be changed, depending on the property profile.
Loan Against Property in Vadodara: How to Apply
The online application process for a Loan Against Property is straightforward and comprises only a few steps:
- Go to our Loan Against Property application form.
- Enter details such as name, age, address, date of birth, and other basic details.
- Click on 'Generate OTP' and enter it.
- Enter income and property location details.
- Submit the form.
On receiving the form, our representative will contact you and initiate loan processing. After document and property verification, we will disburse the loan amount.
*Terms and conditions apply.
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