Loan against property is a secured credit that can be used as a financial tool to acquire substantial amounts of funds to finance your education plans, debt consolidation, marriage, business development, etc.
These are the features you need to know about Loan Against Property from Bajaj Finserv –
- Loan Against Property Interest Rates
The interest rates on your loan depend on several factors. It varies on your type of employment; salaried or self-employed. Salaried employees are offered interest rates that range from 10.10% to 11.50%, while for self-employed people it ranges between 10.50% and 14.50%.
- Substantial Loan Amounts
Salaried personnel can up to Rs. 1 Crore as a credit; while self-employed can avail up to Rs. 3.5 Crore.
- Flexible Tenure
Bajaj Finserv allows salaried individuals to opt for a loan tenure ranging from 2-20 years. Self-employed personnel can avail of property loan tenure for up to 18 years.
- Problem-Free Loan Disbursal
Bajaj Finserv completes your loan against property process in just 4 days with simple eligibility criteria and minimal documentation.
- Balance Transfer Facility
You can transfer your loan against property balance to Bajaj Finserv through a balance transfer facility with minimal documentation.