Bajaj Finserv LAP
Do not worry about your financial needs by availing flexible loans from Bajaj Finserv loan against property at an interest rate starting from 10.10%.
Loan Details
Interest Rate
10.10% onwards
Processing Fee
The loan processing fee starts from 6% of the loan amount.
Prepayment
Charges
Nil
Tenure
20 years
- Eligibility Factors
- Documents Required
- Loan Verification Process
- Rate of Interest
a. Age
· For salaried – 33 to 58 years
· For non-salaried – 25 to 70 years
b. Credit Score – NA
c. Employment Type: Salaried/Self-Employed/Companies or Firms
d. Minimum net income – Contact Bajaj Finserv
e. Work Experience
· For salaried – Stable job with Payslip as proof
· For Non-salaried – Stable Income with ITR as proo
All the loan applicants are required to submit the following documents by Bajaj Finserv:
l Duly Filled Application form
l Identity Proof
l Address Proof
l Income Proof
l Property Documents for the Mortgage
Salaried loan applicants are required to submit the following documents for income proof:
l Latest Salary Slip
l Bank account statement for past 3 months
l Income Tax Returns
Non- Salaried loan applicants are required to submit the following documents for income proof:
l Bank Account Statement for past 6 months
Identity Proof (For all borrowers)
l Aadhar Card
l Passport
l Driving License
l Voter ID Card
l Any other government ID for identity proof
Proof of Address (For all borrowers)
l Aadhar Card
l Passport
l Voter ID Card
l Utility Bills (Electricity, Telephone etc.)
l Address proof issued by government
For salaried, the borrower needs to be a resident of India. For non-salaried borrowers must be residing in one of these cities – Delhi, Kolkata, Mumbai, Thane, Pune, Bangalore, Udaipur, Chennai, Vizag, Cochin, Surat, Indore, Aurangabad
The process of application and verification of the loan is efficient and quick:
1. The first step is to apply for the loan by filling the online application form. Once it is done, a representative will get in touch within 24 hours. The approval of the application is received with 48 hours of application. Bajaj Finserv representative will collect the necessary documents for verification.
2. You can also log on to apnapaisa.com and apply for a loan against the property. A representation from Apnapaisa.com will connect with you and process the application after collecting the relevant documents.
3. The documents will be verified by an authorised representative at Bajaj Finserv. Once the loan is approved, the amount will be disbursed in the borrowers account within 4 working days.