1 day ago
Bajaj Finance Offers Property Loans Starting At 8%
Bajaj Finance Limited offers a loan using a property as security.
This means a person can borrow money while continuing to own and use the property.
Eligible borrowers may receive up to Rs.
15.50 crore.
The advertised interest rate starts at 8% per year.
The money can be used for needs such as education, medical expenses, home renovation or business expansion.
Borrowers can choose a repayment period from 12 months to 180 months.
They apply online by entering their mobile number and other required information.
Approval depends on eligibility, property valuation, verification and the lender’s terms.
Bajaj Finance Limited offers eligible property owners loans against residential or commercial property.
Interest rates start at 8% per annum, with loan amounts of up to Rs. 15.50 crore.
Borrowers can use the financing for business expansion, education, medical expenses and other stated needs.
Repayment tenures range from 12 months to 180 months, subject to eligibility and lender assessment.
Applications can be submitted online with mobile-number verification and required personal, employment and property details.
- Who
- Bajaj Finance Limited and eligible owners of residential or commercial property.
- What
- Bajaj Finance Limited is offering a secured Loan Against Property with rates starting at 8% per annum and financing of up to Rs. 15.50 crore.
- Where
- The article is datelined Pune and describes an online application available through Bajaj Finance Limited’s webpage.
- When
- The article does not specify a launch or offer date.
- Why
- The loan is intended to help borrowers meet major personal or business requirements without selling their property.
Key facts
- Lender
- Bajaj Finance Limited
- Interest rate
- Starting from 8% per annum, subject to terms and conditions
- Maximum loan amount
- Up to Rs. 15.50 crore for eligible borrowers
- Eligible property
- Residential or commercial property
- Repayment tenure
- 12 months to 180 months
- Stated uses
- Business expansion, higher education, home renovation, medical expenses, debt consolidation and other eligible needs
- Application process
- Online application with mobile-number OTP verification and required personal, employment or professional, business and property details
Sources
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