Bajaj Finserv

Bajaj Finserv

Bank Name
Interest Rate Range
Processing Fee Range
Loan Amount
Tenure Range

Rate of Interest

  • Floating Rate of Interest : 12 % to 12.75 % p.a.

Eligibility Criteria

  • Minimum 21 years of age and maximum 65 years
  • Loan period from 1 year to 15 years
  • Should be either salaried or self-employed and have regular source of income
  • Should have sufficient income to pay EMI on required loan
  • Applicant must be Indian Citizen, in case of NRI or person of Indian origin it should be properly documented

Fees and Charges

  • Processing  Fee 2%  depends on type and category of borrower
  • Preclosure Charges – Rs 0
  • Part Payment charges- Rs 0
  •  No any other hidden charges

Documents Required

  • KYC- Pan Card, Adhar Card, ID Proof and Address proof
  • ITR with computation for 3 years with Income proof
  • Bank Statement
  • Photograph
  • 2 references

Value Additions

  • Doorstep services
  • E- approvals
  • Part payment allowed

Special Feature

  • No guarantor required
  • No pre-closure or part payment fees
  • Balance Transfer Allowed
  • Top up available

Overview about Bajaj Finserv

Bajaj finserv is one of the India’s most diversified and leading finance companies. It offers various types of loans.Bajaj Finserv is a part of Bajaj Holdings & investments Limited. Among its product offering is the company’s very attractive home financing solutions.The company is currently engaged in consumer finance businesses., life insurance, and general insurance and has plans to expand its business by offering a wide array of financial products and services in India.

Your Eligibility depends on following

You should be minimum 21 years old

You should be maximum 65 years old

You should be salaried or self employed

You should have sufficient income to pay EMI on required loan

You can increase your eligibility by doing following

Minimum income required Rs.25,000 per month
EMIs of other loans lower your eligibility
Pay off your credit card bills
Choose longer tenure loan up to 15 years

Rate of Interest and Other Charges for Loan Against Property are following

Rate of Interest:


Loan Type

Rate of Interest


Loan against Property (Floating)

12% to 12.75%

Existing Loan take over or New Loan

Here are some points that why you should choose Bajaj finserv for loan against property:

  • A property loan from Bajaj Finserv is the most secured and multipurpose
  • Loan is granted under different categories including Mortgage Loan against Property, Loan against Plot, Loan against Commercial or Residential Property
  • The loan allows for prepayment facility wherein any amount of loan can be prepaid provided that each prepaid amount is at least equal to 3 times the monthly EMIs or more.
  • There are no foreclosure charges applicable for closing the loan against property before the tenure after paying off the entire loan with interest
  • The loan offers a unique facility of Flexi Saver which combines the features of a Term Loan and Credit Line
  • Ease of accessing the loan information regarding the tenure remaining, interest payable, etc. through online access facility provided by the company
  • The company provides 3 free EMI months wherein EMIs are not required during the first 3 months after availing the loan offering the customer

Features of Loan

Benefits and Features of Bajaj finserv bank Loan against property:

  • Higher loan amount
  • Flexible repayment facility
  • Lower EMI
  • Longer tenure period
  • Multi-purpose loan facility
  • Loan against both residential and commercial property
  • Speedy loan approval
  • Loan can be applied online
  • Specially designed loan for self-employed individuals

Documents required for Bajaj Finserv Loan against Property

The following documents are required for Bajaj Finserv Loan against property:

For Salaried Individuals:

  • Proof of Residence(any of the following documents will be accepted)
  1. Ration Card
  2. Telephone Bill
  3. Electricity Bill
  4. Voter’s ID Card
  • Proof Of Identity(any of the following documents will be accepted)
  1. Voter’s Card
  2. Driver’s License
  3. employer’s Card
  • Bank Statement / Passbook of last 6 months
  • Salary slip of last 6 months.
  • Form 16 for previous 2 years.
  • Legal documents of the concerned property.

For Self-employed individuals

  • Certified financial statement of last 3 years.
  • Proof of Residence (any of the following documents will be accepted)
  1. Ration Card
  2. Telephone Bill
  3. Electricity Bill
  4. Voters Card
  • Proof of Identity (any of the following documents will be accepted)
  1. Voter’s Card
  2. Driver License
  3. Employer’s Card
  • Latest Bank Statement or Passbook
  • Copies of all property documents which you want to use as collateral.