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Know How To Apply For A Loan Against Property From Bajaj Housing Finance,

Check out the Procedures for a Loan Against Property from Bajaj Housing Finance. To know how to apply and documents required to apply for Loan, check out this amazing presentation. You can easily apply for LAP through our official website. Visit:- https://www.bajajhousingfinance.in/resources/process-to-apply-for-loan-against-property

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Know How To Apply For A Loan Against Property From Bajaj Housing Finance,

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  1. KNOW HOW TO APPLY FOR A LOAN AGAINST PROPERTY FROM BAJAJ HOUSING FINANCE

  2. WHAT iS LAP? • Loan secured against a residential or commercial property. • Less risky for lenders than unsecured loans, as property can be sold in case of default. • Loan against propertygets easily approved and the amount is large. • Both salaried and self-employed individuals can apply.

  3. LAP ELIGIBILITY If you are salaried, you should be: • Between 24 and 60 years of age. • Employed with a reputed company, like MNC. • Indian resident. If you are self-employed, you should: • Be between 24 and 60 years of age. • Have steady income flow for 6 months to a year, till loan application. • Be Indian resident or own property in India.

  4. TIPS TO SECURE LAP EASILY Interest Rate - Research and compare lenders to land attractive interest rate and maintain a good credit score for negotiation. Tenure – Choose long tenure for affordable EMIs and short ones for quick repayment. Loan Amount – Compare loan to value ratio of different lenders to get maximum loan amount, but only what you can repay.

  5. MORE TIPS TO SECURE LAP SMOOTHLY Property Condition – Ensure your property is in good shape and the paperwork is in place. Loan Agreement – Check for adverse clauses, hidden costs, and penalties. Find out what happens if you miss payments or default. Processing and disbursal time – Make sure you get the loan amount by the time you need it.

  6. LAP DOCUMENTS FOR SELF-EMPLOYED BORROWERS Proof of income - Documents showing the business to be 5 years old at least, ITR, account statements, tax audit report. Proof of identity – Aadhaar Card, driving license, Government employee ID, Voter ID, PAN Card, Passport. Birth date proof: Driving License, SSC mark sheet, birth certificate, Aadhaar Card. Proof of address: Telephone bill, gas bill, property tax receipt, voter ID, electricity bill.

  7. LAP DOCUMENTS FOR SALARIED BORROWERS Proof of income – Form 16, pay slips, account statements. Proof of identity – Aadhaar Card, driving license, Government employee ID, Voter ID, PAN Card, Passport. Birth date proof: Driving License, SSC mark sheet, birth certificate, Aadhaar Card. Proof of address: Telephone bill, gas bill, property tax receipt, voter ID, electricity bill.

  8. Thank You !Would Love to Hear From You BAJAJ HOUSING FINANCE LIMITED Cerebrum IT Park, 5th Floor B2 Building, Holy Cross Rd, Kalyani Nagar, Pune, Maharashtra 411014 Tel. +91 8698010101 Email Id: bhflwecare@bajajfinserv.in GMB Profile:- https://g.page/r/CeEl71lfnAGZEAE Website:- https://www.bajajhousingfinance.in/

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