Young job seekers and students increasingly choose Noida, a sizable NCR city and a nearby New Delhi satellite city. Due to their high liveability indices and posh lifestyles, prospective homebuyers frequently travel to sectors of the town like Sectors 44, 55, and 56, as well as Sector 15.
The Bajaj Housing Finance Loan Against Property is a flexible financing option that can assist you in achieving your goal of purchasing a brand-new home. You can benefit from the loan amount at a fair interest rate, and the loan sanction can be up to Rs. 5 crores* or even more, depending on your eligibility. Additionally, since the loan amount has no end-use restrictions, you can use it to pay for additional home-buying expenses without feeling obligated to repay it immediately.
Required Documents for a Loan Against Property
To speed up the loan application process, have any supporting documentation before submitting your Loan against the property application.
| Document Type | Salaried Applicants | Individual Self-Employed |
| Employers’ Proof | A badge has been provided by the employer. | Valid ownership documentation for the business, such as partnership agreements, registration documents, etc. |
| Income Proof | • The most recent financial statements and pay stubs for the previous three months.
• Tax return forms |
• Primary bank statements dating back at least six months.
• ITR Records • The latest balance sheet and income statement |
Remember that this is just a sample list. Additional documents may be needed during the loan application process.
How to Apply for a Loan Against Property
After ensuring you meet the requirements and have all the required documentation, you can quickly and easily apply online for a loan against property.
- Fill out the Loan Against Property application form with your contact, employment, and personal information.
- Select the location of your property and give details about your yearly turnover.
- After you submit your application, a staff member will contact you to help with the remaining procedures, which include providing supporting documentation and verifying your property.
Following the review and approval of your application, you can anticipate that your loan amount will be disbursed into your account in less than 72 hours*.
Check out True Asset Consultancy if you’re considering investing in residential Projects and commercial projects in Gurgaon.
