Loan Against Property Interest Rate 
                     Loan Against Property Interest 
Rate
Introduction about Loan Against Property Interest Rate
● Loan Against Property is a secured loan that is 
sanctioned against the asset pledged as collateral.
● Loan Against Property Interest Rate can range 
between 6.90% to 18%p.a., depending on the 
lender and their risk assessment of credit profile.
● The interest rate may be differ on the basis of 
desire loan amount, tenure and the property as 
collateral.
Rate of Investment on Loan Against Property Interest Rate 
There are following two types of factor in which rate of investment is 
applied :- 
● For salaried person the rate of investment will be 8.60% * to 15.00%.
● For self-employed person the rate of investment will be 8.10% to 
18.00%.
Factors Affecting Loan Against Property Interest Rate 
There following factors which affects the loan against property interest rate 
are given below :-
● Credit Score
● Applicant’s Profile 
● Loan Duration 
● Property to be Mortgage
Guidance to Get a Loan Against Property
There are several step which guide the process to take loan against 
property :- 
● Check the eligibility criteria
● Confirm all the required document 
● Confirm that you are applying for fixed or floating interest on loan 
against property
● Fill online application form of loan against property
● Await contact from the lender’s authorised representative
● Submission of document  
Document Required for Loan Against Property  
In general, banks required the following document 
for sort of loans:
● Income tax return to rule out any legal non-
compliancance
● Address and identity proof, like the Aadhaar card
● PAN card
● Bank statement of the past six months-3 years
● Proof of employment and self-organisation
For More Info:-
6th Floor,Bajaj Finserv Corporate Office, 
Off Pune-Ahmednagar Road,
Viman Nagar, Pune – 411014
Email:- [email protected]
Website:- https://www.bajajfinserv.in/
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