Bajaj Housing Loan Against Property

Bajaj Housing Finance offers Loan Against Property (LAP) with loan amounts up to ₹50 Crores at interest rates starting from 12, making IT one of the highest-ticket LAP providers in India as of 2026. The company maintains a strong credit rating with CRISIL and India Ratings at AAA/Stable, reflecting its strong financial health and lending credibility.

Feature	Details
Maximum Loan Amount (Loan Against Property)	Up to ₹50 Crores
Interest Rate (Loan Against Property)	Starting from 12 (floating rate)
Loan Tenure (Loan Against Property)	Up to 25 years
Minimum Age Requirement	23 years (25 years for balance transfer)
Maximum Age at Maturity	70 years
Eligibility – Income Source	Steady source of income required
Eligibility – Business Vintage	Minimum 3 years of business continuity
Eligible Property Types	Residential and commercial properties
Loan-to-Value (LTV) Ratio	Up to 75% (subject to property valuation and borrower profile)
Processing Fees	Up to 4% of loan amount + GST
Prepayment Charges	Nil (RBI mandate for floating rate loans)
Documentation Requirement	Simple documentation with minimal formalities
Approval Cycle	Short approval cycle; fast disbursal
Balance Transfer Option	Available for existing LAP borrowers
Balance Transfer Interest Rate	Starting from 12
Geographic Coverage	Eligible Indian cities only
Valuation Charges	Applicable (as per lender norms)
Legal & Technical Fees	Applicable (charged separately)
Credit Assessment Basis	Evaluation of credit profile, income stability, and repayment capacity
Lender Discretion	Bajaj Finance Limited has sole discretion to accept or reject applications

Bajaj Housing Finance's LAP program in 2026 is designed for self-employed professionals and business owners seeking high-value financing with flexible tenures and minimal documentation. Bajaj Housing Finance offers a Loan Against Property (LAP) with a maximum limit of ₹50 crore, as of 2026. The interest rate starts at 12, varying by borrower profile and loan structure. The lender operates through over 1,400 locations across India, serving 50 million+ customers via its digital and physical network. Loan tenure extends up to 25 years, with eligibility based on property valuation, income, and credit score.

Feature	Detail
Maximum Loan Amount	₹50 Crores
Minimum Interest Rate	12
Interest Rate Range	12 – 12
Salaried Borrower Rate (Min)	12
Salaried Borrower Rate (Max)	12
Non-Salaried Borrower Rate (Min)	12
Non-Salaried Borrower Rate (Max)	12
Maximum Tenure	25 years
Minimum Loan Amount	₹5 Lakh
LTV Ratio	40% – 75% (based on property and borrower profile)
Processing Fee	Up to 2.50% of loan amount
Prepayment Charges (Floating Rate)	Nil (RBI mandate)
Prepayment Charges (Fixed Rate)	Up to 12 of outstanding amount
Foreclosure Option	Allowed after lock-in period of 6–12 months
Balance Transfer Availability	Yes, for existing LAP from other lenders
Balance Transfer Rate	Starting at 12
Customer Base	50 million+ across India
Nationwide Presence	1,400+ locations
Partner Lenders on Bajaj Markets	13+
Property Types Accepted	Residential, Commercial, Industrial

Bajaj Housing Finance is a subsidiary of Bajaj Finance Limited and functions under National Housing Bank (NHB) regulations. The company provides LAP for salaried and self-employed individuals, with digital application support via the Bajaj Finserv App. Loan disbursal is subject to technical and legal evaluation of the property. As of 2026, Bajaj Housing Finance's share price target is projected between ₹290 and ₹330. The firm supports borrowers through a network of 1.5 lakh+ partner stores across 4,000+ Indian cities, enabling wide access to credit.

Loan Type	Interest Rate (Starting)	Maximum Loan Amount	Maximum Tenure	Target Borrower
Loan Against Property	12	₹5 Crores	18 Years	Self-Employed Individuals
Loan Against Property	12	₹5 Crores	18 Years	Salaried Professionals
Loan Against Property Balance Transfer	12	₹5 Crores	18 Years	Existing LAP Borrowers
Top-Up Loan Against Property	12	₹5 Crores	18 Years	Existing Bajaj LAP Customers
Commercial Property Loan	12	₹10 Crores	20 Years	Business Owners
Residential Property Loan	12	₹5 Crores	20 Years	Resident Indians
High-Value Property Loan (₹10–25 Crore)	12	₹25 Crores	22 Years	High-Net-Worth Individuals
Premium Property Loan (Above ₹25 Crore)	12	₹50 Crores	25 Years	Ultra High-Net-Worth Individuals
Loan Against Industrial Property	12	₹15 Crores	20 Years	MSMEs & Industrial Units
Loan Against Land (Developed)	12	₹3 Crores	15 Years	Landowners in Tier 1/2 Cities
Loan Against Agricultural Land	12	₹1 Crore	10 Years	Registered Farmers
Loan Against Property for Professionals	12	₹5 Crores	20 Years	Doctors, CA, Architects

• Minimum applicant age is 23 years for Bajaj Housing Loan Against Property; for balance transfer, IT is 25 years.
• Maximum applicant age at loan maturity is 70 years, regardless of employment type or loan purpose.
• Applicants must have a steady source of income, either through salaried employment or self-employment.
• Self-employed applicants must have a minimum business vintage of 3 years to qualify for the loan.
• Only residents of eligible Indian cities are eligible to apply for this loan product.
• Applicants must own a residential or commercial property that can be pledged as collateral.
• Bajaj Housing Finance reserves the sole discretion to accept or reject any application without assigning a reason.

Eligibility is strictly assessed based on income stability, property valuation, and adherence to age and residency norms. For a ₹1 crore loan at 12 over 15 years, EMI is ₹98,854. For the same loan over 20 years, EMI drops to ₹86,289, saving ₹12,565/month.

Loan Amount (₹)	Interest Rate (p.a.)	Loan Tenure (Years)	EMI (₹)	Total Interest Payable (₹)	Total Payment (₹)
50,00,000	12	10	54,132	14,95,840	64,95,840
50,00,000	12	15	49,327	38,78,860	88,78,860
50,00,000	12	20	43,144	53,54,560	1,03,54,560
75,00,000	12	10	81,198	22,43,760	97,43,760
75,00,000	12	15	73,991	58,18,380	1,33,18,380
75,00,000	12	20	64,716	80,31,840	1,55,31,840
1,00,00,000	12	15	98,854	77,93,720	1,77,93,720
1,00,00,000	12	20	86,289	1,07,09,360	2,07,09,360
1,50,00,000	12	15	1,48,281	1,16,90,580	2,66,90,580
1,50,00,000	12	20	1,29,434	1,60,64,160	3,10,64,160
2,00,00,000	12	15	1,97,708	1,55,87,440	3,55,87,440
2,00,00,000	12	20	1,72,578	2,14,18,720	4,14,18,720

Extending tenure from 15 to 20 years reduces EMI by up to ₹33,274 for a ₹2 crore loan. However, total interest increases by ₹58.31 lakh. A ₹1 crore loan at 12 for 20 years incurs ₹1.07 crore in interest. The same loan at 15 years incurs ₹77.94 lakh, a saving of ₹29.15 lakh. The documents required for a Bajaj Housing Loan Against Property application include identity, address, income, and property proofs. Applicants must submit KYC documents, 3 years of ITR, and property title papers to qualify.

• Identity proof: Aadhaar card, passport, or driving licence (mandatory for all applicants).
• Address proof: Utility bill, Aadhaar, or passport (not older than 3 months).
• Income proof for salaried: Latest 3 months' salary slips and Form 16 (minimum ₹8,000/month combined family income required).
• Income proof for self-employed: 3 years of ITR with computation of income, audited financials, and business vintage proof (minimum 3 years in business).
• Bank statements: 12 months' current account statements for self-employed applicants (to assess cash flow and repayment capacity).
• Property documents: Title deed, registered sale agreement, property tax receipts, and approved building plan (for residential or commercial property).
• Valuation report: Property must be appraised by Bajaj-approved valuer (valuation fees apply, part of processing costs).

Ensure all documents are clear, legible, and self-attested where required. The fees and charges for Bajaj Housing Loan Against Property include processing fees up to 7% of the loan amount plus GST, along with potential additional costs such as valuation, legal, and documentation charges. Prepayment charges are not applicable on floating rate loans as per RBI guidelines.

Fee Type	Charge	Details
Processing Fees	Up to 12 of loan amount + GST	One-time charge, varies based on loan size and applicant profile
Interest Rate (Loan Against Property)	12 onwards	Starting rate for salaried and non-salaried applicants; subject to risk premium
Interest Rate (Balance Transfer)	12 onwards	Rate applicable for transferring existing LAP from other lenders
Prepayment Charges	Nil (RBI mandate for floating rate)	No charges on part-prepayment or full foreclosure for floating rate loans
EMI Bounce Charges	₹750 per occurrence	Levied if EMI fails due to insufficient funds
Foreclosure Charges	Nil (floating rate)	Applicable only on fixed rate loans; waived under RBI guidelines for floating
Valuation Fees	₹3,000 – ₹7,500 (approx.)	One-time charge for property assessment; varies by location and size
Legal & Technical Inspection Fees	₹2,000 – ₹5,000 (approx.)	Covers legal verification and technical evaluation of property
Documentation Charges	Actuals	Includes stamp duty, registration, and notarization costs
Switch Over Charges	Nil	No fee for transferring LAP from another lender to Bajaj Housing Finance
Penal Interest on Late Payment	2% per month on overdue amount	Charged if EMI is delayed beyond due date
Loan Disbursement Delay Fee	₹500 per day (beyond 7 days)	Applies if delay is due to borrower's documentation shortfall

Most charges are transparently structured, but valuation and legal fees may vary by city and property type, always confirm exact amounts before disbursement.

Lender	Starting Interest Rate (Loan Against Property)	Maximum Loan Amount	Maximum Tenure	Balance Transfer Option
Bajaj Housing Finance	12 p.a.	₹5 Crores	18 years	Available at 12 p.a.
Bajaj Markets (Multiple Lenders)	12 p.a.	₹50 Crores	25 Years	Available via partner lenders
ICICI Bank	12	₹10 Crores	20 years	Available
LIC Housing Finance	12	₹10 Crores	20 years	Available
PNB Housing Finance	12	₹10 Crores	20 years	Available
L&T Finance	12	₹10 Crores	20 years	Available
Sammaan Finserve	12	₹5 Crores	15 years	Available
Aditya Birla Capital	12	₹10 Crores	15 years	Available
HDFC Ltd	12	₹10 Crores	20 years	Available
Axis Bank	12	₹10 Crores	20 years	Available
State Bank of India	12	₹7.5 Crores	20 years	Available
Kotak Mahindra Bank	12	₹10 Crores	15 years	Available

Bajaj Markets offers the highest maximum loan amount of ₹50 Crores with a competitive starting rate of 12 p.a., while Bajaj Housing Finance caps at ₹5 Crores but offers a slightly higher rate of 12 p.a.

Key Takeaways

• Bajaj Markets enables access to loans up to ₹50 Crores, 10x higher than Bajaj Housing Finance's ₹5 Crore limit — through its partner lender network.
• Starting interest rates for Loan Against Property across major lenders range from 12 to 12, with Bajaj Markets offering one of the lowest at 12 p.a.
• Bajaj Housing Finance provides shorter tenures (up to 18 years) compared to competitors like ICICI and HDFC, which offer up to 20 years.

Compare offers and apply for a Loan Against Property on Bajaj Markets to access higher loan amounts and competitive rates from 13+ lenders.