₹30 Lakh Loan Against Property

Take a ₹30 Lakh Loan Against Property (LAP) to address your diverse financial needs with no restrictions. By pledging your high-value property as collateral, you can access funds without limitations.

A ₹30 Lakh loan is a significant sum, requiring careful planning to manage effectively. Understanding the repayment amounts for various tenures and the payment schedules will enable you to select the most suitable plan for more manageable repayment.

Bajaj Markets offers a smooth borrowing experience with its fully online application process and minimal formalities.

A longer tenure lowers your EMIs for a ₹30 Lakh loan against property, but results in higher total interest payments. You can easily calculate the amounts using a loan against property EMI calculator.

Below is a table showing the EMI for different tenures, based on an annual interest rate of 9.50%:

Disclaimer: The figures mentioned in the above table are indicative. It is imperative to check the actual payable EMIs before applying.

For a ₹30 Lakh loan, the table below shows the EMI for a 10-year tenure, total interest charges, and the total payable amount:

Disclaimer: The figures mentioned in the above table are indicative. It is imperative to check the actual payable EMIs before applying.

Below is the detailed repayment structure for a ₹30 Lakh loan against property with a tenure of 20 years:

Disclaimer: The figures mentioned in the above table are indicative. It is imperative to check the actual payable EMIs before applying.

Choosing a long tenure of 30 years can simplify the repayment process by splitting the total amount over an extended period. A comprehensive breakdown of the EMI, total interest, and total amount payable for a ₹30 Lakh loan is given below:

Disclaimer: The figures mentioned in the above table are indicative. It is imperative to check the actual payable EMIs before applying.

Choosing the right lender is key to obtaining the best loan terms. Visit Bajaj Markets to explore LAP options and compare terms from multiple lenders. Below is a list of lenders and their starting interest rates:

Disclaimer: The mentioned rates are subject to change at the lender’s discretion. 

To secure a loan against property, you must fulfil certain eligibility conditions. Here are the specific requirements for salaried and self-employed applicants when applying with Bajaj Markets:

• Age: Between 21 and 70 years

• Minimum Monthly Income: ₹30,000

• Work Experience: At least 1 year for salaried individuals, and 2 years for self-employed individuals

You also need to submit the following documents for verification:

For Salaried Individuals:

• Identity Proof: Aadhaar card, PAN card, Voter ID, Passport, or any government-issued ID

• Address Proof: Aadhaar card, Voter ID, Passport, utility bill, Ration card, or any government-issued document

• Income Proof: Salary slips for the last 3 months, latest Income Tax Return (ITR), and Form 16

• Documents of the property being pledged

For Self-employed Individuals:

• Identity Proof: Aadhaar card, PAN card, Voter ID, Passport, or any government-issued ID

• Address Proof: Aadhaar card, Voter ID, Passport, utility bill, Ration card, or any government-issued document

• Income Proof: Bank statements for the last 6 months, audited financial statements of the business, and ITR filed by the business

• Documents of the property being pledged