Getting yourself a loan against property in baroda can be a bit difficult. Due to the increase in document verification process.
But don’t worry we have a solution for you. We can get you a loan against property in baroda in a few simple steps. Yes, you read that right. We at Zatpat Loans offer loan against property in baroda at affordable interest rate and with instant document verifications. So that you don’t have to wait for long.
You can either go to our contact us page and fill out the details and we’ll get in touch with you. Our you can even reach out to us at
If you have some doubts about what is a loan against property and how it can benefit you. Well then we have listed down some of the important points for you below.
Loan against property helps to meet the demand of personal or business needs. During the time of crisis by putting your property as collateral.
Why Choose Zatpat Loans For Loan Against Property In Baroda?
We can get you a loan against property to meet any of your personal or business demands. Such as:
- Financing your business
- Planning to expand your business
- Meet day to day needs of your business
- Purchase new equipments for your business
- Meet the needs for your wedding
- Education loan
- Or any other need
So whatever your needs be, you can fulfil all of them by getting yourself a loan against property.
What Is The Eligibility Criteria?
Below are the eligibility criteria to get yourself a loan against property in baroda.
- Need to put a property as a collateral
- Should be more than 21 years of age but no more than 65 years
- Should be a resident of India
- Credit Score
- Financial records or ITR
- If there is a co-applicant then their credit score and financials will be needed as well.
What are the documents required?
The amount of documents required varies from person to person. But will still be in one of the two segments. Either he will be a salaried employee or a self-employed individual.
- Aadhar card, Pan Card, Voter ID, Passport
- Latest Salary slip
- Bank statement
- Property Papers
Self Employed Individual
- Aadhar card, Pan Card, Voter ID Card, Passport
- ITR of past 3 years
- Bank Statement
- Property Papers
- Business registration paper, if applicable
Other than these there are chances you might be asked to submit a few other documents as well. It varies from person to person.
How Much Loan Amount Can I Get?
The loan amount can vary from person to person. As it depends on a lot of different factors. Such as the value of property, ITR, Credit score, etc.
Once the bank checks these documents. Then they come to a conclusion as to how much loan they are going to offer you. It can be anything between Rs 10,00,000 to go as high as Rs 1,00,00,000.
How To Know The Amount Of EMI?
Well the EMI for your loan will depend on the amount and repayment duration in accordance to the interest rate offered to you. You can even go and check the amount of EMI by using our EMI Calculator.
What All Are The Charges Included In Loan Against Property In Baroda?
There are a lot of different types of loan against property in baroda charges. Which you should be knowledgeable about. As these charges can be about loan application, interest rate, foreclosure, part pre-payment and much more.
- Processing fees for salaried and self employed individual – 1%
- Fixed interest rate for salaried individual – 9% to 10%
- Floating interest rate for both – 15% or less
- Fixed interest rate for self-employed individual – 9.5% to 11.5%
- Part pre payment – 1%
- EMI Bounce Charges – Rs 2000 per bounce
Frequently Asked Questions
What is the duration of loan against property?
The duration for loan against property in baroda is between 12 months to 30 years.
Which type of property can I put as collateral?
You can put any residential property as a collateral. But you need to make sure that the property is free from any kind of charges or legal disputes.
Can I have a co-applicant in loan against property?
Yes you can have a co-applicant for your loan against property. But then his/her documents will also be required. Such as credit score and financial. Which can even affect your loan approval amount.