The process of disbursement is as follows:
Submission of paperwork
Submit documents (see ‘Eligibility & Documents’ page for details) as per the requirements
Sanctioning of loan
Your creditworthiness is calculated by Bajaj Housing Finance Limited, based on your income, age, employer or firm with whom you work, and CIBIL report. If you are self-employed, your nature of work, bank statements, and CIBIL report is studied. This helps us plan the maximum loan amount that we can offer you. You are then issued a loan sanction letter
Acceptance of loan
If you agree with the terms and conditions of the loan, submit a signed duplicate copy of the loan sanction letter
Disbursement of loan
The loan will be disbursed once all relevant papers of the property have been verified, all pertinent documents have been submitted, and the loan agreement has been executed