Home Loan in Badami

Home Loan in Badami: Interest Rate, Fees, and Charges

We provide competitive interest rates for Home Loans that start as low as 8.50%* p.a. (for salaried individuals). However, our rates are just as attractive for other employment types as well:

Here are some key points to remember about the Home Loan interest rate, fees, and charges:

• The interest rate for a salaried applicant begins at 8.50%* p.a.
• The interest rate for a self-employed applicant begins at 9.10%* p.a.
• Applicants will be charged a processing fee of up to 4% of the loan amount + GST as applicable.

Home Loan in Badami: Documents Required

Bajaj Housing Finance requires only a few supporting documents***. Our minimal document requirement ensures quick Home Loan processing and disbursal. Keep the following documents handy for speedy processing:

• Mandatory documents such as PAN Card or Form 60
• KYC documents such as Aadhaar Card, Passport, Driving License, and Voter ID Card
• Income proof such as salary slips for the past 3 months (for salaried applicants)
• Proof of business such as Incorporation Certificate, Memorandum of Association, and Company profile (for self-employed applicants)
• Financial documents such as banking statements for the past 6 months, and Income Tax Returns
• Property documents such as Allotment letter, Title Deed, and Property Tax Receipt

***Applicants should note that this list is only indicative. You may be required to provide additional documentation, basis your profile.

Home Loan in Badami: Eligibility Criteria

When applying for a Home Loan, a borrower needs to meet the minimum eligibility criteria:

Salaried Applicant

• The applicant should be Indian (including NRIs).
• The applicant should be between the ages of 23 and 75 years**.
• The applicant should have at least 3 years of work experience in an MNC, a public or private sector company.

Self-Employed Applicant

• The applicant should be Indian (resident only).
• The applicant should be between the ages of 25 and 70 years**.
• The applicant should have at least 5 years of experience in the current business.

**The upper age limit is considered as the age at the time of loan maturity. Additionally, the upper age limit for applicants is subject to change, depending on the property profile.