Home Loan in Nagpur: Overview
Nagpur is the third largest city in Maharashtra and home to manufacturing industries, power stations, and the renowned project, MIHAN. The city also prides itself in being among the cleanest and greenest cities in India. With top educational institutes, plentiful job opportunities, and amenities that support a modern lifestyle, Nagpur can be an excellent choice for homebuyers. To assist prospective homebuyers, Bajaj Housing Finance offers sizeable Home Loans in Nagpur at competitive interest rates.
Home Loan in Nagpur: Features and Benefits
Minimal Documentation
To apply for a Home Loan with Bajaj Housing Finance, you only need to meet a few eligibility terms and provide minimal documentation.
Flexible Repayment
Basis eligibility, you can repay your Home Loan over a tenor of up to 32 years, which can make the loan repayment journey manageable and easy.
Zero Part-Prepayment or Foreclosure Charges
Individual borrowers who avail of a Home Loan at a floating rate of interest can benefit from zero charges on part-prepayment or foreclosure of their loan.
Easy Loan Balance Transfer
Transfer your Home Loan and bring down your EMIs by switching to Bajaj Housing Finance and refinancing your existing Home Loan. Apart from a competitive interest rate, get a sizeable Top-up Loan for additional housing expenses.
Swift Loan Processing
You can apply online and submit the requested details. With an online application form you can have your Home Loan approved speedily.
Digital Account Management
Track your Home Loan details with online customer portal. Access it anytime, anywhere and view your repayment schedule, check or download your interest certificate, and more.
Online Loan Calculators
With our suite of user-friendly calculators, you can better manage your Home Loan. While the EMI calculator helps you decide a suitable loan amount and tenor, the Home Loan Eligibility Calculator tells you how much financing you can qualify for.
Home Loan in Nagpur: Documents Required
To avail of the Bajaj Housing Finance Home Loan, you need to submit the following set of documents:
- Aadhaar Card and Utility bills for identity verification. PAN Card or Form 60 are mandatory documents
- Salaried applicants need to submit their last 3 months’ salary slips to prove eligibility
- Self-employed applicants need to submit the proof of their business vintage to prove their eligibility
- Property-related documents
This list of documents is indicative, and you may be required to submit others during your application, if needed.
Home Loan in Nagpur: Eligibility Criteria
Qualifying for a Home Loan is easy as Bajaj Housing Finance lists simple eligibility terms.
| Eligibility Criteria | For Salaried | For Self-employed |
|---|---|---|
| Nationality | Indians (including NRIs) | Indians (residents only) |
| Age | 21 to 75 years** | 23 to 70 years** |
| Experience | 3 years and above | 3 years and above |
| Income | Employed with a stable source of income from a public, private or a multinational organisation | Showcase stable revenue stream from the existing 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.
Home Loan in Nagpur: How to Apply
Before applying for a Home Loan in Nagpur, you can check your eligible loan amount by using the eligibility calculator. To select the best tenor, you can use the Home Loan EMI Calculator. With a straightforward online application form, you can conveniently apply for a Home Loan with Bajaj Housing Finance. To apply online, follow the steps given below:
- Click on the online application form.
- Select the type of loan
- Enter important details pertaining to your personal information, finances, and employment or business data.
- Enter OTP to verify your phone number.
- Next, populate all the required details as per your employment type.
- Submit the application form.
Once you have submitted all the details , our representative will take you through the future steps needed to initiate disbursal.
*Terms and conditions apply.
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