Home Loan in Surat: Overview
Surat, a rapidly growing city in India, is an excellent location for housing investment with its thriving diamond and textile industries, along with diverse employment opportunities. The city's strong infrastructure and strategic location along the western coast contribute to its appeal for real estate development. Surat's rich cultural heritage and modern amenities make it an attractive destination for families and professionals alike.
If you are looking to settle in Surat with a property of your own, you can consider the Bajaj Housing Finance Home Loan. We offer housing loan for a longer repayment tenor at a competitive interest rate.
Home Loan in Surat: Features
The Bajaj Housing Finance Home Loan comes with a host of benefits. Applicants across India can apply either online and offline and enjoy the same features.
Flexible Tenor
The repayment window goes up to a maximum of 32 years, giving you the freedom to tailor your EMIs to your financial capacity.
Home Loan Balance Transfer
Existing Home Loan borrowers can reduce their EMIs with our quick and hassle-free Home Loan Balance Transfer facility. Refinance your existing home loan in Surat at a better rate of interest and avail of a Top-up Loan for additional expenses.
Zero Foreclosure Charges
Individuals with a floating-rate Home Loan can choose to prepay or foreclose without any additional charges.
Top-up Loan
Obtain a sizeable Top-up Loan at an attractive interest rate when you transfer your Home Loan to us. Use the sum to cover any housing expense of your choice.
Digital Customer Portal
Access your Home Loan details from the comfort of your home itself, anytime. From paying outstanding EMIs to viewing your statements and repayment schedule, have 24x7 access to a suite of loan services.
Quick Loan Processing
You can apply online for a Home Loan in Surat to expedite loan approval and disbursal. Our representative will walk you through the process and also set up a doorstep document pick-up to make the application process hassle-free.
Easy Online Calculators
Check how much finance you can qualify for with our eligibility calculator and forecast your EMIs with our EMI calculator to plan for repayment. Use tools such as the Home loan Balance Transfer Calculator and Home Loan Prepayment Calculator to make the most of your Home Loan in Surat.
Home Loan: Interest Rate, Fees, and Charges
Get a Home Loan in Surat from Bajaj Housing Finance at competitive interest rates starting from 8.50%* p.a. for salaried applicants. To know more about our interest rates in detail, click here.
Home Loan in Surat: Documents Required
Our documentation requirements are basic and make it easy to apply for a Home Loan in Surat. You will have to submit a few documents*** pertaining to your identity, address, income, and property. Check the list below:
- KYC documents (including address and ID proof)
- Mandatory documents (PAN card or Form 60)
- Income documents (based on your borrower profile, such as salary slips (for salaried applicants), Form 16, and P/L statement (for self-employed applicants), among others)
- Bank account statements of the last 6 months
- Proof of business (for self-employed applicants)
- Passport-sized photograph
- Property papers, such as sale agreement, title deed, allotment letter, and receipt of payments made to the agent or developer
***This list of documents is indicative, and you may be required to submit others during your application, if needed.
Home Loan in Surat: Eligibility Criteria
You can avail of a Home Loan in Surat with simple eligibility terms, which includes:
| Eligibility Criteria | For Salaried | For Self-employed |
|---|---|---|
| Nationality | Indian (including NRIs) | Indian (residents only) |
| Age | 21 to 75 years** | 23 to 70 years** |
| Work Experience/Business Continuity | 3 years or more of work experience | 3 years or more of business vintage |
**The maximum age is considered 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 Surat: How to Apply
Making an application online is the fastest and most convenient way to apply for a Home Loan in Surat. Here are the essential steps:
It’s recommended you use our eligibility calculator to verify if you meet the parameters and, accordingly, decide on the loan amount. You can then use the Home Loan EMI Calculator to plan set your EMI and select a tenor.
- Navigate to our Home Loan application form.
- Select your occupation type and loan type.
- Enter the required personal details.
- Enter the PIN code and the required loan amount.
- Click ‘Generate OTP’ and enter the received OTP in the respective field. After entering the OTP, click ‘Proceed'.
- Populate all the financial details as requested and complete the form. Note: The fields that you need to fill may vary basis your employment type.
- Click ‘Submit’ to submit the application form.
Once you submit the form, our representative will get in touch with you shortly and explain the next steps.
*Terms and conditions apply
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