Home Loan in Kota: Overview
Kota is a reputed coaching hub, popular amongst medical and engineering aspirants. It is an important district of Rajasthan, with abundant employment opportunities in cement, textile, dairy, chemical, engineering, and power industries. It attracts a large number of job seekers. To prospective homeowners, seeking to own a home, Bajaj Housing Finance offers a Home Loan in Kota for a repayment tenor of 40 years, based on eligibility.
Home Loan in Kota: Features and Benefits
Long Repayment tenor
With repayment tenor extending up to 40 years, you can repay the Home Loan at your own pace.
Minimum Documents and Quick Processing
Get approval for a Home Loan in Kota with basic KYC and financial documents. On applying online, you can get an In-Principle Sanction Letter within 10 minutes*.
Easy Balance Transfer
You can refinance your outstanding loan amount with Bajaj Housing Finance on cost-effective terms. When switching lenders, you can opt for a Top-up Loan for additional home-related needs.
Property Buying Advice
As a prospective homeowner, you receive a property dossier that explains the financial and legal aspects of purchasing a property. Also, to select the best home, you can avail in-person assistance.
Handy Online Calculators
Use the Home Loan Eligibility Calculator to find out if you qualify for a Home Loan and how much you can apply for. Further, use the EMI Calculator to determine the tenor and EMI that suits you best.
Digital Loan Account
Manage your Home Loan and access important details such as your repayment schedule and SOAs through the online customer portal
Affordable Prepayments
Individuals can prepay their Home Loan taken on floating interest rate in part or full against no extra charges and reduce your net interest payment.
Basic eligibility criteria
Get your Home Loan in Kota approved by meeting with simple age, work, and income criteria.
Home Loan in Kota: Documents Required
Availing of a Home Loan from Bajaj Housing Finance is easy, given that you only need to provide basic documentation such as:
- KYC documents
- Mandatory documents (Form 60/PAN Card)
- Salary slips (for salaried applicants)
- P&L statement (for self-employed applicants)
- Income documents
- Last 6 months’ bank account statements
- Proof of business
- Passport-sized photograph
- Sale Agreement and Allotment Letter
Note: This list of documents is indicative, and you may be required to submit others during your application, if needed.
Home Loan in Kota: Eligibility Criteria
The eligibility criteria to get approved for our Home Loans for salaried and self-employed applicants are easy to meet:
| Eligibility Criteria | For Salaried | For Self-Employed |
|---|---|---|
| Nationality | Indians (including NRIs) | Indians (resident) |
| Age | Between 23 and 75 years** | Between 25 and 70 years** |
| Work Experience/Business Continuity | More than 3 years | More than 5 years |
| Income | Stable source of income | Showcase a stable revenue from profession or business |
** The maximum age 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 Kota: How to Apply
You can visit our nearest branch to apply for a Home Loan offline. To apply for Bajaj Housing Finance Home Loans online:
- Navigate to our online application form.
- Provide your personal and income details, as requested.
- Select the type of loan you wish to avail.
- If you have selected the property you wish to buy, enter the property details.
- Submit the application form.
Once you complete these steps, our representative will get in touch with you for further steps.
*Terms and conditions apply.
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