Home Loan in Lucknow: Overview
Lucknow, the capital of Uttar Pradesh, is a culturally and historically rich city, and one of the fastest growing ones in India. The city has established itself as an educational centre, with various institutions and research organisations.
To help prospective homeowners realise their housing dreams in Lucknow, we offer Home Loans at an interest rate starting at just 8.50%* p.a. for salaried applicants.
Home Loan in Lucknow: Features and Benefits
Simple Documentation and Fast Processing
You can get your Home Loan approved by providing a basic set of KYC and financial documents. Thanks to the online application and loan processing protocols, the entire applicant process is swift and hassle-free.
Balance Transfer Facility
You can transfer your existing Home Loan to Bajaj Housing Finance to enjoy competitive terms including an attractive Home Loan interest rate. You also have the option of taking a Top-up Loan when you avail the balance transfer facility.
Online Loan Account
Get 24/7 access to details such as repayment schedule and interest certificate and manage your Home Loan on the go.
Long Repayment Schedule
Basis eligibility, you can repay your Home Loan over a tenor of up to 40 years to keep your EMIs budget-friendly.
No Early Payment Penalties
Individual borrowers with loans taken for housing purposes on floating interest rates can foreclose or part-prepay the loan without worrying about incurring any charges.
Online Calculators
The eligibility calculator helps you to check your Home Loan eligibility and gauge the loan amount you may qualify for. You can use the Home Loan EMI Calculator to decide on a favourable tenor.
Basic Eligibility Criteria
Availing a Home Loan in easy due to lenient eligibility terms. A good financial background will boost your chances of securing sizeable funds without hassles.
Home Loan in Lucknow: Documents Required
Availing a Home Loan from Bajaj Housing Finance is a quick process, given that you only need to provide basic documentation*** such as:
- KYC documents, including PAN Card/Form 60 as mandatory documents, and other documents such as Aadhar Card, among others
- Income documents (last 3 months’ salary slips for salaried applicants, whereas P&L and business vintage proof statement for self-employed applicants)
- Passport-sized photograph
- 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 Lucknow: Eligibility Criteria
| Eligibility Criteria | For Salaried | For Self-Employed |
|---|---|---|
| Nationality | Indians (including NRIs) | Indians (residents) |
| Age | 23 to 75 years** | 25 to 70 years** |
| Work experience/business continuity | 3 years or more | 5 years or more |
| Income | Stable income source from a public, private, or a multinational organisation | Stable revenue stream from the existing business |
** The upper age limit is considered as 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 Lucknow: How to Apply
Before applying for a Home Loan, you can check your Home Loan eligibility with our Home Loan Eligibility Calculator. You can apply for a Home Loan online by following simple steps:
- Navigate to our online application form.
- Next, choose your loan and employment type.
- Depending on your employment type, fill in the specific details such as your salary amount or annual turnover and business vintage.
- Enter the property details at the last stage of the form.
Once you submit the form, our representative will contact you shortly to explain further steps, which include document submission, verification, and disbursal.
*Terms and conditions apply.
