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Home Loan Starting 6.70%*

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35 Lakh Home Loan: Features and Benefits

Using a 35 lakh home loan is a reasonable approach to meeting needs out of your average income range. You can consider taking a 35 lakh home loan if you desire a hassle-free home loan procedure.

  • It Requires Minimum Documentation: For a 35 lakh home loan, the information you are required to provide includes your identity, proof of address, income and property documents, and other primary data.
  • The Account is Easily Managed Online: When you take anytype of home loan , whether a 35 lakh home loan or a 45 lakh home loan or other types of home loan, you get to use an online platform that helps to monitor and manage your loan details effectively.
  • Flexible Repayment Tenor: Flexibility may not be a forte for some loan types, but it’s a feature that stands out for a 35 lakh home loan. Salaried individuals can pick a befitting tenor– between 2 to 20 years– for a repayment plan, and self-employed individuals get a maximum of 18 years to repay their loan.

35 Lakh Home Loan Eligibility Criteria

You become eligible for a 35 lakh home loan when you meet home loan eligibility criteria that differ based on your income.

For a Salaried Individual

  • Be between the age of 23 to 62 years before you are eligible.
  • Have work experience of at least three years 

For Self Employed Individuals

  • Be between the age of 25 to 70 years
  • Have a business that has been running steadily for a minimum of 5 years 

Generally, other vital things that make you eligible for a 35 lakh home loan in New Delhi include:

  • Nationality: You must be an Indian citizen
  • Must have a minimum CIBIL Score of 750 

What is the EMI for a 35 Lakh Home Loan?

A loan EMI (equated monthly instalment) refers to a certain amount of money that you pay every month throughout your loan tenor. EMI varies from one home loan to another.

Loan Details Tenor/period Amount
35 lakh home loan 20 years Rs.33,776
35 lakh home loan 15 years Rs.37,611

How to Apply for a 35 Lakh Home Loan

You can apply for a 35 lakh home loan either online or offline. Although you can get a 35 lakh home loan by walking in any Bajaj Housing Finance office, we recommend that you utilize the fastest method, which is by registering online.

If you’re applying offline, all you have to do is go to any Bajaj Housing Finance office with the required documents, get a home loan application form, then fill the form. If you apply online, you will fill the home loan application form online.

Whether offline or online, a Bajaj Housing Finance home loan application is easy and swift. Once you get your loan approved, you get your money in no time!