Home Loan in Baroda: Overview
Baroda, also known as Vadodara, is one of the top cities of Gujarat. Baroda has several academic institutions that draw young students to the city. Aside from its popularity with the younger generation, the city’s robust infrastructural network also contributes to the ease of living.
Property prices in Baroda are touted to be budget-friendly and is becoming a popular destination for first-time home buyers. If you plan on buying a residential property in the city, consider funding your venture with a Bajaj Housing Finance Home Loan.
Home Loan in Baroda: Features & Benefits
Easy Balance Transfer Facility
Borrowers with an existing Home Loan can make the most of our features and benefits by transferring the balance amount to us. Interest rates start as low as 8.60%* p.a.
Top-up Loan
When you transfer your loan balance to Bajaj Housing Finance, you not only stand to benefit from a lower interest rate and reduced EMIs, but you also get the option to avail of a Top-up Loan – be it for debt consolidation or home renovation.
Flexible Tenor
Choose to pay off your loan over a period extending up to 30 years to keep your monthly EMIs as affordable as possible.
Minimal Documentation
Our eligibility and document requirements for a Home Loan in Baroda are straightforward to meet, which ensures quick and easy approval.
Online Home Loan Calculators
Use our online home loan EMI calculator to plan your loan journey with us, budget your monthly expenses and ensure you are never behind on your EMI payments.
Home Loan in Baroda: Eligibility Criteria
| Home Loan Eligibility Criteria | For Self-Employed Applicants | For Salaried Applicants |
|---|---|---|
| Age** | 25–70 years | 23–62 years |
| Residential status | Indian | Indian |
| Employment status | A business vintage of at least 5 years in the current enterprise | Work experience of at least 3 years at a public/private sector company, or an MNC |
**Maximum age counted at the time of loan maturity.
Home Loan in Baroda: Documents Required
| Salaried Applicants | Self-Employed Professionals | Self-Employed Applicants |
|---|---|---|
| Aadhaar, PAN/Driving License, etc. | Aadhaar, PAN/Driving License, etc. | Aadhaar, PAN/Driving License, etc. |
| Salary slips (3 months), Form 16, Employee ID, etc. | P&L statement | P&L statement |
| Bank account statements (6 months) | Bank account statements (6 months) | Bank account statements (6 months) |
| Title Deed, Property Tax Receipts, Allocation Letter, etc. | Title Deed, Property Tax Receipts, Allocation Letter, etc. | Title Deed, Property Tax Receipts, Allocation Letter, etc. |
*Terms and conditions apply.
