Details of a Home Loan in Bhubaneswar
Bhubaneswar is the state capital and the largest city in Odisha. The numerous temples that surround the city gives it the name of Temple City as well. Bhubaneswar is one of India's first planned cities and a centre of religious and economic importance.
If you are planning to avail of a Home Loan in Bhubaneshwar, we can assist you in obtaining a housing loan with a low interest rate, long-term tenure, and sizeable loan sanction amount.
Features and Benefits of a Housing Loan in Bhubaneswar
Competitive Interest Rates
We offer Home Loans to salaried, self-employed, and professional borrowers at competitive interest rates. For salaried applicants, the interest rates start as low as 7.99%* p.a. and can benefit from EMIs as low as Rs.722/Lakh* on your Home Loan.
Sizeable Sanction
You don't have to be concerned about the loan sanction amount because you can get a substantial Home Loan of Rs.5 Crore* or higher depending on your eligibility.
Repayment Tenure
You can choose a repayment term of up to 32 years, which can help reduce your EMIs significantly and help you repay your loan comfortably.
Quick Disbursal
Once your Home Loan application has been approved and the documents have been submitted you can expect a quick disbursal within 48 Hours*.
Housing Loan Documents Required in Bhubaneswar
You will need these documents to apply for a Bajaj Housing Finance Home Loan:
- KYC documents (address and identity proofs)
- Mandatory documents (PAN Card/Form 60)
- Photographs
- Form 16 or latest salary slips (for salaried individuals)/ITR Document and P&L Statement for the last 2 years (for self-employed individuals)
- Bank account statements for the last 6 months
- ● Document for proof of business, with a minimum of 3 years’ vintage (for businessmen/self-employed individuals only)
Please note that the list of documents mentioned is indicative. During loan processing, additional documents may be needed. These requirements will be communicated to you accordingly.
Eligibility Criteria for a Home Loan in Bhubaneswar
For Salaried Individuals
- You should be an Indian citizen (including NRIs).
- You should be between 23 and 67 years** of age.
- You should be a salaried individual with a work experience of at least 3 years.
For Self-Employed Individuals
- You should be an Indian (resident only).
- You should be between 23 and 70 years** of age.
- You should be able to showcase steady income from a business with a vintage of at least 3 years.
Please note that the eligibility criteria mentioned are indicative.
**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.
Steps to Apply for a Home Loan Online in Bhubaneswar
The application process for a Home Loan in Bhubaneswar is simple and straightforward. Here's how to do it step by step:
- Visit the Bajaj Housing Finance website and navigate to the Home Loan application form.
- Fill in your basic personal and financial details, and state whether you want a fresh Home Loan or a Home Loan Balance Transfer.
- Generate OTP and enter when requested.
- Fill in the requested information in the application form.
- Submit the form.
Following the submission of your application form, a customer representative from Bajaj Housing Finance will contact you within the next 24 hours* to walk you through the next steps.
*Terms and conditions apply.
With Bajaj Housing Finance, you can avail of a Home Loan in Bhubaneswar with a flexible tenure extending up to 32 years and quick disbursal within 48 Hours* post document verification.
The documents required to apply for a Home Loan in Bhubaneswar are:
- KYC Documents: Address and identity proof
- Mandatory Documents: PAN Card or Form 60
- Photographs: Recent passport-sized photographs
- Income Proof:
- For salaried individuals: Form 16 or the latest salary slips
- For self-employed individuals: Income Tax Returns (ITR) and Profit & Loss Statement for the last 2 years
- Bank Statements: Statements from the last 6 months
- Business Proof (for businessmen or self-employed individuals): Evidence of business with at least 3 years of establishment
It should be noted that this list of documents is indicative Our representatives may ask for additional documents.
With Bajaj Housing Finance, you can secure a Home Loan in Bhubaneswar of Rs.5 Crore* or more, basis eligibility.
Here is the age limit to avail of a Home Loan in Bhubaneswar:
- Salaried Applicants:Age between 23 and 67 years**
- Self-Employed Applicants: Age between 23 and 70 years**
**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.
To know the loan amount you can qualify for with a salary of Rs.50,000, you can use our Home Loan Eligibility Calculator.
With Bajaj Housing Finance Home Loan, you can benefit from a flexible repayment tenure extending up to 32 years.
