Home Loan Overview
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 center of religious and economic importance.
Bajaj Housing Finance enjoys a strong presence in Bhubaneswar and can assist you in obtaining a House Loan with low interest rates, long term tenors, and a sizable loan sanction amount.
Home Loan Features
Competitive Interest Rates
We offer qualified salaried applicants Home Loans at competitive interest rates starting as low as 8.45%* p.a. You can benefit from EMIs as low as Rs.729/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 Crores* or higher depending on your eligibility.
Repayment Tenor
You can choose a repayment term of up to 30 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)
- Photographs
- Form 16 or latest salary slips (for salaried individuals)/ TR 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 minimum 5 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
For Salaried Individuals
- You should be an Indian citizen (including NRIs)
- You should be between 23 and 62 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 25 and 70 years of age
- You should be able to showcase steady income from a business with a vintage of at least 5 years
**Please note that the eligibility criteria mentioned are indicative. Also, the upper age limits of 62 and 70 years are considered as the applicant’s age at the time of loan maturity.
Process to Apply for Home Loan 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 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
- Submit the application 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.
