Home Loan in Bhubaneshwar: Details
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 low interest rates, long-term tenors, and a sizeable loan sanction amount.
Home Loan Features
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 8.50%* p.a. and can benefit from EMIs as low as Rs.759/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 Tenor
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 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 21 and 75 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.
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.
- 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.
