Details of a Housing Loan in Guntur
Guntur is a city in central Andhra Pradesh, and it is the state's second-largest city, with a growing population. Guntur is well-known for its tourist attractions, e-commerce industry, agriculture, and education sector. Due to the growing demand for real estate in Guntur, there are multiple housing options available.
Apply for a housing loan in Guntur with Bajaj Housing Finance to avail of competitive interest rates, long-term tenures, and feasible monthly instalments.
Features and Benefits of a Home Loan in Guntur
Attractive Interest Rates
Take advantage of our low Housing Loan interest rate today. Salaried applicants can benefit from Home Loan EMIs as low as Rs.741/Lakh* at 8.25%* p.a.
Home Loan Balance Transfer
Borrowers with existing Home Loans can take advantage of our features and benefits by transferring the loan balance to us. Interest rates begin as low as 8.30%* p.a for eligible salaried applicants.
Top-up Loan
When you transfer your loan balance to Bajaj Housing Finance, you not only stand a chance to get a lower interest rate, but you also get the option to apply for a Top-up Loan, which can be used to fund housing-related needs.
Long Term Tenure
Choose a longer term to keep your Home Loan EMIs manageable. Select a term of up to 32 years to repay comfortably, without compromising on other financial goals.
External Benchmarks
You can also link your Home Loan interest rate to an external benchmark, such as the RBI Repo Rate, and benefit from lower pay-outs during favourable market conditions.
Home Loan Interest Rate in Guntur
Bajaj Housing Finance provides attractive Home Loan interest rates starting at 8.25%* p.a. for salaried individuals. Borrowers have the chance to obtain a substantial loan amount with minimal paperwork and quick processing and approval. Not only are the interest rates reasonable, other additional fees and charges are kept nominal and transparent, to optimise your borrowing experience.
Documents Required for a Home Loan in Guntur
To avail of a Home Loan in Guntur, you will need to submit supporting documents that establish your personal, employment, income, and financial details.
- Mandatory documents such as PAN Card or Form 60
- KYC documents such as the Aadhaar Card, PAN Card, Passport, Voter ID, and Driving License
- Income details such as salary slips for the past 3 months (for salaried and salaried professional applicants) and proof of business (for self-employed applicants)
- Financial details such as banking statements for the past 6 months, Income Tax Returns, Profit and Loss Statements (self-employed applicants)
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 Guntur
Before you apply for a Home Loan in Guntur with Bajaj Housing Finance, it is important to check your Home Loan eligibility criteria to maximise your chances of getting approved with favourable terms.
Eligibility Criteria for Salaried Applicants
- Applicant should be a residing citizen of India or an NRI.
- Applicant should be employed at a private or public company, or an MNC with a work experience of at least 3 years.
- Applicants should be between 23 and 67 years** of age.
Eligibility Criteria for Self-Employed Applicants
- Applicant should be an Indian (resident only).
- Applicant should have a steady source of income from an enterprise with a minimum of 3 years of business vintage.
- Applicants should be between 23 to 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.
*Terms and conditions apply.
Steps to Apply for a Home Loan in Guntur Online
Applying for a Home Loan in Guntur with Bajaj Housing Finance is simple. All you need to do is follow the steps given below to apply:
- Go to our Home Loan application form.
- Fill in your personal information, including name, phone number, and employment type.
- Choose the type of loan you want.
- Enter your financial details.
- Enter your PIN code and desired loan amount.
- Click ‘Generate OTP’ and enter the it.
- Provide all requested financial details. Note that the requirements may vary based on employment.
- Submit the completed form.
After submitting the form, our representative will reach out to you within 24 hours* to guide you through the next steps.
You can secure a Home Loan in Guntur with Bajaj Housing Finance and enjoy a flexible repayment tenure and quick disbursal within 48 Hours* post document verification.
You need to submit minimal documentation to apply for a loan with us. Here is an indicative list of documents required to apply for a Home Loan in Bhopal:
- Aadhaar Card, Driving License, Passport, Utility Bills, or Ration Card
- Mandatory documents such as PAN Card or Form 60
- Passport-size recent photographs
- Form 16 and/or latest salary slips (or salaried individuals/ITR document and P&L statements for self-employed individuals
- Bank account statements for the previous 6 months
- Document for proof of business, with a minimum of 3 years of vintage or businessmen/self-employed individuals
Bajaj Housing Finance offers Home Loans in Guntur of Rs.5 Crore* or more, based on the eligibility of the applicants.
Salaried applicants aged between 23 and 67 years** and self-employed applicants within the age range of 23 to 70 years** of age can apply for a Home Loan in Guntur.
**The upper age limit is considered as age at the time of loan maturity. Additionally, the upper age limit is subject to change, depending on the property profile.
To know the loan amount you can qualify for with a salary of Rs.40,000, you can use our housing loan eligibility calculator.
Apply for a Home Loan in Guntur with Bajaj Housing Finance and enjoy a long repayment tenure of up to 32 years and convenient EMIs.
