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Home Loan Starting 6.75%*

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Home Loan in Kolkata: Overview

Kolkata – The City of Joy is more than just the cultural capital of India. In recent years, IT companies and the luxury sector have bolstered the commercial and retail hub of the city. Accordingly, there has been a noticeable improvement in Kolkata’s economy and its major sectors.

The living standard of the city is improving at a rapid rate; in turn, increasing the demand for residential properties and home loan in Kolkata.

With the help of financial institutions like Bajaj Housing Finance Limited, more individuals can now afford to purchase their dream house.

Housing Loan: Features & Benefits

These are the top features and benefits of Bajaj Housing Finance Home Loan

  • Simple Documentation

    Bajaj Housing Finance follows a very simple documentation process that does not consume borrowers’ time. Accordingly, it speeds up the approval process and helps access required funds at the earliest.

  • Top-up loan

    Bajaj Housing Finance Limited provides top up loan above the existing home loan amount on refinancing. This helps to account for any personal or business financing requirements without going through the hassle of additional documentation. 

  • Loan Balance Transfer

    With these features, existing home loan borrowers in Kolkata can lower their interest rate burden in no time. The home loan balance transfer facility not only helps secure lower interest rate but also better terms of repayment.

  • Flexible Repayment Tenor

    Home loans in Kolkata offered by Bajaj Housing Finance Limited come with a flexible tenor of 360 months. Select an EMI and tenor combination that matches your repayment capability.

  • Foreclosure and Part Prepayment Facility

    This particular feature allows managing loan burden more efficiently. For example, the foreclosure facility allows paying off the loan before the scheduled tenor. On the other hand, part prepayment facility helps to lower EMI or overall interest outgo.

    Besides these, the home loan interest rate and additional charges levied by Bajaj Housing Finance Limited is quite nominal and transparent.

Documents Required for Home Loan in Kolkata

Submit a list of documents to meet the loan eligibility.

Both salaried and self-employed applicants need to submit these common documents to initiate the verification process

  • Proof of identity
  • Proof of address
  • Property documents
  • Passport size photograph

In addition to these, both types of applicants need to submit these set of documents -

Self-employed Applicants Salaried Applicants
Proof of Business

  • . PAN

  • . import export code

  • . Partnership deed

  • . partnership deed

  • . trade license

  • . SEBI registration certificate

  • . ROC registration certificate

  • . GST registration certificate

  • . Memorandum of association/Articles of Association
Income Proof

  • . Form 16

  • . Salary slips
Financial Statement

  • . Latest bank statement

  • . Balance sheet audited by a CA

  • . Profit and loss account statement audited by a CA
Latest bank account statements

Housing Loan Eligibility in Kolkata

To qualify for a housing loan, meet a few simple eligibility criteria. The common criteria for salaried and self-employed applicants are –

Salaried applicants

  • Applicants should be resident Indian.
  • They should be between the age of 23 years and 62 years.
  • Applicants must have work experience of a minimum of 3-years.

Self-employed applicants

  • Applicants have to be residing Indian.
  • They should belong to the age group of 25 years and 70 years.
  • They must have a business with a vintage of a minimum of 5-years.

Note that you may need to meet additional criteria to qualify for a housing loan in Kolkata.

How to Apply for a Housing Loan in Kolkata?

Online process

Apply for the best home loan in Kolkata online by following these steps –

Step 1 - Navigate to the ‘Home loan’ page.

Step 2 - Click on the ‘Apply Now’ button.

Step 3 - Provide essential personal and financial information to fill up the loan application form. 

Step 4 - Our representative will get back to you shortly and guide you through the next steps.

Also avail a home loan in Kolkata from Bajaj Housing Finance Limited via an SMS. Send ‘HLCI’ to 9773633633 to apply for the loan. A home loan agent in Kolkata will contact you in no time to discuss your pre-approved offer.