Details of a Housing Loan in Kolkata
Kolkata, a key cultural and commercial centre, offers plenty of job opportunities. The real estate market in the city is flourishing, making it an ideal location for property investment.
If you are planning to buy a property in Kolkata, seeking a Home Loan can be an easy financing solution. You can have access to the necessary funds, and also enjoy Home Loan tax benefits under the old tax regime. With Bajaj Housing Finance, you can avail of a sizeable loan amount at a competitive rate of interest along with a range of other features.
Features and Benefits of a Home Loan in Kolkata
Simple Eligibility and Documentation
Bajaj Housing Finance has simple eligibility criteria to ensure easy accessibility. Moreover, we request minimal documentation to make the process quick and hassle-free.
Home Loan Balance Transfer
Those with an existing Home Loan can enjoy our features and benefits by transferring their Home Loan balance to us. Through Home Loan Balance Transfer, you can not only benefit from a competitive interest rate, but you can also avail of a Top-up Loan of Rs.1 Crore* or more, basis eligibility.
Top-Up Loan
Bajaj Housing Finance provides Top-up Loan above the existing Home Loan amount as an attractive refinancing option. This can help account for any housing requirements without going through a fresh loan application.
Flexible Repayment Tenure
Bajaj Housing Finance Home Loans come with a flexible Tenure of up to 32 years, giving you the option to repay your loan comfortably.
Foreclosure and Part-Prepayment Facility
As an individual borrower, if you avail of a floating Home Loan interest rate, you will not have to pay any additional charges if you choose to repay the entire or a part of your Home Loan amount before the agreed tenure.
Documents Required for a Home Loan in Kolkata
Both salaried and self-employed applicants need to submit the below documents to initiate the verification process:
- Mandatory documents such as PAN card or Form 60
- Proof of identity
- Proof of address
- Proof of income
- Property documents
- Recent passport size photograph
Note: Additional documents may be required at the time of loan processing.
Eligibility Criteria for a Home Loan in Kolkata
To qualify for a Home Loan, meet a few simple eligibility criteria. The common criteria for salaried and self-employed applicants are as follows:
Salaried Applicants
- Applicants should be Indian citizens (including NRIs)
- Applicants should be between 23 and 67 years** of age
- Applicants should have a work experience of at least 3 years
Self-Employed Applicants
- Applicants should be Indian (residents)
- Applicants should be between 25 and 70 years** of age
- They must have a business with a vintage of a minimum of 3 years
**The upper age limit is considered as the 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 in Kolkata Online
To apply for a Home Loan with Bajaj Housing Finance, you can either visit any of our branches or apply through our website. To apply online, follow the prescribed steps:
- Visit our application form
- Enter your name and mobile number
- Select your employment and loan type, followed by income, PIN code and required loan amount
- Add your financial details after entering the OTP
- Click on Submit
After you finish filling out the form, you can expect a call from us to guide you through the next steps.
*Terms and conditions apply.
You can secure a Home Loan in Kolkata with Bajaj Housing Finance and experience speedy disbursal within 48 Hours* post document verification.
The documents*** required to apply for a Home Loan in Kolkata are:
- Proof of identity and address
- Recent passport-sized photos
- PAN Card or Form 60 (mandatory)
- Form 16 and/or recent salary slips (for salaried applicants)
- ITR documents and Profit & Loss statements (for self-employed applicants)
- Last 6 months' bank statements
- Business vintage if at least 3 years (for businessmen/self-employed individuals only)
***This is an indicative list of documents. Our representatives will contact you in case additional documents are required.
With a Bajaj Housing Finance Home Loan, you can avail of Rs.5 Crore* or more, based on your eligibility.
Salaried and self-employed applicants need to meet the following criteria to apply for a Home Loan in Kolkata:
- Salaried Applicants: Age should be between 23 and 67 years**
- Self-Employed Applicants: Age should be between 23 and 70 years**
**The upper age limit is considered as the 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 avail of based on a monthly income of Rs.30,000, you can use our housing loan eligibility calculator.
Our long repayment tenure of up to 32 years ensures easy and manageable loan repayment.
