Home Loan in Lucknow: Overview
Lucknow, the capital of Uttar Pradesh, is a culturally and historically rich city, and one of the fastest growing ones in India. The city has established itself as an educational centre, with various institutions and research organisations.
Lucknow is ranked among the ‘happiest cities’ in India, and to help prospective homeowners realise their housing dreams here, Bajaj Housing Finance offers Home Loans in Lucknow at an interest rate starting at just 8.50%* for salaried and professional applicants.
Home Loan in Lucknow: Features and Benefits
Simple Documentation and Fast Processing
You can get your Home Loan approved by providing a basic set of KYC and financial documents. Thanks to the online application and loan processing protocols, the entire applicant process is swift and hassle-free.
Refinance Affordably
You can transfer your existing Home Loan to Bajaj Housing Finance to enjoy competitive terms including an attractive Home Loan interest rate. You also have the option of taking a Top-up Loan when you avail the balance transfer facility.
Online Loan Account
Get 24/7 access to details such as repayment schedule and interest certificate and manage your Home Loan on the go.
Long Repayment Schedule
Basis eligibility, you can repay your Home Loan over a tenor of up to 40 years to keep your EMIs budget friendly.
No Early Payment Penalties
Borrowers with loans taken for housing purposes on floating interest rates can foreclose or part-prepay the sum without worrying about incurring any charges.
Online Calculators
The eligibility calculator helps you to check your Home Loan eligibility and gauge the loan amount you may qualify for. You can use The Home Loan EMI Calculator to decide on a favourable tenor.
Basic Eligibility Criteria
Availing a Home Loan in easy due to lenient eligibility terms. A good financial background will boost your chances of securing sizeable funds without hassles.
Home Loan in Lucknow: Documents Required
Availing a Home Loan from Bajaj Housing Finance is a quick process, given that you only need to provide basic documentation** such as:
- KYC documents, including PAN Card and other documents such as Aadhar Card, among others
- Income documents (last 3 months’ salary slips for salaried applicants, whereas P&L and business vintage proof statement for self-employed applicants)
- Passport-sized photograph
- Property-related documents
**This list of documents is indicative, and you may be required to submit others during your application, if needed.
Home Loan in Lucknow: Eligibility Criteria
| Eligibility Criteria | For Salaried | For Self-Employed |
|---|---|---|
| Nationality | Indians (including NRIs) | Indians (residents) |
| Age*** | 23 to 75 years | 25 to 70 years |
| Work experience/business continuity | 3 years or more | 5 years or more |
| Income | Stable income source from a public, private, or a multinational organisation | Stable revenue stream from the existing business |
*** The upper age limit is considered as age at the time of loan maturity. Additionally, the upper age limit for salaried applicants is subject to change, depending on the property profile.
Home Loan in Lucknow: How to Apply
You can apply for a Home Loan online by following these simple steps.
- Firstly, check your eligibility using the Home Loan Eligibility Calculator. Further, use the EMI calculator to gauge your EMI, loan amount, and tenor.
- Fill in the online application form with details concerning your finances, employment or business, and personal profile. Also, choose the type of loan required.
Once this is done, an executive will get in touch with you and guide you with the next steps.
*Terms and conditions apply
