Home Loan in Mumbai: Overview
Mumbai is one of the few cities where property prices and property sales registered growth even when the real estate sector in other cities was under severe stress. Currently, Mumbai has over 10,000+ new projects coming up.
If you are planning to buy a home in Mumbai, whether to live or simply from an investment perspective, make the best of the current Home Loan interest rates. Here's why you must choose a Bajaj Housing Finance Home Loan in Mumbai to buy your home.
Home Loan in Mumbai: Features and Benefits

Easy Balance Transfer Facility
Many lenders give out credit at extremely high-interest rates but refuse to pass on the benefit of RBI-induced rate cuts to borrowers. Transfer your Home Loan to us and enjoy competitive interest rates.

Substantial Top-Up Loan
When you opt for a Home Loan Balance Transfer with Bajaj Housing Finance, you get the option of availing of a top-up on highly competitive interest rates. You can avail of funds up to Rs.1 Crore*, basis eligibility. These funds come with zero end-use restrictions; you can use the money for any purpose.

Flexible Tenor
Bajaj Housing Finance gives borrowers the option to pay off their loan over a period extending up to 30 years. This allows borrowers to repay the loan without feeling the stress of the EMIs.

Part-prepayment and Foreclosure Facility
Avail of a Home Loan on floating interest rates and we will not charge any part-prepayment and foreclosure charges in case you decide to part-pay or close your loan early.

Online Home Loan Calculators
A Home Loan is a long-term financial commitment. If you want your Home Loan repaying experience to be stress-free, you must plan your loan journey. Use our online calculators to figure out the right loan amount for you, understand your EMI obligation and plan repayments in advance.

Minimal Documentation
Our document requirements are minimal and straightforward, which makes way for an easy application procedure as well as easy approval.

Online Account Management
Now access your loan account details, make payments, and do so much more at any time and from anywhere through our customer portal.

Quick Processing
Expect to hear about the status of your loan application within 24 hours* of application submission and expect to have your loan disbursed into your account within 48 Hours* of document submission and approval.

Integrated Branch Network
Do not want to make an application online? Have any queries? Now walk into one of our branches near your home and talk to one of our representatives, they will try to help you to the best of their ability.
Home Loan in Mumbai: Eligibility Criteria
For Salaried Individuals
Bajaj Housing Finance Home Loan eligibility criteria are easy to meet. Here are our eligibility criteria for a Home Loan in Mumbai:
- You must be a residing citizen of India
- You must be between 23 and 62** years of age
- You must be able to show at least 3 years of work experience
For Self-Employed Individuals
Here are our eligibility criteria for a Home Loan in Mumbai for self-employed individuals:
- You must be a residing citizen of India between the age of 25 and 70**
- You must be able to showcase steady income from a business with a vintage of at least 5 years
**Please note that the eligibility criteria mentioned are indicative. Also, the upper age limits of 62 and 70 years are considered as the applicant’s age at the time of loan maturity.
Home Loan in Mumbai: Documents Required
These are the documents you must keep handy if you are planning to apply for a Home Loan in Mumbai.
- KYC documents, such as Aadhar, PAN, Passport, ration card, utility bills, etc.
- Passport-size photographs
- Form 16/latest salary slips in the case of salaried individuals
- TR Document/P&L statement in the case of self-employed individuals
- Document for proof of business, with minimum 5 years’ vintage (for businessmen/self-employed individuals only)
Please note that this is only an indicative list. During the time of loan processing, additional documents may be required. These requirements will be communicated to you.
Home Loan in Mumbai: How to Apply
Applying for a Home Loan in Mumbai is simple and straightforward. Follow these steps to make a housing loan application with Bajaj Housing Finance.
- Visit our website and open our online home loan application form
- Select the type of loan you want and your employment type
- Enter your personal and income details
- Generate OTP
- Apply
Once you have applied, someone from our team will get in touch with you and explain the steps ahead. Alternatively, you can also walk into one of our branches near your home and make an application in person.
*Terms and conditions apply.