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Home Loan Starting 6.70%*

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Home Loan in Mysore: Overview

Mysore has always been a tourist attraction with its palatial grandeur and gardens. It has also seen a rise in the influx of working professionals due to its booming IT industry. With high-quality public amenities, a highly evolved waste management system and a developed network of transport, Mysore has become a desirable option for housing.

  • Basic documentation

    Applying for a home loan in Mysore is easy with Bajaj Housing Finance’s simple documentation requirements

  • Hassle free part-prepayment and foreclosure

    You can choose to foreclose your loan or go for part-prepayment without any extra charges, which helps you reduce the home loan interest on your loan and save more

  • Informative guide:

    When you apply for a home loan in Mysore at Bajaj Housing Finance, you get access to in-person property assistance as well as a detailed guide on the legalities associated with becoming a homeowner

  • Digital user account

    A 24x7 online service makes checking loan-related details, such as your repayment schedule and interest rate, quick and easy

  • Undemanding eligibility terms

    Qualifying for a home loan is Mysore is convenient with simple eligibility factors related to your age, income, and work experience

  • Balance transfer options

    If you wish to lower the interest rate on your existing loan, Bajaj Housing Finance lets you transfer your outstanding loan from another institution and avail the option of applying for a top-up loan

  • Convenient calculators for better planning

    You can check if you fulfil the criteria for a home loan in Mysore by accessing the Home Loan Eligibility Calculator Use the EMI Calculator to plan your EMIs and fix a comfortable repayment tenor The balance transfer and part-prepayment related calculations can also be carried out using the available tools

  • Affordable monthly instalments:

    Bajaj Housing Finance provides long-term repayment of loan with tenors extending up to 30 years This helps you to pay off your home loan as per your financial capacity

  • Interest subsidy for first-time buyers

    The Pradhan Mantri Awas Yojana provides eligible first-time home buyers an interest subsidy of up to Rs 2.67 lakh on their home loan in Mysore, which can be a major financial help.

  • Online loan calculators

    Your additional major expenses can be covered with a high-value top-up at an affordable interest rate and without the need to submit additional documents

Home Loan in Mysore: Interest Rate, Fees and Charges

Bajaj Housing Finance levies competitive interest rates and other charges on the home loan in Mysore. For a complete list of our interest rates and other fees and charges, click here.

Documents Required for Home Loan in Mysore

Availing a home loan in Mysore from Bajaj Housing Finance is easy and requires you to submit only a few basic documents. They are*:

  • KYC documents (including ID and address proof)
  • Income documents (based on your borrower profile such as salary slips, Form 16, P/L statement, etc.).
  • Bank account statements of the last 6 months
  • Proof of business
  • Passport-sized photograph
  • Property papers such as sale agreement, allotment letter, receipt of payments made to the agent or developer, etc.

*This list of documents is indicative and you may be required to submit others during your application, if needed.

Eligibility Criteria for Home Loan in Mysore

Bajaj Housing Finance has simple eligibility terms that make it easy to qualify for a home loan in Mysore. Read on to know more:

Eligibility Criteria For Salaried For Self-employed
Nationality Resident Indian Nationality Resident Indian Resident Indian
Age 23 to 62 years 25 to 70 years
Work experience/business continuity 3 years or more 5 years or more
Income Employed with a stable source of income Showcase stable revenue from profession or business

How to Apply for the Bajaj Housing Finance Home Loan in Mysore

Here is how you can apply online for a home loan in Mysore:

Step 1: Start by checking your eligibility with the eligibility calculator. Next, use the EMI calculator to determine your tenor and monthly instalments.

Step 2: Go to the online application form and submit the required details.

Step 3: Upload the documents required and make the online payment.

Once this is done, an executive will get back to you to with the next steps.