Home Loan in Nagpur: Overview
Nagpur is the third largest city in Maharashtra and a home to manufacturing industries, power stations, and the renowned project, MIHAN. The city also prides itself in being among the cleanest and greenest cities in India. With top educational institutes, plentiful of job opportunities, and amenities that support a modern lifestyle, Nagpur is set to experience an increasing demand from homebuyers. To assist prospective homebuyers, Bajaj Housing Finance offers sizeable Home Loans in Nagpur starting at an interest rate of 8.60%* for salaried and professional applicants.
Home Loan in Nagpur: Features and Benefits
Minimal Documentation
To apply for a Home Loan with Bajaj Housing Finance, you only need to meet a few eligibility terms and provide basic financial and KYC documents.
Flexible Repayment
Basis eligibility, you can repay your Home Loan over a tenor of up to 30 years, thus making the loan repayment affordable and easy as per your current income.
Affordable Prepayment
The absence of extra charges on full or partial prepayment of Home Loans taken by individual borrowers with floating interest rate loans makes for ample savings through the tenor.
Easy Loan Balance Transfer
Transfer your Home Loan and bring down your EMIs by switching to Bajaj Housing Finance and refinancing your existing Home Loan. Apart from a competitive interest rate, get a sizeable Top-up Loan for your additional expenses.
Swift Loan Processing
You can apply online and submit the requested details. With an online application form you can have your Home Loan approved speedily.
Digital Home Loan Account
Be in total control of your Home Loan with the online customer portal. Access it anytime, anywhere and view your repayment schedule, check your interest certificate, and more.
Online Loan Calculators
With our suite of user-friendly calculators, you can better manage your Home Loan. While the EMI calculator helps you pick a loan amount and tenor, the Home Loan Eligibility Calculator tells you how much financing you can qualify for. Use the balance transfer calculator and the Home Loan Prepayment Calculator for additional insights.
Home Loan in Nagpur: Documents Required
To avail of the Bajaj Housing Finance Home Loan, you need to submit the following set of documents:
- Aadhar Card and PAN Card for identity verification
- Salaried applicants need to submit their last 3 months’ salary slips to prove eligibility
- Self-employed applicants need to submit the proof of their business vintage to prove their eligibility
- 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 Nagpur: Eligibility Criteria
Qualifying for a Home Loan is easy as Bajaj Housing Finance lists simple eligibility terms.
| Eligibility Criteria | For Salaried | For Self-employed |
|---|---|---|
| Nationality | Residing citizen of India | Residing citizen of India |
| Age** | 23 to 62 years | 25 to 70 years |
| Experience | 3 years and above | 5 years and above |
| Income | Employed with a stable source of income from a public, private or a multinational organisation | Showcase stable revenue stream from the existing business |
** The maximum age is considered as age at the time of loan maturity.
Home Loan in Nagpur: How to Apply
With a straightforward online application form, you can conveniently apply for a Home Loan with Bajaj Housing Finance.
- Know about your eligible loan amount by using the eligibility calculator. To select the best tenor, use Home Loan EMI Calculator.
- Fill out the online application form by selecting the type of loan you need and entering important details pertaining to your personal information, finances, and employment or business data.
After completing these quick steps, our representative will take you through the future steps needed to initiate disbursal.
*Terms and conditions apply
