Home Loan in Nellore of up to Rs.15 Crore* @7.25%* p.a.

Home Loan in Nellore – Overview

In recent years, Nellore has emerged as a promising residential destination, backed by expanding infrastructure, improving civic facilities, and ongoing commercial development. These factors have made the city increasingly appealing to individuals planning long-term homeownership. For those seeking a Home Loan in Nellore, Bajaj Housing Finance offers attractive interest rates and convenient repayment options.

Features and Benefits of a Home Loan in Nellore

Attractive Home Loan Interest Rates

Benefit from competitive Home Loan rates in Nellore starting at 7.25%* p.a., for salaried applicants.

High Loan Sanction

Depending on your eligibility, you can avail of up to Rs.15 Crore*, offering the flexibility to select a home that aligns with your long-term goals.

Long Repayment Tenure

We offer a tenure extending up to 32 years so that you can repay your loan comfortably through manageable EMIs.

Quick Disbursal

After successful document verification, you can expect the loan to be disbursal in just 48 Hours*.

Home Loan Interest Rates and Fees in Nellore

Avail of a Home Loan in Nellore from Bajaj Housing Finance and secure a competitive interest rate starting at 7.25%* p.a. for salaried borrowers. To view the complete list of interest rates, click here. To understand applicable fees and charges, click here.

Eligibility Criteria for a Home Loan in Nellore

Before applying for a Home Loan in Nellore, ensure that you meet the following criteria:

Salaried Individuals

Must be an Indian citizen (including NRIs)
Should fall within 23 to 67 years** of age
Must have a minimum work experience of 3 years
Should ideally have a credit score of 750

Self-Employed Individuals

Must be an Indian resident
Should be within 25 to 70 years** of age
Must have a business vintage of 3 years
Should have a CIBIL score of 750

**The upper age limit is considered as age at the time of loan maturity. Additionally, the upper age limit for applicants is subject to change, depending on the property profile.

Documents Required for a Home Loan in Nellore

To ensure faster verification, keep the following documents*** ready:

Mandatory Documents: PAN Card or Form 60
KYC Documents: Aadhaar Card, Passport, Voter ID, Driving Licence, recent utility bills
Photographs: Passport-size photographs
Income Proof (Salaried): Latest salary slips, Form 16, and bank statements for salaried applicants and ITRs, profit & loss statements, and audited financials for self-employed applicants
Bank Statements: Last six months
Property Documents: Title deeds and approved building plans

***This list is indicative; additional documents may be requested during verification.

How to Apply for a Home Loan in Nellore?

You can apply online for a Home Loan in Nellore by following these steps:

Visit the Home Loan application form.
Enter your name, mobile number, and employment type.
Select your preferred Home Loan category.
Provide your monthly income.
Enter your PIN code and the required loan amount.
Generate and verify the OTP.
Enter the required financial details.
Click on ‘Submit’ to submit the application.

Once you submit the application, our representative will contact you within 24 hours* to guide you further.

*Terms and conditions apply.

FAQs: Home Loan in Nellore

You can choose a repayment tenure of up to 32 years, allowing you to structure EMIs comfortably.

Salaried individuals must be resident Indians (including NRIs), fall within the age range of 23 to 67 years**, have at least 3 years of work experience, and ideally hold a credit score of 750.

**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.