Home Loan in Noida: Overview
Over the years, Noida is an integral part of the National Capital Region (NCR). Not only is it a hub for entertainment and media houses, but it is also home to a booming IT sector. Furthermore, it is now emerging as a hotspot for call centres, banking, and insurance companies as well as for manufacturing, FMCG, and automobile industries.
To keep up with the rising demand for new real estate that accompanies the economic and industrial boom, the Noida Real Estate Regulatory Authority has simplified the registration process, making it an opportune time to invest in Noida’s residential property market. Owning a property here has gotten easier with a Home Loan from Bajaj Housing Finance. Apply today, to benefit from our extensive features and benefits.
Home Loan in Noida: Features and Benefits
Easy Home Loan Balance Transfer
Bajaj Housing Finance facilitates an easy balance transfer of your current Home Loan, helping you avail of lower interest rates.
Top-up Loan Options
When you choose to transfer your Home Loan balance to us, you can even avail of a top-up loan worth Rs.1 Crore* or higher, above your Home Loan amount.
No Part-Prepayment Charges
If you are an individual with a floating interest rate Home Loan, you enjoy the freedom to make several part-prepayments, or even foreclose your loan at zero additional costs.
Flexible Repayment Tenor
Let Home Loan repayment become the least of your worries, as we offer a repayment tenor of up to 40 years, which lets you repay the loan amount at your pace.
Access to Online Tools
Minimise your chances of Home Loan rejection by preparing your application with the help of our many online calculators and tools. These let you calculate the right loan amount suited to your repayment capacity, so you can make the appropriate Home Loan application.
Easy Eligibility and Documentation Requirements
To get the Home Loan you desire, all you need to do is meet some easy Home Loan eligibility terms and submit a basic documentation dossier, which includes KYC documents, amongst others.
Home Loan in Noida: Documents Required
To apply for a Home Loan with Bajaj Housing Finance, you will need the following documents:
1. For Salaried Employees
- KYC documents
- Mandatory documents (PAN Card/Form 60)
- 3 months’ salary slips
- Proof of employment
- ITR statements
2. For Self-Employed Individuals
- KYC documents
- Mandatory documents (PAN Card/Form 60)
- P&L statements
- Educational certificates for doctors and a valid COP for CAs
- Proof of business vintage
- ITR statements
Note: This list is indicative. Additional documents may be needed during loan processing.
Home Loan in Noida: Eligibility Criteria
| Eligibility Criteria | Salaried Borrowers | Self-Employed Borrowers |
|---|---|---|
| Nationality | Indians (including NRIs) | Indians (residents only) |
| Age | 23 to 75 years** | 25 to 70 years** |
| Work Experience/Business Continuity | 3 years+ | 5 years+ |
| Income | Employed with a stable source of income | Showcase stable revenue from profession or business |
**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.
Home Loan in Noida: How to Apply
The Home Loan application journey with Bajaj Housing Finance is straightforward and can be wrapped up in minutes. Follow the prescribed steps to complete your application:
- Visit the Home Loan application on our official website.
- Provide your occupation type, desired loan type, and PIN code.
- Next, provide your identification, PAN, and income details.
- Lastly, declare whether you have already identified a property for which you need the Home Loan. If yes, select the property type, and provide the down payment details.
- Submit the form.
A Bajaj Housing Finance representative will connect with you to walk you through the following steps.
*Terms and conditions apply
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