Home Loan in Pune: Overview
As the second-largest city in Maharashtra and one of the foremost IT hubs in India, Pune has emerged as a popular location among youth in the country. Pune residents enjoy an array of benefits – ample employment opportunities, a cosmopolitan population, and comfortable weather year-round.
If you are planning to avail of a Home Loan in Pune to purchase a residential property, the Bajaj Housing Finance Home Loan can be one of your easiest financing solutions. Avail of a loan amount of up to Rs.5 Crore* or more, based on your eligibility. Benefit from our competitive interest rate starting at 8.50%* p.a. for salaried applicants. If you already have a Home Loan, you can transfer the balance to us and avail of our range of benefits with reduced EMIs.
Home Loan in Pune: Features and Benefits
Easy Balance Transfer Facility
Looking for a lower interest rate? Eligible applicants can avail of competitive interest rates when they transfer the balance amount on their existing Home Loan.
Top-up Loan
You also have the option to avail of an additional Top-up Loan with our Home Loan Balance Transfer facility. One can use the funds to address other home-related expenses, such as home remodelling.
No Part-Prepayment and Foreclosure Charges
Individual borrowers with floating interest rate Home Loans face no additional charges if they wish to prepay or foreclose their loan.
Flexible Tenor
With us, you get the option to repay the loan over a period of up to 40 years, which ensures feasibility in the long term.
Minimal Documentation
We set easy eligibility criteria with minimal documentation requirements to ensure accessibility and hassle-free processing for all. Enjoy a streamlined process from start to end.
Online Account Management
Our features are at your fingertips round the clock. Access your loan details, complete transactions, and make outstanding Home Loans EMI payments via our customer portal .
Online Home Loan Calculators
To better plan repayment and make an informed decision, you can calculate your Home Loan EMIs beforehand. Use our Home Loan EMI Calculator to determine your monthly payments and Home Loan eligibility.
Integrated Branch Network
You can also avail of offline help by walking into any of our branches around the country. Our representatives can help you through the process in case of any doubts.
Quick Processing
Enjoy a hassle-free process with doorstep document pick-up, easy approval, and speedy disbursal. With us, you can be assured of maximum convenience along with a competitive Home Loan interest rate.
Interest Rate Starting at 8.50%* p.a.
With interest rates starting at 8.50%* p.a., salaried applicants can now avail of a Home Loan at EMIs as low as Rs.733/Lakh*.
Home Loan in Pune: Interest Rate, Fees and Charges
Bajaj Housing Finance offers competitive interest rates starting at just 8.50%* p.a. for salaried individuals. To know about our interest rates, click here.
Eligibility Criteria for Home Loan in Pune
Our eligibility criteria for salaried or self-employed applicants include:
For Salaried Individuals
- You should be an Indian (including NRIs).
- You should be between 23 and 75 years** of age.
- You should be a salaried individual with work experience of at least 3 years.
For Self-Employed Individuals
- You should be an Indian (resident only).
- You should be between 25 and 70 years** of age.
- You should be a self-employed individual with at least 5 years of continuity in your current business.
**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 Availing of a Home Loan in Pune
If you are applying for a Home Loan in Pune with Bajaj Housing Finance, keep these documents*** ready:
- Mandatory documents (PAN Card or Form 60)
- KYC documents (address and identity proofs)
- Photographs
- Form 16 and/or latest salary slips (for salaried individuals)/ITR document and P&L statements (for self-employed individuals)
- Bank account statements of the previous 6 months
- Document for proof of business, with a minimum of 5 years of vintage (for businessmen/self-employed individuals only)
***The list of documents mentioned is indicative. During loan processing, additional documents may be needed. These requirements will be communicated to you accordingly.
How to Apply for a Housing Loan in Pune?
- Visit our online application form.
- Choose your loan and employment type.
- Enter your personal details such as your name, mobile number, and select the type of employment.
- Depending on your employment type, you will need to fill up specific details such as your salary amount or annual turnover and business vintage.
- Populate all the financial details as requested and complete the form. Note: The fields that you need to fill may vary basis your employment type.
- Click ‘Submit’ to submit the application form.
Once you submit the form, our representative will contact you shortly to explain further steps, which include document submission, verification, and disbursal.
You can also apply for a Home Loan offline by walking into any of our branches across India.
*Terms and conditions apply.
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