Details of a Housing Loan in Sehore
Sehore, a district in Madhya Pradesh, has recently witnessed notable developments with infrastructural upgrades such as road expansion projects and improved connectivity. The establishment of educational institutions and healthcare facilities has enhanced the quality of life for residents. Additionally, agricultural modernization initiatives aim to boost the region's economy.
If you are planning to buy a property in Sehore, opt for a Bajaj Housing Finance Home Loan.
Features and Benefits of a Home Loan in Sehore
Competitive Interest Rate of 7.99%* p.a.
Bajaj Housing Finance offers Home Loans at interest rates starting as low as 7.99%* p.a., for salaried borrowers, to facilitate an easy homebuying experience for you.
Home Loan Balance Transfer
Transfer your Home Loan to us and enjoy highly competitive interest rates, added facilities, and several beneficial services, such as a sizeable Top-up Loan, which can be used to fund home renovation or remodelling or any other housing needs.
Repayment Tenor of 32 Years
Want to make the process of paying off your loan completely hassle and stress-free? With Bajaj Housing Finance, you can pay off your loan over a period extending up to 32 years.
Hassle-Free Application
Our online application process ensures a truly smooth digital experience. Now you can even opt for our doorstep document pick-up service and avoid the hassle of visiting a branch.
Zero Part-Prepayment and Foreclosure Charges
Individual borrowers who have opted for a Home Loan on a floating interest rate are not required to pay any additional fees while making part pre-payments or deciding to foreclose their loan.
Disbursal in 48 Hours*
You can expect to receive funds in 48 Hours* after your application is approved and your documents are verified.
Eligibility Criteria for a Home Loan in Sehore
As mentioned before, our eligibility criteria are straightforward and easy to meet for both salaried and self-employed individuals. Here they are:
For Salaried Individuals
- You should be an Indian citizen (including NRIs) between the age of 23 and 67 years**.
- You should be a working professional with at least 3 years of prior work experience.
For Self-Employed Individuals
- You should be an Indian (resident only) between the age of 23 and 70 years**.
- You should be able to show steady income from your business as well as a business vintage of at least 3 years.
**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.
Home Loan in Sehore: Documents Required
We require minimal documents*** to process your Home Loan so that you can focus on planning related to your property. Please keep the following documents ready for quick and easy processing:
| Salaried Applicants | Self-Employed Professionals | Self-Employed Applicants |
|---|---|---|
| Aadhaar Card, PAN/Driving License, etc. | Aadhaar Card, PAN/Driving License, etc. | Aadhaar Card, PAN/Driving License, etc. |
| Mandatory documents such as PAN Card or Form 60 | Mandatory documents such as PAN Card or Form 60 | Mandatory documents such as PAN Card or Form 60 |
| Salary slips (3 months), Form 16, Employee ID, etc. | P&L statement | P&L statement |
| Bank account statements (6 months) | Bank account statements (6 months) | Bank account statements (6 months) |
| Title Deed, Property Tax Receipts, Allocation Letter, etc. | Title Deed, Property Tax Receipts, Allocation Letter, etc. | Title Deed, Property Tax Receipts, Allocation Letter, etc. |
***Additional documents may be requested at the time of loan processing.
Steps to Apply for a Home Loan Online in Sehore
Follow these steps to apply for a Home Loan in with Bajaj Housing Finance:
- Visit our Home Loan application form.
- Enter your personal details as requested.
- Select the type of Home Loan you need and fill in the amount you require.
- Generate your OTP and complete the rest of the application.
A Bajaj Housing Finance representative will connect with you shortly to walk you through the next steps.
*Terms and conditions apply.
You can unlock your dream home in Sehore with Bajaj Housing Finance with quick disbursal within 48 Hours* post documents verification.
Here is a list of documents required to apply for a Home Loan in Sehore:
- KYC Documents: Aadhaar Card, Voter's ID, and Utility Bills.
- Mandatory Documents: PAN Card or Form
- Proof of Income: Latest salary slips for salaried applicants and P&L statements for self-employed applicants
- Business Proof: Documents showing the business vintage of 3 years (for self-employed applicants only)
- Account Statements: Statements of your primary account of your last 6 months as proof of income
***This is an indicative list of documents.
With Bajaj Housing Finance, you can secure a Home Loan in Sehore with a sanctioned loan amount of Rs.5 Crore* or more, based on your eligibility.
You can use our housing loan eligibility calculator to find out the loan amount you can qualify for with a salary of Rs.40,000.
You can get a Home Loan in Sehore from Bajaj Housing Finance with a repayment tenor of up to 32 years and manageable EMIs.
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