Home Loan in Surendranagar: Overview
Surendranagar, in Gujarat, is well-known for its educational infrastructure and for being one of the world's largest producers of cotton. The city has become a popular real estate market due to the large number of job opportunities. Bajaj Housing Finance is present in Surendranagar and offers financial assistance to borrowers looking to buy their dream home at a low interest rate, among other benefits.
Home Loan in Surendranagar: Features & Benefits
Competitive Interest Rate
Bajaj Housing Finance provides Home Loans to salaried, professional, and self-employed individuals at a competitive interest rate of 8.45%*.
Zero Part-Prepayment and Foreclosure Charges
Individual Home Loan borrowers with a floating interest rate can make partial payments or foreclose on the entire loan amount without incurring any additional fees.
Long Repayment Tenor
With Bajaj Housing Finance, you can choose a long repayment term of up to 30 years, allowing you to plan your finances accordingly and comfortably repay the loan amount.
Sizeable Sanction Amount
Homebuyers applying for a Home Loan can receive Rs. 5 Crores or more depending on their Home Loan eligibility.
Home Loan Balance Transfer
If you already have a housing loan, you can use Bajaj Housing Finance's Home Loan Balance Transfer service to transfer your loan and maximise your savings.
Home Loan in Surendranagar: Interest Rate, Fees and Charges
Salaried, professional, and self-employed individuals can all benefit from Bajaj Housing Finance's attractive interest rates. The interest rate for a salaried and professional applicant is 8.45%*, and the interest rate for a self-employed applicant is 9.10%*.
You can check the current home loan interest rates applicable on Bajaj Housing Finance Home Loans on our website.
Home Loan in Surendranagar: Documents Required for Home Loan
When applying for a Home Loan with Bajaj Housing Finance, you are not required to submit a long list of documents. Only a few supporting documents are required, making the entire process simple to understand. The documents you must submit vary depending on the type of employment.
Salaried Applicant
- KYC Documents such as Aadhaar card, PAN card, Passport, driving license, and voter ID card
- Income proof documents such as salary slips for the past 3 months, employment letter, and company ID card
- Financial Documents such as banking statements for the past 6 months, Income Tax Returns, and Form 60
- Documents related to the property such as Allotment Letter, Sale Deed, and Property Tax Receipts
Self-Employed Applicant
- KYC Documents such as Aadhaar card, PAN card, Passport, driving license, and voter ID card
- Proof of Business such as such as incorporation certificate, GST certificate, and memorandum of association
- Financial Documents such as company banking statements for the past 6 months, income tax returns, balance sheet, and profit and loss statements (attested by a CA)
- Documents related to the property such as Allotment Letter, Sale Deed, and Property Tax Receipt
Home Loan in Surendranagar: Loan Eligibility
Bajaj Housing Finance has a set of criteria that a borrower must meet when applying for a Home Loan. Meeting these eligibility requirements will increase your chances of approval. The eligibility criteria differ depending on the type of employment.
| Salaried Individuals | Self-Employed Individuals |
|---|---|
| The applicant must be employed with a stable source of salaried income from a public or a private company or a multinational with a minimum 3 years of work experience | The applicant must be self-employed with a business continuity of over 5 years in the current enterprise |
| He/she must be between 23 and 62 years of age** | He/she must be between 25 and 70 years of age** |
| He/she must be a residing Indian citizen | He/she must be a residing citizen of India |
**The maximum age is considered as age at the time of loan maturity.
*Terms and conditions apply
