Home Loan in Thane: Overview
Thane has been in the heart of the IT boom, home to several notable IT parks. Its proximity to Mumbai makes it one of the crucial business hubs and a lucrative investment destination. Thane has also witnessed robust infrastructural development, with the 32-kilometre metro link connecting Wadala to Kasarvadavali, making it more popular as an investment destination.
With property prices increasing constantly, buying a property in Thane can be a herculean task. If you need a home finance to facilitate your dream of home, choose Bajaj Housing Finance.
Home Loan in Thane: Features and Benefits
Competitive Interest Rate
We offer Home Loans with interest rates as low as 8.70%* p.a., for eligible salaried and professional applicants. This means you can now take a housing loan with EMIs as low as Rs.783/Lakh*.
Home Loan Balance Transfer
Choose to go the Home Loan Balance Transfer way and reduce your Home Loan interest rate to 8.70%*.
Repayment Tenor of 30 Years
Choose to pay your loan over a period extending up to 30 years and make repayment stress-free and easy.
Hassle-Free Application
Our document requirements are simple, and our home loan application process is easy. Further, our representatives are always ready to help you with any queries you have.
External Benchmark Linked Loans
Enjoy the benefits of linking your home loan interest rate to an external benchmark, such as the Repo Rate. This move can ensure transparency in the rate setting mechanism, and reduced rates under favourable market conditions.
Online Account Management
Enjoy a truly hassle-free experience even once the loan is disbursed. Use our customer portal to access your account details and make payments from anywhere and at any time you want.
Home Loan in Thane: Eligibility Criteria
| Eligibility Parameters | Salaried | Self-Employed |
|---|---|---|
| Nationality | Indian (Non-NRI) | Indian (Non-NRI) |
| Employment | Minimum 3 years of work experience in a public or private sector company, or an MNC | Minimum 5 years of vintage in the current enterprise |
| Age | 23 to 62 years** | 25 to 70 years** |
| Place of Residence | Must reside in one of the cities we operate in | Must reside in one of the cities we operate in |
**Please note that the eligibility criteria mentioned are indicative. Also, the upper age limits of 62 and 70 years are considered as the applicant’s age at the time of loan maturity.
Home Loan in Thane: Document Checklist
If you are applying for a Home Loan in Thane, you will need to provide certain documents that establish your identity and serve as your proof of address and income. Here is a tentative list of documents you will need:
- KYC documents, such as Aadhar and PAN cards, Voter ID, Passport, Driving Licence, Utility Bills, etc.
- If you are salaried, keep the last 3 months' salary slips handy with you. In case you are self-employed, you will be required to provide proof of business.
- You will also be asked to provide the last 6 months' bank account statement and ITR if you are salaried and the P&L statement if you are self-employed.
- Property documents you must provide may include a title deed, property tax receipts and allotment letter.
Our representative may need more documents to process your loan. These requirements will be communicated to you during the loan approval process.
*Terms and conditions apply.
