Home Loan in Vadodara: Overview
Vadodara has emerged as one of the biggest real estate investment destinations in the country. The Ahmedabad-Vadodara express highway connects Vadodara with the rest of the state and the country and therefore, connectivity is Vadodara's biggest asset. Now, with reputed MNCs opening offices in the city, demand for housing is further boosted. Vadodara also has good schools and colleges, making it an idyllic residential destination.
If you plan to invest in Vadodara and need a home loan to do so, choose a Bajaj Housing Finance Home Loan to make your home buying journey easier.
Home Loan in Vadodara: Features and Benefits
Easy Balance Transfer Facility
Eligible applicants can opt for a Home Loan Balance Transfer with Bajaj Housing Finance to enjoy highly competitive interest rates.
Top-Up Loan
You can also avail of an additional top-up on your ongoing Home Loan to fund other housing-related expenses such as home renovation, repair, or remodelling.
No Part-Prepayment and Foreclosure Charges
Bajaj Housing Finance does not charge any part-prepayment and foreclosure charges on home loans availed of at floating interest rates by individual borrowers.
Flexible Tenor
You can opt to pay your loan over a period extending up to 40 years. This makes repayment simple and easy, minimising the risks of delayed payments or defaults.
Minimal Documentation
Our eligibility criteria and documentation requirements are simple, thereby ensuring a smooth and hassle-free loan journey from the beginning until the end.
Online Account Management
Now manage your loan account from anywhere and at any time. Access account details, make payments, and do a lot more through our customer portal.
Online Home Loan Calculators
Use our Home Loan EMI Calculator to figure out the right loan amount and EMI, so you can refine your home loan application to maximise your loan eligibility.
Home Loan in Vadodara: Eligibility Criteria
For Salaried Individuals
Bajaj Housing Finance Home Loans boast of eligibility criteria that are simple and easy to meet. Here are our eligibility criteria for salaried individuals:
- You should be an Indian resident or an NRI
- You should be aged between 23 and 75 years**
- You should be employed with a reputed company and must be able to show at least 3 years of work experience
For Self-Employed Individuals
Here are our eligibility criteria for self-employed individuals who wish to avail of a loan from us in Vadodara:
- You must be an Indian resident only
- You should be between 25 and 70 years** of age
- You should be able to show at least 5 years of business continuity
**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 Vadodara: Documents Required
Here is a list of documents you will need to keep handy while applying for a home loan in Vadodara.
- Mandatory documents such as PAN card or Form 60
- KYC documents, including PAN, Aadhar, Driving Licence, Passport, Utility Bills, etc.
- Passport-size photographs
- If you are salaried, you will be required to provide Form 16 or the latest salary slips
- If you are self-employed, you will need to provide your P&L statements as well as documents related to proof of business
- You will also need to provide the last 6 months' bank account statements
Note: The list of documents mentioned is indicative. During loan processing, additional documents may be needed. These requirements will be communicated to you accordingly.
Housing Loan in Vadodara: How to Apply
Applying for a home loan in Vadodara with Bajaj Housing Finance is easy. Simply follow these steps:
- Visit our website and access our online application form
- Select the Home Loan application form
- Provide your personal and income-related information in the next step
- If you have identified the property you wish to buy, provide property details
- Submit the form
Our representatives will contact you and explain the steps ahead.
*Terms and conditions apply
