Home Loan in Vishakhapatnam: Overview
Vishakhapatnam is not just a beautiful city but also the only one from Andhra Pradesh to be included in the country's list of top 10 investment destinations. Home to beautiful beaches, the city attracts tourists around the year who come to enjoy its scenic beauty as well as its pleasant climate. However, there is more to Vishakhapatnam -- it boasts several great academic institutions. Further, over the last few years, several companies have created their bases in the city, which has greatly boosted the demand for housing in Vishakhapatnam.
Buying a property in Vishakhapatnam now might be a good idea as it is a growing city. If you need financial assistance in terms of a Home Loan, Bajaj Housing Finance provides you competent interest rates and quick loan processing to make your buying process comfortable.
Home Loan in Vishakhapatnam: Features and Benefits

Competitive Interest Rates
Bajaj Housing Finance offers Home Loans in Vishakhapatnam at interest rates starting as low as 8.50%* p.a. for salaried and professional individuals. This means you can now buy your dream home by paying as low as Rs.733/Lakh* in EMIs. Further, with Bajaj Housing Finance, eligible borrowers stand a chance to avail of funds of Rs.5 Crore* or more as loan.

Home Loan Balance Transfer
For better borrowing terms, you can get your existing home loan transferred to Bajaj Housing Finance and benefit from our competitive interest rates starting at 8.60%* p.a. for salaried and professional applicants.

Top-Up Loan
Opt for a Home Loan Balance Transfer with Bajaj Housing Finance and avail of funds of Rs.1 Crore* or more basis eligibility as a Top-up loan. These funds come with zero end-use restrictions; you can use the money for any purpose you like.

Flexible Tenor
Opt to pay off your loan over a period extending up to 40 years and keep your EMIs affordable and the task of paying off your loan completely stress-free.

Customized Repayment Plan
Have your eyes on an under-construction property but do not want to take on the burden of paying full-value EMIs until the construction on the property is complete? Opt for our customized repayment plans and pay only a part of your EMIs until suitable for you otherwise.

Simple Eligibility and Documentation Requirements
Our eligibility and document requirements for a Home Loan in Vishakhapatnam are simple and easy to meet. In other words, getting your home finance approved with us is quite easy.

Online Tools for Better Decision Making
Use our online calculators to figure out the right combination of the loan value, EMIs, and tenor for you. Further, use these calculators to plan your monthly budget in such a way that you are never behind on your EMI payments.

Online Account Management
Access your account details, make payments, raise queries and do a lot more at any time and from anywhere using our online customer portal.

PAN India Branch Network
Uncomfortable making an application online? Have a query? Now walk into a Bajaj Housing Finance branch located near you and get all your issues resolved in person by our well-trained staff.
Home Loan in Vishakhapatnam: Eligibility Criteria
Our Home Loan eligibility criteria for a Home Loan in Vishakhapatnam are simple and easy to meet for both salaried and self-employed professionals. Here they are:
- Salaried applicants applying for a Home Loan must be an Indian citizen (including NRIs) between the ages of 23 and 75 years**
- They must also be able to show at least 3 years of work experience
- Self-employed applicants applying for a Home Loan must be an Indian (resident only) between the ages of 25 and 70 years**
- They must be able to show at least 5 years of business vintage
**Maximum age considered at the time of loan maturity.
Home Loan in Vishakhapatnam: Documents Required
If you are applying for a Home Loan in Vishakhapatnam with Bajaj Housing Finance, please keep these documents ready:
- KYC documents, such as Aadhar, Passport, PAN card, Ration Card, Utility Bills
- Passport-size photographs
- Form 16 and/or the latest salary slips for salaried individuals
- TR 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’ vintage (for businessmen/self-employed individuals only)
Please note that this is only an indicative list. You may be asked for more documents at the time of loan processing. These requirements will be communicated to you by our team.
Home Loan in Vishakhapatnam: How to Apply?
Follow these steps to make an online application with us:
- Visit our website and open our online application form
- Enter Name and Number
- Select your loan type and employment type
- Enter your net monthly salary or income
- Input your PIN code to check if your location is served
- Input the loan amount you are seeking
- Generate OTP and submit
Someone from our team will call you to explain the steps ahead.
Alternatively, you can also apply for a Home Loan offline by walking into any of our branches around India.
*Terms and conditions apply.