Home Loan Up to 60 Lakh_Banner_WC


Home Loan Up to 60 Lakh: Overview_WC

A Home Loan is a sizeable credit that comes with a repayment period as high as 30 years. Thus, it is important applicants review all specifications and features before applying.

Features and Benefits Home Loan of up to Rs.60 Lakh

If you are looking for a home loan worth Rs.60 Lakh, you can enjoy several benefits if you opt for Bajaj Housing Finance.

Minimal documentation

Complete your home loan application process with minimal documentation, from the comfort of your home.

Long Repayment Tenor

Enjoy a repayment tenor of up to 30 years. You can choose to opt for a longer tenor with lower EMIs to ensure comfortable repayment, or a shorter tenor so you can become debt free quicker.

Affordable EMIs

We offer a competitive interest rate starting at 8.70%* for salaried and professional individuals. Your EMI can start with as low as Rs.783/Lakh*.

Top-up of Rs.1 Cr* and more

When you transfer your loan balance to Bajaj Housing Finance, you not only stand to benefit from a lower interest rate and reduced EMIs, but you also get the option to avail of a Top-up Loan – be it for debt consolidation or home renovation.

Loan Amount of Rs.5 Cr*

Don’t let the sanction amount be an issue when purchasing your dream home. Avail of a sizeable home loan of Rs.5 Crore* or even higher, depending on your eligibility.

Disbursal in 2 days*

Home loan applicants can expect to receive their sanction within 48 Hours*, following the approval of their application and documentation verification.

Documentation required for a Home Loan of Rs.60 Lakh_WC

Documentation required for a Home Loan of Rs.60 Lakh

A Rs.60 Lakh loan can be availed from either the online portal of Bajaj Housing Finance or by visiting your nearest Bajaj Finance office. Whether you are a salaried individual, a professional or a self-employed businessman, you are eligible for a home loan if you satisfy the following criteria:

For Salaried Individuals and Professionals

  • KYC documents for identity verification 
  • 3 months’ salary slips for income proof
  • Proof of employment
  • Property related documents such as title deed, property tax receipts, and allotment letter

For Self-Employed Individuals

  • KYC documents for identity verification 
  • P&L statements, among other documents, to prove a steady flow of income from the existing business operational for more than 5 years
  • Educational certificates for doctors and a valid COP for CAs
  • Proof of business
  • Property related documents such as title deed, property tax receipts, and allotment letter
  • Note: This list is indicative. Additional documents may be needed during loan processing.

Eligibility Criteria For Home Loan up to Rs.60 Lakh_WC

Eligibility Criteria For Home Loan up to Rs.60 Lakh

Salaried individuals Self-employed individuals
3 years work experience 5 years business vintage
Indian Nationality and resident Indian Nationality and resident
23 to 62** years of age 25 to 70** years of age

** The maximum age is considered as age at the time of loan maturity.

Checklist before you apply for a Home Loan up to Rs.60 lakh_WC

Checklist before you apply for a Home Loan up to Rs.60 lakh

  1. Check Your Eligibility for a Home Loan up to 60 Lakh

    Your first task is to plan a budget to buy a new house. Once done, you can keep a certain sum of money aside to pay the home loan down payment. Then determine how much money you will need to borrow as a loan from a lending institution to cover the rest of the purchase price, based on your home loan eligibility.
  2. Check Your Credit Score

    Once you have done budgeting, keep a track of your credit score to check if you are likely to receive the Home Loan amount you desire. Obtaining a loan shouldn't be too difficult if your credit score is above 750. In case it is below 750, you need to focus on increasing it.
  3. Keep the Relevant Documents Handy

    Once you know you meet the home loan eligibility criteria and your credit score is fine, make a list of documents you will need to apply for the housing loan. You can call the lender or check their website to learn about the documents you may need. Applying for a housing loan is pretty simple. You can apply online or by physically visiting a nearby branch. These days, a lender’s representative can also visit your place to explain the end-to-end procedure to you.
  4. Analyze the Interest Rates for Home Loan up to 60 Lakh

    It is imperative to compare home loan interest rates before applying. It's in your best interest to research the offerings of the shortlisted financial lenders, especially the ones that cater to borrowers like you. See which financial institution offers the most lucrative interest rate. After you have read the terms and conditions, take a call.

Steps to Apply for a Home Loan Up to 60 Lakh_WC

Steps to Apply for a Home Loan Up to 60 Lakh

  1. Submit a Loan Application – With details like your name, contact number, employment type, loan amount and the property for which you are seeking loan.
  2. Documentation – You will have to attach certain documents for KYC and other purposes like the Aadhar card, Driving license, bank account statements, 3-months salary slips(for salaried employees), proof of business with a vintage of 5 years(for self-employed), property documents. You may be asked for more documents actually.
  3. Verification and processing – Your documents will be scrutinized, and your credit report will be pulled by the lender
  4. Sanction letter – Post successful verification of documents, you will get a sanction letter entailing the loan amount, interest rate, repayment tenor and others. This letter needs to be signed by you and sent back.
  5. Pay a one-time secure fee.

Once all steps are done, you will receive a final agreement after the lender has performed all checks and your loan amount will be disbursed.

Following Home Loan disbursement and property possession, you can get done with the registration process by clearing the registration fee and stamp duty. Your lender will keep the original registry paper till you repay the loan completely.

*Terms and conditions apply

Home Loan 60Lakh _RAC_WC

Home Loan up to Rs. 60 lakh_PAC_WC

People also consider






P1 CommonOHLExternalLink_WC

Apply Online For Home Loan
Online Home Loan

Instant Home Loan approval at just

Rs. 1,999 + GST

Rs.5,999 + GST