Home Loan of Rs.12 Lakh: Overview
Buying a home is a key life milestone for many borrowers. The right financing can make the journey simpler and more manageable. With Sambhav Home Loans from Bajaj Housing Finance, you can access funding of Rs.12 Lakh at a competitive interest rate and repay it over a flexible tenure.
Features and Benefits of a Home Loan of Rs.12 Lakh
Simple Application Process
Applying for a Sambhav Home Loan is easy, whether you choose to apply online or visit a branch in person.
Easy Eligibility Criteria
With flexible eligibility criteria, you can avail of a Sambhav Home Loan can be availed with or without income proof.
Long Repayment Tenure
Repay your loan easily with a flexible tenure of up to 25 years.
Extensive Branch Network
Our presence across multiple locations ensures seamless access to services and ongoing support.
Eligibility Criteria of Rs.12 Lakh Home Loan
Meet the following eligibility criteria to apply for a Sambhav Home Loan of Rs.12 Lakh
Salaried applicants:
-
Should be an Indian resident
-
Should fall within the age range of 23 to 62 years** of age
Self-employed applicants:
-
Should be an Indian resident
-
Should be between 23 and 70 years** of age
**The upper age limit is considered as 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 of Rs.12 Lakh: Required Documents
With our minimal documentation and quick processing, you can experience a hassle-free Home Loan journey. Submit these documents when applying for a Sambhav Home Loan:
Salaried Applicants
-
Mandatory Documents – PAN Card or Form 60 (Borrowers without a PAN Card may submit Form 60)
-
KYC Documents – Recent photograph, Voter’s ID, valid current address proof, proof of possession of Aadhaar, valid driving licence
-
Property-Related Documents – Title deed, allotment letter, property tax receipts
Self-Employed Applicants
-
Mandatory Documents – PAN Card or Form 60 (Borrowers without a PAN Card may submit Form 60)
-
KYC Documents – Recent photograph, Voter’s ID, valid current address proof, proof of possession of Aadhaar, valid driving licence, business vintage proof
-
Property-Related Documents – Title deed, allotment letter, property tax receipts
Note: This list is indicative.
Steps to Apply for a Home Loan of Rs.12 Lakh
Applying for a Rs.12 Lakh Home Loan with Bajaj Housing Finance is quick and hassle-free with our online application process. Follow these simple steps to apply:
- Visit our Home Loan application form.
- Provide your personal details, including your name, contact number, and employment type.
- Choose the loan type you wish to apply for.
- Enter your net monthly income and PIN code.
- Specify the loan amount you need.
- Generate and enter the OTP for verification.
- Fill in all the required details.
- Submit the application form.
After you submit the form, our team will contact you within 24 hours* to guide you through the next steps.
*Terms and conditions apply.
FAQs
The interest rate and repayment tenure determine your monthly instalments or EMIs for a Home Loan of Rs.12 Lakh. You can calculate your EMIs easily using our Home Loan EMI Calculator. Follow these steps:
-
Enter the loan amount you wish to borrow.
-
Select or enter the repayment tenure.
-
Enter the applicable interest rate.
The calculator will instantly display the estimated EMI amount along with the total interest and amount payable.
Applicants who meet the following eligibility criteria can apply for Sambhav Home Loans:
Salaried applicants:
- Should be an Indian resident
- Should fall within the age range of 23 to 62 years** of age
Self-employed applicants:
- Should be an Indian resident
- Should be between 23 and 70 years** of age
**The upper age limit is considered as age at the time of loan maturity. Additionally, the upper age limit for applicants is subject to change, depending on the property profile.
