Securing a Home Loan as a self-employed individual involves meeting specific eligibility criteria set by your lender. Knowing these requirements beforehand can help you assess your eligibility and take measures to improve your chances of approval.
Eligibility Criteria for Self-Employed Applicants
Bajaj Housing Finance offers Home Loans to self-employed applicants at competitive interest rates and flexible repayment tenures. To apply for a Home Loan, you need to meet the following eligibility criteria:
- The applicant should be between 23 and 70 years** of age
- A minimum of 3 years of business vintage in the current enterprise is required
- Ideally, a CIBIL score of 750 is preferred
- The applicant should be a residing Indian citizen
**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.
Documents Required for Self-Employed Applicants
To apply for a Home Loan with us, you need to submit the following documents along with your application:
- Mandatory Documents: PAN Card or Form 60
- Proof of Identity: Aadhaar Card, Driving Licence, or Voter ID Card
- Proof of Residence: Utility Bills or Passport
- Proof of Income: Balance sheet and Profit & Loss Statement attested by a registered CA and Income Tax Returns for the last three years
- Additional Documents: Passport-sized photographs of applicants and co-applicants (if any)
- Property Documents: Title Deed, Allotment Letter, Buyer’s Agreement, or Sales Agreement
Note that this is an indicative list of documents. Our representative may contact you for additional documents if required.
Dos and Don’ts before Applying for a Home Loan
Dos
- Evaluate interest rates, processing fees, and repayment terms from multiple lenders to secure the best deal.
- Regularly monitor your credit score and take steps to improve it, such as timely bill payments and reducing outstanding debts.
- Carefully read the loan agreement, including interest rate, tenure, and additional fees.
- Obtaining a pre-qualified Home Loan can make the homebuying process easy.
- Organise and update necessary documents such as income proofs, tax returns, and bank statements to expedite the application process.
Don’ts
- Don’t apply for multiple loans or credit cards simultaneously, as it may reduce your credit score.
- Avoid missing EMI payments on existing loans or credit cards.
- Don’t overlook additional costs such as processing fees or penal charges.
Steps to Apply for a Home Loan
Applying for a Home Loan with Bajaj Housing Finance is simple. Follow the steps given below:
- Go to the housing loan application form.
- Provide your personal details, including your name, mobile number, and employment type.
- Select the loan type you wish to apply for and enter your net monthly income.
- Enter your PIN code and the desired loan amount.
- Click on ‘Generate OTP’, enter the OTP received on your mobile, and then click ‘Proceed’.
- Fill in all the requested financial details to complete the form.
- Once done, click ‘Submit’ to submit your application.
After submitting your housing loan application, one of our representatives will contact you within 24 hours*to guide you through the next steps.
*Terms and conditions apply.
DISCLAIMER:
While care is taken to update the information, products, and services included in or available on our website and related platforms/websites, there may be inadvertent errors or delays in updating the information. The material contained in this website and on associated web pages, is for reference and general information purposes, and the details mentioned in the respective product/service document shall prevail in case of any inconsistency. Users should seek professional advice before acting on the basis of the information contained herein. Please take an informed decision with respect to any product or service after going through the relevant product/service document and applicable terms and conditions. Neither Bajaj Housing Finance Limited nor any of its agents/associates/affiliates shall be liable for any act or omission of the Users relying on the information contained on this website and on associated web pages. In case any inconsistencies are observed, please click on contact information.
Trending Articles

home+loan Home Loan
[N][T][T][N][T]
Partition Deed: A Comprehensive Guide to Its Meaning, Format, and Registration Process2025-04-01 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Understanding Stamp Duty and Registration Charges in Tamil Nadu2025-05-08 | 6 min

home+loan Home Loan
[N][T][T][N][T]
Khasra Number Explained: How to Find It2025-01-03 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Understanding Token Money: Its Importance and Key Considerations2025-01-16 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Understanding Bigha in India: Convert 1 Bigha to Square Feet, Acres, and Hectares2025-01-31 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Gift Deeds: A Comprehensive Guide to Registration and Documentation2025-01-29 | 2 min

home+loan Home Loan
[N][T][T][N][T]
What is Fractional Homeownership?2025-06-25 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Should You Use Your Annual Bonus to Prepay Loans? Here’s What You Need to Know2025-06-25 | 6 min

home+loan Home Loan
[N][T][T][N][T]
How to Use a Prepayment Calculator Effectively?2025-06-26 | 6 min

home+loan Home Loan
[N][T][T][N][T]
Key Benefits of Availing of a Home Loan2025-06-26 | 4 min

home+loan Home Loan
[N][T][T][N][T]
How Home Loan Rates Are Determined – What You Should Know2025-06-26 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Understanding the Concept of Freehold Property in India2025-07-02 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Make Your Home Loan Work for You: A Simple Tax Declaration Guide2025-07-02 | 3 min

home+loan Home Loan
[N][T][T][N][T]
What is a Good CIBIL Score Range and Why Does It Matter?2025-07-03 | 7 min

home+loan Home Loan
[N][T][T][N][T]
4 Steps to Avoid Identity Theft and Credit Fraud2025-07-03 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Removing Credit Enquiries from CIBIL – What You Should Know2025-07-04 | 6 min

home+loan Home Loan
[N][T][T][N][T]
Simplified Guide to Land Records in Odisha: Bhulekh Odisha ROR and BhuNaksha Verification2025-02-27 | 3 min

home+loan Home Loan
[N][T][T][N][T]
CIBIL MSME Rank Explained – Why It Matters for Your Loan Against Property Application2025-07-07 | 5 min

home+loan Home Loan
[N][T][T][N][T]
How to Get Commercial CIBIL Report – A Guide for LAP Applicants2025-07-07 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Mutation of Property: Meaning, Process, and Importance2025-03-20 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Possession Certificate: Meaning, Importance, and Application Process2025-03-20 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Understanding the ECN Number in Your CIBIL Report2025-07-08 | 3 min

home+loan Home Loan
[N][T][T][N][T]
CIBIL Score Rules – What Every Home‐Loan Applicant Should Know2025-07-08 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Top-Up Loan, Personal Loan, and Gold Loan: Understanding the Differences2025-04-11 | 6 min

home+loan Home Loan
[N][T][T][N][T]
Understanding Your Chances of Getting a Home Loan with a Pre-Qualified Offer2025-09-10 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Practical Tips to Improve Your Home Loan Eligibility2025-09-09 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Understanding Home Loan Eligibility for Rs.35,000 Salary in India2025-09-09 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Applying for a Home Loan When Your Salary is Paid in Cash2025-09-09 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Understanding How Home Loan Amount Depends on Salary in India2025-09-08 | 6 min

home+loan Home Loan
[N][T][T][N][T]
Decoding the Right Home Loan Amount for Your Dream Home2025-09-08 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Getting a Home Loan When You Don’t Have Form 162025-09-15 | 3 min

home+loan Home Loan
[N][T][T][N][T]
How Much Home Loan Can I Afford in India?2025-09-15 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Tips for a Home Loan in India – Your Complete Guide to a Smooth Application Process2025-09-12 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Rs.90 Lakh Home Loan EMI – A Complete Guide for Homebuyers2025-09-08 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Circle Rate vs. Market Rate – Understanding the Difference2025-06-17 | 4 min

home+loan Home Loan
[N][T][T][N][T]
What is the Ideal Home Loan Tenure?2025-09-05 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Minimum Salary Criteria for Affordable Home Loans2025-09-11 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Understanding the Advantage of a Fixed-Rate Mortgage Loan2025-09-11 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Registration of Home Loan Agreement Explained2025-09-10 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Validity of a Pre-Qualified Home Loan – Everything You Need to Know2025-09-10 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Exploring Home Loan Eligibility: Rs.10 Lakh on Rs.15,000 Salary2025-09-15 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Locking Your Interest Rate with a Dual Interest Rate Home Loan – A Smart Way to Begin2025-09-17 | 3 min

home+loan Home Loan
[N][T][T][N][T]
How to Lock Your Interest Rate with a Dual Interest Rate Home Loan2025-09-17 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Home Loan Eligibility in India – How Much Can You Actually Borrow?2025-09-12 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Stamp Duty on Home Loan in India – What You Need to Know Before Buying a Property2025-09-12 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Home Loan Eligibility on Rs.28.5 Lakh Income in India2025-09-16 | 3 min

home+loan Home Loan
[N][T][T][N][T]
How Easy is a Home Loan Balance Transfer to a New Lender?2025-09-16 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Understanding the Home Loan Balance Transfer Process2025-09-16 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Is It Safe to Buy a RERA-Approved Apartment in India?2025-09-22 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Understanding the RERA Impact on Home Loans in India2025-09-22 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Selling a Property with an Ongoing Home Loan: What You Need to Know2025-09-19 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Home Loan Eligibility for Salaried Professionals with Limited Work Experience2025-09-19 | 3 min

home+loan Home Loan
[N][T][T][N][T]
How to Improve Your CIBIL Score for a Home Loan in India?2025-09-19 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Advantages for First-Time Home Buyers2023-07-14 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Understanding the Roles of Co-borrower, Co-signer, and Co-owner in Home Loans2025-03-11 | 3 min

home+loan Home Loan
[N][T][T][N][T]
A Guide to Applying for DTCP Approval for Patta Land Online2025-01-13 | 6 min

home+loan Home Loan
[N][T][T][N][T]
Exploring Square Feet to Centimetre Conversion for Interior Design and Construction2025-03-27 | 2 min

home+loan Home Loan
[N][T][T][N][T]
How to Pick the Best Home Loan Tenure that Suits Your Budget2023-06-29 | 5 min

home+loan Home Loan
[N][T][T][N][T]
6 Ways to Reduce Your Home Loan Interest2024-03-20 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Understanding Home Loan Settlement: What You Need to Know2025-03-13 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Things to Avoid When Switching Your Home Loan2025-04-02 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Home Loan Transfers: Unlocking Better Rates and Terms2025-05-07 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Understanding Property Valuation for Home Loans in India2025-03-13 | 2 min

home+loan Home Loan
[N][T][T][N][T]
New Home Loan Subsidy Scheme: A Simple Guide for First-Time Homebuyers2025-04-14 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Home Construction Loan Application Guide2025-03-18 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Eligibility Guide for PMAY Urban 2.0: Credit Linked Subsidy Scheme (CLSS) Explained2025-01-13 | 2 min

home+loan Home Loan
[N][T][T][N][T]
How Your Bank Account Statement Affects Your Home Loan Eligibility2025-03-19 | 4 min

home+loan Home Loan
[N][T][T][N][T]
How to Know the Survey Number of Land in India2025-04-01 | 2 min

home+loan Home Loan
[N][T][T][N][T]
BBMP: Full Form, History, and Role in Bangalore’s Governance2025-03-20 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Ways to Check RERA Registration Status of Real Estate Projects2025-03-20 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Buying a Home: Understanding the 'No EMI till Possession' Scheme2025-03-19 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Stamp Duty in Bihar: Key Documents and Fees Simplified2025-01-16 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Exploring the Impact of Credit Applications on Your CIBIL Score2025-07-08 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Understanding FMB Sketch Online in Tamil Nadu: A Comprehensive Guide2025-04-14 | 3 min

home+loan Home Loan
[N][T][T][N][T]
CIBIL Score Rules – What Every Home‐Loan Applicant Should Know2025-07-08 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Understanding eNACH Mandates: Meaning, Benefits, and How it Works2025-04-03 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Stamp Duty and Property Registration Charges in Kerala: A Comprehensive Guide2025-04-11 | 2 min

home+loan Home Loan
[N][T][T][N][T]
MCGM Property Tax Mumbai: Online Payment, Calculation, and Exemptions Explained2025-04-14 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Credit Scores and Loan Against Property – What Borrowers Should Know2025-07-07 | 4 min

home+loan Home Loan
[N][T][T][N][T]
What is Patta Chitta and How to Apply for it Online?2025-04-01 | 2 min

home+loan Home Loan
[N][T][T][N][T]
Commencement Certificate: Meaning, Role, Requirement and Importance2025-03-06 | 3 min

home+loan Home Loan
[N][T][T][N][T]
BanglarBhumi West Bengal Land Records2025-03-04 | 3 min

home+loan Home Loan
[N][T][T][N][T]
How a ‘Settled’ Status Can Affect Your CIBIL Score and Your Home Loan Chances2025-07-03 | 6 min

home+loan Home Loan
[N][T][T][N][T]
Knowing When It's Time to Upgrade Your Home2025-07-02 | 2 min

home+loan Home Loan
[N][T][T][N][T]
House Rent Allowance Under Section 10(13A) of the Income Tax Act2025-03-05 | 3 min

home+loan Home Loan
[N][T][T][N][T]
How Can Prepayment of Your Home Loan EMI Help in the Long Run?2025-06-24 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Understanding What Affects Home Loan Interest Rates2025-06-20 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Paid Off Your Home Loan? Know What to Do Next2025-06-10 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Understanding How Home Loan Interest Rates Are Determined2025-05-12 | 5 min

home+loan Home Loan
[N][T][T][N][T]
How to Access Your Login Details in Bajaj Customer Portal?2024-02-02 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Factors to Consider Before Opting for Home Loan Balance Transfer2024-06-21 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Top 5 Home Loan Calculators to Simplify Your Home Financing Journey2025-06-17 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Need Funds After Taking a Home Loan? Here's What You Can Do2025-06-16 | 4 min

home+loan Home Loan
[N][T][T][N][T]
Upgrading to a Bigger Home? Here is How to Plan Your Finances Right2025-06-16 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Joint Application in Home Loan – Pros, Cons, and Key Considerations2025-06-16 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Smart Ways to Understand and Use a Home Loan EMI Calculator2025-06-09 | 3 min

home+loan Home Loan
[N][T][T][N][T]
How MSME Loans Can Help Small Enterprises to Scale and Thrive2025-06-10 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Home Loan Basics Made Simple: Understanding Principal and Interest2025-06-10 | 3 min

home+loan Home Loan
[N][T][T][N][T]
How to Change Your Home Loan e-Mandate on the BHFL Customer Portal2025-03-21 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Smart Steps for Purchasing Property from an NRI: A Guide2025-05-29 | 3 min

home+loan Home Loan
[N][T][T][N][T]
IGR Odisha: A Guide to Online Property Services and Registration2025-03-20 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Domicile Certificate: Meaning, Documents, and How to Apply Online2025-04-14 | 2 min

home+loan Home Loan
[N][T][T][N][T]
PM Surya Ghar: Muft Bijli Yojana: Empowering Households with Rooftop Solar2025-04-01 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Home Loan Tranche Disbursement – A Homebuyer’s Guide2025-06-11 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Home Loan Balance Transfer Explained – Is Multiple Transfer Possible?2025-06-11 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Home Loan Balance Transfer: Benefits, Eligibility, and More2024-05-15 | 3 Min

home+loan Home Loan
[N][T][T][N][T]
What Affects the Interest Rate on Your Home Loan2024-03-13 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Home Loans: Smart Financing with Long-Term Benefits2025-06-09 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Is Prepaying Your Home Loan the Right Move?2025-06-06 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Five Important Factors to Keep in Mind When Prepaying Your Home Loan2023-01-17 | 6 min

home+loan Home Loan
[N][T][T][N][T]
ITR Filing for Home Loan – Know the Right Process to File Your Income Tax Returns2024-02-16 | 5 min

home+loan Home Loan
[N][T][T][N][T]
10 Factors That Affect Your Home Loan Eligibility2024-05-21 | 7 min

home+loan Home Loan
[N][T][T][N][T]
Understanding CIBIL MSME Rank: What it Means for Your Business Loan Application2025-05-30 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Rising Home Loan Interest Rates: Impact on First-Time Homebuyers2025-06-03 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Know About CTS Number When Buying a Property in Mumbai2025-03-04 | 5 min

home+loan Home Loan
[N][T][T][N][T]
Estimating Your Monthly Outgo on a Rs.1 Crore Home Loan2025-05-30 | 3 min

home+loan Home Loan
[N][T][T][N][T]
How Can You Get a Place of Your Own When Living in a Metro City?2025-05-30 | 3 min

home+loan Home Loan
[N][T][T][N][T]
How to Top Up your Home Loan2025-03-04 | 3 min

home+loan Home Loan
[N][T][T][N][T]
Understanding Home Loan Processing Time: What to Expect and How to Prepare2025-04-14 | 3 min

home+loan Home Loan
[N][T][T][N][T]
5 Great Ways Women Can Benefit from Taking a Housing Loan