Affordable home loan in Delhi
Delhi, the capital city of India, is one of the largest urban territories in the country. As a commercial, political, and cultural hub, Delhi is home to over 30 million residents and nestles some of the most affluent locations in the nation.
Residents of Delhi looking to purchase, construct or renovate a home can avail a home loan in Delhi from Bajaj Finserv. Check your eligibility for a loan of up to Rs. 15 Crore** at an interest rate starting from 7.45%* p.a**
Interest rate for home loan in Delhi
Bajaj Finserv offers home loans at a nominal fee. The housing loan interest rates are low. There are no hidden charges, and applicants can avail tax benefits as per the Income Tax Act for further savings.
Applicant type |
Home loan interest rates in Delhi |
Salaried applicant |
Starting at 7.45%* p.a |
Self-employed applicant |
Starting at 7.85%* p.a. |
Features and benefits of home loan in Delhi
Applicants interested in availing a housing loan in Delhi can read more to know about the features of the Bajaj Finserv Home Loan.
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Pradhan Mantri Awas Yojana
Avail a home loan under Pradhan Mantri Awas Yojana to save up to Rs. 2.67 lakh on interest liability.
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Get an easy top-up loan
Obtain a top-up loan with no additional documentation and use the funds as per requirements.
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Flexible loan tenure
Use a home loan EMI calculator to choose a tenure, ranging up to 32 years, and repay your loan easily.
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Minimum documentation
With Bajaj Finserv, you can apply for an e-home loan by submitting only the required documents online.
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Zero prepayment and foreclosure charges*
For individual and non-individual borrowers with floating interest rate loans and loan taken for non-business purposes, there will be no prepayment and foreclosure charges.
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Home loan balance transfer
You can now transfer home loan balance to Bajaj Finserv and enjoy low interest rates on your housing credit.
As a centre of politics, employment, education and fashion, Delhi is one of the most sought-after locations in India. Also known as the ‘heart of India’, it is the city where one can see the diversity at its best.
Individuals looking forward to settling in Delhi can choose Bajaj Finserv to meet their financial requirements. Bajaj Finserv offers home loan of up to Rs. 15 Crore* to the residents of Delhi. With low interest rates, minimal documentation, flexible tenor, and several other facilities, Bajaj Finserv is here to solve all housing loan related needs.
Eligibility criteria for home loan in Delhi
| Criteria | Self-employed | Salaried | Doctors |
| Age (in years) | 23 years to 70 years* |
23 years to 67 years* |
23 years – 70 years* |
| CIBIL Score | 725 or higher |
725 or higher |
725 or higher |
| Citizenship | Indian | Indian | Indian |
| Employment status | You should have a business continuity of over 5 years in the current business. | Must be employed with a stable income source from a public or a private company with a minimum of 3 years of work experience. | Must hold an MBBS or subsequent higher degree. You should also have a business continuity of over 5 years in your current practice. |
Documents required for home loan in New Delhi
- KYC documents (identity and address proof)
- Proof of income (salary slips or P&L statement)
- Proof of business (for self-employed applicants), and
- Account statements for the last 6 months
With simpler eligibility criteria, more residents of Delhi can now meet their housing needs easily. Check the documents required for a home loan beforehand and prepare a checklist before applying so you can enjoy instant approval.
How to apply for home loan in Delhi?
Applying is simple and quick. Just follow these steps:
- Click the 'APPLY' button on this page.
- Enter your full name, mobile number, and employment type.
- Select the type of loan you want to apply for.
- Generate an OTP and submit it to verify your mobile number.
- Once verified, provide details like monthly income, loan amount, and property status (if applicable).
- Enter additional details, such as your date of birth, PAN number, and occupation-related information.
- Click 'SUBMIT' to finalize your application.
That’s all! A representative will connect with you soon to assist with the next steps.
Home loan in different cities
Popular calculators for your financial calculations
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Apply for a home loan in different cities
Home loan options for different budgets
Important links: What is Home Loan | Home Loan Eligibility Criteria | Documents Required for Home Loan | Home Loan Balance Transfer | Joint Home Loan | Home Loan Tax Benefits | Home Loan Subsidy | Housing Loan Top Up | Rural Home Loans | Home Loan Process | Down Payment for Home Loan | Pre-approved Home Loan | Rural Home Loan | Home Loan Tenure
Frequently asked questions
Bajaj Finserv offers home loans in Delhi at competitive interest rates, starting from around 7.45%* p.a. The final rate you receive depends on factors such as your credit profile, employment status, income, and repayment capacity. Applicants with a strong credit score and stable income are more likely to secure better terms. Check your eligibility beforehand to ensure you know the exact rate applicable to your loan. Enter your mobile number and OTP to find out more.
For a Rs. 20 lakh home loan from Bajaj Finserv, the EMI depends on both the tenure and interest rate chosen. For example, with an interest rate of 8.50% per annum, the EMI for a 10-year tenure is higher, while a 20-year or 30-year tenure reduces the monthly outflow but increases overall interest costs. To know the precise amount, you can use Bajaj Finserv’s online home loan EMI calculator.
If your monthly salary is Rs. 60,000, Bajaj Finserv may approve a home loan ranging from approximately Rs. 25 lakh to Rs. 45 lakh, depending on your financial profile. Key factors include your credit score, age, repayment history, and existing EMIs. Generally, lenders assess affordability by ensuring the EMI does not exceed 50–60% of your net monthly income. Using the Bajaj Finserv eligibility calculator helps get an accurate figure.
With a salary of Rs. 70,000 per month, you could qualify for a Bajaj Finserv home loan of about Rs. 30 lakh to Rs. 55 lakh, depending on your repayment capacity and financial commitments. Your credit score, job stability, and Check your eligibility now to how much you qualify for. Simply enter your mobile number and OTP to know more.
To comfortably secure a Rs. 30 lakh home loan from Bajaj Finserv, a monthly salary of around Rs. 65,000 to Rs. 75,000 is generally recommended. However, the exact requirement depends on your creditworthiness, repayment history, and other financial obligations. Bajaj Finserv evaluates applications by checking your income-to-obligation ratio to ensure repayment remains manageable. Applicants with higher credit scores and stable employment stand a better chance of approval.
For a Rs. 70 lakh home loan with Bajaj Finserv, the EMI depends on the chosen tenure and interest rate. At an approximate rate of 7.45% per annum, the EMI could range from around Rs. 51,500 for a tenure of 25 years to nearly Rs. 83,000 for a shorter term of 10 years. Using Bajaj Finserv’s home loan EMI calculator helps you compare different tenure options and select a repayment plan that suits your budget.
Bajaj Finserv app for all your financial needs and goals
Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.
You can use the Bajaj Finserv App to:
- Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
- Invest in fixed deposits and mutual funds on the app.
- Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
- Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
- Apply for Insta EMI Card and get a pre-qualified limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
- Shop from over 100+ brand partners that offer a diverse range of products and services.
- Use specialised tools like EMI calculators, SIP Calculators
- Check your credit score, download loan statements and even get quick customer support—all on the app.
Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.
Frequently asked questions
The processing time for a housing loan in Delhi typically ranges from a few days to a couple of weeks, depending on the lender's requirements and the completeness of your documentation. With Bajaj Finance you loan application can be approved within 48 Hours*, and in some cases, even sooner.
The maximum repayment period for home loans with Bajaj Finance can extend up to 32 years.
The minimum income requirement for a home loan in Delhi varies by lender. Self-employed applicants need consistent business income. Lenders assess income to ensure repayment capacity before approving the loan.
A credit score of 725 or above is generally required for home loan approval in Delhi. A higher score improves your chances of approval and helps secure better interest rates.
Yes, most lenders allow prepayment of home loans in Delhi without penalties, especially for floating-rate loans. Always check specific lender terms.
