Affordable home loan in Bangalore
Bangalore, often called the tech capital of India, has gained recognition as the ‘Silicon Valley of India’ thanks to its booming IT sector. It is home to major technology firms, top universities, renowned hospitals, and a well-developed urban setup. The city’s mix of professional opportunities and modern living standards makes it a popular choice for working professionals and families alike.
With its growing infrastructure, open-minded culture, and year-round pleasant weather, Bangalore has become one of the most desirable cities to settle down in. These factors have led to a steady rise in demand for residential property. As a result, many individuals and families are now considering taking a home loan in Bangalore to buy their dream home in this fast-developing city.
If you plan to purchase a property in Bangalore, a home loan from Bajaj Finserv can be a viable borrowing option. We offer some unique features that help repay the loan comfortably. The minimal borrowing cost enables you to continue other liabilities with ease.
Apply for a home loan in Bangalore from Bajaj Finserv online. You can avail of the loan at an interest rate starting from 7.49%* p.a and repay your loan over a tenure of up to 32 years. Check your eligibility today and discover how much you can borrow. You may already be eligible, find out by entering your mobile number and OTP.
Features and benefits of a home loan in Bangalore
Applicants interested in availing a housing loan in Bangalore can read more to know about the features of the Bajaj Finserv Home Loan.
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Reasonable rate of interest
Starting from 7.49%* p.a, Bajaj Finserv offers applicants an affordable home loan option to fit their finances.
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Speedy disbursal
No more long waits for loan amounts with Bajaj Finserv. Find your sanction amount in your bank account in just 48* hours from approval.
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Ample sanction amount
Bajaj Finserv provides loan amounts as much as Rs. 15 Crore* to eligible candidates, to boost your home buying journeys.
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5000+ project approved
Find over 5000+ choices in approved projects and enjoy better home loan terms from Bajaj Finserv.
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External benchmark linked loans
By opting for the Bajaj Finserv Home Loan linked to an external benchmark, applicants can enjoy reduced EMIs along with favourable market conditions.
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Digital monitoring
Now keep a close eye on all your loan developments and EMI schedules through the Bajaj Finserv online platform.
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Flexible loan tenure
The Bajaj Finserv home loan tenure stretches up to 32 years allowing borrowers a buffer period to plan out their EMI payments.
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Zero contact loans
Experience a truly remote home loan application from anywhere in India by applying Bajaj Finserv online home loans and getting an easy approval.
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No prepayment and foreclosure charge
Bajaj Finserv allows you to foreclose the loan or make part-prepayments at no extra costs or prepayment penalty – making way for maximum savings.
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Loan subsidies
Avail of the loan subsidies offered under the PMAY scheme, with Bajaj Finserv. Approach us for updated terms and best home loan deals.
Ready to take advantage of these excellent home loan features for your Bangalore property purchase? Understanding your loan eligibility is the first step towards securing your dream home in India's Silicon Valley. Get instant clarity on your borrowing capacity with Bajaj Finserv. Check your home loan offers now and see how these benefits can work for your specific financial situation. You may already be eligible, find out by entering your mobile number and OTP.
Eligibility criteria for home loan in Bangalore
Criteria | Self-employed | Salaried | Doctors |
Age (in years) | 23 years to 70 years* |
23 years to 67 years* |
23 years to 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 Bangalore
- 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
Do you meet these eligibility requirements for a home loan in Bangalore? Meeting the basic criteria is just the beginning of your home buying journey. With Bajaj Finserv, qualified applicants can access loans up to Rs. 15 Crore* with flexible repayment options up to 32 years. Check your eligibility instantly to see exactly how much you can borrow for your Bangalore property. You may already be eligible, find out by entering your mobile number and OTP.
Home loan interest rate in Bangalore
Both self-employed and salaried individuals can avail the most competitive home loan interest rates. Check out other applicable fees and charges before applying.
Applicant type |
Home loan interest rates in Bangalore |
Salaried applicant |
Starting at 7.49%* p.a |
Self-employed applicant |
Starting at 7.85%* p.a. |
These competitive interest rates make home ownership in Bangalore more affordable than ever. Whether you are a salaried professional or run your own business, securing the right loan terms can save you lakhs over your loan tenure. Take the next step towards your Bangalore home purchase with a home loan from Bajaj Finserv that offers transparent pricing and no hidden charges. Check your loan offers today to see the exact rates available for your profile. You may already be eligible, find out by entering your mobile number and OTP.
Home loan in different cities
Popular calculators for your financial calculations
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
Home loan in Bangalore FAQs
The current lowest interest rate on housing loan in Bangalore by bajaj finserv for salaried customers is 7.49%* p.a
You can get a home loan in Bangalore, as high as Rs. 15 Crore* for Bajaj Finserv.
You can apply online for a housing loan in Bangalore with minimum documentation & instant approval by submitting an online home loan application at Bajaj Finserv.
The minimum monthly salary to apply for a home loan in Bangalore is Rs. 25,000. However, The income criteria to get a home loan depend on many factors such as your salary, current age, credit score, and other monthly financial obligations.
With Bajaj Housing Finance Home Loan, you can get repayment tenure of up to 32 years, depending on the your eligibility and financial profile. This extended tenure ensures manageable EMIs, allowing you to plan their finances effectively.
Yes, most lenders allow prepayment for home loans in Bangalore. Borrowers can make part or full prepayments to reduce their outstanding loan amount, interest burden, or tenure.
Yes, home loans for under-construction properties in Bangalore are available. Lenders disburse the loan in stages based on the construction progress. Ensure the builder and project are approved by the lender for a smooth process.
The timeline for getting a home loan from Bajaj Finserv in Bangalore is generally swift if all documents are in order. After submitting your application and required documents, a representative typically contacts you within 24 hours. The overall process, including document verification and approval, can take a few days to a couple of weeks, depending on the case complexity and document readiness.
Key documents include: KYC documents (identity and address proof), income proof (salary slips or P&L statement), business proof for self-employed applicants, and account statements (last 6 months), passport-sized photos, and property documents like sale deed and title deed. Additional documents may be requested during processing.
For salaried individuals, the minimum age to apply is 23 years, and the maximum is 67 years at the time of loan maturity. This wide age range allows both young professionals and senior applicants to avail of home loans, provided other eligibility criteria are met.
Yes, you can apply for a home loan from Bajaj Finserv in Bangalore with a salary of Rs. 40,000. Eligibility also depends on factors such as age, employment stability, credit score, existing liabilities, and property value. A salary of Rs. 40,000 generally meets the minimum income criteria for salaried applicants in metro cities like Bangalore.
If you earn Rs. 40,000 or more monthly, you could be closer to home ownership than you think. With Bajaj Finserv, we evaluate your complete financial profile, not just your salary, to maximise your borrowing potential. Check your eligibility now to discover your exact loan amount and EMI options. You may already be eligible, find out by entering your mobile number and OTP.
Bajaj Finserv offers flexible repayment tenures for home loans, typically ranging up to 32 years. The exact tenure available to you will depend on your age, income, and loan amount. Longer tenures help reduce the EMI burden, making home ownership more accessible for a wide range of applicants.
Flexible tenure options mean you can choose EMI payments that fit comfortably within your monthly budget. With a home loan from Bajaj Finserv, you can select a repayment plan that aligns with your financial goals and income stability. Check your loan offers to see personalised tenure options and EMI calculations for your specific requirements. You may already be eligible, find out by entering your mobile number and OTP.