Overview about home loan
The city of Baramati is a well-known industrial town in Maharashtra. This city houses manufacturing units from textile, automobile and food processing. Agriculture is another sector that contributes to the economy of this city.
Hence, if you are planning to purchase a property in this city you can apply for a home loan in Baramati with Bajaj Finserv.
Features & benefits of home loan in Baramati
Bajaj Finserv is registered to provide the benefits of Pradhan Mantri Awas Yojana. Thus, you can enjoy interest subsidy and get a lower home loan interest rate by applying for a loan under this plan.
Longer repayment tenor
Home loans from Bajaj Finserv come with a repayment tenor of up to 30 years. You can estimate the EMIs using a housing loan emi calculator and arrive upon a suitable repayment tenor that matches your repayment capacity.
Foreclosure and prepayment facilities
You can now make part-prepayments on your housing loan or foreclose it without any additional charges.
Obtaining a home loan in Baramati has become simpler as it requires only a few basic documents to apply.
High-value top-up loan
The top-up loan offered by Bajaj Finserv allows you to pay for an array of additional financial requirements without restrictions.
Home loan balance transfer
Transfer your existing home loan without any difficulties and enjoy attractive home loan rates in Baramati.
Online account management
You can now stay updated with the loan account information using Bajaj Finserv customer portal – Experia.
Home loan interest rate, fees & charges
A home loan from Bajaj Finserv comes with affordable home loan interest rates. In addition, we do not impose any hidden charges. Click here to know more about these charges.
An affordable housing loan interest rate structure paired with income tax benefits will help you save substantially on loan repayments.
Home loan eligibility criteria
23-62 years** for salaried individuals and 25-70 years** for self-employed individuals.
Minimum 3 years of work experience for salaried individuals and 5 years of business continuity for self-employed applicants.
Depends on your city of residence
Only residing Indians
To determine how much money you can borrow, consider using a home loan eligibility calculator.
**Maximum age considered at the time of loan maturity.
Documents required for home loan
Besides, you need to submit the following documents to get a housing loan in Baramati:
- KYC documents
- Identity and address proof
- Current salary slips or Form 16
- Bank account statement of last 6 months
- Business documents indicating 5 years continuity for self-employed individuals
We may ask you to submit a few additional documents, if needed.
How to apply for a home loan?
Simply follow these steps to apply for a home loan in Baramati:
- 1 Duly fill the application form with needed professional and personal information, and enter property details.
- 2 You can then book an available offer by submitting the required fee online. A company executive will then get in touch with you for additional processing.
- 3 Provide the required documents for housing loans to check the authenticity of your application.
Make sure to check your pre-approved offer while applying for a home loan. These offers are structured to simplify the application process. You can check your pre-approved offer within a few seconds by entering a few basic details.