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Home Loan in Coimbatore

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Housing Loan in Coimbatore: Overview

Coimbatore is the 2nd largest city of Tamil Nadu, housing close to 10,50,721 people. The place is distinguished as the Manchester of South India for its far-reaching textile industry. While textile and engineering are primary industries, Coimbatore also accommodates over 25,000 small, medium as well as large industries. The fastest-growing tier-II city is a significant centre for healthcare, education and manufacturing companies.

Approach Bajaj Finserv to take the most reasonable home loan in Coimbatore. Invest in any property with fund up to Rs.3.5 crore.


Coimbatore Home Loan: Features and Benefits

  • PMAY

    Opt for home loans under the PMAY scheme to enjoy exclusive interest subsidy of up to Rs.2.67 lakh. The Pradhan Mantri Awas Yojana allows first-time homebuyers to pay an interest rate of 6.93%. Apply with Bajaj Finserv to receive attractive features and benefits on the housing loan.

  • Home Loan Balance Transfer

    Bajaj Finserv offers exclusive home loan balance transfer facility for borrowers. Move the outstanding balance and pay a lower rate of interest on your existing home loan.

  • Top-Up Loan

    Customers availing home loan transfer can also avail top up loan of high value. Up to Rs.50 lakh is available without any documentation.

  • Part-Prepayment and Foreclosure Facility

    Foreclosure your home loan in Coimbatore or part-prepay with excess funds without any fees.

  • Flexible Tenor

    Choose a repayment tenor considering your financial capability and future plans. It ranges up to 240 months.

  • Minimal Documentation

    Eligible borrowers need to provide a few documents required for a home loan.

Home Loan Eligibility Criteria

Meet all the home loan eligibility criteria and qualify for the funds easily.


Eligibility Criteria Details
Age (for salaried 23 to 62 years
Age (for self-employed) 25 to 70 years
Business vintage At least 5 years
Work experience Minimum 3 years
Nationality Indian (resident)

You can check your eligibility with our easy to use home loan eligibility calculator.

Calculate Home Loan EMI

Calculate the EMIs on your housing loan with a simple-to-use online tool. The home loan EMI calculator functions on a mathematical formula to evaluate EMIs and total cost quickly. Know the exact monetary outflow on your preferred loan amount and apply accordingly. The EMI calculator is free to use and accessible 24 x 7.

Documents Required for Home Loan

With Bajaj Finserv, minimum documents are essential to complete the processing..


  • Passport-sized photograph
  • Bank statements
  • Latest salary slips or Form 16
  • Certificate of business vintage
  • KYC documents

Additional documents are needed to provide, if and when asked for.


Home Loan Interest Rate, Fees & Charges

The charges and rates on a Bajaj Finserv Home Loan are nominal.


Types of rates Charges applicable
Promotional home loan interest rate (for salaried applicants) Starting from 8.60%
Rate of interest (for self-employed) 9.05% to 10.30%
Rate of interest (for salaried) 9.35% to 11.15%
Loan statement fees Rs. 50
Penal interest 2% per month
Processing charges (for self-employed) Up to 1.20%
Processing charges (for salaried) Up to 0.80%


How to Apply for Home Loan?

Follow the process below to apply for a home loan in Coimbatore online.

Step 1: Find the application form on our website.
Step 2: Enter the required fields with correct details.
Step 3: Pay a minimum secure fee via online method.
Step 4: Scan and submit the essential documents online.

Send an SMS ‘HLCI’ to 9773633633 to apply offline.


Contact Us

New and existing customers can contact with Bajaj Finserv customer care for all queries related to our home loans.

1. For new customers,

  • we have a calling line set up at 1800-103-3535.
  • You can also visit any of our branches.
  • just SMS “HOME” to 9773633633 and our representative shall get back to you.

2. For existing customers,

Branch Address
Bajaj Finserv
First Floor, West Ponnurangam Road,
R S Puram,
Coimbatore, Tamil Nadu
Phone: 422 304 8892


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Home Loan eligibility calculator

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Home Loan Balance Transfer

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Home Loan EMI calculator

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Home Loan Interest Rate

Check the current Home Loan
interest rates

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