Housing Loan in Ghaziabad: Overview
Ghaziabad is a prominent industrial city of Uttar Pradesh, bordered by Meerut and Delhi. The planned city is the district headquarters and has a population of almost 26 lakh inhabitants. Ghaziabad is the major educational, commercial and industrial centre of western UP. The manufacturing industry largely contributes to the city’s economy with products like diesel engine, bicycles, railway coaches, heavy chains, tapestries, potteries, etc.
Bajaj Finserv offers tailored home loan in Ghaziabad to address the buying needs of individuals. Know the features and benefits below.
Ghaziabad Home Loan: Features & Benefits
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PMAY
Under the government’s Pradhan Mantri Awas Yojana, LIG, EWS and MIG, people can own their dream houses at concessional rates. Interest rate of 6.93% makes home loans affordable as borrowers can enjoy huge savings up to Rs.2.67 lakh. The PMAY scheme considers adult earning members as separate households.
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Home Loan Balance Transfer
Go for home loan balance transfer to reduce the EMIs on your existing loan with a few documents. Also, avail top-up loan for your personal or business needs.
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Top-Up Loan
Top up loan upto Rs.50 lakh come with no end-usage restriction. Utilise the funds for wedding, higher education of child, medical emergencies, home improvement, etc.
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Part-Prepayment and Foreclosure Facility
Choose to foreclose or part-prepay the home loan in Ghaziabad with nil charges.
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Flexible Tenor
With Bajaj Finserv, enjoy the flexibility to choose a feasible repayment tenor up to 240 months.
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Minimal Documentation
Bajaj Finserv makes the process faster and less complicated with minimal documentation.
Home Loan Eligibility Criteria
Easy-to-fulfil home loan eligibility criteria allow borrowers to qualify for the funds effortlessly.
| 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
Bajaj Finserv brings the online home loan EMI calculator to help borrowers know their EMIs beforehand. It calculates the total interest payable towards the loan along with the total payment based on certain loan-related details. Avail a suitable loan amount according to your financial commitments and fund your new home with no worries.
Documents Required for Home Loan
Only a few documents required for a home loan can process the application.
- Proof of address
- Proof of identity
- Updated bank account statements
- Latest salary slips or Form 16
- Proof of business existence
- Photograph
Besides, other papers may also be needed depending on individual conditions.
Home Loan Interest Rate, Fees & Charges
Home loans come with various other charges apart from the home loan interest rate. Know about the fees in details.
| Types of rates | Charges applicable |
|---|---|
| Promotional housing 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?
Step 1: Access the Bajaj Finserv online application form.
Step 2: Enter accurate information when filling up the application.
Step 3: Complete the payment of a secure fee.
Step 4: Complete the documentation by uploading the scanned copies online.
To apply offline, send an SMS 'HLCI' to 9773633633.
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,
- we are available at 020-39574151 (call charges applicable)
- You can also visit us at: https://www.bajajfinserv.in/reach-us
Branch Address
Bajaj Finserv
Unit No. 201 to 205, 2nd Floor, KM Trade Towers, H-3,
Kaushambi,
Ghaziabad, Uttar Pradesh
201010
Phone: 120 338 2100
