Hyderabad, the capital of Telangana, is often referred to as the ‘City of Pearls’ and the ‘City of Nizams.’ The city carries a unique blend of tradition and modernity, where centuries-old monuments and bustling bazaars stand alongside glass towers and contemporary urban spaces.
Today, Hyderabad is recognised as one of India’s fastest-growing technology hubs, drawing professionals from across the country. The IT sector, along with rapid infrastructure development, has made it a highly desirable place to live and work. With progressive government initiatives and growth across industries such as biotechnology, defence, and life sciences, the city offers strong career prospects. This thriving environment has created a high demand for housing, making home loans in Hyderabad an important financial option for many residents.
Affordable Home Loan in Hyderabad
With the perfect blend of new and old, Hyderabad is one of India's most resourceful metro cities. You can own a home in Hyderabad by applying for a home loan from Bajaj Finance.
Bajaj Finserv fulfils all your home loan requirements in Hyderabad. Finance your dream home with a Bajaj Finserv Home Loan. Get a high loan amount at competitive interest rates. We operate from two branches in Hyderabad. To start, check your home loan offers by entering your mobile number and OTP.
Visit any of them or apply online to avail of a home loan.
Bajaj Finserv home loan interest rates in Hyderabad
Bajaj Finserv offers cost-effective home loan interest rates to both salaried and self-employed borrowers. Choose between fixed and floating interest rates as per your convenience. While floating interest rates are the same for both types of borrowers, fixed interest rates vary.
Applicant type |
Home loan interest rates in Hyderabad |
Salaried applicant |
Starting at 7.45%* p.a* |
Self-employed applicant |
Starting at 7.85%* p.a.* |
*Terms and conditions apply
Features and benefits of home loan in Hyderabad
Bajaj Finserv offers various value-added features that greatly enhance your borrowing experience. Here are six that you should know of.
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Minimal paperwork
The application process for the Bajaj Finserv home loan is easy. Here are all the home loan documents you will need to begin.
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Convenient tenor
The Bajaj Finserv Home Loan can be repaid within a tenor of up to 32 years. Plan your repayment with the home loan EMI calculator.
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Prepayment facility
Make part-prepayments and repay the loan faster. Foreclose your loan with zero cost.
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Additional perks
Enjoy a top-up loan of up to Rs.1 crore over your existing home loan. This loan can be utilised for any purpose.
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Balance transfer
Refinance existing credit with a home loan balance transfer and enjoy affordable interest rates with better terms.
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PMAY
Benefit from the PMAY scheme through Bajaj Finserv. You can apply for this facility and enjoy a hassle-free borrowing experience.
Home loan eligibility criteria
Criteria |
Self-employed |
Salaried |
Age (in years) |
23 years - 70 years |
23 years - 67 years |
CIBIL Score |
725 |
725 |
Residency |
Indian |
Indian |
Monthly income |
Should show a steady source of income for at least 5 years |
|
Work experience/ business continuity (in years) |
5 years |
3 years |
Documents required for getting a home loan in Hyderabad
When you apply for a home loan in Hyderabad, lenders will ask for specific documents to confirm your identity, income, and property details. These documents allow them to check your eligibility and ensure smooth processing of your application. Below are the commonly required papers you should arrange in advance:
KYC documents – Aadhaar card, PAN card or Form 60, voter ID, driving licence, passport, or utility bills to verify identity and address.
Proof of income – Salaried professionals need to provide salary slips from the past 3 months, while self-employed applicants must show valid business or professional certificates.
Bank statements – Statements for the previous 6 months, along with income tax returns for salaried individuals or profit and loss statements for the self-employed.
Property documents – Such as the Title Deed, recent Property Tax Receipts, and the Allotment Letter.
Note: Depending on your profile, the lender may ask for additional documents during the verification stage.
Home loan in different cities
How to apply for home loan in Hyderabad
You can easily apply by following these simple steps:
- Click the 'APPLY' button on this page.
- Enter your full name, mobile number, and employment type.
- Select the loan type you'd like to apply for.
- Generate and submit the OTP to verify your phone number.
- Once verified, provide your monthly income, loan amount, and property status (if applicable).
- Fill in your date of birth, PAN number, and other relevant details based on your occupation type.
- Click 'SUBMIT' to finalize your application.
That's it! Your application has been submitted. A representative will reach out to you shortly to guide you through the next steps.
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 | Joint Home Loan | Home Loan Tax Benefits | Home Loan Subsidy | Rural Home Loans | Home Loan Process | Down Payment for Home Loan | Pre-approved Home Loan | Rural Home Loan | Home Loan Tenure
Frequently asked questions
The home loan interest rate depends on your eligibility criteria, your lender’s terms, and your repayment tenure.
You can get a home loan by applying online for a home loan from Bajaj Finance and submitting your application.
Your home loan interest rate depends on multiple factors including your lender, your eligibility criteria, and loan terms. You can get a home loan form Bajaj Finance at an interest rate starting from 7.45%* p.a depending on your elibility.
Yes, home loans in Hyderabad offer tax benefits under sections 80C and 24(b) of the Income Tax Act. You can claim a deduction of up to Rs. 1.5 lakh on principal repayment under 80C, and up to Rs. 2 lakh on interest under 24(b).
Yes, you can get a home loan in Hyderabad for renovating an old house. Ensure you meet the eligibility criteria and have a clear renovation plan.
Yes, joint home loans are available in Hyderabad. You can apply for a joint loan with a co-applicant, typically a family member, to increase your eligibility. This allows for a higher loan amount and shared responsibility for repayment.
Yes, penalties are charged for late payment of home loan EMIs in Hyderabad. The penalty amount varies by the lender, but typically, it includes a late fee or interest charge, which can increase the total outstanding loan amount.
Bajaj Finserv sets specific eligibility rules for applicants in Hyderabad. Salaried employees can apply between the ages of 23 and 67, while self-employed professionals may apply until 70. A monthly income of at least Rs. 15,000 is required, along with two years of work experience. Applicants employed in private firms should hold a Bachelor’s degree. Organisations and HUFs must have been in existence for at least three years, with a minimum annual income of Rs. 1,80,000. To know how you qualify, check your eligibility by entering your mobile phone number and OTP for verification.
To apply for a home loan with Bajaj Finserv in Hyderabad, you need to earn at least Rs. 15,000 per month. However, income alone does not determine approval. Your age, employment stability, work experience, and financial commitments are also reviewed before the loan is sanctioned. Meeting these conditions improves your chances of qualifying and helps in determining the loan amount you may be eligible to borrow.
