Navsari is a rapidly developing city in Gujarat, so owning a home in Navsari is an excellent decision to make. Do you see financial capacity as an issue? There’s a solution to this. You can have your dream home with the help of a home loan in Navsari.
A home loan is a financial solution that enables individuals and entities to borrow funds for the purchase or renovation of a residential or commercial property. It is a secured loan, and the property to be purchased serves as collateral. The property ownership remains with the lender until you repay the entire sum with interest. The home loan interest rate is relatively low compared to a personal or business loan because of its secured nature.
In this article, you will learn all you need to know about home loans in Navsari.
Below are some vital features and benefits you enjoy when you avail of a home loan with Bajaj Finserv:
When you avail of a home loan in Navsari with Bajaj Finserv, you enjoy a competitive interest rate of 6.70%*. This is the lowest ever home loan interest rate you can find around today. Your home loan EMI can be as low as Rs.645* per lakh.
You can get a home loan of a sizable amount of up to Rs.5 Cr or even higher, depending on your eligibility.
Choose a longer tenor to make your equated monthly instalments (EMIs) more affordable over the years. Choose a tenor of up to 30 years and repay comfortably.
Skip the tedious branch visits and enjoy a truly hassle-free experience with a completely virtual application process. You only need to submit minimal documentation and can complete the process from the comfort of your home. Visit us, or call us home, only to sign the final loan agreement and other registration formalities.
Want to purchase a house that is in construction and pay only a part of your EMIs at the beginning? At Bajaj Finserv, you benefit from customized repayment options.
Bajaj Finserv’s home loan interest rate starts from 6.70%* for salaried and professional applicants, with no funny hidden charges. We also offer attractive rates for self-employed applicants. While the final rate applicable in your case depends on your credit profile, we have low interest rate home loan offerings for candidates of all employment types.
When applying for a home loan in Navsari, it is important to check the home loan eligibility criteria of the lender you’re considering so you can maximize your chances of approval.
|Nationality||Indian (Non-NRI)||Indian (Non-NRI)|
|Employment||Minimum 3 years of work experience, preferably with a reputed employer||Minimum 5 years of vintage in your current enterprise|
|Age||23 to 62 years||25 to 70 years|
|Business vintage||At least 5 years||23 to 62 years|
|Place of residence||Must live in one of the cities we operate in||Must live in one of the cities we operate in|
|Income||Rs.30,000 to Rs.50,000, depending on the city of residence and age||Rs.30,000 to Rs.40,000, depending on the city of residence and age|
Note: We consider the upper age limit as the age at the time of loan maturity.
Before you make your final decision to apply for a home loan in Navsari, it’s best to check the list of documents required for a home loan. This will help you streamline, as well as expedite the process.
When you apply for the Bajaj Finserv online home loan, you can simply mail these documents and avoid branch visits. However, know that we may request the originals of certain documents and may request you to visit our nearest branch to submit them in person, if need be.
|Identification and Address||Pan card
Aadhar card years
Utility bills, etc.
|Financial||Latest salary slips (3 months)
Bank statement (6 months)
ITR (2 years)
|Property||Sale Deed with Registration Receipt
Approved project plan/MAP
|Existing Loan||Sanction letter
Statement of Account (SOA)
Note: The existing loan verification type is applicable only in the case of a balance transfer. Also, apart from the documents mentioned here, other documents may be requested at the time of processing. Our representative will communicate these documents to you.
If you’re wondering how to apply for a home loan in Navsari, the below guide will walk you through our easy home loan application process.
Did you know, a good CIBIL score can help you get a better deal on loans and credit cards?