Home Loan in Navsari

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.

Home Loan in Navsari: Features and Benefits 

Below are some vital features and benefits you enjoy when you avail of a home loan with Bajaj Finserv:

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  Competitive interest rate

  When you avail of a home loan in Navsari with Bajaj Finserv, you enjoy a competitive interest rate of 6.75%*. This is the lowest ever home loan interest rate you can find around today. Your home loan EMI can be as low as Rs.649* per lakh.

• 

  Huge home loan amount

  You can get a home loan of a sizable amount of up to Rs.5 Cr or even higher, depending on your eligibility.

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  Long repayment tenor

  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.

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  Hassle-free Process

  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.

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  Customized repayment options

  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 7.20%* p.a. 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.

Criteria	Salaried	Self-Employed Applicants
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.

Verification Type	Document
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 Agreement Copy Approved project plan/MAP TAX receipt
Existing Loan	Sanction letter Statement of Account (SOA) Foreclosure letter

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.

Step 1: Visit the home loan page on our website and fill out the home loan application form.

Step 2: Enter your full name, mobile number, PIN code, and occupation type.

Step 3: Validate your one-time password (OTP).

Step 4: Enter your date of birth, PAN number, income, and other details.

After successfully submitting your application, our representative will get in touch with you within 24 hours and explain the next steps. Alternatively, you can also walk into any of Bajaj Finserv’s branches around India, where our representatives can guide you through the process.

If you’re looking to get a home loan that will cater to your needs and enable you to become a homeowner in a short time, then Bajaj Finserv’s home loan offering is the home loan option to choose. Get started with our application process here today.