Home loan in Patna from Bajaj Finserv

Patna is one of the largest cities in India. It is a prominent commercial and educational hub of Eastern India besides Kolkata.

If you plan to purchase a house in this city, apply for a home loan in Patna from Bajaj Finserv. Receive funds of up to Rs. 15 crore* at competitive interest rates.

Visit any of our 2 branches in Patna or apply for a loan online.

Features and benefits in Patna

Applicants interested in availing a housing loan in Patna can go through the products features and benefits.

  • Flexi repayment plans

    Flexi repayment plans

    Ease the repayment with a flexi home loan. Pay interest only on the sum you use.

  • 24X7 online account management

    24X7 online account management

    Manage your home loan easily with our customer portal – Experia.

  • Tenor up to 40 years

    Tenor up to 40 years

    Use a home loan EMI calculator to find the ideal tenor based on your repayment capacity.

  • Zero part-prepayment

    Zero part-prepayment

    A simplified application process clubbed with minimum documents required for a home loan makes the entire process faster.

  • No foreclosure charges

    No foreclosure charges

    Foreclose your home loan at no extra charges after you have paid your first EMI.

  • Home loan transfer facility

    Home loan transfer facility

    Transfer existing home loan balance to Bajaj Finserv, and enjoy attractive interest rates and a top-up loan.

Patna’s economy is based on agriculture, manufacturing, and trading. The local produce is processed and exported throughout the country and abroad. Textile is another prominent industry in this region. The tourism industry in Patna significant contributes to the economy as well.

Purchasing a property in Patna can be an expensive affair, but with a home loan from Bajaj Finserv, it is no longer difficult. You can apply online, meet the eligibility criteria, and get a loan amount of up to Rs. 15 crore*.

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Home loan eligibility criteria

Take a note of the eligibility criteria and documents required for a home loan in Patna from Bajaj Finserv. Check your eligibility with a home loan eligibility calculator.

Criteria

Self-employed

Salaried

Age (in years)

23 years - 70 years

23 years - 70 years

CIBIL score

725 +

725 +

Citizenship

Indian

Indian

Monthly income

Should show a steady source of income for at least 5 years

  • Under the age of 37 years: Rs. 30,000
  • 37-45 years: Rs. 40,000
  • Above 45 years: Rs. 50,000

Work experience/ business continuity (in years)

5 years

3 years


Use the online home loan EMI calculator and check the monthly instalment amount before obtaining a loan, so you make an informed decision.

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Home loan interest rate, fees, and charges

Arrange all the paperwork before applying for a home loan. Make sure you add documents related to your other sources of income to improve your eligibility.

Types of interest rates

Factors

Fixed Interest Rate

Floating Interest Rate

Interest Rate Stability

Remains constant throughout tenure

Can fluctuate with market conditions

Initial Interest Rate

Higher than prevailing market rate

Initially lower than fixed rate

Rate Changes

Does not change with market

Can change periodically

Risk and Reward

Protection from rate increases

Potential savings if rates decrease

Prepayment/Foreclosure

May have charges

Often more flexible with no charges

Loan Tenure

Often shorter

May have longer tenure options

Market Dependency

Not affected by market rates

Directly linked to market rates

Interest rates and charges

Learn the current home loan interest rates and the additional charges applicable to your home loan.

*Terms and conditions apply

Frequently asked questions

What is the maximum amount of home loan that can I get?

You can get a home loan of up to Rs. 15 crore* depending on your eligibility.

How to get the lowest interest rate on home loan in Patna?

You can avail of home loan at an interest rate starting from 8.50%* p.a.