Housing Loan in Rajkot: Overview
Rajkot is Gujarat’s 4th largest city which ranked 22nd among the fastest-growing cities in the world in July 2019. Being the district headquarters, various administrative offices are present here. Situated within the Saurashtra region, it is a centre for educational, commercial, political, industrial and cultural activities. One of the major contributors to the city’s development is the real estate sector.
Since home buying is a significant financial decision, Bajaj Finserv assures to offer complete assistance with a customised home loan in Rajkot. Avail up to Rs.3.5 crore along with a host of features.
Rajkot Home Loan: Features & Benefits
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PMAY Scheme
Save up to Rs.2.67 lakh on your first house with the exclusive PMAY scheme. The Pradhan Mantri Awas Yojana makes housing loans more affordable with a subsidised interest rate of 6.93%. As an adult earning member, fulfil your dream of homeownership even if either of your parents owns a property.
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Home Loan Balance Transfer
Pay lower rate of interest on your existing home with the home loan balance transfer facility. Apply with a few documents only to avail this facility. Get top-up loans of high value against no extra documents and nominal interest rate.
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Top-Up Loan
Opt for a top up loan for your personal financial requirements adequately. Avail funds up to Rs.50 lakh at 8.60% interest, and enjoy income tax benefits, unrestricted uses, foreclosure facility, etc.
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Part-Prepayment and Foreclosure Facility
Foreclose or part-prepay the home loan in Rajkot with excess funds effortlessly. Nil charges applied.
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Flexible Repayment Tenor
Home loans from Bajaj Finserv come with an extended tenor of up to 240 months. Choose the most suitable plan after assessing your capability.
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Minimal Documentation
Borrowers need to provide some necessary documents and fulfil easy home loan eligibility to apply.
Home Loan Eligibility Criteria
Read the eligibility criteria for a home loan in Rajkot before you apply.
| 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 you easy-to-use home loan EMI calculator which displays the monthly loan instalments along with other details. Calculate your housing loan EMIs in seconds to make planned financial commitments for the future. It takes inputs like loan amount, interest rate and tenor, and involves no manual calculation.
Documents Required for Home Loan
Submit the following few documents required for a home loan.
- Bank statements
- Certificate of business vintage
- Passport-sized photograph
- Latest salary slips or Form 16
- Address proof
- Identity proof
Provide extra documents if required to process the loan application.
Home Loan Interest Rate, Fees & Charges
Pay a competitive housing loan interest rate and other nominal charges with Bajaj Finserv.
| Types of rates | Charges applicable |
|---|---|
| Promotional home 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: Look for the online application form on our website.
Step 2: Fill up and submit the form online.
Step 3: Complete the secure fee payment.
Step 4: Submit the scanned documents online.
Or, SMS 'HLCI' and sent it to 9773633633 to apply offline. Our representatives shall reach you in a short time.
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
