Vizag is the financial capital of Andhra Pradesh and its most populous city with 20,35,922 inhabitants. One of the biggest contributors to Vizag’s economy is the tourism industry. Also, the Visakhapatnam Port ranks as India’s 5th largest cargo port. Apart from these, various multi-national and national IT firms and fintech companies are operating in the city.
Avail a high-value home loan in Vizag of up to Rs.3.5 crore and expend in the best property without any woes. Below are the features and advantages.
Apply for a housing loan under the PMAY scheme and pay a significantly lower interest rate of 6.75%*. These concessional rates offered under Pradhan Mantri Awas Yojana can save you up to Rs.2.67 lakh on the payable interests. Adult earning members are eligible to buy their house with a loan, even if their parents own residential properties.
No more paying high interest rates. Opt for the Bajaj Finserv Home Loan Balance Transfer and bring down your monthly outflows considerably. Avail top-up loans to address your additional requirements.
Borrowers availing home loan balance transfer facility can avail top up loan up to Rs.50 lakh, with no extra documents.
Close your home loan in Vizag at no charges. Avail the foreclosure or part prepayment benefits without any hassle.
Tenors up to 240 months make repayment of home loans much easier for borrowers.
Bajaj Finserv requires a few basic documents to make the application process faster.
Home loan eligibility criteria set by Bajaj Finserv are easy to qualify.
|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|
|Types of rates||Charges applicable|
|Promotional home loan interest rate (for salaried applicants)||Starting from 6.75%*|
|Rate of interest (for self-employed)||6.75%* to 10.30%|
|Rate of interest (for salaried)||6.75%* 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%|
The method to apply for a home loan in Visakhapatnam online are:
Step 1: Access Bajaj Finserv online for the loan application form.
Step 2: Enter accurate information when filling up the application.
Step 3: Pay the secure fee.
Step 4: Upload the copies of the documents online.
For the offline method, write an SMS as 'HLCI' and send it to 9773633633.
The current lowest interest rate on housing loan in Vizag by bajaj finserv for salaried customers is 6.75%*.
You can get a home loan in Vizag anywhere between Rs.20 Lakh and Rs.3.5 Crore* from Bajaj Finserv.
You can apply online for a housing loan in Vizag with minimum documentation & instant approval by filling an online home loan application form at Bajaj Finserv.
The minimum monthly salary to apply for a home loan in Vizag is ₹ 25,000. However, The income criteria to get a home loan depend on many factors such as your salary, current age, credit score, and other monthly financial obligations.
New and existing customers can contact with Bajaj Finserv customer care for all queries related to our home loans.
1. For new customers,