How much home loan can I get on a 25,000 salary?

The home loan you can get depends on multiple factors like salary, property location, age of the applicant, current obligations, and likes. You can always take the assistance of a home loan eligibility calculator to check the credit amount you can avail of against your current monthly income.

Here is a table offering an overview of the home loan amount you can get against your current salary.

Net monthly income

Eligible Home loan amount*

Rs. 25,000

Rs. 20,85,328

Rs. 24,000

Rs. 20,01,915

Rs. 23,000

Rs. 19,18,502

Rs. 22,000

Rs. 18,35,089

Rs. 21,000

Rs. 17,51,676


*The home loan amount above is calculated using the Bajaj Finserv eligibility calculator. The actual loan amount varies with city, age & other factors.

Now that you know the amount of home loan on Salary of Rs. 25,000 per month, you can further increase your eligibility by adding other income sources to your total monthly income amount.

Additionally, you can also take into account the tax benefits on home loan before applying.

How to check home loan eligibility?

You can check your eligibility through an online home loan eligibility calculator. Here are the steps:

Step 1: Go to our loan eligibility calculator page.

Step 2: Enter the following information –

  • Date of birth
  • City of residence
  • Net monthly salary
  • Current EMIs or other obligations

Step 3: Provide the required information and click on ‘check your eligibility.’

Step 4: This online calculator will instantly show the loan amount you are eligible for. You can then alter these values in different tabs to get an acceptable loan offer.

Besides knowing the loan eligibility, one should also go through the list of documents necessary for this purpose.

What are the documents required for a housing loan?

Here is the list of documents that one needs to submit to avail of a home loan:

  • KYC documents
  • Income proof (salary slips, form 16, financial documents of a business)
  • Business proof stating at least 5 years of continuity
  • Bank account statement of last 6 months

What is the current interest rate on a home loan?

The current home loan interest rate offered by Bajaj Finserv starts from 8.50%* p.a.. Hence, eligible applicants can now get a housing loan at an EMI starting at just Rs. 733/lakh*.

*The Interest rates mentioned are subject to change to know the latest rate visit here.

What are the benefits of the Bajaj Finserv Home Loan?

Here are the features you can enjoy with a home loan on 25,000 monthly salary from Bajaj Finserv:

  • High loan amount

    High loan amount

    Get a loan quantum of up to Rs. 15 crore* depending on your eligibility.

  • Longer repayment tenor

    Longer repayment tenor

    A housing loan from Bajaj Finserv comes with a repayment period of up to 40 years. This makes the EMIs affordable, and repaying the credit becomes hassle-free. Additionally, you can now take the assistance of a home loan EMI calculator to find a suitable repayment tenor as per your affordability.

  • Easy balance transfer

    Easy balance transfer

    The home loan balance transfer has now become easy with Bajaj Finserv. You can also get a top-up loan of up to Rs. 1 crore*, or more, along with this facility.

  • Enjoy the PMAY benefits

    Enjoy the PMAY benefits

    Bajaj Finserv is one of the registered financial institutions to extend the benefits of PMAY. You can now avail of a home loan with an interest subsidy under the Pradhan Mantri Awas Yojana.

  • No charges on part pre-payments or foreclosure

    No charges on part pre-payments or foreclosure

    Besides your regular home loan EMIs make part-prepayments or foreclose your loan account whenever you like, and that too, without bearing any extra charges.

  • Online account management

    Online account management

    You can now use the online customer portal of Bajaj Finserv to manage your loan account after disbursal. In addition, you can pay EMIs, access loan statements, and other documents anytime and anywhere.

  • Property dossier

    Property dossier

    A property dossier offers an overview regarding the legal and financial aspects of owning a property.

How to apply for a home loan from Bajaj Finserv?

Here is a step-by-step guide on the application process of a home loan on a 25,000 monthly salary:

  1. 1 Visit the official website of Bajaj Finserv
  2. 2 Fill out the loan application form with relevant details
  3. 3 After the initial approval, submit the required documents and pay the required fees
  4. 4 Company representatives will contact you for property verification
  5. 5 After a successful document and property verification, you will get a loan sanction letter
  6. 6 After you sign the loan agreement, you will get your loan amount

How can I improve my eligibility for a home loan?

Here are some tips for you to improve your eligibility for a housing loan:

  • Maintaining a high credit score and clear repayment history
  • Adding a co-applicant
  • Mention your additional income source
  • A longer tenor can help

Get in touch with a Bajaj Finserv representative to know more about getting a home loan on 25,000 salary.