Home Loan on Rs. 45,000 Salary

With a monthly salary of Rs. 45,000, you could be eligible for a home loan ranging from Rs. 22.18 lakh to over Rs. 30 lakh, depending on your credit score, existing financial obligations, and the policies of different lenders. Most banks and financial institutions allow borrowers to take loans up to 60 times their net monthly income, with flexible repayment tenures often extending up to 30 years. Factors such as income stability, employment profile, and outstanding debts also play a key role in determining eligibility and interest rates.

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Home Loan

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3 min

20 October 2025

Home loan on Rs. 45,000 salary

Home loans, by nature, are high-value financial products, but their quantum varies from one borrower to another. The reasons behind that can be monthly income, age, location of a property, and the likes.

Before checking the loan eligibility, one should also consider the home loan tax benefit and plan accordingly.

How much home loan can I get on Rs. 45,000 salary?

If you are wondering what the available home loan on Rs. 45,000 salary is, you can refer to the following table for a better idea:

Net monthly income	Home loan amount**
Rs. 45,000	Rs. 37,53,591
Rs. 44,000	Rs. 36,70,178
Rs. 43,000	Rs. 35,86,765
Rs. 42,000	Rs. 35,03,352
Rs. 41,000	Rs. 34,19,939

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

You can now check your home loan eligibility using an online calculator. Here are the steps to use it:

Step 1: Visit the webpage of the home loan eligibility calculator.

Step 2: Enter the following details:

Date of birth
City of residence
Net monthly salary
Loan tenor
Additional monthly income
Current EMIs or other obligations

Step 3: Enter these details and click on ‘check your eligibility.’

Step 4: The calculator will display the loan amount you are eligible for. You can then change the values in different tabs and find a suitable loan offer.

Alongside checking the loan eligibility, one should also go through the list of documents needed for this purpose.

You can also check your eligibility for a home loan from Bajaj Finserv by entering your mobile phone number and OTP for verification.

What are the documents required for a housing loan from Bajaj Finserv?

Here are the documents 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 home loan interest rate offered by Bajaj Finserv?

The present applicable home loan interest rate from Bajaj Finserv starts at just 7.45%* p.a Resultantly, the monthly instalments also begin from as low as Rs. 684/lakh*.

A housing loan from Bajaj Finserv comes with the following benefits:

Avail of the benefits of PMAY

Pradhan Mantri Awas Yojana, the flagship housing scheme of the Indian Government, enables citizens to get interest subsidies for property purchases. Bajaj Finserv is registered to provide housing loans under this scheme.
High loan quantum

Depending on your eligibility, you can now get a home loan amount of up to Rs. 15 Crore*, basis eligibility. Moreover, you can avail of a top-up loan facility of Rs. 1 crore* or more to fund an array of financing needs.
Longer repayment period

Home loans from Bajaj Finserv come with a repayment tenor of up to 32 years. It reduces the stress of repayments by lowering the EMIs. You can now use an online home loan EMI calculator to find a loan tenor that meets your affordability.
Availability of balance transfer

With Bajaj Finserv, a home loan balance transfer is easy and borrowers can shift their loans to enjoy a lower interest rate and favourable terms.
Online loan account management

You can now access your loan account 24X7 and from anywhere. In addition, this customer portal enables you to pay the home loan EMIs, access loan-related documents, etc.
No extra charges on prepayment or foreclosure

Prepaying or foreclosing a housing loan with Bajaj Finserv does not entail any additional charges. Therefore, your total borrowing cost remains low. Check your offers today by entering your mobile phone number and verifying it with an OTP.
Property dossier

A property dossier acts as a guide through all the legal and financial aspects of owning a house.

You can apply for a housing loan with Bajaj Finserv by following the below-mentioned steps:

1 Visit the official website of Bajaj Finserv
2 Fill up the loan application form with required personal and professional details
3 After the preliminary approval, provide the required papers and pay loan-related charges
4 After that, a company representative will get in touch with you for future proceedings
5 Post successful verification of property and loan documents, you will receive the loan sanction letter
6 Then once you sign your loan agreement, you will receive the loan amount

Here are some tips to improve your eligibility for a home loan on Rs. 45,000 salary:

Adding a co-applicant can be helpful, as lenders factor in the eligibility of both applicants and determine the loan amount accordingly.
A longer tenor lowers the EMIs, which meets the repayment capacity of applicants, and improve their eligibility.
Citing every income source increase one’s accumulated monthly income and improves the repayment capability.
A respectable credit score paired with a spotless repayment history significantly enhances your loan eligibility.

To know more about a home loan on Rs. 45,000 salary, contact a representative from Bajaj Finserv. You can also check your home loan offers by entering your mobile phone number and OTP.

Helpful resources and tips for home loan borrowers

What is Home Loan	Home Loan Documents	Home Loan Sanction Letter
Home Loan Processing Fees	Joint Home Loan	Home Loan Eligibility Criteria
Home Loan Tenure	Home Loan Subsidy	Housing Loan Top Up
Rural Home Loans	Home Loan Process	Down Payment for Home Loan
Pre-approved Home Loan

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