Home Loan in Ahmedabad

In Ahmedabad, you can apply for a home loan of up to Rs. 15 Crore* from Bajaj Finserv, depending on your eligibility and financial profile. The final loan amount is determined by factors such as your income, repayment capacity, and credit history. Lenders assess these details carefully to decide how much financing they can extend. This allows borrowers to fund a wide range of property purchases, from modest flats to larger homes. Want to know how you qualify? Check your home loan offers from Bajaj Finserv by entering your mobile number and OTP.

In Ahmedabad, the loan-to-value (LTV) ratio generally ranges from 85% to 90%. This means lenders can finance up to 90% of the property’s cost, with the remaining balance to be paid by you as a down payment. The exact percentage offered depends on the type of property, its location, and your overall profile. Having clarity about the LTV helps you plan your budget before applying.

Yes, taking a home loan in Ahmedabad provides tax-saving advantages under the Income Tax Act. You can claim up to Rs. 1.5 lakh on the principal repayment under Section 80C, and up to Rs. 2 lakh on the interest paid under Section 24(b). These deductions lower your overall tax burden, making it easier to manage your finances while repaying the loan. Both salaried and self-employed individuals can avail these benefits.

The approval process for a home loan in Ahmedabad is usually completed within 15 days, provided all required documents are submitted accurately. Banks first verify your personal, financial, and property details before granting approval. Any delay in document submission or discrepancies in information can extend the timeline. Ensuring that everything is filed correctly at the outset helps you enjoy a smoother and faster approval process.

To secure a home loan in Ahmedabad, start by submitting your application along with the processing fee. Next, provide all required documents for verification. Once approved, you’ll receive a sanction letter confirming the loan details. Following this, the bank carries out property checks and legal verifications. The loan amount is then disbursed once all steps are completed successfully. This systematic process ensures transparency and security for both the borrower and lender.

Ready to start this straightforward process? With Bajaj Finserv, you get expert guidance at every step plus approval in just 48 hours*. Check your home loan offers from Bajaj Finserv today. You may already be eligible, find out by entering your mobile number and OTP.