Home loan overview
The city of Didwana is located in the Nagaur district of Rajasthan. It is famous for its tourism industry. The city is on the Northern side of Didwana Lake, connected to the rest of the country via rail and road.
You can now invest in the real estate sector in this city using a home loan in Didwana from Bajaj Finserv.
Features and benefits of home loan in Didwana
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Access additional funds through top-up loans
You can also get access to a top-up loan without submitting any extra papers and at a competitive interest rate. Also, it has no restriction on usage.
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Nominal documentation
Now, availing of a home loan has become hassle-free with Bajaj Finserv. You need to submit only a few documents to complete the application.
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Repayment flexibility
Repayment of a home loan becomes easy with an available tenor of up to 30 years. You can use a home loan EMI calculator to estimate the monthly instalments beforehand.
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Prepayment and foreclosure option
Bajaj Finserv extend different repayment options including prepayment and foreclosure facilities. It eases this loan repayment process and does not impose any extra charges if you have a home loan with a floating interest rate.
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Hassle-free balance transfer
The home loan balance transfer facility extended by Bajaj Finserv is a hassle-free one, and it allows you to secure a lower home loan interest rate along with other advantages.
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Easy management of loan account
The Bajaj Finserv online customer portal allows you to manage your loan account anytime and anywhere.
Home loan interest rate, fees & charges
The applicable housing loan interest rate with Bajaj Finserv is affordable, as it starts from just 8.25%* p.a p.a. for self-employed as well as salaried applicants. Moreover, the processing fee is also nominal. It is 0.80% for salaried borrowers and 1.20% for self-employed individuals.
Moreover, there are no hidden charges on a housing loan from Bajaj Finserv. You can know more about these charges by clicking here.
Home loan eligibility criteria
Bajaj Finserv has set lenient and easy-to-meet home loan eligibility criteria, which you should know before applying:
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Age
23-62 years** for salaried individuals and 25-70 years** for self-employed individuals
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Work experience
At least 3 years of work experience for salaried individuals and 5 years of business continuity for self-employed applicants
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Monthly income
Depends on the city you reside in
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Citizenship
Only Indian citizens
** Maximum age considered at the time of loan maturity
Documents required for home loan
Additionally, you need to submit the following documents to get a housing loan:
- KYC documents
- Identity and address proof
- Current salary slips or Form 16
- Bank account statement of last 6 months
- Business documents indicating 5 years continuity for self-employed individuals
How to apply for a home loan?
You can apply for a home loan through these steps:
- 1 Submit the loan application form with property information and professional and personal details.
- 2 After the submission of a loan application, you can book a housing loan offer by paying the required fee online. A loan manager from Bajaj Finserv will contact you to conclude the remaining process.
- 3 After that, submit the scanned copies of documents required for housing loan online to validate the loan application.
Know the home loan eligibility beforehand and try to meet these parameters to enjoy quick approval on the application.
