Home loan overview
Suratgarh is a city in the Ganganagar district of Rajasthan. The city is best known for its tourist spots, and its economy primarily depends on its defence and thermal power sector. The cement manufacturing units also play a significant part in its economy.
If you have been thinking about purchasing a property in this city, you can get a home loan in Suratgarh from Bajaj Finserv against an affordable interest rate.
Features of home loan in Suratgarh
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Requires basic documentation
Obtain a home loan from Bajaj Finserv by submitting a few basic documents.
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Prepayment and foreclosure facility
Bajaj Finserv extend prepayment and foreclosure facilities for easier repayment of loans. Also, they do not entail any additional charges if you have a home loan with a floating interest rate.
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Transfer the loan balance easily
The home loan balance transfer facility with Bajaj Finserv allows you to secure a lower home loan interest rate and get additional benefits.
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Get a top-up loan
You can now get a top-up loan on top of your existing housing loan without submitting additional documents. Moreover, the funds have no end-use restrictions allowing you to meet an array of financial commitments.
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Longer repayment period
With Bajaj Finserv, you get a loan repayment period of up to 30 years. You can also estimate the monthly installments using a home loan EMI calculator and then select a repayment tenor accordingly.
Home loan interest rate, fees & charges
The home loan interest rate levied by Bajaj Finserv is competitive. It starts from 8.25%* p.a p.a. for both salaried and self-employed individuals. Additionally, housing loans with Bajaj Finserv do not entail any hidden charges. You can click here to learn about these fees and charges.
An affordable home loan interest rate paired with the income tax benefits enables individuals to make notable savings on home loan repayment.
Home loan eligibility criteria
The home loan eligibility criteria set by Bajaj Finserv is simple and easy to meet. Here are the particulars:
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Age
25-70 years** for self-employed individuals and 23-62 years** for salaried individuals
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Work experience
At least 5 years of business continuity for self-employed applicants and 3 years of work experience for salaried individuals
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Monthly income
Depends on your city of residence
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Citizenship
Indian citizens
**Maximum age to be considered at the time of loan maturity.
Documents required for home loan
You need to submit the following set of documents to get a housing loan:
- KYC documents
- Address and Identity proof
- Latest salary slip or Form 16
- Bank account statement of prior 6 months
- Business papers indicating 5 years continuity for self-employed individuals
How to apply for a home loan?
Apply for a Bajaj Finserv Home Loan by following the steps mentioned below:
- 1 Fill up the loan application form with required personal and professional information and enter the information of the property
- 2 Following that, you can book a home loan offer by paying the needed fee online. An executive of Bajaj Finserv will then get in touch with you to complete the remaining process
- 3 After that, submit the scanned copies of documents required for home loan. It will help to validate your loan application
Stay informed about the essential documents beforehand and keep them handy for a hassle-free home loan application procedure.
