Do you want to own your dream home? Then, all you need is the right financial support. With a Home Loan, you can purchase the house of your dreams in a hassle-free way. Most of the banks and NBFCs offer Home Loan today at competitive interest rates. Other benefits include online application process, longer and flexible repayment tenure to pay the loan in easy EMIs, top-up facility etc.
How To Apply For Home Loan Online
Applying for a Home Loan online is very simple and convenient. Here’s how:
Requirement for Home Loan Application
To avail a Home Loan, you must fulfill the eligibility criteria and submit the required documents.
Eligibility Criteria:
Documents Required:
If you are a salaried employee:
If you are self-employed:
Why Finserv MARKETS
With Finserv MARKETS, you can apply for a Home Loan and own your dream home! You can avail benefits such as additional Home Loan Top-up on your existing Home Loan amount and much more! You can also reduce your current Home Loan EMI by using the Home Loan Balance Transfer facility. Here are some benefits of choosing Finserv MARKETS for your Home Loan.
Get your online Home Loan approved without any hassles.
Avail the best Home Loan offers hassle-free, without tedious paperwork.
No hidden charges, just 100% transparency – you can rest assured.
Get tailor-made Home Loans crafted to suit your requirements.
Finserv MARKETS has the trust of over 100 million customers across the country. We would like you to be the part of our family.
Our Partners:
The dream of owning a home now ends. The Bajaj Housing Finance Limited provides Home Loans at attractive interest rates. From smooth online process to instant approvals, the loan helps you fulfill your requirements without any difficulty.
Bajaj Housing Finance Limited
Interest Rate
7.75% p.a. to 10% p.a.
Bajaj Housing Finance Limited
Associated Charges
Processing Fees: Up to 0.35% of the loan amount plus applicable charges
Bajaj Housing Finance Limited
Repayment tenure
Up to 360 months
Bajaj Housing Finance Limited
Eligibility Criteria
Bajaj Housing Finance Limited
Documents Required
What is the maximum home loan that I can obtain?
You can obtain a Home Loan of up to Rs. 10 crores, basis the bank/NBFC you choose for your Home Loan.
Can I get an approval for a home loan while I decide which property I should purchase?
Yes, you can apply for a pre-approved Home Loan while you decide on the property. It depends on your credit profile and income.
When does my Home Loan EMIs start?
It usually begins in the month subsequent to the month in which your loan was disbursed.
How is Equated Monthly Instalment (EMI) of Home Loan calculated?
EMI on Home Loan is calculated through the following formula:
EMI = [P x R x (1+R)^N]/[(1+R)^N-1]
where,
EMI : Equated Monthly Instalment
P: Principal amount (amount borrowed as loan)
R: Applicable rate of interest (interest rate should be on a monthly basis)
N: Loan tenure or the number of EMIs to be paid (tenure should be in months)
What is Home Loan Sanction letter?
A Home Loan Sanction letter is a document, and a proof that the applicant is eligible to a certain amount of loan from the bank/NBFC.
What is Pradhan Mantri Awas Yojana (PMAY)?
The Pradhan Mantri Awas Yojana scheme was introduced by the Government of India in order to provide affordable housing to the economically weaker sections of the society and people belonging to the lower and middle income groups.
What does the PMAY scheme focus on?
It focuses on affordable housing for all, especially for the country’s economically weaker sections, by 2022.
What are the eligibility criteria for the PMAY scheme?
The following are the eligibility criteria for the PMAY scheme: The individual and his/her family should not own any brick and mortar house under their name or any other family member’s name. Any person currently owing a house cannot apply for this scheme. The income of the beneficiary must be between Rs. 3 Lakhs to Rs. 18 Lakhs.