✓ Home Loan from ₹2 Lakhs To ₹15 Cr ✓ Multiple Lending Partners ✓ Interest Rates Starting @ 8.50%

You can avail a home loan in Ahmedabad starting at an interest rate of just 8.60% per annum. You can additionally repay it over 30 years. On top of that, if you need more money than what you have borrowed, you can even avail a balance top-up facility. This article will tell you everything you need to know about home loans in Ahmedabad.

Compare Home Loan Interest Rate Offered by Various Banks & HFCs in Ahmedabad

Below is a list of the current housing loan interest rates and charges for all leading banks in Ahmedabad:


Interest Rate Range (per annum)

Home First Finance Company (HFFC) Limited


Bajaj Housing Finance Limited

8.60% - 9.00%

PNB Housing Finance

8.50% - 8.55%

Union Bank of India Limited

8.60% - 8.60%


8.75% - 8.75%


Check house loan interest rate in detail

Features and Benefits of Home Loans in Ahmedabad

The features and benefits of home loans in Ahmedabad are:

  • You can avail a home loan in Ahmedabad at an interest rate starting at just 8.60% per annum.

  • Repayment tenures for home loans in Ahmedabad can be as high as 30 years.

  • Up to 90% of the property value can be availed as a home loan in Ahmedabad by you.

  • If you want to pay off your home loan at a lower interest rate, you can even avail a balance transfer facility offered by other lenders as well.

  • As an existing borrower of a home loan, you can even avail a home loan top up of up to ₹1 crore on your borrowed amount. Note that the same will depend on the amount you borrowed initially.

  • You can also make use of the home loan overdraft facility as an existing borrower.

  • You can even prepay your home loan either partially or fully at no extra cost, provided your interest rate is calculated as per the floating interest rate system.

Top Home Loan Providers in Ahmedabad

Some of the most well-known home loan providers which have set up operations in Ahmedabad are:

Home Loan Lender Name


Contact Information

Bajaj Housing Finance Limited

2HCC+XH9, Swami Vivekananda Rd, Narolgam, Ellisbridge, Ahmedabad, Gujarat 380006

098049 35724

PNB Housing Finance Limited

2nd Floor, Megha House, Mithakhali Six Road, opp. Kotak Bank, Ahmedabad, Gujarat 380006

079 2647 4900

Union Bank of India

2H58+HQG, Kashitij, Jay Museum, Bhiku Road, Rajnagar Society, Paldi, Ahmedabad, Gujarat 380007

079 2658 7838


Shukan Business Centre, Chimanlal Girdharlal Rd, near Farideal House, Ahmedabad, Gujarat 380009

079 3366 7777

Home First Finance Company

Tirthjal Complex, HFFC, Shop 1, opposite ICICI Bank, near Shivranjani Cross Road, Ahmedabad, Gujarat 380015

080004 10819


What is the Eligibility Criteria for a Home Loan in Ahmedabad?

The eligibility criteria for getting a home loan in Ahmedabad is as follows:

Employment status

Salaried or a self-employed individual.


Either an Indian resident or a person of Indian origin (PIO).

Minimum age criteria


Credit score criteria

750 or above

Work Experience

As a salaried applicant, you must have worked with a reputed company for 3 years.

As a self-employed applicant, on the other hand, you must have 3 years worth of business experience.


You can calculate your home loan eligibility with the home loan eligibility calculator available at Bajaj Markets

Documents Required for a Home Loan in Ahmedabad

To get a home loan in Ahmedabad, you will need the following documents:

For Salaried Professionals

  • KYC documents: PAN Card/Passport/Voter ID/Aadhaar Card/Driving Licence.

  • Income Proof: Salary slips going back 3 months/Bank account statements for the past 6 months with salary credits/Income Tax Returns/The latest copy of your Form-16 from your employer.

  • Property documents: Deed of sale/Your Completion Certificate/Your Occupancy Certificate.

  • A cheque (For the payment of your one-time processing fee).

  • Your employment contract.

For Self-Employed Professionals

  • Your proof of income such as your Income Tax Returns of the past 3 years

  • Your balance sheet and P/L account statements going back 3 years

  • Your savings account statements of the past 3 years and the current account statements of the business entity.

  • The latest copy of your Form 26AS.

  • Your company’s Memorandum of Association (MoA) and Article of Association (AoA).

3 Best Locations to Buy Property in Ahmedabad

Some of the best locales in Ahmedabad where you buy a property are as follows:

  • Prahlad Nagar: Known as the hub of corporate parks, the locale of Prahlad Nagar is a mix of corporate as well as residential establishments. One of the main highlights of Prahlad Nagar is that over the past few years, it has emerged as the financial and business hub of Ahmedabad due to the proliferation of business parks in that area.

  • Central Ahmedabad: Central Ahmedabad is home to some of the most well-known localities such as the Chimanlal Girdharlal Road, Ambewadi and Law Garden. One thing that makes Central Ahmedabad stand out from other entries on this list is the sheer number of shopping malls, cafes, eateries, recreational areas and historical landmarks. This particular area is full of multi-storied apartments which are ready for possession.

  • Science City Road: This locale hosts some of the most plush, expensive and expansive properties one may find in the city. Another highlight of the Science City Road locale is that you can find properties such as independent villas and houses as well and that too at a fraction of the price you would have to pay for a similar kind of property in a city like Mumbai or Delhi.

Things to Consider While Buying a Home in Ahmedabad

  • Know what you want: Do you want a place from which you want to be able to commute sans any hassles? Or, do you want to be close to hospitals, schools, night clubs or shopping malls? Or, are you looking for a house that your family could call a home? Or, are you looking for a place just for yourself? Once you have all or a majority of the answers for these questions, go for a property that will suit you best.

  • Locality: Ensure that the locality that you plan on buying a house in has everything that you will need. Additionally, make sure that it is populated with the kind of people you want to be around.

  • Security: Your safety and security, and also that of your own, should be your utmost priority. Which is why you should think about buying a home that comes with alarm systems, security cameras, smoke detectors and is guarded by round-the-clock-security personnel.

  • Legal clearances: Most importantly, ensure that the building has all the necessary legal clearances from relevant local authorities. This essentially means that you must check for your Encumbrance Certificate, your Occupancy Certificate and all other safety-related permits granted by the local authorities. Additionally, you must check if there are any disputes over the property.

Government Housing Schemes in Ahmedabad

The Affordable Housing Mission: This housing scheme, which is abbreviated as the AHM scheme, was set up with the intention of making Ahmedabad ‘slum-free’ by providing homes to the people belonging in the Middle Income Group, Lower Income Group and High Income Group categories. Since inception, the state government has provided lakhs of homes to the people who are a part of the economically underserved sections of the society.

Home Loans in Ahmedabad FAQs

✔️How is EMI calculated for a home loan in Ahmedabad?

EMI for a home loan in Ahmedabad = [P x r x (1 + r) ^n] / [(1 + r) ^(n-1)]


‘P’ stands for the principal loan amount borrowed

‘R’ stands for the rate of interest, and

‘N’ stands for the loan repayment tenure (Expressed in months).

Or, you can use the Home Loan EMI calculator tool which is available on Bajaj MARKETS to compute your home loan EMI within seconds.

✔️How to apply for a home loan in Ahmedabad?

You can apply for a housing loan in Ahmedabad through Bajaj MARKETS itself. Just help yourself to the portal and click on the ‘Apply Now’ button on the Home Loan page after. Next, you must simply share your basic personal information, details related to the property and then submit the required documents. Finally, you must undergo a verification process. Once your application is approved and documents are verified, just wait for a customer service representative to get in touch with you to take things forward.

✔️What is the lowest interest rate on a home loan in Ahmedabad?

The lowest rate at which you can avail a home loan in Ahmedabad is 6.60% p.a.

✔️How long does it take to get a home loan in Ahmedabad?

It could take approximately two weeks to get a home loan in Ahmedabad. The time taken will depend on the validity of the documents, the principal loan amount and your overall repayment capacity.

✔️What is the minimum income requirement to get a home loan in Ahmedabad?

You must earn a minimum of ₹22,000 a month to get a home loan in Ahmedabad.