Home Loan on 35,000 Salary

Check How much Home Loan Can I Get on 35000 Salary

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

On a tight budget, but still wish to purchase a home of your own? This is where a home loan comes to your rescue. Given that in today’s day and age, property rates are rising by the minute, you may find it nearly implausible to purchase a home just with your savings, home loans can help you do the same via easy monthly instalments. Over the course of this article, we shall explore all facets of a home loan for a ₹35,000 salary.

How Much Home Loan Can I Get on a Salary of ₹35,000?

Currently earning ₹35,000 per month, and wondering the loan amount that you are eligible for? Listed below is the amount that a lender will sanction, for different salary ranges. Bajaj MARKETS offers a house loan eligibility calculator to help applicants find out sanctioned loan amounts according to their profile, however there are various factors like loan tenure, credit score, etc. that influence the sanctioned home loan amount.

Net monthly income

Home loan amount^











The actual amounts may vary based on factors such as age, location, and monthly income.


As a borrower, you can make use of various methods to increase the amount you can be sanctioned on your home loan eligibility for a ₹35,000 salary, which includes paying off any debt that you may already possess. This vastly improves your credit score and helps give the lender the notion that you will not default on your home loan.

What is the Current Interest Rate on a Home Loan 

If you secure a home loan via Bajaj MARKETS, you can avail of comparatively lower interest rates (starting at 7.10%), flexible repayment tenures of up to 30 years.. In addition to this, you stand to benefit from convenient eligibility criteria and can get your loan approved with minimal paperwork and documentation. You can make use of this loan for a wide range of purposes, including renovation, construction, and purchasing the home of your dreams for you and your loved ones.


Rate of Interest

Bajaj Housing Finance Limited

8.60% p.a. onwards

Union Bank of India

8.60% p.a. onwards

PNB Housing Finance Limited

8.50% p.a. onwards

LIC Housing Finance

8.65% p.a. onwards


8.75% p.a. onwards

Shubham Housing Finance

10.90% p.a. onwards

Home First Finance Company

9.50% p.a. onwards

Disclaimer- Interest rates mentioned in the above table can vary from one lending partner to the other and are subject to change.

How to Check Home Loan Eligibility?

When you apply for a home loan, there are certain conditions that you are required to fulfil. These conditions are called eligibility criteria. Fulfilling the following conditions is important, and not qualifying these may result in rejection of your home loan application. 



Age Limit for Salaried Applicants:

23 to 62 years


750 and above

Work Experience

3 years at least

Minimum Salary 




Disclaimer- Interest rates mentioned in the above table can vary from one lending partner to the other and are subject to change.

How to Check Home Loan Eligibility

Irrespective of the kind of profession you are employed in – whether you are a salaried professional or self-employed, you can view your home loan eligibility for a ₹35,000 salary by way of the Bajaj MARKETS home loan calculator, which is available on their official website. To do so, you can follow the simple steps elucidated below:

  • Step 1: When you access the page, first enter details pertaining to your current location/city of residence and then proceed by entering your date of birth.

  • Step 2: Next, fill in your monthly net income in the given field on the calculator.

  • Step 3: Proceed by clicking on the ‘Check Your Eligibility’ tab, and this will then display the loan amount you are eligible for.

Based on your varied needs and specifications, you can choose to modify the amount entered to check for different values.

Documents required for a Home Loan

The documentation you will have to present to apply for a home loan varies on the basis of your profession – that is, if you are a salaried individual or a self-employed individual.

1. For Salaried Individuals:

  • Address Proof

  • Income Proof

  • Duly filled up KYC documents

  • Form 16/last 3-6 months’ salary slips

  • Bank/Financial statement for the last six months

2. For Self-Employed Individuals:

  • Profit and Loss Account statement

  • Duly filled up KYC documents

  • Financial statement of the last six months 

  • Business’ Balance Sheet

  • Business’ GST registration certificate

Check detailed document list to avail home loan online

How to Apply for a Home Loan on Bajaj MARKETS

To apply for a housing loan on a  salary of ₹35,000, you can follow the steps mentioned below:

  • Step 1: First, access the official Bajaj MARKETS website and commence your application process.

  • Step 2: Fill in the details requested, and complete your loan application form.

  • Step 3: As per your requirement, you must then enter the amount you wish to secure as a loan and submit the same for further approval.

  • Step 4: After the first round of approval, you will have to proceed by submitting the necessary documents for further verification and scrutiny.

Factors that Affect Home Loan Eligibility

In the case of a home loan, the lender will make the decision pertaining to the approval after taking the following factors into consideration:

  • Willingness to Pay: If you approach any lender for a home loan, they will first check your credit score and your credit history, to better understand your willingness to repay the loan amount. From the lender’s perspective, they will always prefer lending to borrowers with a credible credit score of above 750, as this assures them of the limited scope of a default on the payment.

  • Borrower’s Repayment Capacity: When considering your loan application, a lender will also analyse your in-hand salary. If you have a steady salary coupled with a good credit history, there is a higher probability of your loan being sanctioned. Additionally, you can also avail lucrative rates of interest and marginal processing fees.

  • Type of Occupation: At the time of applying for a home loan, if you happen to be employed with a well-respected company, there is a higher probability of your loan being approved. This is because a steady salary implies that you will ensure the timely repayment of all the loan instalments.

  • Borrower’s Age: To be eligible for a home loan, you must be between 21 and 55 years of age. Any lender in the market has more of an inclination towards a younger applicant, as they have a longer career ahead of them – thus implying more reliable repayment prospects. 

  • Tenure: Your chances of eligibility for a home loan increase when you opt for a longer tenure, which also reduces the amount to be paid on every instalment.

  • Existing Loans: Before a lender approves your home loan, they will also factor in existing loans that you already have – personal loans, vehicle loans, and credit card debt. All these factors help lenders assess the borrower’s home loan repayment ability and probability of default.

Home Loans Based on Salaries

Of the many factors mentioned above, the most important factor that determines the amount of a home loan on a  salary  of ₹35,000 is the net salary of the borrower. Listed below are the salary pertinent home loan amounts sanctioned by most lenders:

Borrower’s Age

Net Salary per month (₹)


25,000 – 50,000


25 Years

20.85 Lakhs - 41.70 Lakhs

62.55 Lakhs

30 Years

20.85 Lakhs - 41.70 Lakhs

62.55 Lakhs

35 Years

20.85 Lakhs - 41.70 Lakhs

62.55 Lakhs

40 Years

19.78 Lakhs – 39.56 Lakhs

59.35 Lakhs

45 Years

17.77 Lakhs – 35.55 Lakhs

53.32 Lakhs

50 Years

14.63 Lakhs – 29.26 Lakhs

43.89 Lakhs

Note - The loan amounts mentioned in the table above are estimated figures and might change as per the norms and conditions of the banks and financial institutions.


Before you decide to take the plunge and purchase a home, you must make sure to conduct in-depth research of the terms and conditions offered by all lenders in the market. Each lender will factor in a wide multitude of factors before they sanction your loan. To avail of the best and most comprehensive home loans in the market, with attractive benefits and features, visit the Bajaj MARKETS website today. 

Home Loan on 35,000 FAQs

  • ✔️What percentage of salary should be a home loan amount account for?

    To ensure that EMIs should not disturb the monthly budget of an individual, it is advisable that the EMI amount should account for only 40% of the monthly salary of an individual.

  • ✔️Can I reapply for a home loan ?

    The applicants can reapply for a home loan, if their application gets rejected with the same institution as well, however they will have to carefully work on their documents and rectify the issues with the application. The applicants can also ask for guidance and support from bank executives.

  • ✔️ What loan amount can I expect on a ₹35,000 salary?

    Suppose you are 25 years of age and have no prior outstanding debts, with a monthly salary of ₹35,000, you can secure a home loan of up to ₹29 Lakhs.