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Find out how much home loan you can borrow with a salary of ₹45,000. Explore key tips to improve your chances of loan approval today.
Max. Tenure
Lending Partners
Max. Amount
Explore home loan offers from various lenders on Bajaj Markets for a salary of ₹45,000. Select the home loan that best suits your plans and own your dream home with ease. You can get a home loan of approximately ₹25 Lakhs to ₹33 Lakhs with a salary of ₹45,000.
This range is estimated based on an assumed interest rate of 8.50% p.a. and tenure ranging from 15 to 30 years.
Assume that the interest rate is constant at 8.50% p.a. Now, let us see how the home loan amount changes when there is a change in the tenure:
Net Monthly Income |
Home Loan Amount |
|---|---|
10 years |
₹19,96,198 |
15 years |
₹25,13,355 |
20 years |
₹28,51,963 |
25 years |
₹30,73,667 |
30 years |
₹32,18,828 |
*Disclaimer: These values are an estimate and calculated using a home loan eligibility calculator. The actual amount may differ as per your eligibility and the lender’s policies.
To improve your chances of securing a loan on suitable terms, lenders assess multiple factors related to your financial stability and repayment capacity. The following measures can enhance your loan eligibility and strengthen your application:
Timely repayment of EMIs and credit card bills is essential for maintaining a healthy credit score. This directly influences the likelihood of loan approval.
A consistent employment history demonstrates financial reliability to lenders and strengthens your loan application. It also enhances the possibility of securing convenient repayment terms.
Outstanding debts need to be settled in advance to reduce your financial burden. Doing so improves your overall creditworthiness in the eyes of lenders.
Selecting a longer repayment tenure lowers your monthly EMIs. This makes the loan more manageable and provides greater financial flexibility.
Applying with a financially stable co-applicant increases total loan eligibility. It also improves the chances of securing favourable terms.
Before providing the necessary paperwork for a home loan, you need to check if you qualify. The eligibility criteria for a home loan on Bajaj Markets are as follows:
Must be a resident of India
Salaried individuals should be 23 to 62 years old, with at least 3 years of work experience
Self-employed applicants must be 25 to 70 years old and should have run a business successfully for a minimum of 5 years
Here is a list of all the documents required to secure a home loan for ₹45,000 salary:
Document Type |
Documents Required |
|---|---|
Identity Proof |
PAN Card, Aadhaar Card, Voter ID, or Driving Licence |
Address Proof |
Utility Bills, Aadhaar Card, or Passport. |
Income Proof (Salaried) |
Last 3 months’ salary slips, Form 16, ITR of previous 2 years |
Income Proof (Self-employed) |
ITR of last 2 years, audited balance sheet from CA, P&L statements (3 years), degree/professional certificates, TDS certificate, business licence |
Home loans of up to ₹15 Crores are available to help finance your dream home. The final loan amount depends on your eligibility, including income, credit profile, and property valuation.
Benefit from competitive interest rates starting from 8.50% p.a., which help reduce the overall cost of borrowing. These rates make long-term home ownership more affordable and manageable.
There are no charges on prepayment or foreclosure, allowing you to reduce your interest burden. This flexibility enables early loan closure without incurring any additional fees.
Select a repayment tenure of up to 30 years (360 months) to suit your financial planning. A longer tenure allows you to manage your EMIs with greater convenience and stability.
You can follow the steps below to apply for a home loan via Bajaj Markets:
Select the ‘Check Offers’ button on the Bajaj Markets home loan page
On the online application form, fill out your basic details
Enter your desired loan amount and preferred tenure for repayment
Complete the form submission for verification
You can secure a home loan with a ₹45,000 salary and enjoy several benefits, including low interest rates, flexible repayment options, and no charges on prepayment or foreclosure. You need to meet the eligibility criteria and submit the necessary documents to finance your dream home with ease.
You can benefit from the affordable home loan options on Bajaj Markets and begin your journey towards homeownership today.
At an interest rate of 8.50% p.a. and a maximum tenure of 30 years, you may be eligible for a home loan of approximately ₹32,18,828, resulting in monthly EMIs of around ₹24,750.
A strong credit score demonstrates financial reliability and directly influences the approval of your home loan application.
The EMI for a home loan with a monthly salary of ₹45,000 depends on the loan amount, the applicable interest rate and the tenure you choose. The higher the loan amount, the higher will be the EMI.
To qualify for a home loan, a salaried individual needs to have at least 3 years of work experience. It is also necessary to provide the required documents as proof of income and employment.
Yes, you can take a joint home loan with a ₹45,000 salary. You and your co-applicant need to meet the lender’s criteria for income, credit score, and repayment capacity.
