BAJAJ FINSERV DIRECT LIMITED
✓ Home Loan from ₹2 Lakhs to ₹15 Crores ✓ Interest Rates Starting @ 7.49%

Home Loan on ₹50000 Salary

Check what loan amount can you get on a salary of ₹50000 per month

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Max. Tenure

30 Years
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Lending Partners

10+

Max. Amount

₹15 Crores

The eligibility calculator on Bajaj Markets helps an individual calculate the eligible home loan amount. Check out the table below for the same, however, these are estimated figures which can differ for every applicant due to various factors like - CIBIL score, tenure, etc.

How Much Home Loan Can You Get on a ₹50,000 Salary?

Let’s check the loan amount you may be eligible to get with a salary of ₹50,000:

Net Monthly Income

Home Loan Amount

₹50,000

₹41,70,657

₹49,000

₹40,87,244

₹48,000

₹40,03,831

₹47,000

₹39,20,417

₹46,000

₹38,37,004

** 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.

Documents Required

Keep the following documents ready before applying for a home loan:

  • Identity Proof: Any one of the following

    • Voter ID

    • Aadhaar card

    • Driving licence

    • PAN card

  • Residential Proof: Any one of the following

    • Aadhaar card

    • Utility bills

    • Passport

  • Income Proof:

    • For Salaried Applicants: 

      • Last 3 months’ salary slips

      • ITR of the last 2 years

      • Form 16

  • For Self-employed Applicants:

    • Business licence details

    • Balance sheet audited by a certified CA

    • IT returns of the last 2 years

    • P/L statement of the last 3 years

    • TDS certificate

    • Degree/qualification certificates for professionals

How to Apply for a Home Loan Online?

On Bajaj Markets, you can apply for the required home loan with the help of these easy steps:

  • Click on the ‘CHECK OFFER’ option visible on this page

  • Submit your personal details like phone number, address, etc.

  • Provide the preferred repayment tenure and required loan amount

  • Cross-check all the details and submit the application

After this, an executive will contact you to further process your loan application.

Frequently Asked Questions

What are the home loan interest rates charged if I have a ₹50,000 salary?

If you have a salary of ₹50,000, you can get a home loan at interest rates starting from  8.50% p.a. on Bajaj Markets. However, the rate offered to you depends on your loan eligibility and the chosen lender’s policies.

Aside from your income of ₹50,000, there are several other factors which are assessed to determine whether you are eligible for a home loan. Some of these factors include:

  • Age

  • Employment type

  • Minimum work experience/business vintage (as applicable)

  • Nationality

  • CIBIL score

The requirements usually vary depending on the lender you choose. So, be sure to get a complete list of all the eligibility criteria and evaluate how well you meet these requirements before applying. This will help you identify offers you qualify for, helping you avoid delays and in some cases rejection of the loan application.

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