All through the year, people from across the country throng the city of Mumbai hoping to fulfil their dreams. And why not? Mumbai is referred to as ‘the city of dreams’ as it provides one with multiple job opportunities. Mumbai is also home to Bollywood and is the 2nd most populated city in the word. If you are planning on shifting to Mumbai, you’d know that real estate prices can go through the roof here. This is where a Bajaj Finserv Home Loan comes into question. It can help transform your dream into a reality!

 

Features and Benefits of Home Loan in Mumbai

·         Instant online application 

With Finserv Markets’ fast online process, you can apply for a home loan instantly and get your application approved within just 3 minutes! Moreover, once approved, you would get the loan amount credited to your bank account within 24 hours.

·         Flexible repayments

You can choose a tenure to repay the home loan through easy EMIs as per your convenience and financial capability. With us, you can choose a tenure up to 300 months (25 years) so that you get ample time to repay the loan. Moreover, with our home loan, you can also enjoy zero part-payment and loan foreclosure charges.  

·         Insurance

We know how important it is for you to provide a safe and secure life to your loved ones. Apart from helping you build your home, we ensure that your family members do not face the burden of paying your home loan in your absence. With a home loan with Finserv Markets, you get a complimentary insurance plan that is customized just for you.

·         High-value loan

Get the best furnishing materials and design your dream home as you wish with a high yet one of the cheapest home loan in Mumbai. If you are a self-employed individual, you can avail a home loan starting from Rs. 12 lakhs to Rs. 5 crores. Whereas, for a salaried employee the minimum loan amount is Rs. 10 lakhs and maximum goes up to Rs. 3.5 crores.

·         Balance transfer 

You can transfer your existing Home Loan Balance to Finserv Markets to enjoy reasonable interest rates with minimal documentation.

While you are contemplating on the paint shades and curtains to decorate your home, you need not stress about heavy paperwork or complex documentation. With us, you can avail a paperless home loan in Mumbai, with minimum documents and formalities.

·         Other benefits 

  • Avail a transparent home loan with no hidden charges.
  • Access your loan account and check the loan details easily through our online customer portal.
  • Get a property dossier and a free financial report with the best legal and financial assistance.
  • Also avail a top-up loan facility on your home loan. 

 

Eligibility

The eligibility for a Bajaj Finance home loan is depended upon your occupation.

If you are a salaried employee

  • You must be an Indian resident
  • You should have 3 years of experience as a salaried person
  • You should be between the ages of 23 to 62 years. 

 If you are self- employed 

You must be an Indian resident

  • You should have a minimum of 4 years of business experience
  • If you are a doctor or a Chartered Accountant, you must have 3 years of experience
  • You should be between the ages of 25 to 70 years. 

Additionally you can check your loan eligibility through an eligibility calculator.

 

Documents required

The documents to be submitted would depend on your occupation.

  • If you are a salaried employee -
  • Aadhar card, passport and driving license
  • Address proof
  • Identity proof
  • Form 16 or alternatively last salary slip
  • Bank statement of last 3 months. 

If you are self-employed

  • Aadhar card, passport and driving license
  • Address proof
  • Identity proof
  • Bank account statement of last 6 months.
  • ITR for last 2 Financial Years.
  • Document proof that are in the business for a minimum of 4 years. Similarly, 3 years if you are a Doctor or a CA.
  • Photograph.

 

How to apply       

You can apply for a home loan in Mumbai with easy, fast and convenient process. 

  • Fill in the application form online with your personal and occupational details.
  • Check your eligibility and check the loan amount you can avail.
  • Mention the required loan amount and details of the property
  • Find out your final loan eligibility.
  • Once your documents are verified, you will receive the loan amount in your bank account. 

Our Pursuit, Your Happiness

Getting a loan to take care of my wedding and relieving my parents to enjoy the occasion was the best decision I ever made. Easy-to-apply, amazing interest rate and quick disbursal, what more can one ask for!

I am passionate about the vehicle I drive. I want to protect it with the best available option. What amazed me was the full transparency, quick quotes and the attractive discount on the premium while choosing the annual payment option!

Check your personal loan eligibility in seconds!

My husband and I will finally move into our own house this Diwali. All thanks to Bajaj Finserv, with competitive interest rates, minimal processing fees and easy to repay EMIs, our dream saw the light of reality in no time!

Get the best FD interest rates starting @ 8.40%. Let's start!

Kids grow up fast and to fulfill their dream trip to Disneyland I had everything but instant funds. With no collateral or guarantor required and a hassle-free processing, I gifted my family a memorable trip to Orlando with just a click!

Get sum insured up to 1 Crore! Let's start!

The best way to start looking for health insurance is to do a close study of the coverage needs and checking the insurance company's claim ratio. No unnecessary jargons, easy to apply claims process and choice of premia!

Zero additional charge on part-payment option on Business loans! Let's start!

I bought my first iPhone using my Bajaj Finserv EMI Network Card. Zero downpayment with a No cost EMI on Bajaj Finserv EMI store just made my day!

Get home loan sanctioned online in 72 hours! Let's start!