Frequently asked questions
A home loan is a credit borrowed from a financial institution to buy a home. The loan is given at an interest rate depending on your profile. While taking the loan, you choose a repayment period to pay back the amount (principal) and interest in equated monthly instalments (EMIs). You can either choose a fixed interest rate or a floating interest rate.
You can easily get a home loan of Rs. 15 Crore* or even higher from Bajaj Finserv if you meet our eligibility criteria. The sanctioned loan amount depends upon essential factors like your age, income profile, CIBIL Score, and some other criteria.
Salaried professionals applying for a fresh home loan with Bajaj Finserv, must have the listed documents:
- KYC documents (identity and address proof)
- Proof of income (6 months’ salary slips)
- Last 6 months' account statements
Self-employed doctors applying for a fresh home loan with Bajaj Finserv must have the listed documents:
- KYC documents (identity and address proof)
- Proof of income (P&L statement)
- Proof of medical practice existence, and
- Account statements for the last 6 months
Once you have submitted all the essential documents, the loan will be approved within 48 Hours*. In some cases, it can get sanctioned even earlier.
* Terms and conditions apply