Bajaj Finserv Home Loan Eligibility

Bajaj Finserv Home Loan Eligibility Calculator is a wonderful financial tool which guides you to know about your Bajaj Finserv Home Loan Eligibility and after that, you can opt for Bajaj Finserv Home Loan apply online. With the help of Bajaj Finserv Home Loan Eligibility Calculator, you get an idea of Bajaj Finserv Home Loan amount Eligibility based on which you can go for Bajaj Finserv Home Loan apply online. You make your dream of owning your own house by taking Bajaj Finserv Home Loan and evaluating your Bajaj Finserv Home Loan Eligibility using Bajaj Finserv Home Loan Eligibility calculator. To use Bajaj Finserv Home Loan Eligibility Calculator, you need to input details like- your net monthly income, your residing city, birth date, preferred loan tenure, and existing debts which will give you Bajaj Finserv Home Loan Amount Eligibility.

Which factors affect Bajaj Finserv Home Loan Eligibility Calculator?

It’s always a great idea to check your Bajaj Finserv Home Loan Eligibility criteria using Bajaj Finserv Home Loan Eligibility Calculator which helps you to know the exact loan amount against which you can opt for Bajaj Finserv Home Loan apply online. Bajaj Finserv Home Loan is a secured loan and finances depending on the property value at an attractive interest rate of 8.60%* with repayment tenure of 25 years.

Bajaj Finserv Home Loan Eligibility Calculator gets affected by the following factors-

• Age

  An applicant’s age play an important role in Bajaj Finserv Home Loan Eligibility. The minimum and maximum age limit for Bajaj Finserv Home Loan Eligibility range between 23 to 62 years. If you apply for home loan at an older age your Bajaj Finserv Home Loan Eligibility will be low as you have less time to repay. So, your Bajaj Finserv Home Loan Eligibility will be high if you apply at a young age as you have more time to repay the loan.

• Income

  Your net take home salary affects Bajaj Finserv Home Loan Eligibility in a great way. If you belong from a lower income earning group, then your Bajaj Finserv Home Loan Eligibility will be low. But if your monthly income is in the higher bracket, then your Bajaj Finserv Home Loan Eligibility will also be high.

• Credit Score

  Bajaj Finserv Home Loan Eligibility criteria gets highly affected by your credit score which represent your repaying capacity. You need to maintain a minimumCIBIL score of 750 or above which will lead to high Bajaj Finserv Home Loan Eligibility.

• Co-applicant

  Applying for home loan with a co-applicant earning a decent income will lead to higher Bajaj Finserv Home Loan Eligibility. So, you can apply for a home loan with a co-applicant to have high Bajaj Finserv Home Loan Eligibility.

• Existing Debts

  For financial liabilities like EMI of loans or credit card bill dues, the bank takes into account FOIR (Fixed Obligation to Income Ratio) which should not be more than 65% of your net income or else, Bajaj Finserv Home Loan Eligibility criteria will be low. So, paying off ongoing debts before you opt for Bajaj Finserv Home Loan apply online will lead to higher Bajaj Finserv Home Loan Eligibility criteria.

• Employment

  Employment status of the applicant affects Bajaj Finserv Home Loan Eligibility. Both salaried and self-employed individuals having a stable income source can go for Bajaj Finserv Home Loan apply online. Salaried employees must have atleast 3 years of work experience and 5 years of business continuity for self-employed individuals is mandatory to have a better Bajaj Finserv Home Loan Eligibility criteria.

• Property Value

  Bajaj Finserv Home Loan Eligibility criteria is largely based on the property value that has been kept as security. Bajaj Finserv finances around 75% to 90% of the property value that ranges between less than Rs. 30 lakhs to more than Rs. 75 lakhs that is known as Loan To Value Ratio or LTV. Also, you must produce valid property documents that are legally clean for a better Bajaj Finserv Home Loan Eligibility.

Bajaj Finserv Home Loan Eligibility Criteria

Why should you opt for Bajaj Finserv Home Loan Eligibility Calculator?

• Bajaj Finserv Home Loan Eligibility Calculator helps you to know about Bajaj Finserv Home Loan Amount Eligibility to apply for a home loan.
• You can check your Bajaj Finserv Home Loan Eligibility using Bajaj Finserv Home Loan Eligibility Calculator for multiple times.
• Bajaj Finserv Home Loan Eligibility Calculator can be used at free of cost.
• With the help of Bajaj Finserv Home Loan Eligibility Calculator, you can save your precious time.
• You get to know the interest outgo and principal amount separately which you are paying as EMI with the help of Bajaj Finserv Home Loan Eligibility Calculator.