Jaipur is one of India's first planned cities with ample employment opportunities and transportation systems. So, individuals looking to buy property can avail a home loan in Jaipur.
How to apply for a home loan?
The steps to apply for a home loan are as follows:
Step 1: Fill the Home Loan application form on the Bajaj Housing website
Step 2: Submit the necessary documents
Step 3: Wait for document processing and verification
Step 4: Receive the sanction letter
Step 5: Wait for the technical and legal check
Step 6: Receive the loan in your bank account
What are the documents required for availing a home loan?
The documents required for a home loan are:
- Passport, Aadhaar card, Voter ID card or Driving license (Any 1)
- Last three months' salary slip
- Employee ID card
- Bank account statements for the last three months (in case of salaried individuals) and six months (in case of self-employed individuals)
- Proof of business existence (in case of self-employed individuals/businessmen)
What are the eligibility criteria for a home loan?
The eligibility criteria for a home loan are as follows:
- Nationality: Indian
- Age: 23-62 years (for salaried individuals) and 25-70 years (for self-employed individuals)
- Employment Status: Minimum 3 years of employment (for salaried individuals) and five years in the current business (for self-employed individuals)
- CIBIL Score: 750 or more
Before borrowers avail a home loan in Jaipur, they must check the lender’s terms and conditions and choose the best home loan tenure. Moreover, they can also determine the monthly instalments using a home loan EMI calculator.
