Bajaj Finserv in your city
The cultural capital of Tamil Nadu, Madurai, is the third-largest agglomeration in India. It is located on the banks of River Vaigai. Madurai is often referred to as ‘Thoonga Nagaram’, a city that never sleeps. If you are considering settling here, getting a home loan in Madurai is a crucial step towards owning a property in this vibrant city.
Residents of Madurai looking to purchase, construct, or renovate a house can avail of a home loan from Bajaj Finserv. To address your borrowing needs, Bajaj Finserv has a branch in your city.
Apply online or visit our branch to get a home loan in Madurai
Features and benefits of a Bajaj Finserv Home Loan
Apply for a home loan in Madurai from Bajaj Finserv to enjoy competitive interest rates and other attractive benefits.
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Competitive interest rates
Bajaj Finserv offers home loans starting from 8.50%* p.a. rate of interest, which makes it affordable and cost effective.
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Long tenor
Enjoy a loan repayment tenor up to 32 years and service your loan with incredible ease.
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Sizeable loan amount
Face no crunches in funding as Bajaj Finserv offers loan amounts as much as Rs. 15 crore* to eligible applicants.
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5000+ approved projects
For your benefit, Bajaj Finserv has a property dossier of nearly 5000+ approved projects for you to browse through as you purchase your home.
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Enjoy a top up loan
Obtain a top-up loan of up to Rs. 1 crore on the current housing loan with Bajaj Finserv.
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Prepayment and foreclosure benefits
Choose to partly prepay or foreclose a Bajaj Finserv Home Loan in Thane at no additional charges.
Bajaj Finserv easy eligibility criteria for loan applicants
Criteria |
Self-employed |
Salaried |
Age (in years) |
23 years - 70 years |
23 years - 65 years |
CIBIL score |
725 + |
725 + |
Citizenship |
Indian |
Indian |
Monthly income |
Should show a steady source of income for at least 5 years |
|
Work experience/ business continuity (in years) |
5 years |
3 years |
Bajaj Finserv comes with easy-to-meet eligibility criteria for all residents of Madurai. Individuals can use a home loan eligibility calculator to check their maximum loan eligibility.
*Terms and conditions apply
Home loan in different cities
How to apply for a home loan in Madurai?
- Click on the 'APPLY' button on this page.
- Enter your full name, mobile number, and employment type.
- Select the type of loan you wish to apply for.
- Generate and submit your OTP to verify your phone number.
- Upon OTP verification, enter additional details like your monthly income, required loan amount, and if you have identified the property.
- In the next steps, enter your date of birth, PAN number, and other details as requested depending on your occupation type.
- Click on the ‘SUBMIT’ button.
That's it! Your application is submitted. Our representative will connect with you and guide you through the next steps.
Bajaj Finserv app for all your financial needs and goals
Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.
You can use the Bajaj Finserv App to:
- Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
- Invest in fixed deposits and mutual funds on the app.
- Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
- Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
- Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
- Shop from over 100+ brand partners that offer a diverse range of products and services.
- Use specialised tools like EMI calculators, SIP Calculators
- Check your credit score, download loan statements and even get quick customer support—all on the app.
Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.
Frequently asked questions
The maximum home loan amount you can get depends on factors like your income, repayment capacity, credit score, and the lender's policies. With Bajaj Finance, you can get a loan amount of up to Rs. 15 crore*.
Obtaining a home loan with a poor credit score in Madurai can be challenging. Some lenders might offer loans with higher interest rates or require a co-applicant with a better credit score. Improving your credit score can increase your chances of approval.
Yes, you can take two home loans at the same time, provided you meet the eligibility criteria and have sufficient income to manage both EMIs. Lenders will assess your overall repayment capacity before approving multiple loans.
