Affordable Home Loan in Coimbatore
The 2nd largest city of Tamil Nadu, Coimbatore is home to approximately 10.5 lakh residents. Its far-reaching textile industry has earned it the distinguished name as the Manchester of South India. It is also the fastest-growing tier-II city of India.
Avail a home loan in Coimbatore up to Rs. 15 crore* from Bajaj Finance by applying online or visiting any of our 2 branches in the city. You can avail of the loan at an interest rate starting from 7.99%* p.a. based on your eligibility criteria. With the longer repayment tenure, you can choose to repay the loan conveniently.
Features and benefits of a home loan in Coimbatore
Applicants interested in availing a housing loan in Coimbatore
-
Minimal document requisite
Bajaj Finserv has simplified the paperwork and kept documents required for a home loan at minimum.
-
PMAY benefits
The Pradhan Mantri Awas Yojana also allows interest subsidy of up to Rs. 2.67 lakh on home loan.
-
Flexi tenor
Repay your home loan in easy EMIs. Choose any period ranging up to 32 years using a home loan EMI calculator.
-
Home loan balance transfer
Reduce interest burden on your outstanding loan amount with a home loan balance transfer option.
-
Top-up loan
Avail a top-up loan to secure additional high-value financing with the balance transfer facility.
-
Foreclosure option
Make additional savings at low to no additional cost with our foreclosure and part-prepayment facilities
Also known as Koyampuththoor and Kovai by the locals, Coimbatore is a significant port city and an economic hub of South India. Located by the banks of River Noyyal, it’s home to more than 25,000 medium, small, and large industries of Tamil Nadu. It is also a remarkable educational and healthcare centre and houses important industries like manufacturing and engineering.
With home loans provided by Bajaj Finserv at convenient terms here, residents of the city can secure funding without much hassle. Apply online for home loan in Coimbatore with necessary details for streamlined loan processing.
Eligibility criteria for Home Loan in Coimbatore
Bajaj Finserv lays down simple eligibility and document requirements for easy access of home loans in Coimbatore. Use a home loan eligibility calculator to check maximum loan availability before applying.
Criteria |
Self-employed |
Salaried |
Age (in years) |
23 years - 70 years |
23 years - 67 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 |
Documents Required for Home Loan in Coimbatore
Planning to apply for a home loan in Coimbatore? Bajaj Finserv offers a simple and quick loan process. To get started, you need to submit basic documents like KYC (Aadhaar/PAN), income proof (salary slips or ITR), address proof, and property documents. These help verify your eligibility and speed up loan approval. Both salaried and self-employed applicants can apply. Use the Bajaj Finserv App to upload your documents and track your application status easily.
Ready to move into your dream home in Coimbatore? Check your eligibility and apply online with minimal paperwork today.
Interest rate, fees, and charges for home loan in Coimbatore
Bajaj Finserv keeps home loan interest rates competitive for improved borrower affordability. Also, check other fees and charges, which are levied at nominal rates. Check out the rates and charges in details to estimate your total cost of borrowing.
Click here to know more.
*Terms and conditions apply
Fixed Interest Rates
Borrowers Type |
Fixed Interest Rate |
For salaried applicants |
Starting @ 7.99%* p.a. |
For self-employed applicants |
Starting @ 8.45%* p.a. |
