Do Not Call
Planning a home loan with a ₹25,000 salary? Explore the amount you may be eligible for, EMI estimates, and more.
Home loans have made property ownership simpler, and you can be eligible even with a modest salary of ₹25,000 a month. With more than 10 lenders available on Bajaj Markets, you can secure substantial loan amounts to own your dream home.
For a monthly salary of ₹25,000, the home loan amount you can access depends on how much EMI you can comfortably pay and the lender’s policies. Financial institutions typically allow 40%–50% of net income to be used for EMIs, after accounting for essential expenses and any existing liabilities. The sanctioned amount is also affected by factors like tenure, credit history, and interest rates.
Example:
If your fixed monthly costs and EMIs come to about ₹5,000, you might be eligible to pay EMIs of ₹7,000 to ₹9,000. Based on this, the lender works out your maximum loan amount by applying the interest rate and the tenure you select.
The repayment tenure of a home loan is a key factor that helps lenders evaluate the risk involved. A longer tenure generally increases your chances of securing a higher loan amount.
The table below shows the estimated maximum loan eligibility and EMI across different tenures for a monthly salary of ₹25,000, assuming an interest rate of 7.30% p.a.:
| Net Monthly Income | Tenure | Home Loan Amount | EMI Amount |
|---|---|---|---|
₹25,000 |
10 Years |
₹11,68,616 |
₹13,750 |
₹25,000 |
15 Years |
₹15,01,610 |
₹13,750 |
₹25,000 |
20 Years |
₹17,33,030 |
₹13,750 |
₹25,000 |
25 Years |
₹18,93,858 |
₹13,750 |
₹25,000 |
30 Years |
₹20,05,628 |
₹13,750 |
Disclaimer: The loan amounts mentioned in the table above are estimated figures and might change as per the norms and conditions of the banks and financial institutions.
Bajaj Markets features home loan offers from multiple partner lenders, each with different starting rates and repayment structures. These variations influence how much you can borrow despite having the same income.
Generally, choosing a lower interest rate and a longer tenure increases your eligibility, whereas higher rates or shorter terms bring it down. On a salary of ₹25,000, with the EMI capped at ₹7,500, here is the estimated loan amount you could secure:
| Lender Name | Starting Interest Rate (p.a.) | Max. Tenure | Approx. Loan Amount |
|---|---|---|---|
Bajaj Housing Finance |
7.45% |
384 months |
₹10,96,000 |
PNB Housing Finance |
8.50% |
360 months |
₹8,12,835 |
Home First Finance Company |
9.00% |
240 months |
₹6,94,656 |
ICICI Bank |
9.00% |
360 months |
₹7,76,762 |
LIC Housing Finance |
8.65% |
360 months |
₹9,62,000 |
Shubham Housing Finance |
9.90% |
360 months |
₹7,18,233 |
Truhome Finance |
11.50% |
300 months |
₹6,14,874 |
India Shelter |
13.00% |
240 months |
₹5,33,470 |
L&T Finance |
8.60% |
300 months |
₹7,69,726 |
Vridhi Home Finance |
12.00% |
144 months |
₹4,75,857 |
Sammaan Capital |
8.75% |
360 months |
₹9,53,000 |
Easy Home Finance |
10.50% p.a. |
240 months |
₹6,26,014 |
Disclaimer: The above-mentioned details are subject to change at the lender’s discretion.
Applying for a home loan on a ₹25,000 salary on Bajaj Markets is simple and can be done online in just a few steps. Here is how you can get started:
Click on the ‘Check Offer’ option on this page
Select your preferred loan type
Choose your profession, whether salaried or business owner
Enter your mobile number
Select ‘Property Identified Status’
Accept the terms and conditions, and click on ‘Apply Now’
After this, an executive will contact you to further process your housing loan application.
Home loan interest rates on Bajaj Markets start from 7.35% p.a. The actual rate depends on your profile, credit score, employment type, and lender policies.
Key factors include age, income stability, credit score, employment type, and existing debts. These vary across lenders and directly impact your loan amount and approval chances.
The ideal tenure depends on your repayment capacity, financial goals, and overall loan eligibility. Loan tenures with lenders available on Bajaj Markets can range up to 32 years.
A co-applicant is not mandatory if you fulfil the lender’s eligibility requirements, such as a stable income, a strong credit score, and limited existing liabilities. Nevertheless, including a co-applicant can enhance your eligibility and potentially increase the sanctioned loan amount.
Eligibility generally depends on age, income stability, credit score, and employment type. Each lender sets different criteria, so loan approval may vary accordingly.
Documents include identity proof, address proof, and income proof as per employment type.
Yes, with a ₹25,000 monthly income, you may qualify under the EWS or LIG categories of PMAY. Eligibility depends on annual income, property ownership, and compliance with scheme guidelines.
Yes, you can compare multiple home loan lenders on Bajaj Markets and apply online through its simple and user-friendly platform.
Personal Loan, Business Loan, Collateral
Fixed Deposit, Mutual Fund, NPS, Demat A/C, SGB
General Insurance, Life Insurance, Term Insurance
Stocks, IPOs
Credit Score, Report & Analysis
Smart Phone, Speaker, EarPhone
