How to Avail a Home Loan with an Online Loan App

Home loans have made constructing or buying your dream home convenient. Since these loans involve a big-ticket sanction and a long repayment tenor, issuers follow a stringent procedure before they grant an approval. However, with innovations in the fintech space, borrowing a home loan has now become easier and faster.

One such technological innovation that has made borrowing quick and simple is a home loan app. Thanks to this loan app, you can now apply for a home loan online from the comfort of your home or office without having to visit your lender’s branch. Among other online loan apps, the Bajaj Finserv Experia App is one of the best in its category.

With this loan app, you can avail an instant home loan and also access your customised offers that further hasten your approval. Apart from this, the Bajaj Finserv Home Loan App offers other features that make accessing your loan amount and monitoring your credit activities delightful and seamless. Take a look at how to apply for a Home Loan via the Bajaj Finserv’s Home Loan App.

 

Download the Experia app from an app store

Depending on the smartphone that you use, you can download the Experia App from the Google Play Store or Apple App Store. This loan app allows you to view and apply for various loans, pay your EMIs, prepay your loan, download your statements, request a call back, raise requests, and do more.

Once you install the online loan app, select the customer type that applies to you. Tap on ‘New Customer’ if you are applying with Bajaj Finserv for the first time. If you already have a loan account, FD or a credit card with Bajaj Finserv, choose ‘Existing Customer’. Based on the option you choose, you will either be asked to log in with your credentials or to select your employment type, whether salaried or self employed.

View your pre-approved offer to apply for a customised deal

You can view your customised deal on a home loan under the pre-approved offers tab. Since the customised home loan offer is designed based on your personal and credit profile, it avoids lengthy application process and accelerates your approval. In addition to a home loan, you can also view tailor-made offers on other loans.

All you have to do to view your offering is swipe to the ‘Pre-approved’ tab and enter basic details like your name and phone number if you are a new customer. You can simply select the offers already on the page as an existing customer. Once you see your pre-approved home loan offer, you can then apply via the offer to enjoy instant approval. This way, you can avail instant finances to buy your home conveniently.

Fill out an easy application form and enjoy instant approval

If you do not wish to use the pre-approved offer, you can visit the page that lists various loan options like Personal Loan, Home Loan, and others. You can find this under the ‘Recommended Offers’ section. Assuming you are a new customer, select either the ‘home loan balance transfer’ or ‘home loan’ option and fill in your mobile number and date of birth in the respective fields. Now, click on the arrow to proceed.

After this, you will be redirected to an easy application form. Here, you just have to fill in minimum details about yourself and the loan that you are looking at, which makes the process simple and quick. Once you complete the form, click on ‘Get Approved’ to expect approval within 5 minutes thanks to simple eligibility terms and minimal documentation required by Bajaj Finserv.

Now, you can apply for a home loan via a loan app to benefit from simple application and approval in just 5 minutes! To enjoy maximum convenience, download the Bajaj Finserv App today. Access an ample sanction of up to Rs.3.5. crore at nominal interest rates, so that you don’t have to make any compromises in acquiring your dream home. You can also enjoy a top-up loan of up to Rs.50 lakh to address home improvement or other expenses with ease.

 

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