Home Loan
Income and Other Direct Taxes

Home Loan on 30,000 - 50,000 Salary

Unlock Homeownership: Affordable Loans, Happy Homes

Home Loan on ₹30,000 - ₹50,000 Salary

A home to call your own is everyone’s dream. If you have just started your career and are staying on rent, don’t think you can’t afford to buy a home with your current low salary. You can easily apply for a ₹30,000 - 50,000 salary home loan with Axis Bank and fulfil your dream. Start early and build an asset to last you a lifetime!

How much home loan can I get on a ₹30,000 - ₹50,000 Salary?

Home loan eligibility depends on net in-hand salary, and you can get a home loan up to 60 times your net monthly salary. Thus, for a ₹30,000 - ₹50,000 salary, you can avail ₹18 lakh - ₹30 lakh home loan, subject to eligibility criteria.

For example,

Net Monthly Income (₹)30,00040,00050,000
Age (yrs)303030
Loan tenure (yrs)151515
Other EMIs (₹)000
Interest Rate (%)101010
Loan Amount (₹)18,14,62024,19,49330,24,366

(Calculated using Axis Bank’s Home Loan Eligibility Calculator)

Home Loan on ₹30,000 - ₹50,000 Salary Benefits

Benefits of applying home loan from Axis Bank:

  • Smaller EMIs: Repay home loans with smaller EMIs stretched over a longer tenure
  • Attractive interest rate: Avail home loans at lower interest rates, making it easier on your pockets
  • Type of interest rate: Have flexibility to choose the type of interest rate – floating or fixed
  • Hassle-free process: Experience a hassle-free process with basic eligibility criteria and requiring minimum documentation
  • Customised repayment options: Choose repayment options as per your preference
  • Top-up loan: Option to borrow additional funds over your existing home loan amount
  • Relaxation on pre-payment penalty: No pre-payment penalty in case of floating interest rates, whereas nominal charges are imposed on loans on fixed interest rates
  • Home loan balance transfer: Shift your home loan from an existing lender at higher rates to Axis Bank at lower interest rates

How to apply for a Home Loan online at Axis Bank?

Start your online home loan application at Axis Bank by following the easy steps below

  • Visit the Home Loan page. Click on the “Apply Now” button
  • Enter your details, including name, contact number, etc., and click on Submit
  • Submit KYC documents to get the loan sanctioned
  • Once sanctioned, submit the property documents for verification
  • The loan will get approved in 15 days

FAQs for Home Loan on ₹30,000 - ₹50,000 salary

Avail online home loan facility from Axis Bank to get a Home Loan on a 30000-5000 salary. Alternatively, you can apply t by visiting your nearest branch or loan centre.

The eligibility criteria for Axis Bank Home Loan is straightforward. Salaried, self-employed individuals and professionals can apply for a home loan. It is better to check your eligibility criteria and calculate the same using the Home Loan Eligibility Calculator before applying.

Factors affecting home loan eligibility criteria include:

  • Income
  • Age
  • Number of dependents
  • Employment status
  • Current assets and debts
  • Credit score and history

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