Home Loan on 44000 Salary – How Much Loan Can I Get?

Home Loan on 44000 Salary: If you are a salaried individual and wish to avail a home loan, the very first question that comes to mind is - Am I eligible for a home loan with a salary of ₹44000 per month?

Yes, you will be eligible for a home loan up to 21.69 Lakhs, bringing your dream home within reach with some simple steps. Aavas Financiers offers a smooth, seamless, and easy online home loan application process and advantages like flexible EMI options and competitive interest rates. We make sure every individual achieves their dream of homeownership with ease.

Here is a quick overview of potential home loan eligibility:

Here are some of the key tips to improve your home loan eligibility:

• Maintain a Healthy Credit Score: Keep a regular check on your credit score by timely payments of bills and existing loan EMIs. For loan approval a healthy credit score is necessary.


• Reduce Existing Debts: To make yourself a potential borrower you have to pay your outstanding debts to improve your debt-to-income ratio.


• Increase Your Income: Explore ways to increase your income through a hike in salary, additional income sources, or some smart investments. Enhanced income makes a strong base for your home loan eligibility.


• Add a Co-applicant: For better loan terms, adding a co-applicant can increase your loan eligibility criteria. Adding a co-applicant with a steady income strengthens your home loan application.


• Clear Outstanding Dues: To avoid a negative impact on your application make sure all your outstanding dues including personal loan payments, credit card bills, and EMIs are timely paid.


• Maintain Job Security: Stable employment is preferred by lenders. A stable job history can enhance the credibility of your application.


• Monitor and Correct Credit Report: Monitoring and regularly reviewing your credit report helps you in a smooth loan process. Correcting inaccuracies avoids potential issues.


• Consider a Longer Loan Tenure: Opting for a longer home loan tenure reduces per month EMIs, which helps you ensure paying EMIs comfortably.


• Check your Co-applicant's Credit Health: If you’re applying for a loan with a co-applicant, with your credit score you also have to check the co-applicant’s credit health.

What are the Benefits of the Aavas Financiers Home Loan?

Aavas Financiers Ltd. offers huge benefits to home loan applicants such as:

• Quick Approval & Simple Process: Get quick and seamless approval for your home loan application with our effective home loan application process.


• Attractive Rates: Enjoy the benefits of attractive and competitive interest rates that keep your homeownership dream within your reach.


• Extended Tenure: We ensure a flexible loan tenure of up to 30 years.


• Manageable EMIs: For your convenience, Aavas provides easy-to-manage Equated Monthly Instalments (EMIs).


• Minimal Paperwork: Enjoy minimal paperwork loan application process with Aavas.


• Efficient Online Service: Aavas ensures to offer efficient online services for an amazing experience.


• Customizable Loans: We provide tailored home loan solutions according to the requirements and needs of an individual.


• Affordable Home Loans: For cost-effective home loan solutions join Aavas Financiers.


• Tax Advantages: Your home loan provides financial relief in the form of tax-deduction benefits.


• Flexible Eligibility: With flexibility eligibility criteria, Aavas Financiers provides home loans for both self-employed and salaried.


• Asset Growth: Aavas provides financial stability by contributing to building long-term assets.