You have a pre approved offer
Currently We do not have a personalized offer for you. We recommend you put in your application.
We have 02 personalised offers for you
Currently We do not have a personalized offer for you. We recommend you put in your application.
Planning to make the transition from being a tenant to a proud home owner? Finserv MARKETS offers just the right financial support you need to make your dream home a reality. Also, get access to a property dossier that details legal and financial information pertaining to real estate ownership and even protect your family from paying your home loan with customized insurance plans.
With a Bajaj Finserv Home Loan, you can purchase the house of your dreams in the most easy and hassle-free way. With us, you can apply for a loan amount of up to Rs 3.5 Crore and take advantage of exciting benefits such as additional Home Loan Top Up of up to 50% of your sanctioned home loan amount and much more! What's more? You can also reduce your current Home Loan EMI by transferring your existing home loan to us at the lowest rate of interest in India using the Home Loan Balance Transfer facility.
Also, get access to a property dossier that details legal and financial information pertaining to real estate ownership and even protect your family from paying your home loan with customized insurance plans.
If you have a working partner, you can opt for a joint home loan to avail a higher loan amount.
You can also explore more about The Pradhan Mantri Awas Yojana (PMAY) which, was recently launched and implemented with the mission of providing “Housing for All”. It intends offer housing loan interest subsidy to the middle income and the Lower income Group/ Economically weaker Section.
Customers are free to choose their home loan repayment tenure up to 300 months. Also, there’s no charges for pre-payment or a Bajaj Finserv loan foreclosure.
Through this government scheme, first-time applicants get the additional benefit of reduced EMI’s and interest rates amounting to 6.93%.
Get a Bajaj Finserv loan balance transfer or a top-up on an existing loan at nominal interest rates. And yes, there’s no need for extra documentation!
In the event of an unfortunate incident, you can protect your loved ones from the burden of paying off your home loan with customized insurance plans from us.
Alongside providing a report that helps you keep track of your financial health, we offer a complimentary health card that entails a host of offers and benefits.
Now get an online home loan in an instant that is approved in 3 minutes and money credited to your bank account in 24 hours.
Get the best home loan offers hassle-free, minus tedious paperwork. Just choose a loan and apply!
No hidden charges, no dubious policies, just 100% transparency – that’s what you get with Bajaj Finserv Home Loan.
Finance your dream home with easy home loans designed to meet your specific requirements.
With more than 100 million customers across the country, join us and enjoy a host of exclusive products and benefits.
Want a Bajaj Finance Home Loan? Follow the steps below and hit that Apply button now!
Fill in your personal and employment details.
Find out the home loan amount you could possibly avail.
Fill your required home loan amount & details of property.
You will get to know your final home loan eligibility amount.
Get the money in your account post verification.
You can avail an interest rate of 8.80% onwards with foreclosure charges of 4% plus applicable charges.
Enjoy attractive rates of interest on home loans at Finserv MARKETS. Check out the home loan interest rate and charges to get an exhaustive list of our processing fees and foreclosure charges.
The EMI that you have to pay depends primarily on three factors:
You can calculate the amount of monthly instalments with the help of the home loan EMI calculator by filling out the desired loan amount, the pre-determined rate of interest and the fixed tenure.
The eligibility criteria depends on your nationality, age and your years of work experience.
You can check the detailed home loan eligibility criteria for an in depth look into the same.
You need to submit the following documents while applying for a home loan from us:
*Don't worry if you are asked to upload additional documents, we are just creating the best loan for you!
Check out the entire list of documents required for home loan for further details.
The Pradhan Mantri Awas Yojana (PMAY) Scheme is an initiative provided by the Government of India that aims at providing affordable housing for the urban poor. Affordable homes will be built across selected cities and towns using eco-friendly construction methods in the best interest of the urban poor population in India. Also, under the Credit Linked Subsidy Scheme (CLSS), beneficiaries under PMAY are eligible for an interest subsidy if a loan is availed to purchase or construct a house.
In a Home Loan Balance Transfer, you can transfer your home loan from one bank to another. These could be Scheduled Commercial Banks (SCBs), Private and Foreign Banks, Housing Finance Companies (HFCs) registered with National Housing Bank (NHB). The borrower has to fulfill the eligibility criteria for availing Home Loan as per the Bank's terms and conditions and has serviced interest and/or installment of the existing loan regularly, as per the original terms of loan sanction. The borrower should have valid documents evidencing the title to the house to avail benefits of this scheme.
Instant Home Loan is an instant sanction for the customer’s loan application. You are eligible to get pre-approved Home Loan offers if you have an existing salary or savings account with the bank. With quick documentation and verification process online, you can also generate your Home Loan sanction letter in just a few clicks.
The bank calculates the fixed monthly obligations to the net monthly income ratio and approves a loan only if this ratio is less than 40-50 percent. While calculating the ratio, the EMI on the proposed loan gets included along with other existing EMIs that the borrower is paying in that particular period.
Even if a personal loan application gets an in-principle approval based on the CIBIL score, the final approval of the loan can be expected only if you submit the required documents in a timely and credible manner.
It's best to make sure you've cleared all your pending loan repayments and existing card bills and EMIs. The lenders track record of your credit history and credit score when getting started with the personal loan application process.
People generally look for multiple loans when they don't get the desired loan amount from one lender or they require more money to meet certain expenses. But, if you take multiple loans, it could mean over-leverage and risk of falling into a debt trap which may have a negative effect on your credit score.
The applicant's credit utilization ratio should be lower than 30 percent. Banks consider a credit utilization ratio of over 30 percent as a sign of credit hungriness and hence, credit bureaus reduce credit score on crossing this limit, thereby reducing your personal loan eligibility.
When applying for a personal loan you need to avoid direct loan and credit card inquiries with lenders as credit bureaus consider such enquiries as hard inquiries. Instead, you should visit the online financial marketplace to compare personal loan offerings and select the one based on your requirements.
If your home loan application gets rejected you need to start working on improving your CIBIL Score. Past failures in paying EMIs, settling credit card bills and outstanding loan balances, may have a huge impact on the applicant’s ability to acquire fresh credit. The age and the ability of the applicant to earn a steady income, are also some of the major factors considered. Start by settling your outstanding loan payments and bills on time. This will help you when your credit-worthiness is being evaluated.
Avail quick approval for home loan in the top metropolitan cities of India and meet your financial requirements for your new home without any worry. Finserv MARKETS is well connected across major metropolitan cities and we are happy to help you!
Looking for immediate home loan in top commercial cities of India? Here we are to help you.
Planning to buy the house of your dreams? Well, you can realize your dream with a Bajaj Finserv Home Loan available on Finserv MARKETS. What’s more? You can avail a plethora of benefits such as zero foreclosure charges, flexible repayment options, balance transfer and top-up options. So why wait? Apply now!
The Real Estate Regulatory Authority (RERA) Act, 2016 is designed to protect the interest of home buyers and attract more investment in real estate. The bill was approved by the Rajya Sabha (Upper House) on March 10, 2016. The Act was introduced in 2013 by the Indian National Congress Government......
There is hardly anything more enjoyable for a hardworking professional than the appraisal time and the bonus that it brings. Certainly, you have already received your year-end bonus or are awaiting it. Now, it is the right time to plan how you are going to utilize this bonus. There is a te.....
India’s real estate sector has typically been driven by demographics – a fast-growing population and urbanization have resulted in an ever-increasing demand for new homes, especially in the economic and commercial centers that have good job-creation prospects. Nevertheless, when it comes to deman.....
In recent years, home loans have proved to be an effective source of financing for home buyers. By availing it, millions of people across the country have realized their dream of purchasing their dream house. Different financial institutions provide home loans with different terms and conditions......
Almost everyone dreams of getting a home, to put down roots and be responsible for their own little corner of the world. When buying a house you require a basic overview. This is especially true if you are purchasing a home for the first time and you aren't quite familiar with the process. Howeve.....
Section 17 of the Registration Act, 1908 makes it mandatory to register any transaction you make towards buying an immovable property if it is priced more than INR 100. It will not be an assumption to say that you will not find a new house in India that is worth less than INR 100. So, buying the .....
Homebuyers are eligible for various tax benefits while purchasing a property. Under section 54 of the Income Tax Act, individuals are eligible for tax benefits if they purchase a residential property by selling their existing property. The amount of exemption will either be the capital gains aris.....
In the past, any person would have been satisfied to have a roof over their heads as owning a home was considered a luxury. But now, the situation is different. The availability of home loans have boosted the growth of real estate in the country. The increasing popularity of home loans brought ho.....
If you do not have any idea about what is property tax, this article will help you get a better idea about it. If you own a house or any property in India, the municipal authority of your area charges you a tax on it. You have to pay this tax on any real estate you own, and the tax amount depends.....
In today’s time, it is important to make smart investments. By investing your hard-earned money wisely, you can not only achieve financial goals but also secure your future to a certain extent. Nowadays, there are several investment options available in the market. However, as an investor, it is .....
With the growing financial literacy of the country, a large number of citizens are looking forward to making investments to obtain fruitful returns. One such investment option that holds the potential of earning high returns is the real estate investment. Any type of property, be it a residential.....
Availing a home loan is a long term financial obligation and hence you must evaluate your creditworthiness carefully before applying for a home loan. Over the years, home loans have gained massive popularity due to the competitive interest rates and other attractive features associated with them......
Every time the Reserve Bank of India (RBI) reduces the policy rates, some questions like “Will the benefits of rate cuts help or will the equated monthly installments (EMIs) reduce?” would pop up. The RBI has reduced the rates by 135 basis points during this year. One basis point is equivalent to.....
For many families in India, owning a home is still a distant dream. Add to it the rising property prices in the country and it seems almost impossible to make this dream a reality. The option of a housi.....
The Pradhan Mantri Awas Yojana (PMAY) is an initiative taken by the Government of India to make buying home affordable for the poor population of India. People belonging to the following income group are the primary beneficiaries of this scheme-
In order to fulfill its vision of ‘Affordable Housing for all by 2022’, the government introduced the Pradhan Mantri Awas Yojana (PMAY) in the year 2015. The scheme aims to encourage people living in ‘kutcha’ or temporary homes to avail a home loan at a subsidized rate. .....
Although our country has made fast economic progress in the past few years, there are still some families in India that are struggling for basic necessities, including a proper roof on their head. While a majority of the rural population still lives in make-shift, ‘kutch.....
Affordable housing is a major concern in a developing country like India. The increasing population in our country is unable to cope with the space crunch in villages or cities. Moreover, the increased migration of rural population to cities is increasing the development.....
If you are planning to own a home along with your spouse/partner, you can easily avail several tax benefits on your home loan. This home loan could be a joint home loan, which you and your partner can avail together.
The Budget 2019 that was announced on July 5 this year by the Finance Minister of India, Nirmala Sitharaman, contained major pointers about real estate and housing properties in India. The Government’s intent to create “Affordable Housing to All by 2022” was the main are.....
Affordable housing has been an issue in India for a long time now. Factors such as rapid urbanization and increased migration of population from rural areas to cities have caused a severe shortage of space. This, in turn, has resulted in skyrocketing property prices, esp.....
The Pradhan Mantri Awas Yojana (PMAY) is a government initiative undertaken to make buying house affordable, especially for the economically weaker class in our country. Under the PMAY sche.....
With an aim to provide affordable housing for the economically weaker class in our country, the Government of India launched the Pradhan Mantri Awas Yojana in the year 2015. The PMAY scheme aims to eliminate the slums in urban as well as rural areas and has already selec.....
On April 1, 2016, the Reserve Bank of India introduced the Marginal Cost of Fund Based Lending System (MCLR) as the new rate system for commercial banks and other money lending institutes in India to grant loans.
The marginal cost of funds based lending rate, or MCLR, as it is commonly called, is the minimum interest rate set by the Reserve Bank of India on different types of loans. No bank or non-banking financial companies (NBFCs) can lend a loan with an interest rate tha.....
In today’s age of inflation, land and property prices have gone through the roof. Hence, it goes without saying that availing a home loan is the most convenient option to buy a property. However, in a desperate bid to buy a home, many buyers’ sign up for home loans witho.....
The amount borrowed for a home loan is generally on the higher side as compared to any other type of loan. Still, owning a house of their own is a dream for many, which is why home loans enjoy considerable popularity in the debt market. Today, there is no dearth of home-loan providers. These lend.....
Purchasing your first home is one of the most exciting financial milestones of your life. Although it may seem like a complex process, it is an essential step when it comes to providing a stable environment for your family. Taking “the big step” of buying a home might ma.....
In today’s world, buying a home of your own is a like achieving a great feat However, working around your monthly income to incorporate the home loan EMIs without taking a hit on your lifestyle is no easy feat, which is why most people opt for a home loan. Although there are a lot of home loan pr.....
Property-related costs in India are escalating by the minute. In such a scenario, buying a ready-to-move -in house could prove expensive. The same is true if you are buying a ‘resale’ house with high market value. As compared to these options, the purchase of an under co.....
Your team understood my customized needs in detail during first interaction itself. They arranged the home loan within record time which is why I was able to get my dream home. Thank you so much for the financial assistance.
Posted on 2 Nov 18
Bajaj Finserv home loan definitely made getting a home loan a lot easier, emotionally as well. Again, I wanted to let you know that I appreciate the help and support. Thank you for the high level of customer service and many thanks to the continued support and co-operation.
Posted on 15 Jan 19
I have availed a home loan through Finserv MARKETS. The documentation was minimal. The loan disbursement happened very smoothly. I have just uploaded the documents through online. Great going Finserv MARKETS!
Posted on 6 Dec 18