Get a home loan of up to ₹5 Crores with a Bajaj Housing Finance Home Loan with minimum documentation, quick approval, and low processing fee.
Buy your dream apartment or bungalow with a home loan from Bajaj Housing Finance, available on Bajaj Markets. You can borrow up to ₹5 Crores based on your eligibility and repayment capacity. With interest rates starting from 8.55% p.a., you can manage your finances efficiently.
You can repay it over a tenure ranging up to 30 years, ensuring manageable EMIs. Additionally, you can get a top-up loan if required to meet additional financial needs.
Below are the current home loan interest rates offered by Bajaj Housing Finance:
Loan Type |
Interest Rate |
Home Loan |
8.55% p.a. |
Disclaimer: The mentioned details are subject to change at the lender’s discretion.
Here are some other charges related to a Bajaj Housing Finance Home Loan that you should be aware of:
Fees and Charges Type |
Details |
Processing Fees |
0.50% of the loan amount |
Part Prepayment Charges |
Up to 2% of the part-payment amount |
Foreclosure Charges |
Up to 4% of the part-payment amount |
Penal Interest Rate |
Up to ₹4,000 |
EMI Bounce Charges |
|
Disclaimer: The mentioned details are subject to change at the lender’s discretion.
A home loan makes it more manageable to align your dream home with your budget. Some benefits that a Bajaj Housing Finance home loan can offer include:
Secure high amounts of up to ₹5 Crores with this home loan. You can secure this high-value loan within 48 hours with minimal documents.
Benefit from interest rates starting from as low as 8.55% p.a. You can also get a top-up loan at competitive rates, providing additional funds for your housing-related needs.
You can choose a tenure of up to 30 years. Also, there are no charges for foreclosure and no loan settlement fees.
Enjoy a home loan balance transfer or a top-up option on an existing home loan at low interest rates.
The easy-to-meet eligibility parameters make the approval process hassle-free.
Make sure to fulfil the following eligibility criteria prior to applying for this loan:
Nationality: Indian
Age: 23 to 62 years for salaried applicants, and 25 to 70 years for self-employed individuals or professionals
Employment: Minimum 3 years of work experience in a public or private sector company for salaried applicants, and 3 years of business vintage for self-employed individuals or professionals
To get a complete list of the eligibility criteria, reach out to Bajaj Housing Finance. Check the requirements thoroughly before applying for the loan.
Keep the following documents handy when applying for a Bajaj Housing Finance Home Loan:
Identity Proof: PAN Card or Form 60
KYC Documents: Recent photograph, Voter ID, Aadhaar Card, valid Passport, or valid Driving License
Property Documents: Title Deed, Allotment Letter, and Property Tax Receipts
Business Proof: Proof of business existence for at least 5 years (for self-employed and non-professional applicants)
Income Proof:
3 months’ salary slips (for salaried individuals or salaried professionals)
Profit & Loss Statement (for self-employed individuals)
Income Tax Returns (ITR) (for self-employed individuals)
Bank statements for the last 6 months (for all applicants)
Educational Qualifications:
MBBS or higher (for self-employed professionals such as doctors)
Valid Certificate of Practice (COP) (for self-employed professionals such as Chartered Accountants)
To apply for a home loan online via Bajaj Markets, follow these simple steps:
Click on the ‘Apply Now’ option on this page
Enter your personal, professional, and financial information
Select ‘Bajaj Housing Finance’ from the list of lenders
Choose your preferred loan amount and tenure
Submit the online application form
Following this, a representative will reach out to you for further proceedings.
Bajaj Housing Finance offers home loan solutions for purchasing a property, transferring an existing loan, or accessing additional funds. Below is a quick overview of the available options:
You can apply online for a Home Loan from Bajaj Housing Finance to purchase a house. The loan disbursal is processed within 48 hours following document submission and approval.
If you have an existing home loan with another bank or housing finance company, you have the option to transfer your loan to Bajaj Housing Finance through the Loan Balance Transfer facility. Get a competitive interest rate starting at just 8.30% p.a., and other benefits.
A Loan Against Property (LAP) is a secured loan that lets you access funds by using your residential or commercial property as collateral. You can secure a significant amount with an interest rate starting as low as 9.40% p.a., and repay over a tenure of up to 17 years.
To qualify for a home loan from Bajaj Housing Finance, you must fulfil the following criteria:
You must be a citizen of India
If salaried, you should fall under the age bracket of 23 to 62 years
If self-employed or professional, you should fall under the age bracket of 25 to 70 years
You must have a 3-year work experience or business vintage
Also, ensure that you provide all the documents requested by the lender at the time of application. If eligible, this can improve your chances of getting the loan faster without any delays.
Bajaj Housing Finance Home Loan interest rates starting from as low as 8.55% p.a. However, the interest rate offered to you will depend on your eligibility.
To qualify for a Bajaj Housing Finance home loan, you need to have a stable income and employment. The specific income requirement will vary based on factors such as the loan amount, your credit profile, and other eligibility criteria.
You can get a loan of up to ₹5 Crores on Bajaj Markets.
The maximum repayment tenure offered is 30 years. Select a loan amount that aligns with your repayment capacity and ensure timely payments to maintain a healthy credit score.
Following the approval of your application and successful document verification, the loan is generally sanctioned within 48 hours.
Here are some effective ways to secure a lower interest rate on your home loan:
Improve your credit score
Increase your down payment
Opt for a shorter loan tenure
Raise your EMI amount
Make consistent prepayments
Yes, you can get a top-up loan on your existing home loan.
Both home loan lenders are reputable, but the best choice ultimately depends on your individual preferences. It is important to compare their interest rates, repayment tenures, and applicable charges before making a decision.
The EMI amount depends on the interest rate and tenure selected. You can use the Bajaj Housing Finance home loan EMI calculator to determine the EMI accurately.
The interest rate depends on your credit score and other eligibility factors assessed by the lender.
To compute the EMI amount, visit the official EMI calculator page. Enter the loan amount, interest rate, and tenure. The tool will display the EMI, total interest payable, and total repayment amount instantly.