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Learn how to secure a Bajaj Housing Finance Home Loan with interest rates starting at 7.35% p.a. and amounts of up to ₹15 Crores.
Purchase your dream apartment or bungalow with a Bajaj Housing Finance Home Loan, available on Bajaj Markets. Borrow up to ₹15 Crores at interest rates starting from 7.35% p.a., with repayment tenures of up to 32 years. You can also opt for a top-up loan if required.
Below are the current Bajaj Housing Finance Home Loan interest rate details and applicable charges for this loan.
Particulars |
Details |
|---|---|
Interest Rate |
7.35% p.a. onwards |
Processing Fees |
0.50% of the loan amount |
Part-prepayment Charges |
|
Foreclosure Charges |
Up to 4% of the principal outstanding for fixed interest rates |
*Disclaimer: The mentioned details are subject to change at the lender’s discretion.
Here are some additional charges related to a Bajaj Housing Finance Home Loan:
Particulars |
Details |
|---|---|
Penal Interest Rate |
As per Late Payment Charges listed below – chargeable per day for every partially or fully overdue EMI |
EMI Bounce Charges |
|
Late Payment Charges (chargeable per day) |
|
Loan Statement Fee |
Nil |
*Disclaimer: The mentioned rates are subject to change at the lender’s discretion.
Secure loan amounts of up to ₹15 Crores to fund your dream home
Benefit from interest rates starting from just 7.35% p.a.
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Choose a tenure of up to 384 months, with no foreclosure charges
Transfer your existing home loan or secure a top-up at attractive interest rates
Understanding the Bajaj Housing Finance Home Loan eligibility requirements helps you prepare your application and improve your chances of approval. Make sure you meet the following basic criteria before applying:
Eligibility Criteria |
Details |
|---|---|
Nationality |
Indian |
Age |
|
CIBIL score |
725 or more |
To get a complete list of the eligibility criteria, reach out to Bajaj Housing Finance. Check the requirements thoroughly before applying for the loan.
When applying for a Bajaj Housing Finance Home Loan, you will need to submit certain documents. Keeping these ready in advance can help speed up the application process.
Bajaj Housing Finance offers 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 Bajaj Housing Finance Home Loan to purchase your dream home. Once your documents are submitted and approved, the loan can be disbursed within 48 hours.
If you have an existing home loan with another bank, you can transfer it to Bajaj Housing Finance through the Balance Transfer facility. Enjoy competitive interest rates starting at 7.60% p.a. along with additional benefits.
A Loan Against Property (LAP) is a secured loan that allows you to use your residential or commercial property as collateral. You can secure a high loan amount with interest rates starting from 8.99% p.a., and repayment tenures of up to 18 years.
A resale flat is a pre-owned property, usually ready to move in, offering benefits like immediate possession and established amenities. Bajaj Housing Finance provides home loans for resale flats with similar interest rates and tenures as new properties.
To apply for a home loan online via Bajaj Markets, follow these simple steps:
Click on the ‘Check Offer’ 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.
Here is how you can track the progress of your Bajaj Housing Finance Home Loan application:
Once your loan is approved and documents are verified, a sanction letter is issued. The funds are usually disbursed within 48 hours. Keep your registered mobile number or Loan Account Number (LAN) and either your Date of Birth or PAN ready when tracking your loan application.
Repaying a home loan involves clearing the outstanding balance through regular EMIs or settling it in full before the tenure ends. While the lender determines the repayment schedule, borrowers can choose an option best suited to their financial situation.
You can choose to repay part or all of your loan ahead of schedule. For individual borrowers with floating interest rate loans, prepayment or foreclosure charges are not applicable. However, fixed-rate loans may attract nominal fees
This option enables you to settle the entire outstanding loan amount in a single payment after full disbursement. Until then, you are required to pay only interest (pre-EMIs) on the disbursed portion.
Some lenders offer a short grace period after loan disbursal during which no EMI payments are required. This allows borrowers a few months before the first instalment is deducted.
In this plan, EMIs are lower in the initial years and gradually increase over time. It is ideal for individuals at the start of their careers who anticipate a steady rise in income in the future.
This structure features higher EMIs at the beginning, which reduce as the tenure progresses. It is well-suited for borrowers with strong current earnings but expected lower income in the later years, such as those nearing retirement.
Similar to a lump-sum repayment, but with a key difference — the final instalment is substantially larger than the earlier ones. This option is often preferred for shorter loan tenures.
Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.
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 67 years
If self-employed, you should fall under the age bracket of 23 to 70 years
You need to have a CIBIL Score 725 and above
Also, ensure to 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 start from just 7.35% p.a. However, the interest rate offered to you depends on your eligibility.
Your Bajaj Housing Finance Home Loan eligibility depends on factors such as net monthly income, existing obligations, income stability, and FOIR. Having stable employment or business for at least 3 years and keeping your FOIR low can improve your chances of approval.
You can get a loan of up to ₹15 Crores on Bajaj Markets.
Yes, you can apply for a top-up loan on your existing home loan.
Sanction time varies based on document and eligibility checks. Bajaj Housing Finance usually contacts you within 24 hours, with disbursal done within 48 hours after approval. The entire sanction process may take up to 3–4 weeks, depending on verification.
Here are ways to lower your Bajaj Finance Home Loan interest rate:
Maintain a high credit score
Make a larger down payment
Choose a shorter loan tenure
Make regular prepayments
Consider a home loan balance transfer
Negotiate better terms with your lender
Both lenders are reputable, but the best choice depends on your individual preferences. It is important to compare their interest rates, repayment tenures, and applicable charges before deciding.
The EMI depends on the interest rate and tenure you select. You can use the Bajaj Housing Finance Home Loan EMI calculator to get an accurate estimate.
The interest rate varies based on your credit score and other eligibility factors evaluated by the lender.
Visit the official EMI calculator page, enter the loan amount, interest rate, and tenure. The tool will instantly show the EMI, total interest payable, and overall repayment amount.
The processing fee for a Bajaj Housing Finance Home Loan is 0.50% of the loan amount. This fee is charged during loan processing and may vary based on the lender’s terms.
Yes, Bajaj Housing Finance provides home loans for both resale and under-construction properties, helping you buy your dream home at any stage.
There are no prepayment or foreclosure charges for floating interest rate loans. For fixed-rate loans, part-prepayment charges can be up to 2%, and foreclosure charges up to 4% of the outstanding principal.
The sanction process may take up to 3–4 weeks, depending on document verification and eligibility checks. Bajaj Housing Finance typically reaches out within 24 hours, and once approved, the loan is disbursed within 48 hours.
Yes, you can transfer your current home loan to Bajaj Housing Finance through the Balance Transfer facility.
Bajaj Housing Finance customer care assists with product information, queries, and complaints. They guide you through the home loan and loan against property processes to ensure a smooth experience and promptly address your concerns.
Here is how to access your home loan statement:
Visit the Bajaj Housing Finance website or app
Log in with your mobile number, email, or Customer ID
Enter OTP or password
Navigate to the statement section to view or download
Or use ‘Help and Support’ on the portal
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