✓ Home Loan from ₹2 Lakhs to ₹15 Crores ✓ Interest Rates Starting @ 7.99% Apply Now
Overview

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.

Bajaj Housing Finance Home Loan Interest Rates

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.

Other Fees and Charges Related to Bajaj Housing Finance Home Loan

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

  • Up to ₹15 Lakh - ₹500

  • More than ₹15 Lakh and up to ₹30 Lakh - ₹500

  • More than ₹30 Lakh and up to ₹50 Lakh - ₹1,000

  • More than ₹50 Lakh and up to ₹1 Crore - ₹1,000

  • More than ₹1 Crore and up to ₹5 Crore - ₹3,000

  • More than ₹5 Crore and up to ₹10 Crore - ₹3,000

  • More than ₹10 Crore - ₹10,000

Disclaimer: The mentioned details are subject to change at the lender’s discretion.

Bajaj Housing Finance Home Loan

Features and Benefits of a Bajaj Housing Finance Home Loan

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:

High Loan Amount

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.

Low Interest Rates

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.

Flexible Repayment

You can choose a tenure of up to 30 years. Also, there are no charges for foreclosure and no loan settlement fees.

Balance Transfer and Top-Up Options

Enjoy a home loan balance transfer or a top-up option on an existing home loan at low interest rates.

Simple Eligibility Criteria

The easy-to-meet eligibility parameters make the approval process hassle-free.

Eligibility Criteria for a Bajaj Housing Finance Home Loan

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.

Documents Required for a Bajaj Housing Finance Home 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)

How To Apply for a Bajaj Housing Finance Home Loan Online

To apply for a home loan online via Bajaj Markets, follow these simple steps:

  1. Click on the ‘Apply Now’ option on this page

  2. Enter your personal, professional, and financial information

  3. Select ‘Bajaj Housing Finance’ from the list of lenders

  4. Choose your preferred loan amount and tenure

  5. Submit the online application form

 

Following this, a representative will reach out to you for further proceedings.

Types of Bajaj Housing Finance Home Loan

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:

  • Home Loan

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.

  • Home Loan Balance Transfer

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.

  • Loan Against Property

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.

FAQs on Bajaj Housing Finance Home Loan

Who can get a Bajaj Housing Finance home loan?

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.

What is the interest rate charged on Bajaj Housing Finance home loan?

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.

What is the minimum income required to get a Bajaj Housing Finance home loan?

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.

How much can I borrow with a Bajaj Housing Finance home loan?

You can get a loan of up to ₹5 Crores on Bajaj Markets.

What is the maximum home loan tenure for Bajaj Housing Finance home loans?

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.

How long does it take for the Bajaj Housing Finance home loan to get sanctioned?

Following the approval of your application and successful document verification, the loan is generally sanctioned within 48 hours.

How to reduce home loan interest rates in Bajaj Housing Finance?

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

Is it possible to get a top-up loan for an existing Bajaj Housing Finance home loan?

Yes, you can get a top-up loan on your existing home loan.

Which is better, HDFC or Bajaj Housing Finance, for a 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.

What is the EMI for a ₹₹10 Lakhs home loan?

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.

What is the interest of ₹1 Lakhs in a Bajaj Housing Finance loan?

The interest rate depends on your credit score and other eligibility factors assessed by the lender.

How to calculate Bajaj Housing Finance home loan EMI?

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.

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