Bajaj Finserv Home Loan

• Attractive interest rate starting as low as 6.90% p.a.
• Loan financing of up to Rs. 3.5 crore
• Home loans under Pradhan Mantri Awas Yojana (PMAY)
• Easy home loan balance transfer facility
• Top-up loan of up to Rs. 50 lakh
• No charges on part-prepayment or foreclosure to make the loan affordable
• Flexible tenure ranging up to 20 years
• Customized insurance schemes to protect your family from the burden of repaying the housing loan in case of unforeseen events

Check Also: Home Loan Tax Benefits

Note: The figures given in the table are indicative and are subject to change without prior information. GST might be applicable on some of the above charges.

Bajaj Finserv Home Loan EMI Calculator is an online tool that helps users know the estimated EMI (equated monthly instalment) that they need to pay towards their Bajaj Finance home loans. The home loan calculator is available at Paisabazaar.com and is easy for anyone to use. Calculate your Bajaj Finserv home loan EMI.

Bajaj Finserv Home Loan EMI Calculation

The following table illustrates Bajaj Finserv home loan EMI calculation for different interest rates, loan amounts and loan tenures:

In the table, note that the home loan EMIs decrease as the loan period increases. The home loan EMIs also increase with the increase in the loan amount and interest rate. Hence, when choosing longer tenure remember that even though it reduces your monthly liability but it also increases your total interest payout.

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Bajaj Finserv Home Loan Eligibility Criteria for Salaried

• Should be a resident of India
• Should be between 23 and 62 years of age
• Should have a work experience of 3 years or more
• The eligible net salary and property value are given in the table below:

Bajaj Finserv Home Loan Eligibility Criteria for Self Employed

• Should be an Indian resident
• Should be between 25-70 years of age
• Should have at least 5 years of continuity in the current business

Check Your Home Loan Eligibility

The list of home loan documents required to apply for Bajaj Finance Home Loan is:

• Proof of Address (Aadhaar, Voter ID, Passport, Driving License, etc.)
• Proof of Identity (Aadhaar, PAN, Passport, Driving License, Voter ID, etc.)
• Photograph
• Form 16 or latest salary slips
• Bank account statements of the previous 6 months
• Document for proof of Business, of min. 5 years (for Businessmen/ self-employed individuals)

Note: The above list of home loan documents is indicative. Bajaj Finserv may ask for more documents as and when required.

Compare Best Bajaj Finserv Home Loan Offers

1. Bajaj Finserv Home Loan

Bajaj Finserv home loan is for all those who want to buy or build a new house or renovate an existing one. need funds to buy a house or a plot to construct a house.

Note: The promotional home loan interest rate is only for salaried for loan amount up to Rs. 30 lakhs.

Back to Home Loan Schemes

Also Read: Will Reduction in Repo Rate Lower Your Home Loan EMIs?

2. Bajaj Finserv Home Top Up Loans

Top up loans by Bajaj Finserv is a great financing option for covering expenses besides the ones covered by a home loan. The loan can help you meet all big-ticket expenses such as financing your child’s education, overseas trip expenses, wedding costs and much more. Customers opting for Bajaj Finserv home loan balance transfer facility can also take this loan of up to Rs. 50 lakh over and above their existing home loan amount.

Note: The promotional Bajaj Finserv home loan interest rate is only for new applicants for a loan amount up to Rs. 30 lakhs.

3. Bajaj Finserv Home Loan Balance Transfer

Pay lower EMIs by transferring your existing home loan to Bajaj Finserv Ltd. The lending institution offers balance transfer facility at competitive rates. Customers can also avail an additional top up loan of up to Rs. 50 lakh on home loan balance transfer.

Note: The promotional Bajaj Finserv home loan interest rate is only for new applicants for a loan amount up to Rs. 30 lakhs.

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Eligibility Criteria for Bajaj Finserv Home Loan Balance Transfer

• Property of the applicant must be ready to occupy or already occupied
• The applicant must have paid more than 12 EMIs
• The applicant should not have any outstanding dues on his/her existing home loan

4. Pradhan Mantri Awas Yojana Credit Linked Subsidy Scheme (PMAY CLSS)

Under Pradhan Mantri Awas Yojana (PMAY), the government offers Credit Linked Subsidy Scheme, which offers eligible customers an upfront subsidy of up to Rs. 2.67 lakh on home loan principal outstanding. The eligibility for the scheme is subject to meeting income criteria as per various categories under the scheme. Applicants falling under the Middle Income Group I & II (MIG I & II) will get interest subsidy on housing loans for acquisition/construction of houses (including repurchase). Applicants falling under the income groups, Economically Weaker Section (EWS)/Lower Income Group (LIG), will get interest subsidy on housing loans for home purchase and construction. PMAY CLSS is also available on home loans taken for the purpose of home extension. Credit Linked Subsidy Scheme (PMAY CLSS).

Customers can apply for Bajaj Finserv Home Loan online via Paisabazaar.com. The Bajaj Finserv home loan application process is as below:

• Visit the Home Loan page at Paisabazaar.com
• Fill in the necessary information about the loan amount required, the type of home loan required, etc.
• Provide more details regarding your home loan requirements and personal information such as the cost of the property, your full name, date of birth, etc.
• Select the checkbox to agree on the terms and conditions
• Click the ‘View Best Offers’ button to proceed

Best home loan offers according to the applicant’s eligibility will appear.

• Compare and apply for the best home loan offer

Once the process is finished, customers will receive an acknowledgement message, which will include a reference number which they can use to track their Bajaj Finserv home loan application. Customers will also receive a call from Paisabazaar’s home loan experts to take forward the home loan process.

Click to Compare Home Loan Rates from Top Providers

To get Bajaj Finserv Housing Loan related queries or complaints resolved, customers can contact the financial institution through:

Toll- free Customer Care Service
1800-103-3535

SMS
‘SHOL‘ to 9773633633

Customers can also write their complaints or queries on the Bajaj Finserv’s official website.

What is the current Bajaj Finserv home loan interest rate?

The current Bajaj Finserv home loan interest rate is:

How much financing can I get on Bajaj Finserv home loan?
Salaried individuals can get home loan amount ranging from Rs. 10 lakh to Rs. 3.5 crore. Salaried individuals, on the other hand, can get financing from Bajaj Finserv of up to Rs. 5 crore.

Is there any insurance policy available for Bajaj Finserv home loan?
Yes, you can sign up for customised insurance schemes that will shield your family from bearing the burden of home loan repayment in case of unforeseen events.