Bajaj Housing Finance Loan Against Property

Bajaj Housing Finance Loan Against Property Highlights
Interest Rate	8.99%-13.50% p.a.
Tenure	Up to 17 years
Loan Amount	Up to Rs 5 crore (However, eligible applicants can also avail higher loan amounts from Bajaj Housing Finance)
Processing Charges	Up to 4% of the loan amount

Note: Rates as of 5 September 2025

Bajaj Housing Loan Against Property Interest Rates

Loan Type	Interest Rates (p.a.)
For salaried & self-employed professionals	8.99%-13.50%
For self-employed borrowers	9.10%-13.50%

Compare Interest Rates on Loan Against Property for Top Banks & HFCs

Name of the Lender	Interest Rate (% p.a.)
State Bank of India	9.20-10.50	Apply Now
Bank of Baroda	10.85-18.35	Apply Now
PNB Housing Finance	9.25-15.00	Apply Now
IDFC First Bank	9.00-16.50	Apply Now
HDFC Bank Limited	9.50-11.00	Apply Now
L&T Housing Finance	9.50 onwards	Apply Now
LIC Housing Finance	9.50-11.55	Apply Now
Godrej Housing Finance	9.75 onwards	Apply Now
ICICI Bank	10.85-12.50	Apply Now
Tata Capital	9.00 onwards	Apply Now
Axis Bank	10.50-10.95	Apply Now
Punjab National Bank	10.15-14.00	Apply Now

Types of Bajaj Housing Loan Against Property

Loan against Residential/Commercial Property

This loan facility is a Regular LAP facility for funding any financial obligation for tenure up to 17 years.

Loan against property for self-employed

This LAP facility is offered to self-employed applicants in the age group of 23-70 years.

Loan against property for salaried employees

This loan against property facility is offered to salaried employees in the age group of 23 to 60 years of any public/private/MNC to meet diverse expenses like travel expenses, wedding costs, medical fees, home renovation costs, etc.

Loan against property for home renovation

This LAP facility is offered to applicants to meet home renovation expenses such as installation of the latest lighting systems. remodel kitchen entirely or put in a false ceiling.

Loan against property for debt consolidation

This loan facility allows existing borrowers to have multiple loans to save on interest costs. Such borrowers can avail LAP at lower interest rates than the rates charged on their existing loans and use the LAP proceeds to repay those existing loans. Such borrowers can also reduce their EMI burden by opting for longer tenures than the residual tenure of their existing loans. Borrowers should note that the loan against property interest rate differs on the basis of tenure, loan amount, and the property used as collateral.

Loan against property balance transfer

This loan facility allows existing LAP borrowers to transfer their LAP availed from other lenders to Bajaj Housing at lower interest rates.

Lease Rental Discounting

Lease Rental Discounting facility allows applicants to take loans against rental receipts. It also offers high-value financing for tenures of up to 13 years based on the residual lease of the property. Applicants can use the loan proceeds for real estate construction and business expansion and for those applicants leasing out commercial office spaces or industrial and warehouse spaces.

Bajaj Housing Loan Against Property Fees & Charges

Processing Fees

Processing Fees

Up to 4% of the loan amount

Late Payment Charges & Bounce Charges

Sanctioned Loan Amount	Late Payment Charges (Rs) (chargeable per day for every partially or fully overdue EMI)	Bounce Charges (Rs) (for every dishonor of cheque / ECS /NACH)
Up to Rs 15 lakh	3	500
Above Rs 15 lakh to Rs 30 lakh	10	500
Above Rs 30 lakh to Rs 50 lakh	15	1,000
Above Rs 50 lakh to Rs 1 crore	30	1,000
Above Rs 1 crore to Rs 5 crore	125	3,000
Above Rs 5 crore to Rs 10 crore	150	3,000
Above Rs 10 crore to Rs 25 crore	175	10,000
Above Rs 25 crore to Rs 50 crore	200	10,000
Above Rs 50 crore to Rs 100 crore	400	10,000
Above Rs 100 crore to Rs 250 crore	1,000	10,000
Above Rs 250 crore to Rs 500 crore	2,000	10,000
Above Rs 500 crore	4,000	10,000

Part-prepayment charges

• Term Loan- 2%* on the part-payment amount
• Flexi Loan- NIL
• Flexi Hybrid Loan- NIL

Foreclosure Charges

• Term Loan- 4% on principal outstanding
• Flexi Loan- 4% on available flexi loan limit
• Flexi Hybrid Loan- 4% on sanctioned amount during flexi interest only loan repayment tenure
• And 4% on the available flexi loan limit during flexi term loan tenure

Interest and principal statement charges

Types of Fees	Charges Applicable
Interest & principal statement charges	NIL

Eligibility Criteria of Bajaj Housing Loan Against Property

For salaried applicants:

• Resident Indian citizens
• Age: Minimum age- 23 years and Maximum age- 60 years; LAP Balance Transfer- Minimum age- 23 years and Maximum age- 65 years
• Working in public companies/private companies/MNCs with atleast 3 years of experience
• CIBIL Score: 725 and above

For self employed individuals:

• Resident Indian citizens
• Age: Minimum age- 23 years and Maximum age- 70 years; LAP Balance Transfer- Minimum age- 25 years and Maximum age- 70 years
• Applicant should have a steady source of income and a business vintage of 3 years or more
• CIBIL Score: 725 and above

Documents Required for Bajaj Housing Loan Against Property

For Salaried Individuals

• Latest salary-slips
• Last 3 months Bank Account Statements
• PAN card or Form 60 of all applicants
• ID Proof
• Address Proof
• Copy of the documents of the property that is to be mortgaged
• IT Returns
• Title documents

For Self Employed Individuals

• Previous 6 months primary bank account statements
• PAN card or Form 60 of all applicants
• ID Proof
• Address Proof
• Income documents like financial statements/ITR, etc
• Copy of the documents of the property that is to be mortgaged
• Title documents

Apart from the above-mentioned documents, the housing finance may also ask for additional loan aganist property documents of the applicants based on their credit profiles.

Bajaj Housing Finance Loan Against Property Customer Care Number

• Customer Care Number- +91 022 45297300 (10 A.M. to 6 P.M.)
• Customer care email id- bhflwecare@bajajhousing.co.in
• Grievance Redressal- bhflgrievance@bajajhousing.co.in
• BHFL customer experience email id- bhflcustomerexperience@bajajhousing.co.in