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Bajaj Housing Finance Loan Against Property Highlights |
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| Interest Rate |
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| 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 23 June 2025
Table of Contents
Bajaj Housing Loan Against Property Interest Rates
| Loan Type | Interest Rates (p.a.) |
| Loan Against Property | 8.99%-18.00% |
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