Owning a home is a dream for many, and Bajaj Finserv Home Loan makes it possible with attractive interest rates, high loan amounts, and flexible repayment options. Whether you are a salaried individual or a self-employed professional, Bajaj Finserv provides home loans up to ₹5 crore to help you buy, construct, or renovate your property.
This article covers the features, interest rates, eligibility, documents required, and charges associated with Bajaj Finserv Home Loans to help you make an informed decision.
Key Features of Bajaj Finserv Home Loan
Loan Amount: Up to ₹5 crore
Interest Rates: Starting from 8.50% per annum
Loan Tenure: Up to 40 years
Processing Fee: Up to 1% of the loan amount + GST
Minimal Documentation: Online application with quick approval
Balance Transfer Facility: Transfer your existing loan at a lower interest rate
Top-Up Loan: Avail additional funds without extra documentation
Bajaj Finserv Home Loan Interest Rates & Charges
| Particulars | Details |
|---|---|
| Interest Rate | 8.50% – 14% p.a. |
| Loan Amount | Up to ₹5 crore |
| Loan Tenure | Up to 40 years |
| Processing Fee | Up to 1% of the loan amount + GST |
| Foreclosure Charges | Nil for individuals with floating interest rates |
| Part-Payment Charges | Nil for floating rate loans |
| Late Payment Charges | 2% per month on overdue EMI |
| EMI Bounce Charges | ₹3,000 per bounce |
| Legal & Valuation Charges | As per actuals |
Eligibility Criteria for Bajaj Finserv Home Loan
| Criteria | Salaried Applicants | Self-Employed Applicants |
|---|---|---|
| Age | 23 – 70 years | 25 – 75 years |
| Minimum Income | ₹25,000 per month | ₹5 lakh annual turnover |
| Employment Type | Public/Private Sector Employees, Government Employees | Business Owners, Freelancers, Professionals |
| Work Experience | Minimum 3 years | Minimum 5 years in business |
| Credit Score | 750+ | 750+ |
| Property Location | Loan available in major cities & towns in India |
Documents Required
| Document Type | Accepted Documents |
|---|---|
| Identity Proof | Aadhaar Card, PAN Card, Passport, Voter ID |
| Address Proof | Aadhaar Card, Utility Bill, Passport, Rental Agreement |
| Income Proof | Salary Slips (Last 3 Months), Bank Statements (Last 6 Months), ITR Returns |
| Employment Proof | Employee ID Card, Offer Letter, Business Registration Certificate (for self-employed) |
| Property Documents | Sale Agreement, Approved Building Plan, Property Title Deed |
Why Choose Bajaj Finserv Home Loan?
- Competitive Interest Rates – Starting from 8.50% p.a.
- Flexible Repayment Tenure – Up to 40 years for easy EMIs
- No Hidden Charges – Transparent loan processing with no surprises
- High Loan Amount – Borrow up to ₹5 crore based on eligibility
- Zero Prepayment Charges – For floating-rate home loans
- Quick Processing & Disbursal – Instant loan approval with minimal paperwork
Bajaj Finserv Home Loan EMI Calculation
Your home loan EMI depends on three main factors:
- Loan Amount – Higher loan amounts lead to higher EMIs.
- Interest Rate – A lower rate reduces EMI payments.
- Loan Tenure – Longer tenure lowers the EMI but increases total interest paid.
Example EMI Calculation
| Loan Amount | Tenure | Interest Rate | EMI (Approx.) |
|---|---|---|---|
| ₹30 lakh | 20 years | 8.50% p.a. | ₹26,035 |
| ₹50 lakh | 25 years | 9.00% p.a. | ₹41,961 |
| ₹1 crore | 30 years | 9.50% p.a. | ₹84,073 |
Use the Bajaj Finserv Home Loan EMI Calculator to estimate your monthly installments based on different loan amounts and tenures.
Conclusion
Bajaj Finserv Home Loan is a smart choice for individuals looking to finance their dream home with flexible repayment options, competitive interest rates, and high loan amounts. Whether you need a loan for purchasing a home, constructing a house, or renovating your property, Bajaj Finserv provides quick approval and minimal paperwork.
Looking for the Best Home Loan? Bravima Solution Can Help!
At Bravima Solution Pvt Ltd, we help customers find the best NBFC home loans from trusted lenders like Bajaj Finserv. Contact us today and get expert assistance in securing your dream home loan.
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