Hi dear readers, hope you are doing well, today we will know about How to get Bajaj Finance Home Loan, Eligibility, Interest Rate, EMI Calculator, Minimum Salary, Civil Score and more details that we read in this article please read till the last.
If you want to apply for Bajaj Finserv Home Loan then this article is for you because in this article we will provide you complete information about Bajaj Finserv Home Loan.
Home is our little piece of heaven. Where we store our memories. Who does not want to have a house of his own ? But we desperately need money to build a house.
If you do not have money then you can take advantage of schemes like home loan. In this article, we will know what is Bajaj Finserv Home Loan, how much loan amount can we get under this loan, what is the interest rate of this home loan etc. For this you are requested to read this article till the end.
Bajaj Finance Home Loan 2024
Anyone can take a home loan to build a house, buy a house or renovate a house. Bajaj Finserv Provides home loan to the customers at attractive interest rates. Bajaj Finance Home Loan To get it, you have to apply in it, which you can do online or offline.
Home loan comes under the category of secured loan. To avail this loan, you have to give a guarantee to the lender. With Bajaj Finserv you can get tenure up to 30 years Home Loan can take run by the government of India You can get the benefit of interest subsidy under the Pradhan Mantri Awas Yojana .
When you transfer your existing home loan, you can also select the option of top-up loan. Home loan amount of the applicant CIBIL Score depends on factors like his income, age. The higher your credit score, the higher the loan amount you can get. You can apply for a Bajaj finance home loan with simple eligibility conditions and minimal documentation.
If you want to get Personal Loan from Bajaj Finserv then you can apply for Personal Loan by clicking on this link “ Bajaj Finserv Personal Loan ”.
Key Features of Bajaj Finance Home Loan
- Loan Name: Bajaj Finance Home Loan 2024
- Lender Name: Bajaj Finserv
- Interest Rate: Starting from 8.30% pa
- Loan tenure : 30 years
- Application Mode: Online / Offline
- Official Website: https://www.bajajfinserv.in/
Bajaj Finance Home loan Interest Rate 2023
Applying for a home loan, you should know that Bajaj Finance Home Loan Interest Rate. Interest rate plays an important role while calculating the home loan EMI.
If the interest rate is higher then the EMI amount of your loan will also be higher. Bajaj Finserv home loan interest rates start at 8.30% per annum.
Before taking personal loan Personal Loan Interest Rate Similarly, before taking a home loan, it is important to know about Home Loan Interest Rate It is very important to have information about At present, the home loan interest rates on various products are given in the table below:
| Type of employment | the product | home loan rate |
| Salaried | Home Loan | 8.30% |
| Salaried | Home Loan Balance Transfer | 8.30% |
| Salaried | Home Loan TOP UP | 8.30% |
| Self employed | Home Loan | 8.55% |
| Self employed | Home Loan Balance Transfer | 8.55% |
| Self employed | Home Loan TOP UP | 8.55% |
Bajaj Finserv Home Loan offers you two types of interest rates. Bajaj Finserv offers Home Loans at Fixed rate of interest and Floating rate of interest.
Fixed rate of interest:
This rate of interest is fixed for the entire loan tenure. This allows you to estimate the total repayment liability and interest charges at the beginning of the loan tenure. Fixed rates are usually 1-2.5% higher than floating interest rates.
Floating rate of interest:
Unlike fixed interest rate, floating home loan interest rates are variable and the tenure of the loan changes due to several contributing factors. The floating interest rate on the home loan keeps on increasing or decreasing depending on the benchmark rate associated with the housing finance. You can select the option of floating interest rate while taking a home loan.
Benefits and Features of Bajaj Finance Home Loan
- Any salaried person and self employed person can apply for home loan.
- You can take this home loan for a period of up to 30 years.
- Bajaj Finserv Home Loan The interest rate starts from 8.30% per annum.
- You can also take advantage of interest subsidy on home loan under Pradhan Mantri Awas Yojana.
- Whether you are looking to buy, build or renovate a home, you can apply for a Bajaj Finserv Home Loan.
- The loan amount depends on factors like your credit score, your income.
- Salaried person can apply for home loan up to Rs 3.5 crore and self-employed person up to Rs 5 crore.
- You can do EMI calculator by visiting the bank’s official website.
Some of the salient features of Bajaj Finance Home Loan are as follows:
Pradhan Mantri Awas Yojana (PMAY): Under the Pradhan Mantri Awas Yojana being run by the Government of India, the beneficiary can get the subsidy on the home loan.
Easy Balance Transfer Facility: With Bajaj Finance Home Loan you can refinance your existing home loan with minimal documentation and faster processing. You can apply for home loan transfer and avail top -up loan at nominal interest rate.
Top-up loan: You can avail a high value top-up loan along with your existing housing loan to meet your needs. You can take advantage of top-up loan without any additional documents and at low interest rate.
Property Documents: Get a customized report to guide you through all the legal and financial aspects of owning a property.
Part-Prepayment and Foreclosure Options: You can pay off your home loan ahead of time. The facility of part-prepay or foreclose of loan against gold is provided at zero charges. Traders and builders can also get top-up loans without any extra charges.
Minimum Documents: The Bajaj Finserv Home Loan application process is very simple. You can apply for this home loan with less documentation.
Customized Insurance Plans:
We offer customized insurance plans to protect your family from the burden of repaying the home loan in case of unforeseen events.
Bajaj Finance Home Loan Eligibility
If you are eligible for this home loan then only you can apply for it. The eligibility for this home loan is given here:
- Any salaried person ( salaried person) and self employed (self -employed ) can apply for home loan.
- Any Indian citizen with good financial profile can apply.
- Age limit for salaried person – 23 to 62 years should be.
- Age limit for self employed – should be between 25 to 70 years.
- Salaried person should have at least 3 years work experience.
- Self-employed person should have at least 5 years of work experience.
- Applicant’s CIBIL score should be 750 or above.
- The minimum income of the person applying should be Rs 25,000.
Documents Need for Bajaj Finance Home Loan
applying for a home loan, you should do all your documents together. Because whenever the bank asks for a document from you, you can give this document to them immediately. The documents to apply for Bajaj Finance Home Loan are as follows:
- passport size photo
- KYC documents
- Identity Proof (PAN Card/Driving License/Voter ID Card/Passport)
- Address Proof (Electricity Bill/Water Bill/Telephone Bill/Passport/Aadhar Card/Voter ID Card/Driving License)
- Other documents: Proof of business continuity of 5 years (for self-employed individuals)
- Income proof ( latest salary slip or Form 16 bank account details of last 6 months)
- You may require additional documents while applying.
Bajaj Finserv Home Loan Apply
If you have read this article completely then you must have come to know whether you are eligible for this home loan or not. If you are eligible for this home loan then you can apply online or offline in it. The process to apply is given here.
- First of all you have to visit the official website of Bajaj Finserv https://www.bajajfinserv.in/.
- On the home page of the website, you will see the option of home loan, click on it.
- On the next page, all the information related to home loan will come in front of you.
- You have to click on apply now option .
- The form will open in front of you.
- All the information asked in the form has to be entered correctly and submit the form.
- After that the bank will contact you and will proceed with the loan process.
- A Bajaj Finserv representative will get in touch with you for your pre-approved offer. You can also avail a Home Loan by visiting your nearest Bajaj Finserv branch.
Bajaj finance home loan customer care number
If you are facing any kind of problem in applying for home loan or you want to get more information about home loan, then you Bajaj Finance Home Loan Customer Care Number can contact on To know the Bajaj Finance Home Loan customer care number, follow the steps given here:
- First of all you have to visit the official website of Bajaj Finserv.
- On the home page of the website, you will get the option of Contact Us https://www.bajajfinserv.in/home-loan-contact-details Click on it will appear.
- On the next page, you will get customer care numbers on which you can contact.
My Final Word:
In this article we have you Bajaj Finserv Home Loan Provided complete information about Any person can apply for this home loan. You can take a home loan to build a house, renovate a house or buy a house.
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FAQs on Bajaj Finserv Home Loan
Q. What is Bajaj Finserv Home Loan ?
Ans. Under home loan, a loan is provided by the bank to the people to build their house at an attractive interest rate. This loan amount can be used by the customer to build a house, buy a house or renovate the house.
Q. What is the tenure of this home loan ?
Ans. The tenure of this loan is up to 30 years.
Q. What is the Bajaj Finserv Home Loan interest rate ?
Ans. 8.30% per annum.
Q. Up to what loan amount can I get a home loan from Bajaj Finserv ?
Ans. The bank provides you the home loan amount based on your income. But you can get home loan up to Rs 5 crore from this bank.
Q. What should be the age of the applicant to apply ?
Ans. Must be 23 to 70 years old.
Q. What should be the minimum income of the applicant to apply ?
Ans. The minimum income of the applicant should be Rs 25,000.
Q. How to apply for Bajaj Finserv Home Loan ?
Ans. The complete procedure to apply is given in this article. You can apply for this home loan by reading this article.
Q. What should be your CIBIL score to apply for this home loan ?
Ans. Must be 750 or more.
Q. Can I take a loan from Bajaj Finserv under Pradhan Mantri Awas Yojana ?
Ans. Yes, you can get a home loan from Bajaj Finserv under the PM Awas Yojana run by the Government of India.