Bajaj Housing Finance Limited (BHFL) provides home loans starting from 8.50% per annum for loan tenures of up to 40 years and loan amounts of up to Rs 5 crore. Depending on their credit profile, applicants may be eligible for higher loan amounts. BHFL also offers a balance transfer facility for existing home loan borrowers from other lenders. Existing Bajaj Home Loan borrowers can avail home loan top-up over and above their existing loan amount. BHFL provides an online home loan application facility for digital loan sanction within 10 minutes and aims to disburse home loans within 48 hours after verification. Additionally, BHFL offers pre-approved home loans with faster disbursal to select customers.
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Bajaj Housing Finance Highlights |
|
|---|---|
| Interest Rate | 8.50% p.a. onwards |
| Processing Charges | 0.3% onwards |
| Loan Amount | Up to Rs 5 crore |
| Loan Tenure | Up to 40 years |
Pre Approved Home loan | Check Eligibility & Apply Online
| Name of Lender | Up to Rs. 30 Lakh | Above Rs. 30 Lakh to Rs. 75 Lakh | Above Rs. 75 Lakh | |
|---|---|---|---|---|
| SBI Bank | 8.40% - 10.15% p.a. | 8.40% - 10.05% p.a. | 8.40% - 10.05% p.a. | Apply Now |
| HDFC Bank Limited | 8.40% p.a. onwards | 8.40% p.a. onwards | 8.40% p.a. onwards | Apply Now |
| Kotak Mahindra Bank | 8.70% p.a. onwards | 8.70% p.a. onwards | 8.70% p.a. onwards | Apply Now |
| ICICI Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Apply Now |
| Federal Bank | 8.80% p.a. onwards | 8.80% p.a. onwards | 8.80% p.a. onwards | Apply Now |
| L&T Finance Limited | 8.60% p.a. onwards | 8.60% p.a. onwards | 8.60% p.a. onwards | Apply Now |
| Bajaj Housing Finance | 8.50% p.a. onwards | 8.50% p.a. onwards | 8.50% p.a. onwards | Apply Now |
| LIC Housing Finance | 8.35% - 10.35% p.a. | 8.35% - 10.55% p.a. | 8.35% - 10.75% p.a. | Apply Now |
| PNB Housing Finance | 8.50% - 14.50% p.a. | 8.50% - 14.50% p.a. | 8.50% - 11.45% p.a. | Apply Now |
| Punjab National Bank | 8.45% - 10.25% p.a. | 8.40% - 10.15% p.a. | 8.40% - 10.15% p.a. | Apply Now |
| Bank of Baroda | 8.40% - 10.65% p.a. | 8.40% - 10.65% p.a. | 8.40% - 10.90% p.a. | Apply Now |
| IDFC First Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Apply Now |
| Tata Capital Housing Finance | 8.70% p.a. onwards | 8.70% p.a. onwards | 8.70% p.a. onwards | Apply Now |
| Axis Bank | 8.70% - 13.30% p.a | 8.70% - 13.30% p.a | 8.70% - 9.10% p.a. | Apply Now |
| Godrej Housing Finance | 8.55% p.a. onwards | 8.55% p.a. onwards | 8.55% p.a. onwards | Apply Now |
Also read: Best Home Loan in India
| Loan Type | Interest Rate (p.a.) |
|---|---|
| Top-up | 9.80% - 18.00% |
| Home Loan | 8.50% - 15.00% |
| Home Loan Balance Transfer | 8.60% - 15.00% |
| Loan Type | Interest Rate (p.a.) |
|---|---|
| Top-up | 10.00% - 18.00% |
| Home Loan | 9.10% - 15.00% |
| Home Loan Balance Transfer | 9.50% - 15.00% |
Purpose: Existing home loan borrowers of Bajaj Housing Finance can utilize the Home Loan Top-up facility, which allows them to borrow additional funds over and above their existing home loans. These funds can be used to cover personal expenses such as weddings, medical treatments, education, and more.
Loan Amount: Bajaj Housing Home Loan borrowers have the option to avail Top-up Home Loans for amounts up to Rs 1 crore. However, borrowers may also be eligible for higher loan amounts based on their individual eligibility criteria.
Purpose: Consumers have the option to avail an Online Home Loan from Bajaj Housing Finance for purchasing a home. The loan disbursal typically occurs within 48 hours after the submission of documents and approval of the loan application.
Loan Amount: The maximum loan amount available for availing a Bajaj Housing loan is Rs 5 crore. However, eligible applicants may also qualify for higher loan amounts from Bajaj Housing Finance.
Tenure: Up to 40 years
Existing home loan borrowers from other banks and Housing Finance Companies (HFCs) have the option to utilize the Bajaj Housing Finance Home Loan Balance Transfer facility. This service allows them to transfer their existing home loans to Bajaj Housing Finance at lower interest rates.
Purpose: Doctors have the option to avail the Bajaj Housing Finance Home Loan for Doctors to finance their home purchases. Additionally, they can transfer their existing home loans from other banks and HFCs to Bajaj Housing Finance at lower interest rates.
Loan Amount: Applicants of Bajaj Housing Finance loans can borrow loan amounts of up to Rs 5 crore. However, the HFC may offer higher loan amounts to eligible applicants based on their specific eligibility criteria.
Tenure: Up to 40 years
Also Read : Best Home Loan EMI Calculator
| Particulars | Charges |
|---|---|
| Processing fees | 0.3% onwards |
| Penal interest | Up to 2% penal interest |
| Secure fee | Up to Rs. 4,999 (one time) |
| EMI bounce charges | Rs. 3,000 |
| Prepayment charges | No prepayment charges for floating rate loans taken by individuals |
| Interest and principal statement charges | NIL |
| Loan statement charges | NIL |
| Foreclosure charges | No foreclosure charges for floating rate loans availed by individuals |
Also read: Best Home Loan Fees and Charges
For Salaried:
For Self-employed:
Also Read : Best Home Loan Eligibility
To apply for a Bajaj Housing Finance Home Loan, you'll typically need to provide the following documents:
Also Read : Best Home Loan Documents Required
Customer's gold ornaments are securely stored in a safe room constructed in compliance with government regulations. These rooms are equipped with electronic surveillance to ensure the protection of the gold.
Shriram Finance provides insurance for the gold kept as collateral by you. This ensures that in the event of theft, the borrower doesn't need to worry about the security of the gold.
The interest rate starts from 11.4% per annum (*p.a.) and you can select a loan tenure ranging from 1 month up to 12 months.
Salaried individuals, self-employed professionals, business owners, and other individuals aged between 18 and 75 years can apply for Shriram Finance Gold Loan.
The minimum age requirement is 18 years, and the maximum age limit is 75 years at the time of loan maturity.