Home Loan

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Home Loan

Features and Benefits

We deploy technology and apply innovation to create unique and compelling propositions that help you do what you always wanted to do. Hereunder are a host of unique features and benefits that you enjoy with Home Loans from Bajaj Finserv. Most of these features are industry firsts and come only with our portfolio of offerings. Read on to know more:

Instant Online Approvals

Now get instant approvals of upto Rs.5 Crore on your Home loan through our online facility. No need to go to any branch. From wherever you are, simply log onto the online section, fill an online form and within 5 minutes, get approval on your application. It is as simple as 123.
Click Here to apply online


If you have purchased your property within the last 12 months by using own source of funds, you can avail of our refinance option and take a loan up to the registered value of your property.

Part Prepayment facility

You can prepay any amount per prepay transaction being not less than 3 EMIs. There is no limit on the maximum amount. This is subject to your clearing your first EMI

Nil Foreclosure charges

Now you can choose to foreclose your loan anytime during your loan tenure without paying any foreclosure charges.

Online Account Access

View all information and transact on your loan account on our Customer Portal Raise requests and queries too. Just log in with your Username/Email ID/Mobile Number and access any information you want about your loan.

3 EMI free Months

Bajaj Finserv focuses on the ease of repayment through multiple flexible options that make it easier for the customer to repay their loans.

Most of the savings of a Salaried customer are invested in his/her own contribution and registration / stamp duty etc. Even after stretching for maximum loan tenors, the EMI burden is a significant outflow and forms the biggest monthly outflow component. A 3 month EMI grace period will help manage / plan monthly expenses and give a cushion to the customer to plan his finances.

Cash Flow planning for a self employed customer is most critical for his business / financials. A 3 month EMI holiday will help plan his cash flow better and reinvest the same in his business. For Balance Transfer cases, a customer paying the EMIs to the BT Bank gets a 3 month breather in cash outflows which would help in his financial planning.

This scheme would ensure our customers are comfortable during the first 3 months post the property transaction.


Particulars In normal Scheme In EMI Holiday Scheme
Home Loan amount 10,000,000 10,000,000
EMI Holiday offered - 3
Revised Tenor 240 237
EMI 99,167 102,154

To know more, click here

Eligibility and Documents

You are an Indian Resident
You are at least 28 years of age when the loan is sanctioned
You are a salaried individual with a work experience of 5 years or more

Cities Minimum Property Value (in lacs) Minimum Loan Amount (in lacs) Minimum Net salary per annum (in Lacs) Minimum Net salary per month (in thousands)
Delhi, Mumbai 65 50 9.6 80
Bangalore & Chennai 50 40 7.2 60
Hyderabad, Kolkata, Pune, Ahmedabad 40 30 5.4 45

Fees and Charges

Types of fees Charges Applicable
Processing Fees 0.5% of the loan amount for Salaried Individuals
EMI bounce charges Rs.1,000 for every bounce
Penal Interest 2.00% p.m
Foreclosure Charges * NIL

*Applicable following 1st EMI clearance.

Property Search Services

Searching for the perfect property is a task that requires guidance, at each step. We want to ensure that you get the best possible assistance right from search to purchase.

Click here to share your details and our Relationship Manager will get in touch with you.

Selecting a property through us brings you a bundle of benefits:

  • Access to structured real estate market information through newsletters and reports
  • Property search through the most credible, trained resources
  • Periodic updates on newly launched properties
  • Option of funding your property requirements from Bajaj Finserv
  • Special offers only for Bajaj Finserv customers
  • ‘Property Helpline’ to answer your real estate queries
  • Property valuation services at a preferential tariff

Interior Design Consultancy Services

At Bajaj Finserv, we understand your needs and are in the business of crafting only the finest products and services with you in mind. In pursuit of bettering our best, we’re delighted to announce yet another privilege for you with pocket-friendly Interior Design Consultancy services - an industry first, exclusively for our Home Loan customers.

We've partnered with 24 professional Interior Designers across 6 cities, bringing their design expertise to create your home.

Features & benefits of this service

*A Home Loan + is provided at the sole discretion of Bajaj Finserv, guided by internal policies and criteria

  • An industry first initiative giving you exclusive access to professional home designers in six leading cities in India - Bengaluru, Chennai, Delhi, Hyderabad, Mumbai and Pune
  • The advantage of access to skilled, professional services at half the price
  • An end to end home solution right from white label property search services, finance for your dream home, and now, interior design consultancy services too
  • Easy, online access to select an Interior Designer, through our customer portal, Experia

*Total Loans are provided at the sole discretion of Bajaj Finserv, guided by internal policies and criteria

How to apply

  • You will receive a Customer ID and Password for access to your loan account on our Customer Portal post approval of your Home Loan
  • You could access profiles of the Interior Designers on the Customer Portal and make a selection
  • You would then need to agree to the terms and conditions of the service and submit the application
  • An email will be sent to you confirming your application on your registered email ID
  • Post this, the Interior Designer / Partner will contact you


  • If you are a Home Loan or a salaried Home Loan customer of Bajaj Finserv in any of the 6 locations - Bengaluru, Chennai, Delhi, Hyderabad, Mumbai and Pune
  • This offer is valid on ready-to-move-in property and under-construction properties (where the loan is fully disbursed)
  • This offer is not valid on plots, plots under construction and self-construction cases


What services would the Interior Design Consultancy package cover?

  • Site visits - a site visit is done where the designer will meet the client personally, assess the site, understand client requirements which could then be transformed into concepts and plans
  • Survey & create a floor plan** - if the client does not have a blue print of the space, the designer would need to arrange a survey, post which a floor plan is drawn to scale. This floor plan will give the client a top view showing the relation between and placement of the various spaces and rooms. In most cases a floor plan is provided by the builder..
  • Furniture layout - this layout depicts the placement of furniture within the space - the designer will submit at least 2 furniture layouts depicting position of furniture and accessories like cabinets, upholstery, rugs etc.
  • Moodboards - are a collage/ composition comprising text and image of various materials, textures, colors creating a look and feel of the home.

**Most property developers provide floor plans to their clients. In this case a survey may not be required to create a revised floor plan.

Monthly Real Estate Report

Our partnership with Jones Lang LaSalle gives comes with an exclusive bundle of benefits, one of which is a monthly all-India property research report released by JLL. This report contains all you need to know about the latest trends in real estate across all major cities in India


Monthly real estate report from Jones Lang LaSalle

December 2013

Monthly real estate report from Jones Lang LaSalle

November 2013

Monthly real estate report from Jones Lang LaSalle

October 2013

Monthly real estate report from Jones Lang LaSalle

September 2013

Monthly real estate report from Jones Lang LaSalle

August 2013

Monthly real estate report from Jones Lang LaSalle

July 2013

Monthly real estate report from Jones Lang LaSalle

June 2013

Monthly real estate report from Jones Lang LaSalle

May 2013

Monthly real estate report from Jones Lang LaSalle

April 2013

Monthly real estate report from Jones Lang LaSalle

March 2013

Monthly real estate report from Jones Lang LaSalle

February 2013

How to Apply

To apply for a Home Loan just call us toll free on 1800 209 4151

Frequently Asked Questions

Q1. What is the maximum amount I can get as Home Loan from Bajaj Finserv?

A.We offer up to Rs.15 Crores as Home Loan for Self Employed customers and up to Rs.10 Crores for Salaried customers..

Q2. How do you determine my eligibility for a loan and the loan amount?

A. We consider the following factors to determine eligibility and loan amount

  • Age
  • Income
  • Valuation of Property (Fair market value)
  • Existing obligations, if any
  • Stability/Continuity of employment/Business

Q3. Can I get approval for home loan without finalizing on my property?

A. Yes, based on your income eligibility, we can offer you in-principle approval for your Home Loan. Based on this, you can identify the property you need to buy. The final sanction of your Home Loan will be based on the assessment of the identified property.

Q4. What is the maximum tenure that I can select for my Home Loan?

A. We offer a maximum repayment tenure of up to 20 years for Self Employed customers and up to 25 years for Salaried customers.

Q5. How is the interest calculated on my Home Loan?

A. The interest is calculated on monthly reducing balance at the prevailing rate of interest of your loan. Bajaj Finserv offers Floating Interest Rates linked to the internal Floating Reference Rate (referred to as BFL FRR).

Q6. On what basis does the internal FRR change?

A. Internal FRR is the benchmark reference rate. This is determined based on the market conditions and the cost of funds for the company. This changes depending on various external factors and economic conditions.

Q7. How often do Interest rates change?

A. As per our re-pricing policy, interest rates are reviewed quarterly and a decision is taken whether to change the interest rates or keep it unchanged.

Contact us

Not yet an existing customer?

Visit a branch, call us on 18001033535 or SMS 'HL' to 9773633633 or give a Missed Call to 9222209963

For Existing Customers

IVR – Toll Free

  • Dial 18001033535
  • Enter your 7-digit BFL Customer ID
  • Select from various IVR options
  • Access IVR in 10 languages: English, Hindi, Bengali, Marathi, Punjabi, Gujarati, Tamil, Telugu, Kannada and Malayalam
  • Access all your loan details


Write to us at wecare@bajajfinserv.in to clear all your queries

SMS Updates

SMS  <<keyword below>> to +91 92275 64444
GETEMAIL for your current email address
UPDEMAIL <New email> to update your email address
GETADD for your current registered email address
CUSTID to know your customer ID
LAN to know your Loan Account Number
EMI LAN to know your loan/ EMI details
Customer Portal to know your Customer Portal user ID and password
PIN to know your 4 digit EMI card PIN
FEEDBACK to give your valuable feedback
SAT Y Give a positive feedback
SAT N to give a negative feedback
(Your mobile number should be registered with us for this facility). Standard SMS Charges applicable

Visit Our Branch

  • Change of mode of payment (swapping)
  • Purchase/cancellation of Insurance policy
  • Foreclosure of loan
  • Refund

To know the address of your nearest branch Click here

Customer Portal

  • Visit www.bajajfinserv.in
  • Select 'Customer Portal ' from the login option
  • Log in with your Username/Email/Mobile Number and Password
  • Access all loan details
  • Transact on your loan account
  • View special offers

Agreements and T&C

Repricing Policy

The floating interest rate for Home Loan is linked to the internal Floating Reference Rate. It is the benchmark reference rate for Bajaj Finance Limited and is determined based on the prevalent market conditions and the cost of funds, as the cost of funds reduces/increases or as market conditions change internal FRR may be increased or reduced. The current FRR is 20.15% effective 1st March 2014. Any revision in this rate would impact the interest rate on the floating interest rate loans. The increase/decrease in the Interest rate will by default increase/decrease the loan tenure up to permissible as per BFL norms. In case of increase in interest rate, if you want to retain your existing EMI/Tenure, you will have an option of making a part prepayment and keeping your EMI/Tenure constant. No additional charges would be levied for the same. The communication on the changes (Increase/decrease) in the rate of interest would be sent by letter / mail.

Proactive Repricing Policy

During the entire tenure of your loan, under no scenario will your rate of interest exceed by 0.75% over the last quarter average Bajaj Finance acquisition rate. The pricing increase happens only in the scenario of an increase in the Cost of Funds and this policy is being put in place as a proactive measure to ensure that there is no inordinate increase in your loan pricing against new acquisitions and there is always parity for your loan.

If a customer rate of interest exceeds the current BFL last quarter average acquisition rate by 0.75%, then such cases are reviewed every year in April and October and proactive correction is done in the rate by bringing it down to BFL last quarter average acquisition rate + 0.75%. For example if a customer Loan Account rate of interest is 12.25% in April/October v/s our last quarter average acquisition rate of 11.00% then in April / October we will review the same and revise the customer loan account rate of interest downwards equal to BFL last quarter average acquisition rate + 0.75%. i.e. 11.75% without any reduction in BFRR. This is done by increasing the spread / margin between your rate and BFRR.

Applicable to:-

  • Salaried Home Loans
  • Self Employed Home Loans

Exclusions:-Customer who will not be part of this policy

  • Less than 6 EMI Paid Loan Accounts
  • Flexi Saver Loans
  • Plot Loans
  • Loan Accounts where there are 3 or more EMI’s are dishonoured in last 12 months prior to Proactive Repricing day
  • Loan Accounts who have ever delayed EMI Payment by more than 30 Days during tenure of the loan

Financial Fitness Report

We launched the Financial Fitness Report (FFR) for our Salaried customers in December 2013.
Through this report we would educate and create financial and credit awareness among Salaried customers, one of our many value added services we provide. We have partnered with a firm called Credit Vidya who possesses the expertise in preparing the FFR for our customers.

The FFR is a concise, crisp, customized and easy to understand report, available at just Rs.749, for select existing customers, covering the following:

  • A customers’ Credit Score
  • Demystifying the credit score for the customer and informing him about his performance across various components of the score
  • Key monetary ratios & savings potential which would provide awareness to a customer about his financial leverage
  • Recommendations to the customer with respect to his credit behavior
  • DO’s & DON’T’s of good credit behavior

Click here to view a sample copy of the report

How to Apply

The Financial Fitness Report is only available to select existing customers who have an offer on our Customer Portal.
To view the FFR offer, a customer must log in to the Customer Portal with a Username/Email ID/Mobile Number and Password.

Alternately a Salaried customer could seek information about the FFR from our Sales / Credit Manager during the Personal loan application process. The report for a new customer is priced at 999/-
Post application for a FFR, the report is generated within 3 days post disbursal of the loan and emailed to the customer on the email ID provided by him/her.