Latest Smartphones

EMI STORE

sample textSmartphones ₹930/month
sample textZero downpayment, Four Hour delivery

Smart appliances

EMI STORE

sample textZero Downpayment
sample text24-hour delivery with Free installation

Latest Gadgets

EMI STORE

sample textLatest gadgets on lowest prices
sample textZero downpayment, 4 hour delivery

Personal loan

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Personal loan

sample textWe do not have a pre-approved offer for you currently. To complete your personal loan application, please visit the link below
  • Please share your monthly salary (in Rs.)

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  • Please select your date of birth

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Features and benefits

Top-up Loan

Hassle-free top-up loans at attractive interest rates

mortgage loan in india

Easy Balance Transfer Facility

Transfer your existing Home Loan, for lower interest rates

Part-prepayment and Foreclosure Facility

No additional charges will be levied.

How to Avail

01

Share your basic details

and request your OTP to log in.

02

Find your pre-approved offer

on your Home Loan, instantly.

03

Get pre-approved in an instant

with faster loan disbursal

Documentation

To avail pre-approved Home Loan by Bajaj Finserv, you need to provide the following documents:

  • KYC Documents
  • Address Proof
  • Identity Proof
  • Photograph
  • Form 16 or latest salary slips (For Salaried Individuals)/ ITR Document and P&L Statement of last 2 years (For Self-employed individuals)
  • Bank account statements of the previous 6 months

Interest Rate and Charges

Here’ a look at the Interest Rate and Charges applicable on your Home Loan:

Home Loan: Other Fees and Charges

TYPE OF FEES CHARGES APPLICABLE
Processing Fee Up to 6% of the loan amount
Loan Statement Charges Nil
Interest and Principal Statement Charges Nil
EMI Bounce Charges Up to Rs. 3,000/-
Penal Interest Up to 2%
Secure Fee Up to Rs. 4,999 (One time)
 

*Applicable following the first EMI clearance.

Interest Rate for Salaried Borrowers

Benchmark Rate (BR) Prevailing BR Loan Type Rate Type BR + Spread Effective Rate of Interest (per annum)
Repo Rate (RR) 4.00% Home Loan Floating RR+ 2.75% to RR+ 8.00% 6.75% to 12.00%
Repo Rate (RR) 4.00% Top-up Floating RR+ 2.75% to RR+ 8.00% 6.75% to 12.00%
Salaried Floating Reference Rate (SAL-FRR) 12.90% Home Loan Floating FRR-6.15% to FRR +1.10% 6.75% to 14.00%
Salaried Floating Reference Rate (SAL-FRR) 12.90% Top-up Floating FRR-6.15% to FRR +2.10% 6.75% to 15.00%
Salaried Floating Reference Rate (SAL-FRR) 12.90% Loan Against Property Floating FRR-4.65% to FRR +0.90% 8.25% to 15.00%
 

Interest Rate for Self-Employed Borrowers

Benchmark Rate (BR) Prevailing BR Loan Type Rate Type BR + Spread Effective Rate of Interest (per annum)
Self-Employed Reference Rate (SE-FRR) 13.3% Home Loan Floating FRR -5.05% to FRR +0.70% 8.25% to 14.00%
Self-Employed Reference Rate (SE-FRR) 13.3% Top-up Floating FRR -5.05% to FRR +1.70% 8.25%* to 15.00%*
Self-Employed Reference Rate (SE-FRR) 13.3% Loan Against Property Floating FRR -4.80%* to FRR +4.70%* 8.50%* to 18.00%*
 

Disclaimer

● Bajaj Housing Finance charges an additional rate, called ‘spread,’ over the benchmark rate to arrive at the final lending rate. The spread varies on the basis of various parameters, including the bureau score, profile, segments, and approval from competent authorities, among others.
● The above-mentioned rates are applicable to new loans sanctioned after August 2020 and not applicable to existing loans.
● BHFL FRR was applicable on all types of loans booked by Bajaj Housing Finance till March 2018; however, it is only applicable to unsecured loans since April 2018.
● The above benchmark rates are subject to change. Bajaj Housing Finance will update the current benchmark rates on this website in the event of a change.

Home Loan Part Prepayment Charges and Foreclosure Charges
Floating Rate Loans: If all Borrowers and Co-Borrowers are Individuals

BORROWER TYPE: INDIVIDUAL TERM LOAN FLEXI TERM LOAN
Time Period (Months) >1 >1
Foreclosure Charges Nil Nil
 

Floating Rate Loans
Floating Rate Loans: If any borrower or Co-borrower is a Non-Individual

BORROWER TYPE: NON-INDIVIDUAL TERM LOAN FLEXI LOAN
Time Period (months) >1 >1
Foreclosure Charges 4% * on Principal Outstanding 4%* on the Sanctioned Amount during the Flexi Interest Only Loan Repayment Tenor;and 4%* on the available Flexi Loan Limit during the Flexi Term Loan Tenor
Part Payment Charges 2% * on the Part- Payment Amount NA
 

* GST as applicable will be payable by the Borrower in addition to the Prepayment Charges