Dhanteras marks the beginning of Diwali festivities, a time synonymous with prosperity and new beginnings. It is an auspicious occasion for investments, especially in real estate. Bajaj Finserv Home Loan Dhanteras offers provide an excellent opportunity for homebuyers to avail of affordable financing solutions. With competitive interest rates, flexible repayment tenures, and minimal processing fees, Bajaj Finserv ensures that your dream of owning a home becomes a reality this festive season.
What is Dhanteras Festival?
Dhanteras, also known as Dhanatrayodashi, is a widely celebrated Hindu festival marking the onset of Diwali. Observed on the thirteenth lunar day of Krishna Paksha in the month of Kartik, it is a day dedicated to wealth, health, and prosperity.
Significance of Dhanteras
Celebration of wealth: The term ‘Dhanteras’ combines ‘Dhan,’ meaning wealth, and ‘Teras,’ referring to the thirteenth day.
Honouring deities: Worship of Lord Dhanvantari, the God of Ayurveda, and Goddess Lakshmi, the Goddess of wealth, is central to this festival.
Symbol of prosperity: The day signifies the importance of wealth in sustaining happiness and security in life.
Rituals and traditions
Purchasing precious items: It is customary to buy gold, silver, utensils, or even gadgets, symbolising an invitation to fortune and abundance.
Lakshmi Puja: Homes are decorated, lamps are lit, and prayers are offered to invoke the blessings of Goddess Lakshmi.
Cleaning and decorations: On this day, houses are cleaned thoroughly and adorned with rangoli and diyas at the entrance.
Dhanteras is a harmonious blend of spirituality and tradition, highlighting prosperity and well-being. It sets the tone for the grand Diwali celebrations ahead.
Why Do People Buy Gold and Silver on Dhanteras?
On Dhanteras, many families follow the tradition of purchasing gold and silver—this custom is steeped in symbolism and belief. According to Hindu traditions, buying precious metals like gold and silver on Dhanteras is seen as a way to welcome prosperity into one’s home.
Gold and silver are regarded as tangible symbols of wealth and fortune. When one brings home a new piece of jewellery, a coin, or a bar of these metals on this auspicious day, it’s believed that wealth, luck, and stability follow. The special timing of Dhanteras—marking the start of the five-day Diwali festival—adds to the significance, as the fresh purchase aligns with the theme of new beginnings and auspicious starts.
Another story ties this custom to an ancient legend: a prince’s life was saved when his wife placed gold and silver near him and lit oil lamps, thereby protecting him from the god of death. This myth gives the act of buying and placing shining metals a protective quality.
In short, the purchase of gold and silver on Dhanteras goes beyond mere shopping—it’s a ritual meant to summon good fortune, safeguard against negativity, and set a prosperous tone for the festival ahead.
Why is Dhanteras the perfect time to apply for a home loan?
Dhanteras holds immense cultural significance in India as it is considered an auspicious day for new purchases and investments. Traditionally associated with wealth and prosperity, Dhanteras is the ideal time to take significant financial steps like buying a home.
During festivals, banks and NBFCs, including Bajaj Finserv, offer special interest rates and discounts on home loans. Builders also provide festive deals, such as price reductions, freebies, and additional benefits, making it a buyer’s market.
What is a home loan and how does it work?
A home loan is a financial product designed to help individuals purchase residential property without paying the full amount upfront. It is a secured loan where the property acts as collateral. The loan amount, known as the principal, is repaid in equated monthly instalments (EMIs) over the tenure, which can range from 10 to 32 years.
The EMI includes both the principal and interest components. For instance, if you avail of a Rs. 50 lakh home loan for 20 years at an interest rate of 7.15%* p.a, your monthly EMI would be approximately Rs. 40,315. You can use Bajaj Finserv’s EMI Calculator to plan your finances effectively and choose a tenure that suits your repayment capacity.
What is the Dhanteras home loan offer from Bajaj Finserv?
This Dhanteras, Bajaj Finserv is offering exclusive benefits on home loans to make property ownership more accessible. Key features of the offer include:
- Interest Rate: Starting at 7.15%* p.a
- Minimal Processing Fees: Up to 4% of the loan amount.
- Quick Approvals: Instant approvals and fast disbursal options.
- Flexible Tenure: Choose repayment tenure up to 32 years
- Limited-Time Offer: Available only during the festive season.
These attractive features ensure that you can secure a home loan with ease while enjoying significant savings.
Why is Dhanteras the perfect time to apply for a home loan?
Dhanteras holds immense cultural significance in India as it is considered an auspicious day for new purchases and investments. Traditionally associated with wealth and prosperity, Dhanteras is the ideal time to take significant financial steps like buying a home.
During festivals, banks and NBFCs, including Bajaj Finserv, offer special interest rates and discounts on home loans. Builders also provide festive deals, such as price reductions, freebies, and additional benefits, making it a buyer’s market.
Moreover, surveys indicate that homebuyers feel more confident during the festive season, as they can avail of better deals and favourable financing options. With Bajaj Finserv’s Dhanteras home loan offer, you can secure your dream home at an affordable cost.
Top benefits of buying a home during Dhanteras
Purchasing a home during Dhanteras comes with several advantages:
- Festive Discounts: Builders often offer price reductions, waived stamp duty, and freebies like modular kitchens or home décor items.
- Tax Benefits: You can claim deductions under Section 80C for principal repayment and Section 24(b) for interest paid on your home loan.
- Special Offers: Builders may bundle gold coins, furniture, or appliances with home purchases during Dhanteras.
- Increased Inventory: Many builders launch new projects during the festive season, providing buyers with more options.
These benefits make Dhanteras the perfect time to invest in real estate and secure your dream home.
Key benefits of choosing Bajaj Finserv home loan this Dhanteras
Bajaj Finserv stands out as a trusted home loan provider with several unique benefits:
- Competitive Interest Rates: Starting at 7.15%* p.a for salaried borrowers.
- Pre-Approved Loan Offers: Faster approvals for existing customers.
- End-to-End Digital Process: Apply online seamlessly with minimal documentation.
- Zero Hidden Charges: Transparent fees and charges ensure no surprises.
- Trusted Brand: Bajaj Finserv’s extensive presence and reliable customer support make it a preferred choice for home loans.
These features make Bajaj Finserv the ideal partner for your home financing needs during Dhanteras. Get started by entering your mobile number and OTP to check your home loan offer instantly.
Who can apply? Eligibility criteria for Bajaj Finserv home loan
To avail of Bajaj Finserv’s Dhanteras home loan offer, you need to meet the following eligibility criteria:
- Residency: Must be an Indian resident.
- Age: Salaried individuals aged 23–67 years or self-employed professionals aged 23–70 years.
- Income Proof: Stable income supported by salary slips or profit and loss statements.
- CIBIL Score: Minimum score of 725.
- Documents: Identity proof, address proof, 6-month bank statements, and property-related documents.
Meeting these criteria ensures a smooth loan application process and quick approval.
How to apply for the Bajaj Finserv Dhanteras home loan offer
Applying for Bajaj Finserv’s Dhanteras home loan offer is simple and hassle-free. Follow these steps:
- Use the Home Loan Eligibility Calculator to assess your loan options.
- Submit your mobile number and personal details, including PAN and date of birth.
- Upload the required documents digitally for verification.
- Receive instant loan approval and your sanction letter.
This streamlined process ensures quick access to funds, so you can focus on selecting your dream property.
Tips to maximise your benefits this Dhanteras
To make the most of Bajaj Finserv’s Dhanteras home loan offer, follow these practical tips:
- Check Your CIBIL Score: Ensure your credit score is 725 or above for pre-approval ease.
- Compare Interest Rates: Evaluate rates across lenders to secure the best deal.
- Choose Tenure Wisely: Opt for longer tenures for smaller EMIs or shorter tenures for lower total interest payout.
- Negotiate Builder Deals: Builders often offer freebies or discounts during Dhanteras; negotiate for additional benefits.
- Organise Documents Digitally: Ensure all required documents are ready for faster approval.
Implementing these tips will help you maximise your savings and secure a home loan effortlessly.
Conclusion
Dhanteras is the perfect time to invest in your dream home, and Bajaj Finserv’s home loan offers make it easier than ever. With competitive interest rates, quick approvals, and flexible repayment options, Bajaj Finserv ensures that your home-buying journey is seamless and affordable.
Do not miss out on these limited-time Dhanteras offers. Apply today to take the first step toward owning your dream home and making this festive season truly special.
