The joy of constructing your dream home, from planning its architecture to designing the interiors, is happiness uncompared. With Bajaj FinservHome Construction Loan, you can construct your dream home the way you always dreamt of.

Home Construction Loan: Features and Benefits

A Home Construction Loan is essentially a short-term loan that is given to people who are constructing a building over an empty plot of land. These loans are unique in the sense that your entire loan amount is not disbursed in one go. Depending on the stage of construction, you place draw requests with your lender who then releases the required funds. You pay interest only on the money that you use and not on the total loan amount.

Bajaj Finserv offers Top-Up Loans for all customers who opt for a Home Loan Balance Transfer.

Instant approvals

When you’re applying for a house building loan, you can’t spend time waiting for your loan to be approved. With Bajaj Finserv, you can apply for a Home Construction Loan and have it approved within 5 minutes!

Fast disbursal

We don’t make you wait for weeks to disburse your loan amount. All loan disbursals happen in 72 hours or less. All your draw requests will be processed swiftly and on time.

Low Interest Rates

Thinking about what construction loan rates are like? At Bajaj Finserv, we offer extremely low construction loan interest rates to all our customers. You can determine your EMI amounts easily by using our construction loan calculator.

Online account access

Get unfettered access to your loan amount online no matter where you are. Just log in to your online account to check your payment schedule, interest certificate, track repayments, and view key information related to your loans through our digital customer portal.

Eligibility and Documents for Home Construction Loan

Our Home Construction Loan has been designed for salaried professionals looking to build their homes across top cities in India. We have a set of very basic eligibility criteria and minimal documentation requirements. Here is the complete list of requirements for Home Construction Loan eligibility.

Home Construction Loan: Fees and Charges

We understand how important it is to save money when you move into a new home. For this very reason, we offer nil prepayment and foreclosure charges if you’d like to clear your debts before the tenure is over. For information on processing fees, the rate of interest and other charges, please visit the link provided to get a better understanding. of Home Construction Loan charges and interest rates.

How to Apply

Applying for a Home Construction Loan is easy as pie. You don’t even need to step out of your chair. Just fill in the application form with the correct details and submit it online. Read more about How to apply for Home Construction Loan

Terms and Conditions

Click here to take a closer look at our terms and conditions.



Contact Us

Not yet an existing customer?

You can visit our branch or call us at 1800-103-3535 or SMS 'SHOL' to 9773633633

For existing customers

Call us on our toll free IVR

  • Dial 020 3957 4151 (call charges apply) (W.e.f. 2 May 2015)
  • Enter your 7-digit Bajaj Finserv Customer ID
  • Select from various IVR options
  • Access IVR in 10 languages:English, Hindi, Bengali, Marathi, Punjabi, Gujarati, Tamil, Telugu, Kannada and Malayalam
  • Get access to all your loan details

Customer portal

  • For online customer portal click here
  • Log in using your user ID and password
  • Access all loan details
  • Manage your loans
  • View special offers

Email

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

SMS updates

SMS <<keyword below>> to +91 92275 64444

KEYWORD TRANSACTION
APP To receive the download URL for mobile app
GETEMAIL Know your current email address
UPDEMAIL <New Email ID > Know your current email address
GETADD Know your current mailing address
CUSTID Know your customer ID
LAN Know your Loan Account Number (LAN)
EMI LAN Know your loan/EMI details
EXPERIA Know your Customer Portal username and password
PIN Know your 4 digit EMI Card PIN
SOA Statement of account
NOC No objection certificate
REPSCH Repayment schedule
FEEDBACK
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Give your valuable feedback
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(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

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.