Home Loan in Bangalore: Features and Benefits
Presenting India’s lowest interest rate of 9.50% on an online Home Loan for salaried individuals from Bajaj Finserv.
Home Loan +
While we help you buy your dream home, we also understand that to spruce up your home, you need to spend a lot on fixtures and fittings. To help you transform your home to the home of your dreams, Bajaj Finserv has come up with a unique offer – Home Loan +, an option that gives you a separate amount exclusively for this purpose.
You can avail of our refinance scheme to take a loan up to the registered value of your property if you have purchased your property with your own funds within the last 12 months.
Part prepayment facility
There are times when you may have some extra cash in hand, in such a situation you can pre-pay a part of your loan amount which would reduce your overall tenure/EMIs but will also assist you in closing your loan sooner.
Nil foreclosure charges
After paying the first EMI, you can choose to foreclose your loan anytime without paying any additional foreclosure charges.
You can avail of our unique Flexi Saver option on your new/existing top-up loan if you are an existing Home Loan customer. The advantage of Flexi scheme is that you can pre-pay and drawdown money within the drop-line facility. Once you avail the Flexi facility, you stand to benefit by saving interest cost by pre-paying any additional/idle funds that you may have, without any interest being levied on the part-paid amount.
Online account access
Once you’ve availed a Home Loan from Bajaj Finserv , you can access all your loan related information like interest certificate, payment schedule, repayment track and much more through our Home Loan digital customer portal.
3 EMI free months
Did you know that there is more to a Home Loan than just interest rates and the initial down payment? Most home buyers are unaware of additional costs like processing charges, legal fees, registration charges, etc. These add-ons raise your budget by almost 25 percent.
Those unaware of these charges can find it difficult to pay EMIs from the start. To help you plan your finances better, Bajaj Finserv presents 3 EMI free months, a smarter and better option to plan your finances better so that you can pay your EMIs without any hassle. It’s an exclusive feature that gives you the comfort of not paying EMIs for the first 3 months, so that you can settle into your new home and begin paying EMIs from the 4th month. The total amount of the first 3 EMIs is spread over the rest of your loan tenure.