Bajaj Finserv, India's most diversified NBFC, now offers housing loans at a low interest rate of 8.85% on online Home Loan and Balance Transfer from other banks for all salaried customers.

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 4th 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 tenor up to permissible as per BFL norms. In case of increase in interest rate, if you want to retain your existing EMI/Tenor, you will have an option of making a part prepayment and keeping your EMI/Tenor 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 mail.

Proactive repricing policy

During the entire tenor 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 12.00% 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.
The pricing increase happens only in the scenario of an increase in BFRR due to increase in our 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 reasonable parity between old and new customer rates

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

Less than 6 EMI Paid Accounts

Flexi Saver 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 tenor of the loan


  To view View
Pdf Terms and Conditions For September Online Home Loan Consumer Promotion – September 2016 img
Pdf Disbursal Kit img
Pdf Sanction Letter Terms and Conditions img
Pdf Top Up Loan Agreement img
Pdf Home Loan Agreement img
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Pdf Home Loan - iPad Terms and Conditions img
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Pdf Tnc of Online Home Loan Consumer Promotion November img
Pdf Flash Sale January 13th Terms & Conditions img
Pdf Tnc of January Online Home Loan Consumer Promotion img
Pdf Flash Sale 24 to 28 February Terms & Conditions img
Pdf SHOL Flash Sale 11-14 March Terms & Conditions img
Pdf SHOL Flash Sale 19-23 March Terms & Conditions img
Pdf Terms and Conditions for April Online Home Loan Consumer Promotion – April 2016 img
Pdf Terms and Conditions for May Online Home Loan Consumer Promotion – May 2016 img
Pdf Terms and Conditions for May Online Home Loan iPad Mini Tanishq Voucher – May 2016 img
Pdf Terms and Conditions for May Online Home Loan Consumer Promotion – May 2016 img
Pdf Terms and Conditions for June Online Home Loan Consumer Promotion – June 2016 img
Pdf Terms and Conditions for June Online Home June 2016 img
Pdf Terms and Conditions for July Online Home Loan Consumer Promotion img
Pdf Terms and Conditions for July Online Home Loan Consumer Promotion July 2016 img
Pdf Terms and Conditions for Home Loan Consumer Promotion August 2016 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 10th to 13th August 2016 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 29th August to 05th September 2016 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 12th to 18th September 2016 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 19th to 25th September 2016 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 26th to 30th September 2016 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 03rd to 09th October 2016 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 10th to 16th October 2016 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 16th to 23rd October 2016 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 24th to 30th October 2016 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 01st to 06th November 2016 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 07th to 13th November 2016 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 28th November to 04th December 2016 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 05th to 11th December 2016 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 12th to 18th December 2016 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 19th to 25th December 2016 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 26th December 2016 to 01st January 2017 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 02nd to 08th January 2017 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 09th to 15th January 2017 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 10th to 13th January 2017 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 16th to 22nd January 2017 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 23rd to 30th January 2017 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 30th January to 05th February 2017 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 30th January to 05th February 2017 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 06th to 12th February 2017 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 20th to 26th February 2017 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 06th to 12th March 2017 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 13th to 19th March 2017 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 22nd to 27th March 2017 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 28th March to 02nd April 2017 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 03rd to 09th April 2017 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 10th to 16th April 2017 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 17th to 23rd April 2017 img
Pdf Terms and Conditions for SMS Campaign img
Pdf Terms and Conditions for Home Loan Consumer Promotion 22nd to 23rd April 2017 img
Pdf Terms and Conditions for Home Loan Consumer Promotion 25th to 30th April 2017 img

Contact Us

Not yet an existing customer?

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

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

For existing customers

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 [email protected] 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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(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.