Home Loan in Chennai, Avail Housing Loan up to Rs. 15 crore*

Bajaj Housing Finance Home Loan in Chennai

Better known as the economic hub of South India, Chennai is an educational and cultural centre in the region. Chennai, formerly Madras, is home to several MNCs, IT companies, and the enigmatic Tamil film industry, and a third of India’s automobile industry too.

The city is also named the Detroit of India for its flourishing automobile industry. It is also a significant location for regional expatriates, which reached 1 lakh as of 2016. CII also ranked the city 4^th in India on the attractiveness for investment scale. It has also seen rapid development in the last few years under the aegis of India’s Smart City Mission.

If you’re looking to settle down in the city and purchase a property, read on to know more. Bajaj Finserv makes residential property purchase convenient home loans at affordable interest rates starting 7.99%* p.a.. Apply online with us for a home loan in Chennai and make the most of our many benefits.

Apply for a Bajaj Finserv Home Loan in Chennai and avail of a range of benefits alongside a competitive rate of interest and quick processing.

Interest rate starting 7.99%* p.a.

Bajaj Finserv offers competitive interest rates, with home loan EMIs starting as low as Rs. 722/lakh*.
Funding of up to Rs. 15 crore*

Eligible applicants with a strong credit profile can avail of sizeable loan amount to purchase the property of their choice.
Repayment tenor of 32 years

Choose a flexible repayment tenor to ensure your finances are not stretched too thin in the long term.
Top-up of up to Rs. 1 crore* or higher

Avail of a home loan top-up for all your financial needs with the Bajaj Finserv Home Loan balance transfer.
Disbursal in 48 Hours*

The loan amount is credited shortly after the loan processing, approval, and finally, verification.
Online account management

Customers can use of online portal to download statements and complete transactions.
Zero prepayment and foreclosure charges*

For individual and non-individual borrowers with floating interest rate loans and loan taken for non-business purposes, there will be no prepayment and foreclosure charges.
Customised repayment options

Enjoy a range of customized repayment options tailored to your needs.
External benchmark linked loans

Apply for home loans linked to external benchmarks, such as the repo rate, to make the most of current rate cuts.
Hassle-free processing

Bajaj Finserv offers hassle-free home loans with simple eligibility criteria. The list of documents required for home loan is also minimal.
Interest subsidy under PMAY**

Applicants eligible under the PMAY scheme can avail of an interest subsidy when applying for a home loan with Bajaj Finserv.

Use a home loan eligibility calculator to check the amount for which you’re eligible. Thereafter use a home loan EMI calculator to determine the loan amount and tenor you are comfortable with.

Here are the eligibility criteria you need to fulfil to get funds:

Criteria	Description
Nationality	Indian (resident)
Age***	23 years to 67 years (salaried) 23 years to 70 years (self-employed)
Work experience	3 years (salaried) 5 years of vintage with the current enterprise (self-employed)
Minimum monthly income	Rs. 30,000 to Rs. 50,000, depending on the city of residence and age (salaried) Rs. 30,000 to Rs. 40,000, depending on the city of residence and age (self-employed)

***The upper age limit is considered as age at the time of loan maturity

Check your maximum loan eligibility with the help of Bajaj Finserv Home Loan eligibility calculator. Accordingly, apply with the necessary documents online for hassle-free loan processing.

Bajaj Housing Finance, a wholly owned subsidiary of Bajaj Finance offers home loan at low interest rate and nominal charges. Our interest rates start from 7.99%* p.a. Check our home loan interest rates and additional charges now to make an informed choice.

Frequently asked questions

Your home loan interest rate depends on various factors including your credit score, age criteria, your profession, loan term and other eligibility factors applicable as per your lender.

You can apply for a home loan from Bajaj Finance online and avail of benefits like low interest rate, better loan terms, and more.

Your home loan EMI depends on various factors including your interest rate, tenure, and loan amount. To determine your EMI for a home loan of Rs. 40 lakh, you can check our EMI calculator.