Home loan up to Rs. 1 crore
With a sanction of up to Rs. 1 crore, this specialised home loan by Bajaj Finserv is a great option. It can help you purchase the home of your dreams without compromise. What’s more, you get to opt for a convenient tenor that ranges up to 30 years, ensuring repayment stays comfortable all through.
Home loan up to Rs. 1 crore: Features and benefits
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Easy repayment
Pick a tenor that ranges up to 30 years to ensure optimal outgo all through.
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PMAY perks
With the CLSS benefit on your home loan, you can get an interest subsidy up to Rs. 2.67 lakh.
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Balance transfer feature
Transfer the home loan to us easily and quickly, with minimal documentation required and expedited processing.
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Sizable top-up loan
Fund other financial obligations with a high-value top-up loan, which comes with a nominal rate of interest.
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Online provision
Apply online for a housing loan, without leaving the comfort of your home.
Rs. 1 crore home loan EMI with varying tenures
Be sure to use our handy online tools such as the home loan EMI calculator. This can help you find the best tenor, learn about the total cost of borrowing, and give you invaluable insight into your EMIs. For a better idea of the EMIs payable for varying tenors and amounts, look at the following tables. Considering a sanction of Rs. 1 crore, at an interest rate starting from 8.45%* p.a. Here are the EMIs for different tenures.
Loan amount |
Interest Rate |
Tenure |
EMI |
Rs. 1 crore |
8.50%* p.a |
10 years |
Rs. 1,23,718 |
Rs. 1 crore |
8.50%* p.a |
15 years |
Rs. 98,181 |
Rs. 1 crore |
8.50%* p.a |
20 years |
Rs. 86,466 |
Rs. 1 crore |
8.50%* p.a |
25 years |
Rs. 80,186 |
Rs. 1 crore |
8.50%* p.a |
30 years |
Rs. 76,537 |
Rs. 1 Crore Home Loan EMI with Interest Rate for 20 Years
Loan Amount |
Rs. 1,00,00,000 |
Rate of Interest |
8.50%* p.a |
EMI |
Rs. 86,466 |
Total Interest |
Rs. 1,07,51,870 |
Total Amount Payable |
Rs. 2,07,51,870 |
Rs. 1 Crore Home Loan EMI with Interest Rate for 15 Years
Loan Amount |
Rs. 1,00,00,000 |
Rate of Interest |
8.50%* p.a. |
EMI |
Rs. 98,181 |
Total Interest |
Rs. 76,72,596 |
Total Amount Payable |
Rs. 1,76,72,596 |
Rs. 1 Crore Home Loan EMI with Interest Rate for 10 Years
Loan Amount |
Rs. 1,00,00,000 |
Rate of Interest |
8.50%* p.a |
EMI |
Rs. 1,23,718 |
Total Interest |
Rs. 48,46,212 |
Total Amount Payable |
Rs. 1,48,46,212 |
Home Loan EMI with Other Amount
Home Loan up to Rs. 1 Crore: Eligibility criteria
Our home loan eligibility criteria are easy to meet and help you get the funds you need without any hassles. Here is a list of the terms you should be aware of.
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Nationality
Indian
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Age
23 years to 70 years* for salaried individuals, 23 years to 70 years* for self-employed
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Employment status
At least 3 years of experience for salaried individuals, at least 5 years of business continuity for self-employed individuals
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CIBIL score
750 or higher
*Please note that the list of eligibility terms mentioned is indicative. Terms and conditions apply.
How to apply for a home loan of Rs. 1 crore
Step-by-step guide to applying for a home loan
- 1 Click on the 'APPLY' button on this page.
- 2 Enter your full name, mobile number, and employment type.
- 3 Now select the type of loan you wish to apply for.
- 4 Generate and submit your OTP to verify your phone number.
- 5 Upon OTP verification, enter additional details like your monthly income, required loan amount, and if you have identified the property.
- 6 In the next steps, enter your date of birth, PAN number and other details as requested depending on your selected occupation type.
- 7 Click on the ‘SUBMIT’ button.
That is it! Your application is submitted. Our representative will connect with you and guide you through the next steps.
Home loan up to Rs. 1 crore: Interest rate and fees
Get approved for a large sanction at an attractive home loan interest rate and ensure that your interest outgo stays within budget.
Read about the complete fees and charges applicable on our home loan online.
*Conditions apply
Frequently Asked Questions
When applying for a home loan from Bajaj Finance, you have the opportunity to secure a loan amount of up to Rs. 15 crore*. However, it is crucial to carefully evaluate your eligibility criteria before proceeding with the application. The loan amount you qualify for will be determined based on factors such as your eligibility and the documentation you provide during the application process. By assessing your eligibility and understanding the requirements, you can have a clearer idea of the loan amount you may be eligible for from Bajaj Finance.
If you apply for a home loan from Bajaj Finance at an interest rate starting from 8.50%* p.a, your EMIs will depend on the tenure you select to repay your loan. A wise thing to do would be analyse you monthly expenses or liabilities and your monthly salary before finalising the EMI amount. You can use our home loan EMI calculator to check how much EMI you will be paying based on your tenure, interest rate, and loan amount.
For a Rs. 1 crore home loan at an interest rate of 8.50% per annum with a tenure of up to 40 years, the Equated Monthly Installment (EMI) could range from approximately Rs. 77,322 to Rs. 93,986, depending on the specific loan terms and conditions.
For a Rs. 2 crore home loan at an interest rate of 8.50% per annum with a tenure of up to 40 years, the Equated Monthly Installment (EMI) could range from approximately Rs. 1,54,644 to Rs. 1,87,972, depending on the specific loan terms and conditions.
Bajaj Finance offers extended repayment tenures of 40 years, ensuring you can comfortably repay your loan.
