Home Construction Loans, Lowest Interest Rates, Eligibility Calculator

Home Construction is a kind of secured loan for individuals seeking financial support to construct a house on a vacant plot. Cover all expenses, right from planning to execution, effortlessly with this feature-rich secured loan.

Make the dream of constructing your own house come true with the Bajaj Finserv Home Construction Loan and enjoy the benefit of expedited loan processing and this helps minimise delays greatly. Notable loan features include easy approvals, quick disbursal, and online loan tools to ensure a convenient experience all through.

Ample loan amount

Avail a sizable sanction with the Bajaj Finserv Home Construction Loan to jumpstart your construction process.
Flexible tenor options

Opt for a comfortable repayment plan that ranges up to 40 years and ensure you never miss an EMI.
Super quick turnaround time

No more long waits for funding as the funds get disbursed into your bank account with in just 3* days.
Speedy disbursal

Once approved, get access to the entire sanction in an account of your choosing without a long wait.
Easy refinancing benefits

Refinance an existing loan with Bajaj Finserv for better terms and avail a top-up loan of up to Rs. 1 crore for all home construction expenses.
Online loan management

Use the Bajaj Finserv App to stay informed about your loan details, upcoming EMIs and other key loan information.
Tax benefits

Avail tax benefits on your under construction property up to Rs. 3.5 lakh annually on loan payments.

Loan Type	Home Loan
Interest Rate Type	Floating
For salaried applicants	8.45%* to 14.00%* p.a.
For self-employed applicants	9.10%* to 15.00%* p.a.

Citizenship

Indian
Age

23 years to 62 years for salaried individuals, 25 to 70 years for self-employed
Employment status

At least 3 years of experience for salaried individuals, at least 5 years of business continuity for self-employed individuals.
CIBIL score

750 or higher

KYC documents: Passport, Driving License, Aadhaar Card, or Voter ID Card.
Employee ID card
Salary slips of the last two months
Bank account statements for the last three months**

Our home construction loan comes at an attractive housing Loan interest rate along with other nominal fees. You can also use the EMI Calculator to know the cost of borrowing before you avail funds and to plan your loan efficiently.