Home Loan for Advocates – Features and Benefits
If you are an advocate, working in either a company or your own practice, Bajaj Finserv Home Loan for Advocates can help you purchase your dream home at an affordable rate of interest, with a high loan amount and easy eligibility criteria.
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A Higher Loan Amount
Get a high loan amount ranging between Rs. 30 lakh and Rs. 10 crore.
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Home Loan Balance Transfer
Switch your existing home loan from your current lender to Bajaj Finserv for a lower home loan interest rate. You can also take a top-up loan amount of up to Rs. 50 lakh when you transfer your Home Loan balance to us.
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Zero Part-Prepayment and Foreclosure Charges
If you decide to part-prepay or foreclose the loan before the end of the tenor, you can do so at no extra charge.
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Long Tenor
Get a long tenor of up to 25 years to repay your home loan in smaller, more affordable EMIs.
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Minimal Documentation
Bajaj Finserv requires minimal documents for your Home Loan. For the complete list of documents, please Click here.
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Online Account Management
Bajaj Finserv lets you access your Home Loan for Advocates anytime, anywhere, via the online customer portal.
Home Loan Eligibility Criteria for Advocates
Salaried Advocates:
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You should be an Indian citizen
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You should be between 23 and 58 years old
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You should be a working professional with work experience of at least 3 years
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The minimum loan amount that you can avail is Rs.10 lakh and the maximum is Rs 3.5 crore
Self-Employed Advocates:
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You should be an Indian resident
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You should be between 28-70 years of age
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You should have minimum 5 years of continuity in your current business
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The minimum loan amount that you can avail is Rs.30 lakh and the maximum is Rs. 5 crore
Home Loan Eligibility Calculator
Bajaj Finserv’s Home Loan eligibility calculator helps you calculate the loan amount that you qualify for based on your income and current financial obligations.
Home Loan EMI Calculator
Our Home Loan EMI calculator lets you know the exact EMI amount that you will need to pay on your desired loan amount.
Home Loan Interest Rates and Charges
Bajaj Finserv Home Loan for Advocates comes with an affordable interest rate and transparent charges. These are:
- Types of Fees
- Applicable Charges
- Interest rate
- 8.10%** onwards (For salaried individuals)
- Processing fees
- Up to 0.8% of the loan amount for salaried individuals
- Loan statement charges
- NIL
- Interest & principle statement charges
- NIL
- EMI Bounce charges
- Rs. 3,000
- Penal interest
- 2% per month
- Secure fee
- Up to Rs. 9,999
Apply for a Home Loan for Advocates
Fill up an online Home Loan application form to apply for your Loan easily.
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