Home loan for government employees: Features and benefits
Government applicants interested in availing a housing loan can read below points to know about the features of the Bajaj Finserv Home Loan.
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Ample funding
Bajaj Finserv provides loan amounts as much as Rs. 5 Crore*, or higher to eligible candidates and even more, to boost your home buying journeys.
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Easy refinancing
You can transfer your existing home loan balance to us and avail all the features and benefits we offer.
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Zero prepayment charges
Enjoy nil part-prepayment or foreclosure charges on your home loan, making early repayment a lot more affordable.
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Flexible tenor
Access a flexible repayment period of up to 30 years and keep home loan EMIs within your budget all through.
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Minimal paperwork
The required documents for home loan application are simple and make loan processing a lot quicker
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Easy account management
Using our online customer portal, you can access your loan account at any time and from anywhere.
Home loan for government employees
The Bajaj Finserv Limited Home Loan For Government Employees is an instrument that is designed to complement your funding needs. It offers a high-value sanction that enables you to easily purchase or build the home of your dreams, or even renovate an existing one without compromises.
The loan comes with a flexible tenor of up to 30 years and has an attractive rate of interest. Combined, these two features help you keep costs in check with ease. You also get access to the home loan calculator, which is a free-to-use online tool that helps you plan your loan better. Use it when comparing loan offers and when identifying loan terms that best suit your finances.
Eligibility criteria for government employees
With our home loan eligibility calculator, all you have to do is fill in basic personal details and you can find out if you qualify for the loan. To know the criteria you need to meet, read on.
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Nationality
Indian
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Age
23 years to 62 years for salaried individuals
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Employment status
At least 3 years of experience
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CIBIL score
750 or higher
*Please note that the list of eligibility mentioned is indicative. Terms and conditions apply.
*Conditions apply
Read about the complete fees and charges applicable on the home loan and plan repayment with ease.
How to apply for a home loan for government employees
To get started, you need only fill the online application form. Here is a step-by-step guide to follow.
- 1 Go to the website and click on ‘Apply Online’
- 2 Input basic personal details and enter the OTP
- 3 Use the online calculator to decide on the ideal loan amount and tenor
- 4 Fill in your personal, employment, property, and financial details
Once you complete this form, an authorised representative will contact you with further instructions.
