Home Loan for Private Employees – Features and Benefits
Are you an employee of a private organization and wish to buy your own home? Choose Bajaj Finserv Home Loans, which come with a high loan amount of Rs.10 Crore, affordable interest rates, and easy eligibility criteria.
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Flexi Hybrid Home Loan Facility
Our flexi hybrid home loan facility lets you borrow the exact amount you need from your overall loan limit, and pay only the interest as your EMI. The principal can be repaid at the end of the tenor. In addition, you need to pay only interest as EMI for the initial part of the tenor, making it easy for you to manage your finances in the long term.
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Home Loan Balance Transfer
If you have already availed a Home Loan from another lender and are paying a high interest rate, you can transfer your Home Loan balance to Bajaj Finserv and enjoy lower rates and other benefits. You also get to avail a top-up loan up to Rs.50 Lakh to cover your other needs when you apply for a Home Loan balance transfer with Bajaj Finserv.
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Wider Loan Tenor
Bajaj Finserv gives you a tenor of up to 25 years to repay your Home Loan comfortably.
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No Part-Prepayment And Foreclosure Charges
You can part-prepay or foreclose your home loan without paying any additional charges, once you have cleared the first EMI.
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Online Account Access
You can easily access your loan information from anywhere, anytime through the digital customer portal.
Home Loan Eligibility Criteria for Private Employees
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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 experience of minimum 3 years
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The minimum loan amount that you can get is Rs.10 lakh and the maximum is Rs 3.5 crore
Home Loan Eligibility Calculator
Bajaj Finserv’s Home Loan eligibility calculator helps you find out the loan amount you qualify for in just a few steps.
Home Loan EMI Calculator
The Home Loan EMI calculator helps you find out the exact EMI amount that you will need to pay on your desired loan amount.
Home Loan for Private Employees Interest Rate Fees Charges
Bajaj Finserv Home Loan for Private Employees comes with an affordable home loan interest rate and minimal charges. These are:
| Types of Fees | Applicable charges |
|---|---|
| Interest rate | 8.10%** onwards (For salaried individuals) |
| Processing fees | Up to 1% 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 | Rs. 3,999 |
Apply for a Home Loan for Private Employees
Click here to fill an online application form, and apply for your Home Loan in a few easy steps.
