Features and benefits of our home loan
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Home Loan - Features and benefits
Our Home Loan offers a sizeable loan and competitive interest rates. Know other benefits.
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Loan of Rs. 15 crore*
Buying a home is one of the biggest milestones. Achieve it with a sizeable loan amount of Rs. 15 crore*.
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Low interest rates
With our loan interest rates starting at 8.50%* p.a, pay EMIs as low as Rs. 733/lakh*.
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Approval in 48 Hours*
Your loan application will be approved within 48 Hours* of your application, in some cases, even earlier.
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Tenure of up to 40 years
Pay back your loan comfortably with our long repayment tenure ranging up to 40 years.
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No foreclosure fee for individuals
Individual borrowers who choose a floating interest rate can foreclose the entire amount or prepay a part of the loan without paying an additional fee.
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Hassle-free application
Our doorstep document pick-up service helps to skip numerous branch visits and enables an easy application process.
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Balance Transfer facility
Benefit from our home loan balance transfer facility and be eligible for a top-up loan of up to Rs. 1 crore* or higher.
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5000+ approved projects
Choose from our 5000+ approved projects to avail of a quick loan.
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Externally benchmarked interest rates
You can opt for interest rates linked to an external benchmark, such as the Repo Rate to benefit during favourable market conditions.
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*Terms and conditions apply
Eligibility criteria and documents required
Anyone can apply for our home loan as long as they meet the criteria mentioned below.
Eligibility criteria
- Nationality: You must be an Indian citizen residing in India.
- Age: A salaried applicant must be between 23 years to 70 years, and a self-employed professional must be between 23 years to 70 years.
*The upper age limit is considered as the age at the time of loan maturity. - CIBIL Score: A CIBIL Score of 725 or higher is ideal to get a home loan.
- Occupation: Salaried, self-employed professionals like doctors and self-employed non-professionals are eligible to apply.
Documents required:
- KYC documents (identity and address proof)
- Proof of income (salary slips or P&L statement)
- Proof of business (for self-employed applicants), and
- Account statements for the last 6 months
Note: This is an indicative list that may change based on your actual loan application.
How to apply for a home loan
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Did you know?
You can avail of tax benefits on your home loan that can help you save on taxes.
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Did you know?
You can transfer your home loan to another lender and get a top-up loan without any end use restrictions.
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Did you know?
You can calulate your home loan EMIs using our EMI calculator.
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Did you know?
A CIBIL Score of 750 or above will help you get better home loan interest rate.
Applicable fees and charges
We advise you to read about our fees and charges thoroughly before applying.
Type of fee |
Applicable charges |
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Rate of interest |
Salaried |
Self-employed |
Doctors |
8.50%* to 15.00%* p.a. |
9.10%* to 15.00%* p.a. |
8.60%* to 15.00%* p.a. |
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Processing fees |
Up to 7% of the loan amount |
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Bounce charges |
For loan amounts up to Rs. 15 lakhs: Rs. 500 |
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Penal interest |
24% per annum in addition to the applicable interest rate on the overdue amount |
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Secure fee |
Up to Rs. 10,000 + GST as applicable |
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Interest and principal statement charges |
NIL |
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Part-prepayment charges |
NIL |
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Foreclosure charges |
NIL |
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Loan statement charges |
Up to Rs. 500 + GST as applicable |
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Still haven’t found what you are looking for? Click on any of the links at the top of this page.
Frequently asked questions
A home loan is a credit borrowed from a financial institution to buy a home. The loan is given at an interest rate depending on your profile. While taking the loan, you choose a repayment period to pay back the amount (principal) and interest in equated monthly instalments (EMIs). You can either choose a fixed interest rate or a floating interest rate.
You can easily get a home loan of Rs. 15 crore* or even higher from Bajaj Finserv if you meet our eligibility criteria. The sanctioned loan amount depends upon essential factors like your age, income profile, CIBIL Score, and among other criteria.
Salaried professionals applying for a fresh home loan with Bajaj Finserv, must have the listed documents:
- KYC documents (identity and address proof)
- Proof of income (salary slips)
- Account statements for the last 6 months
Self-employed individuals applying for a fresh home loan from Bajaj Finserv, must have the listed documents:
- KYC documents (identity and address proof)
- Proof of income (P&L statement)
- Proof of business
- Last 6 months' account statements, etc.
Once you have submitted all the essential documents, the loan amount will be approved within 48 Hours*. In some cases, it can get sanctioned even earlier.
* Terms and conditions apply
