Home loan up to Rs. 1 crore

With a sanction of up to Rs. 1 crore, this specialised home loan by Bajaj Finserv is a great option. It can help you purchase the home of your dreams without compromise. What’s more, you get to opt for a convenient tenor that ranges up to 30 years, ensuring repayment stays comfortable all through.

Home loan up to Rs. 1 crore: Features and benefits

  • Easy repayment

    Easy repayment

    Pick a tenor that ranges up to 30 years to ensure optimal outgo all through.

  • PMAY perks

    PMAY perks

    With the CLSS benefit on your home loan, you can get an interest subsidy up to Rs. 2.67 lakh.

  • Balance transfer feature

    Balance transfer feature

    Transfer the home loan to us easily and quickly, with minimal documentation required and expedited processing.

  • Sizable top-up loan

    Sizable top-up loan

    Fund other financial obligations with a high-value top-up loan, which comes with a nominal rate of interest.

  • Online provision

    Online provision

    Apply online for a housing loan, without leaving the comfort of your home.

Rs. 1 crore home loan EMI with varying tenures

Be sure to use our handy online tools such as the home loan EMI calculator. This can help you find the best tenor, learn about the total cost of borrowing, and give you invaluable insight into your EMIs. For a better idea of the EMIs payable for varying tenors and amounts, look at the following tables. Considering a sanction of Rs. 1 crore, at an interest rate starting from 8.45%* p.a. Here are the EMIs for different tenures.

Loan amount

Interest Rate

Tenure

EMI

Rs. 1 crore

8.50%* p.a.

10 years

Rs. 1,23,718

Rs. 1 crore

8.50%* p.a.

15 years

Rs. 98,181

Rs. 1 crore

8.50%* p.a.

20 years

Rs. 86,466

Rs. 1 crore

8.50%* p.a.

25 years

Rs. 80,186

Rs. 1 crore

8.50%* p.a.

30 years

Rs. 76,537

Rs. 1 Crore Home Loan EMI with Interest Rate for 20 Years

Loan Amount

Rs. 1,00,00,000

Rate of Interest

8.50%* p.a.

EMI

Rs. 86,466

Total Interest

Rs. 1,07,51,870

Total Amount Payable

Rs. 2,07,51,870


Rs. 1 Crore Home Loan EMI with Interest Rate for 15 Years

Loan Amount

Rs. 1,00,00,000

Rate of Interest

8.50%* p.a..

EMI

Rs. 98,181

Total Interest

Rs. 76,72,596

Total Amount Payable

Rs. 1,76,72,596


Rs. 1 Crore Home Loan EMI with Interest Rate for 10 Years

Loan Amount

Rs. 1,00,00,000

Rate of Interest

8.50%* p.a.

EMI

Rs. 1,23,718

Total Interest

Rs. 48,46,212

Total Amount Payable

Rs. 1,48,46,212

Home Loan up to Rs. 1 Crore: Eligibility criteria

Our home loan eligibility criteria are easy to meet and help you get the funds you need without any hassles. Here is a list of the terms you should be aware of.

  • Nationality

    Nationality

    Indian

  • Age

    Age

    23 years to 65 years* for salaried individuals, 23 years to 75 years* for self-employed

  • Employment status

    Employment status

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

  • CIBIL score

    CIBIL score

    750 or higher

*Please note that the list of eligibility terms mentioned is indicative. Terms and conditions apply.

How to apply for a home loan of Rs. 1 crore

Step-by-step guide to applying for a home loan

  1. 1 Click on the 'APPLY' button on this page.
  2. 2 Enter your full name, mobile number, and employment type.
  3. 3 Now select the type of loan you wish to apply for.
  4. 4 Generate and submit your OTP to verify your phone number.
  5. 5 Upon OTP verification, enter additional details like your monthly income, required loan amount, and if you have identified the property.
  6. 6 In the next steps, enter your date of birth, PAN number and other details as requested depending on your selected occupation type.
  7. 7 Click on the ‘SUBMIT’ button.

That is it! Your application is submitted. Our representative will connect with you and guide you through the next steps.

Home loan up to Rs. 1 crore: Interest rate and fees

Get approved for a large sanction at an attractive home loan interest rate and ensure that your interest outgo stays within budget.

Read about the complete fees and charges applicable on our home loan online.

*Conditions apply

Frequently Asked Questions

Can I get a Home Loan of Rs 1 crore?

When applying for a home loan from Bajaj Finance, you have the opportunity to secure a loan amount of up to Rs. 15 crore*. However, it is crucial to carefully evaluate your eligibility criteria before proceeding with the application. The loan amount you qualify for will be determined based on factors such as your eligibility and the documentation you provide during the application process. By assessing your eligibility and understanding the requirements, you can have a clearer idea of the loan amount you may be eligible for from Bajaj Finance.

How much income do I need for a 1 crore home loan?

If you apply for a home loan from Bajaj Finance at an interest rate starting from 8.50%* p.a., your EMIs will depend on the tenure you select to repay your loan. A wise thing to do would be analyse you monthly expenses or liabilities and your monthly salary before finalising the EMI amount. You can use our home loan EMI calculator to check how much EMI you will be paying based on your tenure, interest rate, and loan amount.

What is the EMI for Rs. 1 crore home loan?

For a Rs. 1 crore home loan at an interest rate of 8.50% per annum with a tenure of up to 40 years, the Equated Monthly Installment (EMI) could range from approximately Rs. 77,322 to Rs. 93,986, depending on the specific loan terms and conditions.

What is the EMI for Rs. 2 crore home loan?

For a Rs. 2 crore home loan at an interest rate of 8.50% per annum with a tenure of up to 40 years, the Equated Monthly Installment (EMI) could range from approximately Rs. 1,54,644 to Rs. 1,87,972, depending on the specific loan terms and conditions.

Can I get home loan for 30 years?

Bajaj Finance offers extended repayment tenures of 40 years, ensuring you can comfortably repay your loan.

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