Home Loan up to Rs. 15 lakh

The Bajaj Finserv Home Loan grants easy access to a sanction of up to Rs. 15 lakh and more. It also offers a range of value-added features such as property search services and a top-up loan facility. Here you can also secure financing at competitive rates of interest and for a flexible tenor, ranging up to 30 years. Combined, these features keep your EMIs pocket-friendly.

What’s more, it also comes with online tools such as the home loan EMI calculator. This can play a pivotal role in loan planning and can even help ensure that repayment stays comfortable for you all through. For more insight on this, look at the following examples with tables.

Here are the EMI calculations for a home loan of Rs. 15 lakh with different tenors and a fixed interest rate of 8.30%.

EMI Calculations for a Home Loan of Rs.15 Lakh

This table depicts the role of tenor, and here is another table to showcase the role of the principal amount.

Considering a tenor of 10 months and an interest rate of 8.30%, here are the EMIs payable for varying loan amounts.

On observing the table, you’ll notice that the EMI values decrease considerably as the principal decreases. So, borrow wisely, after calculating realistic estimates of the costs involved.