Features and benefits
Applicants interested in availing a housing loan up to Rs. 15 lakh can read below points to know about the features of the Bajaj Finserv Home Loan.
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PMAY benefits
Get a subsidy of up to 6.50%* on your home loan interest with PMAY.
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Balance transfer facility
Transfer the home loan to us with minimal documentation and faster processing.
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High-value top-up loan
Meet your financial needs with a sizable top-up loan, offered at a nominal rate of interest.
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Comfortable tenor
Choose a convenient timeline of up to 30 years and repay your home loan with ease.
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Property dossier facility
Get guidance on all the legal and financial aspects of owning your property with a personalised report.
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 8.60%.
EMI Calculations for a Home Loan of Rs.15 Lakh
| Loan amount: Rs. 15,00,000 | |
| Tenor | EMI amount |
| 10 years | Rs. 18,678 |
| 15 years | Rs. 14,859 |
| 20 years | Rs. 13,112 |
Home loan up to Rs. 15 lakh: Eligibility criteria*
Please go through below eligibility criteria for same
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Nationality
Indian
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Age
23 years to 62 years for salaried individuals, 25 years to 70 years for self-employed borrowers
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Employment status
At least 3 years of experience for salaried applicants, at least 5 years of business continuity for self-employed borrowers
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CIBIL score
Check your CIBIL Score for FREE750 or higher
*Please note that the list of eligibility mentioned is indicative. Terms and conditions apply.
*Conditions apply
