Home loan up to Rs. 20 lakhs

Bajaj Finserv offers home loans that can effortlessly cater to all your housing finance needs right from purchasing or constructing your first home to refinancing an existing loan. With this offering, you can get a loan amount of up to Rs. 20 lakhs alongside other benefits. These include a high-value top-up loan, PMAY benefits, and a flexible repayment tenor that makes your EMIs pocket-friendly.

Features and benefits

Applicants interested in availing a housing loan, can read more to know about the features of the Bajaj Finserv Home Loan.

  • Percentage sign

    Reasonable rate of interest

    Starting from 8.70%*, Bajaj Finserv offers applicants an affordable home loan option to fit their finances.

  • Money in hand 2

    Speedy disbursal

    No more long waits for loan amounts with Bajaj Finserv. Find your sanction amount in your bank account in just 48* hours from approval.

  • High loan amount

    Large top-up loan

    Get a high-value top-up loan with a nominal rate of interest to address other obligations with ease.

  • Easy balance transfer

    Easy balance transfer

    Transfer your existing home loan to Bajaj Finserv by submitting minimal documentation and save more.

  • percentage sign

    External benchmark linked loans

    By opting for the Bajaj Finserv Home Loan linked to an external benchmark, applicants can enjoy reduced EMIs along with favourable market conditions.

  • Online account management

    Digital monitoring

    Now keep a close eye on all your loan developments and EMI schedules through the Bajaj Finserv online platform.

  • Calendar

    Long tenor stretch

    The Bajaj Finserv home loan tenor stretches up to 30 years allowing borrowers a buffer period to plan out their EMI payments.

  • Flexible repayment

    Flexible repayment

    Enjoy the benefits of flexible repayment plans offered to you by Bajaj Finserv with zero add on costs levied on part-prepayment and foreclosures.



Eligibility criteria* for availing home loan up to Rs. 20 lakhs

To qualify for this loan, here are the parameters to meet.

  • Nationality



  • Age


    23 years to 62 years for salaried individuals, and 25 years to 70 years for self-employed applicants 

  • Employment

    Employment status

    At least 3 years of experience for salaried borrowers, and 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 above is indicative. Terms and conditions apply.

Interest rates and charges

Keep an eye on the home loan interest rate and borrow smartly, as the interest affects your overall cost of borrowing. For best results, compute your 20 lakh home loan EMIs accurately using a home loan EMI calculator.

Check the current home loan interest rates and additional fees and charges on your home loan.

20 Lakh Home Loan EMI Details

To know your EMI breakup accurately when borrowing a 20 lakhs home loan, a home loan EMI calculator is the best tool to go with. This is because the EMIs of a 20 lakh home loan vary based on the tenor and interest rate and the calculator allows you to tweak these for the desired results. It is also freely available and user-friendly. For a detailed breakdown of a 20 lakh house loan EMI structure, read on.

EMI Calculation for a 20 Lakh Home Loan with varying Tenors

To know the EMI for a home loan of 20 lakhs at varying tenors, consider the following examples with the applicable interest rate set at 8.70%*.

EMIs on a 20 lakh home loan for 30 years

Loan Amount

Interest rate

Tenor (in Yrs.)


Rs. 20 lakh



Rs. 15,520

The table has values that are subject to change.

EMI on a 20 lakh home loan for 20 years

Loan Amount

Interest rate

Tenor (in Yrs.)


Rs. 20 lakh



Rs. 17,483

The table has values that are subject to change.