Home Loan Up To Rs. 40 lakh Features and Benefits

  • Online application
    Online application

    Get your home loan without stepping out of your home with our 100% digital processes.

  • Tailored repayment
    Tailored repayment

    Pick a tenor that ranges up to 30 years to repay comfortably, based on your capabilities.

  • PMAY benefit
    PMAY benefit

    Avail the interest subsidy of up to Rs. 2.67 lakh under the CLSS component as an eligible PMAY beneficiary.

  • Balance transfer facility
    Balance transfer facility

    Transfer the home loan from your existing lender to us quickly and with minimal documentation to avail better terms.

  • Additional finance
    Additional finance

    Get a top-up loan to access funds for a variety of needs on cost-effective terms. Use it without any restriction.

Home loan up to Rs. 40 lakh details

Bajaj Finserv home loan is a feature-rich housing solution that offers high-value financing alongside convenient repayment terms. Through this specialized offering, you can qualify for and avail of a sanction of up to Rs. 40 lakh with ease. Get the loan at a competitive interest rate and a flexible tenor when you meet our simple eligibility criteria. Repay over a lengthy period of up to 30 years, thus ensuring that your monthly instalments are budget-friendly.

Our loan also comes with online tools such as the home loan EMI calculator. Using it, you can plan your loan, know more about the EMIs payable, and find the best tenor for your budget. To help you make this decision, here are a few tables you can refer to.

Considering a sanction of Rs. 40 lakh at an interest rate of 10%, here are the EMIs for different tenors.

Loan amount in consideration - Rs. 40 lakh home loan

Tenor (in years)

Monthly Instalment

Net interest

 30 years

Rs. 35,103

Rs. 86,36,744


Rs. 38,601

Rs. 52,64,132


Rs. 42,984

Rs. 37,37,204


Rs. 52,860

Rs. 23,43,266

*The table has values that are subject to change.

Considering the interest rate at 10%, here are the EMIs for different principal amounts and tenors.

Loan details

Tenor of 20 years

Tenor of 15 years

Rs. 35 lakh home loan

Rs. 33,776

Rs. 37,611

Rs. 32 lakh home loan

Rs. 30,881

Rs. 34,387

Rs. 30 lakh home loan

Rs. 28,951

Rs. 32,238

*The table has values that are subject to change.

Eligibility criteria for home loan up to Rs. 40 lakhs

The housing loan eligibility criteria for this instrument are very simple and easy to meet. Here is a list of the terms you should be aware of.




Age (in years)

25 years - 70 years

23 years - 62 years

CIBIL score

750 +

750 +




Monthly income


1. Under the age of 37 years: Rs. 30,000

2. 37-45 years: Rs. 40,000

3. Above 45 years: Rs. 50,000

Work experience/ business continuity (in years)

5 years

3 years


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

Interest rate and fees

Bajaj Finserv offers some of the most competitive home loan interest rates in the market, thus enabling you to borrow on cost-effective terms.

Read the complete fees and charges applicable on Bajaj Finserv Home Loans and make an informed choice.

*Conditions apply