Home Loan

> >

How Can You Reduce Your Home Loan Burden?

Quick apply

Just 60 seconds to apply

Enter your first and last name
Enter your 10-digit mobile number
Enter your pin code

I authorize Bajaj Finserv representative to call /SMS towards this application and other products/services. This consent overrides my registration for DNC/NDNC. T&C

An OTP has been sent on your mobile number

Enter one-time password*

0 Seconds
Enter net monthly salary
select date of birth
Enter PAN card details
Select employer name from the list
Enter personal email address
Enter official email address
Enter current monthly obligations
Enter your monthly salary
Enter annual turnover (18-19)

Thank you

How Can You Reduce Your Home Loan Burden?

You can reduce your home loan repayment burden by the following methods:

1. Repay the principal amount first, as the faster you repay the principal amount of your home loan, the less interest you have to pay.
2. Pay 1 EMI per year over your regular EMI payments from your annual bonus or incentive payments. Take help of the home loan EMI calculator.
3. Increase your EMI amount every year with the increment of your salary. Bajaj Finserv’s reducing balance EMI calculator will guide you.
4. You can refinance home loan at a lower rate of interest. If another lender is giving you a lower interest rate on your home loan than your current lender, opt for it.

People Also Considered

Home Loan eligibility calculator

Determine your Home Loan eligibility and accordingly plan the application amount


Home Loan Balance Transfer

Get a top-up loan without any extra documentation


Home Loan Interest Rate

Check the current Home Loan
interest rates

Explore More

Home Loan EMI calculator

Calculate your monthly EMI, installments and rate of interest applied on the loan amount