About Joint Home Loan

Purchasing a house is a one-time investment that involves a great deal of planning and funds. A home loan is usually the first and best option; however, you need a strong financial profile to qualify for it. For those who don’t cut with their profile alone, a viable alternative is opting for a joint home loan.

With this provision, you can apply with a co-borrower and enhance loan eligibility significantly. Since you share the responsibility of repayment, lenders are also likely to offer a higher loan sanction. However, there are only a few who can qualify as co-borrower. A co-borrower for a joint home loan must be either of the following.

  • Parent
  • Spouse
  • Sibling
  • Unmarried daughter
  • Son

Features and benefits of a joint home loan

  • Sizeable sanction

    Sizeable sanction

    Avail a sizable sanction with the Bajaj Finserv Joint Home Loan to purchase the home of your dreams.

  • Hassle-free tenor options

    Hassle-free tenor options

    Opt for a comfortable repayment plan that ranges up to 40 years and ensure you never miss an EMI or compromise your savings plans.

  • Speedy approval

    Speedy approval

    No more long waits for funding as the funds get disbursed into your bank account with in just 48 Hours*.

  • Swift disbursal time

    Swift disbursal time

    Once approved, get access to the entire sanction in an account of your choosing without a long wait, allowing you to use the funding as soon as you would like.

  • Competitive rates

    Competitive rates

    Enjoy competitive interest rates and reap the benefits of affordable EMIs.

  • Easy refinancing benefits

    Easy refinancing benefits

    Refinance an existing loan with Bajaj Finserv for better terms and avail a top-up loan of up to Rs. 1 crore for all your home buying needs and expenses.

  • Online loan management

    Online loan management

    Use the online account management facility to track important loan details and manage EMIs at any time.

  • Tax benefits

    Tax benefits

    Avail tax benefits on your under construction property up to Rs. 3.5 lakh annually on loan payments.

Eligibility criteria for home construction loan

  • Citizenship



  • Age


    23 years to 70 years* for salaried individuals, 23 years to 70 years* for self-employed

  • Employment status

    Employment status

    At least 3 years of experience for salaried individuals, at least 5 years of business continuity for self-employed individuals

  • CIBIL score

    CIBIL score

    750 or higher

How to calculate eligibility for joint home loan

You can check your eligibility for your joint home loan by using our home loan eligibility calculator. Follow few simple steps to use this calculator:

  1. Visit our home loan eligibility calculator page
  2. Select the city on the calculator widget, and enter your date of birth or applicant’s date of birth
  3. Enter your monthly income and monthly obligations/ EMI amount if you are currently paying

Once you enter these details, you will be able to view your eligible loan amount.

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Documents required for a joint home loan**.

  1. 1 KYC documents: Passport, Driving License, Aadhaar Card, or Voter ID Card
  2. 2 Employee ID card
  3. 3 Salary slips of the last two months
  4. 4 Bank account statements for the last three months

You can also use the home loan eligibility calculator to check your loan eligibility online easily.

Joint home loan fees and charges

Bajaj Finserv ensures no hidden charges and maintains complete transparency on home loan interest rates. You can also use the Loan EMI Calculator to know the cost of borrowing before you avail funds and to plan your loan efficiently.

How to apply for a joint home loan with Bajaj Finserv

While you can apply offline, it is a lot quicker to fill the easy online application form and apply online. Here are the steps to follow.

  1. 1 Click on the ‘Apply Online’ option on the webpage
  2. 2 Enter your basic details
  3. 3 Verify your identity by entering the OTP sent to your mobile
  4. 4 Input the desired loan amount and tenor
  5. 5 Fill your personal, employment, financial and property-related data and submit the form

After completing the form, wait for our representative to contact you with further instructions within 24 hours* of making your application.

*Terms and conditions apply

**Indicative list only. Additional documents may be necessary.