Home loans made simple for private sector employees
If you are a private sector employee looking to buy a home, there are tailored home loan options available to support your dream. With competitive interest rates, flexible repayments, and substantial loan amounts, home loans are designed to match your income and financial goals. Bajaj Finserv offers loans with interest rates linked to external benchmarks, giving you better transparency and potential savings on EMIs – all while ensuring convenience and long-term flexibility. You might already be eligible, check your offers now by entering your mobile number and OTP.
Features and benefits
Applicants interested in availing a Home Loan can read more to know about the features of the Bajaj Finserv Home Loan.
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Affordable rate of interest
Starting from 7.45%* p.a, Bajaj Finserv offers applicants an affordable home loan option to fit their finances.
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Quick disbursal
No more long waits for loan amounts with Bajaj Finserv. Find your sanction amount hassle-free in your bank account in just 48* hours from approval.
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High funding sanction amount
Bajaj Finserv provides loan amounts of as much as Rs. 15 Crore* to eligible candidates, to help you get your dream home.
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5000+ project approved
Find over 5000+ choices in approved projects and enjoy better home loan terms from Bajaj Finserv.
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Zero prepayment and foreclosure charges*
For individual and non-individual borrowers with floating interest rate loans and loan taken for non-business purposes, there will be no prepayment and foreclosure charges.
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Digital tools
You can easily access your loan information from anywhere, anytime, through the online customer portal.
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Ease of prepayments
Choose a tenor that ranges up to 32 years to repay your home loan comfortably.
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Quick balance transfer
With the home loan balance transfer facility, you can switch over to Bajaj Finserv and avail yourself of better loan terms.
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Flexi hybrid facility
Borrow from the sanction, as needed, and pay interest only on the amount you withdraw from the loan account.
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Loan subsidies
Avail of the loan subsidies offered under the PMAY scheme, with Bajaj Finserv. Approach us for updated terms and the best home loan deals.
Eligibility criteria for home loan for private employees*
With our home loan eligibility calculator, you can easily know the sanction you can avail. However, to know exactly what it takes to get approved, these are the criteria to be aware of.*
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Nationality
Indian
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Age
23 years to 67 years for salaried individuals
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Employment status
At least 3 years of experience
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CIBIL score
Check your CIBIL Score for FREE725 or higher
*Please note that the list of eligibility terms mentioned above is indicative.
Terms and conditions apply.
Meeting these eligibility criteria puts you one step closer to homeownership. Many private employees find they qualify for substantial loan amounts with favourable terms through Bajaj Finserv. Check your loan offers now to see what amount you can secure. You may already be eligible, find out by entering your mobile number and OTP.
Interest rate and fees for Home Loan for private employees
Our loan for private employees has a competitive home loan interest rate and comes with nominal charges. Bajaj Finserv maintains utmost transparency and honesty in levying costs and charges.
Understanding the complete cost structure helps you make informed decisions about your home purchase. With transparent pricing and competitive rates, Bajaj Finserv ensures you get the best value for your investment. Check your eligibility for a home loan from Bajaj Finserv and discover your personalised rates. You may already be eligible, find out by entering your mobile number and OTP.
Why choose Bajaj Finserv Home Loan for private employees
Bajaj Finserv Home Loans are among the best in the market due to the range of features and the ease of access it offers. Our housing finance for private employees is designed to address your unique funding needs and has perks that best suit your financial profile.
This credit facility comes with ample sanction that can help you build, buy, or renovate your home without delay or compromise. What’s more, you get a competitive rate of interest and enjoy a flexible tenor that you can tailor to your budget. It also has an easy balance transfer feature that simplifies refinancing and helps you avail a better deal without hassles. Be sure to use our handy home loan EMI calculator to your EMIs effectively.
Important links: What is Home Loan | Home Loan Eligibility Criteria | Documents Required for Home Loan | Joint Home Loan | Home Loan Tax Benefits | Home Loan Subsidy
Popular calculators for your financial calculations
How to apply for a Home loan for private employees
You can start the process by simply filling the online application form. To make things easier, here is a step-by-step guide.
- 1 Visit the website and click on ‘Apply Online’
- 2 Fill in basic personal details and enter the OTP
- 3 Use the online calculator to find the ideal loan amount and tenor
- 4 Enter your personal, employment, property, and financial details
Once you complete this form, await contact from an authorized representative with further instructions to get the loan amount in your bank account.
*Conditions apply
Taking the first step towards homeownership has never been easier with streamlined application processes. Before you begin your formal application, it is wise to understand what loan amount and terms you qualify for with Bajaj Finserv. Check your home loan offers to plan your home purchase effectively. You may already be eligible, find out by entering your mobile number and OTP.
Frequently asked questions
The loan amount a private employee can avail depends mainly on monthly income, credit history, and lender policy. Most banks and housing finance companies offer between 10 to 20 times of the monthly salary. For instance, a salary of Rs. 30,000 may fetch Rs. 3 lakh to Rs. 6 lakh. Depending on eligibility, this can extend up to Rs. 50 lakh or more. Curious how you qualify for a home loan from Bajaj Finserv? Check your eligibility now by entering your mobile number and OTP for verification.
If you earn Rs. 70,000 per month, your home loan eligibility can fall between Rs. 35 lakh to Rs. 58 lakh. The final figure depends on your credit profile, existing debts, and the lender’s rules. Typically, lenders allow EMIs up to 50% of your income and finance 75–90% of the property’s value.
Bajaj Finserv offers competitive interest rates for creditworthy applicants. You might already be eligible. Check your loan offers by entering your mobile number and OTP.
To secure a home loan of Rs. 25 lakh, most lenders expect a net monthly salary of at least Rs. 35,000 to Rs. 50,000. Other factors such as repayment track record, job stability, and a good credit score (ideally 750 or above) play a vital role in determining eligibility and smooth approval.
The EMI for a Rs. 50 lakh home loan depends on the chosen interest rate and repayment tenure. Generally, it may range between Rs. 41,500 and Rs. 62,600 per month. For instance, at an interest of 7.90% with a 20-year tenure, the EMI works out to around Rs. 47,500. Higher rates or shorter terms will increase this amount.
No bank or financial institution in India can offer a 100% home loan. Per RBI regulations, lenders can only finance a portion of the property’s value, usually between 75% and 90%. The remaining cost has to be borne by the borrower as the down payment. This ensures financial stability and reduces lending risk.
No, lenders usually do not offer 100% home loans. As per RBI rules, you can get up to 90% of the property’s cost as a loan. You will need to cover the rest from your own savings.
Most banks and lenders allow home loans from the age of 23 up to 70 years. For salaried individuals, the upper age limit is usually 65-67 years, while self-employed applicants may be eligible up to 70 years.
To qualify for a home loan of Rs. 20 lakh, you generally need a monthly income of at least Rs. 25,000. Your age, credit score, and existing financial obligations also influence the loan approval.
Check your loan offers with Bajaj Finserv to see your maximum eligible amount. Find out how you qualify by entering your mobile number and OTP.
Yes, lenders usually ask for income tax returns (ITRs) for the last three years. This helps them verify your income stability and repayment capacity before approving your home loan application.
Most lenders require at least 10% to 20% of the property value as a deposit. If you have less, you may need to pay extra charges and your loan approval might be affected.
Bajaj Finserv app for all your financial needs and goals
Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.
You can use the Bajaj Finserv App to:
- Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
- Invest in fixed deposits and mutual funds on the app.
- Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
- Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
- Apply for Insta EMI Card and get a pre-qualified limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
- Shop from over 100+ brand partners that offer a diverse range of products and services.
- Use specialised tools like EMI calculators, SIP Calculators
- Check your credit score, download loan statements and even get quick customer support—all on the app.
Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.
