Rural Home Loan

To qualify for PMAY-Gramin, you must live in a rural area and not own a solid, permanent house. Families staying in kutcha homes with temporary roofing are eligible. Special focus is given to groups like Scheduled Castes, Scheduled Tribes, minorities, and landless labourers. Socio-economic conditions such as female-led homes or illiterate adults may also affect eligibility.

The PMAY-Gramin scheme aims to reduce the housing gap in rural areas. It supports the dream of "Housing for All" by offering affordable homes. Every house built under this scheme measures at least 25 square metres and includes a clean space for cooking, improving living conditions in villages.

Rural housing finance provides loans to people living in villages, especially those from low-income or economically weaker groups. It helps families with limited money get access to home loans so they can build or improve their houses in rural areas.

If you are looking for rural housing finance beyond government schemes, private lenders like Bajaj Finserv offer comprehensive home loan solutions with competitive terms. Check your eligibility for home loan from Bajaj Finserv to explore additional financing options. You may already be eligible, find out by entering your mobile number and OTP.

Yes, under PMAY-Gramin, the government has aimed to build 3.32 crore homes. By 19 November 2024, 3.21 crore homes were approved and 2.67 crore were completed. This effort has given better living spaces to millions of rural families across the country.

Homes in villages are not just for living—they are also where many families run small businesses, store goods, or keep animals like cows and poultry. Good housing supports both family life and work, making it important to meet the special needs of rural households.

Given the importance of rural housing for both residential and business purposes, securing adequate financing becomes essential for building a home that meets all your needs. A home loan from Bajaj Finserv can help you construct or purchase a property that serves multiple purposes in rural areas. Check your loan offers today to find the right financing solution. You may already be eligible, find out by entering your mobile number and OTP.

Yes, Bajaj Finserv offers home loans specially designed for rural areas. These loans are ideal for those wanting to build, buy, or renovate homes in villages or smaller towns. The process is simple, with basic documents like ID proof, income papers, and property records required. Borrowers in rural areas can benefit from quick approvals, flexible repayments, and a hassle-free experience. You might already be eligible. Check your offers now by entering your mobile number and OTP.

The rural home loan interest rates offered by Bajaj Finserv are competitive. For salaried individuals, the interest ranges from 7.49%* to 10.25%* p.a.. For self-employed borrowers, it varies between 7.85%* to 10.65%* p.a.. The exact rate depends on the applicant’s credit score, income, loan amount, and chosen repayment period.

Under the Pradhan Mantri Awas Yojana – Gramin (PMAY-G) scheme, eligible applicants in rural areas can receive interest subsidies on their home loan. This initiative supports the construction or purchase of a permanent (pucca) home and may also include additional financial aid through government schemes for improved housing and basic facilities.

Yes, farmers can apply for a rural home loan from Bajaj Finserv if they meet the set conditions. These include being an Indian resident and having the required age, credit score, and documents. Farmers are treated as self-employed applicants, and if they provide proof of income and land or property ownership, they may qualify for housing finance.

The minimum rural home loan amount depends on your income, property value, and eligibility. Bajaj Finserv assesses each application individually. To know the specific amount you qualify for, it's best to use the home loan eligibility calculator on their website or speak with their representatives for personalised guidance.

Bajaj Finserv offers rural home loans of up to Rs. 15 Crore*, depending on factors like your income, property value, credit score, and ability to repay. This maximum loan limit allows borrowers in rural areas to fund major housing projects or buy larger properties, provided they meet the required eligibility criteria. Wondering how you qualify? Check your eligibility now by entering your mobile number and verifying it with an OTP.

The Pradhan Mantri Awaas Yojana – Gramin (PMAY-G) was launched to meet the goal of ‘Housing for All’ in rural India. It aims to support around 4.95 crore eligible families by March 2029. The scheme provides financial help to build or buy homes with basic amenities in villages and is run by the Ministry of Rural Development.

You may be eligible for a Bajaj Finserv rural home loan if you’re an Indian resident aged 23–67 years (salaried) or up to 70 years (self-employed). Salaried individuals need at least 3 years of job experience, while self-employed applicants must have a stable business track record of 5 years. A credit score of 725 or above is recommended, along with valid ID, income proof, and property documents.