Bajaj Finserv offers home loans with interest rates starting from 8.70% p.a., offering loan tenures of up to 30 years and financing up to 90% of the property’s value. Bajaj Finserv provides home loan solutions for purchasing, constructing, or renovating residential properties, tailored to meet the needs of both salaried and self-employed individuals.
The company also offers a home loan balance transfer facility, allowing borrowers to switch from other lenders at competitive rates, and top-up loan options for additional financial needs. With features like minimal documentation, quick approval, and flexible repayment plans, Bajaj FinServ Home Loans provide a convenient and customized borrowing experience.
Bajaj Finserv Home Loan Highlights Interest Rate* Starts from 8.40% onwards Loan Amount INR 10 Crores Loan Tenure Up to 30 years Processing Charges Up to 2% of the loan amount
Types of Home Loans
Type of Home Loan Purpose LTV Ratio Tenure Special Features Home Loan Purchase/Construction of a home Up to 90% Up to 30 years – Attractive interest rates- No hidden charges- Flexi Hybrid EMI option- Quick disbursal Home Loan Balance Transfer Transfer existing home loan balance Up to 90% Up to 30 years – Lower interest rates- Top-up loan facility- Fast approval and disbursal- No charges for part prepayment Home Loan for Improvement Renovation/Improvement of an existing home Up to 90% Up to 30 years – Attractive interest rates- Flexible repayment options- Quick processing- No hidden charges Home Loan for Plot Purchase Purchase of land Up to 90% Up to 30 years – Competitive interest rates- Easy documentation- Quick approval process- Option for part-prepayment and prepayment without penalties Home Loan for Self-Employed Purchase/Construction of a home by self-employed individuals Up to 90% Up to 30 years – Customized EMI plans- No hidden charges- Quick disbursal- Flexi repayment options Home Loan for Salaried Purchase/Construction of a home by salaried individuals Up to 90% Up to 30 years – Special interest rates for salaried professionals- No hidden charges- Quick approval and disbursal- Easy documentation
Why Choose Bajaj Finserv Home Loan?
Bajaj Finserv Home Loan Features & Benefits
Loan of up to Rs. 15 crore
Low Interest rates
Approval in 48 hours
Tenure up to 40 years
No foreclosure free for individuals
Hassle – free application
Balance transfer facility
5000 plus approved projects
Externally benchmarked interest rates
Bajaj Finserv Home Loan Interest Rate
Customer Type Effective Rate Of Interest For Salaried 8.50% per annum For Self-employed 8.75% per annum
Eligibility Criteria for Bajaj Finserv Home Loan
Requirements Salaried Self-Employed Residency Indian/NRI Indian/NRI Age 23 to 62 years 25 to 70 years Employment Status Employed with a reputed organisation 5+ years of business continuity Minimum Net Income Rs 25,000 Rs 25,000
Bajaj Finserv Home Loan Processing Fee and Charges
Charge Type Amount Processing Fees (Home Loan) Up to 4% of the loan amount Processing Fees (Balance Transfer) Up to 4% of the loan amount Processing Fees (Home Loan for Doctors) Up to 4% of the loan amount Processing Fees (Home Loan for Self-Employed) Up to 4% of the loan amount Processing Fees (Home Loan for Salaried) Up to 4% of the loan amount Penal interest 24% p.a. Secure Fee Upto Rs 10,000 Hard Copy Loan Statement Changes Upto Rs 500 Prepayment Charges (Floating Rate Loans) Nil Prepayment Charges (Fixed Rate Loans) 2% of the principal outstanding Foreclosure Charges Nil
Documents Required for Bajaj Finserv Home Loan
Documents Salaried Individuals Self-Employed Professionals SENP/Co./HUF/Partnership Firm/LLP Proof of Identity ✔ ✔ ✔ Address Proof ✔ ✔ ✔ Age Proof ✔ ✔ ✔ Passport-sized Photographs ✔ ✔ ✔ Last 3 months’ Salary Slips ✔ ✖ ✖ Last 6 months’ Bank Statements, showing salary credits ✔ ✖ ✖ Latest Form-16 and IT returns ✔ ✖ ✖ Last 2 year ITR ✖ ✔ ✔ At least last 2 years’ Balance Sheet and P&L A/c Statements ✖ ✔ ✔ Last 12 months’ Savings Account Statements ✖ ✔ ✔ Own Contribution Proof ✔ ✔ ✔ Employment Contract ✔ ✖ ✖ Last 6 months’ Bank Statements ✔ ✔ ✔ Passport size photograph ✔ ✔ ✔ Cheque for processing fee favoring Bajaj Finserv ✔ ✔ ✔ Business Profile ✖ ✔ ✔ Latest Form 26 AS ✖ ✔ ✔ Memorandum and Articles of Association of the Company ✖ ✔ ✔ Details of ongoing loans ✖ ✔ ✔ Sales deed ✔ ✔ ✔ NOC from the housing society or builder ✔ ✔ ✔ Occupancy certificate (for constructed apartments) ✔ ✔ ✔
Completed loan application
3 Passport size photographs
Proof of identify (photo copies of Voters ID card/ Passport/ Driving licence/ IT PAN card)
Proof of residence (photo copies of recent Telephone Bills/ Electricity Bill)
Statement of Bank Account/ Pass Book for last six months
Form 16/IT returns for the last two financial years for salaried employees
IT returns for the three years for self-employed professionals
Property tax receipt
Proof of business address for non-salaried individuals
Personal assets and liabilities statement
For guarantor (wherever applicable):
Personal Assets and Liabilities Statement
2 passport size photographs
Proof of identification as above
Proof of residence as above
Proof of business address as above
Signature identification from his/her present bankers
Fill out the online application form with the required details on the official website.
Provide information about the property you wish to purchase.
Pay a secure online fee at the time of application. A Relationship Manager will guide you through the rest of the process.
Upload all essential scanned documents online for verification.
For Self-employed Individuals:
Submit your application online.
Complete the application form with the necessary details.
Expect a pre-approved loan offer from a bank representative.
How to Apply for a Home Loan at Bajaj Finserv?
You can apply in two ways:
Through the official Bajaj Finserv portal by filling out the application form and tracking the application status online.
Contact Us at +91 636909 5433 or Visit Grow Associates for more convenient option
Bajaj Finserv Home Loan Interest Rates vs Other Banks & HFCs
Bank Up to Rs. 30 Lakh Above Rs. 30 Lakh to Rs. 75 Lakh Above Rs. 75 Lakh Bajaj Housing Finance 8.50% p.a. onwards 8.50% p.a. onwards 8.50% p.a. onwards SBI Bank 8.5% p.a. onwards 8.5% p.a. onwards 8.5% p.a. onwards HDFC Bank 8.7% p.a. onwards 8.7% p.a. onwards 8.7% p.a. onwards ICICI Bank 8.85% p.a. onwards 8.85% p.a. onwards 8.85% p.a. onwards Kotak Mahindra Bank 8.70% p.a. onwards 8.70% p.a. onwards 8.70% p.a. onwards Punjab National Bank 8.40% – 12.10% p.a. 8.40% – 12.10% p.a. 8.40% – 12.10% p.a. Axis Bank 8.75%-13.30% p.a. 8.75%-13.30% p.a. 8.75%-9.65% p.a. Bank of India 8.4% p.a onwards 8.4% p.a onwards 8.4% p.a onwards TATA Capital 8.75% p.a. onwards 8.75% p.a. onwards 8.75% p.a. onwards
Other Bajaj Finserv Loans
