Are you looking to purchase your dream home? Bajaj Housing Finance Limited (BHFL) offers home loan interest rates customized to suit your financial needs. With attractive rates starting from as low as 8.50% p.a., flexible tenures, and minimal documentation, BHFL makes homeownership affordable and hassle-free. Whether you're a first-time buyer or looking to transfer your existing home loan for better rates, Bajaj HFL provides solutions designed to save you money and simplify the process. Explore the current Bajaj HFL home loan interest rates, eligibility criteria, and benefits to make an informed decision for your home financing journey.
Category | Interest Rate (p.a.) | Details |
---|---|---|
Salaried Individuals | Starting from 8.60% | Competitive rates for salaried professionals, ensuring affordable EMIs. |
Self-Employed Individuals | Starting from 8.70% | Tailored rates for self-employed applicants, designed to suit diverse financial profiles. |
Women Borrowers | Starting from 8.55% | Special discounted rates for women borrowers, encouraging homeownership. |
Loan Amount | Up to ₹5 Crore | High-value loans to support home buying, construction, or renovation needs, based on eligibility. |
Repayment Tenure | Up to 30 Years | Flexible repayment options to manage financial planning effectively with affordable EMIs |
Processing Fees | 0.50% - 1% | Minimal processing fees, making the loan process cost-efficient. |
Prepayment/Foreclosure Charges | Nil for Floating Rate Loans | No charges on prepayment or foreclosure for individual borrowers with floating rate loans, providing repayment flexibility. |
Top-Up Loan Facility | Up to ₹50 Lakh | Avail additional financial assistance with top-up loans on existing home loans. |
Quick Approval | Within 24-48 Hours | Fast-track approval with minimal documentation for quick access to funds. |
Benefits for Women | Lower interest rates | Women borrowers enjoy reduced rates and flexible terms, making home loans more accessible and empowering. |
Tax Benefits | Under Section 80C and 24 | Enjoy tax benefits on principal repayment and interest paid, making home loans more cost-effective. |
Loan Amount: Up to ₹5 Crore* or higher, depending on eligibility.
Repayment Tenure: Flexible options up to 32 years, allowing manageable EMIs.
Processing Fees: Up to 4% of the loan amount plus applicable taxes.
Prepayment/Foreclosure Charges: No charges for individual borrowers with floating interest rate loans.
Top-Up Loan Facility: Option to avail of a top-up loan for additional financial needs, based on existing loan terms.
Quick Approval: Loan approval and disbursal within 48 hours*, subject to document verification and eligibility.
Note: *Terms and conditions apply. Interest rates and charges are subject to change based on market conditions and applicant eligibility. For the most current information, please refer to the official Bajaj Housing Finance website or contact their customer service.
Selecting the suitable Bajaj home loan scheme is crucial to align with your financial goals and repayment capacity, but here is to make this task simpler for you. Just keep a few points in mind and choose the best option. Bajaj Housing Finance Limited (BHFL) offers a variety of home loan options customized to suit diverse needs. You can also calculate the EMI with the use of Bajaj home loan EMI calculator. Here's a guide to help you select the ideal BHFL home loan scheme:
Carefully analyzing your needs and the features of each BHFL home loan scheme, you can select the one that best aligns with your financial goals and homeownership aspirations.