Frequently Asked Questions
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Bajaj HFL offers home loan interest rates starting from 8.50% p.a. for salaried individuals and 8.70% p.a. for self-employed individuals, subject to eligibility and loan tenure.
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Yes, Bajaj HFL provides discounted interest rates for women borrowers, starting at 8.55% p.a., encouraging homeownership.
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The interest rate depends on factors such as the applicant's credit score, income, employment type (salaried or self-employed), loan amount, tenure, and the property’s location and value.
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Bajaj HFL offers both fixed and floating interest rate options. Floating rates are linked to market conditions, while fixed rates remain constant throughout the tenure.
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The maximum loan tenure is 30 years, allowing borrowers to plan affordable EMIs.
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Yes, Bajaj HFL charges processing fees (0.50% - 1% of the loan amount) and applicable taxes. Other fees may include documentation charges, legal fees, and prepayment/foreclosure charges for fixed-rate loans.
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No prepayment or foreclosure charges are applicable for floating interest rate loans. Charges may apply for fixed-rate loans.
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Yes, you can transfer your existing home loan to Bajaj HFL through their balance transfer facility, which offers competitive rates and an option for a top-up loan.
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While the exact credit score requirement is not disclosed, a score of 750 or above is typically considered favorable for securing lower interest rates.
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Bajaj HFL offers home loans of up to ₹5 crore, subject to eligibility criteria and property valuation.
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You can apply online through the Bajaj HFL website or visit the nearest branch. Use the online EMI calculator to check interest rates and plan your repayment.
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Yes, borrowers can claim tax benefits under Section 80C (principal repayment) and Section 24(b) (interest repayment) of the Income Tax Act.
