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Home Loan Starting 6.70%*

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Home Loan for Private Employees: Overview

People working for private organisations can now acquire home loans designed especially for them. Bajaj Housing Finance has a special home loan provision in store for the private sector employees. Substantially high loan amount, manageable interest rates and convenient EMIs are some of the key benefits associated with housing loans. With an easy application process, and eligibility criteria that can be easily met, the home loans offered by Bajaj Housing Finance are uncomplicated and rewarding.

Home Loan for Private Employees - Features and Benefits

  • Repay the Interest in EMIs Initially: The Flexi Hybrid Home Loan facility extended by Bajaj Housing Finance Finserv is as convenient as it can get. It sanctions the exact amount that you require from the overall loan limit. For the initial part of the tenor, repaying only the interest in the form of EMIs is a feasible option. The principal amount can be settled towards the end of the tenor.
  • Tenors Can Range Up to 25 Years: Depending on the repaying capacity, the home loan for private employees can be as hefty as 3.5 crore INR. Settling such a steep amount is always an uphill task. However, if the tenor is large enough, handling the finances becomes painless. Bajaj Housing Finance, acknowledging the same, permits the loan to be settled over a maximum period of 25 years. You can conveniently pay off a large amount in small segments over an extensive period.
  • Zero Part-Prepayment and Foreclosure Charges: After paying the first instalment, you can either part-prepay or foreclose the home loan sans any additional charge.
  • Savour Lower Interest Rates by Transferring the Home Loan Amount:  Home Loan Balance Transfer  is an appreciable feature of Bajaj Housing Finance Home Loan. A home loan acquired from another financial institution can be transferred to Bajaj Housing Finance. Such activity can be realised to bring down the interest rates. Moreover, the Home Loan Balance Transfer feature comes with an additional provision of a top-up loan of up to 50 lakhs INR. Apply for such a loan to fulfil your other requirements.
  • Online Account Access Through Customer Portal:  Access information pertaining to your home loan anytime through the digital customer portal. 

Housing Loan for Private Employees - Eligibility Criteria

Below are the eligibility criteria that need to be fulfilled by private employees before applying for a Bajaj Housing Finance home loan.

  • You must be an Indian citizen
  • Your age should range anywhere between 23 and 58 years
  • You must be a working professional with experience of a minimum of 3 years
  • The least amount that can be borrowed is 10 lakh INR, and the maximum amount that can be availed as a loan is 3.5 crore INR

Home Loan for Private Employees: Interest Rate, Fees and Other Charges

Acquiring a housing loan for private employees from Bajaj Housing Finance is convenient and affordable, as the interest rate and other charges are nominal. To know more about our home loan interest rates and charges in detail. Click Here 

How to Connect with Bajaj Housing Finance Customer Care

In case of any query, you can dial the Bajaj Housing Finance Customer Care number - 08698010101 (existing customers only) and speak with our representatives. If you are a first-time loan applicant, separate contact details have been mentioned under the home loan section.