Home Loan for Women

Home Loan for Women: Overview

The process of owning a house is much easier with a Bajaj Housing Finance Home Loan, where interest rates start as low as 7.25%* p.a. for salaried borrowers.

As a female Home Loan borrower, you can be at an advantage here. Along with gaining access to Home Loans with attractive benefits, you can also avail of benefits from the special measures taken by the government to incentivise and promote female homeownership. Apart from this, as a female owner, you are also eligible for lower stamp duty rates in several Indian states along with a degree of concession on property registration charges.

Additionally, if a property is jointly owned by you or registered in your name, you can enjoy tax benefits under Section 123 and Section 22 if you choose the old tax regime.

Features and benefits of the Home Loan for Women

Loan Amount of Rs.15 Crore*

Home Loan borrowers can avail of a loan amount of up to Rs.15 Crore* or even higher, basis eligibility.

Competitive Interest Rates

Eligible borrowers can benefit from our competitive Home Loan interest rates and pay EMIs as low as Rs.671/Lakh*.

Long Repayment Tenure

Repay your Home Loan comfortably over a tenure of up to 32 years.

Easy Balance Transfer Facility

Borrowers with active Home Loans can transfer their existing loan balance to us and avail of a Top-up Loan, subject to eligibility.

Doorstep Document Pick-up

Enjoy the convenience of doorstep document pickup, with no branch visit required.

Zero Part-Prepayment and Foreclosure Charges

Individual borrowers with floating-rate housing loans for housing purposes can make part-prepayments or foreclose their loans without any additional charges. However, for fixed rate Home Loans, prepayment charges apply if payment is not made from 'Own Sources'.
Note: 'Own Sources' refers to any source other than borrowing from a bank/NBFC/HFC and/or a financial institution.

Online Customer Portal

Access your loan account anytime through our online Customer Portal to track applications, download statements, and raise service requests.

Quick Disbursal

Get loan disbursal in as little as 48 Hours* after successful document verification and approval.

Home Loan for Women: Interest Rates, Fees, and Charges

The fees and charges applicable on our Home Loans are feasible and aim to bring you the best deal possible that is suited to your eligibility.

Borrowers are advised to use our Home Loan EMI Calculator  to compare the current home loan interest rates. High eligibility, including income, credit profile, and employment status, will help you keep the Home Loan rates negotiable. To know more about the current interest rates on our Home Loan offerings, click here.

Stamp Duty Concessions for Women Homebuyers

Women homebuyers may be eligible for lower stamp duty rates when purchasing and registering a property in their name. This concession can help reduce the overall cost of acquiring a home, making homeownership more affordable. The extent of the benefit varies across states and depends on the applicable stamp duty rates at the time of property registration.

Tax Benefits Available to Women Homebuyers

Women homebuyers can claim tax deductions under the old tax regime of the Income Tax Act, 2025:

Deduction Type	Income Tax Section	Maximum Deduction (Rs.) per Year	Eligibility Criteria
Principal Repayment on Home Loan	Section 123	Up to Rs.1.5 Lakh	The property purchased with the Home Loan should not be sold within five years from the date of possession.
Interest Paid on Home Loan	Section 22	Up to Rs.2 Lakh	The loan must be used for the purchase or construction of a residential property. Construction should be completed within five years from the end of the financial year in which the loan was disbursed.
Additional Interest Deduction for Eligible Borrowers	Section 130	Up to Rs.50,000	The Home Loan amount should not exceed Rs.35 Lakh, and the property's value should not be more than Rs.50 Lakh.
Stamp Duty and Registration Charges	Section 123	Up to Rs.1.5 Lakh	The deduction can be claimed only in the financial year in which the stamp duty and registration charges are paid.
Joint Home Loan Benefits	Sections 123 and 22	Up to Rs.1.5 Lakh on principal and Rs.2 Lakh on interest	All applicants seeking tax benefits must be co-owners of the property and contribute towards the repayment of the Home Loan.
Additional Interest Deduction on Affordable Housing	Section 131	Up to Rs.1.5 Lakh	The loan should have been sanctioned between 1 April 2019 and 31 March 2022. The property's stamp duty value must not exceed Rs.45 Lakh. The borrower should be a first-time homebuyer and should not be claiming benefits under Section 130. This deduction is available over and above the deduction under Section 22.

Documents Required for Women Home Loan Applicants

Female Home Loan applicants who wish to apply for a Home Loan need to submit the following checklist of documents***:

Mandatory Documents: A valid PAN Card or Form 60 is required for all applicants
KYC Documents: Your recent passport-sized photograph, along with valid ID proofs such as Voter ID, Aadhaar Card, Passport, or Driving Licence
- For salaried or salaried professionals: Last 3 months’ salary slips
- For self-employed individuals: Profit & Loss Statement and Income Tax Returns (ITR)
- For all applicants: Bank statements for the past 6 months from the primary account
Business Proof (if applicable): Evidence showing a minimum business vintage of 3 years is required for self-employed or non-professional applicants
- Doctors: Copy of MBBS degree or higher
- Chartered Accountants: A valid Certificate of Practice (COP)
- Property-related Documents: The Title Deed, Allotment Letter, and Property Tax receipts of the property being purchased or financed

Eligibility Criteria for Women Applying for Home Loans

Before applying for a Home Loan, it’s important to ensure that you meet the eligibility criteria. These may vary slightly depending on your employment type — whether you’re salaried, self-employed, or a professional running your own practice:

Eligibility Parameters	Salaried	Self-Employed	Self-Employed Professionals
Nationality	Indian citizens, including NRIs	Indian citizens (resident only)	Indian citizens (resident only)
Age	Between 23 and 67 years**	Between 25 and 70 years**	Between 25 and 70 years**
Employment	Minimum of 3 years of continuous work experience in a public or private sector company, or a multinational corporation (MNC)	Minimum of 3 years of business continuity in the current enterprise	Minimum of 3 years of business continuity in the current operations

**The upper age limit is considered as age at the time of loan maturity. Additionally, the upper age limit is subject to change, depending on the property profile.

Steps to Apply for a Home Loan Online

Applying for a Home Loan with us is quick and convenient. Follow these simple steps to submit your application online:

Visit our Home Loan application form.
Enter your name and mobile number.
Choose your employment category and preferred loan type.
Provide your income details and PIN code.
Specify the loan amount you wish to avail of.
Click on ‘Generate OTP’.
Verify your mobile number by entering the OTP and complete the remaining application details.

After your application is submitted, one of our representatives will contact you within 24 hours* to guide you through the subsequent steps of the Home Loan process.

*Terms and conditions apply.

Frequently Asked Questions

Yes, women homebuyers may be eligible for concessional stamp duty rates when purchasing and registering a property in their name. The extent of the concession varies by state and can help reduce the overall cost of property acquisition.

Eligible women homebuyers can avail of several tax benefits on a Home Loan under the old tax regime:

Section 123 – Deduction on Home Loan Principal Repayment
Claim a deduction of up to Rs.1.5 Lakh per financial year on the principal component of your Home Loan. The property should not be sold within five years from the date of possession.
Section 22 – Deduction on Home Loan Interest
Claim a deduction of up to Rs.2 Lakh per financial year on the interest paid towards a Home Loan. The loan must be used for the purchase or construction of a residential property, and construction should be completed within five years from the end of the financial year in which the loan was disbursed.
Section 130 – Additional Interest Deduction for Eligible Borrowers
Eligible borrowers can claim an additional deduction of up to Rs.50,000 on the Home Loan interest component. To qualify, the Home Loan amount should not exceed Rs.35 Lakh, and the property's value should not exceed Rs.50 Lakh.
Section 123 – Deduction on Stamp Duty and Registration Charges
Claim a deduction of up to Rs.1.5 Lakh on stamp duty and registration charges. This benefit can be claimed only in the financial year in which these expenses are incurred.
Sections 123 and 22 – Tax Benefits on Joint Home Loans
Co-borrowers can claim deductions of up to Rs.1.5 Lakh on principal repayment and up to Rs.2 Lakh on interest payment, subject to eligibility. To avail of these benefits, all applicants must be co-owners of the property and contribute towards loan repayment.
Section 131 – Additional Interest Deduction on Affordable Housing
Eligible borrowers can claim an additional deduction of up to Rs.1.5 Lakh on Home Loan interest over and above the deduction available under Section 22. The Home Loan should have been sanctioned between 1 April 2019 and 31 March 2022, the property's stamp duty value should not exceed Rs.45 Lakh, and the borrower should be a first-time homebuyer not claiming benefits under Section 130.

Yes, a woman can apply for a Home Loan jointly with her spouse, parent, or another eligible co-applicant.

We offer a long repayment tenure of up to 32 years, allowing borrowers to choose a repayment schedule that suits their financial goals and budget.

No, individual borrowers with floating-rate housing loans for housing purposes can make part-prepayments or foreclose their Home Loan without incurring any prepayment or foreclosure charges. However, for fixed rate Home Loans, prepayment charges apply if payment is not made from 'Own Sources'.

Note: 'Own Sources' refers to any source other than borrowing from a bank/NBFC/HFC and/or a financial institution.

The documents required typically include identity proof, address proof, income documents, bank statements, and property-related documents. Additional documents may be requested at the time of loan processing.