Home Loan Interest Rates

Home Loan - Fees and Interest Rates

For Salaried

Promotional Interest Rate for Salaried = 8.60%** onwards

*BHFL-SAL FRR (Bajaj Housing Finance Limited Floating Reference Rate for Salaried customers) – 12.90%

For Self-employed

Home Loan: BHFL-SE FRR* – Margin = 9.35% to 11.15%

*BHFL-SE FRR (Bajaj Housing Finance Limited Floating Reference Rate for Self Employed customers) – 13.30%
** Loan up to 30 Lakhs

BHFL FRR for cases booked prior to April 2018 was 12.95%

Other charges

TYPES OF FEES	CHARGES APPLICABLE
Processing fees	Up to 6% of the Loan amount
Loan statement charges	NIL
Interest and principal statement charges	NIL
EMI bounce charges	Up to Rs. 3,000/-
Penal interest	Up to 2% Penal Interest
Secure fee	Up to Rs.4,999 (One time)

*Applicable following 1st EMI clearance.

Part Prepayment Charges & Foreclosure Charges

Floating Rate Loans: If all Borrowers and Co-Borrowers are Individuals

Borrower Type: Interest Type	Term Loan	Flexi Term Loan	Flexi Hybrid Loan
Time Period (Months)	>1	>1	>1
Foreclosure Charges	Nil	Nil	Nil
Part Payment Charges	Nil	Nil	Nil

Floating Rate Loans: If any Borrower or Co-Borrower is a Non-Individual

Fixed Rate Loans: All Borrowers (including individuals)

	Term Loan	Flexi Term Loan	Flexi Hybrid Loan
Time Period (Months)	>1	>1	>1
Foreclosure Charges	4% * on Principal Outstanding	4%* on the available Flexi Loan Limit	4% * on Sanctioned Amount during Flexi Interest Only Loan Repayment Tenure; and 4%* on the available Flexi Loan Limit during Flexi Term Loan Tenure
Part Payment Charges	2% * on the Part- Payment Amount	NA	NA