Rate of Interest - 7.5%* onwards
In the current monetary system, the Reserve Bank of India uses the repo rate as a money market tool to achieve several fiscal goals for the economy. Any increase or decrease in the same effects the ROI of the financial lending institution.
The current repo rate is 4.00% and the BHFL ROI is 8.85%*.
BHFL FRR- 13.35%
** Loan up to 30 Lakhs
“ On or before March 18, BHFL FRR was applicable for all type of loans (secured & unsecured) booked by the Company however, this benchmark rate is applicable for unsecured loans post this period.”
*Applicable following 1st EMI clearance.
FORECLOSURE CHARGES & PRE-PAYMENT CHARGES
Floating Rate Loans: If all Borrowers and Co-Borrowers are Individuals
Floating Rate Loans: If any Borrower or Co-Borrower is a Non-Individual
Fixed Rate Loans: All Borrowers (including individuals)
* GST as applicable will be payable by the Borrower in addition to the Prepayment Charges.
Home Loan Eligibility and Documentation
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How to Apply for Home Loan
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