Home Loan Up to Rs.1.5 Crore at 8.50%* Interest Rate

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Home Loan of Rs.1.5 Crore: Overview

Real estate purchases make for valuable investments and availing of a Home Loan can make your property purchase smooth and hassle-free. Eligible borrowers can receive sizeable Home Loans of Rs.1.5 Crore to either make their dream homes a reality or to scale up their investment portfolio. If you wish to avail of a Home Loan, you can choose Bajaj Housing Finance and benefit from a host of features, such as a flexible repayment tenor and a competitive interest rate.

Home Loan of Rs.1.5 Crore: EMI and Interest Rates

Interested borrowers can avail of a Home Loan, with an interest rate starting as low as 8.50%* p.a. for salaried individuals, upon meeting our minimal eligibility parameters. Additionally, to keep the EMI payments manageable, borrowers can also opt for a repayment tenor of up to 40 years and repay without hampering their personal finances.

Home Loan of Rs.1.5 Crore: Features and Benefits

Features and Benefits of Rs.1.5 Crore Home Loan

Competitive Interest Rates

Bajaj Housing Finance offers Home Loans at competitive interest rates to salaried, professional, and self-employed applicants, ensuring that your overall cost of borrowing is manageable.

Long Repayment Tenor

With Bajaj Housing Finance, borrowers can choose to repay their loan over a period extending up to 40 years to ensure timely payments without derailing other financial plans.

Sizeable Loan Sanction

We offer Home Loans of varying ticket sizes to ensure that your budget can accommodate the property of your dreams. Avail of a Home Loan of Rs.1.5 Crore or higher, based on eligibility.

Zero Part-prepayment and Foreclosure Charges

Individual borrowers who have availed of a Home Loan on floating interest rates can part prepay or foreclose their loan at any time without paying any additional charges.

Easy-to-Meet Eligibility Criteria

Our Home Loan eligibility criteria are easy-to-meet, thereby, ensuring a smooth Home Loan application and disbursal process.

Home Loan of Rs.1.5 Crore: Eligibility Criteria

Eligibility Criteria for a Home Loan up to Rs.1.5 Crore

It is important to check the Home Loan eligibility criteria, so you can maximize your chances of getting a Home Loan. Our criteria vary on the basis of employment type. Check out the following housing loan eligibility criteria:

Home Loan Eligibility Criteria for Salaried Professionals

The applicant should be an Indian (including NRI) between 23 and 75 years**.
They should be able to show at least 3 years of work experience.

Home Loan Eligibility Criteria for Self-Employed Professionals

The applicant should be an Indian (resident only) between 25 and 70 years**.
They should be able to show at least 5 years of business vintage.

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

Home Loan of Rs.1.5 Crore: Documents Required

Borrowers should keep the following documents*** ready for a hassle-free Home Loan process:

Passport-size photographs
KYC documents that act as an identity proof and residential proof
PAN Card or Form 60 of the borrower (mandatory)
Financial documents that include the latest salary slips, ITR and P&L statements (for self-employed applicants)
Self-employed professionals should also provide documents that establish proof of business and a minimum 5 years of business vintage.

***Additional documents may be requested at the time of loan processing.

EMIs for Rs.1.5 Crore Home Loan for Different Tenors

The following table shows details of EMIs for Rs.1.5 Crore Home Loan for the tenor of 10 years, 15 years, 20 years, 25 years, 30 years, and 40 years at an interest rate of 8.50%*p.a. You can also use our online Home Loan EMI Calculator to calculate the EMIs for a Home Loan of Rs.1.5 Crore.

Home Loan Amount	Loan Tenor	EMI
Rs.1.5 Crore	40 years	Rs.1,09,964
Rs.1.5 Crore	30 years	Rs.1,15,337
Rs.1.5 Crore	25 years	Rs.1,20,784
Rs.1.5 Crore	20 years	Rs.1,30,173
Rs.1.5 Crore	15 years	Rs.1,47,711
Rs.1.5 Crore	10 years	Rs.1,85,979

Steps to Apply for a Home Loan up to Rs.1.5 Crore

Applying for a Home Loan of Rs.1.5 Crore with Bajaj Housing Finance is easy, and can be completed in just a couple of minutes:

Go to Bajaj Housing Finance’s official website and click on the Home Loan application form.
Next, select your employment type and choose the type of housing loan you wish to avail.
Enter the requested OTP and complete the rest of the application.

Once we receive your housing loan application, our representative will get in touch with you within 24 hours* to walk you through the next steps.

*Terms and conditions apply.

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