Home Loan of up to Rs.1.5 Crore_Banner_WC

Banner-Dynamic-Scroll-CockpitMenu_HomeLoan

Home Loan of Rs.1.5 Crore: Overview

Home Loan of Rs.1.5 Crore: Overview

Real estate purchases make for valuable investments and having a Bajaj Housing Finance Home Loan handy can make your next property purchase smoother and hassle-free. Eligible borrowers can receive sizeable Home Loan of up to Rs.1.5 Crore, or higher, to either make their dream homes a reality or to scale up their investment portfolio with a lucrative real estate option – whatever be your need, a Home Loan is an assured way to buy property without compromise.

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

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

Low Interest Rates 

Bajaj Housing Finance offers Home Loans at interest rates starting as low as 8.50%* p.a. for salaried borrowers.

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

Home Loan Eligibility Criteria for Self-Employed Professionals

  • The applicant must be an Indian (Resident) between 25 and 70 years**
  • They must 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

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 latest salary slips, tax returns and P&L statements (for professional applicants)
  • Self-employed professionals must also provide documents that establish proof of business and a minimum 5 years’ business vintage

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

EMIs for Rs.1.5 Crore Home Loan for Different Tenors

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

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 an 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

Home Loan of up to Rs.1.5 Crore_RAC_WC

Home Loan of up to Rs.1.5 Crore_PAC

People Also Consider

KNOW MORE

KNOW MORE

KNOW MORE

KNOW MORE

MissedCall-CustomerRef-RHS-Card

P1 CommonOHLExternalLink_WC

Apply Online For Home Loan
Online Home Loan

Instant Home Loan approval at just

Rs. 1,999 + GST*

Rs.5,999 + GST
*Non Refundable