Bajaj Housing Finance offers a Home Loan with a variety of benefits. Our home loans, including our Home Loan of Rs.2.5 Crore, have been designed to make it easier for homebuyers to afford their dream home while keeping loan repayment completely stress-free. If you want a Rs.2.5 Crore Home Loan, apply with us for a completely stress-free loan journey.
Home Loan of up to Rs.2.5 Crore: Overview
Bajaj Housing Finance offers Home Loans at interest rates starting as low as 8.45%* p.a. If you have a strong income profile and job stability and an excellent credit score, you become eligible for our lowest Home Loan interest rates.
The Home Loan EMI for a Home Loan of up to Rs.2.5 Crore will vary based on the tenor you have chosen. The following table will help you understand the EMI amount for various tenor ranging from 10 to 40 years, with an interest rate of 8.45%* p.a.
| Home Loan | Tenor | EMI |
|---|---|---|
| Rs. 2.5 Cr | 40 years | ₹1,82,323 |
| Rs. 2.5 Cr | 30 years | ₹1,91,343 |
| Rs. 2.5 Cr | 25 years | ₹2,00,465 |
| Rs. 2.5 Cr | 20 years | ₹2,16,165 |
| Rs. 2.5 Cr | 15 years | ₹2,45,453 |
| Rs. 2.5 Cr | 10 years | ₹3,09,296 |
A lot of people will tell you that you should try and opt for a short long tenor. However, when the loan amount is as high as Rs.2.5 Crore, it is best to keep the loan tenor long and EMIs affordable so that chances of defaulting on loan repayment automatically go down.
Home Loan of Rs.2.5 Crore: Interest Rate
Bajaj Housing Finance offers Home Loans at interest rates as low as 8.45%* per annum. However, the final interest rate that will be offered to you will be decided based on several factors, such as your age, income and CIBIL score.
Home Loan of Rs.2.5 Crore: Features and Benefits
Following are some features and benefits you can enjoy with a Home Loan offered by Bajaj Housing Finance.
Low Interest Rates
Bajaj Housing Finance’s competitive Home Loan interest rates simplify the process of Home Loan repayment and help borrowers keep their EMIs affordable even when the borrowed amount is as high as Rs.2.5 Crore.
Flexible Repayment Tenor
With us, borrowers can choose to repay their loan over a period stretching up to 40 years.
Sizeable Loan Sanction
Bajaj Housing Finance offers Home Loans up to Rs.5 Crore* or higher, basis eligibility. This helps you buy the house you dream of, without budget being a constraint.
Online Tools to Help
Want to know the ideal loan amount and Home Loan EMIs for you based on your income and other factors? Use our Home Loan EMI calculator. Similarly, use our Home Loan eligibility calculator to understand the Home Loan amount you will qualify.
Zero Part-Prepayment and Foreclosure Charges
Borrowers who have availed of a Home Loan on floating interest rates from us can part-prepay or foreclose their loan at any time without paying any additional charges.
Online Account Management
Now access your loan account details, make payments, raise queries and complaints any time and from anywhere using our online customer portal.
Home Loan of Rs.2.5 Crore: Eligibility Criteria
Our Home Loan eligibility criteria are simple and easy-to-meet. These are our Home Loan eligibility criteria for salaried and self-employed professionals.
Home Loan Eligibility Criteria for Salaried Professionals
- The applicant can be a residing citizen of India or an NRI
- They must be between 23 and 75 years** of age at the time of loan maturity
- 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
- They must be between 25 and 70 years** of age at the time of loan maturity
- They must be able to show at least 5 years’ business vintage
** maximum age is considered at the time of loan maturity.
Home Loan of Rs.2.5 Crore: Documents Required
Please keep the following documents ready for a hassle-free loan application process.
- KYC documents
- Passport-size photographs
- Latest salary slips (for salaried applicants)/TR document and P&L statements (for self-employed applicants)
- Bank account statements of the previous 6 months
- In the case of self-employed professionals, documents that establish at least 5 years of business vintage.
Please note that this is only an indicative list. Our representatives may ask you for additional documents. However, all document-related requirements will be communicated to you well in advance by our team members.
