Home Loan of up to Rs.3.5 Crore: Overview
Bajaj Housing Finance offers Home Loans of up to Rs.3.5 Crore (or higher, basis eligibility) to facilitate the smooth purchase of your dream home. Apart from the benefit of sizeable loan sanctions, the loan also comes with flexible repayment plans, reasonable EMI schedules and a host of other helpful features.
Make the move today and take a leap towards making your dream home a reality, with the Bajaj Housing Finance Home Loan.
Home Loan of up to Rs.3.5 Crore: Interest Rate and EMIs
The interest rate on our Home Loans begins at 8.45%* per annum. But a borrower's age, monthly income, credit score, and other factors are taken into account when deciding on the final interest rate to be offered to them.
Rs.3.5 Crore Home Loan EMI for different tenors
Keeping the interest rate constant at 8.45%* p.a, The table below breaks down the potential EMI amounts for time periods ranging from 10 years to 40 years on a home loan of Rs. 3.5 crore.
| Loan Amount (in Rupees) | Tenor | EMI (in Rupees) |
|---|---|---|
| 3.5 Crore | 10 years | ₹ 4,33,015 |
| 3.5 Crore | 15 years | ₹ 3,43,634 |
| 3.5 Crore | 20 years | ₹ 3,02,631 |
| 3.5 Crore | 25 years | ₹ 2,80,651 |
| 3.5 Crore | 30 years | ₹ 2,67,880 |
| 3.5 Crore | 40 years | ₹ 2,55,253 |
Bajaj Housing Finance Home Loans: Features and Benefits
Competitive Interest Rates
Bajaj Housing offers Home Loans at highly competitive interest rates. Our low interest rate Home Loans makes loan repayment simple and stress-free.
Sizeable Loan Sanction
With Bajaj Housing Finance, borrowers can avail of Home Loans up to Rs.5 Crore* or higher, basis eligibility. These sizeable loan sanctions make it possible for homebuyers to afford their dream home.
Long Repayment Tenor
Borrowers can choose to repay their loan over a period extending up to 40 years. Flexible and long repayment tenor options ease the burden of loan repayment.
Quick Approval and Disbursal
Our Home Loan eligibility criteria are simple to meet. Therefore, it is easy to get approved with us. Further, with us, you can expect loan disbursal within 48 Hours* of document submission and approval.
Zero Part-Prepayment and Foreclosure Charges
Borrowers who have taken a Housing Loan of up to Rs.3.5 Core on floating interest rates can prepay or foreclose their loan at no additional cost at any time during their repayment journey.
Easy-to-Use Online Tools to Help
Borrowers can use online tools, such as our home loan eligibility calculator and home loan EMI calculator, to help them navigate the home loan application process easily.
Online Account Management
Managing your home loan account has never been easier – you can now pay your EMIs and do a lot more while sitting at home through our online customer portal.
Home Loan of up to Rs.3.5 Crore: Eligibility Criteria
Home Loan Eligibility Criteria for Salaried Professionals
- The applicant must be an Indian (including NRI).
- They must be between 23 and 75 years** of age at the time of loan maturity. Please know that the maximum age is always the age of the borrower at the time of loan maturity.
- The applicant must be able to show at least 3 years of work experience
Home Loan Eligibility for Self-Employed Applicants
- The applicant must be an Indian citizen (resident only).
- 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
**The upper age limit is considered as age at the time of loan maturity. Additionally, the upper age limit for salaried applicants is subject to change, depending on the property profile.
Home Loan of up to Rs.3.5 Crore: Documents Required
Please keep the following documents ready with you to enjoy a smooth home loan application process:
- KYC documents
- Passport-size photographs
- Your last six months’ bank account statements
- Documents that establish proof of business or 5 years’ business vintage (for self-employed individuals)
- Latest salary slips (for salaried individuals)
Note: Additional documents may be requested at the time of loan processing.
*Terms and conditions apply.
