Home Loan of up to Rs.4.5 Crore: Overview
Waiting to take the plunge and make your real estate dream a reality? Avail of a housing loan to achieve your goal with more ease, in terms of financing and funding. With a Home Loan of up to Rs.4.5 Crore from Bajaj Housing Finance you can make the dream of owning any home you want a reality. Our Home Loan is tailored to address the needs of our borrowers. From competitive interest rates to flexible repayment tenors, our Home Loans offer host of benefits.
Features and Benefits of Rs.4.5 Crore Home Loan
Low Interest Rates
When you are availing of a high loan sanction, worth Rs.4.5 Crore, it helps that you avail of low interest rates to keep the cost of repayment nominal. Bajaj Housing Finance’s low interest rate Housing Loan deals will do just this for you.
Flexible Repayment Tenor
With us, borrowers can choose to repay their loan over a period extending up to 40 years. Such a long repayment period makes the process of loan repayment easy and allows you to focus on your other financial goals.
Easy-to-Meet Eligibility Criteria
Bajaj Housing Finance has easy-to-meet Home Loan eligibility criteria, which makes getting approved for a loan with us quite simple and easy.
Online Tools to Help
Borrowers can use our various online tools to help them figure out the right loan amount and tenor for them. All these tools are free and easily available on our websites.
Online Account Management
Borrowers can pay their Home Loan EMIs, raise complaints and queries and do a lot more while sitting within the comfort of their home using our online customer portal. Managing one’s loan account has never been easier.
Home Loan of up to Rs.4.5 Crore: Eligibility Criteria
Our eligibility criteria for a Home Loan of up to Rs.4.5 Crore is easy and simple to meet.
Eligibility Criteria for Salaried Applicants
- Salaried applicants applying for a Home Loan with us should be an Indian (including NRI).
- They should be between 23 and 75 years** of age.
- They should be able to show at least 3 years of work experience.
Eligibility Criteria for Self-Employed Applicants
- Self-employed applicants applying for a Home Loan with us should be an Indian (resident only).
- They should be between 25 and 70 years** of age.
- They should be able to show 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.
Interest Rates for Rs.4.5 Crore Home loan
Bajaj Housing Finance offers Home Loans at competitive interest rates. However, the interest rates offered may vary depending on several factors, such as your age, income, job stability, city of residence, and credit score.
EMI for Different Tenors for Rs.4.5 Crore Home Loan
If you are planning to avail of a Home Loan up to Rs.4.5 Crore, we recommend using an online Home Loan EMI Calculator to estimate the EMI in advance for different loan tenors.
Here is a glimpse of what your potential EMIs may look like, considering an interest rate of 8.50%* p.a.
| Loan Amount (in Rs.) | Tenor | EMI (in Rs.) |
|---|---|---|
| 4.5 Crore | 40 years | 3,28,182 |
| 4.5 Crore | 30 years | 3,44,418 |
| 4.5 Crore | 25 years | 3,60,837 |
| 4.5 Crore | 20 years | 3,89,098 |
| 4.5 Crore | 15 years | 4,41,815 |
| 4.5 Crore | 10 years | 5,56,733 |
Home Loan of up to Rs.4.5 Crore: Documents Required
Please keep the following documents ready to experience a hassle-free loan application process if you wish to avail of a Rs.4.5 Crore Home Loan from Bajaj Housing Finance:
- KYC documents
- Mandatory documents such as PAN Card or Form 60
- Passport-size photographs
- Latest salary slips (for salaried applicants)/ITR 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.
Keep in mind that this is only an indicative list and our representatives may ask you for additional documents at the time of loan processing.
Home Loan of up to Rs. 4.5 Crore: How to Apply
Applying for a Home Loan of up to Rs.4.5 Crore with Bajaj Housing Finance is simple. Before applying, consider checking your eligibility along with the additional fees and charges. To apply for our Home Loan online, follow these steps:
- Navigate to our Home Loan application form.
- Then, enter some of the basic details such as the employment type, net monthly income, required amount of loan, and type of loan.
- Next, click on 'Generate OTP' and enter the shared OTP.
- Fill in the required details and complete the application process.
- Click on ‘Submit’ to submit the form.
Post submission, you can expect a call from our representative within 24 hours*. They will walk you through the next steps.
*Terms and conditions apply.
