Home Loan of up to Rs.6.5 Crore: Overview
Bajaj Housing Finance offers a sizeable loan sanctions basis applicant’s eligibility. The company offers Home Loans up to Rs.5 Crore* or higher, basis eligibility so dream homes can be bought without apprehension. Borrowers also benefit from other beneficial loan terms and conditions, such as flexible repayment tenor, online tools to help you plan your repayment journey, etc.
Home Loan of up to Rs.6.5 Crore: EMI & Interest Rate
Let us look at what will be the Home Loan EMIs for a loan amount worth Rs.6.5 Crore may look like, availed of at the lowest interest rate that Bajaj Housing Finance has to offer, i.e. 8.45%* per annum.
| Loan Amount | Tenor | EMI |
|---|---|---|
| 6.5 Crore | 40 years | ₹4,74,041 |
| 6.5 Crore | 30 years | ₹4,97,492 |
| 6.5 Crore | 25 years | ₹5,21,209 |
| 6.5 Crore | 20 years | ₹5,62,030 |
| 6.5 Crore | 15 years | ₹6,38,177 |
| 6.5 Crore | 10 years | ₹8,04,170 |
Home Loan of up to Rs.6.5 Crore: Features and Benefits
Sizeable Loan Sanction
Avail of a sizeable loan sanction with Bajaj Housing Finance, depending on your eligibility. With the right kind of profile, borrowers can avail of a Home Loan up to a maximum of Rs.5 Crore* or higher.
Low Interest Rates
The company offers home loans at interest rates starting as low as 8.45%* per annum, ensuring that budget restrictions don’t get in the way of your dream property.
Flexible Repayment Tenor
Borrowers can choose to repay their loan over a period extending up to 40 years. The flexibility to choose such a long repayment tenor eases the burden of loan repayment.
Quick Approval and Disbursal
With us, expect quick approval and Home Loan disbursal within 48 Hours* of document submission and approval.
Online Account Management
Bajaj Housing Finance offers a seamless online account management experience. You can now pay your EMIs, raise complaints and have your queries resolved while sitting within the comfort of your home with our online customer portal.
Home Loan of up to Rs.6.5 Crore: Eligibility Criteria
Our eligibility criteria for Home Loans is quite simple. You will need to meet the following eligibility criteria to become eligible to take on the responsibility of Rs.6.5 Crore Home Loan EMIs.
Eligibility Criteria for Salaried Individuals
- The applicant must be an Indian (including NRI)
- They must be between 23 and 75 years** of age
- They must be able to show at least three years of work experience
Eligibility Criteria for Self-Employed Individuals
- The applicant must be an Indian (resident)
- They must be between 25 and 70 years** of age
- They must be able to show at least five years of business continuity
Please note that the maximum age is the age of the applicant at the time of loan maturity and not at the time of applying for the loan.
Home Loan of up to Rs.6.5 Crore: Documents Required
To experience a smooth and hassle-free Home Loan application process, keep the following documents ready with you.
- KYC documents (address and identity proofs, with Form 60 and PAN Card mandatory)
- 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
- Document for proof of business, with minimum 5 years’ vintage (for businessmen/self-employed individuals only)
Please note that this is only an indicative list, and our representatives may ask you for additional documents at the time of loan processing. These document requirements will be communicated to you well in advance by our team.
