Home Loan of up to Rs.7 Crore: Overview
Home Loans can be a secure and hassle-free way to own a home. Prospective homebuyers can avail of a housing loan to facilitate the purchase of their dream home.
With Bajaj Housing Finance Home Loans, you can benefit from a long repayment tenure extending up to 32 and competitive Home Loan interest rates along with other benefits.
Interest Rate for Rs.7 Crore Home Loan
Bajaj Housing Finance offers Home Loans at competitive interest rates and gives you the flexibility to repay your loan over a long repayment tenure extending up to 32 years. For a complete list of our housing loan interest rates, click here.
EMI for Different Tenors for Rs.7 Crore Home Loan
The table below shows the approximate EMIs for Rs.7 Crore Home Loan availed of at 7.99%* p.a. They have been calculated using the Bajaj Housing Finance EMI calculator.
| Loan Amount | Tenure | EMI |
|---|---|---|
| 7 Crore | 32 years | Rs. 5,05,630 |
| 7 Crore | 25 years | Rs. 5,39,808 |
| 7 Crore | 20 years | Rs. 5,85,072 |
| 7 Crore | 15 years | Rs. 6,68,552 |
| 7 Crore | 10 years | Rs. 8,48,923 |
Home Loan of up to Rs.7 Crore: Features and Benefits
Competitive Interest Rates
Bajaj Housing Finance offers Home Loans at attractive interest rates to self-employed, professional, and salaried applicants. You can now make your dream home yours by paying feasible EMIs.
Flexible Repayment Tenure
Home Loan borrowers can repay their loan over a tenure extending up to 32 years. This makes Home Loan repayment easy and convenient.
Sizeable Loan Amount
Bajaj Housing Finance offers a sizeable Home Loan amount making it possible for you to own your dream home with ease.
Simple Eligibility Criteria
Bajaj Housing Finance's eligibility criteria is simple and easy to meet.
Online Tools to Help
Tools such as Bajaj Housing Finance eligibility calculator and EMI calculator can help you check your eligibility and plan your repayment journey.
Online Account Management
You can manage your account at any time and from anywhere using our online customer portal.
Home Loan of up to Rs.7 Crore: Eligibility Criteria
Here are our eligibility criteria for salaried and self-employed applicants planning to take a Home Loan:
Home Loan Eligibility Criteria for Salaried Individuals
Salaried individuals should meet the following qualifying criteria to be eligible for a Home Loan from Bajaj Housing Finance:
- The applicant should be an Indian citizen or an NRI.
- They should be between 23 and 67 years** of age.
- They should be able to show at least 3 years of work experience.
Home Loan Eligibility Criteria for Self-Employed Individuals
Self-employed individuals should meet the following eligibility criteria to be eligible to avail of a Home Loan from Bajaj Housing Finance:
- The applicant should be an Indian resident only.
- They should be between 23 and 70 years** of age.
- They should be able to show at least 3 years of business vintage.
**The upper age limit is considered as the 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 up to Rs.7 Crore: Documents Required
If you are planning to apply for a Home Loan with Bajaj Housing Finance, please keep the following documents ready with you:
Personal and KYC Documents
Under this category, you must submit documents, such as ID proof documents like PAN Card, Aadhaar Card, Driving License, etc. You will have to also submit residential proof documents, such as Utility Bills and Passbooks. Keep your recent passport-size photographs ready. Note that a PAN Card or Form 60 are mandatory documents.
Income Proof Documents
Under this category, you will have to submit the last 3 months' salary slips, ITR, etc. Self-employed professionals are required to submit proof of business documents and P&L statements under this category.
Property-Related Documents
Under this category, you will have to submit documents, such as a Title Deed, Allotment Letter and Property Tax Receipt.
This list is indicative. You may be asked for additional documents at the time of loan processing. These requirements, if any, will be communicated to you by our team.
How to Apply for a Home Loan of up to Rs.7 Crore?
With Bajaj Housing Finance, the online Home Loan application process is simple and hassle-free and can be completed in just a couple of minutes. Follow these steps to apply for a Home Loan of up to Rs.7 Crore:
- Navigate to the Home Loan application portal.
- Click 'New Loan' under the head Home Loan if you are willing to avail a new Home Loan. If you are willing to make a balance transfer, click 'Transfer Loan'.
- Enter some of the basic details, such as your name as per your PAN Card, mobile number for OTP verification, residential PIN code and net monthly income.
- You will be shown your tentative offer. Click 'continue'
- Enter the OTP to confirm, complete the application and submit the form
Post completion, you can expect a call from our representative within 24 hours* of submission. They will then guide you through the further process.
*Terms and conditions apply.
