Home Loan of up to Rs.7 Crore: Overview
With Bajaj Housing Finance’s Home Loans are designed keeping borrower ease and comfort in mind. Home Loan borrowers can fulfil their dream of becoming homeowners by paying EMIs as low as Rs.729/Lakh*. Our Home Loan interest rates start as low as 8.45%* p.a. and we give borrowers the flexibility to repay their loan over a period extending up to 40 years.
Home Loan of Rs.7 Crore: Interest Rate and EMI
Bajaj Housing Finance sanctions Home Loans at interest rates as low as 8.45%* p.a. However, to get a better idea of the interest rate you will get on your housing loan of up to Rs.7 Crore, you can peruse our list of fees and charges.
The table below shows the approximate EMIs for Rs.7 Crore Home Loan availed of at 8.45%* p.a. They have been calculated using the Bajaj Housing Finance EMI calculator.
| Loan Amount | Tenor | EMI |
|---|---|---|
| 7 Crore | 40 years | ₹5,10,505 |
| 7 Crore | 30 years | ₹5,35,761 |
| 7 Crore | 25 years | ₹5,61,302 |
| 7 Crore | 20 years | ₹6,05,263 |
| 7 Crore | 15 years | ₹6,87,268 |
| 7 Crore | 10 years | ₹8,66,029 |
Home Loan of up to Rs.7 Crore: Features and Benefits
Low Interest Rates
Bajaj Housing Finance offers Home Loans at interest rates starting as low as 8.45%* p.a. You can now make your dream home yours by paying just Rs.729/Lakh* as your EMI.
Flexible Repayment Tenor
Home Loan borrowers can repay their loan over a tenor extending up to 30 years. This makes Home Loan repayment easy and convenient.
Sizeable Loan Sanction
Bajaj Housing Finance offers Home Loans up to Rs.5 Crore or higher, basis eligibility. Sizeable loan sanctions make it possible for people to afford their dream home, irrespective of how expensive it is.
Simple Eligibility Criteria
Bajaj Housing Finance's eligibility criteria are designed to promote home-buying. Our qualifying criteria are simple and easy to meet.
Online Tools to Help
Tools like Bajaj Housing Finance EMI calculator and Bajaj Housing Finance eligibility calculator help you decide the right loan amount and tenor for you as well plan your repayment journey well in advance.
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 professionals planning to take a Home Loan.
Home Loan Eligibility Criteria for Salaried Individuals
Salaried individuals must meet the following qualifying criteria to be eligible for a Home Loan from Bajaj Housing Finance.
- The applicant must be an Indian citizen (including NRIs)
- They must be between 23 and 75 years** of age
- They must be able to show at least 3 years' work experience
Home Loan Eligibility Criteria for Self-Employed Individuals
Self-employed individuals must meet the following eligibility criteria to be eligible to avail of a Home Loan from Bajaj Housing Finance.
- The applicant must be an Indian resident only.
- They must be between 25 and 70 years** of age
- They must be able to show at least 5 years' business vintage
**Please note that maximum age is always the age of the borrower at the time of sanctioning of the loan.
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 Documents
Under this category, you must submit documents, such as ID proof documents like PAN Card, Aadhar, Driving License, etc. Under this category, you can also submit residential proof documents, such as utility bills, passbook, etc.
Income Proof Documents
Under this category, you can submit 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 can submit documents, such as Title deed, allotment letter, property tax receipts, etc.
Please also keep passport-size photographs ready with you.
*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.
*Terms and conditions apply.
