Home Loan of up to Rs.7.5 Crore: Overview
Bajaj Housing Finance offers Home Loans at interest rates starting as low as 8.45%* p.a.* and EMIs as affordable as Rs.729/Lakh*. Our competitive Home Loan interest rates and flexible repayment tenor make Home Loan repayment simple and stress-free. Also, enjoy additional benefits, such as free online tools to help you with loan repayment planning, zero prepayment and foreclosure charges, the option to avail of a Top-up Loan in case of a Home Loan Balance Transfer, etc.
Home Loan of up to Rs.7.5 Crore: EMI and Interest Rate
Bajaj Housing Finance’s interest rates for loans up to Rs.7.5 Crore start at 8.45%* per annum. To get a better understanding of the Home Loan interest rates that we will be able to offer you, get in touch with our team.
Rs.9.5 Crore Home Loan EMI for different tenors
Further, do keep in mind that when the Home Loan amount is as high as Rs.7.5 Crore, the EMIs also turn out to be invariably high. So, we recommend that if you are planning to borrow such a substantial amount, use our Home Loan EMI calculator to help you with repayment planning.
The table below shows the potential EMI amounts on loan amount of Rs. 9.5 crore for tenors ranging from 10 to 40 years.
| Loan Amount (in Rupees) | Tenor | EMI (in Rupees) |
|---|---|---|
| 7.5 Crore | 10 years | ₹ 9,27,888 |
| 7.5 Crore | 15 years | ₹ 7,36,358 |
| 7.5 Crore | 20 years | ₹ 6,48,496 |
| 7.5 Crore | 25 years | ₹ 6,01,395 |
| 7.5 Crore | 30 years | ₹ 5,74,030 |
| 7.5 Crore | 40 years | ₹ 5,46,970 |
Home Loan of up to Rs.7.5 Crore: Features and Benefits
Following are some features and benefits you can enjoy with Bajaj Housing Finance:
Competitive Interest Rates
The company offers housing loans at interest rates starting as low as 8.45%* p.a. Low interest rates can help you manage your loan repayment along with planning your financial goals.
Flexible Repayment Tenor
With Bajaj Housing Finance, borrowers can choose to repay their loan over a period extending up to 40 years.
Substantial Loan Amount
Bajaj Housing Finance offers home loans up to a maximum of Rs.5 Crore*, basis eligibility.
Quick Approval and Loan Disbursal
You can expect Home Loan approval and disbursal within 48 Hours* of document submission and approval.
Online Tools to Help
Borrowers can use tools such as the Bajaj Housing Finance Home Loan EMI calculator and the Home Loan eligibility calculator to figure out the loan amount they can comfortably repay. These tools are available for free on our website.
Online Account Management
Borrowers can now pay their Home Loan EMIs, raise queries and complaints while on the go using our easy-to-use online customer portal.
Home Loan of up to Rs.7.5 Crore: Eligibility Criteria
Eligibility Criteria for Salaried Professionals
- The applicant must be an Indian citizen (including NRI)
- They must be between 23 and 75 years** of age
- They must be able to show at least 3 years of work experience
Eligibility Criteria for Self-Employed Professionals
- The applicant must be an Indian citizen (resident only)
- They must be between 25 and 70 years** of age
- They must be able to show at least 5 years of business continuity.
** Please note that the maximum age is always the age of the applicant at the time of loan maturity.
Home Loan of up to Rs.7.5 Crore: Documents Required
To experience a completely hassle-free and smooth Home Loan application process, please keep the following documents ready with you.
- Passport-size photographs
- KYC documents, such as Form 60 or address and identity proof documents
- You will also need to submit your latest salary slips if you are a salaried professional and TR document and P&L statements if you are self-employed.
- Self-employed professionals must also provide documents that establish proof of business and minimum 5 years’ business vintage.
- Last 6 months’ bank account statements
Please note that this list is indicative. Our representatives may ask you for additional documents at the time of loan processing. These requirements, if any, will be communicated to you well in advance.
