Rs.8 Crore Home Loan EMI: Details
The real estate sector can be considered a preferred investment choice. If you are looking for a Home Loan to invest in a residential property, consider availing of a Bajaj Housing Finance Home Loan worth Rs.8 Crore at competitive interest rates.
We also offer a flexible repayment tenor extending up to 32 years to make loan repayment convenient.
Home Loan of up to Rs.8 Crore: EMI and Interest Rate
Here is an example of what your EMI amount could potentially look like, across various tenors for 10 years, 15 years, 20 years, 25 years, 30 years, and 40 years considering 8.50%* p.a. as the rate of interest for a salaried applicant.
| Home Loan Amount | Tenor | EMI |
|---|---|---|
| Rs.8 Crore | 32 years | Rs.6,07,041 |
| Rs.8 Crore | 25 years | Rs.6,44,182 |
| Rs.8 Crore | 20 years | Rs.6,94,259 |
| Rs.8 Crore | 15 years | Rs.7,87,792 |
| Rs.8 Crore | 10 years | Rs.9,91,886 |
Home Loan of up to Rs.8 Crore: Features and Benefits
Competitive Interest Rates
Bajaj Housing Finance offers Home Loans at competitive interest rates to salaried, self-employed, and professional applicants. With this, you can benefit from feasible EMIs and easy loan repayment.
Sizeable Loan Sanction
With Bajaj Housing Finance, you can avail of sizeable loan sanctions to help paving the way ahead for your homebuying journey.
Long Repayment Tenor
Bajaj Housing Finance offers a long repayment tenor, which makes loan repayment easy, especially when a borrower has availed of a sizeable loan sanction.
Online Tools to Help
Bajaj Housing Finance offers online tools to help borrowers with online Home Loan planning. Tools, such as the Home Loan EMI Calculator and the Home Loan Eligibility Calculator, make loan planning easy.
Online Account Management
Borrowers can now handle their loan account, pay EMIs and do a lot more while on the go using our online customer portal.
Home Loan of up to Rs.8 Crore: Eligibility Criteria
Bajaj Housing Finance has very simple and easy-to-meet Home Loan eligibility criteria. Here are our Home Loan eligibility criteria for salaried and self-employed applicants:
Eligibility Criteria for Salaried Employees
If you are a salaried employee, you can be a resident citizen of India or an NRI between 21 years and 75 years** of age. You should also be able to show at least 3 years of work experience.
Eligibility Criteria for Self-Employed Employees
If you are a self-employed professional, you must be an Indian (resident only) citizen between 23 years and 70 years** of age. You should also 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 Rs.8 Crore: Documents Required
Applying for a Home Loan with Bajaj Housing Finance? Keep the following documents ready to experience a smooth and hassle-free process:
- Mandatory documents: PAN Card or Form 60
- KYC documents: Under this category, you are required to submit documents that serve as proof of your address and identity, such as a Ration Card, Utility Bill, Passport, Driving License, etc.
- Income proof documents: Under this category, one is required to submit documents that establish one's income. You can submit your salary slips, ITR, bank statements, and P&L statements under this category.
- All property-related documents
Please note that this list is indicative. We may need additional documents at the time of processing of the loan. Any such requirements will be communicated to you by our team.
Home Loan of up to Rs.8 Crore: How to Apply
You can apply for the Bajaj Housing Finance Home Loan online in a hassle-free manner. It is always recommended to check your eligibility along with the additional fees and charges before you get into the application process. Listed below are some of the steps that you can follow:
- To start with, visit our official Home Loan application portal.
- Then carefully enter some of your basic details such as employment type (salaried or self-employed), net monthly income, type of loan (Home Loan, Home Loan Balance Transfer, or Home Loan Balance Transfer plus Top-up), and required amount of loan.
- Simply click on the 'Generate OTP' option. Enter the OTP you have received, input the required financial details and submit the form to complete the application process.
- After that, you can expect a call from one of our representatives within 24 hours*. They will then walk you through further processes.
*Terms and conditions apply.
