Home Loan of up to Rs.8.5 Crore: Overview
Bajaj Housing Finance offers sizeable Home Loan sanctions at interest rates starting as low as 8.45%* p.a. You can now make your dream home yours by paying EMIs as low as Rs.729/Lakh* alongside enjoying other benefits, such as flexible repayment tenor, zero part-prepayment and foreclosure charges (or borrowers who have availed Housing Loans at floating interest rates), etc.
Home Loan of up to Rs.8.5 Crore: Interest Rate
Bajaj Housing Finance offers Home Loans interest rates starting as low as 8.45%* p.a., basis eligibility. However, the interest rate we offer depends on several different factors, such as your age, income, credit score, etc. You can know more about our interest rates here.
Home Loan of up to Rs.8.5 Crore: EMI
The table below shows EMI amount for Rs.8.5 Crore Home Loan availed of at 8.45%* rate of interest for different loan tenors.
| Home Loan Amount | Loan Tenor | EMI |
|---|---|---|
| 8.5 Crore | 40 years | 619,899 |
| 8.5 Crore | 30 years | 650,567 |
| 8.5 Crore | 25 years | 681,581 |
| 8.5 Crore | 20 years | 734,962 |
| 8.5 Crore | 15 years | 834,539 |
| 8.5 Crore | 10 years | 1,051,607 |
Home Loan of up to Rs.8.5 Crore: Features and Benefits
Competitive Interest Rates
Bajaj Housing Finance offers Home Loans at interest rates starting as low as 8.45%* p.a. In other words, you can now make your dream home yours by paying EMIs amounting to Rs.729/Lakh* only.
Flexible Repayment Tenor
We give borrowers the option to choose their repayment tenor. You can repay your Home Loan over a period extending up to 40 years.
Quick Approval and Disbursal
We try our best to revert on all loan applications within 24* hours of receiving them. Further, with us, you can expect disbursal within 48* hours of document submission and approval.
Zero Prepayment and Foreclosure Charges
Borrowers who have availed of a housing loan on floating interest rates can prepay or foreclose their loan at no additional charges at any point in their Home Loan journey with us.
Online Account Management
Using our customer online portal, borrowers can raise queries, make complaints and manage their loan account at any time and from anywhere.
Home Loan of up to Rs.8.5 Crore: 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 3 years of work experience
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 5 years of business vintage
**The upper age limit is considered as age at the time of loan maturity. Additionally, the upper age limit for salaried applicants is subject to change, depending on the property profile.
Home Loan of up to Rs.8.5 Crore: Documents Required
If you want to take on the responsibility of Rs.8.5 Crore Home Loan, we will need you to submit a few documents at the time of loan processing. These documents will help us design the ideal loan offer for you. For a smooth and hassle-free loan process, keep the following documents ready with you.
- KYC documents, such as Aadhar Card, Driver's License, Voter ID, etc.
- Residential proof documents, such as utility bills, passbook, etc.
- Income proof documents, such as salary slips, income tax return, last six months' bank account statements, etc. In the case of self-employed applicants, borrowers must submit documents that establish proof of ownership and business vintage.
- Property-related documents, such as allotment letter, title deed, NOC, etc.
Our representative may ask you for additional documents at the time of loan processing. These requirements, if any, will be communicated to you.
*Terms and conditions apply.
