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Home Loan Starting 6.70%*


Home Loan: Features and Benefits

The Bajaj Housing Finance Home Loan starts at an interest rate of 6.70%* only. Eligible salaried applicants can make the most of this rate and avail of home loan EMIs starting as low as Rs.645/Lakh*.

We offer a range of benefits to go with our home loan, including a sizeable loan amount of Rs.5 Cr* or even higher at lower interest rate, disbursal within 48 hours* of approval and document submission, and a flexible tenor of up to 30 years to ensure comfortable repayment. With these benefits and many others, you can now make that dream home a reality. A housing loan not only allows you to purchase an asset, but it also helps you save substantially in the form of home loan tax benefits

  • Competitive Interest Rate of 6.70%*

    Make the most of our lowest ever home loan interest rate today. At 6.70%* p.a., your home loan EMI can be as low as Rs.645/Lakh*.

  • Loan Amount of Rs.5 Cr*

    Avail of a sizeable home loan of Rs.5 Cr* or even higher, depending on eligibility. 

  • Balance Transfer Top-up of Rs.1 Cr*

    Transfer your home loan balance to Bajaj Housing Finance today. Benefit from a lower interest rate and reduced EMIs, as well as avail of a top-up loan – be it for debt consolidation or a vacation.  

  • Repayment Tenor of 30 Years

    Opt for a longer tenor to make your EMIs more affordable over the years. Choose a tenor of up to 30 years and repay comfortably. 

  • Disbursal in 48 Hours*

    Once you receive approval post the submission of a complete application with all the necessary documentation, you can expect disbursal in as little as 48 hours*. 

  • Interest Subsidy Under PMAY

    Avail of an interest subsidy under the Pradhan Mantri Awas Yojana when you apply with us, as we are a prime lending institution with the Central Nodal Agency. 

  • Contact-Free Loan

    Enjoy a truly hassle-free experience with a completely virtual application process. Skip the tedious branch visits. 

  • Customized Repayment Options

    Want to purchase a house that’s in construction and pay only a part of your EMIs to begin with? With us you benefit from customized repayment options. 

  • Hassle-Free Processing

    Enjoy an all-new home loan experience with us – one where you need to submit minimal documentation and can complete the process from the comfort of your home. Visit us, or call us home, only to sign the final loan agreement and other registration formalities 

  • Zero Part-Prepayment and Foreclosure Charges

    Individuals with a floating interest rate home loan face no additional fees or charges should they choose to repay a part, or the entire sum, of their home loan before the end of the tenor. 

  • Online Tools for Better Decision-Making

    A home loan is a long-term commitment and requires thorough research. Use our online tools, such as the home loan eligibility calculator and the home loan EMI calculator, to finalize a loan amount and tenor best suited to your finances. 

  • External Benchmark Linked Loans

    Make the most of home loan interest rates linked to external benchmarks such as the Repo Rate. Benefit from reduced payouts during favourable market conditions. 

  • Online Account Management

    Enjoy a truly hassle-free experience even once the loan is disbursed. Access your statement of accounts and other documents through our customer portal and complete transactions from the comfort of your home. 

  • 5,000+ Approved Projects

    Choose a property from one of our list of 5,000+ approved projects and enjoy the best borrowing terms, along with quick and hassle-free processing.  


Calculate your Home Loan EMI

A home loan is often a long-term commitment; thus, it’s important you make an informed decision. Use a home loan calculator to know your loan EMI and assess its feasibility on a monthly basis. A home loan EMI calculator is an easy-to-use online tool, wherein you adjust the loan amount, tenor, and interest rate to know the corresponding loan EMI and total interest payable.


Loan Amount


Rate of Interest


Loan EMI


Total Interest Payable

Rs. 10,15,990

Total Payment (Principal + Interest)

Rs. 50,51,552


Total Interest


Principal Amount

Home Loan: Eligibility Required

When considering vendors, it is important to check the home loan eligibility criteria, so you can maximize your chances of approval. Our criteria vary on the basis of employment type. 

Eligibility Parameters Salaried Self-Employed
​​Nationality Indian (Non-NRI) Indian (Non-NRI)
​​​Employment Minimum 3 years of work experience, preferably with a reputed employer Minimum 5 years of vintage in current enterprise
​​Age 23 to 62 years 25 to 70 years
Place of Residence Must reside in one of the cities we operate in Must reside in one of the cities we operate in
Income Rs.30,000 to Rs.50,000, depending on the city of residence and age Rs.30,000 to Rs.40,000, depending on the city of residence and age

Upper age limit is considered as age at the time of loan maturity 

Home Loan Document Checklist

Before you go ahead and apply, it’s best to check the list of documents required for home loan. This will help you streamline as well as expedite the process. When you apply for the Bajaj Housing Finance online home loan, you can simply mail these documents and avoid branch visits. 


Verification Type Document
Identification and Address . Pan card
. Aadhar card
. Utility bills, etc.
Financial . Latest salary slips (3 months)
. Bank statement (6 months)
. ITR (2 years)
Property . Sale Deed with Registration Receipt
. Agreement Copy
. Approved project plan/MAP
. TAX receipt
Existing Loan . Sanction letter
. Statement of Account (SOA)
. Foreclosure letter

*Applicable only in the case of a balance transfer 

Note: Apart from the documents mentioned here as those required for a home loan, other documents may be requested at the time of processing. These will be communicated to you by our representative. 

Housing Loan: Fees & Charges

Our home loan interest rate starts from 6.70%* for salaried and professional applicants. We also offer attractive rates for self-employed applicants. While the final rate applicable in your case depends on your credit profile, among other things, we have low interest rate home loan offerings for candidates of all employment types. 

For a complete list of our interest rates and other fees and charges, click here

How to Apply for a Home Loan Online

If you’re wondering how to apply for a home loan, the below guide will walk you through our easy home loan application process.

  • Step 1: Visit our application form
  • Step 2: Enter your full name, mobile number, PIN code, and occupation type
  • Step 3: Enter your date of birth, PAN number, income, and other details

Once you submit the application, our representative will get in touch with you within 24 hours* and explain the next steps. Alternatively, you can also walk into any of our branches around India, where our representatives can guide you through the process.

Types of Home Loans in India

There are several types of home loans for you to choose from, depending on your purpose and application type. Below is a brief explanation of each of these. 

  • Home Loan Balance Transfer: This financing option applies when you already have a home loan and transfer the balance amount to a new lender. Although the reason to switch can vary, the foremost one is of course the interest rate. With Bajaj Housing Finance, salaried applicants and professionals can opt for a balance transfer and avail of an interest rate as low as 6.70%* p.a., with home loan EMIs starting at only Rs.645/Lakh*. 
  • Home Construction Loan: As the name suggests, this financing option is intended for those with a plot of land looking to construct their property. 
  • Join Home Loan: Here, you co-apply with one (or more) individuals. There could be a number of reasons for this, but the foremost one is that a joint home loan indicates shared responsibility and, thus, lower risk. As a result, you are typically eligible for a higher loan amount when you co-apply. Of course, this also depends on the co-applicant(s) profile. 
  • Home Purchase Loan: As the name suggests, one can avail of this loan to finance the purchase of a new or existing property. Here, the property in question can also be under construction. 
  • Home Renovation Loan: One can avail of this solution to fund the renovation of an existing property. 

Note that Bajaj Housing Finance does not offer home construction loans at present 

Planning to Buy Your Dream Home? Bajaj Housing Finance Is Here to Help

We understand how important a property purchase is and all the finer details around it. We strive to take the pain out of a conventional home loan application process and deliver an unmatched experience in the step to availing of funds for your dream home.  

Customer experience is at the very heart of what we do, which is why our offers are tailored to your needs. With the Bajaj Housing Finance Home Loan, 

  • You avail of a competitive interest rate, starting only 6.70%* p.a., with home loan EMIs starting at Rs.645/Lakh*
  • You enjoy among the fastest turnaround times in the industry; we disburse your home loan in only 48 hours* after approval and document verification 
  • You can avail of a sizeable loan amount worth Rs.5 Cr* or even high, depending on your eligibility 
  • You can opt for a top-up loan worth Rs.1 Cr* or even higher, depending on your eligibility, when you transfer your home loan to us 
  • You benefit from a flexible repayment tenor that can go as high as 30 years 
  • You also have the choice to opt for customized repayment options and external benchmark linked loans 
  • You can enjoy yet better terms and quicker processing if you pick a property from one of our 5,000+ approved projects 
  • You enjoy a hassle-free experience with our contact-free application process, where every step can be accomplished virtually with the exception of your signature on the loan agreement 

Home Loan: FAQs

What Is a Home Loan? 

A home loan is a financial solution that enables individuals as well as entities to borrow funds for the purchase or renovation of a residential property. Our home loan interest rate starts from 6.70%* p.a. onwards. 

A home loan is a secured loan, and the property to be purchased served as collateral. In other words, the property ownership remains with the lender until you repay the entire sum with interest. The home loan interest rate is relatively low compared to, say, a personal or business loan because of its secured nature. 

The home loan covers only a part of the property value, around 85–90%, and the rest needs to be borne by you. The exact amount, decided by the loan to value ratio (LTV), varies from lender to lender, based on your profile and the property in question. 

How Does a Home Loan Work? 

Under a home loan, you borrow funds at a predetermined interest rate and agree to pay the sum (principal) back, with interest, over a predetermined time frame (tenor) through equated monthly instalments (EMIs). 

In terms of application, you should: 

  • check your eligibility criteria 
  • check your eligibility as per your financial, income, and credit profile 
  • check the document checklist 
  • check the applicable fees and charges 

Once you have all the necessary information and are prepared with all the prerequisites for the application, you can apply for a housing loan from Bajaj Housing Finance. 

What Are the Processing Fees for a Home Loan? 

Home loan processing fees refer to the main fee charged with every loan application, including that of a home loan. It is the amount the lender charges to process your application and extend funding. The fee varies from lender to lender and person to person. We charge a processing fee starting from 0.25% to 6.00%. 

How to Apply for a Home Loan? 

When initiating a home loan application, you can either visit our branch or visit our online application form to apply. Home loan application is easy and straightforward. Follow the below steps to apply online. 

Does a Home Loan Give You Tax Benefits? 

One of the foremost reasons why a housing loan is beneficial for many is home loan tax saving. One can avail of several exemptions, such as: 


Section Deduction On Capping(Rs.)
80c Principal 1,50,000
80c Stamp Duty 1,50,000
80EE Interest 50,000
80EEA Interest 1,50,000
24b Interest 2,00,000

*Terms and conditions apply.  

The final interest rate, tenor, loan amount, and EMI vary as per eligibility and will be decided at the time of disbursal. All information mentioned herein, including but not limited to turnaround timeframes, is indicative and subject to change at the time of the application. Finance at the sole discretion of BHFL.