How to Change Your Home Loan EMI or Tenor

Simple Steps to Modify Your Home Loan EMI or Tenor

Here’s a comprehensive guide to help you navigate the steps required to modify your EMI or loan tenor.

For Bajaj Housing Finance Customer Portal

Step 1: Visit the Bajaj Housing Finance Website

• ​Open your web browser and go to the official Bajaj Housing Finance website.

Step 2: Login to Your Account

• Click the 'Login' button and then ‘Customer’ from the drop-down menu. Note that it is on the top right corner of the homepage.
• Enter your registered email ID, mobile number, or customer ID along with OTP or your password (if logging through customer ID) to log in. If you haven't registered yet, you'll need to sign up and create an account first.

Step 3: Navigate to Loan Account Details

• ​Once logged in, under the ‘My Relations’ section, click ‘Requests’ on the left-hand side menu and then ‘Change Number of Instalments/EMI’ from the dropdown menu.

Step 4: Select the Loan Account

• On the next screen choose the specific Home Loan account for which you want to change the EMI from the ‘Select Loan Account’ option.

Step 5: Access the EMI/Tenor Modification Option

• Next click ‘Reduction in tenor’ from the ‘Please Select’ dropdown menu.

Step 6: Enter Modification Details

• You will be prompted to enter the revised balance payment tenor, confirm the same and then click ‘Verify EMI’.
• Your new EMI will be shown in the ‘Revised EMI’ box.
• Next click ‘Send OTP’. You will receive the OTP on your registered mobile number.

Step 7: Submit the Request

• Enter the OTP received and click ‘Submit’.

Step 8: Confirmation and Processing

• After submission, you will receive a confirmation message on the portal and via email/SMS. The request will then be processed by Bajaj Housing Finance.

​Read Also: Smart Tips To Reduce Home Loan EMI

You can check the status of your request in the ‘Service Requests' section. Once the modification is approved, you can verify the updated EMI amount or loan tenor in your loan account details.

If you encounter any issues or if the changes do not reflect in your account, contact Bajaj Housing Finance customer support for assistance.

*Terms and conditions apply.