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Home Loan Starting 6.65%*


Online Home Loan – Frequently Asked Questions


1. How is an Online Home Loan different from a traditional Home Loan?

In online home loan you get your loan digital sanction letter in as short as 10 minutes at the comfort of your home without any hassles of a traditional home loan where a home loan application can several visits to the lender.

2. How will I benefit from an online home loan?

An online home loan removes the hassle of a visit to the Lender and waiting your turn for an application. It issues a digital sanction letter within 10 minutes.

3. In an online home loan, the loan digital sanction letter is valid for how long?

The loan digital sanction letter is valid for 6 months that is 180 days from the date of issuance.

4. When can I come to the Lender after the issuance of the Loan Digital Sanction Letter?

As the Loan Digital Sanction Letter is valid for 180 days, you can schedule a meeting and come in anytime within the time of its validity.

5. Is there any fee for applying for the Loan Digital Sanction Letter?

A- Yes, there is a nominal fee of Rs1999/- (Exclusive of GST) for applying for Online Home Loan.

6. Can my Pre-approved Sanction offer vary from the Actual-approved loan amount?

A- The Pre-approved Sanction offer may vary from the Actual-approved loan amount under the condition if the details furnished and the Documents submitted vary at the time of actual loan disbursement. Also, any change in your Bureau Score at the time of disbursement may reflect both ways in your approved loan amount.

7. Who can apply for an online home loan?

Salaried individuals can apply for a Bajaj Housing Finance Limited Online Home Loan if they fulfil the following criteria*:


  • Must be an Indian resident
  • Must be aged between 23 and 62 years
  • Must have work experience of at least 3 years


*T&C apply

8.What are the charges levied on an Online Home Loan?

A. Bajaj Housing Finance Limited lists all fees and charges on your home loan balance transfer so that you can make an informed decision about your loan. The charges levied are as follows:

  • Interest rate
  • Processing fee
  • Loan statement charges
  • Interest and principal statement charges
  • EMI bounce charges
  • Penal interest
  • Secure fee
For a complete list of fees and charges, please click here

9.How often does Bajaj Housing Finance Limited change the Home Loan interest Rate?

Bajaj Housing Finance Limited follows a strict re-pricing policy to ensure that your home loan remains affordable throughout the tenor. To that end, our home loan interest rates are reviewed every 2 months. Based on the market conditions at the time of reviewing, the rates are either changed, or kept the same and the same is communicated to the customer.

10.How do I pay my Home Loan EMIs?

You can pay your home loan EMIs online, or offline. These are the two most preferred methods:

•      Set up an Electronic Clearing Service (ECS) linked to your bank account. This is a quick, hassle-free, and secure way to pay your home loan EMIs, as the EMI amount gets cut directly from your account and transferred to the Bajaj Housing Finance Limited home loan account.

•      You can also pay your home loan EMIs by sending post-dated cheques in advance, from any bank account registered in your name. This facility is only for customers in locations where the ECS service is not available. The payment can also be done through the Customer Portal

11.What are the Home Loan Tenor options?

You can get a Bajaj Housing Finance Limited Home Loan with a tenor of up to 30 years, depending on your repayment capacity.