7 Reasons To Avail of Home Loan From Bajaj Housing Finance At Lowest Interest Rates

by James Carter

Last Updated on April 30, 2024 by Jawad Ali

One of the most important financial decisions you will make is buying your own home. The first thing you think about when you decide to buy a house is money. How are you going to get the money? Some people pay for things out of their own pockets, while others borrow money from lenders. Before you borrow money from a lender in the form of a home loan for a long time, like 15 to 20 years, you must think about a number of things, the most important of which is the home loan interest rate.

The interest rate on a home loan is a very important part of the loan process. It decides how much you will pay back in the future and for how long will you have to continue to pay back without falling behind or defaulting. Almost everyone wants to borrow money at the lowest interest rate possible and this festive season Bajaj Housing Finance has bright a special festive offer. With us, you can get a home loan at interest rates starting as low as 8.30%*. In this article, we discuss 7 reasons as to why you must take a home loan from Bajaj Housing Finance. 

7 Reasons To Get Your Home Loan From Bajaj Housing Finance

Festive Season

As a celebration of the festive season, Bajaj Housing Finance Limited, a fully owned subsidiary of Bajaj Finance Limited, has announced a Diwali special offer, reducing the interest rate on its home loans to 8.2 percent per year for applicants in the salaried and professional categories. This is now one of the lowest home loan interest rate in the market. Only certain locations are eligible to take advantage of this deal and this deal is available between October 14, 2022 and November 30, 2022.

Long Repayment Tenor Of Up To 30 years

Choose a longer tenor to make your monthly payments more manageable over time. You can choose a term of up to 30 years and pay back the home loan easily.

Balance Transfer On a Home Loan

Borrowers who already have a home loan can use our features and benefits to their advantage by transferring the balance to us. When you transfer your home loan balance to us, you not only enjoy highly competitive interest rates but also great features and added facilities.

Top Up your Loan By INR 1 Cr

When you transfer your loan balance to Bajaj Housing Finance, you not only get a lower interest rate and lower EMIs, but you also have the option to take out a top-up loan, which you can use to pay off debt or make improvements to your home.

Online Tools For Better Planning

Home loan borrowers can benefit from using online tools to better plan their repayment schedules and home loan applications. The Bajaj Housing Finance eligibility calculator and the home loan EMI calculator help people figure out the best combination of loan amount and tenor for their home loan based on their finances.

Loan Amount Of INR 5 Cr

Don’t let the sanctioned amount stop you from buying the home of your dreams. You can get a large home loan of INR 5 Cr or even more, depending on what you’re eligible for.

Quick Loan Approval

People who apply for a home loan can expect to get their home loan sanction letter within 48 hours of their application being approved and their documents accepted.

So, how do you get a home loan from Bajaj Housing Finance? Here are our eligibility criteria for a home loan.

Home Loan Eligibility Criteria

If you want to increase your chances of getting a home loan, you must make sure you meet the following requirements. 

Eligibility CriteriaSalaried IndividualsSelf employed individuals
EmploymentMinimum of three years experience in a government agency, private enterprise, or multinational corporationThere must be a minimum of five years of experience in the current business
AgeBetween the ages of 23 and 62. The upper age limit is considered as the age at the time of loan maturityBetween the ages of 25 and 70. The upper age limit is considered as the age at the time of loan maturity
NationalityResident IndianResident Indian
Place of residenceYou need to live in a city where we operate.You need to live in a city where we operate.

Home Loan Documents

To finish your application, you will need to send proof of the personal, employment, income, and financial information you have listed on the form. Here are the documents required for a home loan from Bajaj Housing Finance.

Personal Documents

Know-Your-Customer (KYC) documents include a photo ID (Aadhaar Card, PAN Card, Voter ID, Driving License, etc.) and proof of residence (utility bills, Ration Card, Passbook, etc.)


Salary slips OF the last three months (for salaried applicants and salaried professionals), proof of business (for self-employed professionals and applicants who are not professionals), etc.

Educational Qualification

Education certificates: MBBS or higher for self-employed doctors, valid COP for self-employed professionals like Chartered Accountants, etc.


Bank statement of the last six months, Income Tax Returns, a profit-and-loss statement (for self-employed professionals and non-professionals), etc.


Title deed, property tax receipts, allotment letter, etc.

Final Thoughts

Get your home loan from Bajaj Housing Finance today and get the maximum benefit of the lowest home loan interest rate of 8.2% this festive season. Fill out the loan application form, complete the loan paperwork, and get your home loan sanction letter in 48 hours.

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