The customers can avail home loan to complete the dream of home by Bajaj Finance Home Loans with flexible Interest Rates. This is a tailor made process for most of the customers.
Bajaj Finance Home Loan Details at a glance:
- Salaried personal loans
- EMI cards
- Credit cards
- Extended Warranty
- 0% interest on finance on consumer durables and lifestyle
- Loans against property
Bajaj Finance Home Loan Eligibility:
One can go for personal loan for construction, purchase or renovation of house, vacations abroad and medical care. The customer should be of 28 years for entitlement of home loan.
Bajaj Finance Home Loan Features and Benefits:
- Construction, purchase and renovation of residential properties
- Balance transfer of existing home loans.
- Top-up loan for existing home loan
- Financial statements of the customers
- Home loan Transfer
- Prepayment Charges
- Insurance Schemes are best in the market
- Document Storage Facility
- Transparency and Flexibility
- Prompt repayment benefit
- Customised insurance schemes
- Instant home loans
- Preapproved offers
The salaried employee and self-employment individuals should present the IT Returns & Balance Sheet of both personal and loan Account statement for the last 2 years.
Individuals can avail home loan for an amount of Rs. 75lakhs to Rs. 10crores for a period of 25 years with Bajaj Finance Home Loan Interest Rate as 10.60% to 10.90% interest rate. Customers can get refund of loan amount up to 0.5% of the interest paid in a period of first 3 years. There is no prepayment charge after payment of the very first EMI on the home loan amount.
Charges and fee for loan amount:
The processing fee on personal loan amount is up to 2% to 3% of the loan amount. The customer should pay on each EMI bounce for an amount of Rs. 1000/- with a penalty of 2% per month.
Bajaj Finance Home Loan Interest rate:
Customers who go for a loan amount of Rs. 5lacs to Rs.40lacs should pay an interest on amount from Bajaj Finance Home Loan Interest Rate as 17% to 21% and 2% processing fee and 2% to 4% prepayment charges.
Byron Simpson is a qualified business/finance writer expert in investment, debt, credit cards, Passive income, financial updates. He advises in his blog finance cent.