Avail of Home Loan at the Lowest Interest Rate from Bajaj Housing Finance

If you want to avail of a home loan, you are bound to come across so many options in the market. But you should pick one with a lower rate of interest so that you can save for years to come.

You can avail home loan from Bajaj Housing Finance at one of the lowest interest rates in the market. 

What is a Bajaj Housing Finance home loan?

Bajaj Housing Finance is a leading HFC that offers housing finance and other related products at the lowest interest rate. If you have the required eligibility, you can get the loan amount at the lowest rate of interest. In turn, it can help you save big on repayments. 

What is the Bajaj Housing Finance interest rate?

The Bajaj Housing Finance interest rate starts from only 6.7% per annum for salaried and professional applicants. Eligible candidates can get affordable home loans and pay lower home loan EMI. 

What ways can help you enjoy a lower home loan interest rate?

1. Maintaining a higher CIBIL score

If you can maintain a credit score of 750 or higher, top lenders such as Bajaj Housing Finance are more likely to award you with faster approval and a lower interest rate. TO maintain a high CIBIL score, ensure you make timely repayments and are mindful about how much credit you avail of.

2. Put down a large down payment amount 

You should also try to manage a significant down payment amount. It will reduce your exactly borrowable amount and the payable interest + EMI amount. 

3. Go for a smaller tenor

It is good to go for a longer tenor and pay lower EMIs. But that increases the interest part and the overall cost of the loan. Therefore, you should try going for a shorter tenor and save on interest. This is definitely an important aspect if you can manage to pay high EMIs without stretching your finances too thin.

Considering these tips can surely help you get home loan approval at a lower interest rate from Bajaj Housing Finance.