Bajaj Housing Finance Limited slashes home loan interest rates to 6.65%* - Loan Trivia


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Tuesday 8 March 2022

Bajaj Housing Finance Limited slashes home loan interest rates to 6.65%*

low home loan interest rate

One of India’s leading financiers, Bajaj Housing Finance Limited, has slashed the home loan interest rates to 6.65% per annum. This alteration comes as a result of the RBI’s decision to maintain a low repo and reverse repo rate.

Since the home loan extended by this financial institution is linked with these policy rates, borrowers receive the benefits of their movement. Nonetheless, besides a low home loan interest rate, Bajaj Housing Finance Limited extend a few other benefits as well, these are –

  • High loan amount, up to Rs.5 crore*

  • Repayment tenor of up to 30 years

  • Easy balance transfer facility with a top-up loan of up to Rs.1 crore

  • Access to PMAY subsidy

  • No part prepayment and foreclosure charges

  • Online account management

  • Pre-approved offers

  • Loan disbursal in 48 hours

If you are planning to apply for this credit instrument, you should learn the process of doing so as well.

Must Read: Things to Consider Before Taking Home Loan In 2022

How to apply for a home loan with Bajaj Housing Finance Limited?

Step 1: Visit the official website of Bajaj Housing Finance Limited.

Step 2: Navigate to the housing loan page and find the ‘apply now’ option.

Step 3: Enter required details and submit.

Step 4: Upon receiving initial approval, upload necessary documents.

Step 5: Following successful verification, get your loan amount.

To conclude, whether you are taking a housing loan or any other financial product, always go through the terms and conditions beforehand.

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