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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