Eligibility Criteria for Bajaj Housing Finance Home Loan

Criteria	Salaried Applicants	Self-employed Applicants
Age	23 to 75 years	25 to 70 years
Nationality	Indian residents, NRI	Indian residents
Employment Status	Employed with a reputed organization	5+ years of business continuity
Minimum Income	Rs 25,000	Rs 25,000

Other criteria

• Co-applicants: Can include earning family members to increase loan eligibility.
• Property Location: The property to be financed should be within the geographical limits specified by Bajaj Housing Finance.
• Property Documents: Clear title of the property with all necessary approvals and permissions.
• Loan Amount: Based on the applicant’s repayment capacity, age, income, and existing liabilities.
  

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Bajaj Housing Finance Home Loan Rates

Interest rates significantly impact the cost of a home loan.
Bajaj Housing Finance offers both fixed and floating interest rate options, allowing borrowers to choose what suits them best:

Loan Products	Interest Rates (% p.a.)
Home Loan	8.50% p.a onwards
Home Loan Balance Transfer	8.70% p.a onwards
Loan Against Property	9.75% p.a onwards

Bajaj Housing Finance Home Loan Processing Fee and Charges

Charge Type	Amount
Processing Fees (Home Loan)	Up to 4% of the loan amount
Hard Copy Loan Statement Changes	Upto Rs 500
EMI Bounce Charges (Loan Amount- More than 10 Crore)	Rs.10,000
Part – Prepayment Charges (Individual)	NIL
Foreclosure Charges	NIL

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Documents Required for Bajaj Housing Finance Home Loan

Before applying, it’s important to gather all the necessary documents to ensure a smooth application process.

Bajaj Housing Finance requires the following key documents:

Identity Documents

Document Name	Salaried Applicants	Self-employed Applicants
Proof of Identity	✔	✔
Address Proof	✔	✔
Age Proof	✔	✔
Passport-sized Photographs	✔	✔

Income Proof Documents

Document Name	Salaried Applicants	Self Employed Professional	Self Employed Non Professional
Last 3 months’ Salary Slips	✔	✖	✖
Last 6 months’ Bank Statements, showing salary credits	✔	✖	✖
Latest Form-16 and IT returns	✔	✖	✖
Last 2 year ITR	✖	✔	✔
At least last 2 years’ Balance Sheet and P&L A/c Statements	✖	✔	✔
Last 12 months’ Savings Account Statements	✖	✔	✔

Other Documents

Document Name	Salaried Applicants	Self Employed Professional	Self Employed Non Professional
Own Contribution Proof	✔	✔	✔
Employment Contract	✔	✖	✖
Last 6 months’ Bank Statements	✔	✔	✔
Passport size photograph	✔	✔	✔
Cheque for processing fee favoring Bajaj Finserv	✔	✔	✔
Business Profile	✖	✔	✔
Latest Form 26 AS	✖	✔	✔
Memorandum and Articles of Association of the Company	✖	✔	✔
Details of ongoing loans	✖	✔	✔
Sales deed	✔	✔	✔
NOC from the housing society or builder	✔	✔	✔
Occupancy certificate (for constructed apartments)	✔	✔	✔

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Bajaj Housing Finance Home Loan Schemes and Top Plans

Comparison

Feature	Home Loan	Balance Transfer Loan	Loan Against Property	Top Up Loan
Minimum Loan Amount	₹4 lakh	₹4 lakh	₹4 lakh	₹4 lakh
Maximum Loan Amount	₹5 crore	₹5 crore	₹5 crore	₹1 crore or higher
Interest Rate	8.50% p.a. onwards	8.70% p.a. onwards	9.75% p.a. onwards	9.80% p.a onwards
Tenure	Up to 40 years	Up to 30 years	Up to 15 years	Up to 15 years
Eligible Applicants	Salaried/Self-employed	Salaried/Self-employed	Salaried/Self-employed	Salaried/Self-employed
Special Features	–	Lower interest rates	Loan against property	​​Simple Eligibility Criteria
Additional Benefits	–	No processing fee	Flexible terms No Foreclosure Charges	End-Use Flexibility

Details

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How to Apply for Bajaj Finance?

Applying for an Bajaj Housing Finance Home Loan is a simple and straightforward process designed to help you secure financing for your dream home.

1. Visit the official website of Bajaj Housing Finance
2. Click on “Apply for Home Loan”
3. “Home Loan Enquiry” page opens
4. Fill in the required details
5. Click on “Submit”

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How to Track Bajaj Housing Finance Home Loan Application Status?

Tracking your LIC home loan application status is straightforward and helps you stay updated on your loan approval process.

1. Visit the official website of Bajaj HFL.
2. Go to the “Home Loans” section and select “Online Loan Application.”
3. Click on “Track Application,” enter your application number, and hit “Submit.”
4. Your home loan application status will appear on the screen.

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How to Download Bajaj HFL Home Loan Statement?

Downloading your Bajaj HFL home loan statement is quick and easy, allowing you to access your loan details and track your payments online.

• Go to the official Bajaj HFL website
• Click on the “Customer Login” option in the top right corner.
• Under the Customer Login section, select “Home Loans.”
• Log in with your username and password, or use your loan application number and date of birth.
• Enter the OTP sent to your registered email address and mobile number.
• Your home loan account details will appear on the screen.
• Navigate to the “Activities” tab and choose “Repay Certificate.”
• Select your loan number and financial year, then click “Submit.”
• The home loan certificate, showing your loan repayment information, will be displayed.
• You can print or download the certificate for your records.

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Bajaj HFL Customer Care

To facilitate effective communication with customers, in addition, Bajaj Housing Finance offers various channels for customer support.

Contact Method	Details
Email ID	bhflgrievance@bajajfinserv.in
Toll-Free Number	022-45297300
Whatsapp Message	9607025035
Official Address	Bajaj Housing Finance Limited, 5th Floor, B2 Building, Cerebrum IT Park, Kumar City, Kalyani Nagar, Pune- 411014 Maharashtra, India
Website	Bajaj Housing Finance

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Comparison

You can also compare the home loan rates of different banks here. For detailed comparison between top banks you can visit our compare banks page.

Bank	Up to Rs. 30 Lakh	Above Rs. 30 Lakh to Rs. 75 Lakh	Above Rs. 75 Lakh
SBI Bank	8.50% p.a. onwards	8.5% p.a. onwards	8.50% p.a. onwards
HDFC Bank	8.75% p.a. onwards	8.75% p.a. onwards	8.75% p.a. onwards
LIC Bank	8.50% – 10.35% p.a.	8.50% – 10.55% p.a.	8.50% – 10.75% p.a.
ICICI Bank	8.75% p.a. onwards	8.75% p.a. onwards	8.75% p.a. onwards
Kotak Mahindra Bank	8.75% p.a. onwards	8.75% p.a. onwards	8.75% p.a. onwards
Punjab National Bank	8.50% – 11.05% p.a.	8.50% – 11.05% p.a.	8.50% – 11.05% p.a.
Bank Of Baroda	8.40% – 10.65% p.a.	8.40% – 10.65% p.a.	8.40% – 10.90% p.a.
Bajaj Housing Finance	8.50% p.a. onwards	8.50% p.a. onwards	8.50% p.a. onwards
Axis Bank	8.75%-10.30% p.a.	8.75%-10.30% p.a.	8.75%-10.30% p.a.
Bank of India	8.40% p.a onwards	8.40% p.a onwards	8.40% p.a onwards
TATA Capital	8.75% p.a. onwards	8.75% p.a. onwards	8.75% p.a. onwards