Bajaj Finance Home Loan

Bajaj Finance has emerged as the most promising non banking financial institution with respect to home loan. It offers a bundle of exclusive benefits to the ones who want to apply for home loan. Striking features like refinance, part prepayment facility, and online account access make it a favourite place to approach for home loans. Minimal documentation and processing fees are the key components making the Bajaj finance loans affordable. At your convenience with loanstreet, you can certainly expect speedy and smooth disbursal of your loan.

Minimum Threshold for Bajaj Home Loan Eligibility
  1. At least 21 years of age.
  2. Salaried/ Self-employed with regular source of income.
  3. Less than 65 years of age.
Documentation Required For Application of Bajaj Home Loan

Generally all banks follow same guidelines for collecting elementary documents. However there may be little variation with subject to specific requirements. Below listed are the documents that is required to process the loan faster. Self attested copies of Documents are solicited.

  1. The Signed application form duly filled with photograph.
  2. ID/ Age Proof - PAN Card/ Passport/ Aadhar Card and Residence Proof – Passport/ Utility bills/ Bank Statement
  3. Cheque of Processing Fee.
Salaried Individuals
  1. Last 2 years Form 16 or Income Tax Returns
  2. Last 3 months salary slips
  3. Last 6 months bank statement reflecting salary credits
Self employed Individual/ Proprietorship
  1. Proof of Business- Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificates
  2. Last 3 years IT tax returns with profit and loss account and balance sheet duly audited by CA
  3. Latest 12 months bank statement- Savings Account and Current Account
  4. Existing Loans’ Sanction letters accompanied with repayment track
  5. Business profile on the letterhead of the company
Partnership Firm/ Partnership LLP
  • Age proof of all the partners in the form of PAN Card, Passport or Adhar Card
  • PAN Card of the company
  • Residence proof of all the partners –Utility Bills/ Passport/Bank statement/ Registered rent agreement
  • Proof of Business- Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate
  • Latest 3 years Income Tax returns with profit and loss and balance sheet duly audited by CA.
  • Latest 12 months bank statement of the Company and of the Partners’ Savings Bank Account
  • Partnership deed
  • Existing Loans’ Sanction letters accompanied with repayment track
  • Business profile on the letterhead of the company
Private Limited / Limited Company
  • Application form duly filled with photographs of directors.
  • Age Proof of Directors- PAN Card, Aadhar Card, passport
  • Residence Proof of Directors- Utility Bills/ Passport/Bank statement/ Registered rent agreement
  • PAN Card of Company
  • Education Qualification- A professional qualification certificate in case of Doctors/CA/Architects
  • Proof of Business- Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax Certificate
  • MOA, AOA, List Of Directors, Share Holding Pattern of the Company
  • Last 3 years IT returns with Profit and Loss account and balance sheet duly audited by CA.
  • Latest 12 months bank statement of Company of all current accounts and the same for Director’s Savings Bank Account
  • Existing Loans’ sanction letter with repayment track of company and Individual Directors
  • Business Profile on the Letter Head of the Company
Property Documents
  • Occupancy Certificate
  • Approved Plan of building
  • Share certificate copy
  • Chain of deeds in case of resale property
  • Property Card
  • Nil Encumbrance Certificate- EC ( if applicable)
  • Current Sale agreement/ Draft Agreement
Bajaj Finance Home Loan Interest Rates
Rate of Interest 10.30% to 10.50%
Loan Tenure Upto 25 years
Processing Fees 1 % of the loan amount + tax as applicable
Partial Prepayment charges Nil
Pre closure charges Nil
Bajaj Finance Home Loan- Why?

Bajaj Finance Home Loan framework is very transparent and robust. Time, money and energy of every applicant is given due importance. Speedy approval, minimum rate of interest, low processing fees and transparency makes it the most desired stop for the individuals looking for home loan.

Unique Features Of Bajaj Finance Home Loan

Below illustrated are few striking features of Bajaj Home Loans:-

  • More than 600 approved properties
  • The applicant has a wide array of choices to make with Bajaj Finance Home Loans. Not only finance but also your requirement of the property is taken well care off.

  • Quick Disbursal
  • Since the home loan framework of Bajaj Finance is very strong the applicants get assisted at every step with utmost trust and dedication that contributes in quick disbursal of loan.

  • Minimum 9.99% Rate Of Interest
  • Bajaj finance is said to extend a minimum of 9.99% Rate Of Interest to its applicant. It is by far the lowest ROI charged by any banking institution.

  • Home Loan 3 EMI Holiday
  • The applicant can get a total of 3 EMI holidays that makes it a very attractive feature for the applicants.