Rs.1 Crore Home Loan: Overview
Homebuyers who wish to purchase their dream home often look for a Home Loan to ensure a smooth homebuying journey. Apart from the financial ease, a Home Loan is a versatile and convenient way of accommodating varied homebuying requirements.
If you are planning to avail of a Home Loan of Rs.1 Crore, you can benefit from a sizeable sanction, long repayment tenor, and a host of other features with us.
Features and Benefits of Rs.1 Crore Home Loan

Competitive Interest Rate
Eligible salaried, self-employed, and professional applicants can benefit from our competitive Home Loan interest rates.

Sizeable Loan Sanction
The Bajaj Housing Finance Home Loan allows sizeable loan sanctions to applicants who satisfy our easy eligibility criteria.

Flexible Repayment Tenor
Our borrowers benefit from our flexible repayment tenor, which can even stretch up to 32 years. It allows the repayment process to be completed with ease.

Online Account Management
We make handling your Home Loan details easier for you by way of our Online Account Management portal, which lets you access your loan details without visiting our branch in person.

Zero Part-Prepayment and Foreclosure Charges
If you are an individual servicing our Home Loan with a floating interest rate, you enjoy zero part-prepayment and foreclosure charges.
Calculate Your Home Loan EMI
Repayment Schedule
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Eligibility Criteria for a Home Loan of Rs.1 Crore
Aspiring borrowers need to meet our easy Home Loan eligibility criteria to get favourable terms on home finance. Our eligibility parameters are hassle-free and minimal.
For Salaried Individuals
- You should be an Indian (NRIs included)
- You should be between 23 and 67 years** of age
- You should have a work experience of at least 3 years
For Self-Employed Individuals
- You should be an Indian (resident only)
- You should be between 23 and 70 years** of age
- You should be able to show at least 3 years of continuity in your current business
**The upper age limit is considered as the age at the time of loan maturity. Additionally, the upper age limit for applicants is subject to change, depending on the property profile.
Documents Required for a Home Loan of up to Rs.1 Crore
- KYC documents (address and identity proofs)
- Mandatory documents (PAN Card or Form 60)
- Photographs
- Latest salary slips (for salaried applicants)/ITR document and P&L statements (for self-employed applicants)
- Bank account statements of the previous 6 months
- Document for proof of business, with a minimum of 5 years of vintage (for businessmen/self-employed individuals only)
Note: The list of documents mentioned here is indicative. Additional documents may be requested at the time loan processing.
EMI Tenor for a Home Loan of Rs.1 Crore
It is suggested that before you proceed to apply for a housing loan, use the Home Loan EMI Calculator to project a tentative EMI plan, based on your preferred Home Loan terms.
Following are the details of EMIs for Rs.1 Crore Home Loan for the tenor of 10 years, 15 years, 20 years, 25 years, 30 years, and 40 years at an interest rate of 8.25%*p.a.:
Loan Amount (in Rs.) | Tenor | EMIs (in Rs.) |
---|---|---|
1 Crore | 32 years | Rs.74,085 |
1 Crore | 25 years | Rs.78,845 |
1 Crore | 20 years | Rs.85,207 |
1 Crore | 15 years | Rs.97,014 |
1 Crore | 10 years | Rs.1,22,653 |
*The values in the preceding tables are subject to change.
Disclaimer:- The interest rate considered here, and its subsequent calculations are for illustrative purposes only. The calculations and actuals will differ basis the individual’s profile and loan requirements.
Steps to Apply for a Home Loan of Rs.1 Crore
If you are planning to apply for a housing loan, the application process is easy to follow and hassle-free:
- Visit our housing loan application form.
- Proceed to choose the type of housing loan you want, and select your employment type.
- Next, fill in the requested details, such as your name and monthly income.
- Click ‘Generate OTP’ and enter the received OTP in the respective field. After entering the OTP, click ‘Proceed'.
- Populate all the financial details as requested and complete the form.
(Note: The fields that you need to fill may vary basis your employment type.) - Submit the application form.
The Home Loan application process will not take you long to complete, and our representative will connect with you within 24 hours* to walk you through the next steps.
*Terms and conditions apply.
With Bajaj Housing Finance, you can repay your loan over a flexible, long, and convenient repayment tenor of up to 32 years. This way you can ensure manageable EMIs and hassle-free repayment.
You can easily apply for a Home Loan of Rs.1 Crore with Bajaj Housing Finance and benefit from a competitive interest rate and flexible tenor. Follow these simple steps to complete your application:
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1. Visit our Home Loan application form.
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2. Provide your personal details.
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3. Choose your employment and loan type.
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4. Enter the PIN code and the required loan amount.
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5. Generate an OTP.
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6. Enter the necessary details.
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7. Submit the application form.
After submitting your application, our representatives will connect with you within 24 hours* and assist you with the next steps. Alternatively, you can visit the nearest branch to apply in person.
The EMI amount for a Rs.1 Crore Home Loan depends on factors such as the loan amount, repayment tenor, and interest rate. Other than these factors, your credit score, income stability, and repayment capacity may also influence the applicable interest rate.
If you are a salaried applicant and have availed of a Home Loan of Rs.1 Crore for 20 years at an interest rate of 8.25%* p.a., your EMIs will be Rs.85,207. You can use our Home Loan EMI Calculator to try out different values to arrive at a manageable EMI amount.
A salaried applicant who has applied for a Rs.1 Crore Home Loan for 25 years at an interest rate of 8.25%* p.a. will have to pay Rs.78,845 as an EMI.