Avail of a Home Loan of Rs.30 Lakh
Prospective homebuyers can avail of a Home Loan to purchase a residential property of their choice. To ensure hassle-free homeownership, we offer Home Loans at competitive interest rates with a flexible repayment tenor of up to 32 years, among other benefits.
If you are looking for a Home Loan of Rs.30 Lakh or even higher, apply today to make the most of our offering.
Home Loan of up to Rs.30 Lakh: Features and Benefits
A Home Loan of up to Rs.30 Lakh is ideal for intermediate income groups. The features and benefits that come along with a Home Loan from Bajaj Housing Finance include but are not limited to the following:
Competitive Interest Rate
We offer competitive interest rates to salaried, self-employed, and professional individuals, ensuring feasible Home Loans for all.
Sizeable Loan Amount
Eligible applicants can avail of a sizeable sanction to ensure the loan value is not a hindrance while purchasing a property.
Flexible Repayment Tenor
Enjoy a flexible repayment tenor of up to 32 years to make the repayment process manageable for yourself.
Doorstep Document Pick-up
Enjoy a truly hassle-free Home Loan borrowing journey from the comfort of your home and submit your documents online or have them picked up via our doorstep pick-up services.
Zero Part-Prepayment and Foreclosure Charges
Individual borrowers enjoy zero charges when they prepay or foreclose floating interest rate Home Loans wherein the advance is availed for housing purposes.
External Benchmarks Linked Loans
Borrowers also have the choice to link their Home Loan interest rates to an external benchmark such as the Repo Rate.
Calculate Your Home Loan EMI
Repayment Schedule
Eligibility Criteria for a Rs.30 Lakh Home Loan
The eligibility criteria for a Home Loan varies on the basis of employment and can be categorised into two sections:
- Salaried individuals
- Self-employed individuals
| For Salaried Individuals | For Self-Employed Individuals |
|---|---|
| Should be an Indian (NRIs included) | Should be an Indian (resident only) |
| Age between 21 to 75 years** | Age between 23 to 70 years** |
| Employed with at least 3 years of working experience | A verifiable business, operational for at least 3 years |
| An ideal CIBIL score of 750 or higher | An ideal CIBIL score of 750or higher |
**The upper age limit is considered as age at the time of loan maturity. Additionally, the upper age limit for applicants is subject to change, depending on the property profile.
Home Loan of Rs.30 Lakh: Interest Rates, Fees, and Charges
Bajaj Housing Finance offers Home Loans tailored to your requirements – be it in terms of a loan amount of Rs.30 Lakh or higher. Eligible applicants can make the most of industry-best terms with our customised solutions.
Our Home loan interest rates start from 8.50%* p.a. for eligible salaried applicants. To know about other fees and charges applicable, click here.
Rs.30 Lakh Housing Loan: EMI for Various Tenors
If you're thinking about availing of a Rs.30 Lakh Home Loan but aren't sure what your EMI payments will be, use the housing loan EMI calculator The tool enables complex calculations quickly and without error.
The table below shows EMI calculations based on different repayment tenors:
Rs.30 Lakh Home Loan EMI for 32 years
| Loan amount | Tenor | Interest | EMI |
|---|---|---|---|
| Rs.30 Lakh | 32 years | 8.50%* p.a. | Rs.22,764 |
Rs.30 Lakh Home Loan EMI for 20 years
| Loan amount | Tenor | Interest | EMI |
|---|---|---|---|
| Rs.30 Lakh | 20 years | 8.50%* p.a. | Rs.26,034 |
Rs.30 Lakh Home Loan EMI for 15 years
| Loan amount | Tenor | Interest | EMI |
|---|---|---|---|
| Rs.30 Lakh | 15 years | 8.50%* p.a. | Rs.29,542 |
Rs.30 Lakh Home Loan EMI for 10 years
| Loan amount | Tenor | Interest | EMI |
|---|---|---|---|
| Rs.30 Lakh | 10 years | 8.50%* p.a. | Rs.37,195 |
*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 up to Rs.30 Lakh
Applying for a Home Loan online is quick and simple. Check the steps below to apply today.
- Visit the Home Loan application form.
- Enter your personal details – name and mobile number.
- Select your occupation and loan type and provide your PIN code, required loan amount, and net monthly income.
- Enter your OTP to validate your number.
- Enter your PAN, obligation, and other details, which can vary depending on your loan and employment type.
- Click 'Submit' to submit the application form.
A Bajaj Housing Finance representative will connect with you to walk you through the following steps.
*Terms and conditions apply.
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