As a popular credit instrument, Home Loans enable you to fulfil your homebuying aspirations, provided you meet the eligibility criteria set by your lender. Sometimes, instead of accepting a single Home Loan applicant, lenders might suggest adding another applicant to the loan to boost repaying capacity and financial viability. But is it a good idea to have a financial co-applicant on your Home Loan?
Who is a Financial Co-Applicant in Home Loans?
The main applicant is usually referred to as the primary applicant. Adding another individual’s name to the loan application makes him/her the co-applicant. Such Home Loans are called joint Home Loans wherein one can include up to seven co-applicants if needed.
If the primary applicant is unable to pay the EMIs for any reason, the onus of compensating the repayment falls on the co-applicant/s. Since all co-applicants are expected to share the EMIs, a joint Home Loan minimises the chances of loan defaults and assures lenders of timely repayments.
In case there are multiple owners of a property, lenders could ask all the co-owners to become co-applicants for higher accountability. This acts as a safeguard and a prudent underwriting practice. However, a financial co-applicant may not necessarily be the co-owner of the house.
Who Can Be a Home Loan Co-Applicant?
Immediate family members, who have regular sources of income, are considered eligible as Home Loan co-applicants. They may include any of the following:
- Parents
- Spouse
- Brother
- Children
Note: This is a general list of acceptable co-applicants. Some lenders may have riders on specific co-applicant combinations.
Impact of a Financial Co-Applicant’s CIBIL Score on Home Loan Application
Applying for a housing loan with a financial co-applicant, who has a good CIBIL score, may raise your eligibility for better loan terms. You can take advantage of competitive Home Loan interest rates and a higher loan amount. Conversely, if the co-applicant’s CIBIL score is on the lower side, it could hurt your loan eligibility. A co-applicant’s score will not affect your credit rating in any way. But if the main borrower defaults, it negatively impacts the credit profile of both applicants.
Before you fill out your loan application, it is advisable to check the CIBIL scores of the co-applicant/s to ensure clarity on their credit profile and repayment history. Even if there is a minor payment overdue on an old credit card or incorrect reporting by any financial institution, it could hamper the concerned co-applicant’s CIBIL score and dent your chances of receiving a loan sanction.
Additional Read: What is a Good CIBIL Score for a Home Loan
Benefits of Having a Home Loan Co-Applicant
There are several advantages of a joint Home Loan in comparison to an individual Home Loan such as:
Higher Loan Amount
At times, the income of one individual might not suffice while trying to secure a heavy principal amount. But when you add another eligible co-applicant, lenders will consider loan eligibility based on the income levels of both applicants, and you can obtain up to 90%* of the property’s value as a loan. Combined finances automatically boost loan eligibility and enhance your prospects of availing of a larger loan amount. Consequently, it enables you to raise the budget threshold and purchase a bigger house.
Lower Interest Rates
Most lenders in India extend lower rates of interest to female Home Loan borrowers. So, if you apply for a Home Loan with your wife or mother, you can enjoy attractive interest rates on Home Loans, which could be 10 to 25 basis points lower than the usual interest rate. Having a female co-applicant improves your eligibility for obtaining cost-efficient Home Loans.
Income Tax Exemptions
One of the merits of being a financial co-applicant is that you can claim Home Loan tax benefits individually on the loan. This results in substantial savings under the Income Tax Act. All co-applicants can avail of several rebates such as:
- Section 80C – Each applicant can enjoy separate deductions up to Rs.1.50 Lakh per annum, or net Rs.3 Lakh for both, towards the principal component of the Home Loan.
- Section 24 – Both applicants can claim tax reductions up to Rs.2 Lakh each annually for the interest paid on the Home Loan with combined deductions up to Rs.4 Lakh.
Remember, the exemptions under ITA provisions can be claimed in proportion to each co-applicant’s share. The total amount obtained as tax benefits by both applicants should never exceed the actual principal amount or the interest paid to the lender.
Additional Read: Complete Guide on the Benefits of Joint Home Loan
Other Benefits of Maintaining a High CIBIL Score for Home Loans
A high CIBIL score of 750 or above denotes good repayment capacity. This assures you of hassle-free loan approvals, faster processing and swift disbursal of funds. If you possess steady earnings and an excellent credit score with no history of loan defaults, you could qualify for pre-approved loan offers as well, which can speed up the entire loan process.
To Conclude
Applying for a housing loan with a financial co-applicant increases your spending potential, while the shared repayment responsibilities let you manage credit liabilities comfortably. It also allows co-applicants and first-time loan applicants to build their credit scores effectively. Regardless, it is difficult to leave a joint Home Loan mid-way; therefore, prospective loan borrowers must carefully weigh the advantages and disadvantages of having a financial co-applicant for Home Loans before including one in their loan application.
Also Read: Is a Good CIBIL Score Mandatory for Home Loan Approval?
*Terms and conditions apply.
DISCLAIMER:
While care is taken to update the information, products, and services included in or available on our website and related platforms/websites, there may be inadvertent errors or delays in updating the information. The material contained in this website and on associated web pages, is for reference and general information purposes, and the details mentioned in the respective product/service document shall prevail in case of any inconsistency. Users should seek professional advice before acting on the basis of the information contained herein. Please take an informed decision with respect to any product or service after going through the relevant product/service document and applicable terms and conditions. Neither Bajaj Housing Finance Limited nor any of its agents/associates/affiliates shall be liable for any act or omission of the Users relying on the information contained on this website and on associated web pages. In case any inconsistencies are observed, please click on contact information.
Trending Articles
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
5 Essential Things You Need for a Home Loan Approval2024-05-08 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
7 Benefits of Taking a Home Loan in India2024-06-19 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
A Complete Guide to Check Credit Score Easily for Free2024-05-02 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-86.jpg/78c8f4a0-be4a-ccfd-8f4e-e4d7a373ee0e?version=1.0&t=1690869420272null&download=true)
cibil Cibil
[N][T][T][N][T]
What's Considered a Healthy Credit Mix?2024-06-11 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-12.jpg/9c4be5ca-a256-1312-ae42-8fa2d0cb9752?version=1.0&t=1680758736598null&download=true)
home+loan Home Loan
[N][T][T][N][T]
All About Home Loan Balance Transfers2024-06-04 | 4 mins
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-1.jpg/d2798db1-884e-d7da-a823-59d8afe95ccc?version=1.0&t=1680758614142null&download=true)
cibil Cibil
[N][T][T][N][T]
What Distinguishes CIBIL Score from CIBIL Report?2024-04-11 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Is Home Loan Eligibility and How Is It Calculated2024-07-11 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How Does Being A Loan Guarantor Affect Your Credit Score?2023-03-23 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-153.jpg/0d5d00d1-167b-a60d-f84c-744878bc9281?version=1.0&t=1691386984944null&download=true)
cibil Cibil
[N][T][T][N][T]
What is Credit Mix and How to Boost Your Credit Score?2023-03-27 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Will a Loan Settlement Ruin My CIBIL Score?2023-03-21 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
How can I Remove Loan Inquiry from CIBIL Credit Report2024-01-22 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-63.jpg/a2064d73-04dd-b64f-b8fb-8e1f046c7485?version=1.0&t=1685941983281null&download=true)
cibil Cibil
[N][T][T][N][T]
Does CIBIL Score Affect Loan Against Property Eligibility?2023-02-15 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How To Improve CIBIL Score After A Payment Default?2023-03-29 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-108.jpg/acdda18b-4ec5-7485-e411-889e8eec7d9e?version=1.0&t=1690395072700null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Everything You Need to Know About Top-up Loans on a Home Loan2024-04-09 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-41.jpg/47921c8b-be21-9c4e-13dd-8abd3ee7bbd9?version=1.0&t=1690869409608null&download=true)
cibil Cibil
[N][T][T][N][T]
What Is a Good Credit Score for a Home Loan?2022-12-28 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+2.webp/9bce1476-bc9f-5771-382b-2f64b1668cf5?version=1.0&t=1660719631404null&download=true)
cibil Cibil
[N][T][T][N][T]
Things That Can Go Wrong with Your CIBIL Report2023-03-15 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+2.webp/9bce1476-bc9f-5771-382b-2f64b1668cf5?version=1.0&t=1660719631404null&download=true)
cibil Cibil
[N][T][T][N][T]
How a Good CIBIL Score Can Help You Celebrate the Festive Season Better2024-03-19 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-112.jpg/e80f3a23-f8ba-5689-a60b-a754aea66c8d?version=1.0&t=1690395071172null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Difference Between Home Loan and Personal Loan: Which is better?2024-03-04 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-48.jpg/7cad495a-b166-1108-8722-05e87b87d18d?version=1.0&t=1690869412202null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Get a Better Interest Rate on Your Home Loan2024-01-04 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
How Can Your CIBIL Score Help in Negotiating Better Home Loan Deals2023-05-18 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Get a Home Loan Without Visiting Branch: A Step-by-Step Guide2024-03-20 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-9.jpg/2aebdaed-600e-17a6-bd65-f8ad1edf01ce?version=1.0&t=1680758616610null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Complete Guide to Securing a Attractive Interest on Home Loans2024-01-23 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-92.jpg/885b9f30-8830-105a-028c-4b3645d5d8de?version=1.0&t=1690869421738null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Understanding the Fees and Charges on Your Loan Against Property2024-02-16 | 8 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Here’s What You Can Do to Improve Your CIBIL Score2023-03-16 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-4.jpg/dd6fa2d4-5c4e-594c-dab9-226e8623b8df?version=1.0&t=1680758615265null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Home Loan Refinancing: What, Why, and Things to Remember2024-06-17 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
How to Avail of Tax Benefits on a Loan Against Property2024-06-13 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Top 10 Reasons For Low CIBIL Score & How To Improve It2024-03-01 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
home+loan Home Loan
[N][T][T][N][T]
5 Great Ways Women Can Benefit from Taking a Housing Loan2024-01-16 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-128.jpg/6d785cfd-1bf0-c4d6-88f1-f25b579c726e?version=1.0&t=1691386978870null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Top Benefits of a Loan Against Property Over Collateral-Free Loans2024-01-09 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-72.jpg/02b7d16c-54a7-29f5-497c-ece5b5c17064?version=1.0&t=1685941985070null&download=true)
cibil Cibil
[N][T][T][N][T]
Five Reasons Why a Bad Credit Score Could Lead to Loan Rejection2024-01-22 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How Does Your Digital Footprint Affect Your CIBIL Score?2024-03-20 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How Can I Get My ECN Number in CIBIL?2024-01-09 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-36.jpg/14ca3104-ede1-d998-cb83-b9c322044609?version=1.0&t=1685941982662null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Types of Home Loan Charges2024-01-22 | 3 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-82.jpg/234ce60c-a7fe-3f48-556b-a5692c88493a?version=1.0&t=1690869418914null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is Foreclosing a Home Loan? These are Some of the Do’s and Don’ts2023-12-20 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
10 Useful Income Tax Deductions for FY 2022-232024-02-21 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-55.jpg/957ca97c-0087-8a5f-2b7b-b0ffc800d8ef?version=1.0&t=1690869414103null&download=true)
home+loan Home Loan
[N][T][T][N][T]
All You Need to Know About Home Loans2023-01-19 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
Ways You Can Improve your Credit Score for a Small Business2023-03-01 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-88.jpg/7bf56db8-bfbe-d9ad-b32d-2566743de345?version=1.0&t=1685941986395null&download=true)
tax Tax
[N][T][T][N][T]
5 Tax Savings and Other Advantages You Can Get When You Apply for Home Loans2024-02-14 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-67.jpg/fdafcdc2-a700-03f3-7287-0cb1d47d5c82?version=1.0&t=1690869416565null&download=true)
cibil Cibil
[N][T][T][N][T]
Reasons Why Your CIBIL Score Is Going Down2024-04-10 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-46.jpg/7bec0c6c-60e3-0a07-bcdd-d9ee999078c7?version=1.0&t=1690869411357null&download=true)
[N][T][T][N][T]
Checklist of Documents Required for Home Loan2024-02-07 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Get a Housing Loan Approved Instantly?2024-04-10 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-56.jpg/ea7183e6-6861-ffb3-0bc4-d67060689f70?version=1.0&t=1690869414421null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Is a Pre-Approved Home Loan and How Should You Get It Done?2024-03-12 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-103.jpg/942a2c04-ae57-3f53-1329-729ffefc8ff9?version=1.0&t=1690395074160null&download=true)
tax Tax
[N][T][T][N][T]
Should You Get a Home Loan to Save Your Taxes?2024-02-01 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+10.webp/a33b518b-be01-12e8-5324-6bbeae19f860?version=1.0&t=1660719633433null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Pay Off Your Home Loan Quicker2024-03-11 | 4 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+2.webp/9bce1476-bc9f-5771-382b-2f64b1668cf5?version=1.0&t=1660719631404null&download=true)
cibil Cibil
[N][T][T][N][T]
How Business Loans Affect Your CIBIL Score & How to Improve the Same2024-03-13 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-115.jpg/65da35c2-5e32-7040-3aa5-02f545770619?version=1.0&t=1690395069927null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Short vs. Long Loan Against Property Tenor - Which Is Better?2024-05-07 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-15A.jpg/ccb369b6-12ea-3a0f-815d-4cbd569505ce?version=1.0&t=1685941981124null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Consider These Factors Before Foreclosing Your Home Loan2024-04-16 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-111.jpg/a4a26f6e-bef5-d93c-d5af-91c956c14bec?version=1.0&t=1690395070744null&download=true)
tax Tax
[N][T][T][N][T]
What is a Property Tax in India and How is It Calculated?2024-03-13 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-118.jpg/cf26d4ab-b42e-84b1-93e4-d18049a6e0d6?version=1.0&t=1691386976319null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Understanding the Fees and Charges on Your Loan Against Property2024-04-10 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
How Does Missing One Payment Affect Your CIBIL Score?2024-05-15 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-97.jpg/40066fbe-fa3d-2353-ab03-602d6e1f3407?version=1.0&t=1690869422595null&download=true)
home+loan Home Loan
[N][T][T][N][T]
6 Ways to Reduce Your Home Loan Interest2024-03-20 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-65.jpg/99b36380-d23d-3877-5ead-3e6a910b88ab?version=1.0&t=1685941983877null&download=true)
cibil Cibil
[N][T][T][N][T]
Ways to Improve Your Credit Score with a Credit Card2024-02-02 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-149.jpg/5ff230dc-58ef-6459-652b-c27e8d5f49a0?version=1.0&t=1691386983997null&download=true)
cibil Cibil
[N][T][T][N][T]
What Factors Do Not Affect Credit Scores?2024-02-28 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How to Check Your CIBIL Score for Free and What to Do If There Are Errors in It2024-06-05 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-14.jpg/24615559-e5fb-492b-517d-7f5f92101484?version=1.0&t=1680758737154null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Affects the Interest Rate on Your Home Loan2024-03-13 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-30.jpg/df2da7bb-af05-dddb-c2d1-d835b061e9c0?version=1.0&t=1691386975204null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
3 Different Loan Against Property Types You Should Know About2024-02-13 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-16.jpg/f853a627-0be7-f88b-44da-b35a79108cf6?version=1.0&t=1680758737683null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Easy Ways to Pick the Right Loan Against Property Tenor2024-05-14 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-60.jpg/740fc935-bac3-8956-6be0-918c1c72bb47?version=1.0&t=1690869415677null&download=true)
cibil Cibil
[N][T][T][N][T]
How to Check, Calculate, and Improve CIBIL Score?2024-01-11 | 2 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
How to Save Tax for Salary Above 30 Lakh?2023-08-07 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
How to Save Tax Between Rs 20 to Rs 25L Salary in India2023-07-19 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-85.jpg/630ed104-8bc3-8853-a751-5810dc9fab92?version=1.0&t=1690869419979null&download=true)
home+loan Home Loan
[N][T][T][N][T]
10 Smart Steps for Effective Home Loan Management2024-02-16 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Advantages for First-Time Home Buyers2023-07-14 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-27.jpg/b9f6572f-5521-a4fc-ddae-2002adc4440e?version=1.0&t=1691386974794null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Understanding Loan-to-Value Ratio (LTV) and its Calculation2023-11-28 | 4 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Determine Your Ideal Credit Score for a Home Loan?2024-03-28 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-13A.jpg/38896fc5-3a25-e903-1bdf-c338e26b28fc?version=1.0&t=1685941980827null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Would it be Possible for Me to Apply for a Second Mortgage?2024-05-22 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-58.jpg/77d20335-105c-5c6e-c57c-f87626015dac?version=1.0&t=1690869415055null&download=true)
cibil Cibil
[N][T][T][N][T]
Easy Ways to Maintain a Good Business Credit Score2024-01-10 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Impact of Late Payment on CIBIL Score?2024-03-08 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-44.jpg/a3e2af38-dd05-6225-9eed-5848d81250cf?version=1.0&t=1690869410642null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Common Myths About Home Loans: All You Need to Know2024-04-08 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
5 Benefits of Availing of a Home Loan at an Early Age2024-05-10 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
7 Smart Ways to Boost Your CIBIL Score for a Home Loan2024-05-09 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Pay Minimum Amount Due on Your Credit Cards Will Impact Your Credit Score2024-03-11 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
Here’s How a Short-term Loan Can Help You Improve Your CIBIL Score2024-03-25 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
How Can I Raise My Credit Score From 360 to 800 Within a Year?2024-03-21 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-20.jpg/8a62b6ff-d696-dd8f-cff1-e569b4c22bf9?version=1.0&t=1680758738737null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is an NOC Letter and Why is it Important?2024-05-14 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-145.jpg/f5f903bd-d248-a352-8790-439fba167598?version=1.0&t=1691386983016null&download=true)
tax Tax
[N][T][T][N][T]
Income Tax Structure in New Regime: New Tax Exemption Limit 20232024-05-08 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-140.jpg/a02bf2ca-4455-68a3-8816-2f9588470bb6?version=1.0&t=1691386981808null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Top 5 Issues Regarding Loan Against Property Application Rejection that You Might Face2023-02-14 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-42.jpg/3a2ae456-a404-2b89-7e54-e8bf9204ccee?version=1.0&t=1690869409947null&download=true)
tax Tax
[N][T][T][N][T]
Know all About Top Up Loans and How to Avail of Tax Benefits2023-12-12 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-146.jpg/c5a5a24d-0617-d520-9678-304ea3deb71b?version=1.0&t=1691386983267null&download=true)
home+loan Home Loan
[N][T][T][N][T]
5 Tips for Lowering Home Loan Interest Rates in 20232024-03-19 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-84.jpg/e2ffe9b5-5a4c-69f5-9eeb-51368ba49f68?version=1.0&t=1690869419690null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How Can Your Credit Score Impact Your Home Loan Interest Rate?2024-02-13 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-138.jpg/a8523220-b25c-9eff-1deb-a84e132c50a7?version=1.0&t=1691386981323null&download=true)
[N][T][T][N][T]
Everything You Need to Know About Home Loan Tax Benefits2024-04-23 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-8A.jpg/731f2df9-1164-13ac-d7fb-599e21b127b2?version=1.0&t=1685941980459null&download=true)
cibil Cibil
[N][T][T][N][T]
Does a Name Change Affect Your Credit Score2024-01-07 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-3.jpg/22260265-9e12-0935-ca61-78067326b979?version=1.0&t=1680758614864null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Home Loan Balance Transfer: Benefits, Eligibility, and More2024-05-15 | 3 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-87.jpg/fa109881-d7ad-26dc-22c5-45ee4bda3c30?version=1.0&t=1690869420582null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Benefits of Submitting a Digital Home Loan Application in Current Times2023-12-20 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-13A.jpg/38896fc5-3a25-e903-1bdf-c338e26b28fc?version=1.0&t=1685941980827null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Common Mistakes to Avoid When Applying for a Home Loan2023-12-04 | 2 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-10.jpg/c63a06aa-ce58-d906-3de6-3ff47d265601?version=1.0&t=1680758616883null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Differences Between Fixed and Floating Interest Rates2024-05-15 | 2 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-77.jpg/32fcc9c0-9e55-1ee7-175b-f4bf8ea62a32?version=1.0&t=1685941985344null&download=true)
cibil Cibil
[N][T][T][N][T]
Everything You Should Know About Your CIBIL Score2024-02-09 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-105.jpg/c21fd41f-039a-df82-49b4-5fae79443c49?version=1.0&t=1690395074886null&download=true)
tax Tax
[N][T][T][N][T]
Top Benefits of Using an Online Income Tax Calculator2023-12-28 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
What is Credit Score and Its Impact on Loan Availability2023-03-27 |
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
What Does Your Credit Score Tell About You?2024-06-11 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-32.jpg/fef2104a-dcb2-be40-f896-ad8e19d47c49?version=1.0&t=1691386975529null&download=true)
cibil Cibil
[N][T][T][N][T]
Know How Mortgage Loan Affect Your CIBIL Score2024-02-05 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-160.jpg/b176bac7-067f-4e44-393a-8aaada52a5c3?version=1.0&t=1685941987517null&download=true)
home+loan Home Loan
[N][T][T][N][T]
ITR Filing for Home Loan – Know the Right Process to File Your Income Tax Returns2024-02-16 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-100.jpg/aa033754-67be-c130-24f0-f19b94012339?version=1.0&t=1685941986948null&download=true)
cibil Cibil
[N][T][T][N][T]
Why is a CIBIL Score Measured Between 300 and 900?2024-05-07 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
What are the Types CIBIL Errors & How to Correct Them?2023-11-22 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-61.jpg/7300d599-ca9d-c699-8b6a-79492dd3910d?version=1.0&t=1685941982984null&download=true)
cibil Cibil
[N][T][T][N][T]
What is CIBIL? Understand How It Works and Its Importance2024-01-31 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
What Does It Mean to Have a CIBIL Score of -12023-06-16 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-22.jpg/8cb3d168-a546-4eeb-d5cb-a7dac4b05532?version=1.0&t=1685941981740null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Home Loan Terminologies2024-06-01 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
What Are Tradelines and How to Find Them On Your Credit Report?2024-05-28 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-91.jpg/b908a69a-8bac-bd94-29de-1bd0ae941a1c?version=1.0&t=1690869421460null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Ways to Check Bajaj Housing Loan Account Numbers2024-04-05 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Do You Need to Know About Home Loan Foreclosure?2023-03-23 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Introduction to Credit Information Bureau India Limited (CIBIL)2024-04-15 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-94.jpg/429f97fa-c0ef-4536-70e8-0a93c5272e9e?version=1.0&t=1690869422320null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Section 80EE: Claim Deductions on the Home Loan Interest Paid2023-02-17 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-119.jpg/7b826bfc-74a2-5407-5680-bd2d56f817c5?version=1.0&t=1691386976573null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is the Process to Get Your Home Loan Approved Fast with Bajaj Housing Finance?2024-02-15 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-24.jpg/8a130b64-e3f4-5930-59bf-ee21e77ed3fe?version=1.0&t=1685941982040null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What are the Different Types of Loans Available in India?2024-01-02 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-147.jpg/4d964c6f-cf7b-eb04-4f6d-baef2d5d9e30?version=1.0&t=1714645440981null&download=true)
cibil Cibil
[N][T][T][N][T]
What Does a Zero or Negative Credit Score Mean?2023-02-24 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-63.jpg/a2064d73-04dd-b64f-b8fb-8e1f046c7485?version=1.0&t=1685941983281null&download=true)
cibil Cibil
[N][T][T][N][T]
How Many Credit Inquiries are Too Much in a Year2023-09-21 | 2 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-141.jpg/4c794e23-85c1-4cb3-89e2-1df840185c6c?version=1.0&t=1691386982061null&download=true)
cibil Cibil
[N][T][T][N][T]
How to Check CIBIL Score Online?2023-03-14 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Top 5 Home Loan Benefits for First-time Woman Buyers2024-05-14 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-51.jpg/e9016f4b-8a7e-de9e-3f4a-afe0363b2ec4?version=1.0&t=1690869412867null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Importance of an NOC Letter after Closing Your Home Loan2023-12-14 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Benefits of a Joint Home Loan with your Spouse2023-08-04 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-19.jpg/283e91fa-76c6-510c-e6c4-3e3e06b728e5?version=1.0&t=1680758738471null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Pick the Best Home Loan Tenor that Suits Your Budget2023-06-29 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-66.jpg/14922f02-6202-96ad-63e2-05b20c57e9d8?version=1.0&t=1690869416281null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How Digital Platforms Are Revolutionising the Face of Housing Finance2023-12-21 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is the Ideal Down Payment for a Home Loan?2024-05-16 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
tax Tax
[N][T][T][N][T]
Comparison Between New Tax Regime vs Old Tax Regime2024-04-10 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-38.jpg/149eb7e7-c2ff-d466-1fa4-d78580450e8d?version=1.0&t=1690869408600null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Know All About the Home Loan Foreclosure Procedure2023-12-20 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+2.webp/9bce1476-bc9f-5771-382b-2f64b1668cf5?version=1.0&t=1660719631404null&download=true)
cibil Cibil
[N][T][T][N][T]
10 Common Myths About CIBIL Score2024-03-27 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-142.jpg/5dc0e05a-83a1-7ab3-bf53-d021723583bc?version=1.0&t=1691386982298null&download=true)
cibil Cibil
[N][T][T][N][T]
Check CIBIL Score with PAN Card for Free, in 3 Steps2024-02-27 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-101.jpg/35021707-9c15-b12e-3131-d0e162487071?version=1.0&t=1690869423435null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Advantages of Including a Co-Applicant on Your Home Loan2024-01-21 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-50.jpg/95eac235-a7fb-9428-8808-569d29aa004e?version=1.0&t=1690869412550null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is the Difference Between Top-up Loan and Home Improvement Loan2023-01-11 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-79.jpg/429652d3-cf73-dc06-6701-ca8e144d54da?version=1.0&t=1690869418055null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Are Registration Charges Compulsory When You Opt for a Home Loan?2024-04-15 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-45.jpg/eda2cbe5-2698-c0e3-ff9e-87f82ca69b82?version=1.0&t=1690869410994null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Can I Take a Home Loan and a Personal Loan Together?2024-01-17 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-98.jpg/3d01134e-c5ea-ad38-1711-aa77fece6ea6?version=1.0&t=1690869422885null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Should You Take a Home Loan Even If You Have Enough Money to Buy a House?2023-01-30 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-73.jpg/ab9043fa-c179-0cd6-ff85-60035d21eb6e?version=1.0&t=1690869417162null&download=true)
home+loan Home Loan
[N][T][T][N][T]
7 Common Problems You May Face While Applying For Home Loan2024-01-18 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Happens If Home Loan EMI Bounces? Know the Consequences2023-07-11 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-18.jpg/aea627c6-044d-a572-c1a5-5982c3a23e9a?version=1.0&t=1680758738202null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Hybrid Flexi Loan vs. Personal Loan: Which One is Better?2024-01-24 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-69.jpg/07816147-504b-0220-445d-97e2b48780e3?version=1.0&t=1685941984478null&download=true)
cibil Cibil
[N][T][T][N][T]
A Helpful Guide to Understanding Your Credit Report2024-01-26 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-5.jpg/fdfc7e4b-0b54-563c-f312-06cbd77b97d1?version=1.0&t=1680758615539null&download=true)
home+loan Home Loan
[N][T][T][N][T]
An Essential Guide to Refinancing a Home Loan