Rs.25 Lakh Home Loan Details
A Home Loan is the ideal credit solution for all your home buying expenses, and Bajaj Housing Finance offers sizeable Housing Loan amounts at competitive interest rates. Enjoy repaying your loan at your own pace through a repayment tenor that can go up to 30 years, allowing you to plan for your future without compromising your finances.
Features and Benefits of a Home Loan Worth Rs.25 Lakh
Easy Balance Transfer
If you’re looking to upgrade your current Home Loan terms, look no further than Bajaj Housing Finance. Transfer your Home Loan balance to us and save by getting a competitive interest rate.
Attractive Refinancing Options
Looking for additional financing to furnish your new house, or another expense that is in the pipeline? Avail of a sizeable Top-up Loan, basis your eligibility and use the money to cover other costs.
Flexible Repayment Tenor
If you’re worried about jeopardizing your finances by being tied down by big EMIs, that is not a concern with Bajaj Housing Finance. You can take up to 30 years to repay your loan amount, comfortably at your own pace.
Hassle-Free Documentation
You can take a Housing Loan through a hassle-free method. Bajaj Housing Finance requests minimal documentation, which you can choose to submit through our prompt doorstep pick-up service.
Calculate your Home Loan EMI
Repayment schedule
Eligibility Criteria for a Home Loan Worth Rs.25 Lakh
For the Bajaj Housing Finance Home Loan, you don’t have to worry about filling long forms for your eligibility. Our eligibility parameters are simple and easy-to-meet.
| Eligibility Parameters | For Salaried and Professional Individuals | For Self-Employed Individuals |
|---|---|---|
| Nationality | Indian including NRIs | Indian Residents and Indian (Resident Only) |
| Employment | Minimum 3 years of work experience with a reputed employer | Minimum 5 years of vintage in current enterprise |
| Age | 23 to 62 years** | 25 to 70 years** |
| Place of Residence | Must reside in any of the cities we operate in | Must reside in any of the cities we operate in |
**Applicants must note that upper age limit is considered as age at the time of loan maturity
Interest Rates and Charges on a Home Loan Worth Rs.25 Lakh
Our Home Loans are sanctioned at attractive Home Loan interest rates, ensuring that you get the best deal your eligibility allows you. Salaried and professional individuals can get a Home Loan at an interest rate as low as 8.45%* p.a. and pay EMIs starting at just Rs.729/Lakh*. The other fees and charges attached to the Bajaj Housing Finance Home Loan are reasonable and made known to you right at the time of Home Loan approval.
EMIs for a Home Loan of Rs.25 Lakh Over Various Tenure
If you intend to take out a Rs.25 Lakh Home Loan but are unsure of the monthly payments, the EMI calculator for a Home Loan can help you know the EMIs and payable interest in advance. The tool's ease of use and small margin for error make it ideal, as described. EMI calculations based on various repayment tenors are shown in the table below:
Rs.25 Lakh Home Loan EMI for 40 years
| Loan amount | Tenure | Interest | EMI |
|---|---|---|---|
| Rs.25 Lakh | 40 years | 8.45%* | ₹ 18,327 |
Rs.25 Lakh Home Loan EMI for 30 years
| Loan amount | Tenure | Interest | EMI |
|---|---|---|---|
| Rs.25 Lakh | 30 years | 8.45%* | ₹ 19,223 |
Rs.25 Lakh Home Loan EMI for 20 years
| Loan amount | Tenure | Interest | EMI |
|---|---|---|---|
| Rs.25 Lakh | 20 years | 8.45%* | ₹ 21,696 |
Rs.25 Lakh Home Loan EMI for 10 years
| Loan amount | Tenure | Interest | EMI |
|---|---|---|---|
| Rs.25 Lakh | 10 years | 8.45%* | ₹ 30,996 |
*The values in the preceding tables are subject to change
