Bajaj Finance Home Loan is designed to suit people who want to buy a home. You can get a loan of up to Rs. 2 crore* with a low interest rate, and you can repay your loan for up to 32 years. This makes your monthly payments low and the total cost reasonable.
You can use the home loan EMI calculator to check your EMIs based on varying tenures. This tool is easy to use, provides fast results, and is always accurate. It helps you plan your loan effectively and make important financial decisions based on precise calculations.
Features and benefits of a home loan up to Rs. 2 crore
- Low interest rates: Our home loan interest rates start at just 8.50%* p.a. , which means you can enjoy affordable EMIs, starting at Rs. 759/lakh*.
- Quick approval: Your loan application will be approved in within 48 Hours*, sometimes even sooner, ensuring a swift process.
- Flexible tenure: Repay your loan at your own pace with a comfortable tenure of up to 32 years.
- No foreclosure fee: If you opt for a floating interest rate, you can prepay your loan without extra charges.
- Hassle-free application: Say goodbye to multiple branch visits – our doorstep document pick-up service simplifies the application process.
- Balance transfer: Take advantage of our balance transfer facility and qualify for a top-up loan of up to Rs. 1 crore* or higher.
- Wide choice: With over 5000+ approved projects, you can choose the one that suits you best.
- Externally benchmarked rates: You can select interest rates linked to an external benchmark, like the Repo Rate, to benefit from favourable market conditions.
Rs. 2 crore home loan EMI for 20 years
Loan Amount |
Rs. 2,00,00,000 |
Rate of Interest |
8.50%* p.a. |
EMI |
Rs. 1,73,565 |
Total Interest |
Rs. 2,16,55,515 |
Total Amount Payable |
Rs. 4,16,55,515 |
Rs. 2 crore home loan EMI for 15 years
Loan Amount |
Rs. 2,00,00,000 |
Rate of Interest |
8.50%* p.a. |
EMI |
Rs. 1,96,948 |
Total Interest |
Rs. 1,54,50,624 |
Total Amount Payable |
Rs. 3,54,50,624 |
Rs. 2 crore home loan EMI for 10 years
Loan Amount |
Rs. 2,00,00,000 |
Rate of Interest |
8.50%* p.a. |
EMI |
Rs. 2,47,971 |
Total Interest |
Rs. 97,56,565 |
Total Amount Payable |
Rs. 2,97,56,565 |
In conclusion, a home loan of up to Rs. 2 crore opens the doors to homeownership, providing the financial means to purchase your dream property. With attractive features, tax benefits, and flexible repayment options, it offers a comprehensive solution for making homeownership a reality. When considering a home loan, it is essential to assess your financial capabilities, future goals, and choose a loan tenure that aligns with your preferences and aspirations. Make sure to explore the offerings of different financial institutions and seek professional advice to make an informed decision regarding your home loan.
How to apply for home loan of Rs. 2 Crore
Here is the step-by-step guide to apply for a home loan:
- Click on the 'APPLY' button on this page
- Enter your full name, mobile number, and employment type
- Now select the type of loan you wish to apply for
- Generate and submit your OTP to verify your phone number
- Upon OTP verification, enter additional details like your monthly income, required loan amount, and if you have identified the property
- In the next steps, enter your date of birth, PAN number and other details as requested depending on your selected occupation type
- Click on the ‘SUBMIT’ button
