The Bajaj Finance Home Loan is tailored for individuals looking to purchase a home. You can secure a loan of up to Rs. 3 crore* at a competitive interest rate, and the repayment tenure can extend up to 32 years. This feature ensures that your monthly instalments are affordable, and the overall borrowing cost is reasonable.
To calculate your EMIs based on different repayment periods, you can utilise the home loan EMI calculator. This user-friendly tool delivers swift and precise results, enabling you to efficiently plan your loan and make crucial financial choices based on accurate calculations.
Features and benefits of a home loan up to Rs. 3 crore
Loan of up to Rs. 15 crore*
Buying a home is one of the biggest milestones. Achieve it with a sizeable loan amount of up to Rs. 15 crore*.
Low interest rates
With our loan interest rates starting at 7.99%* p.a., pay EMIs as low as Rs. 722/lakh*.
Approval in 48 Hours*
Your loan application will be approved within 48 Hours* of your application, in some cases, even earlier.
Tenure of up to 32 years*
Pay back your loan comfortably with our long repayment tenure ranging up to 32 years*.
No foreclosure fee for individuals
Individual borrowers who choose a floating interest rate can foreclose the entire amount or prepay a part of the loan without paying an additional fee.
Hassle-free application
Our doorstep document pick-up service helps to skip numerous branch visits and enables an easy application process.
Balance Transfer facility
Benefit from our home loan balance transfer and be eligible for a top-up loan of up to Rs. 1 crore* or higher.
5000+ approved projects
Choose from our 5000+ approved projects to avail of a quick loan.
Externally benchmarked interest rates
You can opt for interest rates linked to an external benchmark, such as the repo rate to benefit during favourable market conditions.
Rs. 3 crore home loan: EMI, interest, and total payment for different loan tenures
Loan Term |
Loan Amount |
Rate of Interest (p.a.) |
EMI |
Total Interest |
Total Amount Payable |
20 Years |
Rs. 3,00,00,000 |
8.50% |
Rs. 2,95,422 |
Rs. 2,31,75,936 |
Rs. 5,31,75,936 |
15 Years |
Rs. 3,00,00,000 |
8.50% |
Rs. 2,60,347 |
Rs. 3,24,83,273 |
Rs. 6,24,83,273 |
10 Years |
Rs. 3,00,00,000 |
8.50% |
Rs. 3,71,957 |
Rs. 1,46,34,848 |
Rs. 4,46,34,848 |
Rs. 3 crore home loan EMI calculator
A Home Loan EMI Calculator helps you estimate the monthly instalments for a Rs. 3 crore home loan based on your preferred tenure and interest rate. By entering the loan amount, interest rate, and loan tenure, you can quickly determine your monthly EMI. This tool is essential for planning your finances and ensuring affordability. Using the home loan EMI calculator, you can make informed decisions and adjust your loan terms accordingly to find a suitable repayment plan.
Rs. 3 crore home loan interest rate and other charges
When opting for a Rs. 3 crore home loan, it’s crucial to be aware of the interest rates and associated charges. Interest rates can vary based on the lender and borrower profile. Additional costs include processing fees, and administrative fees. These charges impact the total cost of the loan, so it’s advisable to compare different lenders before finalising. Understanding these rates and fees ensures better financial planning and helps avoid surprises during the repayment period.
With Bajaj Finance, you can get a home loan with interest rates starting at just 7.99%* p.a..
How to apply for Rs. 3 crore home loan?
- Click on the ‘APPLY’ button available on this page.
- Provide your full name, mobile number, and employment type.
- Select the type of loan you wish to apply for.
- Generate and submit your OTP to verify your phone number.
- After verification, enter additional details like monthly income, desired loan amount, and property status.
- Next, fill in your date of birth, PAN number, and other requested information based on your employment type.
- Click on the ‘SUBMIT’ button.
That’s it! Your application is complete. Our representative will get in touch with you to guide you through the next steps.
Rs. 3 crore home loan eligibility and documents required
Anyone can apply for a home loan with Bajaj Finance if they meet the following eligibility criteria:
- Nationality: You must be an Indian citizen residing in India.
- Age:
- Salaried applicants should be between 23 years to 67 years
- Self-employed professionals should be between 23 years to 70 years.
(Note: The upper age limit refers to the age at the time of loan maturity.)
- CIBIL Score: A score of 725 or above is recommended for a home loan.
- Occupation: Salaried employees, professionals, and self-employed individuals are eligible.
Documents Required
- KYC documents (Identity and Address Proof)
- Income Proof (Salary slips or Profit & Loss statement)
- Business Proof (for self-employed applicants)
- Bank account statements for the last 6 months
Note: This is a basic list. Actual requirements may vary based on your loan application.
In conclusion, a home loan of up to Rs. 3 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.
