Home loan up to Rs. 30 lakh details
With this home loan from Bajaj Finserv, you can purchase an apartment, renovate an existing house, or construct a home to suit your needs. The sanction of up to Rs. 30 lakh is easy to access as you only have to meet minimal criteria and submit basic documentation. Thanks to the e-home loan feature, you can apply online and satisfy all requisites without stepping out.
Another online feature with this loan is the handy home loan EMI calculator. It plays a crucial role in helping you plan the loan and offers great insight about your potential EMIs. Use it before and during your home loan application.
Rs. 30 lakh home loan EMI with varying tenures
Another online feature with this loan is the handy home loan EMI calculator. It plays a crucial role in helping you plan the loan and offers great insight about your potential EMIs. Use it before and during your home loan application.
Here are a few tables to help you get a better idea of the EMIs applicable on different loan terms.
| Loan amount | Interest Rate | Tenure | EMI |
| Rs. 30 lakh | 8.50%* | 10 years | Rs. 37,196 |
| Rs. 30 lakh | 8.50%* | 15 years | Rs. 29,542 |
| Rs. 30 lakh | 8.50%* | 20 years | Rs. 26,035 |
| Rs. 30 lakh | 8.50%* | 25 years | Rs. 24,157 |
| Rs. 30 lakh | 8.50%* | 30 years | Rs. 23,067 |
Rs. 30 lakh home loan EMI for 20 years
Loan Amount |
Rs. 30 lakh |
Interest Rate |
8.60%* p.a. |
Tenor |
20 Years |
EMI |
Rs. 26,225 |
Rs. 30 lakh home loan EMI for 15 years
Loan Amount |
Rs. 30 lakh |
Interest Rate |
8.60%* p.a. |
Tenor |
15 Years |
EMI |
Rs. 29,718 |
Rs. 30 lakh home loan EMI for 10 years
Loan Amount |
Rs. 30 lakh |
Interest Rate |
8.60%* p.a. |
Tenor |
10 Years |
EMI |
Rs. 37,356 |
How to apply for Rs. 30 lakh home loan
Step-by-step guide to applying for a home loan:
- 1 Click on the 'APPLY' button on this page.
- 2 Enter your full name, mobile number, and employment type.
- 3 Now select the type of loan you wish to apply for.
- 4 Generate and submit your OTP to verify your phone number.
- 5 Upon OTP verification, enter additional details like your monthly income, required loan amount, and if you have identified the property.
- 6 In the next steps, enter your date of birth, PAN number and other details as requested depending on your selected occupation type.
- 7 Click on the ‘SUBMIT’ button.
That is it! Your application is submitted. Our representative will connect with you and guide you through the next steps.
Eligibility criteria for Rs. 30 lakh home loan
Here is a list of the requirements to meet in order to qualify for the sanction.
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Nationality
Indian
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Age
23 years to 65 years for salaried individuals, 23 years to 70 years for self-employed individuals
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Employment status
At least 3 years years of experience for salaried individuals; at least 5 years years of business continuity for self-employed individuals
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CIBIL score
725 or higher
*Please note that the list of eligibility terms mentioned above is indicative. Terms and conditions apply.
Home Loan Up To Rs. 30 lakh: Interest Rate and Fees
This Bajaj Finserv Home Loan has a competitive interest rate and nominal charges.
Read the complete list of fees and charges applicable on our home loan to take an informed decision.
*Conditions apply
Frequently asked questions
A monthly salary of around Rs. 65,000 - Rs. 75,000 is usually required to get a Rs. 30 lakh home loan, depending on the lender’s eligibility criteria and debt-to-income ratio.
For a Rs. 35 lakh home loan at an 8.5% interest rate and a 20-year tenure, the EMI would be around Rs. 30,373.
Eligibility for a Rs. 30 lakh home loan depends on factors like credit score, stable income, age, employment type, and existing financial obligations.
Yes, a Rs. 30 lakh home loan is eligible for tax exemption under Sections 80C and 24(b) of the Income Tax Act, 1961, on principal repayment and interest payment.
Use an online EMI calculator, enter the loan amount (Rs. 30 lakh), interest rate (8.5%), and tenure to get the monthly EMI, total interest, and repayment schedule.
Yes, you can get a Rs. 30 lakh home loan if you meet the lender’s eligibility criteria, including a good credit score, stable income, and proper documentation.
To plan for Rs. 30 lakh home loan EMI prepayment, calculate your monthly surplus and decide on a feasible prepayment amount. You can make partial prepayments or increase your EMI. Prepaying regularly reduces interest payments and shortens the loan tenure, making it more affordable in the long run.
The repo rate directly influences your home loan EMI if you have a floating interest rate. When the repo rate increases, your lender may raise the interest rate, leading to higher EMIs. Conversely, a decrease in the repo rate can lower your EMI, reducing your loan burden.
