Home loan is a secured loan that can be availed for buying/ constructing a residential property. Currently Home Loan interest rate starts at 7.90% p.a. Most Banks & HFCs sanction 75% to 90% of property’s value as home loans. Low processing fee, provisional sanction, 30 years of tenure & flexible EMIs are some of the key benefits of home loans.
Home loan interest rates are the lowest ever in the past 15 years. With raining festival offers on home loan, currently you can avail of the best interest rate on Bajaj Finserv home loan @7.70% p.a for all loan amounts.
You can avail the lowest Home Loan EMI at Rs. 727/- per lakh with maximum repayment flexibility. Some options are Step-Up EMIs, Step Down EMIs, Moratorium, OD facility, balance transfer, top up and more.
Home Loans at floating interest rate (linked to repo rate) offer you ultimate prepayment flexibility. There is no part or full prepayment charge. You can prepay early & reduce interest cost as per your cash flows.
