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Updated by mr-rameshkumr on Jul 06, 2021
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Home Loan Guide

Get all the information related home loan eligibility, documents and tenure etc in under the one roof.

9 Top Factors That Can Increase Your Home Loan Eligibility - BIG 3 NEWS

If you are looking to apply home loan to take a new home? if yes so, you need to meet home loan eligibility criteria to approved your home loan application easily. Please have a look top factors that increase your home loan eligibility. Read complete article.

Valuable Aspects To Consider Avoiding Home Loan Rejections

If you are looking to apply home loan to take a new home? if yes so, you need to know more about how to avoid your home loan rejections to approved your home loan application easily. Please have a look valuable aspects to consider avoiding home loan rejections. Read complete article.

When Is The Ideal Time For Refinancing Home Loan

When you have an active home loan account, then it means that a part of the income and expenses is bound to be affected by EMIs over the tenure. Sometimes, you may also avail another loan to fund any other needs. 

Bajaj Housing Finance Limited provides home loan balance transfer at the rate of 6.9% and also you can get a top-up loan worth more than 40 lakh on your existing home loan. Our home loan Balance transfer calculator can be used to calculate your saving and also your home loan eligibility. To read more about Home loan balance transfer and its features then you can visit bajaj housing finance website.

What is the purpose of a home loan top-up?

A top-up loan is a provision offered by HFCs that allows borrowers to avail additional funds on their existing home loan. Individuals opting for refinancing can avail this feature to gain an affordable interest rate and save more. Hence, borrowers must be well aware of the specifications related to top up loan to make the best use of the sanctioned fund. For more details read this post carefully or visit bajaj housing finance website

Factors to Consider before Applying For a Housing Loan

The home loan interest rate offered to you dictates the cost of borrowing to a large extent. It is in your best interest to secure the lowest rate possible. A home loan calculator can help you see the financial impact that marginal changes in the interest rate make. You can get a better home loan interest rate by either improving your financial profile, so that you’re less of a risk to lend to, or prioritising lenders based on the home loan interest rate they offer. For more details read this post carefully or visit bajaj housing finance website.

PMAY is housing initiative, which was launched by central government of India in 2015. This scheme aims to provide affordable housing to the low-income, middle-income groups, and economically weaker society sections by 2022. According to a report, nearly Rs.1.66 lakh crores has been invested in this scheme. This scheme is divided into two sections-
PMAY Urban
PMAY Gramin
To Know more about PMAY subsidy then read this post quickly and dig deeper into it.

The home loan balance transfer is a method of switching existing housing loan balance to a lender offering better interest rates and facilities. This feature aids in lowering EMIs and finding financial institutions offering additional benefits like a top-up loan.

Here are few Documents required for a home loan balance transfer:
1. Consent letter
2. No objection certificate or NOC
3. Loan agreement
4. Foreclosure letter
5. Home loan statement
6. KYC documents
For more details read our quick blog and dig deeper into it.

Important Facts about PM Awas Yojana and its Subsidy

The Pradhan Mantri Awas Yojana (PMAY) has made it possible for India’s poor urban and rural population to fulfil their dreams of having their own homes. The scheme was launched in 2015 by PM Narendra Modi. The PMAY housing scheme has the provision to build affordable houses using eco-friendly and sustainable construction technologies.

Key Points You Should Remember Before Opting For Loan Against Property

Do you need a large amount to meet your diverse needs?
Don’t you want to manage to pay a higher rate of interest and make savings?
If yes, then availing the facility of the loan against property is one of the best ones to go for. For more details read our quick blog.
loan against property

Do You Know About Pradhan Mantri Awas Yojana Subsidy

Borrowers can also use a PMAY EMI calculator alongside this specialised tool to gain a comprehensive understanding of their monthly repayment liability for an informed borrowing decision. Borrowers must, however, know about the PMAYU or PMAYG category they belong to for easy use of the home loan EMI calculator with PMAY subsidy. For more details visit Bajaj Housing Finance website.