Bajaj Finserv has announced the lowest interest rates on home loans as part of an offer for a limited period. The NBFC announced that customers can avail of home loans at only 8.35% for loans which are above Rs.75 lakh. The offer is available for all customers applying for new home loans and those interested in a home loan balance transfer. The offer will be valid between the 29th of August, 2017 and 4th of September, 2017. Bajaj Finserv is also offering an exclusive interest rate of 8.40% for balance transfer customers in tandem with a top-up loan.
For loan amounts below Rs.50 lakh, interest rates will be 8.50% and for loan amounts between Rs.50 lakh and 74.99 lakh, interest rates have been revised to 8.45% as part of this limited period offer. Home loans come with several benefits including a 3 EMI Holiday, instant approval and swift disbursal among others. Customers can choose the 3 EMI Holiday feature which enables them to start repayment three months after disbursal. Customers can plan out their finances in this period to avoid future hassles.
The application procedure is fast and customers can check their eligibility and calculate the EMI online through dedicated calculators. They can also choose their loan tenors flexibly. The loan is approved within only 5 minutes once the eligibility criteria is fulfilled and the company representative will contact the customer. Doorstep services are offered for collection of the documents of the customer as per a convenient schedule. Customers can also apply for home loans with minimal documentation including address and identity proof, bank statements and income details.