Home Loan Discounts on Independence Day: Bajaj Finserv Provides Reduced Interest Rates for First-Time Mortgage Applicants
Bajaj Housing Finance, a subsidiary of Bajaj Finance Limited, has announced special home loan interest rates for the Independence Day period in August 2025. The offer, which is open to both salaried and self-employed individuals, is designed to provide affordable home loan options for new borrowers.
To avail of this offer, applicants must meet certain eligibility criteria. They must be Indian citizens, aged between 23 to 67 years (salaried) or 23 to 70 years (self-employed), and have a good CIBIL score (preferably 750 or higher).
For salaried borrowers, the interest rate starts at 7.35% per annum, while for self-employed applicants, the rate starts at 7.85% per annum. The maximum loan amount that can be availed is Rs. 15 crore, depending on eligibility.
The application process is straightforward and can be completed online by accessing the application form at https://www.bajajhousingfinance.in/home-loan-application-form. Applicants are required to submit KYC documents (such as ID and address proof), personal and employment information, choose the type of loan, net monthly income, PIN code, and loan amount.
Once the form is submitted, the concerned team reviews the application and verifies the documents. If approved, the loan amount is typically disbursed within 48 hours. It's worth noting that bank statements for the previous six months need to be provided, and income proof (such as salary slips or P&L statements) is necessary for applicants. Property documents must also be submitted.
Borrowers opting for the home loan balance transfer can also avail a top-up loan of up to Rs. 1 crore or more. Bajaj Housing Finance has 7,800+ approved projects across various cities, ensuring a wide range of options for potential home buyers.
This Independence Day offer from Bajaj Housing Finance provides a strong opportunity for new borrowers seeking affordable home loans. Compared to other lenders, Bajaj Housing Finance offers one of the lowest starting home loan interest rates during this period. This makes it an attractive option for those looking to purchase or transfer their home loans.
[1] Bajaj Housing Finance Press Release, August 2023 [2] Bajaj Finserv Loan Against Property Offer, June 2023 [3] Bajaj Finserv Loan Against Property Terms and Conditions, June 2023 [4] Independent Financial Advisor Analysis, July 2023 [5] Bajaj Housing Finance FAQs, June 2023
- The special home loan interest rates announced by Bajaj Housing Finance for the Independence Day period in August 2025 are among the lowest starting rates compared to other lenders, making it an attractive option for those seeking affordable home loans.
- Bajaj Housing Finance offers a top-up loan of up to Rs. 1 crore or more for borrowers opting for the home loan balance transfer, adding to the range of financial services they provide.
- For those interested in personal-finance matters, it's worth considering the business news about Bajaj Housing Finance, as their diverse offerings and competitive interest rates could potentially offer suitable options for home loans or balance transfers.
