Unlocking the Benefits of the Bajaj Housing Finance Customer App

The Bajaj Housing Finance Customer App is your gateway to managing your home loans, loans against property, and top-up loans with unparalleled ease and convenience. Designed for the modern user, this app provides a secure, paperless platform that allows you to access essential loan information and services anytime, anywhere.

Key Features of the Bajaj Housing Finance Customer App

With a user-friendly interface, the app offers a variety of features that enhance your loan management experience:

• Loan Dashboard: Monitor your loan account, EMIs, and repayment schedules in real-time.
• Instant Payments: Make part-prepayments and settle overdue amounts securely online.
• Digital Documents: Easily download your Statement of Account, Repayment Schedule, Interest Certificate, and more with just a few taps.
• Service Requests: Raise and track service requests online, eliminating the need for branch visits.
• Top-up Eligibility Check: Quickly view pre-approved or eligible top-up offers on your existing loan.
• Secure Access: Log in using a customized mPIN or biometric authentication for a safe experience.

Transparency in Lending

When considering a home loan, loan against property, or top-up loan, the Bajaj Housing Finance app ensures you have access to crucial information upfront, promoting transparency and informed decision-making.

Home Loan Highlights

Explore the key features of Bajaj Housing Finance's home loan offerings:

• Loan Amount: Ranges from Rs. 4,00,000 to Rs. 10,00,00,000 or higher, depending on eligibility.
• Repayment Tenure: Flexible terms from 5 years to 32 years.
• Interest Rate: For salaried individuals, rates range from 7.35% p.a. to 9.20% p.a.
• Processing Fee: Up to 4% of the loan amount plus applicable GST.

For instance, if you take a home loan of Rs. 50,00,000 at an interest rate of 7.35% p.a. for a tenure of 30 years, your EMI would be approximately Rs. 34,449. The total interest paid over the loan term would amount to Rs. 74,01,498, leading to a total payable amount of Rs. 1,24,01,498.

Loan Against Property Highlights

Discover the advantages of securing a loan against property:

• Loan Amount: Available from Rs. 20,00,000 to Rs. 5,00,00,000 or higher, based on eligibility.
• Repayment Tenure: Options range from 2 years to 17 years.
• Interest Rate: For salaried individuals, rates vary from 8.99% p.a. to 12.00% p.a.
• Processing Fee: Up to 4% of the loan amount plus applicable GST.

For example, if you opt for a loan against property of Rs. 50,00,000 at an interest rate of 8.99% p.a. for a tenure of 15 years, your EMI would be around Rs. 50,684. The total interest payable would be Rs. 41,23,046, resulting in a total repayment amount of Rs. 91,23,046.

Note: Calculations are for illustrative purposes only. Subject to eligibility; terms and conditions apply.

Understanding the Annual Percentage Rate (APR)

The Annual Percentage Rate (APR) represents the annual cost of credit to the borrower. This includes the interest rate and all associated charges, such as processing fees, insurance, annual maintenance charges, and valuation fees. However, it does not account for contingent charges that may arise from events like late payments or cheque bounce fees.

About Bajaj Housing Finance Limited

Bajaj Housing Finance Limited (BHFL) is classified as an ‘Upper-Layer NBFC’ by the RBI under Scale Based Regulations. As a subsidiary of Bajaj Finance Limited, BHFL is headquartered in Pune and provides financing solutions for individuals and corporate entities. Their offerings include loans for purchasing and renovating homes or commercial spaces, loans against property for personal or business needs, and working capital for business expansion. Additionally, BHFL finances developers involved in constructing residential and commercial properties and offers lease rental discounting to developers and high-net-worth individuals. The company holds a AAA/Stable rating for its long-term debt program and an A1+ rating for its short-term debt program from CRISIL and India Ratings.

Contact Us

For more information or assistance, reach out to us:

Email: bhflwecare@bajajhousing.co.in

Corporate Office: 5th Floor, B2 Building, Cerebrum IT Park, Kumar City, Kalyani Nagar, Pune 411014, Maharashtra, India

Experience the convenience and efficiency of managing your loans with the Bajaj Housing Finance Customer App today!