Bajaj Housing Finance has said that it will provide home loans to its customers at the rate of at least 6.65 percent.
Home Loan: Bajaj Housing Finance announced a festive deal offer on Wednesday on the occasion of New Year. Under this, home loan interest rates have been cut for customers with better credit scores. Bajaj Housing Finance has said that it will provide home loans to its customers at the rate of at least 6.65 percent. Announcing a new festive offer, Bajaj Housing Finance, a wholly owned subsidiary of Bajaj Finance, on Wednesday said that for the first time in the industry, a housing finance company (HFC) is giving eligible homebuyers the option to link their home loan rates with the repo rate. Is. The company said that with this customers will get the benefit of rate cut by RBI.
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What should be the credit score
Apart from this, the company also said that the credit score of the customers should be at least 800 to take advantage of this reduced home loan rate. However, customers with a credit score between 750 and 799 can also apply at a competitive interest rate, but they will have to pay a slightly higher interest rate. Borrowers can also take a loan of Rs 5 crore or more, transfer the existing home loan. Apart from this, one can also avail top-up loan of Rs 1 crore or more as well as avail interest subsidy of Pradhan Mantri Awas Yojana (PMAY).
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These people can apply
Under this offer, such salaried people working in the public sector or multi-national firms who have at least three years of experience can apply for a home loan. Bajaj Finance said in a statement that doctors with MBBS or higher qualification as well as chartered accountants with three years of experience or valid practice can also apply under this offer. The company said that interested customers can apply for the loan through the website till January 26, 2022.
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