Tweak your Home Loan EMI Repayment Structure! #PressRelease

·       Bajaj Finserv offers 3 EMI holiday to assist customer manage their
cash outflow. 
    Introduces unique repayment feature – Hybrid Flexi option.


Indore, April
28, 2018:
Buying a home is one of the most important decision in life, and
one should look for good options when it comes to applying for a home loan.
Bajaj Finserv’s home loan offers number of benefits such as instant approval,
speedy disbursals and many more. Bajaj Finserv, through its lending arm Bajaj
Finance Ltd., is offering home loan to its customers at the rate of interest of
8.40% and up to an amount of Rs. 3.5crore.
To help its customer’s cope up
with the enormous expenses involved while
purchasing a new home, Bajaj Finserv is offering 3 EMI holiday wherein the
customers can opt to start the payment of EMI’s after three months of availing
the home loan. Which means customer availing a home loan now can start paying
the EMI from Monsoon.
Under this option, the
interest and principal accrued for the first 3 EMI free months is adjusted in
the subsequent tenor. This helps the customers manage the cash outflow in a
seamless manner.

Unique repayment
feature by Bajaj Finserv
Bajaj Finserv has
also announced a new feature hybrid flexi option that offer a flexibility to
pay interest as EMI on Home Loan for the initial tenor. Customer can enjoy the
advantage of up to four years of holiday of not paying the principal amount
helping them manage their finances better. After this period the customers need to
pay both the principal and interest but only on the amount utilized. Customer
planning to buy a bigger house can avail this facility as they save on EMI for
the initial tenor of the home loan.
The Bajaj Finserv Home Loan
also allows the customers to repay the principal amount using dropline
repayment schedule. Furthermore, the customer can part pay, withdraw and even
foreclose the loan amount without any additional charges or any pre-payment
penalty.
Convenient application
process

Bajaj Finserv’s home loan application process is transparent and
convenient. The applicant can check their eligibility online and calculate
their EMI through the home loan EMI calculator for choosing their tenure.
To make the entire loan disbursal process easy for its customers, Bajaj
Finserv offers a door step service for collecting the customer’s documents as
per schedule convenient for the customer. Bajaj Finserv also allows its
customers to apply for a home loan with minimum documents like identity proof, address proof, income
details and bank statement.
About Bajaj Finance
Ltd:

Bajaj Finance Limited, the lending and investment arm of Bajaj Finserv
group, is one of the most diversified NBFCs in the Indian market catering to
more than 21 million customers across the country. Headquartered in Pune, the
company’s product offering includes Consumer Durable Loans, Lifestyle Finance,
Personal Loans, Loan against Property, Small Business Loans, Home Loans, Credit
Cards, Two-wheeler and Three-wheeler Loans, Construction Equipment Loans, Loan
against Securities and Rural Finance which includes Gold Loans and Vehicle
Re-Financing Loans. Bajaj Finance Limited prides itself on holding the highest
credit rating of FAAA/Stable for any NBFC in the country today.
To know more, please visit: https://www.bajajfinserv.in

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