| Bajaj Housing Finance Home Loan Balance Transfer (HLBT) Highlights | |
| Interest Rate | 8.50% p.a. onwards |
| Loan Amount to be transferred | No limit |
| Processing Fees | Up to 4% of loan amount + GST |
Rates as of 12th Dec 2024.
Table of Contents
Interest Rates for Bajaj Home Loan Balance Transfer
| Applicant type | Interest Rate (p.a.) |
| Salaried and Professional borrowers | 8.50%-17.00% |
| Self-employed borrowers | 8.50%-17.00% |
Compare Bajaj Home Loan Balance Transfer Interest Rates with Other Lenders
| Name of Lender | Up to Rs. 30 Lakh | Above Rs. 30 Lakh to Rs. 75 Lakh | Above Rs. 75 Lakh | |
| SBI | 8.50%-9.85% p.a. | 8.50%-9.85% p.a. | 8.50%-9.85% p.a. | Check Eligibility |
| HDFC Bank Limited | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Check Eligibility |
| LIC Housing Finance | 8.50% - 11.25% p.a. | 8.50% - 10.55% p.a. | 8.50% - 10.75% p.a. | Check Eligibility |
| ICICI Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Check Eligibility |
| Kotak Mahindra Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Check Eligibility |
| PNB Housing Finance | 8.50% - 14.50% p.a. | 8.50% - 14.50% p.a. | 8.50%-11.45% p.a. | Check Eligibility |
| Punjab National Bank | 8.45% - 10.25% p.a. | 8.40% - 10.15% p.a. | 8.40% - 10.15% p.a. | Check Eligibility |
| Bank of Baroda | 8.40% - 10.65% p.a. | 8.40% - 10.65% p.a. | 8.40% - 10.90% p.a. | Check Eligibility |
| IDFC First Bank | 8.85% p.a. onwards | 8.85% p.a. onwards | 8.85% p.a. onwards | Check Eligibility |
| L&T Finance Limited | 8.65% p.a. onwards | 8.65% p.a. onwards | 8.65% p.a. onwards | Check Eligibility |
| Tata Capital Housing Finance | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Check Eligibility |
| Federal Bank | 8.80% p.a. onwards | 8.80% p.a. onwards | 8.80% p.a. onwards | Check Eligibility |
| Axis Bank | 8.75%-13.30% p.a. | 8.75%-13.30% p.a. | 8.75%-9.65% p.a. | Check Eligibility |
| Godrej Housing Finance | 8.55% p.a. onwards | 8.55% p.a. onwards | 8.55% p.a. onwards | Check Eligibility |
Reduce your Home Loan EMI with Bajaj Housing Balance Transfer Click Here
Eligibility Criteria for Bajaj Home Loan Balance Transfer
For Salaried Individuals
- Applicant should be an Indian resident
- Minimum age of the applicant should be 23 years at the time of home loan application.
- Maximum age of the applicant should be 65 years at the time of loan maturity
- Individuals having a minimum work experience of 3 years with public Sector Undertakings, Private Sector Companies/MNCs, etc. are eligible for Home Loan Balance Transfer offered by Bajaj Housing Finance.
For Self-employed Individuals
- Indian citizens can apply for Bajaj Housing Finance Home Loan Balance Transfer.
- Minimum age of the applicant should be 25 years at the time of loan application.
- Applicant should be 70 years old at the time of loan maturity.
- Minimum Business Vintage- 5 years
Transfer your home loan @ 8.35% p.a. onwards Click Here
Documents Required for Bajaj Housing Finance Home Loan Balance Transfer
- KYC documents (ID Proof and Address Proof)
- Photographs
- Income Proof- Form 16/latest salary slips (for salaried individuals), TR document, P&L statement for last 2 years (for self-employed)
- Business proof documents, with at least 5 years of continuity in current business (for self-employed individuals only)
- Bank account statements for last 6 months
Check: Current Home Loan Rates
Bajaj Housing Finance Home Loan Balance Transfer Fees and Charges
| Particulars | Charges |
| Processing Fee | Up to 4% of loan amount + GST |
| Penal Charges | 24% p.a. in addition to the applicable interest rate on the overdue amount |
| EMI bounce charges | Up to Rs 10,000 |
| Loan Statement Charges | NIL |
| Interest and Principal Statement Charges | NIL |
Prepayment Charges
For individual and non-individual borrowers with floating rate of interest for non-business purposes:
| Part-prepayment Charges/ Full Prepayment Charges | Term Loan- NIL
Flexi Term Loan- NIL Flexi Hybrid Loan- NIL |
For individual and non-individual borrowers with floating rate of interest for non-business purposes and all borrowers with fixed interest rate loans:
| Part-prepayment Charges | Term Loan- 2% on part-prepayment
Flexi Term Loan- NIL Flexi Hybrid Loan- NIL |
| Full Prepayment Charges | Term Loan- 4% on outstanding principal
Flexi Term Loan- 4% on available Flexi Loan amount Flexi Hybrid Loan- 4% on sanctioned amount |
Bajaj Housing Finance Home Loan Customer Care Number
+91 022 45297300 (10 A.M. to 6 P.M.)
Existing Bajaj Housing Finance customers can also register their complaints by sending and email to bhflwecare@bajajfinserv.in
To contact the grievance Redressal Team, applicants can send an email to bhflgrievance@bajajfinserv.in
Customers can escalate their complaint to the Head of Customer Experience by sending an email to bhflcustomerexperience@bajajfinserv.in
Click on Bajaj Housing Finance Home Loan Customer Care/Grievance Matrix to know more about the customer care and grievance redressal process of Bajaj Housing Finance Home Loan.