Products
Personal Loan
A personal loan is a versatile financial tool that offers you a lump sum of money, without requiring any collateral. Whether you’re looking to consolidate debt, cover medical expenses, or finance a major purchase, a personal loan can help you achieve your goals.

Key Highlights
Attractive
Interest Rate
Starting from 10% p.a.
Loan
Amount
Upto ₹50 Lakhs
Flexible
Repayment Tenure
Upto 8 Years
Quick
and Convenient
Best Offers Online
Learn About
of Personal Loan
Introduction Take From BAjaj Websote https://www.bajajfinservmarkets.in/personal-loan
Who Can Avail
A personal loan can only be availed by an individual. Individual deriving income from any lawful business activity, which may be in the following forms are eligible for PL:
- Salaried individuals
Can Home Loan be availed to purchase Commercial Property?
Loan for buying a commercial property does not qualify to be Home Loan. Certainly, one gets a loan for buying commercial property, and the rate of interest applicable is as of loan against property. As the loan does not qualify for a Home loan, the tax benefits associated with Home Loan are not available. However, if the business entity is borrower, the interest expenses can be tax-deductible under sec 37 of the Income Tax Act.
What is Land-Purchase Home Loan?
While considering constructing a house, it starts with acquiring a piece of land and building on it rather than going for a ready-made home. A Land-Purchase Home Loan comes handy in such a situation. The loan is given to purchase land alone. Lenders usually finance up to 75% of the land cost.
What is a Home-Construction Loan?
The borrower has a piece of land, and need to put up the building over it, Home-Construction Loan is the need. A Home-Construction Loan is exclusively taken for constructing a house rather than purchasing a constructed property.
What is a Home Purchase Loan?
Purchasing A Home: One can decide on buying a ready-made house or flat in an apartment complex, Home Loan is the product to look for to buy either a new or an old property. Home Loan lenders usually finance up to 80% to 90% of the property value.
What is a Home-Expansion Loan?
If one wishes to add another Level/Floor to the house or add a few more rooms to the existing building, the loan falls under the category of Home-Expansion Loan.
What is a Home-Improvement Loan?
Home-Improvement Loan: Home-Improvement Loan is taken to refurbish the existing old home. If the house is a palatial one and the cost refurbish may run into lakhs, such loans are a real help.
What is Balance-Transfer Home Loan?
It refers to the process of transferring your Home Loan from one lender to another. Homebuyers mainly opt for a Home-Loan balance transfer to get attractive and lower rates of interest on their principal amounts. A Home Loan transfer is also known as loan switching.
What is a Top-Up Home Loan?
Existing Home Loan borrower can take a Top-Up Loan on the existing Home Loan to meet personal expenses or investment in the business as equity. Having a Home Loan is mandatory to get a Top-Up Loan. Top-Up Loans are ideal for those people who are in need of urgent cash. The rate of interest charged is as like Loan against Property.
Buying a home is the most significant financial decision for many individuals and certainly involves much financial planning. Availability of Home loan makes it easy.
A house loan or home loan is a form of secured loan borrowed to purchase a residential house/flat or a plot of land for construction of a residential house, or renovation, extension and repairs to your existing residential house. It has a fixed tenure and is repaid by Equated Monthly Installments (EMI) over the sanctioned tenure.
Other Related Products
Explore More Complementary Solutions Tailored for Your Financial Needs

Personal Loan
Empowering salaried professionals with quick and convenient personal loans to meet urgent financial demands.
Business Loan
Turn your dream home into reality with tailored home loans – unlocking the door to your homeownership journey.


Loan Against Properties
Opt for a loan against shares to ensure the retention of ownership of your shares/Mutual Funds, allowing your wealth to thrive and grow.
Wallet Integrations

Apple Pay

Paypal

Stripe
