Read to know why owning a home can be better than renting. Learn how a home loan can turn your monthly expenses into a long-term investment and secure your future.
Are you watching your rent skyrocket year after year? It is frustrating, is not it? But here is a thought—what if you redirected that monthly expense into something more lasting, like your own home? With Bajaj Housing Finance Home Loan, making the leap from tenant to homeowner has never been easier. Let’s dive in and see why this could be the perfect time to consider buying a home.
Why buying a home is a smart move
Buying a home today not only protects you from future rent hikes but also sets you on the path to financial freedom. Here are a few compelling reasons to consider:
- Escaping the rent trap: Rent is a recurring cost that gives you no returns. Every month, your hard-earned money goes into someone else’s pocket. On the other hand, paying for a home with a home loan converts that expense into an investment. Over time, your home’s value appreciates, adding to your wealth instead of depleting it.
- Home loan tax benefits: A home loan is not just a financing tool; it is also a tax-saver. With deductions available under Sections 24(b) and 80C, you can save on interest and principal repayments. A home loan tax benefit calculator can show you exactly how much you can save, making the decision to buy even more appealing.
- Stability and security: Owning your home provides a sense of stability that renting cannot match. It is your space, your rules, and your long-term asset. No more worrying about rent hikes or sudden eviction notices.
- Cost-effective financing: If you are in need of funds to purchase a home, you can easily do so by availing of a home loan. Home loans come with low interest rates, flexible repayment tenures, and quick processing.
Explore Bajaj Housing Finance Home Loan
Think about it—why let rising rents dictate your financial journey when you can turn those monthly payments into an investment? Owning a home not only builds wealth but also provides you with a sense of belonging and control over your living space.
If you are convinced that buying is the way to go, the next step is to choose a home loan provider. Here is why Bajaj Housing Finance Home Loan is your ideal companion:
- High loan amounts: Make your dream of owning a home a reality with a loan amount as high as Rs. 15 crore*.
- Low interest rates: Enjoy affordable EMIs with interest rates starting at just 8.50%* p.a., allowing you to pay as low as Rs. 759 per lakh*.
- Long repayment tenure: Repay your loan comfortably with flexible repayment tenures extending up to 32 years*.
- Easy application process: Skip frequent branch visits with the hassle-free application process, including a convenient doorstep document pick-up service.
- Balance transfer facility: Transfer your existing home loan to Bajaj Housing Finance and enjoy a top-up loan of Rs. 1 crore* or even higher, along with affordable interest rates.
How to get started with Bajaj Housing Finance Home Loan
Ready to take the leap from renter to homeowner? Bajaj Housing Finance makes it simple:
- Visit the Bajaj Finserv website and navigate to the home loan page.
- Begin by clicking the ‘APPLY’ button available on this page.
- Enter your full name, mobile number, and employment type.
- Choose the specific type of loan you wish to apply for.
- Generate an OTP and submit it to verify your mobile number.
- After OTP verification, provide details such as your monthly income, the loan amount required, and whether you have identified the property.
- Fill in additional fields like your date of birth, PAN number, and other required information based on your occupation type.
- Once all the details are filled in, click the ‘SUBMIT’ button.
That is it! Your application will be submitted. A representative will then get in touch to assist with the next steps.
Ready to make the move? Apply for Bajaj Housing Finance Home Loan today and take the first step towards securing your dream home.
ThePrint BrandStand content is a paid-for, sponsored article. Journalists of ThePrint are not involved in reporting or writing it.