3 EMI free Months Home Loan Scheme by Bajaj Finserv

3 EMI Holiday Scheme: under this scheme from Bajaj Finance you can get “3 EMI Free Months”, When you take a loan from bajaj finance, you have the option to start paying EMI’s after 3 Months.

Under 3 EMI Holiday Scheme, Loan amount would be increased to tune of interest accrued but nor due for the first 3 months. The revised loan amount (original loan amount plus the interest capitalised for the first 3 months) would be amortised over the balance tenure of loan. For example:

This scheme would ensure our customers are comfortable during the first 3 months post the property transaction.

Illustration:

Particulars In normal Scheme In EMI Holiday Scheme
Home Loan amount 10,000,000 10,000,000
EMI Holiday offered 3
Revised Tenor 240 237
EMI 99,167 102,154

Home Loan applications received for rupees ₹ 419,027 crores till 02 December 2020

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120,17,256 loan quotes taken till now.
Home loan Interest rates starts from 6.90% for women, 6.95% for Others.

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