Bajaj Housing Finance has announced a bumper offer for borrowers. It also stipulates that certain conditions apply in the same case. Bajaj Housing Finance offers home loans at cheap interest rates. However, this benefit is only available to those who have a good credit score.
Bajaj Housing Finance has revealed that the Sibyl score should be at least 800. Then the lower interest rate benefit on home loans applies. That means a home loan can be taken at an interest rate of 6.65 per cent.
However, the company said that if the credit score is between 750 and 799, they can also get attractive interest rates and apply for the loan. If the CIBIL score is good, you can take a home loan at an interest rate of just 6.65%.
Bajaj Housing Finance is a wholly owned subsidiary of Bajaj Finance. Bajaj Housing Finance has revealed that all housing finance companies are offering home buyers the option of linking their home loan interest rates with the Reserve Bank of India repo rate. Doing so will then benefit the borrowers when the RBI lowers interest rates.
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