Bajaj Housing Finance advertises a home loan from 7.25% p.a. onwards and can charge up to 10.25%. It is a housing finance company, not a bank, and that matters more than the headline: an HFC is not required to price off an external benchmark, so it lends against an internal reference rate and rate cuts have historically arrived more slowly than increases.
Rate, maximum and fees
| Advertised rate | Maximum rate | Terms | Fee |
|---|---|---|---|
| 7.25% | 10.25% | BHFL floating reference rate | Up to 1% |
Updated 17 Sep 2026 · Lender rate pages, checked individually.
Read the fee together with the rate. Where a fee is quoted without tax, add 18% GST to get what you actually pay — the published charge list is on Bajaj Housing Finance home loan fees and charges. Because the reference rate is internal rather than repo-linked, it is worth reading fixed versus floating home loans before assuming a “floating” rate here behaves like a floating rate at a bank.
What that costs in rupees
On ₹50,00,000 over 20 years:
| EMI at 7.25% | ₹39,519 per month |
|---|---|
| Total interest | ₹44,84,512 |
| EMI at the 10.25% maximum | ₹49,082 per month |
| Extra interest at the maximum rate | ₹22,95,209 |
Principal and interest only. Processing fee, GST, documentation and any insurance sold alongside the loan are additional.
The gap between those two rows is the whole argument for checking your credit profile before you apply. Run your own amount and tenure through the EMI calculator, and read the fee alongside it before you compare that EMI with another lender’s.
How it compares
Bajaj Housing Finance is the joint 5th cheapest of the 12 providers we track — 0.10% above Canara Bank at 7.15%. Among housing finance companies it sits above LIC Housing Finance at 7.15% and below Tata Capital Housing at 8.00%. The full ranking is in our table of home loan interest rates.
The advertised rate is a starting point, not an offer. It goes to the strongest applicants: a high credit score, a large down payment and usually a salaried job at an approved employer. The maximum in the table above is the lender’s own upper limit, and where you land between the two is set by your credit score rather than by negotiation.
Terms change without notice. Confirm the current figures with the lender before you act.