Bajaj Finance has brought an easy way for its customers that will help them in making payments. The bank has launched the new home loan product through which the customers can pay their instalments after three months of disbursements.
With the help of this scheme the company is trying to lure more customers and expand its services. This can help the Bajaj Finance to double up its home loan portfolio to Rs. 28,000 crore by the end of the financial year. The customers will not be required to pay in first three months, the first three months amount will be added to the principal amount and on that amount the interest rate will be charged from the fourth month.
The new customers planning to have home loan from Bajaj Finance in the range of Rs 25 lakhs toRs 15 crore can avail this scheme.