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Affordable housing: Bajaj Housing Finance launches Sambhav home loans

Bajaj Housing Finance Limited has introduced Sambhav Home Loans, a new initiative aimed at making housing finance affordable and accessible for first-time homebuyers.

Designed with the vision of ‘Karein Har Ghar Mumkin’ (Making Every Home Possible), Sambhav Home Loans target the affordable housing segment. This product specifically addresses the needs of the unorganized sector, including micro-entrepreneurs, economically weaker sections, and lower-income households in urban and semi-urban areas across India.

Sambhav Home Loans cater to a diverse range of employment types, allowing both salaried and self-employed individuals to apply. The eligibility criteria are inclusive, with the minimum income requirement starting as low as Rs 10,000 per month for salaried individuals.

Applicants can secure a Sambhav Home Loan with or without providing income proof, with loans starting from Rs.10 Lakh, subject to eligibility. The repayment period extends up to 20 years, ensuring borrowers can repay their loans comfortably.

PR Newswire

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