EMI Calculator

Bajaj Finserv EMI calculator

By Anchal Katyal · Written on Oct 10, 2026 · Verified on Oct 10, 2026

We've filled in a mid-band Bajaj Finserv home loan rate near 8%; swap in the one on your sanction letter. Bajaj Housing Finance lists salaried home loans from 7.25%.

What you'll learn:

  • EMI for Bajaj Finserv home loans
  • Bajaj Finserv's usual rate bands by loan type
  • What to check on your sanction letter
Home Loan
Home Loan
Currency
Principal you borrow: the starting balance before interest accrues.Learn more
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Annual rate charged on the outstanding balance. EMI uses rate ÷ 12 each month.Learn more
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Repayment period in months. Longer tenure lowers EMI but usually raises total interest.Learn more
mo
One-time charge as a % of the amount, usually paid upfront or cut from the payout. It does not change the EMI but adds to what you pay in total.Learn more
%
Extra payments toward principal (lump-sum or monthly). Reduce tenure usually saves more interest. Reduce EMI if you need cash-flow relief.Learn more
₹
₹
Shows what share of your monthly take-home pay goes to EMIs (FOIR). Banks usually cap all EMIs at 40% to 50% of net income.Learn more
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₹
Monthly EMI-
Principal-
Total interest-
Total payment-
Interest share-
EMIs use - of take-home
Payment breakup
  • Principal
  • Interest

Amortization schedule
Starting from

Yearly principal vs interest

  • Principal
  • Interest
#DateEMIPrincipalInterestBalance

Usual Bajaj Finserv EMI rates (indicative)

Bajaj Finserv is the brand; the lenders are non-bank finance companies regulated by RBI. Home loans are made by Bajaj Housing Finance Ltd (BHFL), a housing finance company supervised with the National Housing Bank, and sold on both bajajfinserv.in and bajajhousingfinance.in. Personal loans come from Bajaj Finance Ltd, an NBFC. Neither is a bank.

BHFL's rate page lists floating home loans at 7.25% to 10.25% for salaried borrowers and 7.70% to 10.65% for self-employed borrowers. Balance transfers start from 7.30% (salaried) and 7.95% (self-employed), and top-ups run 8.30% to 10.85%. The full BHFL rate table runs as high as 15.00% for weaker profiles, and the final rate can vary by up to 1% from the published grid. Loans go up to ₹15 crore over up to 32 years. RBI raised the repo rate to 5.50% on 7 October 2026; BHFL's rate table still showed REBLR at 8.45% on a 5.25% repo on 11 October, so expect repo-linked rates to move up when BHFL resets.

Bajaj Finance personal loans run 10% to 30.5% p.a. Bajaj Finance also sells new-car loans but publishes only a ceiling (up to 12.25%), not a starting rate, and it has no general education loan, so neither has a tab here. Use the calculator for reducing-balance EMI, then compare a bank quote on the same principal and tenure.

Once credit, LTV, and loan amount are applied, private-bank standard slabs often land in the mid-to-high 8%s while public-sector cards stay in the 7%s for strong scores. Car loans commonly price above housing. Unsecured personal loans sit higher still and widen sharply with credit score and employer category. Education loans depend heavily on the institute and on collateral.

Under RBI external-benchmark rules, many floating retail loans reset when the policy repo moves. Your customer rate is typically benchmark + spread, which is why two applicants at the same bank can see different EMIs on the same loan amount.

Public rate cards are not a sanction. Replace the calculator default with the Key Facts Statement or sanction letter rate, then stress +0.5% to +1% before you lock tenure.

Compare identical principal and months across banks, include documented fees in total outflow, and confirm prepayment and foreclosure language on the letter before you pay processing charges.

Usual Bajaj Finserv EMI rate bands

Indicative retail ranges for planning. Your sanction rate depends on credit profile, loan size, tenure, and product rules. These are not live Bajaj Finserv quotes.

ProductUsual rate bandNotesBajaj Finserv's page
Home Loan7.25% to 10.25%Bajaj Housing Finance, salaried; self-employed 7.70% to 10.65%; card reviewed 1 Oct 2026. Fee: Up to 4%; up to 32 years; prepayment: nil on floating; 4% on fixed unless paid from own funds.Bajaj Finserv site (opens in a new tab)
Personal Loan10% to 30.5%Bajaj Finance, unsecured; processing fee up to 4.13% including taxes. Fee: Up to 4.13% including GST; up to Not published; prepayment: up to 4.72% including gst.Bajaj Finserv site (opens in a new tab)

Each tab in the calculator above opens at a mid-band rate for that Bajaj Finserv product. Replace it with the rate on your offer letter.For a personal loan, use the personal loan calculator with a rate from the band above. Compare two written offers on the compare loan offers tool, or see every lender's rates for home loans and personal loans.

How Bajaj Finserv rates are set

Bajaj Housing Finance's home-loan rate page lists floating rates of 7.25% to 10.25% for salaried and 7.70% to 10.65% for self-employed borrowers; Bajaj Finserv's page shows the same starting rates, last reviewed 1 October 2026.

BHFL floating home loans are priced as a benchmark minus or plus a spread, and the benchmark depends on your profile. Self-employed loans are linked to BHFL's own Self-Employed Floating Reference Rate (16.13%), an internal rate BHFL sets from its cost of funds. For salaried borrowers, BHFL lists its repo-linked REBLR (8.45%, built on the RBI repo rate of 5.25%) as the current benchmark; its older Salaried Floating Reference Rate (14.95%) was offered until 15 September 2026. Ask which benchmark your sanction letter uses, because a repo-linked loan moves with RBI policy while a reference-rate loan moves when BHFL changes its own rate.

Bajaj Finserv's page lists processing fees of up to 4% of the loan amount, well above the flat slabs some HFCs charge. On a ₹50 lakh loan that gap can outweigh a 0.1% rate difference, so add the documented fee to total outflow.

Personal loans from Bajaj Finance price on credit score and income, and the band is very wide. The page lists part-prepayment and foreclosure charges of up to 4.72% including taxes, so check whether your loan is fixed or floating before you plan to repay early.

Indicative bands on this page were last checked against public materials on Oct 11, 2026. Live cards and personalized offers can move the same day.

How to use this Bajaj Finserv EMI calculator

  1. Open the Bajaj Housing Finance home-loan / mortgage card linked in Sources and note the current starting band and any slab table for your loan amount.
  2. Enter the principal you expect to borrow (not the full property price). Down payment, stamp duty, and registration sit outside EMI unless the bank finances them into the loan.
  3. Set the annual reducing-balance rate from your Bajaj Housing Finance in-principle offer or sanction letter. If you only have the public card, start at the mid-band on this page, then stress +0.5% and +1%.
  4. Choose tenure in months (240 = 20 years). Prefer the shortest term whose stressed EMI still fits after other EMIs and living costs.
  5. Open the amortization schedule to see how early years stay interest-heavy, then try a realistic lump-sum under Prepayments.
  6. Line up a second bank quote on the compare tool with identical principal and months before you pay processing fees.

What to verify on the Bajaj Finserv sanction letter

  • Which benchmark your loan uses (BHFL's repo-linked REBLR or its Floating Reference Rate) and the spread for your profile
  • How and when a benchmark change reaches your loan (EMI up, tenure up, or both)
  • Processing fee (up to 4% of the loan on the public page), legal and valuation charges, and GST
  • Net disbursal if fees are deducted from the loan
  • Prepayment and foreclosure terms (BHFL lists nil on floating-rate loans to individuals for non-business purposes; fixed-rate loans can carry up to 4%)
  • Key Facts Statement figures for EMI, total payable, and annual percentage rate

Decision tips before you borrow

  • The lowest rate Bajaj Finserv advertises goes to its strongest salaried applicants. Plan with the rate on your sanction letter.
  • Compare total outflow (EMI × months + documented fees), not only the monthly installment; a percentage processing fee adds up on large loans.
  • Stress floating EMI at +0.5% and +1% before you lock a long tenure.
  • If a bank offers a repo-linked rate close to BHFL's, prefer the clearer reset rules and lower fees over a tiny day-one EMI gap.
  • Borrow less than maximum eligibility when the stressed EMI crowds your surplus.

Planning bands used on this page

Home Loan: 7.25% to 10.25%. Personal Loan: 10% to 30.5%. These are typical ranges for planning, not the rate Bajaj Finserv will offer you.

Bajaj Finserv complaints record

What Bajaj Finserv reported in the complaints disclosure RBI requires in every annual report. These are the lenders' own audited figures, not reviews. RBI's ombudsman report gives totals by bank group only, so this is the one public count per lender.

FY 2025-26Bajaj Finance
Complaints received17,256
Escalated to the RBI Ombudsman2,434 (+51%)
About loans and advancesNot in top five

Change is against the year before. Bigger lenders log more complaints because they have more customers, and each lender counts slightly differently. RBI widened what counts as a complaint for NBFCs in January 2026, so Bajaj Finance says its 2024-25 figure is not comparable. Read the trend and the ombudsman share rather than ranking banks on the raw count. Sources: Bajaj Finance standalone financial statements 2025-26, pp. 343–344 (note 54N).

What borrowers report

Public signals only, each linked to where it comes from. App ratings rate the app, which most people use for payments and savings, so they say little about the loan unless the app is the loan's own.

LenderAppGoogle Play rating
Bajaj FinservBajaj Finance4.7★ from 77 lakh ratings

Ratings read on 11 Oct 2026.

Bajaj Finserv: recurring themes

  • Complaint: Charges that borrowers say were not made clear up front, and insurance or add-ons bundled into the loan. Read the Key Facts Statement line by line. (Voxya, Voxya)

A theme is listed only when we found it in more than one independent place: consumer-court rulings, news reports or complaint forums. Forums draw people with a grievance, so read these as risks to check on your sanction letter, not as a verdict on the lender.

Key takeaways

  • Treat 7.25% as Bajaj Housing Finance's starting rate for strong salaried profiles; self-employed loans start at 7.70%.
  • Find out whether your loan follows BHFL's repo-linked REBLR or its own reference rate, because that decides when your EMI moves.
  • Processing fees of up to 4% can erase a small rate edge; compare fee-inclusive outflow.
  • Personal loans at 10% to 30.5% price far above home loans; never reuse a home-loan rate for them.

Worked example: ₹ 50,00,000 at 8% for 20 years

EMI ≈ ₹ 41,822. Over 240 months you would pay about ₹ 1,00,37,282 in total, of which roughly ₹ 50,37,282 is interest if you make no prepayments and the rate stays constant. Raise the rate toward the top of the usual Bajaj Finserv home band (7.25% to 10.25%), or add a lump sum under Prepayments, to see how much the total interest changes. Then replace the rate with the figure on your sanction letter.

Formula: Same reducing-balance EMI formula banks use: E = P × r × (1+r)^n ÷ ((1+r)^n - 1), with r as monthly rate and n as months. Property taxes and insurance are not included in EMI unless you add them separately.

Official sources

The Bajaj Finserv pages we used for the rate bands and checklist above. Open them for the live rate table and its effective date; this site does not update bank rates in real time.

Figures are estimates for education and planning and may differ from your lender’s schedule due to fees, floating rates, or product rules.

Last updated on Oct 10, 2026.