Taking a loan to buy a home or a vehicle or to start a business is quite common in these times. Taking a loan helps to lessen the burden financially and gives you time to arrange your finances for repaying it. However, most banks and loan companies offer loans for homes, vehicles, etc. But Bajaj Finance is one of the few companies that offer lifestyle loan, i.e. a loan that will help you to furnish your home and make it look beautiful. Bajaj Finserv, along with Sun Interiors Pune, is offering loan services for furnishing or decorating your home.
Many times you buy a home but find shortage of money when it comes to decorating it. But with Bajaj Finserv‘s lifestyle finance, you do not have to wait for your dream home! Nevertheless, taking a loan for furnishing your home is not very common, and you would have certain apprehension. Here, we present to you few of the benefits of choosing Bajaj Finance’s lifestyle loan.
Loan Amount Range
Different people have different requirements when it comes to the amount needed for furnishing or decorating their home. While you may need more, there would be someone who needs much less. Bajaj has this in mind, and hence offers a loan amount from Rs. 15,000 to Rs. 15 lacs. You can apply for a loan amount anywhere between this range, as per your requirements.
Easy Documentation and Approval
Unlike home loan and vehicle loan, you do not have to sign endless documents and wait for several days to get your lifestyle loan approved. You do not have to visit any Bajaj branch. When you decide to work with Sun Interiors Pune for your home furnishing and designing, you can apply the loan then and there. All you need to do is fill an application form and submit a copy of certain documents like driving licence, pan card, etc. Once this is done, your loan would be approved within a few minutes.
Most people are afraid of applying for loans because of the high interest rates. However, with Bajaj’s lifestyle loan, you do not have to worry about this. This is because Bajaj offers lifestyle loans on 0% interest rates. So, you repay only the amount that you have applied for. So, no more sleepless nights over interest rates!
Bajaj also offers a pre-payment facility. In this case, if you have some extra cash with you, you can pay more than your EMI. However, there are certain conditions here. The minimum pre-payment amount should be more than the total of three EMIs, while there is no maximum limit. By choosing the pre-payment option, you would get to pay-up your loan amount early.
With so many features, choosing Bajaj Finserv’s lifestyle loan is truly beneficial. You get to have your dream home without shelling out a lot of money at one go. You will have time to plan your finances in an organized way, and yet get to enjoy the best luxuries of life without any stress.