Frequently Asked
Questions
General FAQ's
Should I get a Bajaj Finserv home loan at a floating rate or fixed rate of interest?
Choosing between the two kinds of interest rates depends on the current home loan interest rates. Under the fixed-rate scheme, the interest rate remains constant throughout the tenure, so choose it when the rates are low. However, with a floating-rate scheme, you can do away with the prepayment or foreclosure charges but must pay higher EMIs if the interest rate increases.