Bajaj Housing Finance offers cheaper home loans to those having high credit scores


Bajaj Housing Finance offers cheaper home loans to those having high credit scores

Announcing the new festive offer on Wednesday, Bajaj Housing Finance, a fully owned subsidiary of Bajaj Finance, said that as a first in the industry, the housing finance company (HFC) allows eligible homebuyers to opt to link their home loan rates to the RBI's repo rate.

The second wave of the pandemic impacted the business volume of microfinanciers during the first half due to poor collections and the resultant moderation in fresh lending. The industry closed the first six months of the current fiscal with asset growth of only five per cent, rating agency ICRA said in the report released on Wednesday.


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