Current Affairs - Finance - Discussion

Bajaj Housing Finance has introduced Dual Rate Home Loans and Loans Against Property, featuring a fixed interest rate for the initial three years. This structure ensures predictable EMIs for borrowers during the initial period. After three years, the loans switch to a floating interest rate tied to BHFL’s Floating Rate Reference (FRR), offering market-linked benefits. This innovative product aims to provide stability and flexibility, making it easier for individuals to manage homeownership or property investments effectively.