Bajaj Housing Finance has introduced Sambhav Home Loans, a new product aimed at making home ownership more accessible and affordable for first-time homebuyers.
The product is tailored for those looking to achieve their dream of owning a home through affordable housing finance. According to the company, the income requirement for Sambhav Home Loans starts from just Rs 10,000 per month, with loan amounts starting at Rs 10 lakh.
Additionally, the bank is launching a pre-shipment financing solution to support Indian SMEs. This new offering will provide trade finance in a credit-light manner, empowering small and midsize enterprises by supporting their entire trade cycle from sourcing raw materials to delivering the end product to customers.
This solution will particularly benefit MSMEs and SMEs across India, enabling them to improve cash flow and fulfill orders even before goods are delivered to buyers.
