Getting initial approval from Bajaj Housing was almost uncanny, the loan I applied for got credited within hours, and that’’s where the smooth ride ended. When the period of the loan payoff began, it felt like entering a time warp; clearance letters and original documents took weeks, even months, before being handed over. Then there’’s the interest rate surprises: what started competitively, inflated unexpectedly, and I found my EMI shooting up with nil-to-no justification. Few even got stuck in looping clauses, and insurance packs they never agreed upon, with the hidden penalties that drained our pockets. And rumors of system-triggered CIBIL checks and document mishandling suggest the real risk isn’’t just paperwork, it’’s, in fact, getting trapped in fine-print chaos.
In short, if you value fast initial disbursals, BHFL gives it to you. But, beyond that, everything will feel like a maze of delays and shady clauses.