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With a loan tenure that can extend beyond 15 years, a home loan is one of the more significant financial commitments that an individual can take in life. Additionally, with the instalment amount being a substantial one, any minor change in interest rate can make a huge difference.Since financial institutions consider different factors for housing loan interest rate calculation, being aware of them is imperative. It effectively allows an individual to make an informed decision while applying for one. For more details visit Bajaj Housing Finance official website.

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