New Delhi, Sept. 9 -- Buying a home often stretches a single income further than it can comfortably go, which is why many buyers apply together with a spouse, a parent, or a sibling, rather than alone. Combining incomes on a joint home loan can raise how much you're eligible to borrow, but it also means every applicant is equally on the hook for repayment, not just for their notional share of the property.

Loan amounts of up to Rs. 15 crore* are available with the Bajaj Finance Home Loan, alongside a repayment tenure of up to 32 years*, based on eligibility assessed on the combined profile.

When you apply jointly, the lender looks at the combined income of all applicants to assess how much the group can be eligible to borrow, rather tha...