HDFC Bank Home Loan

Standing true by the name Housing Development Finance Corporation Limited (HDFC) offers some excellent home loan options for you to choose from. Being in the business for more than 20 years it offers some great benefits to the applicants. The competitive rates, easy repayment options, minimal documentation, doorstep service are some of the features to look for. These features add convenience to the whole process of taking a home loan at every stage. Go ahead and apply.

HDFC BANK Home Loan Fees and Interest Charges



Interest Rate : 11.49% to 17.50%


Processing Fees : Rs 999 - 2.5% OF LOAN AMOUNT


Loan Tenure : 1-5 YEARS


Guarantor  : NOT REQUIRED


Pre-closure Charges :  Two part-payments allowed per financial year,10% of principal outstanding (plus ST) till 6 months. 5%     (plus ST) thereafter.



Check the factors first

EMI you are eligible up to 50 % of income.

Finances 75- 90 % of project value

Any other EMI can lower down your eligibility


Know if you’re eligible for the loan

Minimum entry age: 18 years

Maximum age: 60 years

Income: Salaried & self employed


Why don’t you increase your loan eligibility?

Add Co applicant as your spouse her income can also be added to increase your eligibility

Choose longer tenure for eligibility maximisation.

Add your parent also as co applicant and increase your eligibility

What are the documents needed?

 

1. Application form with photograph duly signed


2. Processing fees


3. Latest  6 months Statement of bank account


4. ID Proof with Photo


5.Address Proof with Photo


6. Documents required for self employed


  • Proof of business existence
  • Last 3 years Income tax returns with computation of income
  • Last 3 years balance sheet and Profit /loss statement duly certified by CA

7. Documents for salaried


  • Income Tax statement or Form 16
  • salary slip of latest three month
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