What is your dream to own a two-bed apartment, a dream to own sea-facing penthouse or want to buy a land to build your dream house? You can fulfill all your dreams by taking home loan from HDFC bank. Bank finances up to 85% maximum of the cost of the property, gives home improvement loan, loan for extension of existing house. Bank has flexible repayment options so that you don’t face problem. Insurance cover plan is given by HDFC Standard Life Insurance Company Ltd. to cover life’s uncertainties of the borrowers.
Highlights
Interest Rate
0%
Loan Amount
Min. - Rs 100000
(80%)
Tenure
Min. - 5 Yrs.
Time to Process Loan
7 days
Interest Rates
Tenure
Interest Type
Interest Rate
Offer
1 - 30 Yrs.
Fixed
11.25 %
Regular (Upto and including Rs 30 lacs - 10.50% to 11.00%
Over Rs. 30 lacs - 10.75% to 11.25%)
Fees & charges
Fees & charges
Processing Fee
0.5 %
Cheque Bouncing Charges
500 Rs
Late Payment Penalty
2 %
Pre-Payment Charges
2 %
Cheque Swapping Charges
500 Rs
Eligibility Criteria
Eligibility Criteria
Salaried
Salaried:
Annual Income
Rs 120000
Age
Min.: 24 Yrs. Max.: 55 Yrs.
Documents Required:
ID Proof
Yes
Residence Proof
Yes
Income Proof
Yes
Telephone
No
Photograph
Yes
Bank Statement
Yes
Signature Proof
Yes
Security
Security
Security for the loan is a first mortgage of the property to be financed, normally by way of deposit of title deeds and/or such other collateral security as may be necessary. Interim security may be required, if the property is under construction.