Rate Your Bank
 
Product Type :

Bank that you want to rate :

Product :

Pricing
Product Features
Recomended
thumbs   thumbs-down
Customer Service
Convenience
Title


Review
Name


Email*


City


Verification Code
* Email:Required, will not be displayed.
Kindly fill in your details
and get a Home Loan sanctioned in 7 days*
* Customer name:
 
* Email:
* Gender:
Male    Female
* DOB:
    
* City:
* Residence Address:
* Mobile No:
* Occupation:
* Total Exp. (In years):
* Net Income (Rs.):
* Loan Amount (Rs.):
* Company Name:
I accept, understand & agree to always abide with the Important Terms & Conditions and the Privacy Policy of this website.I also agree to allow Rupeetalk to utilise any or all information I have entered, or will enter in the future on this website,in any such manner as Rupeetalk may deem fit.

Please give us your contact details, our advisor will get in touch with you

  • Customer name:
  •  *
  • Mobile:
  •  *
  • Email:
  •  *
  • City:
  •  *
  • Your Post:
  •  *
  • Please type the verification code:
  •  *

 

HDFC Home Loan

HDFC Home Loan

 

  • Expert Rating
  • ratingratingratingratingrating
  • Avg. user Rating
  • ratingratingratingratingrating

 

  • Pricing
  • Product Feature
  • Customer service
  • Convenience

 

Member's Recomendation

9   3

8 review(s)
Expert Review | Write a Review

  • Interest Rate
  • 10.8%
  • Pre payment charges
  • Call and confirm current offering
  • Balance Transfer Charges
    (incase of refinance)
  • Call and confirm current offerings %
     
  • Part-payment Charges
  • Call and confirm current offerings
  • Switching Charges
    (Fixed to Floating or vice-a-versa)
  • Call and confirm current offering
     
  • Loan to Value ratio
  • Upto 80%
  • Speed of Sanction
  • Subject to all documentary compliances loan sanction within 7 working days
  • Ease of documentation
  • Simplified credit and legal documentation
  • Customer Service
  • Excellent
  • Franking Charges
  • As applicable %

Features and Benefits of HDFC Home Loan

 

Features:

  • Loans are available to individual to purchase or constructed houses.
  • Anyone can apply for home loan individually or jointly
  • Loan is available up to 80% of the cost of property based on repayment capacity of the customer
  • Automated repayment of home loan by giving standing instructions or PDC’s
  • Flexible repayment options are available

Eligibility:

  • Minimum age to apply for home loan is 21 years, and maximum age at maturity is 60 years
  • Minimum 2 years in employment and minimum of 1 year in current organization.

Charges:

  • Late payment charges: 2% per month
  • Cheque swapping charges & Cheque bounce charge : Rs 500/-each
  • Duplicate statement charges: Rs 100 per page, Maximum Rs 300/-
  • Issue of duplicate provisional interest certificate, balance certificate, amortization schedule charges Rs 300 each
  • Prepayment charges: No prepayment is allowed in first 6 months, 6 months to 5 years it is 1.5% of original loan amount,for 5 to 10 years 0.75% of original loan amount & for >10 years there is no closure fee

Interest Rate:

  • Loan is available at both floating rate & fixed rates
  • Floating rates are linked to base rate & BPLR
  • Currently base rate is 9.50% & BPLR is 18%,with effect from July 12,2011

    Documentation:

  •  
  • Salaried Individuals
  •   Application form with recent photograph
  •   Latest salary slip and Form 16
  •   Bank statement for last 3 months
  •   Proof of Identity (any one): Passport/Driving license/Photo credit card/Employee license/Voter's ID/PAN card
  •   Proof of Residence (any one): Driving license/Any utility bill/Govt. or authority bill

     Self Employed

  •  Application form with recent photograph
  •  IT returns for last 2 years
  •  Bank statement for last 6 months
  •  Proof of Identity (any one): Passport/Driving license/Photo credit card/Employee license/Voter's ID/PAN card
  •  Proof of Residence (any one): Driving license/Any utility bill/Govt. or authority bill
  •  P&L and Balance Sheet for last 2 years certified/audited by CA

Documents Required for HDFC Home Loan

You will be required to submit the following documents for an approval of loan.
For Salaried Applicants
  • Application form with photograph
  • Identity and Residence Proof
  • Salary-slips for last 3 months
  • Form 16 Last 3 years
  • Last 6 months bank statements
  • Proof savings & investments
  • Processing fee cheque
For Self Employed Professionals / Self Employed Businessman
  • Application form with photograph
  • Identity and Residence Proof Identity and Residence Proof
  • Education Qualifications Certificate (for professionals only)
  • Last 3 years Income Tax returns, Profit /Loss account, Balance Sheet and computation of income
  • Business profile (for non professionals only)
  • Last 6 months bank statements ( personal and business accounts)
  • Proof savings & investments
  • Processing fee cheque
* NRI’s are required to submit copy of the passport, work permit, CDC (in case of sailors) and
visa in addition to the documents listed above.

Expert Review of HDFC Home Loan

Loading

User Reviews

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

Take loan from govt banks

By: Shekhar, Delhi | 08 November 2009

I strongly suggest anyone to go for Govt banks from my personal experience. In the short or long run they prove to be better. While HDFC talks about the much touted transparency, they are hardly that....[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

Take loan from govt banks

By: Shekhar, Delhi | 06 November 2009

I strongly suggest anyone to go for Govt banks from my personal experience. In the short or long run they prove to be better. While HDFC talks about the much touted transparency, they are hardly that....[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

Do you have plans to equalize Rate of Interest for OLD and NEW customers

By: raghunath, Ahemdabad | 22 May 2010

Sir,Do you have plans to equalize Rate of Interest for OLD and NEW customers. OLD customers are paying very high Rate of Interest.I am having a home loan with HDFC with interest 10.25% interest, I req...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

All new customers BEWARE they are creating a trap for you

By: amit arora, Mumbai | 20 May 2010

I had taken a Home Loan from HDFC in April 2004 of Rs 13.60 Lac for 20 years tenure.on floating ROI The prevailing EMI was Rs 10,000 when I took the loan which is now increased to 13000 and the balanc...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

My complaint shall follow HDFC Home Loan sanction.

By: saurav sengupta, Kolkata | 19 May 2010

My complaint shall follow HDFC Home Loan sanction.After I had detailed discussion and providence of all required documents, I am no longer being helped by the bank with the Loan Amount I require, all ...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

bank Personal did not provided any list of documents required by this time

By: chirag dhabee, Gandhidham | 17 May 2010

Applied for home loan on 9th Nov,09 as below, still suffering for the updates. Submitted all required documents on 02nd, Feb,2010. Please see the attached mail correspondence which shows that the docu...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

Horiable Customer Service & Lots of Hidden / Extra Charges

By: Narayan, India | 22 January 2011

BANK has stop my online Payment and later they added to an Extraa 100/-Rs, for each Online Transaction i have to do , I talk to them couple of times but no one is there to listen , They said you go fo...[Read]

[Comment on this review] [Write a review]

  • Product Rating -

Average user rating

  • Pricing
  • Product Feature
  • Customer service
  • Convenience
  • Member's Recomendation

ADVICE/RECOMMEND

By: pradeep pasari, India | 25 April 2011

We want a Home Loan of Rs 17,00,000 but our salary is not credited to any bank account.I and my wife both are drawing a salary of Rs 43,000 P>M.We are filing our I.T regularly. Can we get the loan fro...[Read]

[Comment on this review] [Write a review]

  Write a Comment

Name
Comments
Verification Code

Ask the Expert

Having difficulties with your existing credit card? have so many problems but no one to answer them?
Our experts will give you unbiased advise free from any sales intent.

Ask our experts and get your problem solved:

Call us on 1800 180 7575
(Mon-Sat 10AM to 5.30PM)
SMS 'rupee' to 56070

or submit your details here

Home loan companies

Select by benefits

  • Loan Type
  • Loan Amount
  •  
    Rs. 
  • Tenure
  •  
     years
About Us | Privacy Policy | DSA | DSA Login | Media | Careers | Make Online Payment | Feedback | Contact Us | Sitemap
Copyright © 2008-10 www.rupeetalk.com. All rights reserved.
 
Email This
* Your Name:
* Your Email:
* Friends Email:
(Separate multiple email addresses with commas.)
OR Send email using your contact list
* Your Message: