How to apply for Home Loan from HDFC

by Bizopedia · Published May 15, 2022 · Updated November 2, 2022

HDFC is number one Home Loan financier in the country. HDFC provides all type of home Loans for every class of applicants including salaried as well as self employed in the country. Getting a Housing Loan from HDFC is pretty simple process. in this post, we would look into step by step process to apply for a HDFC Housing Loan from the comfort of your room.

Home loan from HDFC application process

First of all, applicant would need to visit official website of the HDFC at www.HDFC.com to start the application process.
You would be required to click on apply for Home Loan.
If you want to know eligibility for your Home Loan then you need to click on check eligibility before applying for a Home Loan
You would be directed to ‘Basic information tab’ on the website in which you would need to select the type of home loan that you are applying for. It could be any type of loan such as Home Loan to buy a new house, Home renovation loan for a existing Home or a Plot loan to buy a new plot.
Next, applicant would be asked to provide details of the property chosen such as state, city and estimated cost of property etc.
You would also be asked to provide details of co applicant if any. Maximum number of co applicant that can be added for home loan from HDFC could be 8
You would be redirected to ‘Applicants tab’. Under which, you would be required details such as citizenship status, state, city, current address, gender, age, work profile, mobile number, email Id, current monthly income and total emi obligations on all loans apart from HDFC
Post submission of basic details, you would be taken to offers tab where you would be shown various home loan offers for loans including various tenures, loan amount etc
You would need to select final home loan product from HDFC Home Loan portal and you would be taken to final page where you would be required to submit few more details
You would be required to upload all documents such as PAN card, Adhar card, Salary slips, ITR etc.
Post submission of processing fee, your online application for a HDFC Home Laon is complete and now you can leave as HDFC representative would contact to you as next step in your Home Loan process

HDFC Home Loan

home loan from HDFC FAQs

Q – Is HDFC good for Home Loan?

A – Yes, HDFC is one of the best choice for a housing loan as it is a pioneers in the home loan industry and has disbursed maximum number of home loan apart from public sector bank. HDFC is a specialized company that focuses solely on Home Loan application and nothing else

Q – How much home loan can I get on 60000 salary HDFC?

A – For a salary of 60,000 per month you can get a home loan worth up to 50 Lakhs

Q – What is the EMI for 30 lakhs home loan?

A – EMI for a 30 lakhs Home Loan would come out in range of 25 to 30 thousand per month

Q – What is the EMI for 20 lakhs home loan for 20 years?

A – EMI would come out to be in range of 15 thousand from HDFC

Q – How much home loan can I get on 40000 salary from HDFC?

A – You can get Housing Loan up to amount 40 Lakhs from HDFC

Q – How much home loan can I get on 50000 salary?

A – You can get a Home loan up to amount 50 lakhs with a salary of around 50 thousand per month

Q – How much home loan can I get on 50000 salary?

A – There is no upper limit on amount that you can get for Home Loan from HDFC. It totally depends on your repayment capacity and price of property that you intend to purchase

Q – Does HDFC provides 90% Housing Loan?

A – Yes, you get a Home Loan up to amount of 90% of your property market value.

In this post, we have discussed about application process for a HDFC Housing Loan. Keep in mind that HDFC has recently increase its rate of interest on Home Loan post increase of repo rate by RBI. You can read our other articles on SBI Home Loan from below-