Q:Hi,I need help of you guys again :)I'm looking to get an home loan and finalized 2 banks and not sure which bank to go with, considering both banks fullfill my requurements and property is only approved by HDFC and not SBI.Considering this, what you guys suggest HDFC or SBI?
Q:Dear sir, I am planning to buy an apartment in Delhi-NCR. Can someone suggest me what are the important documents required for home loan in HDFC bank?
Latest Answer: Housing Development Finance Corporation (HDFC) is one of the premier banks in India for providing home loan. HDFC finances up to 80% of the cost of the property (including the cost of the land) based on the repayment capacity of the customer. You can choose from Partly Fixed or Partly Floating rate options. Loan is available for purchase (fresh / resale) and construction of houses, Renovation and repair, Extension of house and Purchase of plot. Repayment of the loan can be done over a maximum period of 10 years.
Latest Answer: Just fill out the eligibility form from HDFC website and you will get a quote with a sms on your number telling you about the eligibility. Details about your present gross monthly and yearly salary; your age; the year during which you are planning to retire; Cost of land and construction are to be filled out.