#1
January 23rd, 2016, 02:21 PM
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Mortgage Rates in India
I am planning to open an account in the HDFC bank and want some details related to this bank before opening account. Will you please tell me about the HDFC Mortgage Loan details along with interest rate and also provide me address of this bank which is located in Mumbai?
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#2
January 23rd, 2016, 02:27 PM
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Re: Mortgage Rates in India
HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra and was established in 1994. HDFC Mortgage Loan details: Loans against fully constructed, freehold residential and commercial properties for: Business Needs Marriage, medical expenses and other personal needs Transferring your outstanding loan availed from another Bank / Financial Institution Longer tenure, smaller EMIs. Attractive interest rates. Easy and hassle free documentation. Simple repayments through monthly instalments. Integrated branch network for availing and servicing the loan anywhere in India. Loan Term You may spread out your payments for the loan over a maximum term of 15 years. Interest rate Loan Slab Interest Rates (% p.a.) RPLR minus Spread Residential Properties 10.60 to 12.35 RPLR – (5.70 to 3.95) Commercial Properties 11.10 to 12.60 RPLR – (5.20 to 3.70) Documents needed: Proof of both identity and residence (any 1) Valid Passport Voter ID Card Aadhaar Card Valid Driving Licence Proof of income PAN Card Last 3 months' Salary Slips Last 6 months' Bank Statements, showing salary credits Latest Form-16 and IT returns Other documents Employment Contract / Appointment Letter in case current employment is less than 1 year old Last 6 months' Bank Statements showing repayment of any ongoing loans Passport size photograph of all the applicants / co-applicants to be affixed on the Application Form and signed across Cheque for processing fee favouring ‘HDFC Ltd.’ Declaration and documents clearly stating the end use of the loan Own Contribution Proof Contact: Head Office HDFC House H T Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400 020 +91 (22) 66636000 |