HDFC Property Loan image

HDFC Property Loan

Loan Type

Property Loan

Processing Fee

10% *

Interest Rate Range

8% *

Eligibility

Type of propertyThe property should be in India, be it a residential or commercial property.
Minimum and maximum age25 to 65 years
Employment typeSalaried or Self-employed
Net monthly incomeRs.25,000 minimum monthly income
OthersLegal property documents authorized by the Government of India - Registration Certificate, Property Tax Receipts, Sales Deed, etc.

DOCUMENTS REQUIRED

Proof of IdentityAadhar card ,PAN card, Passport, Driving License, Voter IDs etc.

Proof of Address Aadhar card,driving licence,ration card, etc.

Income Proof Form 16 salary slip bank statement of 6 months

Proof of propertySale deed Registration certificate Property tax receipt

PRECLOSURE + OTHER CHARGES

Nill

property loan or loan against property LAP is a kind of secured loan where the ROSC holder uses his/her property such as the residential or commercial or industrial property as security to obtain the loan demanded. It comes with a high loan value: most often, it provides up to 60-80% of the property’s market price; flexible rem monthly payment duration of 5 to 15 years. It offers competitive property loan rate which is very useful in financing needs such as business enlargement, education, or medical emergency. The process of getting loan approval involves property loan Documents and paperwork: however this means you can employ your asset without having to sell it.