45 Lakh HDFC Bank Home Loan

Owning a home is a dream for many in today's fast-paced world. HDFC's Home Loan for 45 Lakh aims to make this dream a reality by providing a path to comfortable homeownership. This loan package is designed for a diverse range of borrowers, including first-time buyers and those looking to upgrade. It offers an attractive interest rate, and EMI plan, making it an ideal option for anyone requiring a significant loan amount without excessive costs. With flexible repayment choices and a simple application process, HDFC ensures a seamless journey from application to approval. Whether your heart is set on a modern city apartment or a cosy suburban house, the HDFC 45 Lakh Home Loan is here to help you build a secure and beautiful future in the home of your dreams. Urban Money helps you to discover the specific reasons why this loan is a wise choice for aspiring homeowners.

Get in Touch for Home Loan Expert Advice

Connect with our Home Loan Advisor Now!

Personalized Home Loan solutions
Expert guidance
Application assistance
Credit score discussion
Home Loan Interest rate comparison

Full Name

+91Mobile No.

Choose City

I agree to the Terms and Conditions of TUCIBIL and hereby provide explicit consent to share my Credit Information with Urban Money Private Limited.

Table of Content

1. 45 Lakh Home Loan From HDFC Bank Highlights

2. 45 Lakh HDFC Bank Home Loan EMI for 10 years

3. 45 Lakh HDFC Bank Home LoanEMI for 20 years

4. 45 Lakh HDFC Bank Home Loan Fees and Charges

5. Documents Required for 45 Lakh Home Loan from HDFC Bank

6. Eligibility Criteria for 45 Lakh HDFC Bank Home Loan

Written By

Amrita Sinha

Amrita Sinha comes with a background in journalism and mass communication, drawing from her roots in journalism, she has found her voice in the world of finance. As an accomplished writer, she specialises in Financial Services, Mutual Funds, Loan Assessments, Banking & Loan Products. She has established herself as a reliable expert in the field, offering valuable advice to those looking to navigate the various aspects of personal finance.

Reviewed By

Piyush Bothra

Chief Financial Officer, Square Yards

Piyush Bothra is the Chief Financial Officer at Square Yards, bringing over two decades of rich experience in finance and leadership. He is an MBA graduate from the prestigious IIM Lucknow and holds a BE in Information Technology from Sardar Vallabhbhai Patel Institute of Technology. He has played pivotal roles in scaling businesses and driving financial strategies. At Square Yards since 2015, Piyush is known for his strategic vision, strong financial knowledge, and valuable financial insights, significantly contributing to the company's growth and success.

45 Lakh Home Loan From HDFC Bank – Highlights

You can get 45 Lakh HDFC bank home loan under the following conditions:

Loan Amount	45,00,000
Interest Rate (p.a.)	Starting from 8.50*% p.a
Loan Tenure	Up to 30 Years
Loan-to-Value Ratio (LTV)	Up to 80-90% of the property’s value

45 Lakh HDFC Bank Home Loan EMI for 10 years

To calculate the EMI for a home loan of 45 lakh taken for 10 years, you can use the starting annual interest rate of 8.50%.

Loan Amount	45 Lakh
Rate of Interest (p.a.)	8.50 %
Loan Tenure	10 Years
EMI	₹55,794

45 Lakh HDFC Bank Home Loan EMI for 20 years

To calculate the EMI for a home loan of 45 lakh taken for 20 years, you can use the starting annual interest rate of 8.50%.

Loan Amount	45 Lakh
Rate of Interest (p.a.)	8.50 %
Loan Tenure	20 Years
EMI	₹39,052

45 Lakh HDFC Bank Home Loan – Fees and Charges

In addition to the interest rate on a 40 Lakh HDFC Bank home loan, there are several expenses to consider. These costs include a processing fee of up to 0.50% of the loan amount, plus applicable taxes. There are also additional charges for stamp duty, MOD, MOE, registration fees, and other fees imposed by organisations like CERSAI, as well as third-party charges from mortgage guarantee companies. Additionally, GST will also be applied.

Documents Required for 45 Lakh Home Loan from HDFC Bank

To get your HDFC bank home loan approved for 45 Lakh, make sure you provide the necessary documents alongside the filled and signed application form.

KYC Documents
Proof of Date of Birth (Passport/ Permanent Account Number Card/ Birth Certificate/ Driver’s License)
Proof of identification (such as a passport, PAN card, or banker’s verification) that includes a signature.
Please provide documentation that verifies your income. This can include your most recent pay slip, your most recent bank statement, or proof of employment for the past year.
Documents about your property will be required.
Additional paperwork for a home loan

Eligibility Criteria for 45 Lakh HDFC Bank Home Loan

For a ₹45 Lakh HDFC Bank Home Loan, the eligibility criteria include:

Age Range: 21-65 years.
Nationality: Indian Resident.
Minimum Income: For salaried individuals, ₹10,000 per month; for self-employed individuals, ₹200,000 per annum.

Loans

Bank Wise Home Loan Eligibility Calculator

Frequently Asked Questions (FAQs)

What is the EMI for a 45 Lakh Home Loan for 20 years in HDFC?

For a 20-year tenure on a ₹45 Lakh home loan from HDFC Bank, the estimated EMI is around ₹39,052.

Who is eligible for a 45 Lakh Home loan in HDFC?

HDFC Bank provides home loans of up to 45 lakh to those who work for a salary, self-employed experts, and businessmen. Suitability is determined by various factors like age, steady income, credit rating, and current financial obligations. The bank’s requirements apply to both Indian residents and NRIs who fulfil the necessary conditions.

What is the monthly interest rate of a 45 lakh home loan in HDFC?

The monthly interest rate for a home loan with an annual interest rate of 8.50% in HDFC Bank would be approximately 0.7083%.