85 Lakh HDFC Home Loan

HDFC Bank’s 85 Lakh home loan caters to all your housing needs. Before borrowing a home loan of such a high value, it is wise to check its monthly EMIs. EMI estimates help borrowers understand if they can afford the loan and make smarter borrowing decisions accordingly. Today, we discuss HDFC Bank’s 85 lakh home loan schedule for up to 10 and 20 years.

HDFC Bank home loan 85 Lakh EMIs are heavily influenced by loan tenure. As the loan tenure increases, the monthly repayment towards the loan decreases. Stay tuned and find out how changing the loan tenure, from 10 to 20 years, impacts the monthly EMIs.

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. 85 Lakh Home Loan HDFC Bank Highlights

2. 85 Lakh Home Loan EMI for 10 years at HDFC Bank

3. 85 Lakh Home Loan EMI for 20 years at HDFC Bank

4. 85 Lakh HDFC Bank Home Loan Fees and Charges

5. 85 Lakh HDFC Bank Home Loan Documents Required

6. 85 Lakh HDFC Bank Home Loan Eligibility Criteria

Written By

Kirti Bansal

Kirti Bansal is an esteemed financial expert and accomplished writer, specializing in a range of financial topics, including Financial Services, Investments, Loan Assessments, Mutual Funds, and Banking. With a wealth of experience in the financial industry, she has earned a reputation as a trusted voice! Her expertise serves as a beacon for those navigating the intricacies of finance.

Reviewed By

Amit Prakash Singh

Co-Founder, Square Yards & Chief Business Officer, Urban Money

Amit Prakash Singh is the Chief Business Officer at Urban Money. With over nine years of experience at Square Capital, he has played a crucial role in establishing it as one of India's premier loan advisory services. Amit's deep financial insights and extensive knowledge have driven significant business growth and strategic advancements. He has successfully built and managed large sales teams, optimised costs, and created leaders within the industry. Amit's financial expertise and strategic vision are key to the ongoing success and expansion of Square Yards and Urban Money.

85 Lakh Home Loan HDFC Bank – Highlights

The HDFC Bank 85 Lakh home loan is available on the following terms:

Loan Amount	85,00,000
Interest Rate (p.a.)	8.75% – 9.40%
Maximum Loan Tenure	30 Years
Maximum Loan-to-Value Ratio (LTV)	75% of the property’s value

85 Lakh Home Loan EMI for 10 years at HDFC Bank

Calculated at the starting HDFC Bank home loan interest rate for 85 Lakhs of 8.75% p.a., here is the EMI amount applicable on a tenure of 10 years.

Loan Amount	85 Lakh
Rate of Interest (p.a.)	8.75 %
Loan Tenure	10 Years
EMI	₹96,516

85 Lakh Home Loan EMI for 20 years at HDFC Bank

The EMI payment on the loan for a time period of 20 years is highlighted below.

Loan Amount	85 Lakh
Rate of Interest (p.a.)	8.75 %
Loan Tenure	20 Years
EMI	₹75,115

85 Lakh HDFC Bank Home Loan – Fees and Charges

The Bank highlights the following additional charges, payable apart from the HDFC Bank home loan interest rate for 85 Lakhs.

A processing fee of up to 2.00% of the loan amount plus GST
A Goods and Services Tax (GST) of 18%
Other charges like incidental costs, document verification charges and stamp duty charges

85 Lakh HDFC Bank Home Loan – Documents Required

A borrower should carry the following documents while submitting an HDFC Bank 85 Lakh home loan application:

Mandatory Documents: Loan Application/ PAN Card
KYC Documents: ID Proof (Aadhar Card/ Voter’s ID) and Residence proof (Utility Bills/ Aadhar Card)
Income Proof: Last 3 months’ salary receipts, Last 2 years’ Balance Sheet and P&L account, Last 2 years’ income tax returns, etc.
Property Papers: Registered sales deed, allotment letter, and other documents showcasing ownership

85 Lakh HDFC Bank Home Loan – Eligibility Criteria

Here is the 85 Lakh home loan eligibility for HDFC Bank customers:

Eligible Applicants: Salaried Individuals/Self-Employed/ Agriculturists
Residents: Indian residents/ NRIs
Age Limit: 18-70 years
Minimum Income: As per bank’s T&Cs