Hero FinCorp Home Loan for Government Employees

Hero FinCorp offers specialised home loans for government employees, providing competitive interest rates, flexible repayment options, and high loan amounts. Hero FinCorp home loan for government employees is designed to help government employees realise their dream of owning a home with minimal hassle. With simplified eligibility criteria, attractive interest rates, and extended loan tenures, Hero FinCorp aims to make home financing accessible and convenient for government employees nationwide.

Hero FinCorp  Home Loan for Government Employees – Highlights 

Key highlights of the Hero FinCorp home loan for government employees are given below:

Hero FinCorp  Home Loan for Government Employees – Fees and Charges

Hero FinCorp offers competitive fees and charges for home loan products dedicated to government employees. Below is a breakdown of the Hero FinCorp home loans for government employees processing fee and charges associated with it:

Hero FinCorp  Home Loan for Government Employees – Documents Required

To ensure a smooth and efficient loan application process, Hero FinCorp requires a set of essential documents from government employees applying for a home loan.

Proof of Identity, Age, and Residence:

• Aadhar Card
• Valid Passport
• PAN Card
• Driving License
• Voter ID Card

Income Documents (Only for Salaried Applicants):

• Last 2 months’ salary slips (6 months if variable)
• Latest year Form 16
• Bank statements for the last 3 months reflecting salary credits
• Appointment letter with salary breakup if current employment is less than 1 year old
• Details of current loans
• Bank statement reflecting the last 6 months’ EMI payment or SOA of running loans

Property Related Documents (If the property has been identified):

• Previous chain of ownership for at least the last 13 years

Hero FinCorp  Home Loan for Government Employees – Eligibility Criteria

Hero FinCorp has set clear eligibility criteria to ensure government employees can easily qualify for home loan products. The criteria include age and loan amount considerations, as outlined below:

• Minimum Age: 21 years for income applicants
• Maximum Age: Up to 70 years
• Loan Amount: Up to INR 3 crore

Hero FinCorp Home Loan Schemes for Government Employees

Hero FinCorp offers comprehensive Hero FinCorp home loans for government employees, ensuring they can access affordable and flexible financing options. Here are the key schemes available:

Standard Home Loan Scheme

Home Renovation Loan Scheme

Plot and Construction Loan Scheme