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Hero FinCorp Home Loan for Salaried Person
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Hero FinCorp Home Loan for Salaried Person is designed to offer ease and accessibility for purchasing residential or commercial properties, building a new home, or improving an existing one. With Hero FinCorp home loan eligibility for salaried person requirements, borrowers can access up to 50% more than typical loan amounts and potentially reduce monthly payments by up to 20%. The loans feature a long repayment period of up to 30 years, making instalments more affordable. To qualify, Hero FinCorp home loan criteria for salaried persons stipulate that applicants must be under 70 years old at the end of the loan term.
The application process is streamlined, requiring basic documentation such as proof of income, identity, and relevant property details. The Hero FinCorp home loan documents for salaried persons are straightforward, and the company's digital and customer-centric approach ensures quick processing. This Hero FinCorp housing loan eligibility for salaried persons caters to various profiles, helping more employees achieve their dream of homeownership.
- Personalized Home Loan solutions
- Expert guidance
- Application assistance
- Credit score discussion
- Home Loan Interest rate comparison
Table of Content
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Hero FinCorp Home Loan for Salaried Person – Highlights
The key highlights of Hero FinCorp Home Loan for salaried persons are given in the table below:
Interest rate | 9.50% p.a. onwards |
Loan Amount | Up to 5 crores |
Loan Tenure | Up to 30 years |
Eligibility | Salaried individuals between 21 to 70 years of age |
Hero FinCorp Home Loan for Salaried Person – Fees & Charges
The costs and fees related to the Hero FinCorp home loan for salaried individuals are given below:
Fee/Charge | Amount |
Processing fee | Up to 3.5% of loan amount + applicable taxes |
Foreclosure charges | 5% of the loan amount + GST |
Hero FinCorp Home Loan for Salaried Person – Documents Required
Here are the necessary documents for salaried persons seeking a Hero FinCorp Home Loan:
- Verification of identity, age, and residence
- Proofs of income (for salaried applicants only).
- Information on existing loans
- Documents related to the property (if the property has been identified)
Hero FinCorp Home Loan for Salaried Person – Eligibility Criteria
The Hero FinCorp housing loan eligibility for salaried persons are as follows:
Age limit criteria at loan maturity:
- Salaried: Up to 70 years of age or until retirement, whichever comes first.
- Self-Employed: Up to 75 years of age.
Minimum age requirements:
- Applicants must be at least 21 years old to generate income.
- General minimum age: 18 years old.
Maximum loan details:
- Amount: Up to 5 Crores.
- Tenure: Up to 30 years.
Frequently Asked Questions (FAQs)
What is the repayment term for a Hero FinCorp home loan for a salaried person?
The maximum repayment term for Hero FinCorp home loans for salaried persons is 30 years.
What is the minimum age for a Hero FinCorp home loan for a salaried person?
A salaried person must be at least 21 years old to apply for a Hero FinCorp home loan.
What is a salaried person's minimum and maximum Hero FinCorp home loan amount?
A salaried person can avail of a maximum Rs 5 crores home loan from Hero FinCorp.
Quick Links
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Bank Wise Home Loan Interest Rate
- Reliance Capital Home Loan Interest Rate
- DCB Bank Home Loan Interest Rate
- ICICI Bank Home Loan Interest Rate
- YES Bank Home Loan Interest Rate
- RBL Bank Home Loan Interest Rate
- Federal Bank Home Loan Interest Rate
- IDFC FIRST Bank Home Loan Interest Rate
- HDFC Bank Home Loan Interest Rate
- Axis Bank Home Loan Interest Rate
- Kotak Bank Home Loan Interest Rate
- Deutsche Bank Home Loan Interest Rate
- karur Vysya Bank Home Loan Interest Rate
- Housing Development Finance Corporation Home Loan Interest Rate
- IndusInd Bank Home Loan Interest Rate
- karnataka bank Home Loan Interest Rate
- LIC Housing Finance Home Loan Interest Rate
- HSBC Home Loan Interest Rate
- IDBI Bank Home Loan Interest Rate
- CITI Bank Home Loan Interest Rate
- HDFC Sales Home Loan Interest Rate
- Punjab National Bank Home Loan Interest Rate
- Canara Bank Home Loan Interest Rate
- State Bank of India Home Loan Interest Rate
- Bank of India Home Loan Interest Rate
- Union Bank of India Home Loan Interest Rate
- Punjab & Sind Bank Home Loan Interest Rate
- Bank of Baroda Home Loan Interest Rate
- Indian bank Home Loan Interest Rate
- Bank of Maharashtra Home Loan Interest Rate
- Clix Capital Home Loan Interest Rate
- Hero Housing Finance Home Loan Interest Rate
- Hero FinCorp Home Loan Interest Rate
- Vastu Housing Finance Home Loan Interest Rate
- Aadhar housing Finance Home Loan Interest Rate
- DHFL Home Loan Interest Rate
- Muthoot Finance Ltd Home Loan Interest Rate
- Edelweiss Financial Services Home Loan Interest Rate
- Piramal Housing Finance Home Loan Interest Rate
- Fullerton India Home Loan Interest Rate
- Capri Global Home Loan Interest Rate
- Capital First Ltd. Home Loan Interest Rate
- Poonawalla Fincorp Limited Home Loan Interest Rate
- Cholamandalam Finance Home Loan Interest Rate
- IndiaBulls Home Loan Interest Rate
- Ujjivan Small Finance Bank Home Loan Interest Rate
- Tata Capital Housing Finance Limited Home Loan Interest Rate
- L&T Finance Home Loan Interest Rate
- Aditya Birla Finance Limited Home Loan Interest Rate
- Godrej Housing Finance Home Loan Interest Rate
- Punjab National Bank Housing Finance Home Loan Interest Rate
- IIFL Finance Home Loan Interest Rate
- Bajaj Finserv Home Loan Interest Rate
- Home First Finance Company Home Loan Interest Rate