HDFC Ltd Home Loan for Bank Employees

Housing Development Finance Corporation offers attractive home loan schemes to bank employees seeking funding to purchase or invest in a home. With interest rates starting from only 8.75% per annum, the bank employees can avail of a home loan up to 90% of the property’s value. Borrowers can repay their home loan EMIs up to a tenure of 30 years, making the EMIs very flexible and affordable. Applicants can also include an earning co-applicant to become eligible for higher loan amounts and additional features. By reading further, check the eligibility and key highlights of the HDFC home loan for bank employees.

HDFC Home Loan For Bank Employees – Highlights

What makes HDFC home loans for bank employees an ideal choice for a home loan? Check the key highlights below:

HDFC Home Loan For Bank Employees – Fees & Charges

Here are the important fees and charges that are applicable when a bank employee is availing of an HDFC home loan:

• Processing Fees – Up to 1% of the loan amount
• Delayed Payment Charges – Maximum of 18% per annum

HDFC Home Loan For Bank Employees – Documents Required

Ensure to have the following documents with yourself when applying for an HDFC home loan for bank employees:

• Identity Card issued by the government
• Income Documents include the Last three months’ Salary Slips, the Last six months’ Bank Statements, salary credits, the Latest Form-16, and IT returns.
• Property Documents 

HDFC Home Loan For Bank Employees – Eligibility Criteria

Make sure you fit into the eligibility criteria of the HDFC home loan for bank employees:

• Age – Between 18 to 70 years
• Salaried bank employee
• Indian Resident