70 Lakh HSBC Bank Home Loan

Are you ready to upgrade to a home with more space, comfort, and amenities? HSBC Bank's ₹70 Lakhs home loan can help you live that dream. With competitive HSBC Bank home loan interest rates for ₹70 Lakh and flexible repayment options, this loan is designed to meet your unique homeownership needs. It can help if you are looking to expand your family, invest in a property, or enjoy a higher quality of life. HSBC Bank home loan is the perfect solution.

₹70 Lakh Home Loan HSBC Bank – Highlights

Here are some key highlights of the ₹70 Lakh Home Loan from HSBC Bank:

₹70 Lakh Home Loan EMI for 5 Years HSBC Bank 

HSBC Bank’s housing loan EMI for ₹70 Lakh is:

₹70 Lakh Home Loan EMI for 10 Years HSBC Bank 

Here are the ₹70 Lakhs home loan EMI for 10 years from the HSBC Bank:

₹70 Lakh Home Loan EMI for 15 Years HSBC Bank

For an amount of ₹70 Lakh, the EMI for 15 years is as follows:

₹70 Lakh Home Loan EMI for 20 Years HSBC Bank

₹70 Lakhs home loan EMI for 20 years from the HSBC Bank are as follows:

₹70 Lakh Home Loan EMI for 25 Years HSBC Bank 

HSBC Bank’s home loan of ₹70 Lakh EMI for 25 years is as follows:

₹70 Lakh HSBC Bank Home Loan – Fees and Charges

Here are the fees and charges for ₹70 Lakh HSBC Bank Home Loan:

• Processing Fee: 1% of the loan amount or ₹10,000, whichever is higher, split into an upfront payment of ₹5,000 and the remaining balance before loan disbursal.
• Pre-payment Charges: There are no charges for floating-rate loans. For fixed-rate loans, there is a fee of ₹5,000 plus 5% of the outstanding principal or the amount prepaid, along with applicable taxes.
• Late Payment Fee: The specific charge for late payments is not disclosed in the provided information.
• Switching Fee: If switching to the Repo Linked Lending Rate (RLLR), a one-time fee of up to ₹2,500 plus applicable taxes is charged.
• Stamp Duty: Payable on security documents as per local stamp duty laws.
• Legal and Valuation Fees: Legal and property valuation charges are generally applicable, though specific amounts are not mentioned.
• Insurance Premium: Mandatory property insurance against risks like fire, earthquakes, and floods, with HSBC as the beneficiary.

₹70 Lakh HSBC Bank Home Loan – Documents Required

Following are the documents required to get a home loan of ₹70 Lakh sanctioned from HSBC Bank:

₹70 Lakh HSBC Bank Home Loan – Eligibility Criteria

To be eligible for a ₹70 Lakhs home loan from HSBC Bank, applicants must meet certain criteria. Salaried individuals need a minimum annual income of ₹5,00,000, while self-employed individuals should have at least ₹7,50,000. Applicants must be between 21 and 65 years old. A stable income and a good credit history are also important. Both salaried and self-employed individuals should have consistent work experience, with at least two years for salaried and three years in business for self-employed individuals.