Buying a house is a landmark moment in your life. People toil hard for years to save every penny to realise this goal. But financial hurdles can keep you from achieving this landmark. Fret not, HDFC Bank offers you Rs 75 Lakh Home Loan to buy a property or a plot of land in a city of your choice.
HDFC Bank Home Loan takes care of 75-90% of the property cost. You have to pay 10-25% of the total property cost as your contribution.
How to apply for Rs 75 Lakh Home Loan?
Follow these simple steps to apply for this loan:
Step 1: Visit the official HDFC Bank website.
Step 2: Navigate to the loan application tab.
Step 3: Key in your verification details such as Aadhaar card, proof of income, and so on.
Step 4: Upload the required documents.
Step 5: Pay the processing fees.
The bank will then verify your information and check your credit score. If this information is satisfactory, your loan application will be approved, and the disbursal process will begin shortly.
You can request a call back from our representatives via our official website. HDFC Bank also offers legal and technical counselling services to help you make a wise home-buying decision.
What is the EMI for Rs 75 Lakh Home Loan?
The Equated Monthly Instalment (EMI) for your loan will depend on three factors:
Loan Amount
Loan Tenure
Interest Rate (% P.A)
You can use the HDFC Bank EMI Calculator to get a better picture of your Home Loan with our bank. This will help you plan your cashflows for servicing your home loan and make an informed decision. Follow these simple steps to get an estimate of your EMI:
Step 1: Enter the desired loan amount.
Step 2: Select the desired loan term you wish to avail the Home Loan for. A long tenure helps in enhancing the eligibility.
Step 3: Enter the prevailing interest rate.
A tentative EMI will be displayed on the screen. You can either apply for the loan immediately or send us a request to contact you. To know the best amount that suits your pocket, you can try different interest rates and tenure variations. For example, you can check the EMI for Rs 40 Lakh Home Loan for 10 years, 20 years and so on. The maximum repayment tenure for Home Loan is 30 years.
Do women borrowers get any concession for this Home Loan?
HDFC Bank offers 7.20 to 7.70% p.a.* interest rates for women on a loan slab of Rs 75 Lakhs. The only criterion being women need to be either the primary owner or co-owner of the property. So, they can either be applicants or co-applicant of the loan to avail of the concession on the interest rates.
Is there any hidden charge?
With our bank, you do not have to worry about any hidden charges while taking Rs sthe 75 Lakh Home Loan from HDFC Bank. We believe in transparent dealing and mention all charges upfront while giving you the loan quote.
If you still have queries and concerns, you can get free expert advice at HDFC Bank for your Home Loan application. We have a team of experienced and empowered personnel to ensure smooth and easy processing of your Home Loan. We also offer counselling and advisory services for acquiring property to help you make an informed decision.
So, why wait when you can act now? Click here to apply for Rs 75 Lakh Home Loan with HDFC Bank today and take your first step towards your new house.
Looking to apply for a Rs. 50 Lakh Home Loan, click here to read more about it! Looking to apply for a Home Loan of 1 Crore? Click here to read more on how to get it!
*Terms and conditions apply. Home Loan at the sole discretion of HDFC Bank Limited. Loan disbursal is subject to documentation and verification as per Banks requirement. The Home Loan interest rates/ EMI are applicable for loans under the Adjustable Rate Home Loan Scheme of Housing Development Finance Corporation Limited (HDFC) and are subject to change at the time of disbursement. The Home Loan interest rates above are linked to HDFC's Bench Mark Rate ("RPLR") and are variable throughout the tenure of the loan. All loans are at the sole discretion of HDFC Ltd. For further details regarding the loan slabs and interest rates above.