Best Interest Rate for HDFC Bank Loan Against Property

HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It has about 76,286 employees including 12,680 women[6] and has a presence in Bahrain, Hong Kong and Dubai.[7] HDFC Bank is the second largest private bank in India as measured by assets.[8] It is the largest bank in India by market capitalization as of February 2016.[9] It was ranked 58th among India’s most trusted brands according to Brand Trust Report, 2015.[10]

HDFC BANK LOAN AGAINST PROPERTY


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BRANCH IN GHAZIABAD
Branch Address
VAISHALI VC-1, SECTOR-1, ADJ TO INCOME TAX OFF VAISHALI, GHAZIABAD, UTTAR PRADESH - 201012
SHALIMAR GARDEN H-1, BLOCK B, GIRDHAR COMPLEX, SHALIMAR GARDEN, SAHIBABAD, GHAZIABAD, UTTAR PRADESH - 201005
NAVYUG MARKET, GHAZIABAD 1ST FLOORNAVYUG MARKENAVYUG MARKET
SHASTRI NAGAR - GHAZIABAD HDFC BANK LTD, SH-290, SHASTRI NAGAR
CHANDER NAGAR HDFC BANK LTD, SHOP NO 1-6, DEVIKA TOWERS COMMERCIAL COMPLEX, CHANDER NAGAR, GHAZIABAD, UTTAR PRADESH - 201010
HDFC Bank Loan Against Property Details
HDFC Bank
Loan Amount Offered Max. - Rs 7500000
Loan Tenure Min. - 5 Yrs. Max. - 20 Yrs.
Time To Process Application 7 days
Processing Fees 0.5 %
Fixed To Float Charges 1.75 %
Float To Fixed Charges 1.75 %
Pre Payment Charges 2 %
Everything You Need To Know About

HDFC Bank Loan Against Property

Overview

Online Lowest Loan Against Property interest rates for HDFC Bank loans on Loanadda. India top bank loans providers. Apply Online Loan Against Property is a secured loan in which property is used as a collateral to raise funds from a lending institution. The property being mortgaged can be residential property, commercial property, land, industrial property etc. The loan amount is ascertained by individual banks and is based on the market value of the property. The maximum amount is subject to LTV, which varies from 50-70 % of the market value of the property. For example, if your residential property (self occupied) is worth 100 lakhs in the market, you can avail a loan against property in the range of 60-70 lakhs depending on the lending institution and if you have commensurate income to pay the EMIs.

Benefits & Uses

    Can be used for :-

  • Child Education.
  • Business Expansion.
  • Buying other property.
  • Debt Consolidation
Documents Required For Loan Against Property

Most banks follow the same general rules in terms of document requirement. There may be a few changes in certain cases, in which case, our loan officers will guide you personally to complete the documentation process. Salaried individuals.

1. Form 16 of last 2 years or Income Tax Returns.

2. Salary slips of last 3 months.

3. Last 6 months bank statement reflecting salary credits.

4. ID/ Age Proof - PAN Card/ Passport/ Signature Proof/ Aadhar Card and Residence Proof – Passport/      Utility bills/ Bank Statements.

5. Cheque of Processing Fee.

1. Proof of Business - Shop and Establishment Certificate/ Vat Registration Certificate/ Service Tax      Certificate.

2. Last 3 years IT tax returns with profit and loss account and balance sheet duly audited by CA.

3. Existing Loans’ Sanction letters accompanied with repayment track.

4. Business profile on the letterhead of the company.

5. ID/ Age Proof - PAN Card/ Passport/ Signature Proof/ Aadhar Card and Residence Proof – Passport/      Utility bills/ Bank Statements.

6. Cheque of Processing Fee.

1. Age proof of all the partners in the form of PAN Card, Passport or Aadar Card.

2. PAN Card of the company.

3. Residence proof of all the partners – Utility Bills/ Passport/Bank statement/ Registered rent      agreement.

4. Proof of Business - Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax      Certificate.

5. Latest 3 years Income Tax returns with profit and loss and balance sheet duly audited by CA.

6. Latest 12 months bank statement of the Company and of the Partners’ Savings Bank Account.

7. Existing Loans' Sanction letters accompanied with repayment track.

8. Business profile on the letterhead of the company.

9. ID/ Age Proof - PAN Card/ Passport/ Signature Proof/ Aadhar Card and Residence Proof – Passport/      Utility bills/ Bank Statements.

10. Cheque of Processing Fee.

1. Application form duly filled with photographs of directors.

2. Age Proof of Directors - PAN Card, Aadhar Card, passport.

3. Residence Proof of Directors - Utility Bills/ Passport/Bank statement/ Registered rent agreement.

4. PAN Card of Company.

5. Education Qualification - A professional qualification certificate in case of Doctors/CA/Architects.

6. Proof of Business - Shop and Establishment Certificate/Vat Registration Certificate/ Service Tax      Certificate.

7. MOA, AOA, List Of Directors, Share Holding Pattern of the Company.

8. Last 3 years IT returns with Profit and Loss account and balance sheet duly audited by CA.

9. Latest 12 months bank statement of Company of all current accounts and the same for Director’s      Savings Bank Account.

10. Existing Loans’ sanction letter with repayment track of company and Individual Directors.

11. Business Profile on the Letter Head of the Company.

12. ID/ Age Proof - PAN Card/ Passport/ Signature Proof/ Aadhar Card and Residence Proof –         Passport/ Utility bills/ Bank Statements.

13. Cheque of Processing Fee.

1. Occupancy Certificate.

2. Approved Plan of building.

3. Share certificate copy.

4. Past 13 years Chain of deeds.

5. Nil Encumbrance Certificate - EC (if applicable).

6. Current Sale agreement/ Draft Agreement to sell.

Eligibility Criteria
Documents required for Guarantor:

Your HDFC Bank Loan Against Property eligibility is determined by the following factors:-

Income/ Other Income

Age

Qualification

Property value

No of dependents

Bank Balance

Assets/Liabilities