HDFC Bank Home Loan in Bengaluru

Last Updated : Feb. 27, 2020, 2:48 p.m.

About HDFC Bank Home Loan in Bengaluru

Bengaluru is the capital of Karnataka and the information technology hub of India. The city has attracted so many people because of the employment facilities it offers. Buying a home in a top city like Bengaluru is like a cherry on the cake. HDFC Bank provides a home loan product to both salaried employees and self-employed individuals in the city through HDFC Ltd. The lending institution has a strong presence in Bengaluru with more than 100 branches.

Apply HDFC Bank Home Loan @ 8.50%* Rate

Address of HDFC Branches in Bengaluru

The complete list of HDFC branches in the city has been given below with the address, contact details and IFSC & MICR codes.

HDFC Bank Home Loan Bengaluru at Glance

The important details about a home loan offered by HDFC in the city have been given below.

How to Apply Online for Home Loans at Wishfin?

There is no doubt that online process is much more convenient than the offline process. The reason is that customers can apply for it whenever and wherever they want. They can also calculate the home loan EMIs in advance, compare rates, and then apply for the lender that is offering the best home loan deal. Wishfin is one such platform that helps you get the best rate as per your eligibility and instant approval with hassle-free documentation process.

Eligibility Criteria

The norms of eligibility for a home loan offered by HDFC bank have been given below. An applicant has to ensure that he/she is able to meet the given criteria.

• The bank decides the eligibility of the applicant from certain factors like Income, Educational qualifications, Age, CIBIL score, Income of the spouse, Number of dependents, Stability of employment, Saving history and Business, Liability & Assets.
• The applicant should fall into the age group of 21 to 65 years.
• Salaried employees need to be working with their current company for a period of at least one year.
• In case of businessmen, the business should be stable for a minimum of three years.

Documents Checklist

The list of all the essential documents required to avail a home loan from HDFC bank has been mentioned below. Do check them out.

Salaried employee

• Fully filled application form along with photographs of passport size
• Proof of Identity- Passport/PAN card/Voter ID card/Aadhar card/Driving license
• Proof of Address- PAN card/Passport/Electricity bill/Telephone bill/Rent agreement
• Processing fee cheque
• Bank statement of the past six months
• Proof of Income- Form 16 and latest salary slip
• Other property related documents- Buyer agreement/Allotment letter copy and a receipt of payment made to the developer

Self-employed (businessmen and professionals)

• Fully filled application form along with photographs of passport size
• Proof of Address- PAN card/Passport/Electricity bill/Telephone bill/Rent agreement
• Proof of Identity- Passport/PAN card/Voter ID card/Aadhar card/Driving license
• Processing fee cheque
• Proof of Income- Income Tax returns of the previous three years and Audited Balance Sheet & Profit and Loss account statement of the past three financial years
• Proof of Business
• Educational qualification certificates (For professionals)
• Business profile
• Other property related documents- Buyer agreement/Allotment letter copy and a receipt of payment made to the developer
• Bank statement of the past six months

Agriculturists

• Fully filled application form along with photographs of passport size
• Proof of Identity- Passport/PAN card/Voter ID card/Aadhar card/Driving license
• Proof of Address- PAN card/Passport/Electricity bill/Telephone bill/Rent agreement
• Processing fee cheque
• Copies of the Title documents of the agricultural land which can depict land holding
• Statement of the loans availed in the past two years
• Other property related documents-
• Bank statement of the past six months
• Copies of the Title documents of the agricultural land which can show that crops are being cultivated

For more information, please refer to Home Loan Bengaluru .