HDFC Bank Home Loan in Chennai

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

About HDFC Home Loan in Chennai

What can be more satisfying than to live in a house which is owned by you? If you are planning to move out from your rented apartment and buy a home , then you can avail HDFC home loan. Chennai is the capital of Tamil Nadu and is one of the best places to live in. You can now buy a home with the help of a home loan product offered by HDFC. The bank has over 100 branches in the city of Chennai.

Apply HDFC Bank Home Loan @ 8.50%* Rate

HDFC Bank Branches in Chennai

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

How to Apply Online?

Applying for loans has become so much easier through online portals like Wishfin. The experts here make sure that you get the lowest possible rate and instant approval for your loan. You can also calculate your EMI for different tenures and then choose the tenure for which you can pay the monthly installment without any hassle.

HDFC Home Loan Chennai at Glance

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

Eligibility for HDFC Home Loan

The norms of eligibility for the 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 18 to 60 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

Read Home Loan Chennai for more information.