Buy your dream home with an HFFC Home Loan available at low interest rates starting from 9.50% p.a.
Get a Home Loan from Home First Finance Company (HFFC) on Bajaj Markets and fund up to 90% of your property purchase. Borrow ₹15 Lakhs to ₹50 Lakhs at low interest rates, starting from 9.50% p.a. What’s more! You can receive the sanctioned amount within 48 hours, once your application is approved and verified.
Provided below are the interest rates and other charges associated with this home loan:
Interest Rate (Floating Rate) |
9.50% p.a. onwards |
Processing Charges |
₹9,990 - ₹24,990 in addition to the applicable GST |
Foreclosure Charges |
Nil |
*Disclaimer: The mentioned rates are subject to change at the lender’s discretion.
Here are some additional charges to be mindful of when applying for the loan:
Penalty Interest Rate (charged on late EMI payments) |
Up to 2% per month |
EMI Bounce Charges |
₹500 + 18% GST |
Project Appraisal Charges |
Up to ₹10,000 + GST |
*Disclaimer: The mentioned rates are subject to change at the lender’s discretion.
You can get a home loan of up to ₹50 Lakhs to buy your dream home
Get a home loan at nominal interest rates, starting from as low as 9.50% p.a.
With this facility, you can pay an extra amount towards your principal outstanding every month and save on interest
You can borrow amounts of up to 90% of the property value
Use the loan amount to build a home, construct another floor, or renovate it
Here are some important eligibility criteria you will be required to fulfil to qualify for an HFFC Home Loan:
Eligibility Criteria |
Details |
Nationality |
Indian, Non-Indian Resident of India (NRI), or a Person of Indian Origin (PIO) |
Employment Type |
Salaried or self-employed |
Minimum Income |
|
CIBIL score |
750 or more |
Do note that other factors like your credit history and existing financial obligations will also be considered when assessing your loan eligibility.
You will be required to submit certain documents when applying for the loan. Here is a list of documents required for this home loan:
Identity Proof: Any one of the following
PAN card
Aadhaar card
Passport
Driving licence
Any other government-issued credentials bearing your name and photograph
Residence Proof: Any one of the following
Passport
Ration card
Aadhaar card
Latest utility bills
Rental agreement
Income Proof:
For salaried professionals: Salary slips of the last three months, latest Form 16, and income tax returns
For self-employed individuals: Profit and loss statements, income tax returns, and balance sheets of the last 3 years
Other financial documents, such as bank statements of the last six months
Passport-size photographs
Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.
Yes, it is necessary to get a guarantor if you are a senior citizen. In any other cases, it is not mandatory to have a guarantor.
For a salaried employee, the required minimum monthly salary to be eligible for an HFFC Home Loan is about ₹10,000. Meanwhile, for a self-employed applicant, the minimum PAT must be around ₹15,000.
Yes. Sections 24 (B) and 80 (C) of the Indian Income Tax Act of 1961 allow Indian residents to get tax benefits on the principal amount and interest payments for a home loan.
Both, new and current customers of HFFC can apply for their home loans, extension loans, and renovation loans.
Yes. You must have an Indian residential address to qualify for an HFFC Home Loan.