HDFC Reach Home Loan

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Home Loan at Lowest Interest Rates

Compare 40+ Banks & get the best housing loans at lowest interest rates. Housing finance schemes available at Paisabazaar are best-in-class. Get the best home loan deals with low processing fee and hassle-free process.

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*Offers are from Paisabazaar's partner Banks & NBFCs.

HDFC offers reach home loan at retail prime lending rate(RPLR). These are specially designed home loans applicable for new or existing home buying.

HDFC Reach Loans Features & Benefits

  • The loan scheme is customized for customers to buy a new or an existing home
  • The loan scheme can be used for the following purposes:
    • To construct a home on a free hold or lease hold plot or on a plot allotted by a Development Authority
    • To buy / construct / extend or improve a non-residential premise
    • To buy a plot
    • To remodel or renovate a house
    • For home improvement and renovation
    • To extend or add space to the house
  • The Balance Transfer Facility is available under the loan scheme
  • Customers can also avail Top-Up loan facility under the loan scheme for various personal or professional needs.
HDFC Reach Home Loan - Loan Amount, Repayment Tenure, Processing Fee
HDFC Reach Loans Interest Rates (Trufixed - 3 Years)
HDFC Reach Home Loan Documents Required

HDFC Reach Home Loan - Loan Amount, Repayment Tenure, Processing Fee

Loan Amount· Upto Rs. 5 crores
· Upto 70% of the value of the property (depends on property type and other checks)
· Avail up to 90% of the total LAP as an overdraft
Repayment TenureUp to 15 years
Income· Salaried individuals with a minimum income of Rs.10,000 p.m
· Self-employed individuals with a minimum income of Rs. 2 lakh p.a.

Note: The maximum funding sanctioned by the lender is subject to the repayment capacity of the applicant and other factors as assessed by the lender.

HDFC Reach Home Loan Processing Fees

  • For Salaried: Upto 2% of the loan amount.
  • For Self-Employed:Up to 2% of the loan amount.

HDFC Reach Loans Interest Rates (Trufixed - 3 Years)

Retail Prime Lending Rate: 16.65%

HDFC Reach Home Loan Interest Rate
ParticularsLoan SlabInterest Rates
Reach Home Loans/Home Extension Loans/Home Improvement Loans/Top Up LoansAny loan amount9.25% to 14.75%
For Residential Plot Loans and Top up Loans10.45% to 15.25%
For Non-Residential Plot Loans and LAP10.95% to 15.75%

Note: The rates above are subject to change without notice.

HDFC Reach Home Loan Documents Required

PurposeSalaried EmployeesSelf Employed
Identity & Residence Proofs (Only one required)· Valid Passport
· Voters ID Card
· Aadhaar Card
· Valid Driving License		· Valid Passport
· Voters ID Card
· Valid Driving License
· Aadhaar Card
Income proofs/ certificates· PAN Card
· Most recent salary slips (of the last three months)
· Bank Statements from the previous six months
· Updated passbook (with salary credits)
· Your most recent Form 16		· PAN, TAN Card
· Income Tax Returns as well as compilation of income for the previous three Assessment Years
· Balance Sheet of the previous three years
· Profit & Loss A/c Statements, with Annexures / Schedules
· (Points 2 & 3 must be of both the personal and the business unit and verified by a Chartered Accountant)
· Current A/c Statements for the last 6 months of the business unit and info about your own Savings Account Statements
Other papers and documents· Employment Contract/Appointment Letter in case current employment is less than 1 year old
· Last 6 months’ Bank Statements showing repayment of any ongoing loans
· Passport size photograph of all the applicants/ co-applicants to be affixed on the Application Form and signed across
· Cheque for processing fee favouring ‘HDFC Ltd.’		· PAN Card
· Business profile
· Latest Form 26
· Memorandum and Articles of Association of the Company
· List of Directors and stakeholders certified by a Chartered Accountant or CS if the business unit is an organization.
· Partnership deed if your registered company is a partnership firm.
· Details of ongoing loans including the outstanding amount, instalments, security, purpose, balance loan term, etc.
· Passport size photograph of applicant / co-applicant to be attached on the Loan Application Form, which has to be signed across.
· Cheque towards processing charges favoring ‘HDFC Ltd.’

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