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I hereby unconditionally consent to and instruct the above bureaus to provide my credit information to me and Paisabazaar on a month to month basis. I understand that I shall have the option to opt out/unsubscribe from the service.

Name :
Date :27/02/2020

CC:
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Paisabazaar Marketing and Consulting Private Limited

CIBIL TERMS AND
CONDITIONS

To,
TransUnion CIBIL Limited
[Formerly known as Credit Information Bureau (India) Limited]
One Indiabulls building ,Unit No 1901 – 1905,
19th Floor, Tower 2A-2B, Jupiter Mill compound,
Senapati Bapat Marg, Lower Parel, Mumbai 400 013

Sub: Grant of Consent

Dear Sirs,

In connection with submission of the application for my credit information offered by CIBIL (“Consumer Credit Information”) through Paisabazaar (referred to as the “Company”) and delivery of the Consumer Credit Information to the Company, I hereby acknowledge and agree to the following:

A. The Company is my lawfully appointed agent and he / it has agreed to be my agent for the purposes, including, without limitation, to receive the Consumer Credit Information from TUCL on my behalf and use it in the manner consistent with the Agreement entered into between the Company and TUCL, and the Company has granted its consent for being appointed for the aforesaid purpose.

B. I grant my unconditional consent to the Company to receive the Consumer Credit Information from TUCL on my behalf and use it in the manner consistent with the Agreement entered into between the Company and TUCL, as the case may be, and the Company has granted its consent for being appointed for the aforesaid purpose. I hereby represent and acknowledge that: the Terms of Understanding in relation to the use of the Consumer Credit Information has been agreed between me and the Company.

C. I hereby expressly grant unconditional consent to, and direct, TUCL to deliver and / or transfer my Consumer Credit Information to the Company on my behalf.

D. I shall not hold TUCL responsible or liable for any loss, claim, liability, or damage of any kind resulting from, arising out of, or in any way related to: (a) delivery of my Consumer Credit Information to the Company ; (b) any use, modification or disclosure by the Company of the contents, in whole or in part, of my Consumer Credit Information , whether authorized or not; (c) any breach of confidentiality or privacy in relation to delivery of my Consumer Credit Information to the Company ; (d) for any use made by the Company which is contrary to the Agreement entered into between the Company and TUCL

E. I acknowledge and accept that: (a) TUCL has not made any promises or representations to me in order to induce me to provide my Consumer Credit Information or seek any consent or authorization in this regard; and (b) the implementation of the Agreement between TUCL and the Company is solely the responsibility of the Company.

F. I agree that I may be required to record my consent / provide instructions electronically and in all such cases I understand that by clicking on the "I Accept" button below, I am providing "written instructions" to Paisabazaar authorizing Paisabazaar to obtain my Consumer Credit Information from my personal credit profile from TransUnion CIBIL LIMITED, [formerly known as Credit Information Bureau (India) Limited]]. I further authorize Paisabazaar to obtain such information solely to confirm my identity and display my Consumer Credit Information to me. Further in all such cases “By checking this box and clicking on the ‘Authorize button, I agree to the terms and conditions, acknowledge receipt of TUCL privacy policy and agree to its terms, and confirm my authorization for Paisabazaar to obtain my Consumer Credit Information.

G. I understand that in order to deliver the product to me, I hereby authorize Paisabazaar, to obtain my Consumer Credit Information from TUCL.

H. By submitting this registration form, I understand that I am providing an express adhoc one-time written instructions for Paisabazaar to request and receive information about me from third parties, including but not limited to a copy of my consumer credit report and score from consumer reporting agencies, at any time for so long as I have an active Paisabazaar account. I further authorize Paisabazaar to retain a copy of my information for use in accordance with the terms of use of this service, Paisabazaar’s Terms of Use and Privacy Policy.

I. I UNDERSTAND THAT THE PRODUCT IS PROVIDED ON AN “AS-IS”, “AS AVAILABLE” BASIS AND TUCL EXPRESSLY DISCLAIMS ALL WARRANTIES, INCLUDING THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

J. I shall not sue or otherwise make or present any demand or claim, and I irrevocably, unconditionally and entirely release, waive and forever discharge TUCL , its officers, directors, employees, agents, licensees, affiliates, successors and assigns, jointly and individually (hereinafter “Releasee”), from any and all manner of liabilities, claims, demands, losses, claims, suits, costs and expenses (including court costs and reasonable attorney fees) (“Losses”), whatsoever, in law or equity, whether known or unknown, which I ever had, now have, or in the future may have against the Releasee with respect to the submission of my Consumer Credit Information and / or my decision to provide TUCL L with the authority to deliver my Consumer Credit Information to the Company . I agree to defend, indemnify, and hold harmless the Releasee from and against any and all Losses resulting from claims made against TUCL L by third parties arising from and in connection with this letter.

K. I agree that the terms of this confirmation letter shall be governed by the laws of India and shall be subject to the exclusive jurisdiction of the courts located in Mumbai in regard to any dispute arising hereof. TUCL is entitled to assign its rights hereunder to any third person without taking my prior written consent.

Yours faithfully,
Name :

I hereby appoint Paisabazaar as my authorised representative to receive my credit information from the following bureau partners :

I hereby unconditionally consent to and instruct the above bureaus to provide my credit information to me and Paisabazaar on a month to month basis. I understand that I shall have the option to opt out/unsubscribe from the service.

Name :
Date :27/02/2020

CC:
Paisabazaar.com,
Paisabazaar Marketing and Consulting Private Limited

EQUIFAX TERMS AND
CONDITIONS

I Mr./Ms. -------------------- ---------------------residing at ------------------------ ---------------------------------------- do hereby authorise Paisabazaar Team ,to do all acts on my behalf as may be necessary including to execute/sign application(s), make payment of applicable fees* and generally to all other acts as may be necessary to receive, on my behalf and at my request, my Credit Information Report (CIR) from Equifax Credit Information Services Private Limited("Equifax") at the following address/email id:

I hereby confirm that all the powers hereby conferred may be exercised by officer(s) or manager(s) / agent(s) / employees of the Paisabazaar who is duly authorized by the Paisabazaar.

I hereby confirm, agree, undertake and accept that I shall at all times be solely responsible for all the above actions and omissions of the Paisabazaar shall be binding on me as though such actions had been carried out by me directly. I further confirm that my CIR shall be used only for the purpose as mentioned in the attached standard terms and conditions and I shall be solely liable for, and indemnify and hold harmless Equifax for and against, any and all third party claims or damages or proceedings of any kind, arising from or in connection with (a) any misrepresentations, incorrect information or omission of any critical information in my application, or (b) furnishing my CIR based on this authorization letter, and shall not at any time hold Equifax or its affiliates and their respective officers, directors, employees or representatives liable in this respect.

I hereby also confirm that I have only appointed Paisabazaar to be my authorized agent/representative for collection of my CIR.

I undertake to keep Equifax intimated and informed at all times, of any renewals or termination of the authorization to Paisabazaar or any amendments, modifications or changes in the terms governing the obligations or my relationship with Paisabazaar.

I shall at all times co-operate with Equifax and execute and deliver to Equifax such instruments and documents and take such other actions as may be required by Equifax from time to time in connection with this authority letter.

By signing on this authorization letter, I hereby acknowledge and accept the Standard Terms and Conditions mentioned above.

Date : 27/02/2020

I hereby appoint Paisabazaar as my authorised representative to receive my credit information from the following bureau partners :

I hereby unconditionally consent to and instruct the above bureaus to provide my credit information to me and Paisabazaar on a month to month basis. I understand that I shall have the option to opt out/unsubscribe from the service.

Name :
Date :27/02/2020

CC:
Paisabazaar.com,
Paisabazaar Marketing and Consulting Private Limited

EXPERIAN TERMS AND
CONDITIONS

YOU HEREBY APPOINT PAISABAZAAR AS YOUR AUTHORISED REPRESENTATIVE TO RECEIVE YOUR CREDIT INFORMATION FROM EXPERIAN.

YOU HEREBY IRREVOCABLY AND UNCONDITIONALLY CONSENT TO SUCH CREDIT INFORMATION BEING PROVIDED BY EXPERIAN TO YOU AND PAISABAZAAR AND YOU HEREBY AGREE, ACKNOWLEDGE AND ACCEPT THE TERMS AND CONDITIONS SET FORTH HEREIN. YOU HEREBY ALSO AGREE AND ACKNOWLEDGE THAT FOR PAISABAZAAR TO SERVICE YOU AS A CUSTOMER, THE CREDIT INFORMATION SHALL BE SHARED BY EXPERIAN WITH YOU AND PAISABAZAAR ON A MONTHLY BASIS. YOU FURTHER ALSO AGREE AND CONSENT TO RECEIVE SUCH CREDIT INFORMATION DIRECTLY FROM EXPERIAN AND ALSO THROUGH YOUR PAISABAZAAR ACCOUNT AS PER YOUR INDEPENDENT REGISTRATION WITH PAISABAZAAR.

Please read the Terms and Conditions of this document carefully before accepting. By clicking on the "I ACCEPT" button below, you are expressly agreeing to access the Experian Credit Information Report and Credit Score (as defined in the Important Information Section below) (together referred as "Credit Information") and share a copy of the Credit Information with Paisabazaar in the "as is" format. Please click on the link below to read and understand the Important Information section below.

** This document is an electronic record in terms of the Information Technology Act, 2000 and Rules made there under, and the amended provisions pertaining to electronic records.

Information Collection, Use, Confidentiality, No-Disclosure and Data Purging

PAISABAZAAR/ We/ Us can only access your Credit Information as your authorized representative and we shall use the Credit Information for limited end use purpose consisting of and in relation to the services proposed to be availed by you from us on the Website. We shall not aggregate, retain, store, copy, reproduce, republish, upload, post, transmit, sell or rent the Credit Information to any other person and the same cannot be copied or reproduced other than as agreed herein.

We shall protect and keep confidential the Credit information both online and offline and use best in class security measures in line with applicable laws. The Credit Information shared by You, or received on your behalf shall be destroyed, purged, erased promptly upon the earlier of: (i) your written request to terminate this relationship with Paisabazaar (ii) the completion of provision of the Services by us to you.

Governing Law and Jurisdiction The relationship between you and the Parties shall be governed by laws of India and all claims or disputes arising there from shall be subject to the exclusive jurisdiction of the courts of [Mumbai].

Definitions: Capitalised terms used herein but not defined above shall have the following meanings:
"Credit Information Report" means the credit information / scores / aggregates / variables or reports which shall be generated by Experian;
"Credit Score" means the score which shall be mentioned on the Credit Information Report which shall be computed by Experian.
"CICRA" shall mean the Credit Information Companies (Regulation) Act, 2005 read with the Credit Information Companies Rules, 2006 and the Credit Information Companies Regulations, 2006, and shall include any other rules and regulations prescribed thereunder.
PLEASE READ THE ABOVE MENTIONED IMPORTANT INFORMATION AND CLICK ON "ACCEPT" FOLLOWED BY THE LINK BELOW TO COMPLETE THE AUTHORISATION PROCESS FOR SHARING OF YOUR CREDIT INFORMATION BY EXPERIAN WITH YOU AND PAISABAZAAR, IN ITS CAPACITY AS YOUR AUTHORISED REPRESENTATIVE.
BY CLICKING "ACCEPT" YOU AGREE AND ACCEPT THE DISCLAIMERS AND TERMS AND CONDITIONS SET OUT HEREIN. THE TERMS AND CONDITIONS MENTIONED HEREIN MAY CHANGE IN ORDER TO COMPLY WITH GOVERNING LAWS OF THE COUNTRY AND THE CONSUMER SHALL BE BOUND TO ANY CHANGES TO THIS AGREEMENT

Name :
Date : 27/02/2020

I hereby appoint Paisabazaar as my authorised representative to receive my credit information from the following bureau partners :

I hereby unconditionally consent to and instruct the above bureaus to provide my credit information to me and Paisabazaar on a month to month basis. I understand that I shall have the option to opt out/unsubscribe from the service.

Name :
Date :27/02/2020

CC:
Paisabazaar.com,
Paisabazaar Marketing and Consulting Private Limited

CRIF HIGH MARK TERMS
AND CONDITIONS

This End User Agreement (the "Agreement") is made between you (the "User" or "You") and Paisabazaar Marketing and Consulting Pvt Ltd ("PaisaBazaar"), a private limited company having its registered office at Plot No 119, Sector-44, Gurgaon-122001, Haryana ("PAISABAZAAR", "Us" or "We", which term shall include its successors and permitted assigns). The User and PAISABAZAAR shall be collectively referred to as the "Parties" and individually as a "Party".

YOU HEREBY APPOINT PAISABAZAAR AS YOUR AUTHORISED REPRESENTATIVE TO RECEIVE YOUR CREDIT INFORMATION FROM CRIF HIGH MARK. BY EXECUTING THIS AGREEMENT / CONSENT FORM, YOU ARE EXPRESSLY AGREEING TO ACCESS THE CRIF HIGH MARK CREDIT INFORMATION REPORT AND CREDIT SCORE, AGGREGATE SCORES, INFERENCES, REFERENCES AND DETAILS (AS DEFINED BELOW)(TOGETHER REFERRED AS "CREDIT INFORMATION"). YOU HEREBY ALSO IRREVOCABLY AND UNCONDITIONALLY CONSENT TO SUCH CREDIT INFORMATION BEING PROVIDED BY CRIF HIGH MARK TO YOU AND PAISABAZAAR BY USING CRIF HIGH MARK TOOLS, ALGORITHMS AND DEVICES AND YOU HEREBY AGREE, ACKNOWLEDGE AND ACCEPT THE TERMS AND CONDITIONS SET FORTH HEREIN. YOU ALSO ACKNOWLEDGE THAT YOU SHALL NOT RAISE ANY CLAIM OR HOLD LIABLE CRIF HIGH MARK CREDIT INFORMATION SERVICES PRIVATE LIMITED IN RELATION TO YOUR CREDIT INFORMATION REPORT AND CREDIT SCORE PROVIDED OR TO BE PROVIDED BY CRIF HIGH MARK TO PAISABAZAAR.

Terms and Conditions: Information Collection, Use, Confidentiality, No-Disclosure and Data Purging PAISABAZAAR shall access your Credit Information as your authorized representative and PAISABAZAAR shall use the Credit Information for limited end use purpose consisting of and in relation to the services proposed to be availed by you from PAISABAZAAR. PAISABAZAAR shall not aggregate, retain, store, copy, reproduce, republish, upload, post, transmit, sell or rent the Credit Information to any other person and the same cannot be copied or reproduced other than as agreed herein.

The Parties agree to protect and keep confidential the Credit Information both online and offline. The Credit Information shared by you, or received on by us on your behalf shall be destroyed, purged, erased promptly upon request from the consumer or the consumer withdrawing the consent to retain such credit information / reports by deleting/deactivating the consumers account with Paisabazaar.

Governing Law and Jurisdiction Definitions: Capitalised terms used herein but not defined above shall have the following meanings:
" Business Day" means a day (other than a public holiday) on which banks are open for general business in Gurgaon and Mumbai.
" Credit Information Report" means the credit information / scores/ aggregates / variables / inferences or reports which shall be generated by CRIF High Mark;
" Credit Score" means the score which shall be mentioned on the Credit Information Report which shall be computed by CRIF High Mark.
" CICRA" shall mean the Credit Information Companies (Regulation) Act, 2005 read with the Credit Information Companies Rules, 2006 and the Credit Information Companies Regulations, 2006, and shall include any other rules and regulations prescribed thereunder.
IN CASE THERE IS ANY DISCREPANCY OR INABILITY IN COMPLETION OF ONLINE AUTHENTICATION, PLEASE SUBMIT YOUR SELF ATTESTED KYC DOCUMENTATION IN SCANNED COPIES FOR SHARING OF YOUR CREDIT INFORMATION BY CRIF HIGH MARK WITH YOU AND PAISABAZAAR (YOUR AUTHORISED REPRESENTATIVE).
ONLINE SUBMISSION - DOES NOT REQUIRE SIGNATURE AND EXECUTION"

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Date :27/02/2020

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Updated: 06-01-2020 07:56:17 AM

Hero Housing Finance Ltd., a subsidiary of Hero FinCorp, offers a spectrum of housing loans to its customers pan India. Its home loan interest rate start from 9.50% p.a. Customers can avail home loan from the housing finance company to finance new ready to movie-in or under construction residential property. The loan can also be used to fund home construction, improvement and expansion of the existing home. To learn more about its offerings, read further.

Hero Housing Loan Interest Rate 2020
Interest Rate9.50% onwards
Loan AmountRs. 10 lakh (minimum)
Loan-to-Value RatioUpto 90% of the property value
Loan TenureSalaried: Upto 30 years
Self-employed: Upto 20 years
Age LimitSalaried: Upto 65 yrs. (at the time of loan maturity)
Self-employed: Upto 70 yrs. (at the time of loan maturity)

Note: The information given in the table are indicative and are subject to change at the lender’s discretion without prior information

Hero Housing Loan Features & Benefits
Types of Hero Housing Loan

Hero Housing Loan Features & Benefits

The key features and benefits of the Hero Housing Loan are:

Types of Hero Housing Loan

Hero Housing Finance Ltd. offers different home loan schemes customised to suit varied home loan requirements of its customers. Some of them are discussed below:

New Home LoanLoan for Construction, Improvement & ExpansionHome Loan Balance Transfer
New Home Loan
Loan for Construction, Improvement & Expansion
Home Loan Balance Transfer

New Home Loan

Hero Housing Finance offers New Home Loan to Finance a new ready to move-in or under construction residential property.

PurposeTo fund a new ready-to-move or under construction residential property
Loan AmountRs. 10 lakh (minimum)
LTV RatioUpto 30 lakh: upto 90% of the property value
Rs. 30.01 lakh to Rs. 75 lakh: upto 80% of the property value
Above Rs. 75 lakh: upto 75% of the property value
Interest RateStarting at 9.5%
Loan TenureSalaried: Upto 30 years
Self-employed: Upto 20 years
Processing FeeNil for floating rates
Age LimitSalaried: Upto 65 yrs. (at the time of loan maturity)
Self-employed: Upto 70 yrs. (at the time of loan maturity)

Loan for Construction, Improvement & Expansion

PurposeTo fund renovation, expansion and construction of an existing residential property
Loan AmountRs. 10 lakh (minimum)
Interest RateStarting at 9.5%
Loan TenureUpto 20 years
Processing FeeNil for floating rates

Home Loan Balance Transfer

PurposeAvail Hero Housing Loan at an interest rate lower than your current home loan interest rate
Loan AmountRs. 10 lakh (minimum)
Interest RateStarting at 9.5%
Hero Housing Loan EMI Calculator
Hero Housing Loan Documents Required
Apply for Hero Housing Loan Online & Offline
Hero Housing Loan Customer Care Number
Hero Housing Loan FAQs
Check Out Other Housing Finances in India

Hero Housing Loan EMI Calculator

Home loans are expensive as they involve a huge sum of money usually going upto lakhs and even crores. Also, their repayment period is quite long going upto 30 years. To avoid late payments and defaults, it is important for customers to assess their finances beforehand. Doing so will help you know whether you can afford the loan EMIs or not. To make home loan Emi calculations easier and quick, use Paisabazaar.com’s Home Loan EMI Calculator. It is an online tool that helps you know the approximate home loan EMI value. The results are dependent on the information you provide.

To know your home loan EMI in just a few seconds, follow these steps.

  • Click here to start calculating your home loan EMI
  • Enter the these values – Loan Amount, Loan Tenure and Interest Rate
  • Once you enter the values, the results will appear

Hero Housing Loan Documents Required

Hero Housing Finance Home Loan Documents Required for Salaried Professionals

  • Duly filled application form with passport size photographs of all the loan applicants and co-applicants affixed.
  • Cheque for processing fee favouring ‘Hero Housing Finance Ltd.’
  • KYC documents:
    • Proof of identity
    • Proof of age
    • Proof of residence
  • Proof of income:
    • Salary slip of last 3 months
    • Form 16 of last 2 years
    • Bank statements for last 6 months reflecting salary credits
    • Appointment letter with salary breakup (if current employment is less than 1 year old)
  • Bank statement reflecting last 6 months EMI payment/SOA of running loans
  • Property related documents:
    • A copy of the Allotment Letter/Buyer Agreement/Sale Deed
    • Receipts of payments made to the Builder/Developer/Seller

Note: All documents must be self-attested. The above list is indicative in nature and the lender may ask for additional documents.

Hero Housing Finance Home Loan Documents Required for Self Employed Professionals

  • Duly filled application form with passport size photographs of all the loan applicants and co-applicants affixed.
  • Cheque for processing fee favouring ‘Hero Housing Finance Ltd.’
  • KYC Documents (for applicants & co-applicants):
    • Proof of identity
    • Proof of age
    • Proof of residence
  • Additional KYC Documents (for companies):
    • MOA and AOA of company duly signed by authorised signatory
    • Certificate of Incorporation duly signed by authorised signatory
    • Latest list of Directors and Shareholders duly signed by authorised signatory
    • Address proof of company duly signed by authorised signatory
    • GST/Sales Tax Registration Certificate/TIN Certificate/VAT Certificate/Service Tax Certificate/TAN Certificate.
    • Latest copy of Electricity Bill (not more than 2 months old)
    • Property tax bill receipt not more than 1 calendar year old from the date of issuance of bill
    • Partnership Deed in case of the business entity being a partnership firm
  • Proof of income:
    • Income Tax Returns along with the computation of income for the last 2 Assessment Years
    • Last 3 years’ ITR, P&L and Balance Sheet with Notes to accounts
    • GST Return for last 1 year
    • Last 6 months bank statement of all operative accounts of firm/company
    • Last 6 months savings a/c bank statement of all financial applicants
  • Property related documents:
    • Copy of complete set of property papers including prior deeds
    • Latest property tax receipt/ utility bill

Note: All documents must be self-attested. The above list is indicative in nature and the lender may ask for additional documents. The Firm/Company’s stamp must be affixed. The self-attestation must be done by authorized signatory on all firm/company documents. OSV should be done by DMA/DST/Employee on all documents.

Apply for Hero Housing Loan Online & Offline

How to apply for Hero Housing Loan online?

You can apply for Hero Housing Loan online at Paisabazaar.com by following the steps as follows:

  • Click here to start with the home loan application process
  • Provide the required information
  • A few eligible home loan options will appear.
  • Compare and apply for a home loan which suits your requirements the best

On successful loan application, customers receive a call from our executives and guide them through the loan procurement process.

An alternative method to apply for Hero Housing Loan online is via the lender’s website.

How to apply for Hero Housing Loan offline?

Customers can apply for Hero Housing Loan offline by visiting the nearest Hero Housing Finance branch.

Hero Housing Loan Customer Care Number

Customers with any query related to Hero Housing Loan can contact their customer care representatives via call. The Hero Housing Loan toll free customer care number is 1800 212 8800.

Hero Housing Loan FAQs

How much loan amount can an applicant get under Hero Housing Loan?

The minimum amount that Hero Housing Finance Ltd. offers on its home loan is Rs. 10 lakh. The loan amount that an individual will get depends on the market value of their property and loan repayment capacity.

What is the interest offered on Hero Housing Loan?

Hero Housing Finance Ltd. offers home loans starting at 9.50%.

What is the maximum repayment period of Hero Housing Loans?

The maximum loan tenure of Hero Housing Loan is 30 years for salaried professionals and 20 years for self-employed professionals.

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