Bangalore Home Loan

Bangalore Home Loan
 3.5 / 5.0   by 441 users
Used this product? Write a review >>

Fees & Charges

Promised Interest Rate

Customer Service

Responsiveness

Bangalore also known as Bengaluru, is the capital of the Indian state of Karnataka. It is India's third-largest city.In recent years, Bangalore propelled to be the forefront of the high-tech industry boom in India, and it currently ranks as India's most developed city and one of the world's fastest growing urban areas.

Home loans, also known as mortgages, use the borrower's home for collateral. This home can be a single-family house up to a four-unit property, as well as a cooperative unit. Lenders fund home loans, but both the lenders themselves and brokers who act on behalf of the lenders originate, or process, them.


You’re probably eligible for an Bangalore Home Loan if you are

01
02
03
04
Bangalore Home Loan Minimum Age

At least 21 years old

 Bangalore Home Loan Maximum Age

Less than 65 years old

Bangalore Home Loan Eligible Employment Type

Salaried / Self-employed
with regular income

Bangalore Home Loan Minimum Income

Earn more than the minimum
income required


Your Bangalore Home Loan amount eligibility is based on these factors

01
02
03
Bangalore Home Loan Minimum Salary

EMI limited to about 50%
of monthly income

Bangalore Home Loan Maximum Loan to property value

Loan capped @ 75% - 85% on property value

Bangalore Home Loan EMI

EMIs of other loans lower
your eligibility


Increase your eligible Bangalore Home Loan amount by these steps

01
02
03
Bangalore Home Loan Add Spouse as Co-applicant

Make your spouse a co-applicant,
and her income will add
to your eligibility

Bangalore Home Loan Maximum Tenure

Choose longer tenure loan up to 20 - 30 years

Bangalore Home Loan Add parents as Co-applicant

Alternatively add your parents


Documentation needed to apply for an Bangalore Home Loan

  • 1. Photo ID and age proof
  • 2. Signed application form with photograph
  • 3. Processing fee cheque
  • 4. Last 6 months bank statement
  • 5. Documentation for salaried applicants:
    • Last 3 months salary – slips
    • Form 16 or Income Tax Returns
  • 6. Documentation for self-employed applicants:

    • Last 3 years Income Tax Returns with computation of Income
    • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

Bangalore Home Loan Interest RatesUpdated on 21 Sep 2014

Bangalore Home Loan Details
Interest Rate (Monthly reducing balance) 10% - 10.5%
Processing Fees 0.50% of Loan
Loan Tenure 1 year to 20 - 30 years
Partial pre-payment Charges Nil
Pre-closure Charges Nil

Home Loans from Top Banks
Home Loans in Top Cities
Home Loan by Bank
Home Loan by City

News about Bangalore Home Loan


Bangalore Home Loan Reviews

76 % of our customers would recommend this bank. (336 out of 441) Write Review
Customer Reviews
Page 1 of 22 1 2 3 4 5
  • Validated User
    (0)

    It was good to apply home loan with hdfc limited. They were very prompt . They were very knowledgeable. Actually the property hasnt finalized from my side. Finally I have purchased the land with my own funding. They were followed me 2-3 times very politely

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    I did apply twice with HDFC limited, one through on line and other request was directly. visiting the branch. As of now. everything is smooth. It almost took 1 month due to few issues from my side. They offered 10.15% interest rate and 11000 as processing fees. There is an option for pre closure and am quite ok with pre closure charges. My suggestion would be in terms of documentation, they are reluctant in coming and collecting the documents which could be improvised.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    As my plan of availing home loan is postponed , I don't wanted to go further. The relationship officer from HDFC limited handled the processing well and took the processing smooth. I wanted to appreciate the officer who had helped me a lot inspite of not taking home loan. Even the rates and charges are as per the industry standards.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    I have applied home loan from hdfc limited where they clarified about each and everything about the home loan. Personally I have requested to close this deal since I have arranged on my own personal funding . No need to proceed further. However the entire response was quite good

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    It was an excellent experience by availing home loan with hdfc limited. It has been delayed from builder part. I got continuous follow ups from them since from day 1 when I applied. I would sat the interest rates were pretty much same as other banks. So far I received only the presales call. Need to explore more for entire operations

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    Experience was good with HDFC limited however I got a good offer and quick response from some other bank, that's what the reason I didn't continue further. The interest rate was higher with HDFC limited. However, I was happy about the response and services.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    Since the interest rate is high with HDFC limited, I havenâ??t gone with them. The response was quite faster and even they asked for documents, however I had not submitted. The officer was too responsive and good in interacting with me. If the interest rate would had been less, it would be great.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    HDFC limited took a follow up after one week of application. Since there was no prompt response received, I approached the other bank which gave me a good offer. Particular person from HDFC limited intimated that he will send an email regarding the status. However, he called up later on where i said there is no requirement.Even the charges are higher.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    I approached State bank of India as they offer lower and best interest rate. I opted for loan transfer, where one day the particular executive collected all documents and within 20 days, everything was done. 10% was the interest rate offered and 5000 as processing fees. Just for my convenient part, I approached State bank of India.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from STATE BANK OF INDIA on BankBazaar.com Reviewed on
  • Keep it up
    https://cdn1.bankbazaar.com/images/customer_review/default-unknown-person.png
    VIJAYAMUTHAN SIDHAYAN SURULIANDE, bangalore
    Recommend Recommended by user
    Validated User
    (0)

    The relationship officer from HDFC limited approached me and made clear on the constraints whatever was there before availing my home loan. However, since my property was not yet decided, I didnâ??t avail the loan. The officer explained everything and helped me a lot. Rate of interest is quite higher when compared with others. I would suggest the HDFC limited to keep up their services.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    I had asked HDFC LTD to close of my recent home loan application as of now. The guy who called me directly from HDFC LTD told me that they would offer me a balance transfer without any processing fee. However another executive who was supposed to collect the documents from me told that the processing fee is definitely application and cannot be waived off. I finally decided not to avail the loan due to this miscommunication and I don't recommend HDFC LTD as they are not transparent on the processing fees.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    It was good working with HDFC LTD for a home loan. Unfortunately my home loan application has been closed with HDFC LTD because some of documents of the property are not proper and also they are ready to offer the loan for B-Khatta. I think the rate of interest is quite similar to other banks however the processing fee & charges are very high when compared to other banks.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    I have got excellent follow ups from hdfc limited for my home loan application. They offered me 14.8 % for 18 years with relevant documentation. Initially I planned to go for home loan . The interest rate and tenure period doesnt matched for my salary. May be they could work on their interest rates to be lower compared with other banks. They need to work on their policy structure to be better than other banks

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    It was a great experience with HDFC LTD on applying a home loan. Unfortunately I had dropped my plan due to some other commitments. I would probably go for the loan after an year from now. It was a pretty good service and a prompt response from HDFC LTD. I had no complaints at all.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Validated User
    (0)

    The processing of my home loan application is almost complete with LIC housing finance and I am currently awaiting the loan sanction letter. I had overall experienced a very good customer service and the response was prompt. The rate of interest offered was 10.25%. They have actually committed one week for processing which is still not completed.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from LIC HOUSING FINANCE on BankBazaar.com Reviewed on
  • Validated User
    (0)

    Axis Bank housing loan the customer service executive explained me about the process in a detailed manner. The loan application was canceled from my end, since i have postponed the plan of buying the property for couple of months. One suggestion i would say if the interest rate is reduced that will be more helpful.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Validated User
    (0)

    As my property was not finalized, I didn't avail home loan from HDFC limited. However, there was a continuous follow up from the relationship officer who was very supportive and responsive. Regarding rate of interest, i would say its quite competitive rate offered.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from HDFC LIMITED on BankBazaar.com Reviewed on
  • Good
    https://cdn1.bankbazaar.com/images/customer_review/default-unknown-person.png
    PRASAD GURUNATH KOUJALAGI, bangalore
    Recommend Recommended by user
    Validated User
    (0)

    From the day one it was really good the customer service executive from Axis Bank came home and collected the documents.The executive mentioned that in 15 days the loan will get sanctioned. But the loan was sanction only ofter one month and i lost the property which i was looking to buy so i have canceled the housing loan application.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Validated User
    (0)

    The experience with the Axis Bank while applying the housing loan it was good. The customer service executives explained about the process in a professional manner. I have postponed the plan of taking the housing loan. In future if i am looking for a housing loan i will prefer axis bank.

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from AXIS BANK on BankBazaar.com Reviewed on
  • Validated User
    (0)

    It was quite good service from union bank of india. Being a public sector bank they are very good. Within 2 days my home loan got processed . It was taken hardly 2 hours to process my documents in the system. Quite good interest rates. Overall it was very good

    Was this review helpful? Yes

    Thank you for your vote

    Thanks, you've already rated this review

    Fees & Charges
    Promised Interest Rate
    Customer Service
    Responsiveness
    took a Home Loan from UNION BANK OF INDIA on BankBazaar.com Reviewed on
Customer Reviews
Page 1 of 22 1 2 3 4 5

Transferring you to our partner website
"firstinsurancebazaar.com"

Transferring you to "firstinsurancebazaar.com"

(An authorised & regulated Insurance broker by IRDA since 2004)

Contact Us on Mail
Facebook
Thank you for the feedback.
Make a suggestion or report a bug
  • Like us? Spread the word
  • Broadcast your feedback via Facebook Twitter
  • or Cancel
  • View our privacy policy

reTH65gcmBgCJ7k - pingdom check string.