There is no much difference between HDFC & other loan providers for loan offers. I am yet to finalize my property I am unable to avail this loan now but yes I would come back to HDFC for this loan. My only concern is that HDFC should be accurate.
07:32 PM - Oct 31, 2014
When I applied my home loan with HDFC limited my Cibil score had not met with their criteria so I was unable to take this loan. Also I had approached for Rs.35 lacs but they approved only Rs.18lacs which I was not informed. Follow up was good.
07:20 PM - Oct 31, 2014
The main reason of me dropping my idea of home loan with HDFC ltd is because of their interest rates. Its high when we look at other offers from other Banks. I feel they are not willing to give loan for eligible customers. They should have more productive
07:11 PM - Oct 31, 2014
I feel ICICI bank provides less rate of interest rate and good offer for processing fees. I would say for all home loan & credit cards ICICI bank is the best. I would strongly recommend this bank as they are very good in terms of their customer support.
07:29 PM - Oct 31, 2014
I feel HDFC ltd's interest rate and processing fees is very high comparatively, that is the main reason I had not taken this home loan. And I never got any single follow up call regarding my application when I applied. The loan process was disappointing.
07:18 PM - Oct 31, 2014
My experience with HDFC was normal as I did not interact much with them. Initially when I applied for the loan I was eligible for 30lacs loan amount but later they approved only 19 lacs for me. This stopped in proceeding with the loan.
07:10 PM - Oct 31, 2014
I think HDFC must inform their customers the rules and regulation of their loan process prior itself. As I am in construction business, these property would be allotted and purchased by society people. HDFC had asked me for my salary slip for this loan and I clearly informed them as I am into construction I will not be able to provide salary slips. However HDFC failed to understand this and they made me wait for almost 20 days to give this information that I will not be able to avail this loan without the pay slips. If they would have told this to me prior I would have save much time.
07:25 PM - Oct 31, 2014
Banking with Axis bank is good. I got good offers from here as my friend is working with the same Bank and he referred me. Now my application is under process. They took minimum time to collect my documents when I applied for this loan ten days before.
07:16 PM - Oct 31, 2014
Interest rate is very high when compared with some other bank. Others provide lesser pre payment charges unlike HDFC. I did not want to proceed with this loan loan is mainly because of their interest rate and they are not ready to adjust prepayment charge
07:09 PM - Oct 31, 2014
My loan process was quite fine with ICICI, they guided me in a proper manner by solving all my queries. Interest rate was also fine. But later on I got to know that I was charged a huge amount on fees it was Rs.11000 for 30lacs loan amount.
07:23 PM - Oct 31, 2014
Relationship officers from hdfc was good and polite. The interest rate and processing fees is quite ok. I did try other offers, found a offer with Axis Bank through my friend who is there,I continued my loan process with Axis & dropped my plan with HDFC.
07:14 PM - Oct 31, 2014
Customer service was good. Their response was prompt. I felt their processing fees is much high when compared with others, I did talk to them about it, their officer told me that he would check & revert but no information from them.
07:08 PM - Oct 31, 2014
Are legally adult enough to handle it
Have still got it
Get a regular pay check
Make more than a basic buck
EMI limited to about 50%
of monthly income
Loan capped @ 75% - 85% on property value
EMIs of other loans lower
Making your spouse a co-applicant
Choose longer tenure loans of up to 20 - 30 years
Alternatively add your parents as co-applicants
|Interest Rate (Monthly reducing balance)||10% - 10.5%|
|Processing Fees||0.5% of Loan|
|Loan Tenure||1 year to 20-30 years|
|Partial pre-payment Charges||Nil|