Home Loans in Faridabad

Different banks offer home loans to the residents of Faridabad at rates of interest ranging between 7% p.a. and 11.10% p.a. with processing fee ranging from 0% to 0.5% of the loan amount. If you reside in Faridabad, you can apply for a home loan with loan amount up to Rs.75 lakh and above and a repayment tenure of up to 30 years.

Home Loan Interest Rate in Faridabad

Interest Rates	7% p.a. - 11.10% p.a.
Processing fee	0% - 0.50% of the loan amount
Maximum Loan Amount	Loan amount above Rs.75 lakh
Maximum Tenure	Up to 30 years

Compare: Home Loan Interest rate

Best Home Loan Providers in Faridabad

Home Loan Providers	Branch Location
Axis Bank	Shop No 6, Crown Complex, Neighbourhood No 2, 1/2 Chowk, NIT, Faridabad – 121001
HDFC Bank	5 R/2, Badshah Khan Chowk, NIT, Faridabad - 121001
State Bank of India	1047, Sector 15, Faridabad – 121007
Kotak Mahindra Bank	Nit - Near 1 & 2, Chowk, Nit, Nh-2, Faridabad, Haryana
Punjab National Bank	Shop no. 68 -71 Charms Wood Plaza, Erose Garden, Faridabad
Union Bank of India	58, Neelam Bata Road, Faridabad – 121001

Eligibility and Documents Required

Purpose	Eligibility	Documents Required
Age	18 years to 75 years	Voter ID card, PAN card, driving license
Residency	Should be a resident of India	Passport, Aadhaar card, PAN Card
Employment	Self-employed or salaried	Employee ID, etc.
Income	Salaried - At least Rs.10,000 p.m. Self-employed - At least Rs.2 lakh p.a.	Bank statement, bank passbook, last 3 month's salary slip, last 6 month’s salary slip, latest Form 16 and IT returns, and Business proof/trade professional license/sales tax returns

If you are a resident of Faridabad and is looking to apply for a home loan, then you can either visit any of the bank's branches or apply for a home loan from a lender online. You must, however, properly research different home loans and check if you meet the eligibility criteria. If you meet the eligibility criteria and feel the home loan offered by a bank is suitable for you, you can go ahead apply for it either online or by visiting the nearest branch.

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