A "low interest" loan shouldn't mean you have very little interest in paying it back!
  • loading

    We found 2 HDFC Pre-Approved Home Loan

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.35% - 8.60% Floating
    Up to 0.5% (max. ₹11,500) One time fee
    5L - 10Crs
    1-30 Years
    Response Time Within 30 minutes
    Rs.5,000 Amazon voucher free
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    8.65% - 8.70% Floating
    Up to 0.5% (max. ₹11,500) One time fee
    5L - 10Crs
    1-30 Years
    Response Time Within 30 minutes
    Rs.5,000 Amazon voucher free
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria

    HDFC Pre-Approved Home Loan is Rated as "Great!" by 4864 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Home Loan BYTES FROM OUR KITCHEN

    About HDFC Pre-Approved Home Loan:

    The Housing Development Finance Corporation, popularly known as the HDFC Bank, was established in 1994. One of India’s most trusted brands, HDFC is also ranked among the top 50 World Banks in terms of market capitalization. HDFC caters to the ever increasing banking needs of Indians by offering a wide array of financial services including loans, deposits, investments and insurance products for corporates, individuals and SME’s. HDFC Home Loans are very popular among the Indians for the sheer convenience and customer-centric benefits that it offers.

    HDFC Pre-Approved Home Loans are offered to customers who have not yet zeroed-in a property but require the home loan approval letter to assess their budget and also to negotiate better.

    Home Loan Offers

    How does the HDFC Pre-Approved Home Loan work?

    HDFC Pre-Qualified home loan works in a way similar to that of a normal home loan. The following points will provide you more insights on how in-principle approval for home loan works.

    • Existing HDFC customers can apply for a pre-approved home loanusing the Net Banking portal or by visiting any of the nearest HDFC physical branch.
    • New customers can also choose a pre-approved home loan from HDFC. Contact the HDFC customer care or visit a nearest bank to know in detail about applying for a pre-qualified home loan.
    • Customers will be asked to fill in the application form and submit all required documents.
    • After the submission, HDFC bank will carry out a credit check. Based on the documentation provided, customer’s credit history and repayment capacity, HDFC will suitably approve a certain loan amount.
    • The customer will be contacted and pre, post sanction documents will be offered.
    • There is also a certain time frame before which the customer has to accept the pre-approval after which the offer becomes void.

    Advantages of HDFC Pre-Qualified Home Loan:

    • Gives Clarity on Affordability:

      The most important benefit of getting an in-principle approval for your home loan is that HDFC will notify you about the loan quantum that you are eligible for. This will not only help you assess your affordability clearly but will also help you plan on the down payment.

    • Quick Processing:

      With HDFC, you can be guaranteed of a quick and transparent processing when it comes to pre-approved home loans.

    • Better Negotiation:

      With a loan-approval letter in your hand, you will be able to strike better deals with your builder because you have established your reliability with the loan offer letter.

    • Low Processing Fees:

      HDFC charges a very nominal processing fee for home loans.

    FAQs:

    1. What do I have to submit as documentation?

      You will have to submit the application form, ID proof, proof of address and property related documents.

    2. On what basis the pre-qualified loan amount and eligibility is decided?

      The loan eligibility and amount is decided based factors like on the applicant’s income, age, qualifications, assets & liabilities, savings history and occupation.

    3. The validity period for my in-principle loan offer is over. Do I have to apply again?

      Yes, if you have no accepted the offer and the validity has expired, you will have to apply again. Depending on when your offer has expired, you can extend the validity by contacting HDFC. Generally, the offer is valid for 3 months and can be extended by another 3 months.

    4. When will the home loan be disbursed?

      The home loan will be disbursed only after the property is scrutinized by the bank.

    5. Does pre-approval imply that the home loan will be sanctioned?

      Sanction of home loan depends on the successful verification of all documents. If the bank’s eligibility criteria is satisfied, your loan will be sanctioned.

     Loading your search... Loading your search...
  • HDFC Pre-Approved Home Loan Reviews

    • HDFC Limited Home Loan
      "Satisfied"
      0.5 5.0/5 "Blown Away!"
      I have postponed my plan due to some other personal reason with the HDFC limited for the home loan. I would like to say that the rate of interest was a kind of okay for me on that time . Customer service and other things are good one with the HDFC limited.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Jun 24, 2017
    • HDFC Limited Home Loan
      "Good Process"
      0.5 4.0/5 "Great!"
      I had availed home loan from HDFC ltd. I had got this loan for 18 lakhs. And the interest rate in the beginning was around 9.50% after which I put an application to reduce the interest rate, hence they reduced it further to 8.50%. There were no challenges with the bank during the entire loan process.
      Was this review helpful? 0
      , jaipur
      Reviewed on Jun 24, 2017
    • HDFC Limited Home Loan
      "High on ROI"
      0.5 4.0/5 "Great!"
      HDFC LTD has provided me the home loan with ease. I did not have to follow much on the process. I got the loan on time. The verification went well too. The institution is very high on the interest rate and the processing charges are also very high.
      Was this review helpful? 3
      , bangalore
      Reviewed on Jun 23, 2017
    • HDFC Limited Home Loan
      "Better "
      0.5 4.0/5 "Great!"
      HDFC limited have contacted me after sometime from the time of inquiry for the home loan. Rate of interest was around 8.5%, which was bit huge one for me , also I am okay with that. Customer service and other things were good only.
      Was this review helpful? 1
      , pune
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Service to be get improved"
      0.5 1.0/5 "Really Bad"
      Nobody have contacted me from the HDFC limited for the home loan, which I have inquired. Rate of interest was around 8.6%, also I am okay with them. In future, I would like to go ahead with them in future and I request them to contact the customer as soon as possible.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Satisfied"
      0.5 4.0/5 "Great!"
      I did not taken the home loan with the HDFC limited because I have already arranged the funds from my end. Customer service is very good one and the response is also good one. The rate of interest was around 8.5% with the HDFC limited, also I am comfort with them.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Best"
      0.5 4.0/5 "Great!"
      Within twenty days of time, I have got the home loan with the HDFC limited and the response and other things with the HDFC limited was good one, also the customer service too. Rate of interest was around 8.5%, which was not okay for me , also they have told post documentation process , rate of interest would not get changed.
      Was this review helpful? 0
      , guwahati
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Better "
      0.5 4.0/5 "Great!"
      I got the home loan with the HDFC limited and the interest rate is around 8.35%, also the loan amount got sanctioned in twenty five days of time. Customer service is good and the processing charged was around 0.5% of the total capital amount, also I am very much happy with them.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      I got the home loan with the HDFC limited and the interest rate was around 8.4%, also the loan amount got disbursed within a week of time. Service aspects and everything is fine one for me. They have provided around 80% of the cost of home as loan. Documentation process were nominal one with the HDFC limited.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Good Process"
      0.5 5.0/5 "Blown Away!"
      There was no issues with HDFC ltd for the housing loan. I had taken this loan for the interest rate of 9.30%. The loan process went good and there was no hassles with HDFC ltd. Customer service is quite good and they supported well throughout the loan process.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 20, 2017
    • HDFC Limited Home Loan
      "Its Average"
      0.5 3.0/5 "Satisfactory"
      My first home loan was taken from HDFC Ltd, second loan with ICICI. But I felt ICICI is better than HDFC ltd, because HDFC ltd is not clear when it comes to loan transaction, I cant see the pending principle amount through netbanking properly. I took the amount of 11 lakhs and this is for a tenure of 15 years.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 20, 2017
    • HDFC Limited Home Loan
      "Good Process"
      0.5 4.0/5 "Great!"
      Twelve years back I had taken the housing loan from HDFC finance limited. And the current interest rate is 9.25% and I am asking them to reduce it to 8.5%. Customer service and responsiveness are good with HDFC Ltd. They done with the process without any hassles.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 19, 2017
    • HDFC Limited Home Loan
      "Average "
      0.5 3.0/5 "Satisfactory"
      I have not taken the home loan with the HDFC limited because I have arranged through some other sources. Services are fine with them and the rate of interest was around 8.35%. Rate of interest and the processing charges were happy.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jun 16, 2017
    • HDFC Limited Home Loan
      "Unprofessional services"
      0.5 1.0/5 "Really Bad"
      I have taken a home loan from HDFC Ltd and I am not happy with the customer services. They are not professional in communicating to the customer and they do not know how to behave at the bank as well. The interest rate and processing charges is normal.
      Was this review helpful? 1
      , thane
      Reviewed on Jun 16, 2017
    • HDFC Limited Home Loan
      "Happy Service"
      0.5 5.0/5 "Blown Away!"
      A year ago, I had taken a home loan from HDFC Ltd. They quoted an interest rate of 8.60%. The loan process was very simple and there were no challenges for the loan. They had done with the process in a proper way and I am quite happy with HDFC Ltd...
      Was this review helpful? 0
      , ranchi
      Reviewed on Jun 16, 2017
    • HDFC Limited Home Loan
      "Good in response"
      0.5 3.0/5 "Satisfactory"
      Due to my personal reasons I have postponed my plan for the home loan at HDFC LTD. The team responded to me on time and given me proper information. There were calls in between the process as well. The rate of interest and processing charges was normal.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 15, 2017
    • HDFC Limited Home Loan
      "Good deal on ROI. Can do better in services"
      0.5 4.0/5 "Great!"
      I have taken my home loan from HDFC Ltd. The overall experience was good. But when I walked in to their office for a one to one discussion. The meeting did no take place at the promised time instead I had to wait for two hours. The interest rate was a good deal. I got a rate of 8.35% an the processing charges was nominal too.
      Was this review helpful? 1
      , new delhi
      Reviewed on Jun 15, 2017
    • HDFC Limited Home Loan
      "Quick response"
      0.5 4.5/5 "Excellent!"
      I did not go ahead with HDFC Ltd for the home loan because I got a similar deal from my existing bank and I did not want the hassle of documentation. The services from this institution was good, they were on time and the rate they offered was also reasonable. It was of 8.5%.
      Was this review helpful? 0
      , delhi
      Reviewed on Jun 15, 2017
    • HDFC Limited Home Loan
      "Nice service"
      0.5 5.0/5 "Blown Away!"
      HDFC ltd is good for my housing loan. I am much happy with them because of the loan I had received. I do not remember the rate of interest but which is very nominal when compared with other banks. The way of customer approach and response is good with HDFC ltd.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jun 14, 2017
    • HDFC Limited Home Loan
      "They should provide prompt response to the customer"
      0.5 1.0/5 "Really Bad"
      No body have called me from Hdfc ltd for the home loan, at the I have approached PNB but that deal also cancelled because of interest rate. HDFC Ltd should consider each and every customer as prime customer and they should give response to their request.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jun 14, 2017
    Common Loader Icon
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.