A "low interest" loan shouldn't mean you have very little interest in paying it back!
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    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. ₹11,800) 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. ₹11,800) 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 4881 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.

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  • HDFC Pre-Approved Home Loan Reviews

    • HDFC Limited Home Loan
      "Its Good"
      0.5 4.0/5 "Great!"
      I have directly reached HDFC Ltd for the home loan, their executive are done a good job. Within three days of time, they have approved my housing loan. HDFC Ltd offered me the interest rate around 8.4 % for the principal of Rs.25 lakhs with the tenure of 20 years. I am very happy with HDFC ltd.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 13, 2017
    • HDFC Limited Home Loan
      "Response part should be improved"
      0.5 2.0/5 "Expected more"
      Hdfc Ltd response is not upto the mark, I have applied for the home loan, I submitted all my documents along with the processing fee of Rs.7800. Even I got sanction letter for the home loan. But still I am not sure about the application status, no one contacted me properly, I am the one calling them and getting the status.
      Was this review helpful? 0
      , delhi
      Reviewed on Jul 13, 2017
    • HDFC Limited Home Loan
      "Best offer"
      0.5 5.0/5 "Blown Away!"
      Initially I have some offer from HDFC Ltd, I though to process with that rate, it was shown in online channel, finally HDFC Ltd gave me some thing else. Now my loan is under process, I got my sanction letter, I have finalized a plot to construct a house for that HDFC Ltd processing the interest of 8.65% and also they taking some processing fee.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 13, 2017
    • HDFC Limited Home Loan
      "Good Service"
      0.5 3.0/5 "Satisfactory"
      I had applied for the HDFC Ltd for the home loan and as a customer I am very happy with the way they are process this loan. They had explained every bit of the information in detail before I even submitted my paper work. The interest rate and charges are very much reasonable too the loan amount I have taken is 17 lakhs and the rate of interest they have offered is 10% and 8.6% and the EMI is 16400
      Was this review helpful? 1
      , haridwar
      Reviewed on Jul 12, 2017
    • HDFC Limited Home Loan
      "Satisfactory"
      0.5 4.0/5 "Great!"
      HDFC Ltd service is good but they don't have online payment option to make Loan due. If suppose I miss the EMI amount, I should visit to the bank to make the EMI. It would be great if they provide online payment, instead of visiting to the bank. Other than this everything is good, my home loan experience was good with HDFC Ltd, they giving offers especially for women they reducing the interest rate.
      Was this review helpful? 2
      , bangalore
      Reviewed on Jul 10, 2017
    • HDFC Limited Home Loan
      "Satisfied service."
      0.5 5.0/5 "Blown Away!"
      I have applied home loan with HDFC limited , but then the HDFC executive told the place which I have selected is not eligible to get the loan. The rate of interest is nominal with HDFC limited.The customer service and the response was good with HDFC limited.
      Was this review helpful? 0
      , chennai
      Reviewed on Jul 07, 2017
    • HDFC Limited Home Loan
      "Overall good"
      0.5 4.0/5 "Great!"
      Since the property I was buying was not listed with HDFC LTD, I had taken my home loan from another bank. The customer services are good and they were responsive. The interest rate and processing charges were also normal. Overall no hassles faced.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 07, 2017
    • HDFC Limited Home Loan
      "Looking for a better option"
      0.5 4.0/5 "Great!"
      I am not fine with HDFC Ltd. what they offering. I though they would be charging me 0% of processing fee for the car loan. But HDFC Ltd charging the processing fee of Rs.7000 it is high. But I am fine with their interest rate of 8.40% it is nominal. Therefore I didn't go head with HDFC Ltd for the housing loan.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jul 06, 2017
    • HDFC Limited Home Loan
      "Very good services"
      0.5 5.0/5 "Blown Away!"
      I have taken my home loan from HDFC Ltd and the process for it has been good. The documents was collected on time and it is not much of paperwork. The process is smooth too. The interest rate and processing charges is normal and in all there are no hassles.
      Was this review helpful? 0
      , lucknow
      Reviewed on Jul 06, 2017
    • HDFC Limited Home Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      My home loan is from HDFC Ltd. The customer support is good and the process was completed very fast. It was smooth as well, without any hiccups. The interest rate was around 8% and the processing charges was also normal. The disbursement is on time too.
      Was this review helpful? 1
      , indore
      Reviewed on Jul 06, 2017
    • HDFC Limited Home Loan
      "Its Good"
      0.5 3.0/5 "Satisfactory"
      HDFC Ltd stated that, I am eligible only the amount of 9 lakhs for the housing loan. But I applied an amount of 14.4 lakhs at least, I am was looking out for an amount of Rs. 12 lakhs. Hence I am not fine with the principal amount and therefore I closed the loan application.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 06, 2017
    • HDFC Limited Home Loan
      "Looking for a better service"
      0.5 3.0/5 "Satisfactory"
      HDFC ltd were asking lot of documents like KYC ,property documents, IT and others it was very difficult to submit all papers. But ICICI don't have such a big process, moreover I didn't get the response immediately from HDFC . They should reach the customer immediately to provide the better service.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jul 05, 2017
    • HDFC Limited Home Loan
      "Communication gap should be eliminated"
      0.5 2.0/5 "Expected more"
      I didn't receive any call from HDFC Ltd that's the first reason, I tried reach them multiple time. One of the online channel executive also coordinated with me to connect the bank. Finally I got a mail from HDFC Ltd some one will be reaching me for the loan process but no body turned up. I would like to suggest them to acknowledge the customer request.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jul 05, 2017
    • HDFC Limited Home Loan
      "Quick Process"
      0.5 5.0/5 "Blown Away!"
      People from HDFC ltd visited my premises and collected the documents for the home loan. Even they had completed and sanctioned the loan in a week time. Their services are really good and I had received good response from them during the loan process.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Jul 05, 2017
    • HDFC Limited Home Loan
      "Better Service"
      0.5 4.0/5 "Great!"
      HDFC LTD quoted 9.6% for my home loan. The interest rate is comparatively better. I never faced any kind of issues with them for the home loan process. Customer service is quite good and there were no hidden charges when it comes to the loan process,.
      Was this review helpful? 0
      , pollachi
      Reviewed on Jul 04, 2017
    • HDFC Limited Home Loan
      "AVERAGE"
      0.5 3.0/5 "Satisfactory"
      After I had applied with HDFC Ltd for the home loan, I received some calls at that time I was in vacation I wasent able to talk them properly and I have no idea about rate of interest and the loan amount I had an Idea of getting is 25lakhs.
      Was this review helpful? 1
      , indore
      Reviewed on Jul 03, 2017
    • HDFC Limited Home Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      Within 5 days of time my home loan got disbursed with HDFC limited. The service with HDFC limited is quick and fast. The rate of interest is nominal with HDFC limited. I am happy about the loan amount. I am satisfied with the HDFC limited service.
      Was this review helpful? 2
      , agra
      Reviewed on Jul 01, 2017
    • 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? 1
      , 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? 2
      , 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? 4
      , bangalore
      Reviewed on Jun 23, 2017
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