Housing Development Finance Corporation has more than 3 decades of experience in sanctioning Home Loans to its customers. HDFC Home loan interest rates are very cheaper when compared to other banks with certain criteria. You have to study the HDFC housing loan eligibility before applying for a home loan.
Features and Benefits:
You can apply for housing loans either for constructing a new house or to buy a new house or to buy a old house. You can apply for the loans either singly or jointly. With the housing loan you can get more than 75% of the total amount required for housing loans. You have to get the clear details of loan interest rates and other criteria either from related websites or from the nearest branch.
You can avail another type of loan called "Home Improvement Loans". You can use this amount for any type of internal or external repairing in your house like plumbing, painting, electric works, grill works, flooring etc. The company will sanction more than 75% of the amount that would be required for the internal repair works. You can get the exact details from the nearest branch.
Home Extension Loan:
This loan is similar to home loans and it is available for the customers who want to extend their homes i.e. building new floors or want to extend their constructed area in the available land. The other terms could be obtained from similar websites.
What should you do next?
Get other details like loan eligibility criteria and other documents required for applying for a housing loan.