HDFC is the largest housing finance company in the country offering home loans at all customer segments across income, geography and property type. It offers loans to borrowers to buy, construct or renovate a house at attractive interest rates. In addition, the NBFC offers expert legal and technical counselling to help the customers make the right home buying decision. You can apply for the home loan either online or offline. Apply online is easy and hassle-free as compare to visit banks, fill up all forms, and the online process takes only a few minutes to complete.
How to take a home loan from HDFC online?
You can apply for the home loan by visiting the bank’s branch or through various online aggregators. The steps involved in both the processes are almost the same. But, in the case of online aggregators, you can compare various loan products and offers, and choose the one meeting all your requirements. Also, the loan representative will guide you through the entire loan process.
Here are the steps to apply for a home loan by visiting the bank’s website:
Step 1: Visit the official website of the HDFC.
Step 2: Apply for the home loan. Fill in your personal, employment and loan requirement details.
Step 3: Submit the required documents to the HDFC. Post this, the bank’s representative will call you for the verification for your property. Once verified, you will receive a sanction letter from the bank mentioning the details of the loan.
Step 4: The sanctioned amount will be credited to your bank account. Post this, hand over the original property documents to the bank.
Here are the steps to apply for a home loan through an online aggregator:
Step 1: Visit the website of one of the online loans marketplaces such as MyLoanCare to check and compare loan offers.
Step 2: Apply for the home loan. Fill out the application form which contains your all personal details and regarding loan requirements.
Step 3: Post this, their loan representative will call you and check your eligibility. If eligible, your request will be forwarded to the desired bank.
Step 4: The bank’s representative will call you for the verification of property. Once verified, you will receive a sanction letter from the HDFC.
Step 5: The sanctioned amount will be credited to your bank account. Once done, submit the original property documents to the bank.
How to take a home loan from HDFC offline?
In the case of the offline process, you need to visit the nearest bank’s branch. The bank’s representative will help you out to fill the home loan application which contains your personal and employment details. Post this, you will be required to submit all the important documents to the representative. Once, your all documents are verified, you will receive a sanction letter mentioning the details of the loan. The sanctioned amount will be credited to your bank account. Once done, you will have to hand over the original property documents to the bank.
Conclusion: Hence, availing an HDFC home loan has become easy due to online processes. You can sit back at home and apply for the loan without any hassle. The bank also has a pan India presence and customer friendly loan processes which allows you to get a quick loan in your city.
