Are you looking to buy your dream home in Vadodara but struggling to find the right home loan provider? Look no further than HDFC Home Loans. HDFC is one of the most trusted and popular home loan providers in Vadodara, offering a wide range of home loan options to suit your needs and budget.
In this article, we will provide a comprehensive guide to HDFC Home Loans in Vadodara. We will cover everything you need to know about HDFC home loans, including the different types of loans, interest rates, eligibility criteria, documentation required, application process, and customer care. We will also provide step-by-step guides on how to use HDFC’s home loan EMI calculator and eligibility calculator.
At FundEego.com, we understand that applying for a home loan can be a daunting task. That’s why we offer our services to help you avail of HDFC home loans from the comfort of your home. Our team of experts will guide you through the entire loan application process, complete the documentation, and ensure that you get the best deal with no extra charges.
Connect with us for a hassle-free home loan from HDFC! (We do not charge anything from the customer*)
So, whether you’re a first-time homebuyer or looking to upgrade to a bigger home, read on to learn more about HDFC Home Loans in Vadodara. And if you require any assistance, don’t hesitate to contact us at FundEego.com. We are here to help you achieve your dream of owning a home in Vadodara.
Types of HDFC Home Loans in Vadodara
HDFC offers a wide range of home loan options to suit the needs and budget of every homebuyer in Vadodara. Here are the different types of HDFC home loans:
Home Purchase Loans
HDFC Home Purchase Loans are designed for individuals who want to purchase a new home. These loans can be used to buy a new house or apartment, a resale property, or a plot of land for construction.
Home Construction Loans
HDFC Home Construction Loans are designed for individuals who want to construct a new home on a plot of land they own. These loans can be used to cover the cost of construction, including the cost of materials, labor, and other expenses.
Home Improvement Loans
HDFC Home Improvement Loans are designed for individuals who want to renovate or repair their existing homes. These loans can be used to cover the cost of repairs, renovations, or upgrades, such as painting, flooring, plumbing, or electrical work.
Home Extension Loans
HDFC Home Extension Loans are designed for individuals who want to extend their existing homes. These loans can be used to cover the cost of adding an extra room, a balcony, or any other extension to the existing home.
Home Conversion Loans
HDFC Home Conversion Loans are designed for individuals who want to sell their existing home and purchase a new one. These loans can be used to cover the cost of purchasing a new home while the existing home is being sold.
Each type of HDFC home loan has its own eligibility criteria and documentation requirements. It’s important to understand the terms and conditions of each loan before applying. In the next section, we will discuss HDFC home loan interest rates.
HDFC Home Loan Interest Rates in Vadodara
HDFC Home Loan interest rates in Vadodara are competitive and vary based on the type of loan, loan amount, and loan tenure. Here’s a table of HDFC Home Loan interest rates.
| Type of Loan | Interest Rate Range | Loan Amount | Loan Tenure |
|---|---|---|---|
| Home Purchase Loans | 6.75% to 7.30% | Up to Rs. 10 Crore | Up to 30 years |
| Home Construction Loans | 6.75% to 7.30% | Up to Rs. 10 Crore | Up to 30 years |
| Home Improvement Loans | 6.75% to 7.30% | Up to Rs. 10 Crore | Up to 20 years |
| Home Extension Loans | 6.75% to 7.30% | Up to Rs. 10 Crore | Up to 20 years |
| Home Conversion Loans | 6.75% to 7.30% | Up to Rs. 10 Crore | Up to 30 years |
It’s important to note that interest rates are subject to change and may vary based on the loan amount, loan tenure, and other factors. It’s recommended to check the latest interest rates before applying for an HDFC home loan in Vadodara.
HDFC also offers special interest rates for women borrowers and for loans up to Rs. 30 lakhs. These rates are usually lower than the regular interest rates and can help borrowers save money on their home loans.
In the next section, we will discuss how to use HDFC’s home loan EMI calculator to calculate the monthly EMI for a home loan.
HDFC Home Loan EMI Calculator (Vadodara)
HDFC’s home loan EMI calculator is a useful tool that can help you calculate the monthly EMI for your home loan. The EMI calculator takes into account the loan amount, interest rate, and loan tenure to provide an estimate of the monthly EMI.
Here’s how to use HDFC’s home loan EMI calculator:
Step 1: Visit HDFC’s website
Visit HDFC’s website- Here and navigate to the home loan EMI calculator page.
Step 2: Enter the loan amount
Enter the loan amount you wish to borrow. This is the total amount of money you need to purchase or construct your home.
Step 3: Enter the interest rate
Enter the interest rate offered by HDFC for the type of loan you wish to apply for. You can find the interest rates on HDFC’s website or in the previous section of this article.
Step 4: Enter the loan tenure
Enter the loan tenure, which is the number of years you wish to take to repay the loan. HDFC offers loan tenures of up to 30 years for home loans.
Step 5: Click on “Calculate”
Click on the “Calculate” button to get an estimate of the monthly EMI for your home loan.
The EMI calculator will provide an estimate of the monthly EMI, total interest payable, and the total amount payable for the loan. This can help you plan your finances and choose the right loan amount and tenure.
In the next section, we will discuss how to use HDFC’s home loan eligibility calculator to check your eligibility for a home loan.
HDFC Home Loan Eligibility Calculator
HDFC’s home loan eligibility is based on multiple factors. The eligibility calculated taking into account your income, age, credit score, and other factors.
Here’s how to use HDFC’s home loan eligibility calculator:
Step 1: Contact FundEego
Fill up your details in the contact form above.
Step 2: Enter your personal details
Enter your personal details, such as your name, age, income, and employment status. We may also require your credit score and other financial details (The agent responsible for you home loan requirements will guide you on this)
Step 3: Enter the loan details
Enter the loan details, such as the loan amount, interest rate, and loan tenure.
Step 4: Response from Bank
FundEego Agent provides you with an estimate of your eligibility for a home loan, based on the information you have provided. This can help you plan your finances and choose the right loan amount and tenure.
It’s important to note that the eligibility calculator provides an estimate and not a guarantee of your eligibility for a home loan. The final decision on your eligibility will be made by HDFC based on your credit score, income, and other factors.
In the next section, we will discuss the processing fees and other charges associated with HDFC home loans.
HDFC Home Loan Processing Fees and Other Charges
HDFC Home Loans come with processing fees and other charges that borrowers need to be aware of. Here’s a list of the processing fees and other charges associated with HDFC Home Loans in Vadodara:
Processing Fees
HDFC charges a processing fee of up to 0.50% of the loan amount or Rs. 3,000, whichever is higher. This fee is non-refundable and needs to be paid at the time of loan application.
Prepayment Charges
HDFC does not charge prepayment charges if the borrower decides to prepay the loan amount before the end of the loan tenure.
Late Payment Charges
HDFC charges late payment charges if the borrower fails to pay the EMI on time. The late payment charges are usually a percentage of the EMI amount and can vary based on the number of days the payment is delayed.
Miscellaneous Charges
HDFC may also charge other miscellaneous charges, such as legal and technical charges, valuation charges, and stamp duty charges. These charges can vary based on the type of loan and the loan amount.
It’s important to note that the processing fees and other charges are subject to change and may vary based on the loan amount, loan tenure, and other factors. It’s recommended to check the latest fees and charges before applying for an HDFC home loan in Vadodara.
In the next section, we will discuss the documents required to apply for an HDFC home loan in Vadodara.
HDFC Home Loan Documents Required (Vadodara)
To apply for an HDFC Home Loan, borrowers need to submit a list of documents to prove their identity, income, and other details. Here’s a list of the documents required to apply for an HDFC Home Loan.
Identity Proof
- Aadhaar Card
- PAN Card
- Passport
- Voter ID Card
- Driving License
Address Proof
- Aadhaar Card
- Passport
- Voter ID Card
- Driving License
- Utility Bills (Electricity, Water, Gas)
Income Proof
- Salary Slips for the last 3 months
- Bank Statements for the last 6 months
- Form 16 or Income Tax Returns for the last 2 years
- Business Proof (for self-employed individuals)
Property Documents
- Sale Agreement
- Sale Deed
- Property Tax Receipts
- NOC from the Society or Builder
Other Documents
- Passport Size Photographs
- Duly filled and signed loan application form
- Processing fee cheque
It’s important to note that the documents required may vary based on the type of loan and the loan amount. HDFC may also request additional documents based on the borrower’s profile and creditworthiness.
In the next section, we will discuss how to apply for an HDFC home loan in Vadodara.
HDFC Home Loan Application Process
Applying for an HDFC Home Loan in Vadodara is a simple and hassle-free process. Here’s a step-by-step guide on how to apply for an HDFC Home Loan.
Step 1: Check Eligibility
Visit HDFC’s website or contact their customer care to check your eligibility for a home loan. You can also use HDFC’s home loan eligibility calculator to get an estimate of your eligibility.
Step 2: Choose the Loan Type
Choose the type of loan that best suits your needs and budget. You can choose from Home Purchase Loans, Home Construction Loans, Home Improvement Loans, Home Extension Loans, and Home Conversion Loans.
Step 3: Submit Documents
Submit the required documents, such as identity proof, address proof, income proof, and property documents, to HDFC. You can submit the documents online or in person at an HDFC branch.
Step 4: Loan Processing
HDFC will verify your documents and process your loan application. This may take a few days to a few weeks, depending on the type of loan and the loan amount.
Step 5: Loan Disbursement
Once your loan application is approved, HDFC will disburse the loan amount to your bank account or directly to the seller or builder, depending on the type of loan.
It’s important to note that HDFC may request additional documents or information during the loan processing stage. It’s recommended to keep all the required documents handy and respond promptly to any requests from HDFC.
In the next section, we will discuss HDFC’s customer care and how to contact them for any queries or assistance.
HDFC Home Loan Customer Care
HDFC Home Loan Customer Care is available to assist borrowers with any queries or assistance related to their home loan. Here’s how to contact HDFC Home Loan Customer Care:
Phone
Borrowers can call HDFC’s toll-free number 1800 258 3838 to speak to a customer care executive. The customer care executives are available from 8:00 AM to 8:00 PM on all days, except Sundays and public holidays.
Borrowers can also email HDFC’s customer care at [email protected] for any queries or assistance related to their home loan. HDFC’s customer care executives usually respond within 24 to 48 hours.
Chat
Borrowers can also chat with HDFC’s customer care executives on their website or mobile app. The chat feature is available 24/7 and can be used to get quick assistance for any queries related to HDFC Home Loans.
Branch Visit
Borrowers can also visit an HDFC branch in Vadodara to get assistance with their home loans. HDFC has 5 branches in Vadodara, and borrowers can visit the branch closest to their location. Below are the details of various branches:
VADODARA WAGHODIA ROAD
HDFC LTD., TRUPT – II, FIRST FLOOR, C-1 & 2, GAJANAND SOCIETY, UMA CROSS ROAD, VADODARA – 390019
Tel No.: 18002100018, 0265-6480799
MONDAY TO FRIDAY 9.30 AM TO 5.15 PM. CLOSED ON 3RD SATURDAY OF EVERY MONTH. OTHER SATURDAY 10 AM TO 1 PM.
RACE COURSE
HDFC LTD., HDFC HOUSE, TRIDENT, RACE COURSE,, VADODARA – 390 007
Tel No.: 18002100018, 0265-6480799
MONDAY TO FRIDAY 9.30 AM TO 5.15 PM. CLOSED ON 3RD SATURDAY OF EVERY MONTH. OTHER SATURDAY 10 AM TO 1 PM.
SAMA SAVLI ROAD
HDFC LIMITED, 45-46, 2ND FLOOR, EARTH EON, OPP URMI SCHOOL, SAMA SAVLI ROAD, VADODARA – 390002
Tel No.: 18002100018, 0265-6480799
MONDAY TO FRIDAY 9.30 AM TO 5.15 PM. CLOSED ON 3RD SATURDAY OF EVERY MONTH. OTHER SATURDAY 10 AM TO 1 PM.
VADODRA (BHAYLI )
HDFC LTD., FIRST FLOOR, 130/131/132, SWC HUB, OPPOSITE RAJPATH COMPLEX, NEAR ESSAR PETROL PUMP, VASNA – BHAYLI ROAD, BHAYLI, VADODARA – 391410
Tel No.: 18002100018, 0265-6480799
MONDAY TO FRIDAY 9.30 AM TO 5.15 PM. CLOSED ON 3RD SATURDAY OF EVERY MONTH. OTHER SATURDAY 10 AM TO 1 PM.
VADODARA MAKARPURA
HDFC LTD., UNIT NO. 01, FIRST FLOOR, RAAMA EMPERRO, NEAR SHELL PETROL PUMP, NR. DON BOSCO SCHOOL, OPP. SRP CAMPUS, AKASHVANI MAIN ROAD, MAKARPURA, VADODARA – 390009
Tel No.: 18002100016
MONDAY TO FRIDAY 9.30 AM TO 5.15 PM. CLOSED ON 3RD SATURDAY OF EVERY MONTH. OTHER SATURDAYS 10 AM TO 1 PM.
In case of any issues or complaints related to HDFC Home Loans, borrowers can also contact HDFC’s Grievance Redressal Cell. The contact details for the Grievance Redressal Cell are available on HDFC’s website.
In conclusion, HDFC Home Loans are a great option for individuals looking to purchase or construct their dream home. HDFC offers a wide range of home loan options to suit the needs and budget of every homebuyer in Vadodara. With competitive interest rates, flexible repayment options, and excellent customer care, HDFC is a trusted and reliable home loan provider.
Before applying for an HDFC Home Loan, it’s important to check your eligibility, understand the terms and conditions of the loan, and have all the required documents ready. It’s also recommended to use HDFC’s home loan EMI calculator and eligibility calculator to get an estimate of the monthly EMI and your eligibility for a home loan.
At FundEego.com, we offer our services to help you avail HDFC Home Loans from the comfort of your home. Our team of experts will guide you through the entire loan application process, complete the documentation, and ensure that you get the best deal with no extra charges.
So, if you’re looking to buy your dream home, contact us at FundEego.com and let us help you achieve your dream of owning a home in Vadodara with HDFC Home Loans.
