In terms of home loan application with HDFC limited, there was no proper communication or response received which was disappointing. I did tried emailing them twice or thrice, however no response received. It would be better if the response could be improvised.
10:42 AM - Nov 21, 2014
I did not see anything great in the rate of interest because all other banks also offering same rate 10.15% for home loan. ICICI bank has sanctioned home loan for the amount of 20,50,000. EMI date falls on 4th of every month and initially they collected post dated cheque to clear first EMI. They took only 20 days to disburse the loan amount and it is reasonable.
04:44 PM - Nov 20, 2014
Since LIC housing finance was nationalized sector we will not expect their respond all the times. Somehow they will respond at one point of time. I took one home loan long time back with lesser interest rate however now it was high with floating interest rate. It would be nice if they speed up their documentation policy
05:47 PM - Nov 19, 2014
I applied home loan with HDFC Limited which was excellent. I got my loan within a time span of 7 days which is of Rs.22 lakhs. I would say that the customer support executive took the responsibility and helped me in processing the loan without any issues. I just applied the loan and within no time I got the disbursement which is appreciable. I would also like to mention that HDFC Limited was very good in their services other than any financial corporation in the market.
10:40 AM - Nov 21, 2014
Each and every thing about home loan were shared to me by the executive through call but unfortunately I unable to take loan with Axis bank as I postponed the plan due to personal reasons. As being an existing customer of Axis bank they were not ready minimize the rate as the rate was above 12% for home loan. Hence, customer would be benefited if they decrease the rate.
03:28 PM - Nov 20, 2014
Experience was quite ok with HDFC limited however due to job stability issue, I was not able to continue further. Even the customer relationship officer did provide the actual reason of rejection of home loan and I felt happy about it as it is scope of improvisation.
05:03 PM - Nov 19, 2014
It was totally a hassle free process and I havenâ??t faced any obstacles in availing home loan from HDFC limited. Entire process was smooth in manner and I got the loan with 10.15% as the interest rate with pretty higher processing charges. The interest rate is fixed for 2 years and floating for the remaining 2 years. Overall I liked the processing.
10:16 AM - Nov 21, 2014
Axis bank is offering reasonable rate of interest for home loan and response was good. Initially I got a single call form Axis bank and that individual informed that one of the document executive would visit my place to collect documents but no one has visited for documentation. Moreover I did not get further calls from bank. Status of home loan should be informed customers, though they reject the application.
01:56 PM - Nov 20, 2014
Experience was quite ok with HDFC limited however due to job stability issue, I was not able to continue further. Even the customer relationship officer did provide the actual reason of rejection and I felt happy about it as it is scope of improvisation.
05:02 PM - Nov 19, 2014
Earlier I had one home loan from DHFL where I faced lot of hassles from them . They are showing some hidden charges like insurance with no proper clarification .Processing time was very slow. Actually they have ben charged more than what they have promised. Hence I closed my loan earlier
05:37 PM - Nov 20, 2014
As there was no positive response from HDFC limited in terms of home loan application,not able to go ahead further. Experience was good however the exact reason was given and was stated that at this time, not able to process which was not satisfactory. The good part was that they responded well and the courtesy of the customer service team was good. The disappointing part was that my home loan was getting approved however here there was no reason provided.
05:48 PM - Nov 19, 2014
I would say the facilities in HDFC limited is more than the other financial companies in the market. I had a good experience in availing home loan. I had asked for 10 lakhs however in additional for registration purpose I required 138000 which was provided by understanding my requirement. Relationship officer gave ample of time and explained everything clearly and answered all my queries. Rate of interest is 10.25% which is reasonable.
04:57 PM - Nov 19, 2014
Are legally adult enough to handle it
Have still got it
Get a regular pay check
Make more than a basic buck
EMI limited to about 50%
of monthly income
Loan capped @ 75% - 85% on property value
EMIs of other loans lower
Making your spouse a co-applicant
Choose longer tenure loans of up to 20 - 30 years
Alternatively add your parents as co-applicants
|Interest Rate (Monthly reducing balance)||10% - 10.5%|
|Processing Fees||0.5% of Loan|
|Loan Tenure||1 year to 20-30 years|
|Partial pre-payment Charges||Nil|