✓ Home Loan from ₹2 Lakhs to ₹15 Crores ✓ Interest Rates Starting @ 8.50% Check Eligibility

Get a Home Loan from Home First Finance Company (HFFC) on Bajaj Markets and fund up to 90% of your property purchase. This affordable home loan is available at interest rates, starting from 9.50% p.a. What’s more! You can receive the sanctioned amount within 48 hours, once your application is approved and verified.

Interest Rates and Charges

Provided below are the interest rates and other charges associated with this home loan.

Interest Rate (Floating Rate)

9.50% p.a. onwards

Processing Charges

₹9,990 - ₹24,990 in addition to the applicable GST

Foreclosure Charges

Nil

Penalty Interest Rate (charged on late EMI payments)

Up to 2% per month

EMI Bounce Charges

₹500 + 18% GST

Disclaimer: The above-mentioned rates are subject to change at the lender’s discretion.

Features and Benefits

High Loan Amount

You can get a home loan of up to ₹40 Lakhs to buy your dream home

Attractive Interest Rates

Get a home loan at nominal interest rates, starting from as low as 9.50% p.a.

Auto Prepayment Facility

With this facility, you can pay an extra amount towards your principal outstanding every month and save on interest

Property Value

You can borrow amounts of up to 90% of the property value

Multiple Purposes

Use the loan amount to build a home, construct another floor, or renovate it

HFFC Home Loan

Eligibility Criteria and Documents Required

Here are some important eligibility criteria you will be required to fulfil to qualify for an HFFC Home Loan:

  • You must be either a Non-Indian Resident of India (NRI), an Indian resident, or a Person of Indian Origin (PIO)

  • You must be either a salaried or a self-employed individual

  • Your credit score should be 750 or above 

  • As a salaried individual, you should have a minimum monthly salary of ₹10,000 

  • As a self-employed individual, you should have a minimum PAT of ₹15,000 per month

  • Other factors like your income, credit history, and existing financial obligations will also be considered

  •  

In addition to this, you will also be required to submit certain documents when applying for the loan. Here is a list of documents required for this home loan:

  • Identity Proof: PAN card/Aadhaar card/Passport/Driving licence, among other government-issued credentials bearing your name and photograph

  • Residence Proof: Passport/Ration card/Aadhaar card/latest utility bills/rental agreement

  • Income Proof:

  1. For salaried professionals: Salary slips of the last three months, latest Form 16, and income tax returns

  2. For self-employed individuals: Latest income tax returns, profit and loss statements, and balance sheets of the last three years

  • Other financial documents, such as bank statements of the last six months

  • Passport-size photographs

Read More

How to Apply?

Follow the steps provided below to apply for this home loan from the comfort of your home on Bajaj Markets:

  • Click on the ‘Apply Now’ option on this page

  • Enter your personal and income details in the online application form

  • Select ‘Home First Finance Company (HFFC)’ from the list of lending partners

  • Fill in your required home loan amount and details of the property

  • Click on ‘Submit’

Home First Finance Company Home Loan

FAQs

Is a guarantor required to get an HFFC home loan for senior citizens?

Yes, it is necessary to get a guarantor if you are a senior citizen. In any other cases, it is not mandatory to have a guarantor.

What is the minimum income required to get HFFC home loan?

For a salaried employee, the required minimum monthly salary to be eligible for an HFFC Home Loan is about ₹10,000. Meanwhile, for a self-employed applicant, the minimum PAT must be around ₹15,000.

Do I get tax benefits on a Home Loan from HFFC?

Yes. Sections 24 (B) and 80 (C) of the Indian Income Tax Act of 1961 allow Indian residents to avail tax benefits on the principal amount and interest payments for a home loan.

Home
active_tab
Offers
active_tab
Download App
active_tab
Credit Score
active_tab