Buy your dream home with an HFFC Home Loan at low interest rates starting from 9% p.a. Get loan amounts up to ₹50 lakhs with tenure up to 20 years.
Starting Interest Rate
Max. Loan Amount
Max. Tenure
Get a home loan from Home First Finance Company (HFFC) on Bajaj Markets to fund your property purchase. Borrow up to ₹50 Lakhs at low interest rates, starting from 9% p.a. By applying on Bajaj Markets, you can benefit from repayment tenures of up to 20 years.
Also, enjoy minimal documentation and quick disbursal, once your application is approved and verified.
HFFC Home Loan interest rates are competitive, catering mainly to first-time homebuyers. Provided below are the interest rates and other charges associated with the HFFC Home Loan:
| Particulars |
Details |
|---|---|
| Starting Interest Rate |
9% p.a. onwards |
| Starting Interest Rate (affordable) |
12% p.a. onwards |
| Foreclosure Charges |
NIL |
| Part-payment Charges |
NIL |
Disclaimer: The mentioned rates are subject to change at the lender’s discretion.
The HFFC housing loan also includes several additional charges other than the borrowing cost. Here are some additional charges applicable:
| Particulars |
Details |
|---|---|
| Default Penalty |
Up to 2% per month on overdue + taxes |
| EMI Bounce Charges |
₹500 + taxes |
| Regularisation Fee (for NPA cases) |
₹10,000 |
| Recovery Fee (for sale of property in NPA cases) |
2% of the sale amount |
| CERSAI Charges |
NIL |
| Document Charges (SOA/LOD/Outstanding Letter) |
First Time NIL, subsequently ₹100 |
| Documents Retrieval Charges |
NIL |
| Repricing Fee |
Up to 1.5% of Principal Outstanding |
Disclaimer: The mentioned rates are subject to change at the lender’s discretion.
You can get a home loan of up to ₹50 Lakhs to buy your dream home.
Get a home loan at nominal interest rates, starting from as low as 9% p.a.
With this facility, you can pay an extra amount towards your principal outstanding every month and save on interest.
You can use the loan amount to build a home, construct another floor, or renovate it.
Receive the sanctioned loan amount promptly after your application is approved, ensuring minimal delays in your home-buying process.
Apply easily through the official HFFC website or via the Bajaj Markets platform, offering a seamless digital experience.
You have the flexibility to part-prepay or foreclose your loan at any time without incurring additional fees.
Here are some important eligibility criteria you will be required to fulfil to qualify for an HFFC Home Loan:
Indian resident
If you are salaried, your age must be between 23 and 67 years
If you are self-employed, your age must be between 23 and 70 years
Minimum 3 years of work experience if you are salaried
Minimum 5 years of experience in running a successful business if you are self-employed
Additionally, other factors like your credit history and existing financial obligations are considered when assessing your loan eligibility.
You will be required to submit certain documents when applying for the HFFC housing loan. Here is a list of HFFC Home Loan documents required for this home loan:
Identity Proof: Any one of the following
PAN card
Aadhaar card
Passport
Driving licence
Voter ID
Residence Proof: Any one of the following
Passport
Aadhaar card
Latest utility bills
Sale deed or property tax
Income Proof:
For salaried professionals: Salary slips of the last three months, latest Form 16, and ITR copies for the last 2 years, bank statement
For self-employed individuals: IT returns of the last 2 years, and balance sheets from a certified CA, P&L statement for the last 3 years, degree certificates, or business license details, and TDS certificate
Disclaimer: Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.
HFFC provides a diverse range of home loan solutions tailored to suit different financial and housing requirements. Each loan type is designed to offer flexibility, convenience, and support for your specific goals. The available options include:
Ideal for purchasing a new residential property. This loan covers a significant portion of the property’s cost and offers flexible repayment options.
Designed for individuals planning to construct a home on their own land. It ensures seamless funding throughout the construction process.
Suited for those buying a pre-owned or previously occupied property. HFFC Home Loan interest rates are competitive and come with fast approval.
A secured loan that allows you to mortgage an existing property to access funds for personal or business purposes, without selling the asset.
Offers financial assistance for purchasing commercial spaces such as shops or retail units, supporting business growth and investment plans.
Intended for home improvements, repairs, or upgrades. This loan enables you to enhance your property without depleting your savings.
Available to existing HFFC borrowers, this option provides additional funding over your ongoing home loan with minimal documentation and processing.
You can apply for an HFFC housing loan online on the Bajaj Markets website in a few minutes. Have a look at the steps below to apply:
Click the ‘CHECK OFFER’ button on the page
Enter your personal details in the online application form.
Enter the home loan amount and your preferred tenure
Submit the application form for verification
Tracking the status of your HFFC Home Loan application is simple and convenient with the online loan tracking facility. Here is how:
Visit the official HFFC website
Click on the ‘Loan Tracking’ option on the homepage
Enter the registered mobile number used during your loan application
Click ‘Continue’ to view the current status of your home loan
For assistance, contact HFFC’s customer support at loanfirst@homefirstindia.com, Monday to Saturday, between 9:00 AM and 6:00 PM
You can access your HFFC Home Loan statement through the official mobile app, which allows real-time tracking of payments, outstanding balances, and loan details:
Download the official HFFC mobile app from the Play Store or App Store
Log in using your registered credentials
Go to the ‘Loans’ section on the homepage
Select your loan account to view the details
Choose the ‘Mini Statement’ or ‘Recent Payments’ option to check your repayment history and outstanding balance
HFFC provides a straightforward, automated EMI-based repayment system for home loan customers. Once the loan is approved, the EMI amount is directly debited from your bank account each month. The fixed EMI includes both the principal and interest components, ensuring consistent and timely repayments.
Regardless of whether you are salaried or self-employed, you are required to submit an ACH mandate at the time of loan approval. HFFC also offers the flexibility to prepay your loan, including the option to increase your EMI amount to reduce the principal and shorten the loan tenure.
To ensure uninterrupted auto-debits, it is essential to maintain sufficient funds in your linked bank account.
Home First Finance Company offers home loans with interest rates starting from 9% p.a. The final rate of interest will be based on key factors like monthly income, occupation, capacity to repay, and more.
Yes, it is necessary to get a guarantor if you are a senior citizen. In any other case, it is not mandatory to have a guarantor.
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.
You can get a home loan amount of up to ₹50 Lakhs. Apply via Bajaj Markets and enjoy a streamlined process and quick disbursal of the amount.
Yes. Sections 24 and 80 (C) of the Indian Income Tax Act of 1961 allow Indian residents to get tax benefits on the principal amount and interest payments for a home loan.
Both new and current customers of HFFC can apply for their home loans, extension loans, and renovation loans.
Yes, you must have an Indian residential address to qualify for an HFFC Home Loan.
You can assign a family member or a close friend as your co-applicant when applying for the Home First NRI Home Loan.
Typically, the processing fee is a percentage of the sanctioned loan amount, along with applicable taxes. Check with HFFC or your loan representative for the exact charges before applying.
Yes, HFFC provides home loans for both resale and under-construction properties. These loan options are listed under their offerings on the official website.
No, HFFC does not levy any charges for prepayment or foreclosure of home loans. Both are permitted at zero cost, offering flexibility in repayment.
HFFC generally processes home loan applications within 48 hours, subject to successful document verification and eligibility assessment.
Yes, you can apply for a joint home loan with a family member. Doing so may enhance your overall loan eligibility.
Yes, HFFC offers a balance transfer facility that allows you to shift your existing home loan from another lender.
HFFC customer support assists with new loan applications, existing loan queries, complaints, EMI payments, account statements, prepayment requests, and technical concerns.