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

Avail HFFC home loan from Bajaj Markets with 90% of the property value as a home loan with affordable HFFC interest rates starting at 9.50% p.a.


One of the striking features of the Home First Finance home loan is its quick disbursal period. When you apply for a Home First Finance Company home loan, the approved loan amount gets credited to your bank account within 48 hours, provided you meet the eligibility criteria.

HFFC Home Loan Interest Rates and Charges 2023

HFFC Home Loan Rate (Floating Rate)

9.50% p.a. onwards

Loan Amount

Up to 90% of the value of the property can be availed

Processing Charges

₹9,990 - ₹21,990 in addition to the applicable GST

Foreclosure Charges


Penalty Interest Rate (charged on EMIs that are paid late)

Up to 2% per month

EMI Bounce Charges (if the EMIs are paid through cheques)

₹500 + 18% GST

Disclaimer: Above-mentioned rates and loan particulars are subject to change at the lender’s discretion. 


As you are familiar with HFFC home loan rate of interest along with other charges, here is a breakdown of the processing charges, depending on the type of loan.

Type of Home Loan

Processing Fee (exclusive of GST)

Home loan for salaried people

Anywhere between ₹9,990 - ₹21,990

Home loan for self-employed people

Anywhere between ₹11,990 - ₹23,990

Loan for home construction

  • For Salaried: ₹11,990 - ₹23,990
  • For Self-employed: ₹13,990 - ₹24,990

Loan for home renovation and/or extension

  • For Salaried: ₹11,990 - ₹23,990
  • For Self-employed: ₹13,990 - ₹24,990

Home loan for NRIs

  • For Salaried: ₹9,990 - ₹21,990
  • For Self-employed: ₹11,990 - ₹23,990

Home loans for senior citizens

  • For Salaried: ₹9,990 - ₹ 21,990
  • For Self-employed: ₹11,990 - ₹23,990

Home loan balance transfer facility

  • For Salaried: ₹11,990 - ₹23,990
  • For Self-employed: ₹13,990 - ₹24,990

Home loan top-up facility

The applicable processing fees will be subject to the existing home loan amount.

Disclaimer: Above-mentioned loan particulars are subject to change at the lender’s discretion. 

Compare HFFC Home Loan With Other Partners

Now that you know HFFC home loan processing fees in detail, here is a tabulated comparison of HFFC home loan interest rates with other lending partners on Bajaj Markets. 

Name of the Financial Institution

Interest rates (% p.a.)

Bajaj Housing Finance Limited

8.50% onwards


9.00% onwards

India Shelter

10.50% onwards

Kotak Mahindra Bank

9.00% onwards 

LIC Housing Finance

8.65% onwards

PNB Housing Finance LImited

8.50% onwards

Shriram Housing Finance

11.50% onwards

Shubham Housing Finance

10.90% onwards

Union Bank of India Limited

8.50% onwards

Disclaimer: Interest rates are subject to change as per the change in the financial institution’s terms and policies.

HFFC Housing Loan - Features & Benefits

Loan Amount

You can get an affordable home loan with a maximum amount of up to ₹40 lakhs to buy your dream home.

Attractive Interest Rates

Fulfil all the eligibility criteria and get a loan at nominal HFFC home loan interest rates, starting from 9.50%.

Auto Prepayment Facility

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

Property Value

 You can get up to 90% of the property value.

Loans for Different Purposes

Be it building a home on your property, adding another floor, or refurbishing it, you can use the HFFC home loan for different purposes.
HFFC Home Loan

HFFC Home Loan Eligibility

Meeting the HFFC eligibility criteria is important to enjoy hassle-free approval on home loans:

Borrower’s Profile

Non-Resident Indians (NRIs)/Indian Residents/Persons of Indian Origins (PIOs)

Type of Employment

Self-employed or salaried individuals

Credit Score Requirements

Equal to or above 750

Income Criteria

The same will vary on a case-to-case basis

In addition to those mentioned above, your home loan approval will also depend on factors such as the following:

  • Current income of your family

  • Your credit score history

  • Existing financial obligations


Note that the same will also depend on the type of home loan you opt for. This is why knowing the Home First Finance rate of interest and other essential information is key to borrowing wisely.

Documents Required for HFFC Home Loan

Apart from submitting a copy of the duly filled and signed home loan application form, you must submit the following HFFC home loan documents:

  • 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, or rental agreement

  • Income proof for salaried professionals: Latest salary slips for three months, latest Form 16, and income tax returns

  • Income proof for self-employed individuals: Latest income tax returns, profit and loss statements, and balance sheets of the previous three years

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

  • Passport-size photographs

How to Apply for HFFC Home Loan Online

Applying for a Home First Finance Company home loan on Bajaj Markets is straightforward. Simply follow the steps mentioned below:

  • Click on the ‘Apply Now’ tab in the ‘Home Loan’ section

  • Enter your personal and income details and get instant home loan eligibility

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

  • Check the home loan amount you can avail

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

  • Find out your loan details, associated charges and net disbursal amount Furthermore, a loan expert will contact you to process your application further. Finally, you can clarify doubts about processing charges and Home First Finance interest rates

HFFC Home Loan FAQs

Currently, there are no penalty charges for prepaying the HFFC home loan.

The maximum loan repayment period for Home First Finance Company (HFFC) home loans is 240 months.

There are no prepayment charges on loan.

You can apply for a HFFC Loan on Bajaj Markets by visiting the home loan page and filling the easy application form. The entire process is digital and hassle-free.

Yes, it is necessary to get a guarantor if you are a senior citizen.

When availing a home loan, your blood relatives or spouse can be your co-applicants.

Yes, you have to provide Indian residence details as an NRI when applying for a home loan.

The exact Home Loan amount disbursed depends on the salary as well as various other factors such as age, credit history, and financial obligations. You can use the Home Loan eligibility calculator to get a better idea of the Home Loan amount you might be eligible for.

If you are a salaried employee, the minimum net monthly salary must be ₹10,000. As a self-employed applicant, the minimum PAT must be ₹15,000.

Based on your CIBIL Score, income, repayment history, details of the co-applicant, you can get in touch with your lender to increase the HFFC Home Loan limit.

You can avail a home loan of ₹40 Lakhs from HFFC for a tenure of 20 years at an interest rate starting from 9.50% per annum. The exact rate of interest applicable might vary based on your credit profile.

You can reduce your interest rate on Home Loan by lowering your repayment tenure or going for prepayment.

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

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