Introduction

HFFC Home Loans, on Finserv MARKETS, are here to help you realize the dream of owning a home. Want to know if you are eligible for the Home Loan. No worries. The simple eligibility criteria will take you one step closer to your dream home. Check the eligibility criteria and avail your Home Loan today!

HFFC Home Loan: Eligibility Criteria

Following is the eligibility criteria you need to fulfill to get the HFFC Housing Loan.

  • Your age must be between 18-65 years.

  • If you are a salaried professional, your net monthly income must be at least Rs. 10,000.

  • If you are a self-employed applicant, your minimum Profit After Tax (PAT) must be at least Rs. 15,000 per month.

  • You must have a work experience of at least 1 year, as a salaried applicant.

  • Business vintage of minimum 3 years is required for self-employed applicants.

  • CIBIL Score of above 700 is required to be eligible for the HFFC Home Loan.

Documents Required to Apply for HFCC Home Loan

Have a look at the documents required for HFFC Home Loan: 

  • KYC: Aadhaar Card (Mandatory), PAN/Passport/Driving License for as Identity and Address proof

  • Bank statements of last 6 months

  • Salary slips of last 3 months (for salaried applicants)

  • Certificate & Proof of business existence (for self-employed applicants)

  • Form 16 / Income Tax Returns

With simple home loan eligibility criteria to fulfill, head to Finserv MARKETS today to apply for HFFC Home Loan. The benefits include loan amount of up to Rs. 25 Lakhs, minimal documentation, flexible repayment tenure of up to 240 months, minimal processing fee and much more.

Frequently Asked Questions

  • ✔️What is the eligibilty criteria for Home First Finance Home Loan?

    The criteria for HFFC Home Loan include: age between 18-65 years, net monthly income of Rs. 10, 000 and PAT of Rs. 15,000 for salaried and self-employed applicants respectively.

  • ✔️How much home loan can I get on my salary from HFFC?

    You can get a loan ranging from Rs. 1 Lakh to Rs. 25 Lakhs.

     

  • ✔️What is the minimum salary to get Home Loan from HFFC, at Finserv MARKETS?

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

  • ✔️How do you increase the HFFC Home Loan limit?

    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.