BAJAJ FINSERV DIRECT LIMITED

HomeFirst Finance Company Loan Against Property 

Apply for a HomeFirst Finance Company (HFFC) Loan Against Property on Bajaj Markets with interest rates starting at 14% p.a., loan amounts up to ₹50 Lakhs, and flexible tenures up to 20 years.

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Starting Interest Rate

14% p.a.
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Max. Loan Amount

₹50 Lakhs

Max. Tenure

20 Years

Apply for a HomeFirst Finance Company (HFFC) Loan Against Property of up to ₹50 Lakhs on Bajaj Markets and fulfil your financial needs conveniently. You can secure the necessary funding with interest rates starting from 14% p.a. 

Enjoy the flexibility of repaying the loan over a comfortable tenure of up to 20 years. You can also benefit from additional advantages such as a seamless online application process, no foreclosure charges, and more.

HomeFirst Finance Company Loan Against Property Interest Rates and Charges

HFFC offers a Loan Against Property at competitive interest rates, along with transparent charges to make borrowing affordable. Here are the interest rates and charges you need to consider:

Particulars

Details

Starting Interest Rate

14.00% p.a.

Processing Fee

1% to 1.5% deductible from the loan amount

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

Other Fees and Charges of HomeFirst Finance Company Loan Against Property

In addition to the interest rate, HomeFirst Finance Company charges certain additional fees on its Loan Against Property, as listed below:

Fees and Charges

Details

Login Fees

₹2,500 + GST

Project Appraisal Charges

Up to ₹30,000 + GST

Total Project Appraisal Charges

Up to ₹32,500 + GST

Foreclosure charges

NIL

Pre-EMI/EMI bounce charges

₹500 + applicable taxes

Default Penalty

2% per month on overdue EMIs/PEMIs + taxes for the overdue period

Legal and Incidental Charges

As per actuals

CERSAI Charges

NIL

MOE Charges

As per state laws

Document Charges (SOA/LOD/Outstanding Letter)

  • First Time: NIL 

  • Subsequently: ₹100

Conversion Charges (Floating to Fixed, Fixed to Floating)

2% on principal outstanding + applicable taxes

Documents Retrieval Charges

NIL

Repricing Fee

Up to 1.5% of principal outstanding

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

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Features and Benefits of HomeFirst Finance Company Loan Against Property

Ample Funding

You can cover your several planned and unplanned needs with high loan amounts of up to ₹50 Lakhs.

High Loan-to-Value Ratio

You can get a loan amount of up to 50% of the property value.

Affordable Interest Rates

You can enjoy the loan facility at nominal interest rates starting at just 14.00% p.a.

Extended Repayment Tenures

You can choose to repay the loan amount conveniently through EMIs over a tenure of 20 years.

No Foreclosure Charges

You can close your loan anytime, without paying any prepayment or foreclosure charges.

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HomeFirst Finance Company Loan Against Property Eligibility Criteria

You need to meet the following HFFC Loan Against Property eligibility criteria to get this loan:

  • You need to be between 21 and 70 years of age

  • For salaried employees, the minimum monthly income is ₹10,000

  • Self-employed applicants must have a minimum monthly income of ₹15,000 as Profit After Tax (PAT)

  • You need at least 1 year of work experience if salaried and 3 years if self-employed

Documents Required for a HomeFirst Finance Company Loan Against Property

You also need to submit a few documents along with your application. These documents can be different for salaried and self-employed individuals:

  • KYC documents, such as Aadhaar card, PAN card/passport, driving licence, voter ID, etc.

  • Salary slips for the last 3 months

  • Bank statement for the last 6 months

  • Form 16 or Income Tax Returns

  • Certificate and proof of existence of business (self-employed applicants)

How to Apply for HomeFirst Finance Company Loan Against Property on Bajaj Markets

You can apply for a Loan Against Property online by following these steps:

  1. Click on ‘Check Offer’ on this page

  2. Select your requirement and provide details of your profession and your contact details to check your loan eligibility

  3. Fill in the personal, professional, and property details accurately

  4. Check the loan details along with additional charges and disbursal loan amount on your screen

  5. Submit your application

  6. A loan executive will get in contact with you shortly after you complete this process

How to Check HomeFirst Finance Company Loan Against Property Status

You can track the status of your HomeFirst Finance Company Loan Against Property application online using the official portal and your registered mobile number:

  1. Visit the official website of HomeFirst Finance Company at www.homefirstindia.com

  2. Select the ‘Track Loan’ option from the top menu

  3. Enter your registered mobile number in the provided field

  4. Click ‘Continue’ to proceed and enter the OTP received

  5. Your loan application status will be displayed

Alternatively, you can reach out to customer care at loanfirst@homefirstindia.com or call anytime from Monday to Saturday between 9 AM and 6 PM.

How to Check HomeFirst Finance Company Loan Against Property Statement

You can easily view and download your HomeFirst Finance Company Loan Against Property statement online via the official customer portal: 

  1. Open the HomeFirst Finance Company customer portal

  2. Access the Login page and enter your registered mobile number and password

  3. After logging in, tap on the ‘More’ section available at the bottom

  4. Select the ‘Mini Statement’ option and choose the account you wish to check

  5. Select the period for which you wish to check the statement and tap on the ‘Search’ button

Once submitted, the statement will be available for viewing, downloading, or printing. 

HomeFirst Finance Company Loan Against Property Repayment Options

HomeFirst Finance Company offers a streamlined repayment process for loans against property through automated EMI deductions. The EMI amount is debited directly from your registered bank account on a fixed date each month, ensuring timely payments without manual effort.

An active bank account is mandatory, as all repayments are processed through it for seamless loan servicing. 

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.

Frequently Asked Questions

Can I foreclose my HFFC loan? What are the charges applicable?

Yes, you can foreclose your HFFC loan without incurring any foreclosure charges.

Yes, you may apply jointly with a family member who is a blood relative, including parents, spouse, or siblings.

Yes, you can transfer your HomeFirst Finance Company Loan Against Property to another bank through a balance transfer facility. This allows you to get better interest rates or improved loan terms. 

If you miss an EMI payment on your HomeFirst Finance Company Loan Against Property, late payment charges and a penalty may apply. This can be around 2% per month of your overdue amount plus taxes.

The repayment tenure for HomeFirst Finance Company's Loan Against Property generally ranges up to 20 years. 

Yes, NRIs can apply for a loan against property with HomeFirst Finance Company. 

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