HDFC home loan
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I need a home loan, and I selected HDFC for that, so tell me what are the key eligibility criteria and documentation required for applying for an HDFC home loan?
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@RohanM_Trekker to apply for an HDFC home loan, you must meet basic eligibility criteria, such as being between 21 and 65 years old, having a stable income, maintaining a good credit score, and demonstrating repayment capacity. Required documents generally include proof of identity and address, income documents (salary slips, bank statements, and ITRs), and property papers such as the sale deed and approved plan, along with photographs and a processing fee cheque.
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Considering the strict age, income, and documentation requirements, wouldn’t it be more practical to first confirm the minimum credit score and the exact debt-to-income ratio that HDFC evaluates before submitting all the documents and paying the processing fee?