Home Loan
Make Your Dream Home a Reality – Compare, Calculate & Apply with Ease!
Introduction:
At Loan Shopie, we know that a home loan is more than just a financial decision—it’s a step toward fulfilling your dreams. Your home is a reflection of your aspirations, a place where you create memories, celebrate milestones, and find comfort.
With HDFC Bank Home Loans, offered through Loan Shopie, you can turn your vision into reality. Whether you’re purchasing your first home or upgrading to a better space, we provide the support you need to make homeownership seamless and stress-free.
Home Loan EMI Calculator
EMI: ₹0
Home Loan Interest Rates
All rates are benchmarked to Policy Repo Rate. Current applicable Repo Rate = 6.00%
| Special Housing Loan Rates for Salaried & Self Employed (Professionals & Non-Professionals) | |
|---|---|
| Loan Slab | Interest Rates (% p.a.) |
| For All Loans* | Policy Repo Rate + 2.50% to 3.35%= 8.50% to 9.35% |
| Standard Housing Loan Rates for Salaried & Self Employed (Professionals & Non-Professionals) | |
|---|---|
| Loan Slab | Interest Rates (% p.a.) |
| For All Loans* | Policy Repo Rate + 2.70% to 3.55%= 8.70% to 9.55% |
Home Loan: Key Features
Customised Repayment Options
Tailor-made home loans to suit your requirements
Legal & Technical Counseling
Save more with competitive interest rates
Xpress Home Loans
✔️ Approval in 3 simple steps
✔️ Fully Digital
✔️ Do It Yourself Process
✔️ Available for HDFC Bank & also other banks customers
Easy Documentation
Apply with minimal documents, save time and effort.
Online Loan Account
Login to your account to conveniently manage your loan
Home Loan Products
Home Loan
Turn your dream of owning a home into reality with Loan Shopie. Get flexible home loan options with quick processing, low interest rates, and expert guidance every step of the way.
Plot Loans
We know that buying land is the first big step toward building your dream home. Our Plot Loans come with flexible terms, competitive interest rates, and a hassle-free process—so you can focus on planning your future, not the paperwork.
Rural Housing Loan
Our Rural Housing Loans are designed to support families in villages and small towns with affordable interest rates, simple documentation, and quick approvals, helping you build or buy a home in the place you truly belong.
NRI Home Loans
Though you're working abroad, owning a home in India is a connection to your roots. We make that possible with specially tailored NRI Home Loans—easy processing, expert guidance, and loan options that work around your schedule and needs.
Home Renovation Loan
Your home deserves a makeover. With our Home Renovation Loan, you can upgrade your space—be it a fresh coat of paint, a modular kitchen, or a complete redesign—with easy financing, quick approvals, and minimal paperwork.
Home Extension Loan
Our Home Extension Loan helps you add that extra room, floor, or space you've been planning—with flexible terms, fast approvals, and a smooth borrowing experience to support your expansion dreams.
Top Up Loans
Need extra funds? Our Top-Up Loan allows you to borrow more on your existing home loan with easy approvals and competitive rates.
All you need to know about Home Loan
| A | Sr.No. | Mandatory Documents |
|---|---|---|
| 1 | PAN Card or Form 60 (If the customer does not have a PAN Card) | |
| B | Sr.No. | Description of Officially Valid Documents (OVD) that can be accepted for establishing the legal name & current address of Individuals*[Any one of the following documents can be submitted] |
| 1 | Passport, the validity of which has not expired. | |
| 2 | Driving license which has not expired. | |
| 3 | Election /Voters identification card | |
| 4 | Job card issued by NREGA duly signed by the officer of the State Government | |
| 5 | Letter issued by the National Population Register containing details of name, address. | |
| 6 | Proof of possession of Aadhaar Number (to be obtained voluntarily) |
A document mentioned above shall be deemed to be an OVD even if there is a change in the name subsequent to issuance provided it is supported by a marriage certificate issued by State Government or Gazette notification, indicating such a change of name.
| Document | Salaried | Self Employed Professional | Self Employed Non Professional |
|---|---|---|---|
| Last 3 months’ Salary Slips | Yes | N/A | N/A |
| Last 6 months’ Bank Statements, showing salary credits | Yes | N/A | N/A |
| Latest Form-16 and IT returns | Yes | N/A | N/A |
| Income Tax Returns along with computation of income for at least the last 2 Assessment Years (of both the individual and the business entity and attested by a CA) | N/A | Yes | Yes |
| At least last 2 years’ Balance Sheet and Profit & Loss A/c Statements, with Annexures / Schedules (of both the individual and the business entity and attested by a CA) | N/A | Yes | Yes |
| Last 12 months’ Current A/c Statements of the business entity and Savings Account Statements of the individual | N/A | Yes | Yes |
Processing Fees & Charges
| Processing Fees & Charges | |
|---|---|
| Fees for Resident Housing Loan/ Extension/ House Renovation Loan/ Refinance of Housing Loan/ Plot Loans for Housing (Salaried, Self-Employed Professionals) | Upto 0.50% of the loan amount or Rs. 3300/- whichever is higher + applicable taxes / statutory levies. Minimum Retention Amount: 50% of applicable fees or Rs. 3300/- +applicable taxes/statutory levies whichever is higher |
| Fees for Resident Housing/ Extension/ Renovation/ Refinance/ Plot Loans for Self Employed Non-Professionals. | Upto 1.50 % of the Loan amount or Rs. 5000/- whichever is higher+ applicable taxes / statutory levies. Minimum Retention Amount: 50% of applicable fees or Rs. 5000/- +applicable taxes/statutory levies whichever is higher |
| Fees for NRI Loans | Upto 1.50% of the Loan amount or Rs. 3300/- whichever is higher + applicable taxes / statutory levies and charges. Minimum Retention Amount: 50% of applicable fees or Rs. 3300/-+applicable taxes/statutory levies whichever is higher |
| Fees for Value Plus Loans | Upto 1.50% of the Loan amount or Rs. 5000/- whichever is higher + applicable taxes / statutory levies and charges. Minimum Retention Amount: 50% of applicable fees or Rs. 5000/-+applicable taxes/statutory levies whichever is higher |
| Fees for Loans under HDFC Bank Reach Scheme | Up to 2.00% of the loan amount+ applicable taxes / statutory levies. Minimum Retention Amount: 50% of applicable fees or Rs. 3300/-+applicable taxes/statutory levies whichever is higher |
| Re-appraisal of loan after 6months from date of sanction | Salaried / Self employed Professional-Upto Rs. 3300/- + applicable taxes/ statutory charges For Self-Employed Non-Professionals/ NRI/ Value Plus Loans/ HDFC Reach Scheme/- Upto Rs. 5000/- + applicable taxes + statutory charges |
| Increase in Loan amount | For loan amount increase fees applicable under processing charges shall be levied. |
Other Charges
| Other Charges | |
|---|---|
| Delayed Instalment Payment Charges | A maximum of 18% P. A. on overdue instalment amounts. |
| Incidental Charges | Incidental charges and expenses are levied to cover the cost, charges, expense and other monies as per actuals applicable to a case. |
Stamp Duty/ MOD/ MOE/ Registration | As applicable in the respective States. |
Fees/Charges levied by Regulatory /government entities such as CERSAI | As per actual charges/ fee levied by Regulatory bodies + applicable taxes/ statutory levies |
Fees/Charges levied by such third parties such as mortgage guarantee company | As per actual fee/ charges levied by any third party(ies) + applicable taxes/ statutory levies |
• 10% discount to senior citizens on all the service charges
Home loan eligibility is primarily dependent on income and repaying capacity . Other important factors include the customer’s profile, age at loan maturity, age of property at loan maturity, investment and savings history etc.
| Important Factor | Criteria |
|---|---|
| Age | 18-70 years |
| Profession | Salaried / Self Employed |
| Nationality | Resident Indian |
| Tenure | Up to 30 years |
For Purchase of a New Home
| Document | Salaried | Self Employed Professional | Self Employed Non Professional |
|---|---|---|---|
| Copy of the Allotment Letter / Buyer Agreement | Yes | Yes | Yes |
Receipt/(s) of payment/(s) made to the developer | Yes | Yes | Yes |
For Purchase of a Resale Home
| Document | Salaried | Self Employed Professional | Self Employed Non Professional |
|---|---|---|---|
| Title Deeds including previous chain of the property documents | Yes | Yes | Yes |
| Receipt/(s) of initial payment/(s) made to the seller | Yes | Yes | Yes |
| Copy of the agreement to sell (if already executed) | Yes | Yes | Yes |
For Constructing a Home on a N.A. Plot
| Document | Salaried | Self Employed Professional | Self Employed Non Professional |
|---|---|---|---|
Title Deeds of the Plot | Yes | Yes | Yes |
| Proof of no encumbrances on the property | Yes | Yes | Yes |
Copy of the plans, approved by the Local Authorities | Yes | Yes | Yes |
| Construction estimate by an Architect / Civil engineer | Yes | Yes | Yes |
| Document | Salaried | Self Employed Professional | Self Employed Non Professional |
|---|---|---|---|
| Own Contribution Proof | Yes | Yes | Yes |
Employment Contract / Appointment Letter in case current employment is less than year old | Yes | ||
Last 6 months’ Bank Statements showing repayment of any ongoing loans | Yes | Yes | Yes |
Passport size photograph of all the applicants / co-applicants to be affixed on the Application form and signed across. | Yes | Yes | Yes |
Cheque for processing fee favouring HDFC Bank | Yes | Yes | Yes |
Business Profile | Yes | Yes | |
Latest Form 26 AS | Yes | Yes | |
List of Directors and Shareholders with their individual shareholding certified by a CA / CS in case of the business entity being a company | Yes | Yes | |
Memorandum and Articles of Association of the Company | Yes | Yes | |
Partnership deed in case of the business entity being a partnership firm | Yes | Yes | |
Details of ongoing loans of the individual and the business entity including the outstanding amount, instalments, security, purpose, balance loan term, etc. | Yes | Yes |
*All documents to be self-attested. The above list is indicative in nature and additional documents can be asked for.
Classification Of Self Employed
| Self-Employed Professional | Self Employed Non-Professional (senp) |
|---|---|
| Doctor, Lawyer, Chartered Accountant, Architect, Consultant, Engineer, Company Secretary etc. | Trader, Commission Agent, Contractor etc. |
How does adding a co-applicant benefit? *
Higher loan eligibility with an earning co-applicant.
*All co-applicants need not be co-owners. But all co-owners need to be co-applicants to the loans. Generally, co-applicants are close family members.
| Maximum Funding** | |
|---|---|
| Loans up to and including ₹30 lacs | 90% of the property cost |
| Loans from ₹30.01 lacs to ₹75 lacs | 80% of the property cost |
| Loans above ₹75 lacs | 75% of the property cost |
**Subject to market value of the property and repayment capacity of the customer, as assessed by HDFC Bank.
FAQs on Home Loan
You are required to pay 10-25% of the total property cost as ‘own contribution depending upon the loan amount. 75 to 90% of the property cost is what can be availed as a housing loan. In case of construction, home improvement and home extension loans, 75 to 90% of the construction/improvement/extension estimate can be funded.
You can apply for a home loan in 5 simple steps:
- Sign Up / Register
- Fill out the home loan application form
- Upload required documents
- Pay the processing fee
- Receive loan approval
You can also apply online for a hassle-free experience.
The eligibility criteria depend on factors like:
- Age and employment type (salaried or self-employed)
- Monthly income and credit score
- Property value and loan repayment capacity
To check your eligibility, contact Loan Shopie for expert guidance and personalized assistance.