You can easily use independently or jointly for the loan. All proposed owners of the home shall need to be co-applicants. Nonetheless, all co-applicants will not need to be co-owners. Generally speaking co-applicants are close members of the family.
- Medical Practitioner
- Lawyer
- Chartered Accountant
- Architect
- Consultant
- Engineer
- Business Secretary, etc.
- Investor
- Commission Agent
- Contractor etc.
You could distribute your payments out for the loan over a maximum term of 15 years.
The tenure associated with the loan can also be determined by the customer’s profile, chronilogical age of client at readiness of loan, chronilogical age of home at loan readiness, based upon the certain repayment scheme as can be opted and just about every other terms which can be applicable centered on predominant norms of HDFC.
Documents and costs
For Resident Indians
After will be the papers you will have to submit for several applicants / co-applicants along side the signed and completed Application Form for loan approval: