Post by account_disabled on May 2, 2024 4:20:54 GMT 1
The taken up to Rs. crores without any minimum limit. The tenure of up to years is similar for both banks. Eligibility The applicant for both the SBI and HDFC home loan should be at least years old but the maximum age for the former is years old whereas its years old for the latter. Processing Fee The processing fee for SBIs home loan is . of the loan amount along with the service tax. But the minimum fee is Rs. . In contrast HDFC charges . of the loan amount as the processing fee or Rs. whichever is higher.
Prepayment Charges SBI does not charge any prepayment for its home Textile Mill Manufacturers Email List loan. HDFC does not either for individual applicants who have variable interest rate loans. However there is a prepayment charge for nonindividual borrowers and fixedrate loans. Application Process You can apply for both the SBI and HDFC home loan online or visit the bank and get the process completed. Pros pros that make it easy to accept the offer. Some of the benefits of SBI include the following Avail the home loan as an overdraft Long repayment tenure Special interest concession for women applicants Competitive interest rates No repayment charges Some of the benefits of the HDFC home loan include the following.
No hidden charges are involved Long repayment tenure Low interest rates Approval of loan even before selecting the property Lower EMIs for women under special promotional campaign Cons SBI implements a minimum loan amount you can take and nothing lower than that. Meanwhile HDFC has higher interest rates than the State Bank of India. Documentation The documents required for both SBI and HDFC home loans are similar. You need proof of identity residence and income for both but SBI also requires you to have property papers like an occupancy certificate permission for construction etc. Conclusion SBI and HDFC home loans.
Prepayment Charges SBI does not charge any prepayment for its home Textile Mill Manufacturers Email List loan. HDFC does not either for individual applicants who have variable interest rate loans. However there is a prepayment charge for nonindividual borrowers and fixedrate loans. Application Process You can apply for both the SBI and HDFC home loan online or visit the bank and get the process completed. Pros pros that make it easy to accept the offer. Some of the benefits of SBI include the following Avail the home loan as an overdraft Long repayment tenure Special interest concession for women applicants Competitive interest rates No repayment charges Some of the benefits of the HDFC home loan include the following.
No hidden charges are involved Long repayment tenure Low interest rates Approval of loan even before selecting the property Lower EMIs for women under special promotional campaign Cons SBI implements a minimum loan amount you can take and nothing lower than that. Meanwhile HDFC has higher interest rates than the State Bank of India. Documentation The documents required for both SBI and HDFC home loans are similar. You need proof of identity residence and income for both but SBI also requires you to have property papers like an occupancy certificate permission for construction etc. Conclusion SBI and HDFC home loans.