Overview of Home Loan in Sector 64, Faridabad

Loanpao offers Home Loans in Sector 64, Faridabad for 2025, ideal for purchasing residential properties. With rates from 8.5% p.a., loans up to ₹50 lakh, and tenures up to 20 years, secure your dream home with ease.

Eligibility for Home Loan in Sector 64, Faridabad

Criteria Details
Applicant Type Salaried or self-employed residents of Sector 64
Age 21-65 years
Income Minimum ₹25,000/month (salaried) or ₹5 lakh/year (self-employed)
Credit Score 700 or above preferred
Employment/Business Tenure Minimum 2 years

Documents Required for Home Loan in Sector 64, Faridabad

  • Identity Proof: Aadhaar, PAN card, or passport.
  • Address Proof: Utility bill or Rental Agreement for Sector 64 address.
  • Income Proof: 6 months’ salary slips or 2 years’ ITR for self-employed.
  • Bank Statements: 6 months’ statements (personal or business).
  • Property Documents: Sale agreement, title deed, or approved plan.
  • Photographs: 2 passport-sized photos.

Benefits of Home Loan in Sector 64, Faridabad

  • Competitive rates starting at 8.5% p.a. for affordable EMIs.
  • Loans up to ₹50 lakh for residential properties in Sector 64.
  • Flexible tenures up to 20 years to suit your financial plan.
  • Tax benefits under Sections 24, 80C, and 80EEA (as applicable in 2025).
  • Fast approval within 3-5 days in Faridabad.
  • Online application with e-KYC for seamless experience.
  • Loanpao’s expert support for home loans in Sector 64.

Factors Affecting Home Loan Approval in Sector 64

Credit Score

A score above 700 ensures better approval chances and lower rates.

Income Stability

Consistent income of ₹25,000/month (salaried) or ₹5 lakh/year (self-employed) strengthens applications.

Employment/Business Tenure

At least 2 years of stable employment or business operations improves approval prospects.

Debt-to-Income Ratio

Lower existing debts enhance eligibility for higher loan amounts.

How to Apply for Home Loan in Sector 64, Faridabad

Secure a Home Loan in Sector 64, Faridabad with these steps:

  1. Visit loanpao.in and select "Home Loan Sector 64, Faridabad."
  2. Fill out the online application form.
  3. Upload identity, address, income proof, bank statements, property documents, and photos.
  4. Complete e-KYC verification for Sector 64 applicants.
  5. Get approval within 3-5 days and start your home purchase!

Check Home Loan Eligibility in Sector 64, Faridabad

Verify your eligibility for Home Loans with Loanpao:

  • Confirm minimum income of ₹25,000/month or ₹5 lakh/year.
  • Ensure credit score of 700+ and low existing debts.
  • Verify employment or business tenure of at least 2 years.
  • Provide property documents for quick evaluation.

Loanpao instantly evaluates your eligibility for Home Loans in Faridabad.

Check Eligibility Now

Track Your Home Loan Application in Sector 64, Faridabad

Monitor your loan application with Loanpao’s tracker:

  • Enter your application ID on the Loanpao Tracker page.
  • View real-time status (e.g., under review, approved, disbursed).
  • Receive updates on e-KYC, document, and property verification in Sector 64.
  • Contact Loanpao for support with delays in Faridabad.
Track Application Now

Compare Home Loans in Sector 64, Faridabad

Explore top Home Loan options in Sector 64, Faridabad for 2025:

Provider Interest Rate Loan Amount Tenure Processing Fee
Loanpao Home Loan 8.5% p.a. Up to ₹50 lakh Up to 20 years 0.5% of loan amount
Bank A 8.7% p.a. Up to ₹40 lakh Up to 15 years 1% of loan amount
Bank B 9% p.a. Up to ₹30 lakh Up to 10 years 1.5% of loan amount

FAQs on Home Loans in Sector 64, Faridabad

Salaried or self-employed residents of Sector 64, aged 21-65, with minimum income of ₹25,000/month or ₹5 lakh/year.

Rates start at 8.5% p.a., depending on credit score, income, and property type.

Approvals take 3-5 days, depending on document and property verification.

Loanpao offers up to ₹50 lakh for Home Loans in Sector 64, Faridabad.

Identity proof, address proof, 6 months’ salary slips or 2 years’ ITR, 6 months’ bank statements, property documents, and 2 photographs.

Yes, Loanpao offers online applications with e-KYC for Sector 64 applicants.

Missing an EMI may incur penalties and affect your credit score, impacting future loans.

Yes, tax deductions are available under Sections 24, 80C, and 80EEA, subject to 2025 regulations.

Tenures can extend up to 20 years, depending on the loan amount and applicant profile.

Loanpao offers zero or low prepayment charges, depending on the loan terms.