Overview of Home Loan in Hodal
Hodal, a growing town in Haryana’s Palwal district, is an emerging destination for homebuyers. Home loans in Hodal for 2025 offer financing for purchasing, constructing, or renovating homes, with competitive rates starting at 8.50% p.a. Lenders like AAVAS Financiers, Bajaj Housing Finance, and SBI provide loans up to ₹15 crore with tenures up to 30 years. Loanpao helps Hodal residents compare offers, check eligibility, and apply online, leveraging PMAY benefits for eligible applicants.
Eligibility Criteria for Home Loan in Hodal
| Criteria | Details |
|---|---|
| Age | 21 to 65 years |
| Income | Minimum ₹25,000/month (salaried); stable business income (self-employed) |
| Employment | Salaried (2 years experience) or self-employed (3 years business continuity) |
| Credit Score | Minimum 700; higher scores improve terms |
| Residence | Valid Hodal address proof |
Documents Required for Home Loan in Hodal
- Identity Proof: Aadhaar, PAN Card, Driving License, Passport, or Voter ID.
- Address Proof: Utility bill, Aadhaar, or rental agreement (Hodal address).
- Income Proof: Salary slips (last 3 months), bank statements (last 6 months), ITR (last 2 years).
- Property Documents: Sale agreement, title deed, NOC, and approved plan.
- Photograph: Recent passport-size photograph.
Benefits of Home Loan in Hodal
- Loan amounts up to ₹15 crore for home purchase, construction, or renovation.
- Competitive interest rates starting at 8.50% p.a. in 2025.
- Flexible repayment tenures up to 30 years.
- PMAY subsidies for eligible Hodal residents (up to ₹2.67 lakh).
- Quick disbursal within 15–30 days post-document verification.
Factors Affecting Home Loan in Hodal
Interest Rate
Rates range from 8.50% to 12% p.a., based on credit score and lender policies.
Loan Amount
Up to ₹15 crore, depending on income, property value, and repayment capacity.
Credit Score
A score above 700 ensures better rates; lower scores may increase costs.
Property Type
Loans for residential properties in Hodal’s approved areas are prioritized.
How to Apply for a Home Loan in Hodal
Follow these steps to apply for a home loan in Hodal through Loanpao:
- Visit loanpao.in and select "Home Loan in Hodal."
- Fill out the online application form with details (name, Hodal address, income).
- Upload required documents (Aadhaar, salary slips, property papers).
- Compare offers from top Hodal lenders like AAVAS, Bajaj, and SBI.
- Get approval and funds disbursed within 15–30 days in Hodal.
Loan Eligibility for Home Loan in Hodal
Check your eligibility for a home loan in Hodal with Loanpao’s tool:
- Enter your monthly income (minimum ₹25,000).
- Provide your credit score (preferably above 700).
- Specify your employment type (salaried or self-employed).
- Include your Hodal address for localized offers.
Loanpao will assess your eligibility and suggest the best home loan offers in Hodal.
Check Eligibility NowTrack Your Home Loan Application in Hodal
Loanpao provides a seamless tracker for your home loan application:
- Submit your application ID on the Loanpao Tracker page.
- Get real-time updates on status (e.g., under review, approved, disbursed).
- Receive notifications for disbursal updates in Hodal.
- Contact Loanpao support for assistance with delays in Hodal.
Home Loan Comparison in Hodal
Compare home loan offers from top lenders in Hodal:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| AAVAS Financiers | 8.50% p.a. | Up to ₹1 crore | Up to 30 years | 0.25–0.50% of loan amount |
| Bajaj Housing Finance | 8.70% p.a. | Up to ₹15 crore | Up to 32 years | 0.50% of loan amount |
| SBI | 8.90% p.a. | Up to ₹7 crore | Up to 30 years | 0.35% of loan amount |
Frequently Asked Questions
A minimum monthly income of ₹25,000 is required for a home loan in Hodal.
Home loans in Hodal are disbursed within 15–30 days after document verification.
The maximum loan amount is up to ₹15 crore, depending on income and property value.
Yes, eligible Hodal residents can avail PMAY subsidies up to ₹2.67 lakh.
Missing an EMI may incur late fees and negatively impact your credit score.