Overview of Mortgage Loan in Hodal
Hodal, a thriving town in Haryana’s Palwal district, is witnessing a growing real estate market, making it an ideal location for mortgage loans. Mortgage loans in Hodal for 2025 provide financing against residential or commercial properties, with competitive rates starting at 9.00% p.a. Lenders like AAVAS Financiers, Bajaj Housing Finance, HDFC, and ICICI Bank offer loans up to ₹10 crore with tenures up to 20 years. Loanpao helps Hodal residents compare offers, check eligibility, and apply online for quick disbursal.
Eligibility Criteria for Mortgage Loan in Hodal
| Criteria | Details |
|---|---|
| Age | 21 to 70 years |
| Income | Minimum ₹30,000/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 |
| Property Ownership | Clear title of residential/commercial property in Hodal |
Documents Required for Mortgage 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: Title deed, sale agreement, property tax receipts, NOC, and approved plan.
- Photograph: Recent passport-size photograph.
Benefits of Mortgage Loan in Hodal
- Loan amounts up to ₹10 crore against property value.
- Competitive interest rates starting at 9.00% p.a. in 2025.
- Flexible repayment tenures up to 20 years.
- Funds for personal or business needs in Hodal.
- Quick disbursal within 10–20 days post-document verification.
Factors Affecting Mortgage Loan in Hodal
Interest Rate
Rates range from 9.00% to 13% p.a., based on credit score, property value, and lender policies.
Loan Amount
Up to ₹10 crore, depending on property valuation and repayment capacity.
Credit Score
A score above 700 ensures better rates; lower scores may increase costs.
Property Type
Residential or commercial properties in Hodal’s approved areas are eligible.
How to Apply for a Mortgage Loan in Hodal
Follow these steps to apply for a mortgage loan in Hodal through Loanpao:
- Visit loanpao.in and select "Mortgage Loan in Hodal."
- Fill out the online application form with details (name, Hodal address, income).
- Upload required documents (Aadhaar, income proof, property papers).
- Compare offers from top Hodal lenders like AAVAS, Bajaj, HDFC, and ICICI.
- Get approval and funds disbursed within 10–20 days in Hodal.
Loan Eligibility for Mortgage Loan in Hodal
Check your eligibility for a mortgage loan in Hodal with Loanpao’s tool:
- Enter your monthly income (minimum ₹30,000).
- Provide your credit score (preferably above 700).
- Specify your employment type (salaried or self-employed).
- Include details of your Hodal property (residential or commercial).
Loanpao will assess your eligibility and suggest the best mortgage loan offers in Hodal.
Check Eligibility NowTrack Your Mortgage Loan Application in Hodal
Loanpao provides a seamless tracker for your mortgage 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.
Mortgage Loan Comparison in Hodal
Compare mortgage loan offers from top lenders in Hodal:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| AAVAS Financiers | 9.00% p.a. | Up to ₹1 crore | Up to 20 years | 0.50–1% of loan amount |
| Bajaj Housing Finance | 9.20% p.a. | Up to ₹10 crore | Up to 20 years | 0.75% of loan amount |
| HDFC | 9.50% p.a. | Up to ₹5 crore | Up to 15 years | 0.50% of loan amount |
| ICICI Bank | 9.40% p.a. | Up to ₹7 crore | Up to 18 years | 0.60% of loan amount |
Frequently Asked Questions
A minimum monthly income of ₹30,000 is required for a mortgage loan in Hodal.
Mortgage loans in Hodal are disbursed within 10–20 days after document and property verification.
The maximum loan amount is up to ₹10 crore, depending on property value and repayment capacity.
Yes, mortgage loans in Hodal can be used for personal or business needs, subject to lender approval.
Missing an EMI may incur late fees, negatively impact your credit score, and risk property foreclosure.
Property valuation in Hodal is conducted by lender-approved valuers who assess market value, location, and property condition, typically within 3–5 days.