You can request for a Repayment Schedule for your Loan account by contacting the nearest Retail Asset Branch or Phonebanking. NOTE:Repayment Schedule can be sent only to the mailing address as per your Loan Account.
Consequently, how can I check my HDFC Home Loan outstanding balance?
A person can check the loan status by calling the number 1860 267 6161/6160 6161 for any financial queries including home loan.
Moreover, how can I pay my HDFC loan installment online?
How to Make HDFC Loan Payment Online at Paytm?
- Go to HDFC loan payment page on Paytm.
- Enter your Loan Account Number.
- Click on ‘Get Payable Amount’
- Check the payable amount and choose the payment method of your preference Proceed to make the payment.
- You are done with it.
How do I check my loan balance?
All you need to do is login to your net banking portal and go to the loans section. Here you can apply, check or know the balance on the loan you apply.
Most lenders require ITR (last 3 years) to process your home loan application. … Without an ITR, you will be unable to get your financial documents ready. If you own a business or are a salaried employee, banking institutions will want audited financials before processing your application.
Pre-EMI is a concept that is used for properties that are under construction. In this case, you get your loan disbursed in stages based on the instalment amount you need to pay the developer. You are generally required to start paying only the interest on the loan amount disbursed (called the pre-EMI interest).
Pre-EMI refers to monthly payments that include only the interest component of your home loan. With pre-EMI, you are not repaying anything towards the principal amount. You will be given the option to pay pre-EMIs when your home or apartment is under construction.
It is the loan period compared against the loan amount that determines the EMI with the rate of interest factored into the calculation. … Thus ultimately the repayment tenure will decide the total amount to be paid back and thereby directly influence the EMI which is applicable.
EMIs on a 20 lakh home loan for 30 years
|Loan Amount||Interest rate||EMI|
The maximum repayment period is restricted to 30 years for Home Loan accounts (inclusive of holiday period) (or) Up to the age of 70 years (the age by which the loan should be fully repaid) of the borrower, whichever is earlier. b.