Commercial Property Loan Details

Commercial Property Loan Details

You’ll use separately or jointly for the loan. All proposed people who own the home will need to be co-applicants. But, all co-applicants do not need to be co-owners. Generally speaking co-applicants are close household members.

  • Medical Practitioner
  • Lawyer
  • Chartered Accountant
  • Architect
  • Consultant
  • Engineer
  • Business Secretary, etc.
  • Investor
  • Commission Agent
  • Contractor etc.

You could distribute your payments out when it comes to loan more than a maximum term of fifteen years.

The tenure of this loan can also be determined by the customer’s profile, chronilogical age of client at maturity of loan, chronilogical age of home at loan readiness, dependant on the certain repayment scheme as can be opted and just about every other terms which might be relevant predicated on predominant norms of HDFC.

Papers and costs

For Resident Indians

After would be the papers you will have to submit for several applicants / co-applicants along side the finished and finalized Application Form for loan approval:

Evidence of both Identity and Residence (KYC)

For the list that is complete of papers click on this link. [Read more…]