Home Loans for Senior Citizens
It is never too late to dream. Get your dream home with HFFC home loans.
Why is an HFFC home loan the best deal for you?
Multiple applicantsLighten the burden of your home loan with multiple co-applicants. You can have as many as you need.
Get a longer tenureSpecially crafted loans, loaded with benefits. Longer repayment period means smaller EMIs.
At your convenienceWe have doorstep services, so that you can sit back and relax!
Apply for a home loan
|Floating||One-time Processing Fee|
|Salaried||13.90%||15.90%||Rs 9,990 to Rs 21,990 + GST*|
|Self-Employed||14.90%||16.90%||Rs 11,990 to Rs 23,990 + GST*|
Additional fees such as stamp duty, e-filing charges, CERSAI filing charges, and other statutory dues applicable on the Memorandum of Equitable Mortgage may vary depending on the location, and will be charged in addition to processing fees. If you opt for a fixed rate of interest, please add 2% to the rates mentioned above.
*GST @ 18.00%
Loans are available to all individuals, regardless of their age. Find your eligibility with our handy calculator.Calculate my eligibility
After a certain age, it becomes harder for people to avail of home loans. However, at HFFC, we believe that older citizens deserve to have the same benefits as their younger counterparts. We offer senior citizens special loans, with extended tenures and as many co-applicants as they require.
We are able to offer loans to people up to the age of 65.
Home loans for senior citizens are open to every individual for application, but we require that the property be insured.
HFFC offers loans for up to 10 years for senior citizens. It is possible to increase this to 25 years, in the event there are co-applicants for the loan.
Please provide the documents mentioned in this list to apply for a home loan.
Much the same as other loans, interest rates are set at the time of loan approval and are discussed with the customer in detail.
Absolutely. In fact, HFFC believes that senior citizens should be able to add as many co-applicants as they desire, in order to give themselves as much security as possible.
EMI are calculated based on the income and payment ability of all the applicants, and the principal borrowed amount. Those installments are then deducted from your account every month for the tenure of the loan.
No, HFFC does not ask for guarantors for any of their products.
The process is so easy, especially when compared to nationalised banks. They took care of everything, and I didn't have to do anything myself.