Hero Housing Home loan

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Location 50Km from Branch Location
CIBIL Score 650+
Applicant Salaried & Self Employed Both
Applicant Age Salaried-21 Year to 60 Year, Self Employed-21 Year to 70 Year
Loan Amount & Tenure 20 Lac to 5 Cr
(5 Year to 20 Year)
Login Fees Loan<30 Lac-2950, Loan>30 Lac-5900
Rate of Interest & Type 10% to 11% (Reducing)
TAT 15 Days
Processing Fees 1%
Insurance & Other Charges Insurance Charges:1%-4% 
Foreclosure Charges Nil for Individual, If Applicant is other than company-2%
Minimum Income Which is fit to cover EMI 
Lock In Period 6 Month
Part Payment Allowed Yes
Home Loan OD Product No
LTV 100% of Registry Value or 80% of Market Value which ever is lower
Product New Purchase, Plot Purchase, Plot Purchase+Construction
Program 1. Banking Program-1 Cr
2. LIP Progra-50 Lac
3.Without ITR 30 Lac
4.BT+Topup-1 Cr
5. Normal Income -5 Cr
CO - Applicant Yes
FOIR If Salary<30K-45% of Net Salary,If Salary>30K-50-70%
Negative Profile Any profile where collection is not comfortable
Funded Property Type (i) Residential Property
(ii) Residential Plot Purchase
(iii) Residential Plot Purchase & Construction
Negative Property Basement, Bachha Flat, Khasra Khatauni Plot, Unapproved 4th Floor & above, Freehold unapproved Property, Home Renovation
Accepted Collateral Approved Residential Property, Without Map Property, Dual Unit without MAP, Khasra Khatauni Property, Lal Dora Property, Lal Dora Plot, Sub-Divided Property, Demolition Property if entire property is coming
Business Vintage for Self Employed Person 3 Year
Minimum Job Experience for Salaried Person 2 Year
Experience with Current Employer 3 Month
Any Specific Product for Professionals Yes, For Chartered Accountant & Doctors : ROI is lower
USP Seller BT, Funding to Cash Salary Applicant, Funding to NRI Applicant

Hero Housing Home loan EMI Calculator

Interest Type

Loan Amount

Interest Rate


Loan Tenure

Loan Amount100,000
Interest %10 %
Tenure (months)12
Emi (monthly)8,792
Total Interest5,499
Loan Amount + Interest105,499
YearTotal Principal
( A )
Total Interest
( B )
( A + B)
Total Payment Loan Paid Till Date (%)
24,0762,30026,37675,92424.08 %
Oct7,9598338,79292,0417.96 %
Nov8,0257678,79284,01615.98 %
Dec8,0927008,79275,92424.08 %
75,9293,19979,1280100.01 %
Jan8,1596338,79267,76532.23 %
Feb8,2275658,79259,53840.46 %
Mar8,2964968,79251,24248.76 %
Apr8,3654278,79242,87757.12 %
May8,4353578,79234,44265.56 %
Jun8,5052878,79225,93774.06 %
Jul8,5762168,79217,36182.64 %
Aug8,6471458,7928,71491.29 %
Sep8,719738,7920100.01 %
Hero Housing Home loan