How to Get Home Loan Sanction Letter | Housing Loans in India | HDFC Sales

What is a Home Loan Sanction Letter?

Sanction Letter gives the indication that the application has been accepted, processed, and verified.
Highlights that the loan is principally approved with the mentioned terms and conditions.

Steps to Get a Home Loan Sanction Letter -

Step 1
Applicant needs to submit below mentioned documents to the Authority.
Application Form along with the KYC Documents
1. Income Documents
2. Bank Statements
3. Property Documents

Step 2
Document Verification is carried out.

Eligibility is calculated considering -
1. Income of the applicant
2. His/her current obligations
3. Banking and income stability
4. Past credit history

Due diligence is carried out.

Step 3
Based on previous steps, the application gets accepted or rejected by the Authority.
The applicant receives formal communication from the Authority.

Step 4
Applicant submits the required documents.
Applicant gives his acceptance and proceeds with the next process to avail the disbursement

In case of any queries please get in touch with us!

Visit https://www.hdfcsales.com/housing-loans for more information.

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Home loan Sanction letter
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