HDFC, on Tuesday, launched ‘Spot Offer‘ home loans on WhatsApp, a service that will provide in-principle home loan approval to home buyers within 2 minutes. “All that the users have to do is to initiate a conversation on HDFC’s WhatsApp number (+91 98670 00000) and provide some basic information in a few clicks through a guided conversational flow. On the basis of the information keyed in by the customer, a provisional home loan offer letter is generated instantaneously,” in a press release on May 17, 2022.
Only salaried Indian residents can use the spot offer home loan facility.
Follow these steps to avail the spot offer home loan facility.
Step 1: Customer needs to type ‘Hi’ on +919867000000 on WhatsApp to initiate the process
Step 2: Select “New Loans” from the menu
Step 3: From the subsequent menu select “Spot Offer (New)”
Step 4: Select the employment category “Salaried / Self-Employed
Step 5: Enter your email id
Step 6: Select Resident Status “Resident Indian / NRI”
Step 7: Enter Pin Code of your residence
Step 8: Enter your full name (As per your PAN Card)
Step 9: Please read the Terms and Conditions and Select “Proceed”
Step 10: Based on the name entered, your details (PAN No, Date of Birth and Residential Address) will be generated and displayed.
Step 11: If the information is correct select “Confirm” to proceed or click “Update Details” to type in again
Step 12: Enter the OTP that will be generated
Step 13: Enter your Gross Monthly Income and current monthly obligations (ie other EMIs, etc)
Step 14: Based on the information provided, an in-principle approval letter in pdf format will be sent to your Mobile just in a few moments.
Step 15: The approval letter will contain loan amount, Loan tenure, rate of interest and EMI and Processing Fee .
Step 16: HDFC Ltd’s Home Loan expert will get in touch with you to take your loan application forward.