u/Charvik2021

I applied for a home loan with HDFC Bank and got final approval at 7.35%, but at the last stage they informed me of an additional 0.25% interest loading because my PAN is linked to two other properties. The issue is: I do not own any property myself. I’m only a co-applicant on my mother’s home loan, and that property is registered solely in her name. The second property is in my wife’s name, not mine. HDFC says these count against my profile and therefore I’m not eligible for the base rate. Has anyone faced something similar? Is this standard banking practice, or am I being unfairly classified? Looking for advice before I escalate/negotiate with them.