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home loan on hdfc bank

 Home Loans at HDFC Bank

 

Rely on the wide range of Home Loans offered by HDFC Bank to buy or construct your dream home. Get Home Loans for purchasing, building, renovating, repairing, or redecorating your perfect living space. You can also opt to transfer your existing Home Loan from another lender over to us to benefit from our loan offers.

 

At HDFC Bank, you can enjoy attractive Home Loan interest rates along with a hassle-free loan application process, easy loan repayment options, and flexible tenures. We offer a range of Home Loans, including Top Up Loans, Home Improvement Loans, and Home Extension Loans.

 

Enjoy the convenience of applying for a loan online with our intuitive digital application process. And if you need a bit of guidance along the way, we also offer expert advice and prompt customer service for all your Housing Loan queries.

 

1. Apply Online for a Home Loan

 

Attractive Interest Rates

Seamless Digital Application Process

Additional Topup of Upto ₹50 lacs*

Special Processing Fees for Government Employees

 

Apply Online

 

 

2. Home Loan Balance Transfer

 

Simple & Easy Digital Application Process

No hidden charges

Customized repayment options to suit your needs

 

Apply for Balance Transfer

 

 

3. Avail Top Up on existing Home Loan

 

Maximum Top Up Loan of ₹50 lacs*

Loans for existing customers

Attractive Interest Rates

 

Wide Range of Home Loans

 

Take your pick from our different types of Home Loans for hassle free financing:

 

Home Loans: Individual or joint Home Loans to buy fresh/resale property or to construct a house.

Home Improvement Loans (HIL): The interiors of your home embody your personality and taste. As such, you would want to leave no stone unturned in truly bringing your vision to life. You can rely on Home Improvement Loans from HDFC Bank for internal and external repairs and restructuring. This loan covers various home repair/renovation activities like painting, waterproofing and roofing, plumbing, electrical work, tiling and flooring, grills, windows, compound walls, and much more.

Home Extension Loan (HEL): HDFC Bank also offers Home Finance designed to help you add more space to your existing home for growing needs. Whether it is an extra bedroom for your children, a home office, or your very own library room, this loan lets you carve out that extra space with easy financing.

Top Up Loan: Existing customers can avail of a Top Up Loan on their existing Home Loan at attractive interest rates. Get a Top Up amount up to Rs 50 lakh.

Balance Transfer: Is your current Home Loan weighing you down? Transfer it over to HDFC Bank with our Balance Transfer facility and enjoy all the perks that come with being an HDFC Bank customer. You can initiate the Home Loan Balance Transfer online with our simple and easy digital process.

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*Conditions apply. All Home Loans from HDFC Ltd. Credit at sole discretion of HDFC Ltd

Automated Repayment of EMIs

 

While EMIs allow you to repay the borrowed amount at your own pace, we understand that it can often get challenging to remember the payment deadlines. To help with that, HDFC Bank allows you to set standing instructions for EMI payments to get deducted directly from your HDFC Bank Savings Account. This facility also saves you the trouble of procuring, signing, and tracking post-dated cheques. With automated EMIs, you will never default on your payments and be able to maintain a good credit history.

 

Different Offerings for Different People

 

HDFC Bank recognises that different people have different requirements and offers Housing Loans specially designed for :

Agriculturists

Planters

Horticulturists

Dairy Farmers

Special Home Loan Scheme for Agriculturists

 

Loans for farmers to buy or construct houses/apartments in several of cities/towns of their choice

Home loans in residential areas of villages

Loan eligibility on the basis of agricultural land owned and the kind of crops being cultivated by farmers

No mortgage of agricultural land required for the purpose of home loans

No mandatory requirement of Income Tax Returns from farmers applying for home loans

Rural Housing Finance for Salaried and Self Employed

 

HDFC Bank offers special Home Loans for (Non-Resident Indians) NRIs as well as government and private sector employees who wish to purchase rural properties in residential areas. Businessmen and traders who have been filing their ITR for the past three years too can avail of these loans.

View latest interest rates

Why Choose HDFC Bank?

 

HDFC Bank has over 35 years of lending experience. As pioneers in housing finance, we have helped over 4.4 million people achieve their dream of home ownership.

Our staff consists of some of the most experienced and empowered personnel in the industry to ensure that your Home Loan application sails through with ease. Most importantly, we believe in working with integrity and honesty. Our dealings are transparent with charges mentioned upfront.

At HDFC Bank, you can also avail of counselling and advisory services for acquiring property. Additionally, our customers get free and safe document storage too.

Go ahead and apply for a Home Loan from an HDFC Bank office close to you or through our website.

Home Loan Repayment

 

At HDFC Bank, you can repay the Home Loan through affordable Equated Monthly Instalments (EMIs). EMIs start in the month subsequent to the month of disbursal of the loan amount (except for under-construction properties wherein EMI can begin even after partial disbursement).

For your convenience, HDFC Bank offers a Home Loan EMI Calculator for you to plan your finances with ease. Plus, you can also issue standing instructions to your dedicated HDFC Executive Representative to pay the instalments through ECS (Electronic Clearing System). You can also opt for direct deduction of monthly instalments by your employer or issue post-dated cheques from your salary account.

Counselling Services

 

We also offer professional advisory services to homebuyers to help them make the right decision.

 

 

Home Loan Fees and Charges

 

Buying a home of your own is a major milestone and a dream come true. Creating a space that adequately reflects your personality and meets your needs takes time, energy, resources, and financial planning. And that can all add up to quite an expense. Now, HDFC Bank helps you fund your dream living space with attractive Home Loans and affordable Home Loan processing fees.

 

You can avail of HDFC Bank Home Loans for building or purchasing your own home as well as for renovations, repairs, or redecorations. The HDFC Bank Home Loan processing fees are nominal, and the documentation required is minimal. Along with low Home Loan charges, you can also enjoy attractive interest rates with flexible tenures and easy repayment options. Plus, you get exclusive access to expert advice and excellent customer service.

 

Go ahead and apply for the HDFC Bank Home Loan online to transform your dream home into reality.

​​​​​​​ 

 

1. Apply Online for a Home Loan

 

Attractive Interest Rates

Seamless Digital Application Process

Additional Topup of Upto ₹50 lacs*

Special Processing Fees for Government Employees

 

Apply Online

 

 

2. Home Loan Balance Transfer

 

Simple & Easy Digital Application Process

No hidden charges

Customized repayment options to suit your needs

 

Apply for Balance Transfer

 

 

3. Avail Top Up on existing Home Loan

 

Maximum Top Up Loan of ₹50 lacs*

Loans for existing customers

Attractive Interest Rates

The following documents are required along with your Home Loan application:

 

Agriculturists

Salaried Customers

Businessmen – Professionals

Application form with photograph

Application form with photograph

Application form with photograph

Identity and Residence proof

Identity and Residence proof

Identity and Residence proof

Last 6 months bank statements

Last 6 months bank statements

Last 6 months bank statements

Processing fee cheque

Processing fee cheque

Processing fee cheque

 

Income Documents

Copies of Title Documents of Agricultural Land depicting Land holding

Latest Salary Slip

Educational Qualifications Certificate and Proof of Business

Copies of Title Documents of Agricultural Land depicting crops being cultivated

Form 16

Business Profile and Previous 3 years Income Tax returns (self and business)

Statement of previous 2 years of loans availed

 

Previous 3 years Profit/Loss and Balance Sheet

 

Disclaimer: This is an indicative list only. Additional documents may be asked for on a case-to-case basis.

* The house/property should be within area of operations of HDFC Ltd offices.

** All Home Loans from HDFC Ltd. Credit at sole discretion of HDFC Ltd.

 

SPECIAL HOME LOAN RATES

Salaried / SEP

Self Employed

Home/HIL/HEL/Refinance/Plot Loans

Applicable Interest Rates

Upto 30 Lacs

%

%

Women

6.75 to 7.25

6.75 to 7.25

Others

6.80 to 7.30

6.80 to 7.30

30.01 Lacs - 75 Lacs

%

%

Women

7.00 to 7.50

7.00 to 7.50

Others

7.05 to 7.55

7.05 to 7.55

75.01 Lacs & Above

%

%

Women

7.10 to 7.60

7.10 to 7.60

Others

7.15 to 7.65

7.15 to 7.65

To View SPECIAL HOME LOAN RATES T&C Click Here

 

ARHL LOANS SLAB-WISE

Salaried / SEP

Self Employed

Home/HIL/HEL/Refinance/Plot Loans

Applicable Interest Rates

Upto 30 Lacs

%

%

Women

6.95 to 7.45

6.95 to 7.45

Others

7.00 to 7.50

7.00 to 7.50

30.01 Lacs - 75 Lacs

%

%

Women

7.20 to 7.70

7.20 to 7.70

Others

7.25 to 7.75

7.25 to 7.75

75.01 Lacs & Above

%

%

Women

7.30 to 7.80

7.30 to 7.80

Others

7.35 to 7.85

7.35 to 7.85

TRU-FIXED LOANS - 2 YEARS SLAB-WISE

Salaried / SEP

Self Employed

Home/HIL/HEL/Refinance /Plot Loans

Applicable Interest Rates

Upto 30 Lakh

%

%

Women

7.40 to 7.90

7.40 to 7.90

Others

7.45 to 7.95

7.45 to 7.95

30.01 Lacs - 75 Lacs

%

%

Women

7.55 to 8.05

7.55 to 8.05

Others

7.60 to 8.10

7.60 to 8.10

75.01 Lacs & Above

%

%

Women

7.65 to 8.15

7.65 to 8.15

Others

7.70 to 8.20

7.70 to 8.20

Top-up Loans

Applicable Interest Rate

Top-up Loans for existing customers

7.60 to 8.10

Rates applicable to Top-up with Balance Transfer Loans

Same as HL Slabs

 

*The above Home Loan Interest rates/EMI is applicable for loans under the Adjustable Rate Home Loan Scheme of HDFC Ltd. and is subject to change at the time of disbursement. The Home Loan interest rates above are linked to HDFC's Bench Mark Rate("RPLR") and are variable through out the tenor of the loan. All home loans are from and at the sole discretion of HDFC Ltd. For detailed terms & conditions visit www.hdfc.com CINL70100MH1977PLCO19916

 

 


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