Home Loan

HDFC Bank brings HDFC home loans to your doorstep. Over 3 decades of exclusive experience, a dedicated team of experts and a complete package to meet all your housing finance needs, HDFC Home Loans, help you realize your dream.

The HDFC Advantage

• Pioneers of Housing Finance in India with over 33 years of lending experience
• Widest range of Home Loan Products
• Most experienced and empowered personnel to ensure smooth & easy processing.
• Counseling and advisory servicesIt is a service which develops conclusions and recommendations that are presented to the customer for consideration and decison making. for acquiring a property
• Loan from any office for purchase of home anywhere in India
• Loan approval even before a property is selected
• Flexible loan repayment options
• Free & safe document storage

• Home Loan:
  Home loans for individuals to purchase (fresh / resale) or construct houses. Application can be made individually or jointly. HDFC finances up to 80% of the cost of the property (including the cost of the land) based on the repayment capacity of the customer.
• Home Improvement Loan:
  The interiors of any home reflect the personal preferences and tastes of its owners making it imperative to constantly upgrade to keep up with changing times. HIL facilitates internal and external repairs and other structural improvements like Painting, Waterproofing and Roofing, Plumbing and Electrical Works, Tiling and Flooring, Grills, Aluminum Windows compound walls and much more. HDFC finances up to 85% of the cost of improvement. This is however subject to 80% of market value as assessed by HDFC.
• Home Extension Loan:
  HEL for adding more space to your existing home for meeting the requirements of your growing family be it an extra bedroom for your children, a reading room for yourself or a cozy coffee corner. It is easy to extend your home anyway you like. HDFC finances up to 85% of the cost of extension. This is however subject to 80% of market value as assessed by HDFC.
• Land Purchase Loan:
  Be it land for a dream house, or just an investment for the future, HDFC Land Purchase Loan is a convenient loan facility to purchase land. HDFC finances up to 80% of the cost /value of the land (Conditions Apply). Repayment of the loan can be done over a maximum period of 15 years.
• Choose from Fixed RateAn interest rate that will remain at a predetermined rate for the entire term of the loan. or Floating RateAn interest rate that is allowed to move up and down with the rest of the market or along with an index. with options to structure your loan as Partly Fixed or Partly Floating.
• Flexible repayment options to suit your individual needs.
• Loan cover Term Assurance Plan:
  HDFC Standard Life Insurance Company Ltd. offers an insurance plan*, which is designed to ensure that life's uncertainties do not affect your family's interests and your precious home. LCTAP provides a lump-sum payment on the unfortunate demise of the life assured.
  This pure risk plan is designed in a way that the cover decreases as you repay your home loan making it a low cost premium insurance plan.
  *Insurance is the subject matter of solicitation.
• Automated Repayment of Home loan EMI:
  You can give us standing instructions to repay your Home Loan EMIs directly from your HDFC Bank Savings Account, thus, saving you the trouble of procuring, signing and tracking post-dated cheques.
• HDFC also offers In-house scrutiny of Property documents for your complete peace of mind.
• Customer privileges:
  If you are an existing HDFC Home Loan customer, you can avail of other loans (such as Personal Loans, Car Loans, Two-wheeler Loans and Loan against securities) at lower interest rates.

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

Home Loan PLR for eCBoP floating rateAn interest rate that is allowed to move up and down with the rest of the market or along with an index. loans has been changed since 2008 as follows:

The eCBoP Home Loan Fees & Charges are as follows:

Note: Effective 31.03.12, foreclosure chargesForeclosure charges are to be paid when a loan is closed before the tenure is completed. The bank will levy a certain percentage on outstanding loan amount as the penalty for fore closing the loans. This rate varies from bank to bank. are waived for Floating rateAn interest rate that is allowed to move up and down with the rest of the market or along with an index. Home loans. For fixed rateAn interest rate that will remain at a predetermined rate for the entire term of the loan. home loans, foreclosure chargesForeclosure charges are to be paid when a loan is closed before the tenure is completed. The bank will levy a certain percentage on outstanding loan amount as the penalty for fore closing the loans. This rate varies from bank to bank. are as per schedule below.

*Please note that all the above services attract service charges, as applicable.

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