Table of Contents
- 1 Highlights of Home Loan with HDFC Bank
- 2 HDFC Home Loan Rates
- 2.0.1 1. Special HDFC Home Loan Rates – Salaried
- 2.0.2 2. Standard HDFC Home Loan Rates – Salaried
- 2.0.3 3. Special HDFC Home Loan Rates – Self Employed Professionals
- 2.0.4 4. Standard HDFC Home Loan Rates – Self Employed Professionals
- 2.0.5 5. Special HDFC Home Loan Rates – Self Employed Non Professionals
- 2.0.6 6. Standard HDFC Home Loan Rates – Self Employed Non Professionals
- 3 Maximum Funding under Home Loan with HDFC Bank
- 4 Home Loan in HDFC Bank – Processing Fee and Charges
- 5 Home Loan with HDFC Bank – Features
- 6 Eligibility for Home Loan HDFC
- 7 Home Loan with HDFC Bank – Documents Required
- 8 How to Apply for Home Loan by HDFC Bank
- 9 Home to Check HDFC Home Loan Application Status
- 10 HDFC Home Loan Calculator
- 11 Customer Care HDFC Home Loan
- 12 HDFC Home Loan Types
- 13 Home Loan with HDFC Bank – FAQs
HDFC – India’s largest private lender provides home loans at attractive interest rates starting at 8.40% p.a. Eligible customers can apply for a home loan with HDFC bank.
Highlights of Home Loan with HDFC Bank
| HDFC Home Loan Rates | From 8.40% p.a. to 9.50% p.a. |
| Tenure | Up to 30 years |
| Loan Amount | Up to 90% value of the property |
| Retail Prime Lending Rate (RPLR) | 17.95% |
| Age | 20 Years to 65 Years |
| Processing Fee | 0.50% of the loan amount or Rs.3000 whichever is higher. |
| HDFC Home Loan Application Status | Click here for HDFC Home Loan Application Status |
| HDFC Home Loan Login | HDFC Home Loan Login Page |
| HDFC Office Address | Ramon House, 169, Backbay reclamation, H T Parekh Marg, Churchgate, Mumbai – 400020 |
HDFC Home Loan Rates
1. Special HDFC Home Loan Rates – Salaried
| Loan Amount | Home Loan with HDFC Bank Interest Rate |
|---|---|
| For the Credit Score of 800 and Above | 8.20% |
| For others | 8.40% – 8.90% |
2. Standard HDFC Home Loan Rates – Salaried
| Loan Amount | Home Loan with HDFC Bank Interest Rate – Women | Home Loan with HDFC Bank Interest Rate – Others |
|---|---|---|
| Up to Rs.30 Lakhs | 8.60%-9.10% | 8.65%-9.15% |
| From Rs.30.01 Lakhs to Rs.75 Lakhs | 8.85%-9.35% | 8.90%-9.40% |
| From Rs.75.01 Lakhs and Above it | 8.95%-9.45% | 9.00%-9.50% |
3. Special HDFC Home Loan Rates – Self Employed Professionals
| Loan Amount | Home Loan with HDFC Bank Interest Rate |
|---|---|
| For the Credit Score of 800 and above | 8.20% |
| For others | 8.40% – 8.90% |
4. Standard HDFC Home Loan Rates – Self Employed Professionals
| Loan Amount | Home Loan with HDFC Bank Interest Rate – Women | Home Loan with HDFC Bank Interest Rate – Others |
|---|---|---|
| Up to Rs.30 Lakhs | 8.60%-9.10% | 8.65%-9.15% |
| From Rs.30.01 Lakhs to Rs.75 Lakhs | 8.85%-9.35% | 8.90%-9.40% |
| From Rs.75.01 Lakhs and Above it | 8.95%-9.45% | 9.00%-9.50% |
5. Special HDFC Home Loan Rates – Self Employed Non Professionals
| Loan Amount | Home Loan with HDFC Bank Interest Rate |
|---|---|
| For the Credit Score of 800 and above | 8.20% |
| For others | 8.40% – 8.90% |
6. Standard HDFC Home Loan Rates – Self Employed Non Professionals
| Loan Amount | Home Loan with HDFC Bank Interest Rate – Women | Home Loan with HDFC Bank Interest Rate – Others |
|---|---|---|
| Up to Rs.30 Lakhs | 8.70%-9.20% | 8.75%-9.25% |
| From Rs.30.01 Lakhs to Rs.75 Lakhs | 8.95%-9.45% | 9.00%-9.50% |
| From Rs.75.01 Lakhs and Above it | 9.05%-9.55% | 9.10%-9.60% |
Maximum Funding under Home Loan with HDFC Bank
| Home Loan Amount | Maximum Funding |
|---|---|
| Up to Rs.30 Lakhs | Up to 90% value of the property |
| From Rs.30.01 Lakhs to Rs.75 Lakhs | Up to 80% value of the property |
| From Rs.75.01 Lakhs and Above it | Up to 75% value of the property |
Home Loan in HDFC Bank – Processing Fee and Charges
This is a detailed view of the processing fee and charges of home loan with HDFC bank.
1. For Salaried
| Type | Salaried |
|---|---|
| Processing Fee | Up to 0.50% of the loan amount or Rs.3000 whichever is higher. |
| Minimum Retention Amount | Rs.3000 or 50% of applicable fees |
| Delayed Payment Charges | Extra interest up to 24% p.a. |
| Pre-payment/Foreclosure Charges | 0-2% of the loan amount |
| # GST will be applicable on the above charges. | |
2. For Self-Employed
| Type | Self-Employed | |
|---|---|---|
| Self-Employed Professionals | Self-Employed Non-Professionals | |
| Processing Fee | Up to 0.50% of the loan amount or Rs.3000 whichever is higher. | Up to 1.50% of the loan amount or Rs.4500 whichever is higher. |
| Minimum Retention Amount | Rs.3000 or 50% of applicable fees | Rs.4500 or 50% of applicable fees |
| Delayed Payment Charges | Extra interest up to 24% p.a. | |
| Pre-payment/Foreclosure Charges | 0-2% of the loan amount | |
| # GST will be applicable on the above charges. | ||
3. Other Charges for Salaried and Self-Employed
| Type | Fee |
|---|---|
| List of Documents | Up to Rs.500 |
| Check Dishonour Charges | Rs.300 |
| Photocopy of Documents | Up to Rs.500 |
| PDC Swap | Up to Rs.500 |
| Re-appraisal of the loan after 6 months from sanction | Up to Rs.2000 |
| Reversal of Provisional Prepayment under HDFC Maxvantage Scheme | Rs.250 |
| # GST will be applicable on the above charges. | |
Home Loan with HDFC Bank – Features
- Online Process: You can apply for a home loan in HDFC bank from the comfort of your home.
- 24*7 Customer Care: HDFC provides 24*7 customer support through its website and WhatsApp.
- Repayment: Flexible repayment option varies up to 30 years.
Eligibility for Home Loan HDFC
You should fulfill the below eligibility criteria to get a home loan with HDFC bank.
For Salaried and Self-Employed
- Age: Customers should be in the age group of 21 to 65 years.
- Nationality: Indian
- Income: Minimum Rs.10,000 per month for Salaried and Rs.2 Lakhs for Self-Employed Individuals.
Home Loan with HDFC Bank – Documents Required
Below is the list of documents required for a home loan in HDFC bank.
1. Documents Required for Salaried Individuals
| For Identity and Residence |
|
| Proof of Income |
|
| Other Documents |
|
| Property Related Documents | For New Homes:
For Resale Homes:
For Construction of Home:
|
2. Documents Required for Self-Employed
| For Identity and Residence |
|
| Proof of Income |
|
| Other Documents |
|
| Property Related Documents | For New Homes:
For Resale Homes:
For Construction of Home:
|
How to Apply for Home Loan by HDFC Bank
You can apply for a home loan by hdfc bank by the following two methods.
Method 1: Apply for Home Loan with HDFC Bank Through its Website
Step1: Go to the official website of the Lender.
Step2: Fill in basic information like Type of loan, Applicant name, etc, and click on continue.
Step3: Fill in information like Resident type, country of residence, mobile number, e-mail id, etc, and then click on the continue button.
Step4: Verify the OTP received on your mobile number.
Step5: Now select one of the available options provided on the screen.
Step6: Follow the direction given on the screen, thus you can easily apply for a home loan in HDFC bank from the comfort of your home.
Method 2: Apply for Home Loan in HDFC Bank Through Bank Branch
You can apply for a home loan with HDFC bank by visiting the nearest branch of HDFC bank.
The home loan executive will guide you through the complete loan process.
Home to Check HDFC Home Loan Application Status
You can check HDFC home loan status by visiting HDFC Home Loan Application Tracker Page.
You can check HDFC home loan application status by entering any one of the details like Application name/ Reference number/ DOB or Mobile number.
HDFC Home Loan Calculator
You can calculate your HDFC home loan EMI with this calculator. You just need to enter relevant details like loan amount, interest rate, and tenure to get your HDFC home loan EMI.
1. Home Loan with HDFC Bank – EMI Calculation
| Home Loan in HDFC Bank – EMI Calculation | |||
|---|---|---|---|
| Loan Amount | EMI for 10-Year Tenure | EMI for 20-Year Tenure | EMI for 30-Year Tenure |
| Rs.10 Lakhs | ₹12,560 | ₹8,869 | ₹7,903 |
| Rs.20 Lakhs | ₹25,119 | ₹17,738 | ₹15,805 |
| Rs.30 Lakhs | ₹37,679 | ₹26,607 | ₹23,708 |
| Note: Interest Rate is assumed at 8.80% p.a. for the above illustration. | |||
2. HDFC Home Loan EMI Calculator
Customer Care HDFC Home Loan
- HDFC Home Loan Customer Care Number: 9289200017
- HDFC Home Loan Customer Care Toll-free Number: 1800 210 0018
- HDFC Customer Care Home Loan Whatsapp Number: 9867000000
- You can also message HDFC Home loan customer care to “56767” after typing “HDFCHOME” in the Message box.
Customers can also request a callback. To receive a call back from HDFC Home Loan customer care, you just need to visit the official website of HDFC.
On the bottom left of the page, you will see the “Request Call Back” option. Just click on it and enter your basic details and then click on submit button.
After submitting the form, the HDFC customer care home loan executive will call you back after a short time.
Grievance Redressal Mechanism of Home Loan with HDFC bank
Level 1: You can write to the HDFC Grievance Redressal officer if you are not satisfied with the services provided by HDFC.
Chief Grievance Redressal Officer:
Mr. Anjan Joshi
Address: Ramon House,
H T Parekh Marg,
169, Backbay Reclamation,
Churchgate,
Mumbai 400 020
Level 2: If you are not satisfied with the response provided by Level 1. You can escalate your grievance with the Managing Director of HDFC.
HDFC Bank Managing Director:
Ms. Renu Sud Karnad
Address: HDFC Ltd.
HDFC House,
H T Parekh Marg,
165-166, Backbay Reclamation,
Churchgate, Mumbai 400 020
Level 3: In case, your query is not resolved within one month, you can approach National Housing Bank.
National Housing Bank:
Department of Regulation and Supervision, Complaint Redressal Cell
Address: 4th Floor, Core-5A,
India Habitat Centre,
Lodhi Road,
New Delhi – 110003
HDFC Home Loan Types
1. Regular Home Loans with HDFC Bank
This home loan is available for all types of customers. Anyone with a good credit score can apply for HDFC Regular Home Loans.
2. HDFC Plot Loans
With HDFC Plot Loans, you can purchase the land of your choice.
Maximum Funding under HDFC Plot Loans:
| Home Loan Amount | Maximum Funding |
|---|---|
| Up to Rs.30 Lakhs | Up to 80% value of the property |
| From Rs.30.01 Lakhs to Rs.75 Lakhs | Up to 80% value of the property |
| From Rs.75.01 Lakhs and Above it | Up to 75% value of the property |
3. HDFC House Renovation Loans
You can upgrade or renovate your existing house with HDFC house renovation loans.
Maximum Funding under HDFC House Renovation Loans:
| For Existing Customers | |
|---|---|
| Home Loan Amount | Maximum Funding |
| Up to Rs.30 Lakhs | 100% renovation estimate |
| From Rs.30.01 Lakhs to Rs.75 Lakhs | 100% renovation estimate |
| From Rs.75.01 Lakhs and Above it | 100% renovation estimate |
| For New Customers | |
|---|---|
| Home Loan Amount | Maximum Funding |
| Up to Rs.30 Lakhs | 90% renovation estimate |
| From Rs.30.01 Lakhs to Rs.75 Lakhs | 90% renovation estimate |
| From Rs.75.01 Lakhs and Above it | 90% renovation estimate |
4. HDFC Home Loan Against Property
HDFC home loans against property can be availed for any personal or business purpose.
Both residential and commercial properties can be mortgaged for availing of this loan.
Maximum Funding under HDFC Home Loan Against Property
| Existing Customers | Up to 60% value of the mortgage property |
|---|---|
| New Customers | Up to 50% value of the mortgage property |
5. Pradhan Mantri Awas Yojana (PMAY)
Pradhan Mantri Aawas Yojana (Urban) was launched by the government of India in 2015.
The main aim of the scheme is to provide housing for all in urban areas by the year 2022.
A maximum of 4% interest subsidy is given to eligible customers under the scheme.
Eligibility: Annual income of the beneficiary family should be below Rs.18 Lakhs.
6. HDFC NRI Home Loan
HDFC NRI Home Loan can be availed by NRIs, PIOs, and OCIs for a purchase of a house.
Features:
- Attractive interest rates
- Customers can buy any house located in India.
- Merchant Navy employees can also apply for this home loan.
7. HDFC Top-up Home Loan
HDFC Top-up home loans can be availed for business and personal purchases such as marriage and business expenses.
You can apply for an HDFC Top-up home loan after 12 months of your existing home loan.
8. HDFC Home Loan Balance Transfer
With HDFC Home Loan Balance Transfer, you can transfer your existing home loan from other lenders to HDFC.
Home Loan with HDFC Bank – FAQs
Q: What is the maximum home loan amount that I can get?
Ans: You can get a maximum home loan of up to 90% value of the property.
Q: What are the eligibility criteria to avail HDFC home loan?
Ans: Salaried and Self individuals can apply for HDFC home loans with a monthly minimum income of Rs.10,000 and Rs.2 Lakh respectively.
Q: Can I avail of two home loans at the same time?
Ans: Yes, you can apply for two home loans at the same time.
Your lender will verify your eligibility and repayment capacity.
If your lender is satisfied with your repaying ability, it can accept your home loan application.
Q: What is the maximum repayment tenure for an HDFC home loan?
Ans: The maximum tenure is 30 years for a home loan with hdfc bank.
Q: Can I prepay/foreclose my HDFC home loan?
Ans: Yes, you can foreclose your HDFC home loan.
| HDFC Home Loan Rates and Types |
| HDFC Customer Care Number |
| HDFC Home Top-up Loan |
Hello friends, I am Jony Baku and a resident of Haryana, India. I took my first step into the blogging world in 2019 and since then I have been trying to contribute in this field. I love writing and reading articles, that's why I try hard to write my articles as best as possible.
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