HDFC provides home loans to customers with affordable interest rates starting at 8.40% p.a. Loan tenure can vary up to 30 years. You can apply for an HDFC Home Loan of up to Rs.10 crore. This blog post will show the latest HDFC Home Loan Rates and their types.
You will see 3 points for each HDFC home loan type. 1st is Purpose, 2nd is HDFC Home Loan Rates, and 3rd is Maximum Funding.
Ramon House, 169, Backbay reclamation,
H T Parekh Marg, Churchgate, Mumbai – 400020
Let’s see the Types of HDFC Home Loans and Interest Rates
HDFC Home Loan
A. Purpose of HDFC Home Loans:-
For the purchase of a flat or bungalow in approved projects.
For the purchase of properties from Development Authorities.
For the purchase of properties in an existing Co-operative Housing Societies
For the construction of a house on a leasehold plot.
HDFC regular home loan is available for all types of customers. Anyone with a stable source of income can apply for HDFC Home Loans.
B. HDFC Home Loan Rates:-
1. Special HDFC Home Loan Rates for Salaried, Self-employed Professionals, and Self-employed Non-professionals
HDFC Home Loan Interest Rate
Loan Amount
HDFC Home Loan Interest Rates
For the Credit Score of 800 and Above
8.20%
For others
8.40% – 8.90%
2. Standard HDFC Home Loan Rates for Salaried, Self-employed Professionals
HDFC Home Loan Interest Rate
Loan Amount
HDFC Home Loan Interest Rates – Women
HDFC Home Loan Interest Rates – 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. Standard HDFC Home Loan Rates for Self-employed Non-professionals
HDFC Home Loan Interest Rate
Loan Amount
HDFC Home Loan Interest Rates – Women
HDFC Home Loan Interest Rates – 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%
C. Maximum Funding under HDFC Home Loans:-
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
HDFC Plot Loans
A. Purpose of HDFC Plot Loans:-
For the purchase of a plot.
For the purchase of a resale plot.
B. HDFC Plot Loans Interest Rate:-
1. Special HDFC Home Loan Rates for Salaried, Self-employed Professionals, and Self-employed Non-professionals
HDFC Plot Loans Interest Rate
Loan Amount
HDFC Home Loan Interest Rates
For the Credit Score of 800 and Above
8.20%
For others
8.40% – 8.90%
2. Standard HDFC Home Loan Rates for Salaried, Self-employed Professionals
HDFC Plot Loans Interest Rate
Loan Amount
HDFC Home Loan Interest Rates – Women
HDFC Home Loan Interest Rates – 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. Standard HDFC Home Loan Rates for Self-employed Non-professionals
HDFC Plot Loans Interest Rate
Loan Amount
HDFC Home Loan Interest Rates – Women
HDFC Home Loan Interest Rates – 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%
C. 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
HDFC Rural Housing Loan
HDFC Rural Housing Loans are available for farmers, Agriculturists, Planters, and Horticulturists.
A. Purpose of HDFC Rural Housing Loan:-
For the purchase of new/under construction/ residential properties in the rural and urban areas.
For the construction of a house in a leasehold property in rural and urban areas.
For Enhancing your home’s tiling/flooring/plaster/painting.
For extension or adding a new structure to your home.
B. HDFC Rural Housing Loan Interest Rate:-
HDFC Rural Housing Loan Interest Rate
Loan Amount
HDFC Home Loan Interest Rates – Women
HDFC Home Loan Interest Rates – Others
Up to Rs.30 Lakhs
8.60%-10.00%
8.65%-10.00%
From Rs.30.01 Lakhs to Rs.75 Lakhs
8.85%-10.25%
8.90%-10.25%
From Rs.75.01 Lakhs and Above it
8.95%-10.35%
9.00%-10.35%
C. Maximum Funding under HDFC Rural Housing Loan:-
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
HDFC House Renovation Loan
A. Purpose of HDFC House Renovation Loan:-
For Enhancing your home’s tiling/flooring/plaster/painting.
B. HDFC House Renovation Loan Interest Rate:-
1. Special HDFC Home Loan Rates for Salaried, Self-employed Professionals, and Self-employed Non-professionals
HDFC House Renovation Loan Interest Rate
Loan Amount
HDFC Home Loan Interest Rates
For the Credit Score of 800 and Above
8.20%
For others
8.40% – 8.90%
2. Standard HDFC Home Loan Rates for Salaried, Self-employed Professionals
HDFC House Renovation Loan Interest Rate
Loan Amount
HDFC Home Loan Interest Rates – Women
HDFC Home Loan Interest Rates – 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. Standard HDFC Home Loan Rates for Self-employed Non-professionals
HDFC House Renovation Loan Interest Rate
Loan Amount
HDFC Home Loan Interest Rates – Women
HDFC Home Loan Interest Rates – 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%
C. Maximum Funding under HDFC House Renovation Loan:-
For Existing Customers
Home Loan Amount
Maximum Funding
Up to Rs.30 Lakhs
Up to 100% value of the property
From Rs.30.01 Lakhs to Rs.75 Lakhs
Up to 100% value of the property
From Rs.75.01 Lakhs and Above it
Up to 100% value of the property
For New Customers
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
HDFC Home Extension Loan
A. Purpose of HDFC Home Extension Loan:-
For adding space to your existing house such as an additional room, kitchen, balcony, etc.
B. HDFC Home Extension Loans Interest Rate:-
1. Special HDFC Home Loan Rates for Salaried, Self-employed Professionals, and Self-employed Non-professionals
HDFC Home Extension Loan Interest Rate
Loan Amount
HDFC Home Loan Rates
For the Credit Score of 800 and Above
8.20%
For others
8.40% – 8.90%
2. Standard HDFC Home Loan Rates for Salaried, Self-employed Professionals
HDFC Home Extension Loan Interest Rate
Loan Amount
HDFC Home Loan Interest Rates – Women
HDFC Home Loan Interest Rates – 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. Standard HDFC Home Loan Rates for Self-employed Non-professionals
HDFC Home Extension Loan Interest Rate
Loan Amount
HDFC Home Loan Interest Rates – Women
HDFC Home Loan Interest Rates – 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%
C. Maximum Funding under HDFC Home Extension Loan:-
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
HDFC Home Top-up Loan
A Home Top-up Loan is an additional loan amount that is given by the Bank/NBFC over and above your existing home loan. In HDFC Home Top-up Loan, customers can take a Top-up of Rs.50 lakhs.
A. Purpose of HDFC Home Top-up Loan:-
HDFC Home Top-up loan can be used for any personal or professional purpose such as business expansion, marriage, vacation, etc.
B. HDFC Home Top-up Loan Interest Rate:-
1. HDFC Home Loan Rates for Salaried, Self-employed Professionals, and Self-employed Non-professionals
HDFC Home Top-up Loan Interest Rate (Existing Customers)
Loan Slab (Outstanding Home Loan + Top Up Loan)
HDFC Home Loan Interest Rates
For existing customers
9.00% – 9.50%
2. HDFC Home Loan Rates for Salaried, Self-employed Professionals
HDFC Home Top-up Loan Interest Rate
Loan Amount
HDFC Home Loan Interest Rates – Women
HDFC Home Loan Interest Rates – Others
Up to Rs.30 Lakhs
8.75%-9.25%
8.80%-9.30%
From Rs.30.01 Lakhs to Rs.50 Lakhs
9.00%-9.50%
9.05%-9.55%
3. HDFC Home Loan Rates for Self-employed Non-professionals
HDFC Home Top-up Loan Interest Rate
Loan Amount
HDFC Home Loan Interest Rates – Women
HDFC Home Loan Interest Rates – Others
Up to Rs.30 Lakhs
8.85%-9.40%
8.90%-9.45%
From Rs.30.01 Lakhs to Rs.50 Lakhs
9.10%-9.65%
9.15%-9.70%
C. Maximum Funding under HDFC Home Top-up Loan:-
A Maximum of Rs.50 lakh can be taken in HDFC Home Top-up Loan.
HDFC Loan Against Property (LAP)
You can avail of a loan against a property from HDFC Bank at an attractive interest rate.
A. Purpose of HDFC Loan Against Property:-
HDFC Loan Against Property can be used for any personal or professional purpose such as business expansion, marriage, vacation, etc.
B. HDFC Loan Against Property Interest Rate:-
Loan Slab
HDFC Home Loan Interest Rates
Self-occupied Residential Property
9.00% – 10.00%
Non-Self-occupied Residential Property
9.50% – 10.65%
Commercial Property
9.50% – 11.90%
C. Maximum Funding under HDFC Loan Against Property (LAP):-
Maximum Funding under HDFC Loan Against Property
For Existing Customers
Up to 60% market value of the mortgaged property
For New Customers
Up to 50% market value of the mortgaged property
HDFC Commercial Property Loans
A. Purpose of HDFC Commercial Property Loans:-
For the purchase of a new office or clinic.
For the extension or construction of an office or clinic.
B. HDFC Commercial Property Loan Interest Rate:-
Loan Slab
HDFC Home Loan Interest Rates
All Loans
9.00% – 10.00%
HDFC Commercial Plot Loans
You can buy a commercial land of your choice using HDFC Plot Loans.
A. Purpose of HDFC Plot Loans:-
For the purchase of a new commercial plot.
B. HDFC Plot Loan Interest Rate:-
Loan Slab
HDFC Home Loan Interest Rates
All Loans
10.25% – 11.25%
HDFC Reach Home Loans
HDFC Reach Home Loans is available for salaried individuals and micro-entrepreneurs. If you are the owner of a Vegetable shop, Cafe, Salon, or any other type of business, You can apply for HDFC Reach Home Loans.
Skilled workers like Carpainter, Tailor, plumbers, and persons employed in the SME sector can also apply for HDFC Reach Home Loan.
A. Purpose of HDFC Plot Loans:-
For the purchase of a new home.
For the construction of a house on a leasehold or freehold plot.
For the construction of a house on land allotted by a Development Authority.
For Enhancing your home’s tiling/flooring/plaster/painting.
For adding space to your existing house.
For extending some part of your existing house.
For purchasing a plot.
B. HDFC Reach Home Loans Interest Rate:-
1. For HDFC Reach Home Loans, House Renovation Loan, and Home Extension Loan
Trufixed = 3 Years
Loan Slab
HDFC Home Loan Interest Rate
Any Loan Amount
10.00% – 13.50%
2. For HDFC Top-up and Residential Plot Loans
Trufixed = 3 Years
Loan Slab
HDFC Home Loan Interest Rate
Any Loan Amount
10.50% – 14.00%
3. For Non Residential Premises and Loan Against Property
Trufixed = 3 Years
Loan Slab
HDFC Home Loan Interest Rate
Any Loan Amount
11.00% – 14.50%
C. Maximum Funding under HDFC Reach Home Loans:-
Maximum Funding under HDFC Reach Home Loans
Home Loans / Home Extension Loans / Home Improvement Loans / Top-up Loans
Up to 80% value of the property
Non-Residential Premises Loans/ Plot Loans
Up to 60% market value of the mortgaged property
Loan Against Property
Up to 50% market value of the mortgaged property
HDFC Bank Home Loan Balance Transfer
What is home loan balance transfer: In a home loan balance transfer, customers transfer their outstanding home loan balance from an existing lender to a new one.
A home loan balance transfer is also known as Home loan Refinancing.
A. Purpose of HDFC Bank Home Loan Balance Transfer:-
For transferring your existing home loan to HDFC Bank.
B. HDFC Home Loan Balance Transfer Interest Rate:-
1. Special HDFC Home Loan Rates for Salaried, Self-employed Professionals, and Self-employed Non-professionals
HDFC Bank Balance Transfer Home Loan Interest Rate
Loan Amount
HDFC Home Loan Interest Rates
For the Credit Score of 800 and Above
8.20%
For others
8.40% – 8.90%
2. Standard HDFC Home Loan Rates for Salaried, Self-employed Professionals
HDFC Bank Balance Transfer Home Loan
Loan Amount
HDFC Home Loan Interest Rates – Women
HDFC Home Loan Interest Rates – 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. Standard HDFC Home Loan Rates for Self-employed Non-professionals
HDFC Bank Balance Transfer Home Loan
Loan Amount
HDFC Home Loan Interest Rates – Women
HDFC Home Loan Interest Rates – 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%
C. Maximum Funding under HDFC Home Loans:-
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
HDFC Home Loan NRI
HDFC offers home loans to NRIs, PIOs, and OCIs at attractive interest rates.
Purpose of HDFC Home Loan NRI:-
For the purchase of a flat/house from the developers in India.
For the purchase of property from the Development Authority.
For the construction of a freehold/leasehold plot in India.
For the purchase of properties in an existing co-operative housing society.
HDFC Pradhan Mantri Aawas 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:
The annual income of the beneficiary family should be below Rs.18 Lakhs.
FAQs
Q: What is the maximum home loan that I can obtain?
Ans: You can get an HDFC home loan of up to 90% value of the property.
Q: What are the Eligibility Criteria to avail Home Loan from HDFC?
Ans: 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.
Q: What is the maximum time period allowed for repayment of your home loan?
Ans: The maximum time period is 30 years for repayment of your HDFC home loan.
Q: Do I need a home loan guarantor?
Ans: Generally, you don’t need to provide a guarantor for taking an HDFC home loan.
Q: Is taking home loan insurance mandatory?
Ans: No, it isn’t mandatory to take home loan insurance.
Q: What is the CIBIL score for the HDFC home loan?
Ans: If you have a credit score of 700 and above, then your chances of getting an HDFC home loan are high.
Q: What is the current rate of interest for a home loan in HDFC Bank?
Ans: HDFC home loan interest rate ranges from 8.40% to 14.50%.
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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