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    HDFC Home Loan

    Apply for HDFC home loan with BankBazaar at affordable interest rates and minimal documentation. Quick processing and quality service makes BankBazaar a go-to place to apply for HDFC home loan. Get Rs 5000 GiftCard on before 31st May'19 disbursed.

    We found 2 HDFC Home Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.80% - 9.05% Floating
    Up to 0.5% (max. ₹11,800) One time fee
    5L - 10Crs
    1-30 Years
    Response Time : Within 30 minutes
    Rs.5,000 Amazon Voucher
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.80% - 9.05% Floating
    Up to 0.5% (max. ₹11,800) One time fee
    5L - 10Crs
    1-30 Years
    Response Time : Within 30 minutes
    Rs.5,000 Amazon Voucher
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    HDFC Home Loan is Rated as "Great!" by 5863 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Home Loan BYTES FROM OUR KITCHEN

    HDFC bank is one of the leading banks in the nation that couples its quality products with exemplary customer service. One of their most popular and trusted products is their home loan. A HDFC home loan can be availed easily by visiting one of their several branches located across the nation or can be applied online as well.

    HDFC Limited Home Loan Interest RatesUpdated on 22 Jan 2019

    HDFC Limited Home Loan Details
    Interest Rate 8.80% to 9.05%
    Processing Fees Up to 0.50% of the loan amount or Rs.11,800 whichever is minimum
    Loan Tenure 1 Year to 30 years
    Guarantor Requirement No Guarantor Required
    Partial PrePayment Charges Nil
    Pre-closure Charges Nil

     

    HDFC housing loan

    What makes a good home loan, especially a housing loan in India In the order of severity, competitive interest rate, expansive set of features, ease of application, flexible tenure and expert customer support are the primary factors that define the popularity of any home loan option.

    HDFC bank takes its standing as a customer favorite seriously and series of additional features and benefits. The bank and is always on the forefront of innovation and simplification of traditional banking practices. No wonder, HDFC bank has emerged as an overwhelming favorite amongst the Indian populace, even though it isn’t as old as some of the other goliaths in the intensely competitive landscape of Indian banking.

    HDFC Housing Loans are offered per the following conditions:

    • For purchase of new homes
    • For purchase of resale homes
    • For constructing new homes and/or purchase of property
    • Transfer of home loan from another lender onto HDFC

    HDFC Bank Updates Home Loan Interest Rates

    HDFC bank has recently updated their home loan interest rates. All home loan borrowers will now have to pay a rate of interest of 8.80% to 9.05% p.a.

    Latest Updates on HDFC Home Loan Interest Rate

    HDFC Bank hikes its Retail Prime Lending Rate

    HDFC Bank has reportedly announced a hike in interest rate on its housing loans. The Retail Prime Lending Rate (RPLR) has been increased by 10 basis points (bps) or 0.10%. The new rates will be effective from 01 October 2018. The announcement was made ahead of the Reserve Bank of India’s (RBI) fourth bi-monthly monetary policy review. RBI had earlier hiked the key repo rate by 0.25% or 20 bps in its third bi-monthly monetary policy review in the month of August.

    Additionally, the bank offers the following types of home loans , based predominantly on the type of audience targeted:

    Super Duper Deals Home Loan Offer On BankBazaar:

    • Offer Run Date: 1st January 2019 to 31st January 2019.
    • Offer on Home Loan: Get Rs. 5000 Amazon gift voucher on disbursal
    • Eligibility Cut-off: All home loan disbursed cases on or before 30th April 2019
    Click Here to Apply
     
    Home Loan Type Target Audience
    Home Loan for Salaried and Self-Employed Professionals who are self-employed and salaried, non-professional self-employed people.
    HDFC Pre-Approved Loan Scheme For those looking to negotiate better with their sellers or mark their own financial credibility.
    HDFC NRI Home Loan Non-resident Indians willing to purchase a property in India.
    HDFC Home Loan Transfer For those looking to shift from existing exorbitant interest rates and costly EMIs over to HDFC’s advantage in this regard.
    Home Improvement Loan (HIL) Looking to upgrade home/property by making structural improvements, painting, and waterproofing, roofing and internal, external repairs.
    Home Extension Loan Addition of extra rooms to an existing home, or similar modifications.
    HDFC Special Home Loan for Agriculturists For farmers to buy property in residential areas of villages. No mortgage of agricultural land is required.
    HDFC Rural Housing Finance This loan is extended to private sector and government employees for properties in rural residential areas.

    Expounded in this document are reasons why you must look out for the HDFC home loan option, its various features and benefits, criteria adding up to the HDFC home loan eligibility, the latest interest rates and other such vital details. Read on…

    Features and benefits of HDFC housing loan

    The following pointers elevate HDFC housing loan to the top of its class:

    1. Comprehensive loans for the purchase of flats, apartments, independent house, housing properties from private developers in suitably approved projects, properties from public sector development companies like BDA (Bangalore Development Authority) etc.
    2. Competitive, attractive and affordable interest rates .
    3. Innovative customized product offerings including home extension loans, home improvement loans, etc.
    4. Customer friendly repayment options including flexible repayment tenure of upto 30 years.
    5. Zero hidden charges and complete transparency with regards to the application, approval and repayment stages.
    6. Simplified loan processing with door-step service. Also, legal and technical assistance available to help you evaluate your requirements better and make the correct choice.
    7. Vast network of bank branches and additional resources to ensure country wide availability and servicing.
    8. Special offers for NRI, farmers, agriculturalists, horticulturalists, people employed with the Indian Army etc.

    HDFC home loan eligibility

    Prospective borrowers must satisfy the following criteria to be deemed eligible for the home loan from HDFC Bank:

    1. Housing loans can be applied for individually or jointly with a co-applicant(s).
    2. Every proposed owner of the property is counted as a co-applicant. However, all co-applicants are not deemed as co-owners. Ideally, co-applicants are immediate family members.
    3. HDFC Housing Loan are offered to salaried and Self-Employed individuals. The proposed borrower must possess all relevant documents to prove this status.
    4. HDFC NRI Home Loan , naturally, are offered to certify Non-Resident Indians. It is imperative that the proposed applicant prove his/her status as an NRI.
    5. HDFC Rural Home Loans are offered to farmers, agriculturalists, horticulturalists, dairy farmers, etc.

    HDFC Bank, in its individual capacity, may require additional proof and qualifications to consider you eligible for a home loan. Kindly consult your nearest HDFC Bank for the same.

    Documents required for HDFC home loan

    In order to avail the HDFC Bank Housing Loan, a prospective borrower must supply the following documents that confirm his/her identity, address, occupation, salary and other such vital details. A detailed list of documents are as follows:

    Requirement Requisite Documents
    Identity and address proof Voter’s ID, Aadhaar Card, Passport, Driving Licence, PAN Card.
    Income proof Last 6 months bank statement with clear attribution to monthly salary credits, Last 3 months salary slips, Latest Form-16 and IT returns.
    Additional documents Employment contract, Appointment letter (applies only if the current employment is less than a year old), Cheque to effect payment of the processing fee, Passport sized photographs of applicant and co-applicants (this must be suitably appended to the application form and said applicant/co-applicants must sign across the same), Bank statement for the last 6 months to ascertain payments for other ongoing loan repayments in this duration.
    Documents relating to property Copies of buyer agreement or allotment letter (whatever the case may be), Receipts of payments made to the developer.

    HDFC home loan essentials for salaried individuals

    Home loans offered by HDFC Bank can be applied for either jointly or individually. Proposed property owners will have to be the co-applicants. But all co-applicants do not necessarily have to be co-owners as well. In most cases, co-applicants of the loan would generally be close family members. The maximum period for repayment of loan (general) is 20 years while the

    Maximum Period for Repayment of Loan (Telescopic Repayment Option) is 30 years.

    HDFC home loan essentials for self-employed

    Anyone can apply for a home loan either individually or with a co-applicant. The same rules apply for Home Loans sanctioned to self-employed individuals where co-applicants do not have to necessarily be co-owners as well. In most cases, co-applicants of the loan would generally be close family members.

    Types of home loan for salaried individuals and self-employed individuals

    • TruFixed Home Loan: A customer is offered two choices which are a part adjustable rate term and a part fixed rate term. TruFixed Home Loan can be availed for a maximum term of 2/3 years where the rate will be fixed after which the loan will automatically get converted into an adjustable rate for a total term of 20 years.
    • Adjustable Rate Home Loan: This is a type of loan where the Home Loan falls under the Adjustable Rate category and this is linked to the Retail Prime Lending Rate (RPLR). Changes in the RPLR leads to a revision of the interest rate on the loan every three months. If there is an increase in the interest rates, the interest component that is part of the EMI that you pay will also increase and vice versa when there is a reduction in the interest rate of the loan. The principal component will reduce which results in the extension in the term of the loan.

    Who comes under the self-employed category?

    • Self-Employed Professional (SEP)
    • Engineer
    • Consultant
    • Chartered Accountant
    • Lawyer
    • Doctor
    • Architect
    • Company Secretary
    • Self-Employed Non-Professional (SENP)
    • Commission Agent
    • Contractor
    • Trader

    HDFC bank home loan MCLR

    The Marginal Cost of Funds-based Lending Rate (MCLR) announced by HDFC Bank with effect from October 8, 2018, are as given in the table below:

    Loan Tenure MCLR Rate
    Overnight 8.30%
    1 Month 8.30%
    3 Months 8.35%
    6 Months 8.50%
    1 Year 8.65%
    2 Years 8.80%
    3 Years 8.95%

    HDFC Bank provides home loans with the 1-year MCLR as the base rate. To this, the bank adds a business margin to arrive at the actual home loan interest rate.

    HDFC home loan fee and charges

    When referring to fees and charges attached to the HDFC Bank Housing Loan, their decremented magnitude and transparent nature are highly commended by the borrowers of this enterprising home loan product. Herein, a table of applicable fees and charges gives you a bird’s eye view of the overheads attached to your proposed loan,

    Item Fees
    Processing Fee 0.50% of loan amount or Rs.2000 (whichever is higher) plus taxes.
    Prepayment Charges- Adjustable Rate Home Loans (ARHL)
    • Loans sanctioned to individuals: -Nil-
    • For all other loans: No prepayment charges for any amount upto and equal to 25% of the initial principal balance for a given fiscal year.
    • If amount is in excess of 25%: 2% prepayment charges + taxes. Herein prepayment is done within 3 years from the loan’s disbursement date.
    • Post 3 years: No prepayment charges when part prepayments are made. However, if a full prepayment is made, and the same is done with the help of a loan from a bank, housing finance company, NBFC or other financial institution, then 2% fee + taxes apply.
    Prepayment Charges- Fixed Rate Home Loans (FRHL)
    • No prepayment charges apply if said payment is made from a personal source. A personal source by definition relates to money that isn’t sourced from a bank, housing finance company, NBFC or any other financial institution.
    • Alternatively, if a non-personal source (as listed above) is used then 2% of the outstanding amount that is being prepaid, alongside taxes will apply.

    How to calculate EMI for HDFC bank home loan

    Where there are home loans, there are home loan EMIs. Equated Monthly Installments are a reality of life and calculating them with the precision of a chartered accountant isn’t everybody’s cup of tea. BankBazaar.com simplifies this ardous task with its friendly Home Loan EMI Calculator . The process listed below will help you ascertain the EMIs applicable on your HDFC housing loan in mere minutes:

    1. On the BankBazaar.com homepage, seek out the ‘EMI Calculator’ option amongst the navigational links provided in the page’s footer. For the more adventurous, check out this link as part of ‘Finance Tools’ that’s listed on the hidden navigational panel, next to the ‘Login’ option, on the navigational panel at the top right corner of the page. Click on the three horizontal lines that will open up this menu panel.
    2. Done? Spread before you is the Loan EMI Calculator page. Scroll down a bit to discover the ‘Home Loan EMI Calculator’ link. Click on the same.
    3. Next, you are led to a fairly simple page that is dominated by two scales. Aptly, ‘Loan Amount’ must be set for your overall loan amount and ‘Tenure’ must be configured for the repayment tenure that applies to your home loan.
    4. The next two fields will account for the ‘ Interest Rate in % ’ and ‘Processing Fee- marked in terms of % of loan amount’. Supply both these values.
    5. Next, choose if you would like to make pre-payments on the loan amount? If the YES option is chosen, the resultant slab will seek additional information such as pre-payment frequency, pre-payment amount, pre-payment fee and situation wherein pre-payment will apply. Kindly provide all requisite details.
    6. Hit the prominently red, Calculate button.
    7. Within seconds, you have before you all the required information, including the monthly home loan EMI , amount that will correspond to the processing fee and the total interest amount due. Plus, an impressively laid out amortization table will further simplify this calculation through a visually appealing infographic.
    8. Queries? Notice the floating graphic titled ‘How to use EMI Calculator’ on the right hand side of the page? Click on the same to have your basic queries resolved with regards to the functionality and applicability of the home loan EMI calculator.

    And that’s it. How does it feel to be a certified master of the Home Loan EMI calculator?

    Pradhan mantri awas yojana – CLSS (Credit Linked Subsidy Scheme) by HDFC bank

    MHUPA or Ministry of Housing and Urban Poverty Alleviation introduced the Credit Linked Subsidy Scheme or CLSS in 2015 under the Pradhan Mantri Awas Yojana. It aims at housing for all by 2022, including construction, purchase, improvement and extension of the property. This initiative has been taken for the MIG (Middle Income Group), LIG (Lower Income Group) and EWS (Economically Weaker Section).

    Eligibility criteria under PMAY scheme:

    • The beneficiary family must not have a pucca house anywhere in India. His/her family member also cannot have a pucca house.
    • No central assistance should have been availed by the beneficiary family under any Government housing scheme.
    • For a married couple, both in joint ownership or either of them will be considered eligible for single subsidy.

    Beneficiary under pradhan mantri awas yojana scheme:

    Beneficiary family includes wife, husband and the unmarried children. Under the MIG category, a person can be treated as a separate household if he/she is an adult and earning. This is irrespective of the marital status of that individual.

    PMAY interest rates:

    • The interest subsidy can be availed for a period of 20 years, which is the maximum loan tenure under this scheme.
    • The NPV or Net Present Value of the interest subsidy is calculated at 9% (discount rate).

    How to apply for HDFC home loan at BankBazaar.com?

    What happens when a popular home loan product meets a disbursal platform that is given top marks for user experience and informational value? You get the blueprint to apply for HDFC housing loan on BankBazaar.com. The steps, as listed below, are simple and quick:

    1. On the BankBazaar.com homepage, select the ‘LOANS’ option from the navigational panel at the top. Next, select ‘Home Loan’ from the ensuing scroll-down table.
    2. Spread before you is an impressive selection of BankBazaar’s most popular home loan products. Scroll down and select the HDFC Home Loan option. Notice the immediate availability of some of the basic information relating to this product: Range of interest rate, Range of processing fee, Loan amount offered and Tenure range. Helpful, right? Aside from the above information, two buttons are immediately visible: Explore & Get Quote.
    3. Explore: Clicking on this button will open up a page with listing of all the varied home loan products offered by HDFC. Additionally, the page gives comprehensive information about the various facets of this loan option. There is an ‘Apply Now’ link listed on the right hand corner of this page that can be seen if you scroll down a wee bit. Clicking on this link will open up the wizard that is better described in the next point.
    4. Get Quote: Clicking on this option will launch a wizard that will guide you through a series of queries that are designed to check your eligibility for this loan. Just answer this simple questionnaire and click on the ensuing ‘Submit’ button. You also have the option to save your application form.
    5. Finally, the application will be forwarded to HDFC Bank for further processing. The status of your loan application will be regularly updated to you through SMS notifications and timely emails.

    Why apply for HDFC home loan on BankBazaar.com?

    When speaking of the best third party website for comparing banking products in India, BankBazaar.com is the overwhelming favorite. The following lists the express reasons why you should apply for your HDFC Bank Home Loan on BankBazaar.com:

    1. Incredibly Simple: All the requisite information with regards to the housing loan from HDFC Bank are comprehensively listed and can be easily found on the website.
    2. Unbiased Reporting: As BankBazaar is a third party website, we aren’t towing HDFC’s agenda. Thus, you will be treated to the most current reviews, opinions, rates and information pertaining to HDFC Home Loan without the hint of an obvious marketing angle.
    3. Easy Application Process: User experience is very dear to BankBazaar.com, thus the basic loan application procedure is simplified to the maximum. Additions such as checking your eligibility and home loan EMI calculation are neatly laid out and can be easily utilized. BankBazaar.com strives to be your one-stop-shop when it comes to HDFC Home Loans in India.
    4. Saves Time: Unlike the offline option, or pinging up the bank’s own online portal, BankBazaar’s treatment of this home loan product is very personalized and devoid of unnecessary red-tape. Thus, aside from saving time, it saves your energy, monies and the very fragile patience.
    5. Watch Out for the Offers & Discounts: From time to time, BankBazaar puts forth offers and discounts to benefit its horde of loyal customers. Gift coupons, cashback and other surprises are there for the taking, why not benefit from the same?
    6. Join the Community of Happy BankBazaar Customers: BankBazaar.com has been around for a while and has earned the reputation as one of the ‘go-to’ websites when it comes to online home loan application. Its HDFC Housing Loan product is a clear favorite and has been the undisputed choice of thousands of satisfied customers, just as you will eventually be. Read the peer reviews and check out what others before you have to say about HDFC’s home loan.
    7. Compare Against Similar Housing Loans: BankBazaar.com lists home loan products from a plethora of other popular lenders in India. If you aren’t completely convinced about the home loan option from HDFC, take a dive into the other options available to you (thanks to BankBazaar’s homegrown loan selection wizard) and select the one that best suits your express requirements.

    HDFC home loan repayment

    HDFC Bank offers a number of repayment options that are intended to help the borrower customize his/her repayments in line with his/her unique conditions. Flexibility is the key here and the customer is free to choose the option that works best for him/her. Summarily, the following repayment options are available:

    Step Up Repayment Facility (SURF): This repayment scheme is based on the expected income growth of the borrower. In the initial years, you can pay substantially lower instalments and still avail a high quantum of loan. Subsequently, the repayment increases proportionally with the assumed growth in the borrower’s income.

    Tranche Based EMI: In case you purchase a property that is under construction, you are required to pay the interest amount for the loan till the final disbursement of loan amount and then pay the EMIs thereafter. With tranche based EMI, customers can immediately start on the principal repayment and start paying EMIs on cumulative disbursed amount.

    Flexible Loan Instalments Plan (FLIP): FLIP is essentially a customized solution that is linked to the repayment capacity of the borrower which may change through the loan tenure. The repayment schedule is configured in such a way that the instalment is higher during initial years of the term and then decreases proportionally to the income.

    Accelerated Repayment Scheme: This is a flexible scheme where you can increase the EMIs every year, proportional to your income growth which will enable you to repay the loan much faster.

    Telescopic Repayment Option: Telescopic repayment plan will get the borrower a longer repayment tenure of up to 30 years which means the EMIs will be more affordable and the loan eligibility will also be enhanced.

    HDFC home loan FAQ:

    1. How is my home loan eligibility determined by HDFC?

      HDFC bases the loan eligibility on the customer’s repayment capacity which is decided by several factors like income, age, occupation, co-applicant’s income, number of dependents, assets & liabilities and savings history. You can check for your own eligibility here.

    2. Can I structure my home loan as part fixed or part floating?

      Yes, HDFC Bank offers you the flexibility to schedule your home loan as part floating or fixed in line with your own convenience and requirements.

    3. What is the processing fee for HDFC Home Loans?

      The processing fee is up to 0.50% of the total loan amount or Rs.2,000 whichever is higher plus taxes as applicable.

    4. Am I allowed to prepay my loan? If so, what will be the prepayment penalty?

      Yes, you can make prepayments on your HDFC Housing Loan. The penalty charges for prepayment are listed here.

    5. Who can I assign as co-applicant(s) for the home loan?

      When you are applying jointly for HDFC bank housing loan, all proposed owners of the house must be co-applicants. But, all co-applicants need not necessarily be co-owners. Co-applicants are generally immediate family members.

    6. What is a ‘Plot Loan’?

      The HDFC Plot Loan is a type of home loan that allows borrowers to purchase a plot of land wherein they can eventually build a house. The advantage with this is that the borrower can decide upon his/her requirements in terms of the design of the house and other such requirements. All the essential conditions associated with the standard HDFC home loan shall apply here as well.

    7. What is a ‘Short Term Bridging Loan’?

      As the name so aptly describes, a Short Term Bridging Loan is a financial ‘bridge’ that takes care of your needs before you move into your brand new home, and are still running through the process of selling your old house. This interim period could result in double the expenditure and compliance with a whole bunch of legal and personal issues- necessitating the need for an all-encompassing Short Term Bridging Loan.

    8. Why must I move my existing home loan over to HDFC?

      Not all home loan products are created equal. For long, it was inferred that signing up with a particular home loan provider was a commitment that would only end after the loan has been completely repaid. Also, this meant that the lender’s high interest rates had to be complied with, and that better loan options from other lenders that emerged at a later date were to be seen as missed opportunities. Not anymore!!

      The following are express reasons why you must move your existing home loan over to HDFC:

      • Simple transfer procedure, followed by a chance to gain an additional top-up loan of Rs.35 lakhs.
      • Attractive and best in class interest rates that help you save money.
      • A bunch of customized repayment options to help you pay off the loan amount easily.
      • Absolutely 0% hidden charges.
      • An exhaustive network of HDFC Bank branches across India wherein your loan request can be effectively and quickly serviced.
    9. What are the essential things to remember when applying for the HDFC Home Loan online?

      Online activity, be it simple net surfing or purchasing products/services through shopping portals, must always be cautiously undertaken. When applying for the HDFC housing loan online, ensure that you pay attention to the following:

      Legitimate Source: Online phishing scams are as common as cucumbers in a vegetable salad. Trusted websites like BankBazaar.com offer you the genuinely and security that will help you be confident when sharing your personal and financial information online, in the pursuit of your own HDFC Home Loan.

      Keep Your Information Handy: All the vital details that form the crux of a KYC cycle must be kept handy. This will save you the trouble that is usually associated with the supply of wrong information.

      Know Your CIBIL Score: When considering your eligibility for the loan, all lenders will seek out your CIBIL score to confirm your reliability as a borrower. Keep your nose clean, clear off existing loans and do not default on repayments. A good CIBIL score is literally money in the bank!!

      Seek Help When Needed: When applying for the HDFC Housing Loan online, there will be occasions when concerns and queries will crop up. In such scenarios, dive down to the expert BankBazaar customer support option and get your queries resolved.

    10. What purpose do HDFC Home Improvement Loans serve?

      As the name clearly mentions, a home improvement loan helps you improve the aesthetic and functional qualities of your home. The HDFC Home Improvement Loan can be used for such varied purposes as painting the house, tiling and flooring, plastering, construction of a sturdy fence or border, etc. The borrower must however sufficiently prove that the disbursed loan will be used for the exact purpose for which it is intended.

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    HDFC LTD Home Loan Reviews

    • HDFC Limited Home Loan
      "Superb service"
      0.5 5.0/5 "Blown Away!"
      I have taken home loan with HDFC LTD 11years back. Interest rate is nominal in the market, and my loan amount is 57lakh and it is satisfactory. There is no hidden charges. I use to pay 68555 as EMI per month . Customer service response is good. I am very happy with their services .
      Was this review helpful? 0
      , new delhi
      Reviewed on Jan 20, 2019
    • HDFC Limited Home Loan
      "Good loan services"
      0.5 4.0/5 "Great!"
      I have taken my home loan from HDFC ltd. 8 years ago, i have purchased this loan. Since the interest rate is low, i have selected the HDFC. They have given me a rate of Interest of 9.25% and they have charged me a processing fee of Rs. 2500. I have applied the loan amount of RS. 12 lakhs and they have sanctioned the loan on time.
      Was this review helpful? 0
      , indore
      Reviewed on Jan 19, 2019
    • HDFC Limited Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have applied for the home loan with HDFC LTD , the tenure period is 20 year .The rate of interest is nominal. The process was easy in HDFC BANK to take the home loan. The processing fee is okay. They gave the foreclose option also with this bank . Loan amount is good .
      Was this review helpful? 0
      , kolkata
      Reviewed on Jan 19, 2019
    • HDFC Limited Home Loan
      "Good Loan services"
      0.5 4.0/5 "Great!"
      My home loan was purchased with HDFC in the year of 2017 October. I have applied the loan amount of Rs. 33 lakhs and they have sanctioned the same. I have got the interest rate of 9.15% and it slashed upto 8.95%. Total tenure period of the loan is 18 years.
      Was this review helpful? 0
      , pune
      Reviewed on Jan 19, 2019
    • HDFC Limited Home Loan
      "Should be transparent"
      0.5 5.0/5 "Blown Away!"
      I felt the interest rate is bit different when compared to nationalized bank, I would say private sectors are hiding something , but nationalized are transparent. I took the loan amount around Rs.28 lakhs for the tenure of 15 years, the interest rate is floating one.
      Was this review helpful? 0
      , chennai
      Reviewed on Jan 19, 2019
    • HDFC Limited Home Loan
      "Good in Service"
      0.5 5.0/5 "Blown Away!"
      I had applied for a Home loan with HDFC and at the time of applying there was no delay in my application. The procedure was easy and my application got processed on time. The interest rates that is on my loan amount is reasonable as per the market value.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jan 13, 2019
    • HDFC Limited Home Loan
      "Experience is good"
      0.5 5.0/5 "Blown Away!"
      HDFC LTD is good overall and the process is good for the home loan. The customer services and response is good and there are no issues to get the loan. They processed the loan very fast and the rate of interest and processing charges are normal too.
      Was this review helpful? 0
      , ghaziabad
      Reviewed on Jan 12, 2019
    • HDFC Limited Home Loan
      "Experience is good"
      0.5 5.0/5 "Blown Away!"
      I am very happy with HDFC LTD for the home loan. The customer services and response is good. I also got the loan on time. The process was very easy. The rate of interest and the processing fee is normal as I got the loan without any delay or hassles.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jan 12, 2019
    • HDFC Limited Home Loan
      "Very Good Service"
      0.5 4.0/5 "Great!"
      The experience with this Home Loan from them has been quite good where there hasn't been any hassle faced with the services of them. The loan amount has been sufficient and the interest rate with them has been nominal when compared with the market rate. There has not been any sort of additional charges which they had made so far.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Jan 10, 2019
    • HDFC Limited Home Loan
      "Easy to get a home loan"
      0.5 4.0/5 "Great!"
      I have purchased my home loan with HDFC in the year of 2014. Since the interest rate is 8.5% i have chosen them. I have been paying the EMI amount of Rs. 15000 every month and the will be auto deduction from my account. Total tenure period of the loan is 13 years. There was no processing fee and preclosure, partial payment facility is available.
      Was this review helpful? 1
      , kochi
      Reviewed on Jan 10, 2019
    • HDFC Limited Home Loan
      "Better"
      0.5 5.0/5 "Blown Away!"
      I have applied my home loan from HDFC LTD through online portal. The customer service is good. The rate of interest is nominal. I have purchased a residential property. The documents are collected by the executive. The loan was disbursed within 15 days.
      Was this review helpful? 3
      , delhi
      Reviewed on Jan 08, 2019
    • HDFC Limited Home Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I had applied my home loan from HDFC LTD through online portal. The customer service and response was excellent. The rate of interest and charges are reasonable. They have taken almost 15 days to disburse the loan. The executive came to my place and collected the documents. They have collected the processing fee and it was refunded after the first EMI.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Jan 08, 2019
    • HDFC Limited Home Loan
      "Average"
      0.5 4.0/5 "Great!"
      I had a good experience from HDFC Ltd on home loan. I have some difficulties in rate of interest, initially they have informed me around 8.2% but later they have increased 1% and they have informed at the final stage of approval. If they said earlier I would have chosen other alternative option. I have purchased a residential property.
      Was this review helpful? 1
      , chennai
      Reviewed on Jan 08, 2019
    • HDFC Limited Home Loan
      "Very poor service"
      0.5 1.0/5 "Really Bad"
      I took my home loan from HDFC Ltd through online portal which am not satisfied. I have taken an insurance along the home loan, till the approval of loan they were good in service. After the disbursement the service is not at all good its like a government sector. The rate of interest is same like other banks. I will close the loan in very short span after my full disbursement.
      Was this review helpful? 0
      , vadodara
      Reviewed on Jan 08, 2019
    • HDFC Limited Home Loan
      "Good"
      0.5 3.0/5 "Satisfactory"
      I have taken my home loan from HDFC Limited through online channel. The interest rate is near about 8.85%, it was high. The loan tenure is 16 years and no difficulties in submitting the documents via online. I have purchased a residential house and EMI is 60K through ECS. The processing fee was high and loan was disbursed after one month.
      Was this review helpful? 1
      , nagpur
      Reviewed on Jan 08, 2019
    • HDFC Limited Home Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      I have taken a home loan from HDFC LTD through online channel. Many times I need to followup them and visited the office which is near to my place for the loan and keep on requesting me the documents at last moment. The rate of interest was okay. They need to inform in the beginning which will be easier. I have purchased a residential property.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jan 08, 2019
    • HDFC Limited Home Loan
      "Excellent Service"
      0.5 4.5/5 "Excellent!"
      It was quite a good experience with this Home loan where the process was quite simple and smooth. The loan amount which they had provided has been sufficient and the interest rate with them has been nominal as well. There has not been any sort of additional charges which they had made so far.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 08, 2019
    • HDFC Limited Home Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I have taken my home loan from HDFC LTD through online portal. The customer service is good. The rate of interest is okay. The loan tenure is 30 years and am planning to reduce 15 months. I have purchased a residential property. The documents are collected by the executive.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jan 08, 2019
    • HDFC Limited Home Loan
      "Better"
      0.5 5.0/5 "Blown Away!"
      I took my home loan from HDFC LTD through online portal. The customer service is better. I have purchased a residential property. I got an email from HDFC few days back, they are giving to raise the rate of interest. Previously it was around 8.85 or 8.95% but now its going to be10%. The loan duration is 30 years.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Jan 08, 2019
    • HDFC Limited Home Loan
      "Good Loan services"
      0.5 3.0/5 "Satisfactory"
      Taken my home loan with HDFC. They have taken too much of time to process the loan. I have applied the loan amount of Rs. 20 lakhs. They have given me a interest rate of 11% and there has been no processing fee. I've been paying the EMI amount of Rs. 16000 and it will be deducted through ECS.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 07, 2019
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