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  • HDFC Ltd. Home Loan

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  • HDFC Ltd. offers affordable home loans to eligible borrowers with interest rates starting at 8.25% p.a. over extended loan tenures up to 30 years. The processing fee associated with these housing loans ranges from 0.50% to 1.50% of the loan amount (Min. Rs.3,000; Max. Rs.4,500) plus applicable taxes depending on the type of employment.

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    We found 1 HDFC LTD Home Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.25% - 8.65% Floating
    Up to 0.5% (max. ₹11,800) One time fee
    5L - 10Crs
    1-30 Years
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    HDFC Ltd. Home Loan Details

    You can apply for a home loan from HDFC Ltd. for purchasing a flat, bungalow, row house, properties from MHADA, DDA, plot construction, home extension, and more. These loans come with a maximum tenure of 30 years and are available to salaried and self-employed individuals. Women borrowers get a home loan interest rate concession of 0.05%.

    Updated as per Latest Rates on 24 Oct 2019
    Retail Prime Lending Rate 16.65%
    Loan Amount Based on customer profile
    Processing Fees Up to 1.5% of loan amount (min. Rs.3,000)
    Penal Interest Rate Up to 24% p.a.
    Prepayment/Foreclosure Charges 0% - 2%
    Max Tenure 30 Years
    Rate Packages Available Fixed/Floating

    For detailed information on fees and charges such as regulatory/statutory charges, document charges, and specific fees applicable on home loans to salaried, self-employed non-professional, and self-employed professionals, check out our HDFC Ltd. Home Loan Processing Fees and Charges webpage.

    HDFC Ltd. Home Loan Interest Rates 2019

    The interest rate offered to you will depend on several factors including your employment type. Find below the interest rates charged on different home loans for salaried and self-employed professionals/non-professionals:

    HDFC Ltd. Home Loan Floating Rates

    Loan Amount Interest Rates for Women Interest Rates for Others
    Up to Rs.30 lakh 8.25% p.a. 8.25% p.a.
    Rs.30.01 lakh to Rs.75 lakh 8.50% p.a. 8.55% p.a.
    Rs.75.01 lakh and above 8.60% p.a. 8.65% p.a.

    HDFC Ltd. Home Loan Schemes

    HDFC Ltd. offers a plethora of home loan plans for salaried and self-employed individuals. The schemes available include Home Loans, Plot Loans, Rural Housing Loans, HDFC Reach Loans, Home Improvement Loans, Home Extension Loans, and Loans for NRI/PIO.

    Other than these, you can also get the benefits of the Pradhan Mantri Awas Yojana/CLSS scheme through the HDFC Ltd. The interest rate for HDFC loans starts from 8.25%. The financing amount and tenure varies from scheme to scheme.

    HDFC Home Loan

    Key Highlights
    • Loans available for both salaried and self-employed individuals
    • Joint application facility available
    • Tenure of up to 30 years (Telescopic Repayment Option)
    • Financing of up to 90% of the total property cost
    Interest Rate (p.a.) 8.25% onwards for Adjustable Rate Home Loan
    Processing Fee
    • Up to 0.5% of the loan amount or Rs.3,000, whichever is higher plus applicable GST (for salaried and self-employed professionals)
    • Up to 1.5% of the loan amount or Rs. 4,500, whichever is higher plus GST (for self-employed non-professionals)

    HDFC Plot Loan

    Key Highlights
    • No hidden charges
    • Customised repayment options
    • Competitive rates
    • Loans for salaried and self-employed individuals
    Interest Rate (p.a.) 8.50% onwards for Adjustable Rate Home Loan
    Processing Fee
    • Up to 0.5% of the loan amount or Rs.3,000, whichever is higher plus applicable GST (for salaried and self-employed professionals)
    • Up to 1.5% of the loan amount or Rs. 4,500, whichever is higher plus GST (for self-employed non-professionals)

    HDFC Rural Housing Loan

    Key Highlights
    • No hidden charges
    • Tenure of 20 years for agriculturalists
    • Competitive interest rates
    • Financing available for both salaried and self-employed individuals
    • Customised repayment options
    Interest Rate (p.a.) 8.30% onwards for Adjustable Rate Home Loan
    Processing Fee
    • Up to 0.5% of the loan amount or Rs.3,000 whichever is higher plus applicable GST (for salaried and self-employed professionals)
    • Up to 1.5% of the loan amount or Rs.4,500, whichever is higher plus applicable GST (for agriculturalists and self-employed non-professionals)

    HDFC Reach Home Loan

    Key Highlights
    • No hidden charges
    • Top-up loan facility available
    • Flexible repayment tenures
    • Loans available for both salaried and self-employed individuals
    • Competitive rates
    Interest Rate (p.a.) Starting from 9.95% (TruFixed Loan)
    Processing Fee 2% of the loan amount (for salaried and self-employed applicants)

    HDFC Home Improvement Loan

    Key Highlights
    • Loans available for both salaried and self-employed individuals
    • Maximum tenure of 15 years
    • 100% of the total home improvement cost provided for existing customers
    • Hassle-free documentation process
    • Easy repayment options
    Interest Rate (p.a.) 8.25% onwards for Adjustable Rate Home Loan
    Processing Fee
    • Up to 0.5% of the loan amount or Rs.3,000, whichever is higher plus applicable GST (for salaried and self-employed professionals)
    • Up to 1.5% of the loan amount or Rs. 4,500, whichever is higher plus GST (for self-employed non-professionals)

    HDFC Home Extension Loan

    Key Highlights
    • Competitive rates
    • Loans available for both salaried and self-employed individuals
    • Pay through monthly instalments
    • Hassle-free documentation process
    • Loan tenure of a maximum of 20 years
    Interest Rate (p.a.) 8.25% onwards for Adjustable Rate Home Loan
    Processing Fee
    • Up to 0.5% of the loan amount or Rs.3,000, whichever is higher plus applicable GST (for salaried and self-employed professionals)
    • Up to 1.5% of the loan amount or Rs. 4,500, whichever is higher plus GST (for self-employed non-professionals)

    HDFC NRI Home Loan

    Key Highlights

    • Competitive interest rates
    • Merchant Navy employees can avail this facility

    HDFC Home Loan EMI Calculator

    It’s always advised to calculate your EMI (equated monthly instalment) beforehand so that you can manage your finances properly after you take a loan. In order to do so, you can use the BankBazaar HDFC Home Loan EMI Calculator.

    This easy-to-use online calculator lets you calculate your EMI in no time. All you need to do is enter the relevant details related to your loan, including the loan amount, interest rate, loan tenure, and processing fee. Hit the button “calculate” to check your EMI amount. This is will be followed by an amortisation table giving you a comprehensive breakdown of your payment schedule.

    HDFC Home Loan Eligibility Criteria

    Age 18 years to 70 years
    Nationality Indian, NRI
    Type of Employment Salaried, Self-employed (professional and non-professional), and retired

    Documents Required for All Home Loan Applicants Under HDFC

    For self-employed applicants For salaried applicants
    • Identity proof: Aadhar card, voter ID, passport, or driving license
    • Income proof
      1. Income Tax Returns along with details of your businesses’ and your income for the last 3 years (attested by a chartered accountant)
      2. Balance sheet and profit and loss account statements for the last 3 years
      3. Last 6 years’ current account statements of your business and your savings account statements
    • Property-related papers:
      1. Copy of the buyer agreement and receipt of the payment made to the builder (for new homes)
      2. Title deeds, receipt of the payment made to the builder, and copy of the agreement to sell (for resale homes)
      3. Title deeds of the plot, proof of no encumbrances on the property, and construction estimate as given by the architect (for home construction)
    • Other documents
      1. Business profile
      2. Form 26 AS (latest)
      3. Proof of own contribution
      4. Partnership deed (if applicable)
      5. Details of your and your businesses’ ongoing loans (if any)
      6. Your and co-applicant’s passport-size photo with signature
      7. List of Directors and Shareholders of the company with shareholding details
      8. A cheque for processing fee to be paid towards HDFC Ltd.
    • Identity proof: Aadhar card, voter ID, passport, or driving license
    • Income proof
      1. Latest 3 months’ salary slips
      2. Last 6 months’ bank statements
      3. Latest Form 16 and IT returns
    • Property-related papers:
      1. Copy of the buyer agreement and receipt of the payment made to the builder (for new homes)
      2. Title deeds, receipt of the payment made to the builder, and copy of the agreement to sell (for resale homes)
      3. Title deeds of the plot, proof of no encumbrances on the property, and construction estimate as given by the architect (for home construction)
    • Other documents
      1. Employment details
      2. Proof of own contribution
      3. Last 6 month’s bank statement to show if there are any other loans
      4. Your and co-applicant’s passport-size photo with signature
      5. A cheque for processing fee to be paid towards HDFC Ltd.

    HDFC Pradhan Mantri Awas Yojna

    PMAY features the interest subsidy scheme, Credit Linked Subsidy Scheme (CLSS), that eases the burden of interest payment for aspiring homebuyers. The scheme aims to provide affordable housing to economically weaker sections of the society.

    Benefits of PMAY scheme

    • Interest subsidy of up to 6.5%
    • Even middle-income groups (MIG) can get subsidy on interest
    • No cap on the financing amount or the property cost

    HDFC Ltd. Home Loan FAQs

    1. What are the factors that will define the tenure for my home loan?

      The tenure may vary from scheme to scheme. However, there are certain factors that can have an impact on the tenure. They are:

      • Your profile
      • Your age at the time of loan maturity
      • Age of the property at the time of loan maturity
      • The repayment scheme you have opted for
    2. What are my repayment options?

      Some of the repayment options for home loans offered by HDFC Ltd. include:

      • Tranche Based EMI
      • Step Up Repayment Facility
      • Accelerated Repayment Scheme
      • Flexible Loan Instalments Plan
      • Telescopic Repayment Option

      Note that the plans mentioned may not be applicable for all the schemes.

    3. Other than processing fees and interest rates, what are the other charges that I may have to incur?

      Other charges include penalty charges for delayed payments, incidental charges, property insurance charges, fees on external opinion, regulatory charges, cheque dishonour charges, re-appraisal of loan charges, requests made toward photocopy of documents, changes in the loan term, prepayment charges, and conversion fees.

    4. What are the benefits of adding a co-applicant?

      You can maximise the loan amount by adding a co-applicant. Additionally, having a woman co-applicant will help you get better interest rates on your loan.

    5. Who can apply for an HDFC Ltd. Top Up Loan?

      Anyone with an existing Home Loan, Home Improvement Loan, or Home Extension Loan can avail the Top Up Loan facility. You can get up to Rs.50 lakh with this facility.

    6. What’s the difference between a Home Improvement Loan and Home Extension Loan?

      If you want to add extra spaces or rooms to your existing houses, the cost can be taken care of by availing the Home Extension Loan. On the other hand, you can take a Home Improvement Loan if you are planning to renovate your house.

    7. How long does it take to disburse the loan?

      If all your documents are valid, it won’t take too long to disburse the amount. If you are self-employed having a business of your own, the verification process may stretch a bit.

      

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    HDFC LTD Home Loan Reviews

    • HDFC Limited Home Loan
      "Hassle Free Loan"
      0.5 5.0/5 "Blown Away!"
      HDFC is a hassle free and quick loan services. Everything was done through online so no paper work required. I had applied the loan amount of Rs. 30 lakhs. They have sanctioned the loan in 5 days. Its floating interest rates and there was no hidden charges. I have chosen the tenure period of 15 years. If the RBI is reducing the interest rate but they decreased the same after 1 year but increment is happening immediately.
      Was this review helpful? 1
      , thane
      Reviewed on Oct 17, 2019
    • HDFC Limited
      HDFC Limited Home Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I had applied for home loan with HDFC limited on few months before, they have sanctioned a loan for 22 lakhs but due to some problem of my builder from my end I kept on hold for the loan process. They have detected for the processing fee of 11 thousands but they refunded 9 thousands rupees. The tenure of 15 years. Interest rate was nominal of 8.55%.
      Was this review helpful? 0
      , kanchipuram
      Reviewed on Oct 15, 2019
    • HDFC Limited Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      With HDFC limited I have taken home loan on 8 months before which was processed through them directly. They have approved for 8 lakhs but as of now I have taken only for 5 lakhs remaining 3 lakhs I will get later from their end. Due to shop will come in commercial loan so I have split the loan amount to get it. For the tenure of 15 years. The processing fee for 5000 rupees. The rate of interest 8.8%, they have sanctioned the loan within one month.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 15, 2019
    • HDFC Limited Home Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I have balance transfer for a home loan with existing finance to HDFC LIMITED. One month before only I have a transfer of a loan. They have outstanding amount of 10 lakhs for the tenure period of 10 years. The rate of interest is 8.6% only for mortgage charges for 8 thousands need to pay for it.
      Was this review helpful? 1
      , goa
      Reviewed on Oct 04, 2019
    • HDFC Limited Home Loan
      "Customer friendly loan service"
      0.5 4.5/5 "Excellent!"
      HDFC was the only bank which is offering for the home loan in the area where i have purchased the house so i opted with HDFC LIMITED. I had applied the loan amount of Rs. 28 lakhs and the given interest rate is 8.5% and they charged me a processing fee of nominal one. I took the loan 3 years ago and they took 40 to 50 days to sanctioned the loan.
      Was this review helpful? 2
      , ambala
      Reviewed on Oct 01, 2019
    • HDFC Limited Home Loan
      "Excellent"
      0.5 4.0/5 "Great!"
      I have completed my home loan with HDFC BANK before 3 years ago. I did foreclosure and that time the interest rate is not much. I bought a residential property and the loan procedure is very easy because my papers are strong and clear to proceed faster.
      Was this review helpful? 1
      , madurai
      Reviewed on Sep 29, 2019
    • HDFC Limited Home Loan
      "Easy process Loan"
      0.5 5.0/5 "Blown Away!"
      Took my home loan from HDFC and i got it 5 years back. My sister has referred me about the loan once i had applied, i got it immediately. I bought a loan amount of Rs. 8 lakhs for the tenure period of 15 years. Monthly i'm paying the EMI of Rs. 8200. They have sanctioned the loan in 1 week.
      Was this review helpful? 1
      , chennai
      Reviewed on Sep 18, 2019
    • HDFC Limited Home Loan
      "Good & Best"
      0.5 5.0/5 "Blown Away!"
      I have taken a home loan with HDFC BANK because the branch is very near to my place and the responsiveness was good. The rate of interest is okay and they have charged me a processing fee. The loan tenure is 240 months and its ongoing. The documents are submitted to the executive.
      Was this review helpful? 3
      , bangalore
      Reviewed on Sep 16, 2019
    • HDFC Limited Home Loan
      "Charges are nominal"
      0.5 4.0/5 "Great!"
      Its very quick service and processing time is minimal so i have taken the home loan from HDFC and the interest rate also nominal and charges are also. They have approved the loan in 10 days. I have chosen the tenure period of 10 years for the loan amount of Rs. 40 lakhs. The website should be improved in HDFC.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 14, 2019
    • HDFC Limited Home Loan
      "Rate of interest should change proactively"
      0.5 5.0/5 "Blown Away!"
      As per the demonstration policy HDFC limited is charging 9.20% of interest but SBI have already decreased the floating interest rate for housing loan. My principal amount is Rs. 16 lakhs for the duration of 20 years, there was no processing fee or insurance fee taken from the loan. But only concern about the interest, they should provide the best rate as per the market, and the process should happen proactively.
      Was this review helpful? 2
      , new delhi
      Reviewed on Sep 14, 2019
    • HDFC Limited Home Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I got my home loan from HDFC LIMITED because the builder has processed the loan. I have purchased a residential property before 4 years. The rate of interest is nominal and they have scheduled for floater plan. The processing fee is charged. The loan duration is 15years. The customer service is good.
      Was this review helpful? 2
      , mumbai
      Reviewed on Sep 14, 2019
    • HDFC Limited Home Loan
      "Need affordable interest"
      0.5 3.0/5 "Satisfactory"
      I arranged the money from other source hence I didn't take the home loan from HDFC Ltd but the drawback is they have higher rate of interest. However my expectation is upto 8 of interest hence I didn't go head for further procedure. It would be great if they reduce the rate of interest, that would be more convenient for the customer.
      Was this review helpful? 2
      , jaipur
      Reviewed on Sep 13, 2019
    • HDFC Limited Home Loan
      "Wonderful Experience"
      0.5 5.0/5 "Blown Away!"
      My home loan process was hassle free, I took Rs. 30 lakhs for the duration of 30 years. I submitted general documents like KYC, property documents, form 16 within a weeks time the amount credited in my account. At the time Hdfc branch manager was my friend they took care of everything.
      Was this review helpful? 0
      , lucknow
      Reviewed on Sep 12, 2019
    • HDFC Limited Home Loan
      "People friendly loan"
      0.5 3.0/5 "Satisfactory"
      HDFC Home loan service is not that much good. Comparing to Government sector, interest rates are in a higher part. At the time of process, HDFC people helped me a lot and they came to my place and they have collected all my documents hence i don't need to bother about the process. Whenever I'm sending mails, they are giving reply immediately.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Sep 07, 2019
    • HDFC Limited Home Loan
      "Interest rate should be affordable"
      0.5 4.0/5 "Great!"
      The loan process was easier for getting home loan from HDFC Limited, within expected time they sanctioned the amount. I submitted the KYC documents, property papers to them I took the loan around Rs. 35 lakhs with 10 years of loan period. They gave higher interest rate its far when compared to market.
      Was this review helpful? 1
      , bangalore
      Reviewed on Sep 06, 2019
    • HDFC Limited Home Loan
      "Good to go with HDFC Limited"
      0.5 4.5/5 "Excellent!"
      From HDFC limited I took the home loan, the documentation was simpler with required documents. More over they supported well to get it on time. The follow up was prompt, the field executive gave me door step service multiple times. Only one or two time I went to the bank. I took the loan amount Rs. 17 lakhs for the duration of 15 years. They taken processing fee around Rs. 9000 from the disbursement.
      Was this review helpful? 3
      , bangalore
      Reviewed on Sep 06, 2019
    • HDFC Limited Home Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have applied for HDFC Ltd Home loan through Online and got all the required information about the loan process through the agent .I am unable to avail this loan since my Mother passed away due to this reason cancelled the plan.I have submitted required documents as well.I have received proper follow up and response form HDFC Ltd.
      Was this review helpful? 2
      , jaipur
      Reviewed on Sep 05, 2019
    • HDFC Limited Home Loan
      "Good Experience"
      0.5 5.0/5 "Blown Away!"
      My salary account belongs to HDFC, when I applied for the housing loan the process was smooth. My dedicated relationship manager from the bank, they done the entire process, I applied for the loan amount of Rs.40 lakhs, overall I am fine with them.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 03, 2019
    • HDFC Limited Home Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I have taken a home loan from HDFC LIMITED on 4 years before which was processed directly to bank. The loan amount which was given for a sufficient amount for the tenure period of 20 years. But I have done down payment at earlier and now decreased to tenure of 10 years. The interest charges for this loan of 8.55%.
      Was this review helpful? 1
      , chennai
      Reviewed on Sep 03, 2019
    • HDFC Limited Home Loan
      "Service is Good"
      0.5 5.0/5 "Blown Away!"
      Chosen my home loan from HDFC its because of the easy accessibility and there is no lengthy process. I bought the loan amount of Rs. 12 lakhs for the tenure period of 15 years. They took 2 months to sanctioned the loan. There was some documents which i need to submit from my end thats the reason it got delayed. They have offered me a interest rate of 8.35%.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Aug 30, 2019
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