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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 14 Dec 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)
    1. HDFC Plot Loan
      • 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)
    2. HDFC Rural Housing Loan
      • 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)
    3. HDFC Reach Home Loan
      • 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)
    4. HDFC Home Improvement Loan
      • 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)
    5. HDFC Home Extension Loan
      • 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)
    6. HDFC NRI Home Loan

      • 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
      "Easy to apply loan"
      0.5 3.5/5 "Pretty good"
      I have applied a Home loan through online. My application canceled by HDFC Limited because my net salary is Rs. 25k they said its not sufficient for the loan approval. Customer service was not so good, not so bad, it is average. I think, the rate of interest was 8-10%.
      Was this review helpful? 0
      , jaipur
      Reviewed on Dec 11, 2019
    • HDFC Limited
      HDFC Limited Home Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I have taken Home loan directly through HDFC LTD .The loan amount was sanctioned on time without any delay .The agent shared all the details about the loan process ,I have submitted the required documents on time ,This loan is still active and there was difficulties faced so far .The loan tenure is for 5 years ,i have completed 1 year successfully and need to pay EMI for another 4 years.
      Was this review helpful? 3
      , nasik
      Reviewed on Dec 07, 2019
    • HDFC Limited Home Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I have taken home loan directly through HDFC LTD .The rate of interest was 8.25% it was nominal and all the details aboput the loan process was clearly explained by the agent .I have submitted the documents through the agent.I have got the loan amount sanctioned on time .I am satisfied with the service so far .
      Was this review helpful? 3
      , thiruvananthapuram
      Reviewed on Dec 05, 2019
    • HDFC Limited Home Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have taken Home loan directly through HDFC Ltd.The rate of interest and the processing fee was nominal .The loan amount got on time and there was no difficulties .This loan is still active and paying the premium through EMI basis without any hassle got this loan .I am completely satisfied with the service .
      Was this review helpful? 1
      , pune
      Reviewed on Dec 05, 2019
    • HDFC Limited Home Loan
      "Need to decrease the rate of interest"
      0.5 5.0/5 "Blown Away!"
      I had applied for a home loan with HDFC Limited. The loan amount was Rs. 22,00,000 and the rate of interest was 8% when i was applied , but now it increased to 9.4% need to work in rate of interest. I am paying Emi monthly Rs. 18,500 and the tenure was 18 years. They have taken my documentation and also completed the verification as well executive supported me very nicely.
      Was this review helpful? 3
      , coimbatore
      Reviewed on Nov 29, 2019
    • HDFC Limited Home Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I have applied for Home loan directly through HDFC Limited .The rate of interest was very less it is only 8.35 or 8.55% criteria but i am not sure about the exact percentage .The premium is paid on EMI basis and got the loan amount on time and not faced any difficulties .I am totally satisfied with the service.
      Was this review helpful? 1
      , mumbai
      Reviewed on Nov 22, 2019
    • HDFC Limited Home Loan
      "HDFC is giving a good service"
      0.5 5.0/5 "Blown Away!"
      I have taken my home loan from HDFC Limited. Purchased my loan more than 5 years back. I got the loan amount of Rs. 20 lakhs and they have taken 3 months to sanctioned the loan and the delay from my side to provide the documents. I'm satisfied with the interest rate of 8.5%
      Was this review helpful? 4
      , malegaon
      Reviewed on Nov 21, 2019
    • HDFC Limited Home Loan
      "DO Not applly HDFC Home loan"
      0.5 0.5/5 "Unacceptable"
      There are lots of cheaters in HDFC home loan and Credit department, They all are just wasting time, never confirmed status of any query, I have a bad experience with HDFC, As salesperson I m eligible for home loan, and interest rate is 8.25. after applying 20 days later they confirmed me to u are not eligible for loan due to ur Company is in LLP firm. They asking for the company balance sheet. also he told me to ur interest rate will be 8.55. How can is it possible. before applying salesperson called me more than 20 times but after apply I called him more than 50 times but he never receives my call. many time I message him to meet me but no luck.
      Was this review helpful? 7
      , pune
      Reviewed on Nov 21, 2019
    • HDFC Limited Home Loan
      "Need to provide more loan amount"
      0.5 4.0/5 "Great!"
      I had taken home loan with HDFC LIMITED on 5 years before with tenure period of 15 years but they have offered me a low amount of 10L. Since my property belongs to rural area. Rate of interest was 10% initially but now reduced to 8% as per RBI. EMI payment is good. There is option for pre closure without charges. They have sanctioned a loan after 15 days which can be faster.
      Was this review helpful? 4
      , chennai
      Reviewed on Nov 16, 2019
    • HDFC Limited Home Loan
      "Best Service"
      0.5 4.0/5 "Great!"
      I have taken Home loan through HDFC Bank directly.The rate of interest was nominal ,The loan amount got sanctioned on exact time frame .All the details about the loan process was clearly explained by the agent. and the process was smooth .The loan amount was sufficient and satisfied with the service as well.
      Was this review helpful? 1
      , navi mumbai
      Reviewed on Nov 13, 2019
    • HDFC Limited Home Loan
      "Transparency and clear in HDFC"
      0.5 5.0/5 "Blown Away!"
      HDFC home loan service is excellent because they are very transparent in giving the details. Their process is very clear. I bought the loan amount of Rs. 15 lakhs and it was taken for 20 years and the EMI amount was Rs. 15000 but i pre-closed the loan by last year. There is no hidden charges.
      Was this review helpful? 3
      , jaipur
      Reviewed on Nov 08, 2019
    • HDFC Limited Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I applied for the HDFC limited home loan through bank executive and the loan got disbursed with in one week. The required document are more. The approved loan amount is 17 lakhs for 25 years of tenure with rate of interest. of 8.90%. Processing fee is Rs.7000.
      Was this review helpful? 4
      , pune
      Reviewed on Oct 31, 2019
    • HDFC Limited Home Loan
      "Satisfactory service"
      0.5 4.0/5 "Great!"
      I applied for the HDFC Limited home loan before 4 years with the floating Interest rate of 8.65%, now the interest rate is 9.25%. The approved loan amount is 39 lakhs for 15 years of tenure. In between I have paid 3 part payment with out any charges. once payment done we can increase and reduce both EMI and tenure at the same time. The processing is zero but debited Rs.10,000 from loan amount. In last EMI would be reduced calculating the debited amount. The online transaction cannot be done for part payment, I have to go to bank directly to pay the amount.
      Was this review helpful? 2
      , bangalore
      Reviewed on Oct 30, 2019
    • HDFC Limited Home Loan
      "Service is Good"
      0.5 4.0/5 "Great!"
      I have availed Home loan through HDFC Limited directly.The rate of interest was very low t was upto 8.47%.I have got all the detail about this loan very clearly through the agent.The loan amount got on time and it was really sufficient as well.The processing time was one month for this loan .
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 24, 2019
    • HDFC Limited Home Loan
      "Worst service"
      0.5 2.0/5 "Expected more"
      They won't allow any customer to pay the partial payment and they will keep on increasing the interest rate. To attract the customers, they will say its a low interest. Even RBI has reduce the interest rate they will reduce upto 0.5% hence i won't recommend this HDFC Limited Home loan. The service is not good. Even i sent a mail, the will ask me to contact the branch.
      Was this review helpful? 6
      , chennai
      Reviewed on Oct 20, 2019
    • 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? 3
      , thane
      Reviewed on Oct 17, 2019
    • 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? 1
      , 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? 1
      , 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? 2
      , 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
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