A "low interest" loan shouldn't mean you have very little interest in paying it back!
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    HDFC Ltd. Home Loan

    HDFC Ltd. offers affordable home loans to eligible borrowers with interest rates starting at 8.60% 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. HDFC Ltd. also offers a full waiver of prepayment charges for individual borrowers in order to aid affordable housing. 

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    We found 2 HDFC LTD Home Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.60% - 8.95% Floating
    Up to 0.5% (max. ₹11,800) One time fee
    5L - 10Crs
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.60% - 8.95% Floating
    Up to 0.5% (max. ₹11,800) One time fee
    5L - 10Crs
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know

    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 8.60%. The financing amount and tenure varies from scheme to scheme.

    HDFC Ltd. Home Loan Interest Rates

      Womens (p.a. in %) Others (p.a. in %)
    Up to 30 Lacs 8.60 8.65
    30.01 Lacs to 75 Lacs 8.85 8.90
    75.01 Lacs to Above 8.90 8.95

    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.) 8.60% 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.) 8.60% 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.) 8.65% 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.) 10.05% to 14.85% (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.) 8.60% 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.) 8.60% 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

    Use BankBazaar HDFC Home Loan EMI Calculator to Know Your EMI

    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
      "Satisfactory"
      0.5 5.0/5 "Blown Away!"
      I took 24L as home loan from HDFC LIMITED. They are providing excellent response and am very satisfied with the service. I took the loan in the month of September 2018. The rate of interest is too good, actual interest is 8.70% but they sanctioned the loan for 8.18% for 7 years.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 19, 2019
    • HDFC Limited
      HDFC Limited Home Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been taken my housing loan with HDFC LIMITED a while ago, the loan amount which they have given to me was sufficient, the rate of interest they have charged me was sufficient, the processing fee they have charged me which was minimal, still this loan is running, so far i did not face any issue.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jun 17, 2019
    • HDFC Limited Home Loan
      "Need to develop an online application"
      0.5 4.0/5 "Great!"
      I have taken a home loan in HDFC for more than 2 years before which was processed directly to bank. On time the loan was processed.The loan amount was sufficient for the tenure of 10 years. The rate of interest is okay when compare before now they have increased. The processing fee is okay. In HDFC housing support application is not working in proper.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jun 17, 2019
    • HDFC Limited Home Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I have taken a home loan in HDFC bank for more than one year. At the time loan process in easy manner and got sanctioned within a month for the amount of 25lakhs duration of 15 years. The rate of interest is nominal and the processing fee is applicable and nominal.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Jun 14, 2019
    • HDFC Limited Home Loan
      "Best Experience"
      0.5 5.0/5 "Blown Away!"
      From Hdfc Limited I took housing loan it was through online channel, my principal amount was Rs. 40 lakhs, the interest rate is nominal as per the RBI guideline, there was no processing fee taken from my end. I added my spouse as a co applicant, hence the process was easy. They are doing online documents its simpler. I purchased a land to construct an individual house.
      Was this review helpful? 2
      , chennai
      Reviewed on Jun 13, 2019
    • HDFC Limited Home Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been taken my housing loan with HDFC LTD from long time, the loan amount which they have given to me was sufficient, it was as per my requirement, the rate of interest they have charged me up to 8.8% which was less comparing to other bank, even the processing fee they have charged me was minimal, Still this loan is running.
      Was this review helpful? 1
      , ahmedabad
      Reviewed on Jun 11, 2019
    • HDFC Limited Home Loan
      "Best loan experience"
      0.5 5.0/5 "Blown Away!"
      From HDFC limited, I availed the housing loan of Rs. 35 lakhs for the duration of 10 years. They collected normal papers like kyc, address proof, from 16 and company id card. Within one week, the verification process was completed from the bank end. Without adding the co applicant I got good principal since I am a privilege customer.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jun 11, 2019
    • HDFC Limited Home Loan
      "Rate of Interest is high"
      0.5 4.0/5 "Great!"
      I took my home loan from HDFC since promoter had a tie up with HDFC, i have chosen them. I chosen the tenure period for 15 years. I have applied the loan amount of Rs. 7.5 lakhs and they have sanctioned the same. I am paying the EMI of Rs. 8293 and the amount has been deducted through ECS. They have not changed the rate of interest as per the RBI rules.
      Was this review helpful? 1
      , chennai
      Reviewed on Jun 09, 2019
    • HDFC Limited Home Loan
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      The experience was good and i am using the loan from last 2.5 years. The documentation process was simple and fast process to get the loan. The processing fee was there with this loan which was 5K approximately. The loan amount was good which was 5L. The rate of interest was nominal with this loan.
      Was this review helpful? 3
      , vadodara
      Reviewed on Jun 08, 2019
    • HDFC Limited Home Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I have taken Home Loan through HDFC Ltd which was directly taken .The rate of interest and the processing fee was very good compared to others .I have applied for the loan amount of 14lakhs for 20 years ,This loan is still active .I have got the loan amount on time and it was very sufficient as well.The agent gave all the information about the loan process clearly .
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 08, 2019
    • HDFC Limited Home Loan
      "Easy loan process"
      0.5 5.0/5 "Blown Away!"
      Since my salary account with HDFC hence i have chosen HDFC for my home loan. The loan process is easy because i hold a salary account with them. They have provided me a interest rate of 8.5% and the processing fee was Rs. 11000 for the loan amount of Rs. 30 lakhs and i have selected the tenure period of 20 years. Within 10 days, they have approved the loan.
      Was this review helpful? 2
      , chennai
      Reviewed on Jun 03, 2019
    • HDFC Limited Home Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I had taken a Home loan from HDFC bank. I had very good experience with HDFC , i use to pay EMI on time . I got hassles free services from customer executive of HDFC . Rate of interest is is high in market . My loan amount is up to the mark. Overall it is good .
      Was this review helpful? 2
      , hyderabad
      Reviewed on Jun 03, 2019
    • HDFC Limited Home Loan
      "Should be transparent to the customer"
      0.5 4.0/5 "Great!"
      HDFC Limited housing interest is higher they wont give conscious to the customer when they raise the interest, they just want to make the customer to pay higher emi. Every 3 months it get renew, they should send reminder for reversing the interest. They should keep the customer satisfactory in terms of interest . The loan amount was Rs. 50 lakhs for the duration of 15 years.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jun 03, 2019
    • HDFC Limited Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have closed the home loan in HDFC LIMITED around 8months back. The services are good and also the interest rate is okay. There was a processing fee. I got tenure of around 15years for my topup loan and the home loan is 20 years. I have purchased a residential property.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Jun 02, 2019
    • HDFC Limited Home Loan
      "Excellent service provider"
      0.5 5.0/5 "Blown Away!"
      HDFC limited housing loan process was very easy, the bank have taken only one week to sanction the loan. Because all papers are clear, its belongs to builder property as well. I took the loan amount Rs. 20 lakhs for the duration of 25 years. They gave me home insurance along with the loan.
      Was this review helpful? 2
      , mumbai
      Reviewed on May 31, 2019
    • HDFC Limited Home Loan
      "Need improvement in customer service"
      0.5 4.0/5 "Great!"
      I taken HDFC loan amount they sanction 21 laksh and tenure period 30 years EMI amount is 14213 and rate if interest 9.60 floating rate. On time received loan amount disbursed .if check customer care about foreclosure charger they are unable to answer my quires.
      Was this review helpful? 2
      , mumbai
      Reviewed on May 30, 2019
    • HDFC Limited Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have taken my housing loan with HDFC LTD from past one year, the loan amount which they have given to me was sufficient, they have given me as per my requirement, the rate of interest they have charged me was nominal, the loan came on time without much formality, still this loan is running.
      Was this review helpful? 2
      , coimbatore
      Reviewed on May 29, 2019
    • HDFC Limited Home Loan
      "Interest rate should be reduced"
      0.5 4.0/5 "Great!"
      My HDFC Limited housing experience is very good, I took the loan amount of Rs. 14 lakhs to purchase independent house. They released they amount in one shot since its a ready to occupy property. There was some processing fee it was minimal. My process was hassle free , I gone to the bank and done the process.
      Was this review helpful? 3
      , hyderabad
      Reviewed on May 28, 2019
    • HDFC Limited Home Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I have taken a home loan in HDFC . As per my requirement I received a loan amount 1.20 lakhs for the duration of 13 years. The rate of interest is nominal and the processing fee is applicable. On time the loan got sanctioned from the bank. I got NOC from banker end immediately Customer service is very good
      Was this review helpful? 1
      , chennai
      Reviewed on May 28, 2019
    • HDFC Limited Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have been using my housing loan with HDFC LTD from long time, the loan amount which they have given to me was good, it was sufficient as per my requirement i got, but after valuation property i found it was less, the rate of interest they have given to me was 8.65% which was nominal, the interest rate use to varies , still this loan is running.
      Was this review helpful? 2
      , jaipur
      Reviewed on May 27, 2019
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