A "low interest" loan shouldn't mean you have very little interest in paying it back!
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    We found 2 HDFC Home Loan Interest Rates
    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
    Home Loan BYTES FROM OUR KITCHEN

    HDFC Home Loan Interest Rates

    HDFC Bank is one of the leading financial institutions in India, known for its comprehensive range of home loan products. They have helped millions of people in India achieve their lifelong dream of owning a house. The interest rates offered by HDFC bank vary between 8.80% - 9.05%, which happen to be highly competitive in today’s market.

    Rates and Charges Specification
    Rate of Interest 8.80% to 9.05%
    Partial Prepayment Charges Nil
    Pre-closure Charges Nil
    Tenure of the Loan 1 year to 30 years
    Guarantor Requirement No guarantor is needed
    Processing Fee Up to 0.50% of the total loan amount or Rs.11,800, whichever is lower

    HDFC Home Loan interest rates can be availed by either salaried professionals or self-employed people. The interest rates between the two categories will vary slightly, as shown in the tables below.

    HDFC Retail Prime Lending Rate hiked

    HDFC, one of the leading mortgage lenders in the country, has reportedly raised the Retail Prime Lending Rate (RPLR) on which all its adjustable interest rate housing loans are benchmarked by 0.10% or 10 basis points (bps). The new effective rates will be applicable from 01 October 2018. The statement was released ahead of the RBI’s bi-monthly monetary policy review on 03 October 2018 where the central bank is expected to hike the key repo rate to counter the rising inflation crisis.

    HDFC Home Loan Interest Rate for Salaried Professionals

    Salaried professionals can avail HDFC Home Loans at affordable rates ranging between 8.80% and 9.55%. The rate of interest associated with the home loans for women borrowers ranges from 8.80% to 9.50% depending on the loan slab. For other customers, the rate of interest on these home loans falls between 8.85% and 9.55%.

    Category HDFC Home Loan Interest Rate for New Homes HDFC TruFixed Loan - 2 Year Fixed Rate Variant for New Homes
    Interest Rate p.a. for Women (Loan amount up to Rs.30 lakh) 8.80% to 9.30% 9.30% to 9.80%
    Interest Rate p.a. for Women (Loan amount from Rs.30.01 lakh to Rs.75 lakh) 8.95% to 9.45% 9.45% to 9.95%
    Interest Rate p.a. for Women (Loan amount above Rs.75 lakh 9.00% to 9.50% 9.50% to 10.00%
    Interest Rate p.a. for Others (Loan amount up to Rs.30 lakh) 8.85% to 9.35% 9.35% to 9.85%
    Interest Rate p.a. for Others (Loan amount from Rs.30.01 lakh to Rs.75 lakh) 9.00% to 9.50% 9.50% to 10.00%
    Interest Rate p.a. for Others (Loan amount above Rs.75 lakh) 9.05% to 9.55% 9.55% to 10.05%

    HDFC Top Up Loans for Salaried Professionals

    Category Loan Amount Interest Rates
    Existing customers - 9.20% to 9.70%
    Women Up to Rs.30 lakh 8.80% to 9.30%
    From Rs.30.01 lakh to Rs.50 lakh 8.95% to 9.45%
    Others Up to Rs.30 lakh 8.85% to 9.35%
    From Rs.30.01 lakh to Rs.50 lakh 9.00% to 9.50%

    HDFC Home Loan Interest Rate for Self-Employed Professionals

    HDFC offers home loans to self-employed professionals at interest rates ranging from 8.800% to 9.55%. However, the interest rates associated with the HDFC home loans for women borrowers are slightly lower than others. The rate of interest applicable to the housing loans for women applicants/co-applicants ranges between 8.80% and 9.50% depending on the loan slab while the interest rate for other customers falls between 8.85% and 9.55%.

    Category HDFC Home Loan Interest Rate for New Homes HDFC TruFixed Loan - 2 Year Fixed Rate Variant for New Homes
    Interest Rate p.a. for Women (Loan amount up to Rs.30 lakh) 8.80% to 9.30% 9.30% to 9.80%
    Interest Rate p.a. for Women (Loan amount from Rs.30.01 lakh to Rs.75 lakh) 8.95% to 9.45% 9.45% to 9.95%
    Interest Rate p.a. for Women (Loan amount above Rs.75 lakh 9.00% to 9.50% 9.50% to 10.00%
    Interest Rate p.a. for Others (Loan amount up to Rs.30 lakh) 8.85% to 9.35% 9.35% to 9.85%
    Interest Rate p.a. for Others (Loan amount from Rs.30.01 lakh to Rs.75 lakh) 9.00% to 9.50% 9.50% to 10.00%
    Interest Rate p.a. for Others (Loan amount above Rs.75 lakh) 9.05% to 9.55% 9.55% to 10.05%

    HDFC Top Up Loans for Self-Employed Professionals

    Category Loan Amount Interest Rates
    Existing customers - 8.90% to 9.40%
    Women Up to Rs.30 lakh 8.70% to 9.20%
    From Rs.30.01 lakh to Rs.50 lakh 8.80% to 9.30%
    Others Up to Rs.30 lakh 8.75% to 9.25%
    From Rs.30.01 lakh to Rs.50 lakh 8.85% to 9.35%

    HDFC Home Loan Interest Rate for Self-Employed Non-Professionals

    Self-employed non-professionals can now avail HDFC Home Loan interest rates between the range 8.75% - 9.50%. For women borrowers, interest rates on the housing loans are comparatively lower based on the loan repayment scheme opted.

    Category HDFC Home Loan Interest Rate for New Homes HDFC TruFixed Loan - 2 Year Fixed Rate Variant for New Homes
    Interest Rate p.a. for Women (Loan amount up to Rs.30 lakh) 8.75% to 9.25% 8.85% to 9.35%
    Interest Rate p.a. for Women (Loan amount above Rs.30 lakh) 8.85% to 9.35% 8.95% to 9.45%
    Interest Rate p.a. for Others (Loan amount up to Rs.30 lakh) 8.80% to 9.30% 8.90% to 9.40%
    Interest Rate p.a. for Others (Loan amount above Rs.30 lakh) 8.90% to 9.40% 9.00% to 9.50%

    HDFC Top Up Loans for Self-Employed Non-Professionals

    Category Loan Amount Interest Rates
    Existing customers - 9.20% to 9.70%
    Women Up to Rs.30 lakh 8.80% to 9.30%
    From Rs.30.01 lakh to Rs.50 lakh 8.95% to 9.45%
    Others Up to Rs.30 lakh 8.85% to 9.35%
    From Rs.30.01 lakh to Rs.50 lakh 9.00% to 9.50%

    HDFC Home Loan Hidden Fees & Charges

    The following table illustrates additional fees and charges that you may incur with your HDFC home loan. Do understand these charges carefully in order to avoid any confusion down the road.

    Charges Description Amount
    Processing fee for any of the home loan products like extension loan, improvement loan, et cetera, for salaried and self-employed professionals Rs.2000/- or 0.50% of the loan amount; whichever is higher plus taxes as applicable
    Processing fee for any of the home loan products, for self-employed non-professionals Rs.3000/- or 1.50% of the loan amount; whichever is higher plus taxes as applicable
    Top Up Loan fee Rs.2000/- or 0.50% of the loan amount; whichever is higher plus taxes as applicable
    Switching fee for shifting to a lower rate under variable rate loans Up to 0.50% of the outstanding principal amount at the time of switch or Rs.50,000; whichever is lower
    Switching fee for shifting to a variable rate from a fixed rate loan
    Switching fee for moving from TruFixed rate to a variable rate 1.75% of the outstanding principal amount at the time of conversion
    Prepayment charges for variable rate loans No charges
    Prepayment charges for TruFixed loans/Fixed rate loans 2% of the amount that is being paid plus applicable taxes
    Prepayment charges for fixed and variable rate plot loans
    Change in loan term Rs.500/- plus taxes as applicable

    The aforementioned charges and interest rates are subject to change from time to time. It is advisable to visit the official website of HDFC Bank and go through the same before applying for a home loan.

    Before proceeding, keep in mind the following points:

    • The interest rates of these home loans fall under the purview of Adjustable Rate Home Loan, which is in turn linked to the Retail Prime Lending Rate (RPLR) offered by the HDFC Bank.
    • A change in the RPLR will result in a corresponding revision in the lending rate of your home loan. If the interest rate increases, then the interest component of your EMI will also increase, which in turn will increase the tenure of your loan. Similarly, a decrease in the interest rate will lead to a reduction of your loan tenure.
    • Additionally, the interest rates mentioned here are the same for all home loan products (unless mentioned otherwise) offered by HDFC Bank, for each of the respective categories (salaried and self-employed). This is applicable to the TruFixed Home Loan product as well, which offers a fixed interest rate for a maximum term of 2-3 years, after which the loan will be automatically shifted to an adjustable rate.
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