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Home Loans

A new home brings with it new hopes, joys and emotions. At HDFC, we have shared new hopes, joys and emotions with over 4.6 million customers. Every customer has a specific and unique concern. Having earned an experience of over 35 years in home loans, Our home loan product is customised to provide you solutions for your unique concern.

Features
  • Maximum Loan Amount
    Loan Amount Maximum Funding*
    Upto Rs 75 lacs 80% of market value
    Above Rs 75 lacs 75% of market value

    * Subject to market value of the property and repayment capacity of the individual, as assessed by HDFC
  • Maximum Term
    The maximum period of repayment of a loan shall be upto 30 years (Telescopic Repayment option) under the Adjustable Rate Home Loan product, depending upon the specific repayment scheme as may be opted (*).
    The maximum period of a loan shall be upto 20 years under the Fixed Rate Home Loan product.
    Repayment will not ordinarily extend beyond your age of retirement if you are employed or on reaching 70 years of age, whichever is earlier. However, HDFC will endeavour to determine the repayment period to suit your convenience.
    (*) For more information, you are requested to visit HDFC’s nearest office or Check our various repayment schemes
  • Applicant and Co- Applicant to the loan
    Home Loans can be applied for either individually or jointly. Proposed owners of the property, will have to be co-applicants. However, the co-applicants need not be coowners.
  • Adjustable Rate Home Loan
    Loan under Adjustable Rate is linked to HDFC's Retail Prime Lending Rate (RPLR). The rate on your loan will be revised every three months from the date of first disbursement, if there is a change in RPLR, the interest rate on your loan may change. However, the EMI on the home loan disbursed will not change*. If the interest rate increases, the interest component in an EMI will increase and the principal component will reduce resulting in an extension of term of the loan, and vice versa when the interest rate decreases.
    * Conditions Apply

  • Interest Rate

    Salaried and Self-employed professionals :
         
    Wef : 1st December, 2013 RPLR: 16.75%  
     
    Loan Slabs Applicable Variable rates %
    ( Monthly Rest Basis )
    Basis : RPLR minus Spread
    Upto and including Rs 30 lacs 10.50% to 11.00% RPLR - 6.25 to - 5.75
    Over Rs. 30 lacs 10.75% to 11.25% RPLR - 6.00 to - 5.50

    Click here to view our special interest rates

    Self-employed non-professionals :
         
    Wef : 1st December, 2013 RPLR: 16.75%  
     
    Loan Slabs Applicable Variable rates %
    ( Monthly Rest Basis )
    Basis : RPLR minus Spread
    Upto and including Rs 30 lacs 10.50% to 11.00% RPLR - 6.25 to - 5.75
    Rs 30.01 lacs to Rs 3.00 Cr. 10.75% to 11.25% RPLR - 6.00 to - 5.50
    Rs 3.01 Cr. to Rs 5.00 Cr. 11.00% to 11.50% RPLR - 5.75 to - 5.25
    Rs 5.01 Cr. And above 11.25% to 11.75% RPLR - 5.50 to - 5.00

    Click here to view our special interest rates

    The above rates are subject to change without notice.


Purpose
  • Purchase of
    • Flat, row house, bungalow from developers
    • Existing freehold properties
    • Properties in an existing or proposed co-operative housing society or apartment owner's association
    • First Power of Attorney purchases in Delhi for DDA flats allotted before 1992.
    • Refinance (balance transfer) of an existing home loan from another financial institution.