Interest Rates

Standard Rates 

Loan Slab Interest Rates (% p.a.)
Self Occupied Residential Property 8.95 - 9.95
Non - Self Occupied Residential Property 9.25 - 10.25


Retail Prime Lending Rate(Non Housing): 12.20%

Loan Slab Interest Rates (% p.a.)
Commercial Property 9.25 - 10.25

 

*HDFC BANK does not source any Home Loan business from any Lending Service Providers (LSPs).

Calculators

Documents

Following are the documents you would need to submit for all applicants / co-applicants along with the completed and signed Application Form for loan approval.

Fees & Charges

Loan Against Property Benefits

Customised Repayment Options

Tailor-made loans to suit your requirements.

Easy documentation

Apply with minimal documents, save time and effort.

24x7 assistance

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Online loan account

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Key Features

Loan against fully constructed, freehold residential and commercial properties for: Business Needs; Marriage, medical expenses and other personal needs; transferring your outstanding loan availed from another Bank / Financial Institution.

Easy and hassle-free documentation.

Simple repayments through monthly installments.

Integrated branch network for availing and servicing the loan anywhere in India.

Longer tenure, smaller EMIs.

Attractive interest rates.

Loan Against Property Eligibility

Important Factor Criteria
Age 21-65 years
Profession Salaried / Self Employed
Nationality Resident Indian
Tenure Up to 15 years

Classification of Self Employed

Self-Employed Professional Self Employed Non-Professional (senp)
Doctor, Lawyer, Chartered Accountant, Architect, Consultant, Engineer, Company Secretary etc. Trader, Commission Agent, Contractor etc.

How does adding a co-applicant benefit? *

  • Higher loan eligibility with an earning co-applicant.
  • Lower interest rate on adding a female co-owner as co-applicant.

*All co-applicants need not be co-owners. But all co-owners need to be co-applicants to the loans. Generally, co-applicants are close family members.

 

Maximum Funding

Existing HDFC Customers New Customers

The principal outstanding on all existing loans and the Loan Against Property being availed should not cumulatively exceed 60% of the Market Value of the mortgaged property as assessed by HDFC Bank.

Loan Against Property being availed should not, generally, exceed 50% of the Market Value of the property, as assessed by HDFC Bank.

Testimonials

Frequently Asked Questions

Loan against property is a secured loan that financial institutions provide against fully constructed, freehold residential and commercial properties. A mortgage loan can be availed for Personal and Business Needs(other than for speculative purposes) like marriage, medical expenses and child's education etc. Existing Loan Against Property from other banks and financial institutions can also be transferred to HDFC Bank.

For Existing Customers, the principal outstanding on all existing loans and the Loan Against Property being availed should not cumulatively exceed 60% of the Market Value of the mortgaged property as assessed by HDFC Bank. For New Customers, loan against property being availed should not, generally, exceed 50% of the Market Value of the property, as assessed by HDFC Bank.

Loan Against Property(LAP) can be availed by both salaried and self employed individuals for personal and professional needs(other than for speculative purposes) like marriage, Child's education, business expansion, debt consolidation etc.

You can avail a loan against property for a maximum term of 15 years or till your age of retirement ,whichever is lower.

Security of the loan would generally be security interest on the property being financed by us and / or any other collateral / interim security as may be required by us.

Yes ,Loan Against Property(LAP) can be availed against a fully constructed and freehold commercial properties .

You can find a checklist regarding documents required and applicable fees & charges on https://www.hdfc.com/checklist#documents-charges

Terms & Conditions

Security

Security of the loan would generally be security interest on the property being financed and / or any other collateral / interim security as may be required by HDFC Bank.

Other Conditions

All the information contained herein above is for awareness and customer convenience and is intended to only act as an indicative guide about HDFC’s products and services. For detailed information about HDFC Bank’s products and services kindly visit the nearest HDFC Bank branch.

Click here for the Most Important Terms and Conditions pertaining to your loan.

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LOAN TENURE

15 Years

Interest Rate

8.50% p.a.

MOST POPULAR

LOAN TENURE

20 Years

INTEREST RATE

8.50% p.a.

TAKE IT EASY

LOAN TENURE

30 Years

INTEREST RATE

8.50% p.a.

For credit score of 800 and above*

* These rates are as on today,

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"Appreciate the quick service and understanding at HDFC Housing Finance"
- Avinashkumar Rajpurohit,Mumbai

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