HDFC Home Loan

HDFC Home Loans provides cost-effective housing finance solutions to qualified applicants, featuring competitive interest rates commencing at 8.50% per annum. You can initiate your journey with an EMI as low as Rs. 762* per lakh for loan tenures of up to 30 years.

For employed individuals, the processing fee for these home loans is capped at a maximum of Rs. 3,000 (plus applicable taxes), while self-employed individuals may incur a fee of up to Rs. 5,000 (plus applicable taxes).

Interest Rates for HDFC's Home Loans

HDFC Home Loans' 2023 Interest Rates 

HDFC Home Loans offer a starting interest rate of 8.50% per annum. The institution provides various home loan options, including:

HDFC Home Loans EMI Calculator

Our user-friendly online tool simplifies EMI calculations for you swiftly. Simply input key loan information such as the loan amount, interest rate, loan tenure, and processing fee. Click the "calculate" button to instantly determine your EMI. Afterward, you'll receive an amortization table that offers a detailed overview of your payment schedule.

HDFC Home Loans Eligibility Criteria

Customer eligibility for HDFC Home Loans primarily hinges on income and the ability to repay the loan. Additionally, HDFC Home Loans considers several other factors, including the applicant's age, credit score, and credit history. The fundamental eligibility criteria can be summarized as follows:

Particulars Salaried Individuals Self-Employed Individuals
Age 21 years to 65 years 21 years to 65 years
Minimum Income Rs.10,000 p.m. Rs.2 lakh p.a.
Nationality Resident Indian Resident Indian

HDFC Home Loans Schemes

HDFC Home Loans provides a wide range of home loan plans tailored for both salaried and self-employed individuals. Here is a comprehensive list of the available schemes for customers to choose from:

HDFC Home Loan

HDFC Plot Loan

HDFC Rural Housing Loan

HDFC Reach Home Loan

HDFC Home Improvement Loan 

HDFC Home Extension Loan

HDFC Top-Up Loans

HDFC Balance Transfer Loans

HDFC NRI Home Loans

HDFC PMAY (Pradhan Mantri Awas Yojana) 

Disclaimer

Required Documents for HDFC Home Loans 

The necessary documents for HDFC Home Loans include:

For Salaried Individuals:

Income Verification:

Additional Documentation:

For Self-Employed Individuals:

Income Verification:

Additional Documentation:

Common Documents for Salaried and Self-Employed

Document Type Document Required
Proof of identity and address Aadhar card, voter ID, passport, or driving license
Property-related documents
  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)

How to Apply for HDFC Home Loans?

Applying for an HDFC Home Loan is convenient, and you have three options to choose from:

Application through CredBharat:

Online Application via HDFC Home Loans Portal:

Offline Application through a Branch Office:

Choose the method that best suits your preferences and needs to initiate your HDFC Home Loan application.

HDFC Home Loans Customer Care

HDFC Home Loans Customer Care is available to assist you with any inquiries, questions, or concerns you may have.

Toll Free Number 1800 258 38 38 and 1800 22 40 60
HDFC Corporate Office Address
HDFC House, H T Parekh Marg, 165-166, Backbay Reclamation, Church gate, Mumbai Pin-400 020

Contact Number: +91 (22) 6663 6000

Hdfc Home Loan FAQ's

Home loan tenure can vary depending on the scheme. Factors impacting tenure include: 1. Your profile 2. Your age at loan maturity 3. Age of the property at loan maturity 4. Chosen repayment scheme
HDFC Home Loans offer various repayment choices, such as: 1. Tranche Based EMI 2. Step Up Repayment Facility 3. Accelerated Repayment Scheme 4. Flexible Loan Instalments Plan 5. Telescopic Repayment Option 6. Please note that these options may not apply to all schemes.
1. Adding a co-applicant can: 2. Increase the loan amount. 3. Secure better interest rates, especially with a female co-applicant.
1. Home Extension Loan: Used to add rooms or spaces to your existing home. 2. Home Improvement Loan: Utilized for renovating your house.
HDFC Home Loans disburses funds in installments for properties under construction, based on construction progress.
EMIs commence from the month following loan disbursement. For under-construction properties, you can opt to start EMIs after full loan disbursement, or choose to start earlier with the first subsequent disbursement.
Loan eligibility is determined based on factors like income, credit history, and repayment capacity. The stability and continuity of your occupation also play a significant role in this assessment.

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