HDFC Home Loan

HDFC Ltd. Provides home loans beginning at 8.20% per annum for maturities up to thirty years and loan amounts up to Rs. 10 crores. Existing home loan customers from other banks and HDFCs can take advantage of the HDFC home balance transfer service. HDFC also offers Reach Loans to micro-enterprises and salaried individuals who may or may not have sufficient income documentation.

Its Rural Housing Loan program is intended for agriculturists, planters, horticulturists, dairy framers, and other rural and urban residents, as well as self-employed/salaried individuals, who desire to build or purchase a home in their hometowns or villages.

• Salaried and Self-employed borrowers: For the loan amount of Rs 30 lakh it will be 9.00% -9.50%. from Rs.30.01 lakh to Rs.75 lakh, the interest rate will be 9.25%-9.75%. From Rs. 75.01 and more, the rate will be 9.35%-9.85%.
• For Women: For the loan amount of Rs.30 lakh, the interest rate will be 8.95% – 9.45%. From Rs. 30.01 lacks to Rs. 75 lakhs, the interest rate is 9.20% – 9.70%. From Rs. 75.01 laks and more, the interest rate is 9.30% – 9.80%.

1. Mortgage Loans: The loan program is for the purchase of an apartment, bungalow, or raw house in an approved private developer’s project. Assets acquired from Development Authorities such as MHADA, DDA, and others.
2. HFDC Reach Home Loan: for micro-entrepreneurs and salaried individuals with insufficient income documentation, this housing loan is for the acquisition/construction of a home, the purchase of a plot of land, and the purchase of a shop/ office to conduct a business.
3. Home Balance Transfer Programme: This applies to existing home loans that have been moved from other banks/NBFCs to HDFCs at reduced interest rates.
4. Rular Housing Loan Scheme of HDFC: This is a program for agriculturists, dairy farmers, planters, and horticulturists who want to purchase a new or existing residential property in rural or urban areas.
5. Home Renovation Loan Programme: This is a program for house improvements such as tiling, flooring, painting, and plastering.
6. HDFC Plot Loan.
7. Home Extention Loan Scheme.