Home > Compare Home loan Banks > HDFC Ltd Home Loan

HDFC Ltd Home Loan HDFC Ltd Home Loan

HDFC Ltd home loans available at affordable interest rates, lowest EMI, High Eligibility & low processing charges with easy procedure of home loan. HDFC Ltd is the biggest private lender in home loan segment with over 5.1 million home loan customers. HDFC Ltd extensive distribution network of 378 interconnected offices (including 103 offices of HDFC Sales) with outreach programs to several locations, reaching out to over 2,400 towns and cities all over India.

Key Highlights of HDFC Ltd Home Loan
Interest Rates for women 9.40% -9.90%
Interest Rates for Others 9.45% - 9.95%
Tru Fixed Loan 2 & 3 Year for women 9.50% - 10.00%
Tru Fixed Loan 2 & 3 Year for others 9.55% - 10.05%
Tru Fixed loan 10 Year for women 9.70% - 10.20%
Tru Fixed loan 10 Year for others 9.75% - 10.25%
Min. EMI per 1 Lakh Rs.834 (women), Rs.837 (others)

Apply Online for HDFC Ltd Home Loan Instantly
Loan Amount
Occupation
Annual income
location icon
54 ,02 , 013 Loan quotes taken till now
• 54 lakh customers serviced to get best Loan deals with deal4loans. Deal4loans views Published @ yourstory .com
• As RBI cuts rate, should you go for fixed home loan Deal4loans views Published @ Economic Times online

MCLR Rate for 1 Year 9.15% Base Rate 9.30%
Repayment period 5 - 30 Years

Processing Fees

0.50% or Max. Rs.2000

Max Loan amount upto 30 Lakh property value 27 Lakh Max. loan amount abv 30 lakh 75 - 80%
Min. Income for Salaried 12000 p.m Min. Income for Self Employed 16500 p.m

Who Can Apply for HDFC Ltd Home Loans?

You can apply individually or jointly for HDFC Ltd Home Loans. All proposed owners of the property will have to be co-applicants. However, all co-applicants need not be co-owners. Generally co-applicants are close family members.

HDFC Ltd Home Loan Interest Rates 2016: (Last updated on 15 June 2016)

Flexible / Floating home loan interest rates:
Loan amount Interest Rates
For women 9.40%
For other 9.45%
   
 

Repayment options: You can repay the loan amount in maximum upto 30 years.

Processing fees – you have to pay upto 0.50% of the loan amount or Rs.2,000 whichever is higher + taxes applicable on hdfc ltd home loans.

Trends of last 5 Years HDFC Home loans vs RBI Repo rate

Date Change by RBI in Rate Cut New Repo Rate Date New Base Rate of HDFC Ltd
  30-Dec-2015 9.30%
29 Sep 2015  (-).50% 6.75% 06-Oct-15 9.60%
4-Mar-15 0.25%- 7.50% 13-Apr-15 9.85%
15-Jan-15 0.25%- 7.75%
28-Jan-14 0.25% + 8.00%
29-Oct-13 0.25% + 7.75% 2-Nov-13 10.00%
20-Sep-13 0.25% + 7.50% 3-Aug-13 9.80%
3-May-13 0.25% - 7.25%
19-Mar-13 0.25% - 7.50% 30-Mar-13 9.60%
29-Jan-13 0.25% - 7.75% 31-Dec-12 9.70%
17-Apr-12 0.50% - 8.00% 30-jun-12 9.80%
25-Oct-11 0.25% + 8.50% 13-Aug-11 10.00%
16-Sep-11 0.25% + 8.25%  
26-Jul-11 1.25% + 8.00% 12-Jul-11 9.50%
25-Jan-11 6.50% 1-Jan-11 7.75%

Features & Benefits of HDFC Ltd Home Loan

• Attractive & lowest Home Loan Rates.
• You can choose from Fixed Rate or Floating Rate according to your needs.
• Maximum loan amount you can get upto 90% of the cost of the property.
• Easy repayment options of upto 30 years.
• Fastest loan approval even before a property is selected.

*Zero Processing Fees for Salaried and Self Employed Professionals when you shift your Home Loan to HDFC.

Documentation required for HDFC Ltd Home Loan

Salaried Customers Self Employed Professionals Self Employed Businessman
Application form with photograph Application form with photograph Application form with photograph
Identity and Residence Proof Identity and Residence Proof Identity and Residence Proof
Latest Salary-slip Education Qualifications Certificate and Proof of business existence Education Qualifications Certificate and Proof of business existence
Form 16 Last 3 years Income Tax returns (self and business) Business profile
Last 6 months bank statements Last 3 years Profit /Loss and Balance Sheet Last 3 years Income Tax returns (self and business)
Last 3 years Profit /Loss and Balance Sheet
Processing fee cheque Last 6 months bank statements
Processing fee cheque
Last 6 months bank statements (self and business)
Processing fee cheque

Maximam Loan Amount you can get for buy a home

Loan Amount Maximum Funding* or avail loan amount
Up to INR 75 Lacs 90% of the property value
Above INR 75 Lacs 80% of the property value

*Subject to Market value of the porperty and replacement capacity of the customer, as assessed by HDFC.

FAQS about HDFC Ltd Home Loans:

How will HDFC Ltd decide the loan amount I am eligible for?

HDFC ltd will determine your loan eligibility mostly by your income and repayment capacity. Other important factors include your age, qualification, number of dependants, your spouse's income (if any), assets & liabilities, savings history and the stability & continuity of occupation.

Do I get tax benefits on the home loan?

Yes. You are eligible for tax benefits on the principal and interest components of your Home Loan under the Income Tax Act, 1961. As the benefits could vary each year, please do check with our Loan Counselor about the tax benefits which you could avail on your loan.

Can I get a higher loan through my existing loan account to buy a new property?

Yes, you could go in for a ‘Home Conversion Loan’ whereby your existing loan (which you took to buy your current home) could be transferred to the new house with additional funds for the incremental cost of the new house, subject to your loan eligibility. This means you can move into your new home without having to go through the hassle of pre-paying your existing loan.

What is an under construction property?

An under construction property refers to a home which is in the process of being constructed and where possession would be handed over to the buyer at a subsequent date.

Can I repay my loan ahead of schedule?

Yes, you can repay the loan ahead of schedule by making lump sum payments towards part or full prepayment, subject to the applicable prepayment charges.


Corporate Office

HDFC Ltd
Ramon House, 169, Backbay Reclamation,
H T Parekh Marg, Churchgate
MUMBAI - 400 020.

Visit official website of HDFC Ltd

  • WRS Info India Pvt. Ltd.
    Address: E-32, Ground Floor, Sector - 8, Noida,
    Uttar Pradesh, India - 201301
    Email: contactus@deal4loans.com
  • Facebook linkedin Twitter Google plus

    DMCA.com
    © Copyright 2016, Deal4loans, India
  • Disclaimer: Information is sourced from respective Banks websites. We don't provide Loans on our own but ensures your information is sent to bank which you have opted for and we do not charge any fee from our customers. We don't do short term loans. Deal4loans has no sales team on its own and we just help you to compare loans. We do not provide any dsa of Banks. All loans are on discretion of the associated Banks. Read More