Following are the HDFC Bank Home Loan fees & charges:
|Loan amount||Up to 90% of property's value|
|Rate of interest||8.50% - 9.40% p.a.|
|Age||18 - 70 years|
|Tenure||Up to 30 years|
|Lowest EMI possible||Rs. 769 Per Lakh|
|Processing fee||Upto 0.50% of the loan amount or Rs. 3000/- whichever is higher + applicable taxes / statutory levies.|
|Foreclosure charges||Up to 2% of the outstanding balance amount|
|Penal Interest||2% p.a.|
The features of HDFC Bank Home Loans can be summarised as:
Note: For more information, visit https://www.hdfc.com/housing-loans/home-loans
HDFC Bank Important Links: hdfcbank.com/personal/useful-links/important-messages/product-features-and-policy
All HDFC bank home loan interest rates are benchmarked to Policy Repo Rate, which is currently 6.50%. HDFC Bank Home Loan current rate of interest starts from 8.50% - 9.40% p.a. Compare the rate of interest for various HDFC Bank home loans using the following table on ROI of HDFC Bank Home loan 2023:
Standard Home Loan Rates for Professionals & Non-Professionals
|Loan Slab||Spread||Interest Rates (p.a)|
|For All Loans||Policy Repo Rate + 1.90% to 2.50%||8.50% - 9.40%|
The above Home Loan interest rates are applicable for loans under the Adjustable Rate Home Loan Scheme (i.e. Floating Interest Rate) of HDFC Bank and are subject to change during disbursement. The HDFC Bank Home Loan interest rates given above are linked to the bank's Repo Rate and are variable throughout the tenure of the loan. All loans are at the sole discretion of HDFC Bank.
Let’s compare HDFC Bank home loan rates with rates of interest offered by other banks-
|Lender||Maximum Loan Amount||Interest Rate (p.a.)||Processing Fee|
|HDFC Bank Home Loan||Up to 90% of property’s value||8.50% - 9.40%||Up to 0.50% + applicable taxes|
|ICICI Bank Home Loan||Up to Rs. 10 Crores||9.00% - 10.05%||0.50% - 2% of the loan amount or Rs. 3,000 (whichever is higher) + applicable taxes & other statutory levies (if any)|
|SBI Home Loan||Up to 90% of property cost||8.40% - 10.15%||Up to 0.175% (minimum Rs. 2,000 & maximum Rs. 5,000) + GST|
|Axis Bank Home Loan||Rs. 5 Crores||9% - 14%||Up to 1%, minimum Rs.10,000|
|Bank of Baroda Home Loan||Rs. 10 Crores||8.60% - 10.60%||Up to 0.50% of the loan amount; 100% waiver, subject to recovery of out of pocket expenses of Rs. 7,500 + GST (Per Property) for lead sourced through Digital Channel & Rs. 8,500 + GST (Per Property) for lead sourced through Non-Digital Channel|
HDFC offers customised for resident as well non-resident Indians.
Let’s explore different types of HDFC Housing Loans:
Also check AnyRoR Gujarat Land Record.
You can instantly Calculate HDFC Bank Home Loan EMI using an online Home Loan EMI Calculator on our platform. All you have to do is fill up loan details like the loan amount, rate of interest, and the loan tenure. You will instantly get the EMI schedule along with the comprehensive amortisation table.
To help you compare home loan EMIs for HDFC Bank Home Loan, sharing below EMI Calculation for Rs 10 Lakhs to Rs 60 Lakhs amount for 10, 20 & 30 years at lowest rate of 8.50% p.a. The EMI will certainly change during the year as the home loan rate resets during the loan period.
|Loan Amount||10 years||20 years||30 years|
|Rs. 10 Lakhs||Rs. 12,399||Rs. 8,678||Rs. 7,689|
|Rs. 20 Lakhs||Rs. 24,797||Rs. 17,356||Rs. 15,378|
|Rs. 30 Lakhs||Rs. 37,437||Rs. 26,035||Rs. 23,067|
|Rs. 40 Lakhs||Rs. 49,594||Rs. 34,713||Rs. 30,757|
|Rs. 50 Lakhs||Rs. 61,993||Rs. 43,391||Rs. 38,446|
|Rs. 60 Lakhs||Rs. 74,391||Rs. 52,069||Rs. 46,135|
Furthermore, you can also use HDFC Bank home loan eligibility Calculator to assess the loan amount eligibility for your profile. Share income, existing liabilities and tentative EMI for the calculation.
Also check: HDFC Home Loan Cibil Score
Fees and charges associated with the HDFC Bank Home Loans are:
|HDFC Home Loan: Fees & Charges|
|Processing fees||Up to 0.50% of the loan amount or Rs. 3,000 (whichever is higher) + applicable taxes & statutory levies|
|Additional interest||Up to 18% p.a. on overdue installment amounts|
|Incidental charges & expenses||Levied to cover the cost, charges, expense & other monies as per actuals applicable to a case|
|Stamp Duty/ MOD/ MOE/ Registration||As applicable in the respective States|
|Fees/charges levied by entities such as CERSAI||As per actual charges/ fee levied by Regulatory bodies + applicable taxes & statutory levies|
|Fees/charges levied by such third parties such as mortgage guarantee company||As per actual fee/ charges levied by any third party + applicable taxes & statutory levies|
|Part prepayment charges||Up to 2% of principal outstanding being prepaid + applicable taxes|
|Foreclosure charges||Up to 2% of the principal outstanding + applicable taxes|
Check for 50 lakh home loan EMI and apply easily on MyMoneyMantra.
Eligibility for HDFC Bank Home Loan will vary according to your income, age, credit score, monthly fixed financial obligations like EMIs, credit history, retirement age and job/employment stability or business continuity. Before applying for HDFC Bank Home Loan, consider the following criteria:
Additional Info: Check Banglarbhumi West Bengal Land Record located in West Bengal.
Here is a quick list of documents that are required to be submitted/ uploaded with your HDFC Bank Home Loan application.
PAN & copy of any one of the following documents-
Identity Proof: Aadhar Card/ Passport/ Driving License/ Voter ID Card
Address Proof: Aadhaar Card/ Passport/ Latest utility bill like Electricity, Water or Gas Bill/ Registered Rent Agreement/ Lease Agreement etc
For New Homes:
For Resale Homes:
Get detailed list of HDFC Bank Home loan documents for different profiles- salaried, self-employed, NRI here: Documents Required for HDFC Bank Home Loan
HDFC Bank has designated dedicated home loan helplines for Customers Care.
New Delhi - 18002100018, 011-64807999
Mumbai- 18002100018, 022-64807999
For information on Home Loan- SMS "HDFCHOME" to 56767
Helpline numbers differ from city to city. You can get this information on the official website of HDFC.
Give a missed call to 09289200017 from your registered mobile number. A home loan executive will call you back.
You can also write your concerns directly on the link:
HDFC House, H T Parekh Marg,
165-166, Backbay Reclamation,
Churchgate, Mumbai - 400 020.
Working Days: Monday to Friday
Working Hours: 9:30 am to 5:15 pm
Tel: +91 (22) 66316000
Fax: +91 (22) 22046834
For Housing Loans in Mumbai
+91 (22) 66636000
Alternatively, use missed call or SMS Service to get the customer care support.
Additional Info: SBI Home Loan Customer Care Number
Apply for instant home loan online at Interest Rate starting from as low as 8.50% p.a. Pay EMI of just Rs. 762 per Lakh. Loan can be repaid in flexible tenure of up to 30 years. Apply now with minimal documentation. Check eligibility & get instant approval here.
The conversion fee of up to 1.75% of the principal outstanding and undisbursed amount (if any) + applicable taxes/ statutory levies at the time of conversion will be charged.
The processing fee is not refundable after the disbursal of the loan. Currently, the processing fee for salaried employees is up to 0.50% of the loan amount.
The cost of property, existing liabilities and take Home Salary are some of the important factors that determine your home loan eligibility. The minimum salary requirement for HDFC Bank Home Loan is Rs. 18000 for regular home loans and Rs 10,000 for low ticket home loans. The EMI should be below 50% of the take home salary.
Currently, HDFC Bank offers Home Loan Interest Rates starting from 8.40% - 9.00% p.a as part of its special scheme. Basis your income, age, loan requirement, credit history and property value the effective rate will be determined.
You can check HDFC Bank Home Loan Statement online by visiting the HDFC Bank website. Log in with your bank account and download Provisional Home Loan Statement to check the outstanding principal.
A lot of factors impact your Home Loan eligibility. The key eligibility factors are as follows:
Transferring existing Home Loan to HDFC Bank has many benefits:
Yes, you can apply for HDFC Bank Home Loan online. The process will just take a few minutes to complete. Make sure you are ready with your documents before initiating the online application for HDFC Bank Housing Loan. The application initiated on MyMoneyMantra will allow you to instantly apply directly through the HDFC Bank website.
To improve Home Loan eligibility, use following tips:
No, insurance with Home Loan is not compulsory. However it is always advisable to take an insurance cover with a high ticket long term loan such as Home Loan. It offers financial protection and peace of mind to your family in case of any eventuality as the loan repayment will be taken over by the insurance company in case of death of the borrower.
Yes, HDFC is one of the financial institutions that implement the Pradhan Mantri Awas Yojana.
No. Only Non Resident Indians (NRIs), Persons of Indian Origin (PIOs), and Overseas Citizen of India (OCIs) are eligible to apply for HDFC Home Loans. Merchant Navy personnel (only Indians) are also eligible to apply for HDFC Home Loans Schemes for NRIs.
HDFC Bank offers Home Loans from 75% to 90% of the property’s market value, also known as Loan to Value (LTV) ratio. The loan amount will also vary as per the product chosen and credit policy of the bank. The LTV guidelines are:
|Loan Amount||LTV % - Maximum Sanction Amount |
(subject to the market value of the property & repayment capacity of the borrower)
|Up to Rs. 30 Lakh||90% of the property value|
|Above Rs. 30 Lakh & up to Rs. 75 Lakh||80% of the property value|
|Above Rs. 75 Lakh||75% of the property value|
Use following tips to secure the lowest Home Loan Interest Rate from HDFC Bank:
The home loan portfolio of HDFC, a housing finance company, has moved to HDFC Bank, a banking entity. Now HDFC Bank provides home loans.