✓ Home Loan from ₹2 Lakhs to ₹15 Crores ✓ Interest Rates Starting @ 7.99% Check Offer

HDFC Bank offers home loans starting from an attractive interest rate of 8.70% per annum, with flexible repayment tenures of up to 30 years. Whether you are purchasing a new house or renovating an existing property, HDFC Bank provides customised loan solutions to meet your requirements. 

 

The bank also offers a home loan balance transfer facility, enabling you to benefit from better rates and lower EMIs. With smooth processing, minimal documentation, and dependable customer support, HDFC Bank makes homeownership more accessible and affordable.

HDFC Bank Home Loan Interest Rates

HDFC Bank offers home loans linked to the RBI's Policy Repo Rate, ensuring transparency and alignment with market conditions. The current applicable repo rate stands at 6.25%. The bank provides both standard and special home loan interest rates. 

 

However, the rate depends on the borrower's profile, including whether they are salaried or self-employed. Below are the interest rates applicable

Loan Type

Calculation

Interest Rate Range (p.a.)

Special Rates for Salaried and Self-Employed

Repo Rate + 2.45% to 3.30%

8.70% – 9.55%

Standard Rates for Salaried and Self-Employed

Repo Rate + 3.15% to 3.70%

9.40% – 9.95%

Disclaimer: The above-mentioned details are subject to change at the lender’s discretion.

HDFC Bank Top-Up Home Loan Interest Rates

HDFC Bank's Top-Up Home Loan enables you to access additional funds for personal or professional milestones such as a wedding, dream vacation, or business expansion. These loans require minimal documentation and are tied to the policy repo rate, currently at 6.25%.

 

Below is a breakdown of the rates available for different loan options.

Loan Type

Calculation

Interest Rates

Top-Up Loan (Existing Customers)

Repo Rate + 3.20% to 4.15%

9.45% to 10.40%

Balance Transfer + Top-Up

Repo Rate + 2.75% to 3.70% 

9.00% to 9.95%

Standard Top-Up Loan (Existing Customers)

Repo Rate + 3.90% to 4.45%

10.40% to 10.95%

Balance Transfer + Top-Up (Simultaneously)

Repo Rate + 3.45% to 4.00% 

9.70% to 10.25%

Disclaimer: The above-mentioned details are subject to change at the lender’s discretion.

HDFC Bank Rural Housing Loan Interest Rates

HDFC Bank offers home loans to help you purchase or construct a home in your village or hometown. Whether you are a salaried individual or self-employed, you can secure a loan based on your income, land, or crops. 

 

These loans come with flexible terms and are linked to the RBI’s Policy Repo Rate, currently set at 6.25%. Below are the interest rates for the loan:

Loan Type

Calculation

Interest Rates

All Loans

Repo Rate + 3.15% to 4.50%

9.40% to 10.75%

Disclaimer: The above-mentioned details are subject to change at the lender’s discretion.

HDFC Bank Home Loan Interest Rates v/s Other Top Lenders

Before choosing a home loan, you need to compare the interest rates offered by various banks and housing finance companies on Bajaj Markets. This allows you to identify the most affordable option with lower EMIs. Below is a comparison table for your reference.

Lender Name

Maximum Loan Amount

Minimum Interest Rate

Maximum Tenure

Bajaj Housing Finance

₹15 Crores

7.99% p.a.

32 Years

Home First Finance Company

₹35 Lakhs

9.00% p.a.

20 Years

ICICI Bank

₹5 Crores

9.00% p.a.

30 Years

India Shelter

₹40 Lakhs

13.00% p.a.

20 Years

Kotak Mahindra Bank

₹50 Lakhs

9.00% p.a.

20 Years

L&T Finance

₹7.5 Crores

8.60% p.a.

25 Years

LIC Housing Finance

₹15 Crores

8.65% p.a.

30 Years

PNB Housing Finance

₹15 Crores

8.50% p.a.

30 Years

Sammaan Capital

₹5 Crores

8.75% p.a.

30 Years

Shriram Housing Finance

₹1 Crore

11.50% p.a.

25 Years

Shubham Housing Finance

₹50 Lakhs

9.90% p.a.

30 Years

Vridhi Home Finance

₹25 Lakhs

12.00% p.a.

12 Years

Disclaimer: The above-mentioned details are subject to change at the lender’s discretion.

HDFC Bank Home Loan EMI Calculator

HDFC Bank’s Home Loan EMI Calculator enables you to estimate your monthly instalments quickly and accurately. You need to input the loan amount, interest rate, and tenure. By selecting the "Calculate" button, you will receive your EMI along with a detailed amortisation table that outlines your complete repayment schedule. 

 

The following is a sample EMI breakdown for various loan amounts, tenures, and an interest rate of 8.70% p.a.

Loan Amount

10 Years EMI

20 Years EMI

30 Years EMI

₹20 Lakhs

₹25,012

₹17,610

₹15,663

₹40 Lakhs

₹50,023

₹35,221

₹31,325

₹50 Lakhs

₹62,529

₹44,026

₹39,157

Disclaimer: The above-mentioned details are subject to change at the lender’s discretion.

HDFC Bank Home Loan Fees and Charges

When taking a home loan, you should be aware of the various charges involved beyond the interest rate. Some of the HDFC Bank home loan fees and charges include:

Fee Type

Charges

Processing Fee

Up to 0.50% of the loan amount or ₹3,300 (whichever is higher)

Payment Return Charges

₹300 per dishonour

Repayment Mode Changes

Up to ₹500 + taxes/statutory levies

Property Document Retention Charges

₹1,000 per calendar month (after 2 months of loan closure)

Prepayment Charges – Variable Rate Loans (for Individuals)

Nil (except when the loan is for business purposes)

Prepayment Charges – Fixed Rate Loans

2% of prepaid amount + taxes/statutory levies (except from own sources)

Disclaimer: The above-mentioned details are subject to change at the lender’s discretion.

List of HDFC Bank Home Loan Processing Fees for Different Schemes

HDFC Bank charges different processing fees for various home loan schemes. It depends on the applicant type and loan category. Here are the detailed fees:

Scheme

Processing Charges

Resident Housing Loan /Renovation / Refinance / Plot Loans (for Salaried and Self-Employed Professionals)

– Charges up to 0.50% of the loan amount or ₹3,300, whichever is higher
– Minimum retention: 50% of the applicable charges or ₹3,300, whichever is higher

For Self-Employed Non-Professionals

– Charges up to 1.50% of the loan amount or ₹5,000, whichever is higher
– Minimum retention: 50% of applicable fees or ₹5,000, whichever is higher

HDFC Bank NRI Home Loans

– Up to 1.50% of the loan amount or ₹3,300, whichever is higher
– Minimum retention: 50% of applicable charges or ₹3,300, whichever is higher

Value Plus Loans

– Up to 1.50% of the loan amount or ₹5,000, whichever is higher
– Minimum retention: 50% of applicable charges or ₹5,000, whichever is higher

Loans under HDFC Bank Reach Scheme

– Processing fee up to 2.00% of the loan amount
– Minimum retention: 50% of applicable charges or ₹3,300, whichever is higher

Re-appraisal After 6 Months of Sanction

– ₹3,300 for salaried or self-employed professionals
– ₹5,000 for self-employed non-professionals, NRIs, Value Plus, or Reach Scheme borrowers

Disclaimer: The above-mentioned details are subject to change at the lender’s discretion.

Other Charges Related to HDFC Bank Home Loan Interest Rate

Here is a quick overview of additional charges that may apply to your HDFC Bank home loan:

Charge Type

Details

Delayed Instalment Payment Charges

Up to 18% per annum on the overdue EMI amount

Incidental Charges

Charged as per actual expenses incurred for handling specific loan-related cases

Stamp Duty / MOD / MOE / Registration

As applicable under the rules of the respective state government

CERSAI Charges

As per actual charges levied by regulatory authorities, plus applicable taxes

Third-Party Charges

Based on actual charges levied by third parties, along with applicable taxes/statutory levies

Disclaimer: The above-mentioned details are subject to change at the lender’s discretion.

HDFC Bank Home Loan Features & Benefits

Following are some of the features and benefits of HDFC Bank home loans:

Zero Hidden Charges

You can be prepared for all charges related to your loan with a transparent fee structure.

Pre-approved Offers

You can qualify for pre-approved offers that make applying for a home loan more convenient. 

Rates of Interest

The HDFC Bank loans have some of the most competitive home loan interest rates in the market.

Wide Range of Home Loans

You can select from various types of housing loans. These include home loan top-ups, rural housing loans, loans for home improvement, and more.

Flexible Repayment Tenures

You can select a repayment tenure of up to 30 years for your HDFC Bank Home Loan.

HDFC Bank Home Loan Types

HDFC Bank offers a wide range of home loans to suit different needs, whether you want to buy, build, renovate, or expand your home. Below are the various loan types, along with their features:

Home Loans

Ideal for purchasing or constructing a house and applicable for:

  • Buying a new flat, row house, or bungalow from a builder/development authority

  • Purchasing resale properties

  • Constructing a house on a plot you already own

Feature

Details

Purpose

New home purchase / Resale home / Home construction

Property Type

Apartment, row house, bungalow

Availability

From developers or development authorities

House Renovation Loans

Helps you revamp your existing home to give it a fresh and appealing look.

Feature

Details

Purpose

Renovation work, such as tiling, painting, flooring, and interior upgrades

Suitable For

Homeowners looking to enhance aesthetics or functionality

Home Extension Loans

Designed for families looking to expand their current living space.

Feature

Details

Purpose

Adding rooms, floors, or extensions to the existing structure

Ideal For

Growing families needing extra space

Plot Loans

Offered to individuals planning to build a home on purchased land.

Feature

Details

Purpose

Buying residential plots (new or resale)

Requirement

Construction must follow land purchase

Short-Term Bridge Loans

For buyers awaiting the sale of their current property while looking to buy a new one.

Feature

Details

Purpose

Interim funding for new property purchase before existing home is sold

Benefit

Prevents distress sale and ensures timely purchase of desired property

Rural Housing Finance

Tailored for rural residents and farmers to buy, build, or enhance homes in villages or small towns.

Feature

Details

Eligible Borrowers

Farmers, agriculturists, planters, salaried or self-employed individuals

Use

Buying/building/extending/improving a home in rural or urban areas

Balance Transfer Loans

Switch your current home loan to HDFC Bank for better interest rates or terms.

Feature

Details

Purpose

Transfer existing home loan from another lender to HDFC

Benefit

Lower interest rates, better repayment terms, improved service

Reach Home Loans

Designed for individuals employed in the unorganised sector.

Eligible Borrowers

Individuals with non-formal income proof

Use

Purchase/construction/extension/enhancement of residential property

HDFC Bank Home Loan Eligibility

Before applying for an HDFC Bank Home Loan, you need to qualify based on certain eligibility criteria. Here is a detailed for salaried and self-employed individuals:

Eligibility Criteria for Salaried Individuals

  • Age: Between 18 to 70 years (at the time of loan maturity)

  • Employment Type: Salaried with a stable job

  • Nationality: Must be a Resident Indian

  • Other Factors:

    • Regular monthly income

    • Consistent savings or investment history

    • Good credit profile and repayment history

Eligibility Criteria for Self-Employed Individuals

  • Age: Between 18 to 70 years (at the time of loan maturity)

  • Employment Type: Self-Employed

  • Nationality: Must be a Resident Indian

  • Classification of Self-Employed:

    • Self-Employed Professionals: Includes doctors, lawyers, chartered accountants, architects, consultants, engineers, company secretaries, etc.

    • Self-Employed Non-Professionals (SENP): Includes traders, commission agents, contractors, and similar profiles

  • Other Factors:

    • Financial stability and business income consistency

    • Valid income proof and tax returns

    • Clear savings or investment track record

Documents Required for HDFC Bank Home Loans

Here is a look at the documents required for HDFC Bank Home Loans, both for salaried and self-employed individuals:

Common Documents for Self-Employed and Salaried Individuals 

  • Aadhaar Card, Passport, Voter ID, NREGA job card, etc.

  • Buyer agreement, title deeds, receipt of payment

Document for Salaried Individuals

  • Salary slips of the last 3 months, bank statements of the last 6 months, recent Form 16

  • Employment certificate, passport-size photos, cheque for the processing fee

 Document for Self-Employed Individuals

  • Recent ITRs, audited profit and loss account statement and balance sheet for the last 3 years, current account statements of the business for the last 6 years

  • Recent form 26 AS, partnership deed, business loan details, passport-sized photos, list of company’s directors, shareholding details, cheque for processing fee

How to Apply for an HDFC Bank Home Loan

You can apply for an HDFC Bank Home Loan online or by making a physical visit to the branch office. Here is a look at the steps for applying online and offline:

Apply Online 

  • Visit the official website of HDFC Bank or download the app

  • Click on ‘Apply for Home Loan’

  • Select the ‘Check eligibility’ option to know the loan amount you are eligible for

  • Select the type of HDFC Bank Home Loan from the ‘Basic information’ tab

  • Choose ‘Yes’ if you have a shortlisted property; otherwise, select ‘No’

  • Enter your name and up to 8 co-applicants

  • Provide your residential status and other personal details under the ‘Applicants’ tab

  • Check all home loan offerings under the ‘Offerings’ tab

  • Select your home loan, provide your date of birth, and click on ‘Submit’

  • Upload the required documents and pay the processing fee to complete the application

Apply Offline

To make an offline application, you can visit the nearest HDFC Bank branch office. Here, you can reach out to the home loan department, where an executive will guide you through the process. Do remember to fill in the form carefully and submit copies of the requisite documents.

 

HDFC Bank Home Loans provides a range of financing options to suit various housing needs. The bank offers loans for purchasing a new home, renovating an existing one, or acquiring a plot for construction. 

 

With competitive interest rates, flexible repayment terms, and simple eligibility requirements, HDFC Bank ensures a smooth, hassle-free borrowing experience. Alternatively, you can also explore offers from some of the top lenders on Bajaj Markets. Secure substantial funding affordably and conveniently. Click ‘APPLY NOW’ to begin your journey towards owning your dream home.

FAQs on HDFC Bank Home Loan

Can I apply for an HDFC Bank Home Loan online?

​Yes, you can apply for an HDFC Bank Home Loan online through a simple and convenient process. Just visit the bank's official site and apply for the loan.

What are the processing fees for an HDFC Bank Home Loan?

HDFC Bank's processing fee for a home loan is typically up to 0.50% of the loan amount for salaried and self-employed professionals. The minimum fee charged is ₹3,300 plus applicable taxes and statutory levies.

Does HDFC Bank give pre-approved home loans?

Yes, HDFC Bank offers pre-approved home loans. These loans are sanctioned based on your income, credit score, and financial profile, even before you finalise a property.

What is the maximum limit of an HDFC Bank Home Loan?

The maximum limit of an HDFC Bank Home Loan depends on the property cost and type of loan. Typically, you need to contribute 10-25% of the total property cost as your own contribution, while you can get 75-90% of the property cost as a housing loan.

How can I check my HDFC Bank Home Loan status?

You can check the status of your home loan on the official website of the bank. To track the status, provide details, such as your name, mobile number or reference/application number.

Does HDFC Bank check the CIBIL score for a home loan?

Yes, HDFC Bank checks your CIBIL score when applying for a home loan. A score of 750 and above is considered excellent and can help you secure a loan at competitive interest rates.

What is the maximum tenure for an HDFC Bank Home Loan?

You can select a repayment period of up to 30 years to repay your HDFC Bank Home Loan.

Can I transfer my house loan from another bank to HDFC Bank?

Yes, to benefit from competitive rates of interest, you can transfer your existing home loan under the HDFC Bank balance transfer option.

Can I club the income of my spouse with mine and apply for an HDFC Bank joint home loan?

Yes, if your spouse is the co-owner of the house/property, you can apply for a joint home loan.

What is the HDFC Bank home loan interest rate?

HDFC Bank home loan interest rates start from 8.70% p.a., depending on the applicant’s profile, loan amount, and scheme.

What is the EMI for a ₹20-Lakh home?

The EMI for a ₹20-Lakh home loan is:

  • ₹25,012 for 10 years

  • ₹17,610 for 20 years

  • ₹15,663 for 30 years

How to get an HDFC Bank home loan statement?

You can get your HDFC Bank home loan statement by visiting the nearest branch, logging in to HDFC Bank's Loans Portal, or using internet banking to request it online.

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