With an HDFC Bank home loan, you can realize your dreaming of buying a home in an efficient place. HDFC is one of the country's largest housing finance companies, as well as one of the most successful home loan providers. The interest rates on HDFC home loans start at 6.75 %right now. Furthermore, HDFC provides women borrowers with special discounted rates. HDFC provides home loans for as little as 1.50 % processing fee. HDFC housing loans are tailored to suit the needs of a wide range of home loan borrowers who need financing for a variety of reasons. HDFC home loan top up, HDFC plot loans, HDFC home improvement loans, HDFC Reach home loan, Home Extension Loan and HDFC rural housing finance are some of the most common HDFC home loan products.
HDFC Bank's Home Loan Schemes 2021:
Home Improvement Loans from HDFC: HDFC offers home improvement loans for upgrading and renovating an existing home. These loans are available to both new and existing home loan customers and can be used to cover costs such as tiling, carpeting, plastering, and painting.
Home Extension Loan(HEL): HEL to increase the size of your current home to accommodate the needs of your growing family. Whether it's an extra bedroom for your children, a reading space for yourself, or a comfortable coffee corner, there's something for everyone. If you want to add more room to your current home to accommodate your growing family, you can apply for a loan through this program. It is simple to expand your home in any way you want.
HDFC Rural Housing Finance: Farmers, planters, dairy farmers, and others who want to purchase a new or existing home in rural or urban areas would benefit from HDFC rural housing finance. This loan is available to both salaried and self-employed people who want to buy a home in their village or hometown.
HDFC Home Loan Interest Rate 2021:
The interest rates on HDFC Home Loans are among the most attractive on the industry. The rates vary depending on the loan amount, as well as the borrower's gender and occupation. Aside from rates, HDFC offers a larger loan amount and more flexible repayment options. Check out the details below and apply online right now.
| HDFC Home Loan Schemes | Interest Rates For Women | Interest Rates For Others |
|---|---|---|
| HDFC Home Loan | 6.95% – 7.95% | 7.00% – 8.00% |
| HDFC Reach Loan | 8.75% onwards | 8.75% onwards |
| Plot Loans | 7.05%-7.55% | 7.10% – 7.60% |
| Rural Housing Loan | 6.95% – 8.45% | 7.00% – 8.45% |
| Home Improvement Loan | 6.95% – 7.45% | 7.00% – 7.50% |
| Home Extension Loan | 6.95% – 7.45% | 7.00% – 7.50% |
| HDFC Home Loan Balance Transfer | 6.95% Onwards. | |
| Transfer | ||
Features and Benefits of an HDFC Home Loan:
- Starting at 6.75 percent p.a., low interest rates are available.
- Repayment plans that are tailored to your specific requirements.
- Home loan pre-approval is available.
- HDFC offers women borrowers low-interest home loans.
- There are no hidden costs.
- Up to 30 years of flexible tenure
Documents Required for HDFC Home Loan:
| Farmers | Salaried Customers | Businessmen – Professionals Self Employed |
|---|---|---|
| HDFC Home Loan Application Form with Photograph | HDFC Home Loan Application Form with Photograph | HDFC Home Loan Application Form with Photograph |
| KYC Documents: Proof of Residence like Aadhar card, Passport, PAN, Voter ID, Driving License, etc. | KYC Documents: Proof of Residence like Aadhar card, Passport, PAN, Voter ID, Driving License, etc. | KYC Documents: Proof of Residence like Aadhar card, Passport, PAN, Voter ID, Driving License, etc. |
| Bank statements from the previous six months. | Bank statements from the previous six months. | Bank statements from the previous six months. |
| Cheque for processing fee | Cheque for processing fee | Cheque for processing fee |
| Copies of Agricultural Land Title Documents that Show Landholding | Current salary slip | Certificate of education and proof of business or Shop act license |
| Copies of Agricultural Land Title Documents with Illustrations of Growing Crops | Form16 | Company profile and income tax returns for the previous three years (self and business) |
| A statement of the loans taken out in the previous two years | Profit/loss and balance sheet for the previous three years |
