HDFC Bank Home Loan Interest rates @8.65%* p.a Onwards and EMI Calculator JAN 2017

 

(Updated on 01.01.2017) HDFC Home Loan Eligibility Calculator JAN 2017Get Instant Quick & Easy Approval on HDFC Home Loan. Loansninsurances.com provide a simple tool to calculate your Home Loan EMI on the basis of✓Interest Rate✓Loan Tenure✓Processing Fee✓Eligibility✓Best Offers & more.

HDFC Home Loan Interest Rates

Loan Slab

Interest rates (% p.a.)

For women (up to 75 lakhs)

8.65 to 9.15

For Women (above 75 lakhs)

8.70 to 9.20

For others (up to 75 lakhs)

8.70 to 9.20

For others (above 75 lakhs)

8.75 to 9.25

Tru Fixed Loan- 2 & 3 Year Fixed Rate Variant

Loan Slab

Interest Rates During The 2 & 3 Year Fixed Rate Term (% p.a.)

For Women (up to 75 lakhs )

9.15 to 9.65

For Women (above 75 lakhs )

9.25 to 9.75

For Others (up to 75 lakhs)

9.20 to 9.70

For Others (above 75 lakhs)

9.30 to 9.80

HDFC HOME LOAN – INSTANT QUOTES ONLINE

Professional Details
Loan Amount
Occupation
Yearly Income
City
Disclaimer: We do not provide Home Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

HDFC Bank Home Loan

HDFC Bank is a leading brand in the home loan market since it is a pioneer of housing finance. HDFC home loan is offered for purchase of new house or purchase of resale house , for construction of new house and home loan balance transfer is also available with HDFC Bank. HDFC Bank provides home loan at competitive interest rate, flexible tenure, easy application process and attractive features and benefits. Processing Fees is up to 0.50% of the loan amount or Rs.11,500 whichever is minimum and loan tenure is 1 years to 30 years. In case of home loan no guarantee is required.

HDFC Bank Home Loan Features

  • Provision to transfer outstanding home loan availed from another bank or financial institution to HDFC and thereby get additional top up loan of upto Rs. 35 lakhs.

  • Facility to avail attractive interest rates that makes home loan affordable to common man.

  • You can customize repayment option to suit the needs of the customers.

  • There is no hidden charges.

  • Specialized arrangement with Army Group Insurance Fund for home loans for those employed in the Indian Army.

HDFC Bank Types of home loan

HDFC Bank Home Improvement Loans

Home improvement loan has been specifically designed to enhance your home in different ways such as tiling and flooring, internal and external plaster and painting etc. It can be applied by both existing and new customers. There is provision of easy and hassle free documentations.

HDFC Bank Home Extension Loan

This particular loan can be availed to extend or add space to your home such as additional rooms like extra bedroom or study room for yourself. You can apply through monthly installments through simple repayment methods.

HDFC Bank Rural Housing Finance

Agriculturists, Planters, Horticulturists & Dairy Farmers are the target group of Rural Housing Finance.Under this category, loans are available for both Salaried and Self-Employed for purchasing an under construction , new , existing residential property in the rural and urban areas, for constructing your home on a lease or hold residential plot in the rural and urban areas and enhancing your home in many ways such as tiling and flooring, internal and external plaster and painting etc. Also extending and adding space to your home such as additional rooms etc.

HDFC Reach

HDFC Reach home loan can be availed for purchasing a new or an existing home. In this type of loan, salaried individuals with a minimum income of Rs. 10,000 per month, have the provision to avail home loans and plot loans up to Rs. 35 lakhs and also attractive interest rates starting from 11.55% per annum onwards and for non residential premises loans starting from 14.50% per annum onwards.

HDFC Star

Under HDFC Star home loan , applicant irrespective of salaried or business owners can avail home loan with his or her Aadhar Card .Loans up to Rs. 15 lakhs can be availed and loan tenure for 20 years as well as interest rate is 13% per annum.

HDFC Pradhan Mantri Awas Yojna

Under Pradhan Mantri Awas Yojna, the main proposal is to construct 20 million homes for those people belonging to the low income families in the urban, semi-urban and rural areas by 2022. People can get a house within their financial capabilities with Pradhan Mantri Awas Yojna which is a major step taken by government of India. An average of Rs. 1 lakh would be granted by the Government of India to all the beneficiaries under this scheme. A subsidy of 6.5% would be given to each beneficiary belonging from Economically Weaker Section and Lower Income Group categories. HDFC Bank being a leading bank in banking sector of India provides home loan in accordance with Pradhan Mantri Awas Yojna rules.

HDFC Personal Loan

HDFC Personal loan can be availed to meet purposes like marriage, medical emergencies, home renovation, urgent travel expenses, etc.

HDFC Bank home loan eligibility

  • HDFC home loan can be applied individually or jointly along with a co-applicants. Generally, co-applicants are immediate family members.

  • HDFC home loans are offered to both salaried and Self-Employed individuals. The applicant must possess all relevant documents to prove his employment status.

  • HDFC NRI Home Loans can be availed by Non-Resident Indians. It is required that the applicant should prove his or her status as an NRI.

  • HDFC Rural Home Loans can be availed by farmers, agriculturalists, horticulturists, dairy farmers, etc.

HDFC Bank home loan interest rate

For Reach Home Loan And Plot Loans

The bank offers a floating rate of interest of 11.55% p.a. or 12.55% p.a. for salaried individual as well as self employed upto a loan slab of Rs.35 lakhs.

For Non Residential Premises Loans

The bank offers a rate of interest of 14.50% p.a. for salaried individual as well as self employed as upto a loan slab of Rs.35 lakhs.

HDFC Bank home loan Documents required

For Salaried Person

  • The applicant needs to submit valid passport /Voter ID Card /Aadhaar Card/ Valid Driving Licence etc as proof of both identity and residence

  • Last 3 months’ Salary Slips / Certificates attested by the employer , last 6 months’ Bank Statements / updated passbook, latest Form-16 as income proof

  • Passport size photograph of all the applicants should be affixed on the application form

  • The applicant should submit cheque for processing fee favoring ‘HDFC Ltd’

For self employed Person

  • The applicant needs to submit valid passport /Voter ID Card /Aadhaar Card/ Valid Driving Licence etc as proof of both identity and residence

  • Income Tax Returns along with computation of income for the last 3 Years , last 3 year’s Balance Sheet and Profit & Loss A/c Statements as income proof

  • The applicant needs to submit latest form 26 AS

  • Memorandum and Articles of Association of the Company needs to be submitted

  • Passport size photograph of all the applicants should be affixed on the application form

  • The applicant should submit cheque for processing fee favoring ‘HDFC Ltd’

    HDFC Home Loan EMI Calculator

 HDFC Ltd. Home Loan EMI Calculator

Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

For a loan against the amount of Rs 10,00,000 for 10 years at the interest rate of 8.7% p.a., the EMI comes out as Rs. 12,506. To know the EMIs for all the years, see the below given table.

Home Loan Amount (Rs)

Interest Rate(p.a)

Loan Tenure (yrs)

Monthly Installment (EMI)

Total Interest Amount

Total Amount (Principal + Interest)

10,00,000

8.7%

1

Rs. 87,312

Rs. 47,749

Rs.10,47,749

10,00,000

8.7%

2

Rs. 45,547

Rs. 93,133

Rs.10,93,133

10,00,000

8.7%

3

Rs. 31,660

Rs. 1,39,771

Rs.11,39,771

10,00,000

8.7%

4

Rs. 24,743

Rs. 1,87,656

Rs.11,87,656

10,00,000

8.7%

5

Rs. 20,613

Rs. 2,36,784

Rs.12,36,784

10,00,000

8.7%

6

Rs. 17,877

Rs. 2,87,144

Rs.12,87,144

10,00,000

8.7%

7

Rs. 15,937

Rs. 3,38,729

Rs.13,38,729

10,00,000

8.7%

8

Rs. 14,495

Rs. 3,91,524

Rs.13,91,524

10,00,000

8.7%

9

Rs. 13,384

Rs. 4,45,518

Rs.14,45,518

10,00,000

8.7%

10

Rs. 12,506

Rs.5,00,695

Rs.15,00,695

How to apply for HDFC Bank home loan?

You can apply for HDFC home loan online through loansninsurances.com. Both existing and new customer can apply for home loan online by logging on to the registration page and completing the application process with the required details.

FAQ on HDFC Bank home loan

1) What is the processing fee for HDFC home loan?

In case of Reach Home loans and Reach Plot Loans processing fees is upto 1.50% of the loan amount for Salaried, Self-Employed Professionals & Non Professionals and in case of Reach Non Residential Premises Loans is upto 2% of the loan amount for Salaried, Self-Employed Professionals & Non Professionals

2) Are the property documents safe with HDFC Ltd.?

HDFC offers in-house scrutiny of property documents so one is assured that they are on safe hands.

3) Does one has the option to structure home loan as partly fixed or partly floating?

Yes, you can structure your HDFC Ltd. Home Loan as Partly Fixed or Partly Floating as per your needs.

4) What is Pledge?

A right over the security is created in favor of HDFC Bank. Hence shares cannot be transferred or sold by the customer or shareholder. Home loan is a type of secured loan.

HDFC MCLR RATE (effective from January 1)

Tenure

MCLR in %

Overnight

8.65

1 month

8.70

3 month

8.80

6 month

8.85

1 year

8.90

2 year

8.95

3 year

9.05

HDFC LTD. HOME LOAN BRANCHES IN DELHI
Contact Address IFSC Code MICR Code
A-4, Panchwati, Adarsh Nagar, Delhi 110033 HDFC0000391 110240059
Hdfc Bank Ltd 4 A Adchini Aurobindo Marg Delhi Delhi110017 HDFC0004397 110240412
Hdfc Bank Ltd A-38 Anand Vihar 110092 HDFC0001668 110240197
31/4 & 4 Adouble Storey Tilak Nagar, Ashok Nagar, 110096 HDFC0001443 110240172
1907, Chandini Chowk,Opp.Gurudwara Sis Ganj Sahib 110006 HDFC0001392 110240168
Hdfc Bank Ltd khasra No.619/21,Chattarpur 110074 HDFC0001669 110240201
Hdfc Bank 73-75/1, 60/1, Chawri Bazar 110006 HDFC0001070 110240135
Hdfc Bank Ltd B-105, Chitranjan Park 110019 HDFC0000934 110240121
N 47 Pratap Building Connaught Circus 110001 HDFC0001401 110240169
Hdfc Bank Ltd B-88, Bhishm Pitamah Marg Defence Colony 110024 HDFC0001092 110240134
Hdfc Bank Ltd F-10, Dilshad Colony 110095 HDFC0001667 110240210
Hdfc Bank Ltd A-71, East Of Kailash 110065 HDFC0001666 110240216
Hdfc Bank Ltd Manish Global Mall, Plot No 2, Sector 22, Dwarka 110075 HDFC0000924 110240119
Hdfc Bank Ltd 964-A, Ward No.7 Opp.Police Station, Mehrauli 110030 HDFC0001671 110240219

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