The road to success is a tough and challenging journey in the dark where only obstacles light the path. Individual aim is how to get success and the solution for success is customer satisfaction. All we need is the courage to innovate, the skill to understand your clientele and the desire to give them your best. Today, nearly three million satisfied customers whose dream we helped realise, stand testimony to our success. Our objective, from the beginning, has been to enhance residential housing stock and promote home ownership. Now, our offerings range from hassle-free home loans and deposit products, to property related services and a training facility. We also offer specialised financial services to our customer base through partnerships with some of the best financial institutions worldwide.

HDFC Housing Finance is a vital zone of HDFC bank, which has presented attractive housing finance schemes for the customers. With more than 25 years of experience in Indian finance market, HDFC stands head and shoulder above its competitors in the housing loan segment. HDFC Housing Finance has got a strong impact on the customers who are looking for some housing finance.

HDFC Housing Finance has got 3 types of housing finance for their customers. HDFC Housing Finance provides Home Loans for the individuals to purchase fresh or resale house/flat as well as to construct houses. Home Improvement Loans are for facilitating internal and external repairs and other structural improvements like painting, waterproofing, plumbing and electric works, tiling and flooring, grills and aluminum windows. Home Extension Loan is for the extension of an existing dwelling unit. You can apply for HDFC Home Finance individually or jointly. Adding up the income of the co-applicant would enhance your eligibility for the home loan. However, the co-applicants need not to be a co-owner of the house.

HDFC Housing Finance pays a maximum of 85% of the total project cost. The maximum loan amount is based on the repayment capacity of the applicant. You have to repay the loan amount within 20 years, subject to your retirement age. You can definitely go for some lesser term loan. There is an 'Adjustable Rate Home Loan' plan available in HDFC Housing Finance.

There are Multiple Repayment Options available in HDFC Housing Finance. Step Up Repayment Facility, Flexible Loan Installment Plan, and Accelerated Repayment Scheme are there to give you a wide range of options to choose your plan from.

When you go for HDFC Housing Finance, you have to pay a fee of 1% of the loan amount. Service taxes are extra as applicable. There are no charges for prepayment. In order to learn more about housing finance companies in India browse through the site.

Features :-

Home Loan Counselling - Sharing of over 30 years of home loan experience

We have been a part of a 30 year journey with our 26 Lakh customers. Our home loan counsellors offer you the time tested advice. Be it legal documentation, project or builder approvals, and technical advice, we look forward to sharing with you and this service is absolutely free. Our project approval facility provides customers the comfort of purchasing properties from builders who have complied with all basic documentation.

Door Step Service

We offer door step service. Please call HDFC Home Line call for our Sales Executive to assist you or get in touch with the HDFC Office near you. We help you find your dream home, you can buy, sell, lease residential or commercial properties through HDFC Realty. Wide Product Range

We provide loans to meet all your requirements for you to make any house, a livable home. Home Loans, Home Improvement Loans, Home Extension Loans, Loans to professionals for office or clinic, Home Equity Loans (Loan Against Property), Loan Against Rent receivables, Short Term Bridging Loan. Loans on Adjustable Rate, Fixed Rate. 2-in-1 Home Loans.

Wide network of financing

With over 200 offices, 90 outreach programs - HDFC is able to provide home loans in over 2400 locations in India. You can apply at your local HDFC office for properties in locations where we finance.
Post Disbursement Services
Income Tax Certificate to enables you to claim the tax benefits are sent to you. This service is absolutely free.

Loan Repayment
• ECS facility
• Post dated cheques - No charges for replacement of cheques
• Loan repayment at any HDFC offices

Multiple Repayment Option

Step Up Repayment Facility: Helps young executives take a much bigger loan today based on an increase in their future income, this helps executives buy a bigger home today!

Flexible Loan installments Plan : Often customers, parents and their children, wish to purchase properties together. The parent is nearing retirement and their children have just started working. This option helps such customers combine the incomes and take a long term home loan where in the installment reduces upon retirement of the earning parent.

Tranche Based EMI : Customers purchasing an under construction property need to pay interest ( on the loan amount drawn based on level of construction) till the property is ready . To help customer save this interest, we have introduced a special facility of tranche Based EMI. Customers can fix the installments they wish to pay till the property is ready. The minimum amount payable is the interest on the loan amount drawn. Anything over and above the interest paid by the customer goes towards Principal repayment. The customer benefits by starting EMI and hence repays the loan faster.

Accelerated Repayment Scheme :Accelerated Repayment Scheme offers you a great opportunity to repay the loan faster by increasing the EMI. Whenever you get an increment, increase in your disposable income or have lump sum funds for loan prepayment, you can benefit by:

• Increase in EMI means faster loan repayment
• Saving of interest because of faster loan repayment

You can invest lump sum funds rather than use it for loan prepayment. The return from the investments also gives you the comfort of paying the increased EMI.

Rate of Interest :-

Float Interest Rate	:	9.5 %
Processing Fee	:	0.50% to 1% of loan amount
Late Payment Charges	:	NA
Document Retrieval	:	NA

FAQ's :-

How will HDFC decide my home loan eligibility?
We assess a customer’s repayment capacity while deciding on the home loan eligibility. Repayment capacity is based on factors such as income, age, qualifications, number of dependants, spouse's income, assets, liabilities, stability and continuity of occupation and savings history. And, of course, our main concern is to make sure that you can comfortably repay the loan amount.

What are the different interest rate options you offer?
We offer the following loan options

• Adjustable Rate Home Loans
• Fixed Rate
• 2-in-1 Home Loans

How do I apply for the loan?

• HDFC Home Line
• HDFC Office Locator
• Apply Online
• SMS HDFCHOME to 6767

Can HDFC assist me in selecting accommodation of my choice?

We can assist you in finding the property of your choice. For information on this service, do contact our Property Services.

What is pre-EMI interest?

Pending final disbursement, you pay interest on the portion of the loan disbursed. This interest called pre-EMI interest. Pre-EMI interest is payable every month from the date of each disbursement upto the date of commencement of EMI.

What is Tranche Based EMI repayment option?

To help customers save pre-EMI interest, we have introduced a special facility of Tranche Based EMI. For under construction properties customers can choose the installments they wish to pay, till the time the property is ready for possession. Anything paid over and above the interest by the customer goes towards Principal repayment. The customer benefits by starting EMI and hence repays the loan faster.