HDFC Home Loan- advantages, online application procedure- Check low interest rates

HDFC Home Loan: To complete your all kinds of housing finance needs HDFC home loans are available here with low interest rates and with easy procedure that fulfill your all housing dreams. HDFC bank loan expert team helps you in every steps of loan taking procedure and they will assist you dedicatedly to complete your dream. Home loan is available for you individually to purchase a fresh or construct houses or resale and for that you can fill application form individually or jointly.

  • Home Loan:

HDFC Home Loan- advantages, online application procedure- Check low interest rates
Home loans are available for individuals to purchase a fresh or resale or construct houses and you fill application form individually or jointly.

  • Home Improvement Loan-HIL:                                              HDFC Home Loan- advantages, online application procedure- Check low interest rates

Everybody wants that the interiors of his/her home reflect his/her personality. So if you want to upgrade your house to keep up with changing times then HIL facilitates for internal and external repairs and to improve other structural like Painting, Plumbing and Electrical Works, Waterproofing and Roofing, Tiling and Flooring, Compound Walls and much more, Grills, Aluminum Windows etc.

  • Home Extension Loan-HEL:

HDFC Home Loan- advantages, online application procedure- Check low interest rates

If you want to add more space then HEL home loan is best for meeting the requirements of your growing family. For your children you may need an extra bedroom, a cozy coffee corner or a reading room for yourself.

  • Automated Repayment of Home loan EMI:
    You can pay repay your Home Loan EMIs according to your choice and for that you can add your HDFC Savings Account and can pay directly.
  • T&C apply on all Home Loans that are from HDFC Ltd. Credit at sole discretion of HDFC Ltd

The HDFC Advantage and benefits

  • Lending experience with over 35 years of Pioneer of Housing Finance in India.
  • Helped more than 4.4 million customers over 30 years who have been nurturing the dream of home ownership.
  • Smooth & easy processing provided by experienced and empowered personnel.
  • Transparency in dealing with no hidden charge
  • You can get approval for loan even before a property is selected.
  • Anywhere in India you can buy your home and for that you can apply for loan from any HDFC office.
  • HDFC provide repayment options with flexible loan repayment.
  • Free & safe document storage for your loan.

HDFC Home Loan- online application procedure

To fill online application form for HDFC home loan you will have to follow below directions.

  • Go to the HDFC bank site-“www.hdfcbank.com”.

HDFC Home Loan- advantages, online application procedure- Check low interest rates

  • Then click on “Home Loan” icon or you can go through “Product” category and click on ‘Loans’ then ‘Home Loans’ to apply for the same.

HDFC Home Loan- advantages, online application procedure- Check low interest rates

  • Then you will have to click on “Apply Online” that will redirect you on “Instant e-Approval and Apply Online” page.

HDFC Home Loan- advantages, online application procedure- Check low interest rates

  • You can check your eligibility there by filling eligibility form or to get a customized quote instantly.
  • Then you will have to decide to apply and after decide you will need to fill application form completely to get HDFC home loan.
  • You can get loans under “Salaried” and “Self Employed” category and in this process you will have to fill application form (Loan applicationForm  and Co- Applicant Consent), need to upload documents, need to pay processing fee and finally you can get approval (HDFC Loan Review and Approval).
  • If you face any kind of difficulties in form filling process then you can go with “Let us help you” Section to contact with HDFC support. So you can get home loans in quick, simple and transparent way.

 

HDFC Bank Home Loan Interest Rates and Charges

Note: It is effective from 31.03.12, foreclosure charges are waived for Floating rate Home loans. You can check fixed rate home loans for foreclosure charges are given below.

 

Description of Charges eCbop Home Loan
Foreclosure charges In first 6 months -No prepayments allowed
6 months to 5 years – 1.5% of original loan amount
5 years to 10 years – 0.75% of original loan amount
After 10 years – No closure feeFor Gold Category
6 months to 5 years – 2% of original loan amount
after 5 years – No closure fee

eBOP customers:
Loan repaid from own sources – no FC charges
Loan repaid from other sources – regular FC charges.

Charges-late payment of EMI 2% per month
Charges for Cheque swapping Rs. 500/-
Cheque Bounce Charges Rs. 500/-
Charges for Duplicate Statement (per statement) NIL
Duplicate Certificate of Provisional Interest Rs. 300/-
Duplicate Interest Certificate issue charges Rs. 300/-
Duplicate Balance Certificate charges Rs. 300/-
Amortization Schedule-Duplicate- Issue NIL
Switch (from Variable to Fixed) NA (Not Applicable)
Switch (from Fixed to Variable) NA (Not Applicable)
Photocopy of  Documents Rs. 500/-

Note: You should note that you will have to pay all service charges as applicable above services (T&C).

 

 

REVISED RATES FOR HOME LOANS–WEF April 18, 2016

Effective from April 18, 2016

Existing RPLR: 16.30%; Revised RPLR: 16.55%

 

Salaried-SEP
Home/ HEL/HIL/ Plot Loans, Refinance Revised Rates Basis
% %
All Loan Amounts 9.45% RPLR  6.85
Women Power (All Loan Amounts) 9.40%* RPLR 6.90
SENP
Home/ HEL/HIL/ Plot Loans, Refinance Revised Rates Basis
% %
Upto and Inc 1.5 Cr 9.45% RPLR 6.85
More than 1.5 Cr 9.45 to 9.70% RPLR 6.85% to RPLR 6.60%
Women Power-SENP
Home/ HEL/HIL/ Plot Loans and Refinance Revised Rates Basis
% %
Upto & Inc 1.5 Cr 9.40% RPLR 6.90
More than 1.5 Cr 9.40 to 9.65% RPLR 6.90 to RPLR 6.65%

 

Value Plus Home Loans-Self Employed
Home/HIL/HEL and Refinance Revised Rates Basis
% %
All Loan Amounts 10.45% RPLR-5.85
Top-Up loans
Revised Rates Basis
Top Up Loan (for Existing customers) 9.55% RPLR-6.75%
Rates applicable to Top Up with BT Loans /BT with Women Power rate (balance transfer) 9.45%/9.40%* RPLR-6.85-/PLR-6.90%

 

Non Housing Interest Rates
Product Interest Rate Range
HEQ (Self occupied House) 10.60% – 12.35%
LRD/ Loans against RR (Rent receivables) 10.60% – 12.35%
HEQ- Not self occupied 10.85% – 12.60%
NRP Purchase 10.85% – 12.60%
NRP Equity 11.10% – 12.60%
NRP land loan/ Equity against Land 12.35% – 13.60%

 

TruFixed Rates on Home loans

TruFixed Plus Home and Plot Loans – 2 and 3 Year Fixed Variant (EMPL ,SEP)
Loan Slabs Interest Rate Post fixed rate period  applicable ARHL Interest Rate
All Loan Amounts 9.55% RPLR – 6.75
Women Power (All Loan Amounts) 9.50% RPLR – 6.80
TruFixed Plus Loans – 2 and 3 Year Fixed Variant – SENP
Loan Slabs Interest Rate Post fixed rate period applicable ARHL Interest Rate
Upto and Inc 1.5 Cr 9.55% RPLR – 6.75
More than 1.5 Cr 9.55% to 9.80% RPLR – 6.75 — RPLR-6.50
TruFixed Plus Loans – 2 and 3 Year Fixed Variant – SENP-Women Power
Loan Slabs Interest Rate Post fixed rate period applicable ARHL Interest Rate
Upto and Inc 1.5 Cr 9.50% RPLR – 6.80
More than 1.5 Cr 9.50% to 9.75% RPLR – 6.80 – RPLR-6.55
TruFixed Plus Loans – (10 Year Fixed Variant) – EMPL and SEP
Loan Slabs Interest Rate Post fixed rate period applicable ARHL Interest Rate
Upto and Inc 1.5 Cr 9.75% RPLR – 6.55
Women Power  (All Loan Amounts) 9.70% RPLR – 6.60%
TruFixed Plus Loans – (10 Year Fixed Variant) – SENP
Loan Slabs Interest Rate Post fixed rate period applicable ARHL Interest Rate
Upto and Inc 1.5 Cr 9.75% RPLR – 6.55
More than 1.5 Cr 9.75 to 10.00% RPLR – 6.55 – RPLR-6.30%
Non Housing–TruFixed Rates
Product ROI during Fixed Term Adjustable Rate post Fixed Term Applicable Spread (RPLR:16.30%)
HEQ (Self Occupied House) 10.5% to 12.25% 10.5% to 12.25% RPLR-(5.8 to 4.05)
LRD/Loans against RR (rent receivables) 10.5% – 12.25% 10.5% – 12.25% RPLR-(5.8 – 4.05)
HEQ-Not Self Occupied 10.75% – 12.50% 10.75% – 12.50% RPLR-(5.55- 3.80)
NRP Purchase 10.75% – 12.50% 10.75% – 12.50% RPLR-(5.55 – 3.80)
NRP Equity 11.00% – 12.50% 11.00% – 12.50% RPLR-(5.30 – 3.80)
NRP Land loan/Equity against land 12.25% – 13.50% 12.25% – 13.50% RPLR-(4.05 – 2.80)
You should know that other terms and conditions will remain same for non housing rates with respect to Memo dated 13 July 2015.

(All home loans are given under sole discretion of HDFC Ltd. If you need latest information about HDFC Home loans then you can bookmark this page and visit here again to get the latest information.)

HDFC Home Loan- advantages, online application procedure- Check low interest rates

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3 thoughts on “HDFC Home Loan- advantages, online application procedure- Check low interest rates

  1. if you want to check low-interest rate that you can read this article otherwise you can visit the oficial site of hdfc bank and get the application of status check, fill it and submit.

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