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Home Loan

Apply for HDFC Home Loan online at interest rate starting from 8.10% p.a. Lowest EMI is Rs. 741 per lakh for Home Loans Up to 30 years with minimum documents. With special offers like 6-month provisional sanction & Rs 3000 + applicable taxes processing fee, HDFC home loan is your best resource for affordable housing finance.

HDFC Home Loan Details

Following are the HDFC Bank Home Loan fees & Charges:

Loan amountUp to 90% of Property Value
Rate of interest8.10% -9.00% onwards
Age21 – 65 years
TenureUp to 30 years
Lowest EMI possibleRs. 741 Per Lakh
Processing fee0.50% – 1.50%
Foreclosure ChargesNil for floating rates
Penal Interest Rate2% per month
HDFC Home Loan Features

The features of HDFC Home Loans can be summarised as:

  • Interest rate: Currently HDFC Home Loan Interest Rates start from just 8.10% per annum.
  • Loan amount: You can get up to Rs. 10 Crores as HDFC home loan amount.
  • Special offers: Limited Time Processing Fee @ Rs 2000 + Taxes (valid till 31st August)
  • Purpose: The loan is offered for funding of purchase or construction of house.
  • Tenure: The bank offers flexible EMIs and extended tenure of 30 years.
  • Guarantor: No guarantor is required to avail of the loan.
  • EMI Per Lakh: Lowest EMI is Rs. 741 per lakh.
  • Processing fee: HDFC home loan processing fee is up to 0.50% of the loan amount or Rs. 3,000, whichever is higher, plus applicable taxes.

Also Check: Monetary Policy

Table of Contents: HDFC Home Loan [Hide]
HDFC Home Loan Benefits
  • HDFC Bank provide Special schemes for Indian Army Personnels with Army Group Insurance Fund (AGIF). 
  • Multiple schemes for affordable home segment besides HDFC regular home loans in all ticket sizes. 
  • Nominal processing fee at flat Rs 3000. 
  • Quick approval and fast processing.
  • Instant provisional sanction for 6 month.
  • Doorstep assistance for customers.
  • Minimum documentation and transparent terms & conditions.
  • Hassle free post disbursal services. Use HDFC Bank home loan login id & password to register your account for internet & mobile banking benefits. 

Additional Reading: Cibil score required for home loan

HDFC Home Loan Interest Rates - 2022

HDFC Home Loan current rate of interest starts from 8.10% p.a. Compare rate of interest for various HDFC Bank home loans using following table on ROI of HDFC Home loan:

Loan SlabHome Loan Interest Rates (% p.a.)

For Women* (upto 30 Lakhs)8.10% – 8.60%
For Others* (upto 30 Lakhs)8.15% – 8.65%
For Women* (30.01 Lakhs to 75 Lakhs)8.35% – 8.85%
For Others* (30.01 Lakhs to 75 Lakhs)8.40% – 8.90%
For Women* (75.01 Lakhs & Above)8.45% – 8.95%
For Others*(75.01 Lakhs & Above)8.50% – 9.00%

Also Read: 20 Lakh Home Loan

HDFC Home Loan Processing Fee & Charges

Fees and charges associated with the HDFC Home Loans are: 

HDFC Home Loan: Fees & Charges
Processing fees
  • Salaried & self-employed professionals: Up to 0.50%, max of Rs. 3000 
  • Self-employed non-professionals: Up to 1.50%, max of Rs. 4,500
Prepayment ChargesNIL for floating rates  
Fixed Home Loan: Up to 2%.
Delayed paymentsUp to 2% per month
PDC swapRs. 200
Check dishonourRs. 200
Copy of documentsRs. 500
List of documentsRs. 500
Re-appraisal of loan (only after 6 months of sanction)Rs. 2,000 
Disbursement cheque cancellationRs. 200
Increase/ decrease in loan termRs. 500

Check for 50 lakh home loan EMI and apply easily on MyMoneyMantra.

HDFC Bank Home Loan Eligibility Criteria

Eligibility for HDFC Home Loan will vary according to your income, age, credit score, monthly fixed financial obligations like EMIs, credit history, retirement age and job/employment stability or business continuity. Before applying for HDFC Bank Home Loan, consider following criteria:

  • You should have a fixed & stable source of income.
  • The age should be between 21 to 65 years.
  • For affordable housing loans, minimum salary should be Rs. 10,000 per month & business annual income should be Rs. 2 Lakhs.
  • The applicant should have good credit score & credit history
  • Based on your existing financial obligations like EMIs, credit card bills etc., eligibility for HDFC home loan is determined.

Additional Info: Check Banglarbhumi West Bengal Land Record located in West Bengal.

Documents Required for HDFC Bank Home Loan

Here is a quick list of documents that are required to be submitted/ uploaded with your HDFC Home Loan application. 

  • Recent coloured passport size photographs of all co-applicants. 
  • Duly filled & signed application form.
KYC documents: 

PAN & copy of any one of the following documents-

Identity Proof: Aadhar Card/ Passport/ Driving License/ Voter ID Card

Address Proof: Aadhaar Card/ Passport/ Latest utility bill like Electricity, Water or Gas Bill/ Registered Rent Agreement/ Lease Agreement etc

Proof of Income:
  • Salary Slips for last three months.
  • Bank Statements showing salary credits for last six months.
  • Latest Form-16 & IT returns
  • Proof of business continuity for last 3 years.
Property documents

For New Homes:

  • Allotment Letter / Buyer Agreement
  • Receipt(s) of payment (s) made to developer

For Resale Homes:

  • Title Deeds including chain of previous property documents
  • Receipt(s) of initial payment(s) made to seller
  • Agreement to sell (if applicable)

For Construction:

  • Plot’s Title Deeds
  • No encumbrance certificate
  • Copy of plan as approved by Local Authorities
  • Construction estimate by an Architect or Civil engineer
Income documents-

Salaried Individuals:

  • Salary slips of last 3 months 
  • Bank statements showing salary credits & EMI debits for last 6 months
  • Latest Form 16 and ITR

Self Employed:

  • Bank Statement for business as well as individual for past 1 year
  • Business existence proof 
  • Individual as well as Business’ copy of ITR for last 3 years
  • Company registration license under Shop and Establishment Act
  • Individual as well as business’ Computation of Income, Profit & Loss Account, Audit Report, Balance Sheet, etc.
Other documents-
  • Past repayment record + sanction letter for existing loan(s) 
  • Cheque for processing fee

Get detailed list of HDFC Bank Home loan documents for different profiles- salaried, self-employed, NRI here: Documents Required for HDFC Home Loan

HDFC Home Loan Schemes & Offers
  • HDFC offers customised for resident as well non-resident Indians. 

    Let’s explore different types of HDFC Housing Loans:

    HDFC Home Loans- for Purchase of New Residential Units
    • Home loan for purchase of a new house from a private developer or housing development authorities.
    • Both salaried & self-employed can apply for HDFC Home Loans.
    • Maximum repayment tenure is 30 years for Telescopic Repayment under Adjustable Rate Home Loan.
    • Loan amount can vary from 75% to 90% of property value. The margin ranges from 10% to 25%.
    • Flexible repayment options are available.
    HDFC Home Loans- For Purchase of Resale Homes
    • Home loan for the purchase of resale property under a co-operative housing society or apartment owners’ association or development authority, or a privately built home.
    • Repayment tenure & margin terms are same as regular home loan.
    HDFC Home Loan for Construction of Houses
    • Loan for funding construction of a home on a freehold plot or a plot allotted by Development Authority.
    • Home loan can be applied with co-applicant(s) to enhance eligibility.
    • Repayment options, eligibility criteria and margin requirement are similar to home loan for new and pre-owned houses.
    HDFC Home Loan Balance Transfer
    • HDFC Home Loan Transfer lets you surrender previous loan and transfer home loan balance to HDFC Ltd.
    • No maximum limit for balance transfer.
    • Top-up with HDFC home loan transfer is capped at Rs. 50 Lakhs.
    • Past credit history, market value of property and repayment capacity will determine eligibility.
    • Margin requirements are same as regular Home Loan.
    • Maximum tenure allowed under HLBT is 20 years. 
    • Extension up to 30 years is allowed only for Telescopic Repayment Option under Adjustable Rate Home Loan.
    HDFC Home Improvement Loans
    • Housing loan for home improvement, repair or renovation.
    • Available to existing as well as new customers.
    • Maximum tenure of 15 years.
    • Existing customers can avail of 100% of the estimated costs subject to the market value of the property. LTV ratio up to 75% to 90%.
    • Margin for new customers- 10% to 25% of market value of property.
    HDFC Home Extension Loans
    • Loan for extension of residential unit such as adding a room or constructing additional floor(s), subject to approval from concerned authority.
    • Max tenure of 20 years.
    • Loan terms depend on construction estimate.
    • Margin of 10% to 25%, depending on loan amount & market value of property.
    HDFC Plot Loans
    • Loan for purchasing a residential land/ plot through direct allotment or resale.
    • Other lender’s plot loan transfer is allowed. 
    • The maximum loan tenure is 15 years.
    • Margin capping is 20% to 25% of the property cost: 20% for loans up to Rs. 75 Lakhs and 25% for loans over Rs. 75 Lakhs. 
    • In case the plot is located outside city limits, higher margin of 30% can be placed.
    • Eligibility criteria & repayment options are similar to other HDFC Home Loan variants.
    HDFC NRI Home Loan
    • Home Loan for Non-Resident Indians (NRIs), Person of Indian Origin (PIO) and Overseas Citizen of India (OCI).
    • Housing finance for NRIs living in the Middle East Countries, Singapore, the United Kingdom and many other places.
    • Home loan advisory services available in resident countries.
    • HDFC Ltd also provides property search advisory services.
    • Home loan can be availed to purchase property located anywhere in India where HDFC has an office.
    • Merchant Navy personnel can also avail this facility.
    • The maximum repayment tenure is 20 years. 
    • You can use the Tranche-Based EMI option.
    HDFC Pre-Approved Loan Scheme
    • All eligible borrowers can avail Pre-Approved Home Loan from HDFC i.e. a letter of provisional sanction for a few months. 
    • Pre-approved home loan sanction helps to negotiate better deals with builders. 
    • Loan is approved as you share details of property. 
    • Regular terms & conditions apply.
    HDFC Short Term Bridging Loans
    • Home Loan to buy a new residential unit while waiting for the sale of your existing home.
    • Repayment is through monthly instalments of simple interest with lump sum repayment at the end of the term.
    • The maximum loan tenure period is 2 years.
    • The margin is 20% of the property cost for loans up to Rs. 75 Lakhs and 25% of the property cost for loans above Rs. 75 Lakhs.
    HDFC Rural Housing Finance
    • Home loan for purchase, construction, renovation of homes in rural areas by people residing in rural areas/ villages.
    • Categories eligible to apply:  Agriculturists, planters, horticulturists, dairy farmers and so on.
    • Salaried and self-employed individuals can also avail of this loan to purchase or construct residential property in their village.
    • Agriculturists need not mortgage their agricultural land for availing Home Loan under this scheme. They need not submit IT returns. 
    • Maximum loan tenure is 20 years for all agriculturists.
    • The margin requirement is 10% to 25% of the property cost.
    HDFC Pradhan Mantri Awas Yojana
    • PMAY is the pilot home loan subsidy schemed offered by the Government of India.
    • HDFC is one of the institutional lenders that can lend to beneficiaries under this Credit-Linked Subsidy Scheme.
    • The maximum interest subsidy available in PMAY is 2.67 Lakhs.
    • People from the Economically Weaker Sections (EWS), Lower Income Group (LIG), and Middle Income Group (MIG-I and MIG-II) not owning residential property in their names/ or in the names of immediate family members are eligible for interest rate subsidy on home loan under PMAY.
    In Collaboration with Army Group Insurance Fund (AGIF)
    • Armed Forces Personnel can avail finance from HDFC in addition to the borrowing from the AGIF for purchase or construction of houses.
    HDFC Reach
    • This is affordable home loan scheme by HDFC. 
    • All benefits applicable as under regular home loans.
    • The borrower should have a minimum salary of Rs. 10,000 per month or an annual income of Rs. 2 Lakhs in case of self employed individuals.
    • Maximum tenure is 30 years for Home Loans, home extension loans and re-finance home loans under the category. Other home loan variants are capped at 15 years.
    • The margin requirement is 20% for Home Loans, home extension loans, home improvement loans, and top-up loans. It is 40% for non-residential premises and plot loans and 50% for Loan against Property.
    • This product is a 3-year fixed rate variant under the TruFixed Home Loan category.
    • Rate of interest will vary as per repayment capacity and loan tenants. 

    Also check AnyRoR Gujarat Land Record.

HDFC Home Loan Comparison with Other Lenders

Let’s compare HDFC bank home loan rates with ROI offered by other banks-

LenderMaximum Loan AmountInterest RateProcessing Fee
HDFC Home LoanUp to 90% of property cost8.10% – 9.00%Up to 0.50% or Rs. 3000 (whichever is higher) + applicable taxes
ICICI Bank Home LoanUp to 90% of property cost8.10% – 8.95%0.50% – 2% or Rs. 1,500 (Rs. 2,000 for Mumbai, Delhi & Bangalore), whichever is higher + GST
SBI Home LoanUp to 90% of property cost7.55% – 8.25%Up to 0.50% + applicable GST
Axis Bank Home LoanRs. 5 Crores7.60% – 8.05%Up to 1%, minimum Rs.10,000
Bank of Baroda Home LoanRs. 10 Crores7.95% – 9.70%Up to 0.50% (minimum Rs. 8,500 & maximum Rs. 25,000)

Additional Reading: Cibil score check free online by pan number

HDFC Pradhan Mantri Awas Yojana (PMAY) Subsidy 2022

Pradhan Mantri Awas Yojana (PMAY) is a credit linked subsidy scheme launched by the Indian Government. The scheme allows beneficiary to save up to Rs 2.67 with interest subsidy up to 6.50% p.a. The scheme envisages pucca houses ownership for all Indians by 2022. Thus, the scheme is open for first ever purchase of pucca house by the family. The benefits are offer under 4 categories- LIG, EWS, MIG 1 & MIG 2.

The deadline for MIG1 & MIG2 benefits expired on March 2021, while the benefits under affordable housing are available till March 2022. HDFC Home Loan customers can apply online for credit linked subsidy.

How to Calculate HDFC Home Loan EMI?

You can instantly Calculate HDFC Home Loan EMI using an online Home Loan EMI Calculator on fastmudra platform. All you have to do is fill up loan details like the loan amount, rate of interest, and the loan tenure. You will instantly get the EMI schedule along with the comprehensive amortisation table.

HDFC Bank Home Loan EMI Calculation

To help you compare home loan EMIs for HDFC Home Loan, sharing below EMI Calculation for Rs 10 Lakh to Rs 60 Lakh amount for 10, 20 & 30 years at lowest rate of 8.10% p.a. The EMI will certainly change during the year as the home loan rate resets during the loan period.

Loan Amount10 years20 years30 years
Rs.10 lakhRs.12,186Rs.8,427Rs.7,407
Rs.20 lakhRs.24,371Rs.16,853Rs.14,815
Rs.30 lakhRs.36,557Rs.25,280Rs.22,222
Rs.40 lakhRs.48,743Rs.33,707Rs.29,630
Rs.50 lakhRs.60,928Rs.42,134Rs.37,037
Rs.60 lakhRs.73,114Rs.50,560Rs.44,445

Furthermore, you can also use HDFC home loan eligibility Calculator to assess the loan amount eligibility for your profile. Share income, existing liabilities and tentative EMI for the calculation.

Also check: HDFC Home Loan Cibil Score

HDFC Home Loan Repayment options

HDFC bank offers multiple repayment options to the customers. You get flexibility to repay the loan as per your current financial health. You can choose from any of the following methods of payments.   

SURF (Set Up Repayment Facility): Here, the borrower will pay lower EMIs in the initial years of the loan. The size of EMI increases after few years. Thus, it is suitable for young borrowers who can shoulder responsibility in proportion to advancement of their career.

FLIP (Flexible Loan Instalments Plan): This again is a customised repayment option. Your home loan EMI will be higher in initial years and decreases in the later stage. 

Tranche Based EMI: This is ideal when loan is availed of for the purchase of under constructed property. You will service interest only EMI until the final disbursement of the loan.

Accelerated Repayment: This scheme enables you to increase your EMI according to your finances or increase in income. Periodic advance payment leads to faster loan repayment. 

Telescopic Repayment: This is an option where you choose the maximum tenure for loan i.e. 30 years, resulting in enhanced loan eligibility and lower EMIs.

Additional Info: Also check SBI Home Loan EMI Calculator

HDFC Home Loan Customer Care

HDFC has designated dedicated home loan helplines for Customers Care.

New Delhi – 18002100018, 011-64807999

Mumbai- 18002100018, 022-64807999 

For information on Home Loan- SMS “HDFCHOME” to 56767

Helpline numbers differ from city to city. You can get this information on the official website of HDFC.

Give a missed call to 09289200017 from your registered mobile number. A home loan executive will call you back.

You can also write your concerns directly on the link: 


Corporate Office: 

HDFC House, H T Parekh Marg, 

165-166, Backbay Reclamation, 

Churchgate, Mumbai – 400 020.

Working Days: Monday to Friday

Working Hours: 9:30 am to 5:15 pm

Tel:  +91 (22) 66316000 

Fax: +91 (22) 22046834

For Housing Loans in Mumbai

+91 (22) 66636000

Alternatively, use missed call or SMS Service to get the customer care support.

Additional Info: SBI Home Loan Customer Care Number

Lowest Interest Rate

Home loan interest rates are the lowest ever in the past 15 years. With raining festival offers on home loan, currently you can avail of the best interest rate on Bajaj Finserv home loan @7.70% p.a for all loan amounts.

Affordable EMI plans

You can avail the lowest Home Loan EMI at Rs. 727/- per lakh with maximum repayment flexibility. Some options are Step-Up EMIs, Step Down EMIs, Moratorium, OD facility, balance transfer, top up and more.

No Foreclosure Charge

Home Loans at floating interest rate (linked to repo rate) offer you ultimate prepayment flexibility. There is no part or full prepayment charge. You can prepay early & reduce interest cost as per your cash flows.

Home Loan Popular Offers


Home Loan Balance Transfer

Annual Fee: ₹ 20,00,000.00

Joining Fee: ₹ 868.00

IDFC First

Home Loan Balance Transfer

Annual Fee: ₹ 10,00,000.00

Joining Fee: ₹ 755.00

Bajaj finserv

Home Loan Balance Transfer

Annual Fee: ₹ 20,00,000.00

Joining Fee: ₹ 803.00

TATA Capital

Home Loan Balance Transfer

Annual Fee: ₹ 20,00,000.00

Joining Fee: ₹ 716.00


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