HDFC Home Loans

  • Loans starting at 6.95% interest
  • Tenure up to 30 years
  • Loan amount up to 10 crores
  • Funding for up to 90% of property valuation
  • Processing fee is Rs.5,000 + GST
Get HDFC Home Loan

HDFC Bank offers the best rate on Home Loans starting at just 6.95% interest per annum with another 0.05% concession for women borrowers. You can avail an HDFC Home Loan for the purpose of buying a flat, home construction, home renovation and home extension. Whether you’re salaried or self-employed, you can avail an HDFC Home Loan at a competitive rate.

HDFC Home Loan Summary
Interest Rate 6.95% onwards
EMI/Lakh Rs. 662
Loan-to-Value Ratio Up to 90% of property value
Loan Tenure Up to 30 years
Processing Charges Rs.5,000 + GST

Note : The above rates are subject to change at the discretion of the banks or on the basis of RBI directives.

Besides offering a range of Loan schemes, HDFC Bank also offers borrowers multiple repayment options for ease.

HDFC Home Loan Eligibility Criteria

Note : Both self-employed professionals such as doctors, CAs, architects and lawyers and self-employed non-professionals like agents, contractors and traders are eligible to take an HDFC Home Loan.

A Primary Applicant must be:
  • A resident of India
  • Between 18 and 65 years of age
  • Salaried or self-employed
A Co-applicant must be
  • A family member but not necessarily a co-owner of the property

Find out the loan amount you’re eligible for in seconds with Fincity Eligibility Calculator.

Enter basic loan-related details in the Fincity Eligibility Calculator and find out in a matter of clicks.

HDFC Home Loan Interest Rate on Various Schemes (2020)

Here is a list of popular HDFC Schemes and their interest rates for men and women.

HDFC Home Loan Schemes Interest Rate for Women Interest Rate for Others
HDFC Home Loan 6.95% – 7.95% 7.00% – 8.00%
HDFC Reach Loan 8.75% – 14.00% 8.75% – 14.00%
Plot Loan 7.05% – 8.05% 7.10% – 8.10%
Rural Housing Loan 6.95% – 8.70% 7.00% – 8.70%
Home Improvement Loan 6.95% – 7.95% 7.00% – 8.00%
Home Extension Loan 6.95% – 7.95% 7.00% – 8.00%
Top Up Loan As per home loan slabs As per home loan slabs
Home Loan Balance Transfer 6.95% onwards 6.95% onwards

Note : The above rates are subject to change at the discretion of the banks or on the basis of RBI directives.

HDFC Home Loan Processing Fee & Other Charges

Particulars Applicable charges
Processing fees

Rs.5,000 + GST

Prepayment charges

No prepayment charges for floating rates

Check dishonour charges

Rs. 200

List of documents

Up to Rs. 500

Photocopy of documents

Up to Rs. 500

PDC Swap

Up to Rs. 200

Disbursement cheque cancellation charges post disbursement

Up to Rs. 200

Re-appraisal of loan post 6 months from sanction

Up to Rs. 2,000

Increase/Decrease in the loan term

Up to Rs. 500

Note : The above rates are subject to change at the discretion of the banks without prior notice.

HDFC Home Loan EMI Calculation

The below table gives you a fair idea on the EMI amount to be paid at varying interest rates over different tenures. The EMI goes up with increasing loan amount but goes down with a longer tenure. With a longer tenure, however, the interest payout increases resulting in a higher overall expense. That is why it is very important to decide on the loan amount and tenure wisely. You can use the Fincity calculator to calculate your Home Loan EMI.

HDFC Home Loan Documents


  • Duly filled and signed HDFC Home Loan Application Form
  • KYC Documents – A copy of Proof of Identity and Proof of Residence such as:
    • Aadhaar
    • PAN
    • Passport
    • Voter ID
    • Driving License, etc.
  • Proof of income – A copy of the following documents:
    • Last 3 months’ Salary Slips
    • Last 6 months’ Bank Statements, showing salary credits
    • Latest Form-16 and IT returns
  • Property related documents – A copy of the following documents:
    • For New Homes:
      • A copy of the Allotment Letter / Buyer Agreement
      • Receipt/(s) of payment/(s) made to the developer
    • For Resale Homes:
      • Title Deeds including the previous chain of the property documents
      • Receipt/(s) of initial payment/(s) made to the seller
      • A copy of the agreement to sell (if already executed)
    • For Construction:
      • Title Deeds of the Plot
      • Proof of no encumbrances on the property
      • A copy of the plans, approved by the Local Authorities
      • Construction estimate by an Architect / Civil engineer
    • Other related documents – A copy or original of the following documents:
      • Own Contribution Proof
      • Employment Contract/Appointment Letter if the current employment is less than a year old
      • Last 6 months’ Bank Statements showing the repayment of current financial liabilities
      • Passport size photo of the applicant and co-applicant (if any) affixed on the HDFC home loan application form and signed by the applicant across
      • Cheque to pay processing fee favouring HDFC Ltd.

Note : Required documents must be self-attested and may slightly differ.

This is suitable for Indian residents looking for a loan to buy a house or a plot to construct a house from scratch. 

Eligible Profiles Salaried and Self-Employed Individuals
Loan Amount Up to 90% of the property value
Interest Rate 6.95% onwards
Loan Tenure Up to 30 years
Processing Fee Rs.5,000 + GST

If you’re looking to get a home loan,

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