HDFC Home Loan

HDFC  offers affordable home loans to eligible borrowers with interest rates starting at 8.25% p.a. over extended loan tenures up to 30 years. The processing fee associated with these housing loans ranges from 0.50% to 1.50% of the loan amount (Min. Rs.3,000; Max. Rs.4,500) plus applicable taxes depending on the type of employment. HDFC Ltd. also offers a full waiver of prepayment charges for individual borrowers in order to aid affordable housing.


Retail Prime Lending Rate 16.75%
Loan Amount Based on customer profile
Processing Fees Up to 0.5% of loan amount (min. Rs.3,000)
Penal Interest Rate Up to 24% p.a.
Prepayment/Foreclosure Charges 0% – 2%
Max Tenure 30 Years
Rate Packages Available Fixed/Floating

What is Home Loan?

• A home loan is an amount of money that an individual borrows from a bank or money lending company at a certain rate of interest to be paid with the EMI every month. The property is taken as a security by the money lending company for the Home Loan.
• The property can either be commercial or personal in nature.
• When the borrower cannot pay the dues, the lender will possess all the legal rights to recover the outstanding loan amount by sale of the property in question.

Home Loan Interest Rates

The interest rate offered to you will depend on several factors including your employment type. Find below the interest rates charged on different home loans for salaried and self-employed professionals/non-professionals:

HDFC  Home Loan Floating Rates:

HDFC Home Loan Schemes Interest Rate for Salaried Interest Rate for Self-Employed
Home Loan 8.25% p.a. – 8.85% p.a 8.25% p.a. – 8.85% p.a.
Plot Loan 8.50% p.a. – 8.85% p.a. 8.25% p.a. – 8.85% p.a.
Home Improvement Loan 8.25% p.a. – 9.20% p.a. 8.25% p.a. – 9.20% p.a.
Loan Against Property 9.90% p.a. – 11.65% p.a. 9.90% p.a. – 11.65% p.a.

Note: The rates given above are as per the bank’s website. The interest rates offered to you may be different based on your credit profile and other factors.