Interest Rates

All rates are benchmarked to Policy Repo Rate. Current applicable Repo Rate = 6.50%

Special Top up Rates for Salaried & Self Employed (Professionals & Non-Professionals)
Loan Slab (Outstanding Home Loan + Top Up Loan) Interest Rates (% p.a.)

Top up for existing customers

Policy Repo Rate + 2.70% to 3.30% = 9.20% to 9.80%

 

Loan Slab (Balance Transfer + Top Up Simultaneous Loan) Interest Rates (% p.a.)

For all loan amounts

Policy Repo Rate + 2.45% to 3.05% = 8.95% to 9.55%

Standard Top up Rates for Salaried & Self Employed (Professionals & Non-Professionals)
Loan Slab (Outstanding Home Loan + Top Up Loan) Interest Rates (% p.a.)

Top up for existing customers

Policy Repo Rate + 3.05% to 3.80% = 9.55% to 10.30%

 

Loan Slab (Balance Transfer + Top Up Simultaneous Loan) Interest Rates (% p.a.)

For all loan amounts

Policy Repo Rate + 2.80% to 3.55% = 9.30% to 10.05%

*The above ROI/EMI is applicable for loans under the Adjustable Rate Home Loan Scheme (Floating Interest rate) of HDFC Bank and is subject to change at the time of disbursement. The rates above are variable in nature and linked to HDFC Bank's Repo Rate and shall fluctuate according to the movement in the same. All loans at the sole discretion of HDFC Bank.

To read terms & Conditions, Click Here

 

*HDFC BANK does not source any Home Loan business from any Lending Service Providers (LSPs).

Calculators

Documents

For loan approval, you need to submit the following documents for applicant / all co-applicants along with the completed and signed loan application form.

Non-Housing Charges

Loan Eligibility

Loan eligibility is primarily dependent on income and repaying capacity. Other important factors include the customer’s profile, age at loan maturity, age of property at loan maturity, investment and savings history etc.

Important Factor Criteria
Age 18-70 years
Profession Salaried / Self Employed
Nationality Resident Indian
Tenure Up to 15 years

Classification Of Self Employed

SELF-EMPLOYED PROFESSIONAL SELF-EMPLOYED NON-PROFESSIONAL (SENP)
Doctor, Lawyer, Chartered Accountant, Architect, Consultant, Engineer, Company Secretary etc. Trader, Commission Agent, Contractor etc.

How does adding a co-applicant benefit? *

  • Higher loan eligibility with an earning co-applicant.
  • Lower interest rate on adding a female co-owner as co-applicant.

*All co-applicants need not be co-owners. But all co-owners need to be co-applicants to the loans. Generally, co-applicants are close family members.

 

Maximum Funding**

The maximum Top Up Loan that you can avail of is equivalent to your originally sanctioned loan amount of all the Home Loans put together or ₹100 lacs, whichever is lower.

This is further subject to the cumulative outstanding loans plus the Top Up being offered not exceeding an overall cap of 80% for cumulative exposure up to ₹75 lacs & 75% if the cumulative exposure is over ₹75 lacs of the Market Value of the mortgaged property, as assessed by HDFC Bank.

 

**You can apply for a Top Up Loan after 12 months' of the final disbursement of your existing Home Loan and upon possession / completion of the existing financed property or basis the last 12 months' track record of the Top Up Loan being refinanced from another institution, subject to possession / completion of the property.

Testimonials

Frequently Asked Questions

Top Up Loans can be availed for personal and professional needs (other than for speculative purposes) like marriage, Child's education, business expansion, debt consolidation etc.

All customers with an existing Home Loan, Home Improvement Loan or a Home Extension Loan can apply for a home loan top up. New customers availing of our Balance Transfer loan can also additionally avail a home loan top up from HDFC Bank. You can apply for a home loan top up after 12 months' of the final disbursement of your existing home loan and upon possession/ completion of the existing financed property.

The maximum home loan top up that you can avail of is equivalent to your originally sanctioned loan amount of all the Home Loans put together or ₹50 lacs, whichever is lower. This is further subject to the cumulative outstanding loans plus the top up being offered not exceeding an overall cap of 80% for cumulative exposure up to ₹75 lacs & 75% if the cumulative exposure is over ₹75 lacs of the market value of the mortgaged property, as assessed by HDFC Bank.

You can avail a home loan top up for a maximum term of 15 years or till your age of retirement ,whichever is lower.

Security of the loan would generally be security interest on the property being financed by us and/or any other collateral/interim security as may be required by us.

Yes. Home loan top up can be availed in addition to a balance transfer loan from HDFC Bank.

The process of obtaining a home loan top-up involves the submission of specific documents, and for a comprehensive list, you can refer to the checklist available on HDFC's official website at https://www.hdfc.com/checklist#documents-charges. This checklist serves as a guide for borrowers, detailing the necessary documentation needed to facilitate a home loan top-up.

Rates Offered to Customer during the period Oct'23 to Dec'23
Segment IRR APR
Min Max Avg. Min Max Avg.
HOUSING 8.30 12.60 8.48 8.30 12.60 8.48
NON - HOUSING* 8.35 13.55 9.23 8.35 13.55 9.23
*NON - HOUSING = LAP(EQUITY), NON-RESIDENTIAL PREMISES & INSURANCE PREMIUM FUNDING LOAN  

Loan Benefits

End to end digital process

Loan approval in 4 simple steps.

Easy documentation

Apply with minimal documents, save time and effort.

24x7 assistance

Connect with us on Chat, WhatsApp anytime, anywhere

Online loan account

Login to your account to conveniently manage your loan.

Key Features

Loans for a variety of personal or professional needs (other than for speculative purposes).

Loans up to ₹100 lacs.

Attractive interest rates.

Easy and hassle-free documentation.

Loans for existing customers as well as new customers availing of our Balance Transfer Facility.

Simple repayments through monthly instalments.

Integrated branch network for availing and servicing the loan anywhere in India.

Terms & Conditions

Security

Security of the loan would generally be security interest on the property being financed and / or any other collateral / interim security as may be required by HDFC Bank

Other Conditions 

All the information contained herein above is for awareness and customer convenience and is intended to only act as an indicative guide about HDFC Bank’s products and services. For detailed information about HDFC Bank’s products and services kindly visit the nearest HDFC Bank branch.

Click here for the Most Important Terms and Conditions pertaining to your loan.

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LOAN TENURE

15 Years

Interest Rate

8.50% p.a.

MOST POPULAR

LOAN TENURE

20 Years

INTEREST RATE

8.50% p.a.

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LOAN TENURE

30 Years

INTEREST RATE

8.50% p.a.

For credit score of 800 and above*

* These rates are as on today,

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"Appreciate the quick service and understanding at HDFC Housing Finance"
- Avinashkumar Rajpurohit,Mumbai

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