Rates & Offers
Documents
Fees & Charges

Rates offered to Customer
(Past Quarter)

Interest Rates

All rates are benchmarked to Policy Repo Rate. Current applicable Repo Rate = 6.25%

Special Housing Loan Rates for Salaried & Self Employed (Professionals & Non-Professionals)
Loan Slab Interest Rates (% p.a.)
For All Loans* Policy Repo Rate + 2.45% to 3.30% = 8.70% to 9.55%
Standard Home Loan Rates for Salaried & Self Employed (Professionals & Non-Professionals)
Loan Slab Interest Rates (% p.a.)
For All Loans* Policy Repo Rate + 3.15% to 3.70% = 9.40% to 9.95%

*The above Home Loan interest rates/ EMI are applicable for loans under the Adjustable Rate Home Loan Scheme (Floating Interest Rate) of HDFC Bank And are subject to change at the time of disbursement. The Home Loan interest rates above are linked to HDFC Bank's Repo Rate and are variable throughout the tenor of the loan. All loans are at the sole discretion of HDFC Bank. For further details regarding the loan slabs and interest rates above Click Here

 

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

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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.

KYC Documents

KYC Documents

Income Documents

Property related Documents

Other Requirements
A Sr.No. Mandatory Documents    
  1 Passport, the validity of which has not expired.    
  2 PAN Card or Form 60 (If the customer does not have a PAN Card)    
B Sr.No. Description of Officially Valid Documents (OVD) that can be accepted for establishing the legal name & current address of Individuals*[Any one of the following documents can be submitted] Identity Proof Address Proof
  1 Passport, the validity of which has not expired.    
  2 Driving license which has not expired.    
  3 Election /Voters identification card    
  4 Job card issued by NREGA duly signed by the officer of the State Government    
  5 Letter issued by the National Population Register containing details of name, address.    
  6 Proof of possession of Aadhaar Number (to be obtained voluntarily)    
  7 Documents issued by the Government Departments of Foreign Jurisdiction (Like Work/Resident Permit, Social Security Card, Green Card etc.)



  8 Letter issued by the Foreign Embassy or Mission in India    


A document mentioned above shall be deemed to be an OVD even if there is a change in the name subsequent to issuance provided it is supported by a marriage certificate issued by State Government or Gazette notification, indicating such a change of name.

 

In case the prospective customer is a Non-Resident Indian (NRI)/Person of Indian Origin (PIO)/Overseas Citizen of India (OCI), the KYC documents are to be self attested and submitted at the time of application. Though the KYC documents of the Power of Attorney holder can be verified with the originals, it becomes difficult to verify the documents submitted by the prospective NRI/PIO/OCI Customer with the respective originals where he / she is not personally present at the time of application / disbursement process. In such a case, it is suggested that any one of the following documents be obtained -

 

1

Proof of identity and address duly notarized by the Notary Public (overseas) having authority in the place of residence of the prospective NRI customer.

2

Proof of identity and address duly attested by the Indian Embassy existing at the place of residence of the prospective NRI customer.

*If the Documents being submitted are in a language other than English, a translation in English by an authorised translator is mandatory.

Document Salaried Self Employed Professional Self Employed Non Professional
Photocopy of the Employment Contract / Appointment Letter / Offer Letter      
Last 3 months' Salary Slips / Certificates specifying the following: Name (as it appears in the Passport; Date of joining; Passport Number; Designation; Perquisites and salary      
Photocopy of last 6 months' Bank Statements, showing salary credits      
Photocopy of last 6 months' Bank Statements of the NRE / NRO account in India      
Credit Bureau Report (in case available in the country where you are residing)      
Last 3 years’ Income Tax Assessment of the individual as well as the business entity      
Financial Statements (preferably audited) of the business entity for last 3 years      
Details of the ongoing loans of the business entity and the individual along with photocopy of the sanction letter  



Bank statements including NRE / NRO accounts for last 6 months of the individual and business entity      
In case business is carried out under Partnership Firm / LLP - Copy of Partnership Deed / Incorporation Documents      
In case business is carried out under Company, the following additional documents need to be submitted: Incorporation certificate; Incorporation documents like Memorandum of Association, Articles of Association; List of Directors and List of Shareholders along with details of shares held by them      
Document Salaried Self Employed Professional Self Employed Non Professional
Title Deeds of the plot      

Proof of no encumbrances on the property

      
Copy of the plans, approved by the Local Authorities      
Construction Estimate by an Architect / Civil engineer      
Document Salaried Self Employed Professional Self Employed Non Professional
Own Contribution Proof      

Photocopy of the valid resident visa stamped on the Passport

  



Passport size photograph of all the applicants / co-applicants to be affixed on the Application form and signed across

      

Past occupational history

   

Cheque for processing fee favouring ‘HDFC Bank.’ In Indian Rupees

      

Business Profile

      

*The above list is indicative in nature and additional documents can be asked for.

All documents to be self attested. If the documents are in a language other than English then an English translation from a professional translator will be required. The same is to be attested by the Embassy / Employer.

In case the applicants & co-applicants are not present in India at the time of disbursement of the loan and the disbursement is availed by the POA holder, then the applicants & co-applicants are required to visit the overseas HDFC Bank Office for KYC documents attestation by the HDFC Bank representative. In case they are unable to visit our overseas branch then they are required to submit a copy of their identity and residence proof either notarized by the Notary Public (overseas) in the place of residence of the NRI customer or attested by the Indian Embassy existing at the place of residence of the NRI customer.

Housing Charges

Processing Fees & Charges

Processing Fees & Charges

Conversion Fees

Miscellaneous Receipts

Pre Mature Closure/ Part Payment

Property Document Retention Charges

Processing Fees & Charges

Processing Fees & Charges
Fees for Resident Housing Loan/ Extension/ House Renovation Loan/ Refinance of Housing Loan/ Plot Loans for Housing (Salaried, Self-Employed Professionals) Upto 0.50% of the loan amount or Rs. 3300/- whichever is higher  +  applicable taxes / statutory levies.
Minimum Retention Amount: 50% of applicable fees or Rs. 3300/- +applicable taxes/statutory levies whichever is higher
Fees for Resident Housing/ Extension/ Renovation/ Refinance/ Plot Loans for Self Employed Non-Professionals. Upto 1.50 % of the Loan amount or Rs. 5000/- whichever is higher+ applicable taxes / statutory levies.
Minimum Retention Amount:
50% of applicable fees or Rs. 5000/-
+applicable taxes/statutory levies whichever is higher
Fees for NRI Loans Upto 1.50% of the Loan amount or Rs. 3300/- whichever  is  higher  +  applicable taxes / statutory levies and charges.
Minimum Retention Amount: 50% of applicable fees or Rs. 3300/-+applicable taxes/statutory levies whichever is higher
Fees for Value Plus Loans Upto 1.50% of the Loan amount or Rs. 5000/- whichever is higher + applicable taxes / statutory levies and charges.
Minimum Retention Amount: 50% of applicable fees or Rs. 5000/-+applicable taxes/statutory levies whichever is higher
Fees for Loans under HDFC Bank Reach Scheme Up to 2.00% of the loan amount+ applicable taxes / statutory levies. Minimum Retention Amount: 50% of applicable fees or Rs. 3300/-+applicable taxes/statutory levies whichever is higher
Re-appraisal of loan after 6months from date of sanction

Salaried / Self employed Professional-Upto Rs. 3300/- + applicable taxes/ statutory charges

 For Self-Employed Non-Professionals/ NRI/ Value Plus Loans/ HDFC Reach Scheme/- Upto Rs. 5000/- + applicable taxes + statutory charges
Increase in Loan amount For loan amount increase fees applicable under processing charges shall be levied.

Other Charges

Other Charges
Delayed Instalment Payment Charges A maximum of 18% P. A. on overdue instalment amounts.
Incidental Charges

Incidental charges and expenses are levied to cover the cost, charges, expense and other monies as per actuals applicable to a case.

Stamp Duty/ MOD/ MOE/ Registration

As applicable in the respective States.

Fees/Charges levied by Regulatory /government  entities such as CERSAI

As per actual charges/ fee levied by Regulatory bodies + applicable taxes/ statutory levies

Fees/Charges levied by such third parties such as mortgage guarantee company

As per actual fee/ charges levied by any third party(ies) + applicable taxes/ statutory levies

• 10% discount to senior citizens on all the service charges

Conversion Charges

Conversion Charges

Switch to Lower Rate in Variable rate Loans (Housing/ Extension/ Renovation  / Plot / Top Up)

Upto 0.50% of the Principal Outstanding and undisbursed amount (if any) at the time of Conversion or Rs 3000 (which ever is lower)

Switch from Combination Rate home loan under fixed rate term / fixed rate loan to Variable rate

Upto 1.50% of the Principal Outstanding and Undisbursed amount (if any)+ applicable taxes / statutory levies at the time of Conversion.
Conversion of ROI from floating to fixed (who have availed EMI based floating rate Personal Loans ) Please refer the RBI circularNo.DBR.No.BP.BC.99/08.13.100/2017-18 on “XBRL Returns – Harmonization of Banking Statistics” dated January 04, 2018.” 
Upto Rs.3000/- + applicable taxes / statutory levies.

Miscellaneous Receipts

Miscellaneous Receipts

Payment Return Charges

Rs. 300/- Per Dishonor.

Photocopy of Documents

Upto Rs. 500/- + applicable taxes / . statutory levies

Fees on account of External Opinion – such as legal/technical verifications.

As per actuals.

List of documents charges- for issuance of duplicate list of documents post disbursement

Upto Rs. 500/- + applicable taxes / statutory levies.

Repayment Mode Changes

 Upto Rs. 500/- + applicable taxes / statutory levies.
Custody Charges/Property Document Retention charges Rs. 1000 per calendar month, after 2 
calendar months from date of closure of all loans/facilities linked to the collateral
Charges levied on account of non- adherence of sanction terms agreed by customer at the time of disbursement of the loan. Upto 2% charges per annum on principal outstanding for non- compliance of agreed terms upto its fulfilment- (charged on monthly basis) subject to cap of Rs. 50000/- for critical security related deferrals. Max Rs. 25000/- for other deferrals.

Pre Mature Closure / Part Payment

Pre Mature Closure / Part Payment Charges

A. Adjustable Rate Loans (ARHL) and Combination Rate Home Loan (“CRHL”) during the period of applicability of the Variable Rate of interest

For loans sanctioned to individual borrowers with or without co-applicants, no prepayment charges shall be payable on account of part or full prepayments made through any sources* except when the loan is sanctioned for business purposes**.

B. Fixed Rate Loans (“FRHL”) and Combination Rate Home Loan (“CRHL”) during the period of applicability of the Fixed Rate of interest

For all loans sanctioned with or without co-applicants, the prepayment charge shall be levied at the rate of 2%, plus applicable taxes/statutory levies of the amounts being so prepaid on account of part or full prepayments except when part or full prepayment is being made through own sources*.

Own Sources: *the expression "own sources" for this purpose means any source other than borrowing from a Bank/HFC/NBFC or Financial Institution.
 

**Conditions apply
 

The Borrower will be required to submit such documents that HDFC Bank may deem fit & proper to ascertain the source of funds at the time of prepayment of the loan.

Name of Fee/ Charge levied Amount in Rupees
Custody charges Rs 1000/- per month for non-collection of collateral documents beyond 60 days, from date of closure of all loans/facilities linked to the collateral.

Home Extension 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 18-65 years
Profession Salaried / Self Employed
Nationality NRI
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.

*For Certain Professionals Only

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***

Loan Amount

 

 Maximum Funding 

 

Loans up to and including ₹30 lacs

90% of the construction estimates

Loans from ₹30.01 lacs to ₹75 lacs

80% of the construction estimates

Loans above ₹75 lacs

75% of the construction estimates

 

***Subject to the repayment capacity of the customer, as assessed by HDFC Bank.

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Testimonials

AGHARA RAVIKUMAR M
“

It was very easy to complete disbursement process with support of HDFC staff

”
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Frequently Asked Questions

It is a loan to extend or add living space to your home such as additional rooms and floors etc.

Any person who wishes to add space to their existing Apartment/Floor/Row house can avail a Home Extension Loan from HDFC Bank. Existing home loan customers can also avail a Home Extension Loan.

You can avail a Home Extension Loan for a maximum term of 20 years or till your age of retirement, whichever is lower.

Interest rates applicable on home extension loans do not differ from the interest rates of home loans.

Yes. You are eligible for tax benefits on the principal and interest components of your home extension loan under the Income Tax Act, 1961. As the benefits could vary each year, please do check with our Loan Counselor about the tax benefits which you could avail on your loan.

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.

HDFC Bank will disburse your Home Extension Loan in installments based on the progress of construction/renovation as assessed by HDFC Bank.

You can find a checklist regarding documents required and applicable fees & charges on https://www.hdfc.com/checklist#documents-charges
Rates Offered to Customer (Past Quarter)
Segment IRR APR
Min Max Avg. Min Max Avg.
HOUSING 8.35 12.50 8.77 8.35 12.50 8.77
NON - HOUSING* 8.40 13.30 9.85 8.40 13.30 9.85
*NON - HOUSING = LAP(EQUITY), NON-RESIDENTIAL PREMISES LOAN & INSURANCE PREMIUM FUNDING  
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