HDFC-(Housing Development And Finance Corporation) Home Loan, India have been serving the people for around three decades and providing various housing loan according to their varied needs at attractive & reasonable interest rates. Owing to their wide network of financing, HDFC Housing Loans provides services at your doorstep and helps you find a home as per your requirements.

Features:

• Home loans for individuals to purchase (fresh / resale) or construct houses. HDFC finances up to 85% maximum of the cost of the property (Agreement value + Stamp duty + Registration charges).
• HDFC also provides with Home Improvement Loan for internal and external repairs and other structural improvements like painting, waterproofing, plumbing and electric works, tiling and flooring, grills and aluminium windows. HDFC finances up to 85% of the cost of renovation (100% for existing customers).
• Home Extension Loan facilitates the extension of an existing dwelling unit. All the terms are the same as applicable to Home Loan.
• HDFC Land Purchase Loan Be it land for a dream house, or just an investment for the future, HDFC Land Purchase Loan is a convenient loan facility to purchase land. HDFC finances up to 85% of the cost of the land (Conditions Apply). Repayment of the loan can be done over a maximum period of 15 years.
• Choose from Fixed Rate or Floating Rate with options to structure your loan as Partly Fixed or Partly Floating.
• Flexible repayment options to suit your individual needs.
• Loan cover Term Assurance Plan - HDFC Standard Life Insurance Company Ltd. offers an insurance plan, which is designed to ensure that life's uncertainties do not affect your family's interests and your precious home. This pure risk plan is designed in a way that the cover decreases as you repay your home loan making it a low cost premium insurance plan.
• Automated Repayment of Home loan EMI - You can give us standing instructions to repay your Home Loan EMIs directly from your HDFC Bank Savings Account, thus, saving you the trouble of procuring, signing and tracking post-dated cheques. HDFC also offers In-house scrutiny of Property documents for your complete peace of mind.

Wide network of financing:

• With over 200 offices, 90 outreach programs - HDFC is able to provide home loans in over 2400 locations in India. You can apply at your local HDFC office for properties in locations where we finance.

Post Disbursement Services:

• Income tax Certificate to enable you to claim the tax benefits are sent to you. This service is absolutely free.

Loan Repayment:

• ECS facility
• Post dated cheques - No charges for replacement of cheques
• Loan repayment at any HDFC offices

Loan Amount:

• Customers are eligible to get upto 85% of the amount of the property.
• Tenor: 1-20Years

Documents:

You can download the Application Form and submit alongwith the following documents for an approval of loan.

Salaried Customers	Self Employed Professionals	Self Employed Businessman
Application form with photograph	Application form with photograph	Application form with photograph
Latest Salary-slip	Education Qualifications Certificate and Proof of business existence	Education Qualifications Certificate and Proof of business existence
Form 16	Last 3 years Income Tax returns (self and business)	Business profile
Last 6 months bank statements	Last 3 years Profit /Loss and Balance Sheet	Last 3 years Income Tax returns (self and business) Last 3 years Profit /Loss and Balance Sheet
Processing fee cheque	Last 6 months bank statements Processing fee cheque	Last 6 months bank statements (self and business) Processing fee cheque

Redemption Charges

Adjustable Rate Home Loan [ARHL] If a prepayment is made within 3 years of the first disbursement*, under Adjustable Rate Home Loan (ARHL) option early redemption charges of 2% of the amount being prepaid is payable if the amount being repaid is more than 25% of the opening balance. Fixed Rate Home Loan [FRHL] Redemption charges of 2% of the amount being prepaid is payable if the amount being repaid is more than 25% of the opening balance Incase of commercial refinance under both the FRHL and ARHL an early redemption charge of 2% is payable. You may be required to submit copies of your Bank Statements or any other documents that HDFC deems necessary to verify the source of prepayment. *Subject to terms and conditions Fees 1% of the loan amount applied plus applicable service taxes and cess. No Charges for Replacement of cheques Income Tax Certificates Accelerated Repayment Option