HDFC Home Loans at HDFC Bank
Home Loans offered by HDFC Bank to buy or construct your dream home. Get Home Loans for purchasing, building, renovating, repairing, or redecorating your perfect living space.
You can also opt to transfer your existing Home Loan from another lender over to us to benefit from our loan offers.
At HDFC Bank, you can enjoy attractive Home Loan interest rates along with a hassle-free loan application process, easy loan repayment options, and flexible tenures.
We offer a range of Home Loans, including Top Up Loans, Home Improvement Loans, and Home Extension Loans.
Enjoy the convenience of applying for a loan online with our intuitive digital application process.
And if you need a bit of guidance along the way, we also offer expert advice and prompt customer service for all your Housing Loan queries.
Attractive Interest Rates
Seamless Digital Application Process
Additional Topup of Upto ₹50 lacs*
Special Processing Fees for Government Employees
- Home Loan Balance Transfer
Simple & Easy Digital Application Process
No hidden charges
Customized repayment options to suit your needs
Maximum Top Up Loan of ₹50 lacs*
Loans for existing customers
Attractive Interest Rates
What is a Home Loan?
A Home Loan is a type of loan that you can take for purchasing a ready-made property, constructing your own home, or renovating/extending your existing property. You can also do a Balance Transfer of your existing home loan over to a new lender like HDFC Bank for better Home Loan interest rates.
How do I apply for an HDFC Bank Home Loan?
At HDFC Bank, you can easily apply for a Home Loan online. Our website is user-friendly and will intuitively guide you through the process. You can also visit us at your nearest HDFC Bank branch.
What is the maximum Home Loan that I can obtain?
When you apply for a Home Loan, you can get 75 to 90% of the total property cost. Similarly, if the Home Loan is for construction, home improvement or extension, then 75 to 90% of the construction/improvement/extension estimate can be funded. The remaining 10-25%, depending on the loan amount, is your own contribution.
Is Home Loan a tax-saving deduction?
Yes, according to the Income Tax Act, 1961, you can avail of various tax benefits if you are paying a Home Loan. Section 80C allows you to avail of a deduction of Rs 1.5 lakh on principal amount repayment. As per Section 24, you can claim deductions up to Rs 2 lakh on interest repayments. Section 80EE provides additional tax benefits for first time home buyers. All of these tax-saving provisions are applicable according to certain terms and conditions as laid down by the Act.
What factors affect your Home Loan eligibility?
Your eligibility for a Home Loan largely depends on factors such as your income and repayment capacity. Apart from that, other decisive factors include your age, qualification, spousal income, number of dependents, assets and liabilities, savings history, and stability of occupation, among others.