Home Loan by HDFC

I want to purchase new home. So I need Home Loan. So I am thinking to apply in HDFC Bank. So tell me what is interest rate applicable for Home Loan? Also tell me about required documents to apply in HDFC Bank?

[Kiran Chandar]

Here I am giving following information for Home Loan of HDFC for Salaried People:

Salient Features:
Loans for purchase of:
A flat, row house, bungalow from private developers in approved projects.
Properties from Development Authorities such as DDA, MHADA etc.
Attractive interest rates
Customised repayment options
No hidden charges.
Expert legal and technical counselling
Integrated branch network for availing and servicing

Interest Rates
Adjustable Rate Loan - Festive Offer
RPLR: 16.30%
Loan Slab Interest Rates (% p.a.) RPLR minus Spread
For Women* (Any Loan Amount) 9.50 to 10.00 RPLR - (6.80 to 6.30)
Any Loan Amount 9.55 to 10.05 RPLR - (6.75 to 6.25)

TruFixed Plus Loan – 2 & 3 Year Fixed Rate Variant - Festive Offer
RPLR: 16.30%
Loan Slab Interest Rates during Post the Fixed Rate Term the applicable
the 2 & 3 Year Fixed Interest Rates will be the prevailing Rate
Rate Term (% p.a.) of Interest under Adjustable Rate
For Women* (Any Loan Amount) 9.50 to 10.00 RPLR - (6.80 to 6.30)
Any Loan Amount 9.55 to 10.05 RPLR – (6.75 to 6.25)

TruFixed Plus Loan – 10 Year Fixed Rate Variant - Festive Offer
RPLR: 16.30%
Loan Slab Interest Rates During Post The Fixed Rate Term The
The 10 Year Fixed Applicable Interest Rates Shall Be The
Rate Term(% p.a.) Prevailing Rate Of Interest Under
Adjustable Rate
For Women* (Any Loan Amount) 9.70 to 10.20 RPLR - (6.60 to 6.10)
Any Loan Amount 9.75 to 10.25 RPLR – (6.55 to 6.05)


Documents Required to Apply for Home Loan at HDFC Bank
Proof of both identity and residence (any 1)
Valid Passport
Voter ID Card
Aadhaar Card
Valid Driving Licence

Proof of income
PAN Card
Last 3 months' Salary Slips
Last 6 months' Bank Statements, showing salary credits
Latest Form-16 and IT returns

Other Documents
Employment Contract / Appointment Letter in case current employment is less than 1 year old
Last 6 months' Bank Statements showing repayment of any ongoing loans
Passport size photograph of all the applicants / co-applicants to be affixed on the Application Form and signed across
Cheque for processing fee favouring ‘HDFC Ltd.’

Property related documents
Copy of the Allotment Letter / Buyer Agreement
Receipt/(s) of payment/(s) made to the developer

Processing fees
Up to 0.50% of the loan amount or Rs.2,000 whichever is higher, plus applicable taxes.