Updated Jan 2025 • Post RBI Rate Cut

HDFC Bank Home LoanEMI Calculator

Calculate your monthly EMI instantly with HDFC Bank's latest interest rates. Plan your home loan with confidence using our advanced calculator.

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Current HDFC Bank Rates

Interest Rate7.9% - 8.7%

Lower than market average

Processing Fee0.5%

Min ₹3,000 • Max ₹50,000

Loan AmountUp to ₹10.0Cr

Min ₹1L

Max Tenure30 Years

Min 1 years

Calculate Your EMI

Use our advanced calculator to plan your home loan with HDFC Bank's latest rates

HDFC Bank Home Loan

HDFC Bank, India's largest private sector bank, offers comprehensive home loan solutions with industry-leading digital capabilities. Known for quick processing, transparent pricing, and excellent customer service.

Key Features

  • Interest rates starting from 7.90%
  • Up to 80% financing (90% for loans up to ₹30 lakhs)
  • TruHome - Digital home loan with instant approval
  • Online application process with minimal documentation
  • Doorstep service in 50+ cities
  • Special rates for women borrowers
  • Free property search assistance
  • Insurance options with loan protection

Interest Rates & Fees

Interest Rate Range:7.90% - 8.70%
Processing Fee:0.50% of loan amount
Max Loan Amount:₹10,00,00,000
Max Tenure:30 years

EMI Calculator

₹50,00,000
8.30%
20 years

EMI Details

Monthly EMI

₹42,760

Principal Amount

₹50,00,000

Total Interest

₹52,62,400

Total Amount Payable

₹1,02,62,400

Payment Breakdown

Principal: 48.7%Interest: 51.3%

Eligibility Criteria

  • Age: 21 to 65 years (salaried), 21 to 70 years (self-employed)
  • Minimum income: ₹25,000 per month (metro), ₹20,000 (non-metro)
  • Employment: Minimum 3 years total experience, 1 year in current job
  • Credit Score: 700 and above (750+ for best rates)
  • NRIs and PIOs eligible

Documents Required

  • KYC documents (Aadhaar, PAN, Passport)
  • Latest salary slips (3 months)
  • Form 16/ITR for last 2 years
  • Bank statements (6 months)
  • Property papers (Agreement, NOC, Title documents)
  • Employment proof (ID card, appointment letter)
  • Processing fee cheque
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Why Choose HDFC Bank Home Loan?

Competitive Rates

Interest rates starting from 7.9% with flexible repayment options

  • Repo-linked rates
  • Special rates for women
  • No hidden charges

Quick Processing

Fast approval process with minimal documentation

  • Digital application
  • Instant eligibility check
  • Doorstep service

Flexible Terms

Customizable loan terms to suit your financial needs

  • Tenure up to 30 years
  • Part prepayment allowed
  • Balance transfer facility

Frequently Asked Questions

Everything you need to know about HDFC Bank home loans

What is the current home loan interest rate for HDFC Bank?

HDFC Bank currently offers home loan interest rates starting from 7.9% and going up to 8.7% per annum. The exact rate depends on various factors including:

  • Your Credit score (750+ preferred)
  • Loan amount and loan-to-value ratio
  • Employment type (salaried/self-employed)
  • Property location and type

How much home loan can I get from HDFC Bank?

HDFC Bank offers home loans ranging from ₹1 lakhs to ₹10 crores. Your eligibility depends on:

Eligibility Criteria:

Salaried Individuals:

  • • Age: 21-65 years
  • • Min income: ₹25,000/month
  • • Work experience: 2+ years

Self-Employed:

  • • Age: 25-70 years
  • • ITR: 3+ years
  • • Business stability: 5+ years

What is the processing fee for HDFC Bank home loan?

HDFC Bank charges a processing fee of 0.5% of the loan amount:

Processing Fee:0.5% + GST
Minimum:3,000
Maximum:50,000

Note: This is a one-time non-refundable fee. Some banks offer processing fee waivers during festive seasons.

Can I prepay my HDFC Bank home loan?

Yes, HDFC Bank allows both partial and full prepayment of home loans:

Floating Rate Loans:

No prepayment charges as per RBI guidelines

Fixed Rate Loans:

May attract 2-4% prepayment penalty

Pro Tip: Making even small prepayments can save significant interest. A ₹50,000 annual prepayment on a ₹50L loan can save ~₹15L in interest!

What documents are required for HDFC Bank home loan?

HDFC Bank requires the following documents for home loan application:

Identity & Address Proof

  • PAN Card (Mandatory)
  • Aadhaar Card
  • Passport/Driving License

Income Documents

  • Latest salary slips (3 months)
  • Form 16/ITR for last 2 years

Note: Additional documents may be required based on employment type and property details.

Expert Tips for Home Loan Success

Maximize your savings and get the best deal on your HDFC Bank home loan

Before Applying

📊

Check Credit Score

Aim for 750+ for best rates

Save up to 0.5% on interest

💰

Calculate Eligibility

Know your borrowing capacity

Avoid rejection & save time

🏦

Compare Banks

Research rates across lenders

Save lakhs in interest

📄

Prepare Documents

Get all papers ready

Fast-track approval by 7-10 days

After Loan Approval

🔄

Setup Auto-Debit

Never miss an EMI payment

Maintain perfect credit record

💸

Make Prepayments

Pay extra when possible

Save 40-50% on total interest

📊

Claim Tax Benefits

Use 80C & Section 24

Save up to ₹2L annually

🔄

Consider Transfer

Switch for better rates

Save ₹10-20L on ₹50L loan

💡 Pro Tip: The 5% Prepayment Strategy

Prepaying just 5% of your loan amount annually can reduce your tenure by 8-10 years and save up to 45% of total interest!

₹50L

Loan Amount

₹2.5L

Annual Prepayment

₹22L

Interest Saved

Next Steps

Ready to Get Your Dream Home?

Start your HDFC Bank home loan journey today with our exclusive rates and fast processing

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