HDFC home loan is one of the main services provided by the Housing Development Finance Corporation LTD or better known as HDFC bank. The bank was founded in 1977 with the aim of promoting ownership of homes, enhancing residential housing stock and providing obstacle free home loans. The following are the advantages provided by HDFC home loan services:
Wide range of products and services
Home loan counseling
The company helps in finding the best home possible under the circumstances of their customers
Door step services
Multiple repayment options
Loan repayment
Post disbursement services
Wide financing network
The bank provides services to both resident and non resident Indians. The types of houses, which the resident Indians can buy anywhere in India with the loans of the HDFC bank are as follows:
Self-contained flats in apartment owner's associations
Self-contained flats in co-operative societies
Independent single family bungalows
Independent multi family bungalows
Row houses
Any other form of homes in any place in India
The home loans offered by HDFC bank can be very easily arranged and can also be formatted to the requirements and repayment capabilities of the customers. In case of non-resident Indians, up to 85% of the cost of the house that is bought can be obtained as home loan. While repaying the loans, the NRIs can remit the payment amount to the HDFC bank by using normal banking channels. The following are the types of HDFC home loans:
Home Loans
Home Equity Loans
Home Extension Loans
Home Improvement Loans
Short Term Bridging Loans
Loan Against Rent Receivables
The bank has been providing services for more than 29 years and it has more than 26 lakh customers. The home loan advices provided by the professionals of the bank, ranging from project approvals, legal documentation and technical advice, are very dependable. Moreover, the HDFC Home Line can be called in order to avail the door step services of the bank. HDFC Reality is a service provided by the bank in order to help its customers grab the best possible home.
The loans provided by the HDFC bank are repayable by post dated checks, using ECS facilities and also at HDFC offices. The following are the loan repayment options of HDFC bank:
Tranche Based EMI
Flexible Loan Installments Plan
Step Up Repayment Facility
Accelerated Repayment Scheme
Contact Details of HDFC:
Head Office :
Ramon House, 169, Backbay Reclamation,
H T Parekh Marg, Churchgate
Mumbai - 400 020.
Contact :
For Housing Loans in Mumbai -
Tel: +91 (22) 66636000
For Deposits -
Tel: +91 (22) 66316060
For Others -
Tel: +91 (22) 66316000
Fax: +91 (22) 22048834
