HDFC Bank Home Loan For Women

HDFC Bank Home Loan for Women Highlights
Interest rate	8.75% p.a. onwards
Loan amount (LTV Ratio)	Up to 90% of the property’s cost
Repayment tenure	Up to 30 years

Note: Interest rates as of 22nd November 2024

HDFC Home Loan Interest Rate for Women

Special Home Loan Rates for Salaried and Self-employed (Professionals and Non-Professionals)

Loan Slab	Interest Rate (p.a.)
All loan amounts	8.75%-9.65%

Standard Home Loan Rates for Salaried and Self-employed (Professionals and Non-Professionals)

Loan Slab	Interest Rate (p.a.)
All loan amounts	9.40%-9.95%

Important Criteria for availing HDFC Bank Special Home Loan Rates

The special offer on HDFC Bank Housing Loan interest rates is applicable to:

• Loans disbursed (part/full) on or before 31st March 2023
• Applicants availing Home Loan Balance Transfer or acquiring ready to move in properties
• Applicants having credit scores of 760 and above

HDFC Bank Top-up Home Loan Interest Rates

Standard Rates for Salaried/Self-employed (Professionals and Non-Professionals)

Loan Slab (Outstanding Home Loan +Top-up Loan)	Interest Rates (p.a.)
Top-up Loan for Existing Customers	10.15%-10.70%
For all Loan Amounts	9.70%-10.25%

Interest Rates of HDFC Bank Rural Housing Loan

Special Rates for Salaried/Self-employed/Agriculturists

Loan Slab	Interest rates (p.a.)
All Loan Slabs	8.50%-9.95%

Standard Rates for Salaried/Self-employed/Agriculturists

Loan Slab	Interest rates (p.a.)
All Loan Slabs	8.75%-10.20%

Fees and Charges of HDFC Bank Home Loan for Women

Processing Fees

Particulars	Processing Charges
Resident Housing Loan/ Extension/ House Renovation Loan/ Refinance of Housing Loan/ Plot Loans for Housing (Salaried, Self-Employed Professionals)	Up to 0.50% of the loan amount or Rs. 3,000, whichever is higher Minimum Retention Amount: 50% of applicable fees or Rs 3,000
Resident Housing/ Extension/ Renovation/ Refinance/ Plot Loans for Self Employed Non-Professionals.	Up to 1.50% of the Loan amount or Rs. 4,500 Minimum Retention Amount: 50% of applicable fees or Rs 4,500
For NRI Loans	Up to 1.25% of the Loan amount or Rs. 3,000, whichever  is  higher Minimum Retention Amount: 50% of applicable fees or Rs 3,000
Re-appraisal of loan after 6months from date of sanction	Up to Rs 2,000
Value Plus Loans	Up to 1.50% of the Loan amount or Rs. 4,500 Minimum Retention Amount: 50% of applicable fees or Rs 4,500
Re-Appraisal Of Loan After 6 Months From Sanction	Up to Rs 2,000 plus applicable taxes

Other Charges

Particulars	Charges
Stamp Duty/ MOD/ MOE/ Registration	As applicable in respective states
CERSAI charges	As per actuals
Charges levied by such third parties such as mortgage guarantee company	As per actuals
Delayed instalment payment charges	Up to 18% p.a. on overdue instalment amounts

Types of HDFC Bank Home Loan for Women’s

HDFC Bank Home loans

• Purpose: Borrowers can avail HDFC Home Loans for the following purposes:
  • Purchase of flat, bungalow, row house in approved projects from private developers
  • Purchase of properties from Development Authorities such as MHADA, DDA, etc.,
  • For property purchase in Co-operative Housing Societies or Apartment Owners’ Association or Development Authorities Settlement or private homes
  • For construction of home properties on plots allotted by the Development Authority or a freehold/lease hold plot
• Loan tenure: Up to 30 years
• Loan amount: 

Loan slab	LTV Ratio
Up to and including Rs 30 lakh	Up to 90% of the property cost
Rs 30.01 lakh-Rs 75 lakh	Up to 80% of the property cost
Above Rs 75 lakh	Up to 75% of the property cost

HDFC Bank Plot Loan

• Purpose: HDFC Bank offers Plot loan or Land loan for plot purchase through direct allotment. Borrowers can also avail HDFC Plot Loan for purchasing a resale plot and for balance transfer of existing plot loans availed from other banks/NBFCs to HDFC at lower interest rates.
• Tenure: Up to 15 years
• Loan amount: 

Loan slab	LTV Ratio
Up to and including Rs 30 lakh	Up to 80% of the property cost
Rs 30.01 lakh-Rs 75 lakh	Up to 80% of the property cost
Above Rs 75 lakh	Up to 75% of the property cost

HDFC Bank Rural Housing Loans

• Purpose: Agriculturists, dairy farmers, planters and horticulturists can avail HDFC Rural Housing Loans for purchasing under construction, new or existing residential property in rural and urban areas. Borrowers can also avail HDFC Rural Housing Loans for the following purposes:
  • For home construction on freehold/lease hold plot in urban and rural areas
  • For home enhancement such as flooring, tiling, painting, internal and external plaster, etc.
  • For addition in existing house
• Tenure: Up to 30 years
• Loan amount:

Loan slab	LTV Ratio
Up to and including Rs 30 lakh	Up to 80% of the property cost
Rs 30.01 lakh-Rs 75 lakh	Up to 80% of the property cost
Above Rs 75 lakh	Up to 75% of the property cost

HDFC Bank House Renovation Loan

• Purpose: Borrowers can avail HDFC Home Renovation Loans for home enhancement include tiling, flooring, painting, plasters, etc. of existing home
• Tenure: Up to 15 years
• Loan amount: 
• For existing customers

Loan slab	LTV Ratio
Up to and including Rs 30 lakh	100% of renovation cost
Rs 30.01 lakh-Rs 75 lakh	100% of renovation cost
Above Rs 75 lakh	100% of renovation cost

For new customers

Loan slab	LTV Ratio
Up to and including Rs 30 lakh	90% of renovation estimate
Rs 30.01 lakh-Rs 75 lakh	80% of renovation estimate
Above Rs 75 lakh	75% of renovation estimate

HDFC Bank Home Extension Loan

• Purpose: Borrowers can avail HDFC Home Extension Loans for bearing home extension related expenses.
• Tenure: Up to 20 years
• Loan amount:

Loan slab	LTV Ratio
Up to and including Rs 30 lakh	90% of construction estimate
Rs 30.01 lakh-Rs 75 lakh	80% of construction estimate
Above Rs 75 lakh	75% of construction estimate

HDFC Bank Top-Up Home Loan

• Purpose: Borrowers can avail HDFC home loan top-up on their existing home loan to meet their personal and professional requirements.
• Tenure: Up to 15 years
• Loan amount:

Up to Rs 75 lakh	Up to 80%
Above Rs 75 lakh	Up to 75%

HDFC Bank Home Loan Balance Transfer

• Purpose: Home loan borrowers can avail HDFC Home Loan Balance Transfer facility for transferring their existing home loans from other banks/HFCs to HDFC at lower interest rates.
• Tenure: Up to 30 years
• Loan amount:

Loan slab	LTV Ratio
Up to and including Rs 30 lakh	Up to 90% of the property cost
Rs 30.01 lakh-Rs 75 lakh	Up to 80% of the property cost
Above Rs 75 lakh	Up to 75% of the property cost

Eligibility Criteria to Avail HDFC Bank Home Loan for Women 

• Age- 21-65 years
• Profession– Salaried/Self-employed Professionals (Doctors, Lawyers, Engineers, CA, architect, consultant, CS) and Self-employed Non-Professionals (Commission agent, contractor, trader)
• Nationality– Indian Resident

Additionally, HDFC home loan eligibility can also be determined based on other factors including credit score, monthly income and EMI/NMI ratio of its home loan applicants.

HDFC Bank Home Loan for Women Documents Required

For Salaried Applicants 

• ID Proof- PAN Card, Passport, Voter ID, Driving License

Income Proof For Salaried: 

• Salary slips for last 3 months ITR and Form 16
• Bank account statement for past 6 months showing salary credit

Income Proof For Self-Employed: 

• ITR with income computation for past 3 assessment years of both individual and business entity (duly attested by a CA)
• Current account statement of business entity for past 6 months and savings account statement of the individuals of both individual and business entity (duly attested by a CA)
• Balance sheet and profit and loss account statement for last 3 years, with schedules and annexures

Property Related Documents For New Home

• Allotment letter copy/Buyer agreement Payment receipt made to the developer

Property Related Documents For Resale Home

• Title deeds including previous chain of property documents
• Agreement to sell copy
• Initial payment receipt made to the seller

Documents for Construction

• Title deed of plot Copy of the plan approved by Local Authorities
• No encumbrance proof on the property
• The total estimate of construction by a Civil Engineer/Architect

Other documents For Salaried Applicants: 

• Proof of own contribution
• Bank Statement for last 6 months with loan repayment record
• Appointment letter/Employment contract if current employment is less than an year old
• Passport sized photograph with signatures across
• Processing fee cheque in favor of HDFC Ltd.

Other Documents For Self-Employed Applicants

• Business profile
• Form 26AS
• Memorandum and Articles of Association of the Company List of shareholders and directors with the individual certified by a CA/CS in case a business entity is a company
• Own contribution proof
• Details of current loans of the individual and business entity including installments, outstanding amount, purpose, security, balance loan term, etc.
• Processing fee cheque favoring HDFC Ltd.
• Passport size photographs with signatures across

Additional Documents for HDFC Bank Rural Housing Loan 

Income Proof

• Bank Statement for past 6 months
• Copy of Title Documents of Agricultural Land depicting land holding
• Copy of Title Documents of Agricultural Land depicting crops being cultivated

Other Documents

• Bank statement for last 6 months showing loan repayment record
• Passport size photographs signed across
• Own contribution proof
• Processing fee cheque in favor of HDFC Ltd.
• Statement of past 2 years of loans availed

Documents for Home Loan Balance Transfer

• A letter from the existing lender on his letterhead mentioning the list of property documents held by them
• Photo copy of property documents
• A letter from the existing financial institution on their letter head showing latest outstanding balance

Click here to more about HDFC Bank Home Loan Documents