Secure funds for immediate or urgent needs through a loan against property with HDFC Bank. You can borrow up to 65% of your property’s market value to cover significant expenses such as business investments, home renovations, property purchases, family weddings, or educational costs. Our loans are available at competitive interest rates.
| INTEREST RATES & CHARGES | |
|---|---|
|
Variable Interest Rate (LAP/LCP/LARR)
|
Policy Repo Rate (6.50%) + 3.00% to 4.50% = 9.50% to 11.00%
|
|
Fixed Interest Rate (LAP/LCP/LARR)
|
11.80% to 13.30% |
|
Loan Processing Fees
|
Up to 1% of the loan amount (Minimum Rs. 7500) |
|
Pre-Payment/Part Payment Charges
|
No charges for part prepayment once per financial year if ≤25% of principal outstanding
|
There are two interest rate options:
The processing fee is up to 1% of the loan amount, with a minimum fee of Rs. 7500.
You can make one part-prepayment per financial year without any charges, provided that the prepayment amount does not exceed 25% of the principal outstanding at the time of payment.
Both residential and commercial properties are eligible to be used as collateral for securing a loan.
Loan applications are generally decided within 7 days from receipt of all required documentation. However, if field investigations or property valuation are needed, the decision may take up to 25 days.
AAP KA BAZAR, GURUGRAM, GURUGRAM, HR-122001
Monday through Saturday,
10:00 A.M. to 6:30 P.M.
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