Switch your existing home loan to HDFC Bank and enjoy lower interest rates and reduced EMIs with our Home Loan Balance Transfer facility. Benefit from top-up loan options, minimal documentation, and quick processing. Transfer today to maximize your savings and manage your finances more efficiently with HDFC Bank.
HDFC Bank provides Balance Transfer Loans with competitive interest rates to reduce your loan repayments. Transfer your existing Home Loan balances to HDFC Bank, benefit from lower monthly installments, and use the savings for other important aspects of life that matter to you and your family.
All rates are benchmarked to Policy Repo Rate. Current applicable repo rate = 6.50%
Loan Type | Category | Interest Rate Calculation | Effective Interest Rates (% p.a.) |
Special Housing Loan Rates | Salaried & Self Employed (Professionals & Non-Professionals) | Policy Repo Rate + 2.25% to 3.15% | 8.75% to 9.65% |
Standard Balance Transfer Loan Rates | Salaried & Self Employed (Professionals & Non-Professionals) | Policy Repo Rate + 2.90% to 3.45% | 9.40% to 9.95% |
Maximum of 1% of loan amount (* Minimum PF of Rs.7500/-)
Eligibility to transfer a housing loan mainly hinges on your income and capacity to repay. Other significant factors include your profile, age at the time of loan maturity, the age of the property at loan maturity, and your history of investments and savings.
Important Factor | Criteria |
Age | 18 – 70 years |
Profession | Salaried / Self Employed |
Nationality | Resident Indian |
Tenure | Up to 30 years |
Loan Amount | Maximum Funding |
Up to ₹30 lacs | 90% of the property cost |
₹30.01 lacs to ₹75 lacs | 80% of the property cost |
Above ₹75 lacs | 75% of the property cost |
Even though your career may have taken you overseas, the desire to connect with your roots in India remains strong. HDFC Bank makes it easy and convenient to turn your dream of owning a home in India into reality.
Loan Purpose | Details |
Eligible Borrowers | NRIs, PIOs, OCIs, and Merchant Navy employees |
Property Types | Flats, row houses, bungalows from private developers in approved projects, properties from Development Authorities (e.g., DDA, MHADA), construction on freehold/leasehold plots, properties in existing Co-operative Housing Societies, Apartment Owners’ Associations, or privately built homes |
Services Offered | Home Loan Advisory Services abroad, Property Search Advisory Services including expert legal and technical counseling |
Benefits | Attractive interest rates, insights on developer projects, locations, documentation, and offerings |
Coverage | Loans available for properties located anywhere in India |
A Home Loan Balance Transfer allows you to transfer your existing home loan from another bank to HDFC Bank to benefit from lower interest rates and better loan terms.
To be eligible, you must have a good repayment record on your existing home loan and meet HDFC’s credit criteria, including income, age, and property value.
Benefits include potentially lower interest rates, lower EMIs, top-up loan options for additional needs, and streamlined documentation and processing.
Yes, there are fees such as processing fees, legal charges, and valuation fees. Specific details can be found on the HDFC Bank official website or by contacting a bank representative.
The process typically takes a few weeks, depending on the completion of documentation and verification. Expedited service options may be available for existing HDFC customers or for straightforward cases.
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