Interest Rates 20186438 views
- HDFC home loan interest rates for existing customers.
- HDFC home loan rates for balance transfer.
If you want to balance transfer your home loan to HDFC, you must check the eligibility, conversion cost, interest rate, and processing fees. HDFC home loans have the combination of budget rate, higher loan amount and the flexible tenure facility. With all of this together, this loan is one of the best home loans in the India. Check the details below and apply for it today online.
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Table of Contents
HDFC Home Loan Interest Rate
|Interest Rate||8.50% - 9.15%|
|Tenure||Up to 30 years|
|Processing Fees||For salaried: ₹10,000 + GST|
For SEP- Up to 0.50% of the loan amount or ₹3,000 For SENP- Up to 1.50% of the loan amount or ₹4,500 + GST
HDFC Home Loan Interest Rate Calculator
A loan EMI calculator or interest rate calculator or interest calculator is one and the same thing. It is a housing loan calculator that tells the monthly EMI, the total interest rate outgo, and the total payment (interest+principal) by taking into account the interest rate, the loan amount and the tenure of the loan which is being taken. You can check the details in just a few minutes.
HDFC Home Loan Interest Rate for Existing Customers
The interest rate offered by HDFC Ltd on home loans reach the customer after deducting a certain percentage from the RPLR. Any fluctuation in RPLR is going to impact both new as well as existing borrowers. Interest rates also vary according to the category of the borrower and the loan amount being offered.
HDFC Home Loan Interest Rate Conversion
The existing home loan customers of HDFC can opt for interest rate conversion facility, wherein the customers can ask the bank to reduce the applicable interest rate. The customer needs to pay a nominal conversion fee of 0.50%-1.75% of the principal outstanding and can opt for either reducing their EMIs or loan tenure.
HDFC Home Loan Balance Transfer Interest Rates
Both salaried, as well as self-employed individuals, can opt for balance transfer facility, wherein the applicants can transfer their outstanding home loan availed from another bank/NBFC to HDFC. With the option of BT, the customers can enjoy lower loan repayments. Not only this, HDFC also offers an additional Top-Up loan of up to ₹35 Lakh while opting for BT. However, while availing the same facility, the applicants also need to pay a one-time processing fee of 0.50% of the principal outstanding to HDFC. So, if you are also looking for the options where you can switch, apply for HDFC home loan now!