Urban Money

HDFC Sales Home Loan

HDFC Sales

HDFC Sales offers a variety of home loan products for customers across segments. There are several types of loans for purchases of various kinds of properties including new apartments from developers or homes from development authorities or even for resale units. You can conveniently apply for HDFC Sales home loan and take advantage of the HDFC Sales home loan online application procedure. There are competitive HDFC Sales home loan interest rates on offer for applicants as well.

  • HDFC Sales
  • Home Loan
Loan Amount:₹5L - ₹10Cr
Interest Rate:6.75% - 7.65%
Processing Fee: Up to 0.5%
Tenure:30 Years
BanksInterest RateProcessing FeeLoan Amount/Tenure
HDFC Sales

6.75% - 7.65%

Up to 0.5%

₹5L - ₹10Cr

Tenure(Up to 30 Years)


Features of HDFC Sales Home Loans

  • Loans can be availed for the purchase of flats, bungalows and row-houses from private construction companies in approved projects.
  • HDFC Sales provides loans on purchases from Development Authorities.
  • Loans can be availed for the purchase of properties from existing Apartment Owners Association/Co-operative Housing Society/Development Authorities settlements or privately built-up homes.
  • Loans are also provided for leasehold properties.
  • Acts as a legal and technical expert for making the right property choice.

Benefits of HDFC Sales Home Loans

  • Fully Digitized Process: With HDFC Sales, you can apply for a home loan from the comfort of your home. Once the loan is sanctioned, you can access your home loan account through the company’s website, request disbursement, check your account statement and retrieve your interest certificate.
  • Flexible Repayment Plans: With tailor-made repayment plans, you can customize your home loans according to your requirements.
  • Minimal Documentation: The hassle-free documentation process makes the HDFC Sales Home Loan application swift and easy.
  • Round-the-Clock Assistance: With 24/7 assistance at every step, you can ask queries and get help through chat on the website and via WhatsApp.

Eligibility Criteria for HDFC Sales Home Loans 

Applicant’s Age 21 - 65 Years
CIBIL Score 750 or above
,Minimum Income
  • Salaried: INR 10,000 per month
  • Self-Employed: INR 2 Lakhs
Maximum Tenure 30 Years
Financial Position The current and future financial standing of the applicant will determine the loan amount that will be sanctioned to you
Credit History A positive credit history with no liabilities standing will create a positive impact

Fees and Charges for HDFC Home Loans 

Processing Fees 0.50% on the loan amount or INR 3,000 (whichever is higher)
Retention Amount 50% of applicable fees + applicable taxes
External opinion fees
  • Charged on actual basis
  • It is directly paid to the expert for the assistance rendered
Property Insurance Insurance is directly payable to the insurance provider
Late Repayments Liable to pay additional interest upto 24% p.a.
Incidental Charges
  • This covers costs, charges and other expenses
  • A copy of policy can be asked on request of the bank
Statutory and regulatory charges All the applicable charges shall be paid by the customer
Cheque Dishonoured INR 300
PDC Swap Upto INR 500
Disbursement Cheque Cancellation Charge Post Disbursement Upto INR 500
Re-Appraisal Of Loan After 6 Months From Sanction Upto INR 2,000+taxes
Reversal of Provisional Prepayment under HDFC Maxvantage Scheme INR 250+ applicable taxes

HDFC Sales Home Loans Interest Rates

HDFC Sales provides attractive and competitive interest rates on your home loans. Interest rates start from 6.70% p.a. Both fixed and floating interest rates are available. 

Given below are the loan amounts sanctioned against interests based on certain criteria.

On the Basis of Credit Score

CIBIL Score above 750 6.70% onwards

Loan Amount upto INR 30 Lakhs

For Women 6.75%- 7.25%
For others 6.80%-7.30%

Loan Amount Ranging from INR 30.1 Lakhs to INR 75 Lakhs

For Women 7.00%-7.50%
For others 7.05%-7.55%

Loan Amount Ranging from INR 75.01 Lakhs and Above

For Women 7.10%- 7.60%
For others 7.15%-7.65%

For Women

Upto INR 30 Lakhs 6.95% - 7.45% 7.40%- 7.90%
INR 30.1 Lakhs- INR 75 lakhs 7.20% - 7.70% 7.55% - 8.05%
INR 75 Lakhs and above 7.30% - 7.80% 7.65% - 8.15%

For Others

Upto INR 30 Lakhs 7.00% - 7.50% 7.45% - 7.95%
INR 30.1 Lakhs- INR75 lakhs 7.25% - 7.75% 7.60% - 8.10%
INR 75 Lakhs and above 7.35% - 7.85% 7.70% - 8.20%

Documents Required for HDFC Sales Home Loan 

Identify and Residency
  • Passport
  • Driver’s licence
  • Pan Card
  • Voter ID
Income Proof
  • Salary Slip of past 3 months
  • Previous 6 months’ bank statement
  • Latest Form 16
  • IT Returns
Property Proof New Home
  • Allotment Letter copy
  • Payment receipts made to the developer
Resale Home
  • Title Deeds that include previous chain of property documents
  • Initial payment receipts made to the seller
  • A copy of agreement to sell
For Construction
  • Title deeds of plot
  • No encumbrances proof
  • Plan copies approved by local authorities
  • Construction estimate by civil engineer or architect
Other Documents
  • Own contribution documents
  • Employment card/appointment letter
  • Previous 6 months’ bank statements showing repayments of any ongoing loans
  • Passport sized photograph of the applicants and co-applicants to be affixed and signed
  • Cheque for processing fee favouring HDFC Ltd.

HDFC Sales Home Loan Customer Care

Contact Number  91-9289200017 
SMS Number 56767 (SMS Format: HDFCHOME)


From refinancing to reducing your interest, we have the answers right here.

What are the eligibility criteria for HDFC Sales Home Loans?

HDFC Sales determines your eligibility primarily by analysing your income and credit history. Other factors include your age, CIBIL score, financial history and the number of dependents.

Do I get tax benefits from home loans?

Under the Income Tax Act 1961, you can avail of tax benefits on the principal and interest amounts.

What does EMI mean? How is it calculated?

An EMI means an estimated monthly instalment. It is the amount you pay to the bank monthly till the loan is fully repaid. The formula used to calculate the EMI is EMI = [P x R x (1+R) ^N]/ [(1+R) ^N-1]. Here, P stands for principal, R is the rate of interest, and N is the number of years.

What are the benefits of a co-applicant?

By adding a co-applicant, you can maximise the loan amount. If the co-applicant is a woman, you can avail of lower interest rates.

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