Check & Download HDFC Home Loan Statement

The HDFC home loan statement is a type of document. It ideally presents a comprehensive overview of your home loan with HDFC Bank. It can include details such as the status of your EMI payments, transaction history, due dates, and other relevant details about your home loan. The bank updates this statement every financial year and is accessible online through the official HDFC website, enabling you to secure the statement in a jiffy. This statement can also be acquired by visiting any nearby HDFC bank branch, making it ideal for those who prefer the offline method. Hereunder, Urban Money offers a step-by-step procedure for online and offline HDFC home loan statement downloads. You can choose the one that best suits you.

Why is an HDFC Home Loan Statement Necessary?

Let’s examine the key purpose of the HDFC home loan statement:

• Track Loan Balance: It helps you track outstanding loan balances, ensuring you know how much more you need to pay. It also shows how much of the repayment amount is going toward the principal and how much toward interest.
• Error Identification: It is prudent to check your loan statement regularly. This will enable you to spot discrepancies or errors in charges, interest rates, or repayment amounts, ensuring your loan account is accurately maintained.
• Tax Benefits: It is considered a necessary document to claim tax deductions. It shows both the principal amount repaid (under Section 80C) and the interest paid on your loan (under Section 24[b]), which serves as proof of interest and principal repayment.
• Financial Planning: The statement provides a detailed overview of your loan account, enabling you to effectively plan your finances. It also helps you make informed decisions about partial or full prepayments to reduce your interest burden.

How Do You View and Download the HDFC Home Loan Statement Online?

Following is the step-by-step procedure for HDFC home loan statement download:

Step 1: Go to the official website of HDFC Bank.

Step 2: Tap on the “LOGIN” button.

Step 3: Select the “NetBanking” option from the drop-down menu that might appear on the screen.

Step 4: You will be redirected to a new page where you need to enter your user ID and password.

Step 5: Once you log in to HDFC Internet Banking, enter the loan account number and submit am e-statement request. 

Step 6: Your statement will be generated automatically, and you’ll receive an email from HDFC Bank with the loan statement attached.

How Do You Get an HDFC Home Loan Statement Offline?

Let’s take a look at the step-by-step procedure to get an HDFC home loan statement offline:

Step 1: Visit the nearest HDFC branch to your location.

Step 2: Carry necessary documents with you, such as your bank passbook, PAN card, and Aadhaar card.

Step 3: Approach the customer service desk or your loan officer and request a physical copy of your home loan statement.

Step 4: You may have to fill out a request form for the loan statement. To prevent any delays, make sure that all provided details are error-free.

Step 5: The bank staff will verify your identity, and once the verification is complete, you will receive the loan statement.

Step 6: Before leaving the branch, briefly review the statement to ensure all the information is accurate and covers the desired period.