What HDFC Bank charges for a home loan, what it costs in rupees, and how it compares with every other provider we track. The advertised rate is 7.75% p.a. onwards; the bank can charge up to 13.20% for this product, so the advertised figure is a starting rate, not an offer.
The short answer
- HDFC Bank home loans start at 7.75% a year. Its own rate card goes up to 13.20%.
- That is 9th cheapest of the 12 lenders we track. Canara Bank, LIC Housing Finance and Union Bank of India start at 7.15%, and Bank of Baroda at 7.20%.
- Processing fee: up to 0.50% of the loan or ₹4,000, whichever is higher, plus 18% GST. Self-employed non-professionals pay up to 1.50%.
- Closing a floating-rate loan early is free. The RBI does not allow a charge.
Rate, maximum and fees
| Advertised rate | Maximum rate | Terms | Fee |
|---|---|---|---|
| 7.75% | 13.20% | Repo-linked (EBLR) | Up to 0.5%, min ₹4,000 |
Checked at source 26 Aug 2026 · HDFC Bank’s own home loan page and published Processing Fees & Charges schedule, hdfcbank.com
HDFC Bank home loan at a glance
| Particular | Detail |
|---|---|
| Interest rate | 7.75% p.a. onwards. HDFC Bank’s own card prices it as repo + 2.50% to 7.95%, i.e. 7.75% to 13.20% |
| Loan amount | ₹15 lakh – ₹10 crore |
| Maximum tenure | Up to 30 years |
| Loan-to-value | Up to 90%, by loan slab. RBI caps it; see the LTV table below |
| Benchmark | Repo-linked (EBLR). Policy cuts reach the EMI within a reset cycle |
| Foreclosure charge | Nil on floating rate. The RBI does not allow it on loans to individuals |
Updated 17 Sep 2026 · Lender rate pages, checked individually
How much you can borrow against the property
The RBI sets these limits, not the bank. The bigger the loan, the less you can borrow against the property. The rest is your down payment.
| Loan amount | Maximum loan-to-value |
|---|---|
| Up to ₹30 lakh | Up to 90% of property cost. Minimum 10% down payment |
| ₹30.01 lakh – ₹75 lakh | Up to 80% of property cost. Minimum 20% down payment |
| Above ₹75 lakh | Up to 75% of property cost. Minimum 25% down payment |
RBI rule — applies to every lender. 15 Aug 2026 · Reserve Bank of India — Master Direction on housing finance and the circular on foreclosure charges
Watch the boundaries. A ₹76 lakh loan is capped at 75%. A ₹74 lakh loan is capped at 80%. Asking for slightly more can mean finding several lakh extra in cash. Run the numbers on both sides of a cut-off before you fix the loan amount. Stamp duty and registration usually do not count in the property cost used for this calculation, so a 90% loan does not mean you only need 10% of your total spend.
Processing fees by borrower type
There is no single fee. A self-employed non-professional can pay several times what a salaried applicant pays on the same loan. The full fees and charges page lists every line the bank publishes.
| Borrower / loan type | Processing fee |
|---|---|
| Salaried / self-employed professional | Up to 0.50% of the loan or ₹4,000, whichever is higher, plus taxes |
| Self-employed non-professional | Up to 1.50% of the loan or ₹5,000, whichever is higher, plus taxes |
| NRI home loan | Up to 1.50% of the loan or ₹4,000, whichever is higher, plus taxes |
| Value Plus loan | Up to 1.50% of the loan or ₹5,000, whichever is higher, plus taxes |
| HDFC Reach scheme | Up to 2.00% of the loan, plus taxes. No minimum — the percentage applies from the first rupee |
| Re-appraisal after 6 months from sanction | Up to ₹3,300 salaried / self-employed professional; up to ₹5,000 for all other schemes |
From the bank’s own rate card 26 Aug 2026 · HDFC Bank’s own home loan page and published Processing Fees & Charges schedule, hdfcbank.com
Charges that sit outside the processing fee
These catch people out, because they are quoted separately or passed on at cost.
| Charge | Amount |
|---|---|
| Stamp duty, MOD / MOE, registration | At actuals, per applicable state law. State-set; often the largest single line at sanction |
| CERSAI registration | At actuals, up to ₹100 |
| Administrative charges | Up to ₹5,000 plus applicable taxes |
| Rate conversion — switch to a lower variable rate | Up to 0.50% of principal outstanding or ₹3,000, whichever is lower, on the first conversion; ₹2,000 cap on later ones |
| Switch from a fixed-rate or combination loan to variable | Up to 1.50% of principal outstanding |
| Conversion of rate from floating to fixed | Up to ₹3,000 |
| Payment return (bounced instalment) | ₹450 |
| Non-compliance with sanction terms | Up to 2% p.a. on principal outstanding, charged monthly until resolved. Capped at ₹50,000 for critical security deferrals, ₹25,000 otherwise |
| Duplicate list of documents, photocopies, repayment mode change | Up to ₹500 each |
| Property document retention | ₹1,000 per case |
From the bank’s own rate card 26 Aug 2026 · HDFC Bank’s own home loan page and published Processing Fees & Charges schedule, hdfcbank.com
What that costs in rupees
On ₹50,00,000 over 20 years.
| EMI at 7.75% | ₹41,047/month |
|---|---|
| Total interest | ₹48,51,383 |
| EMI at the 13.20% maximum | ₹59,293/month |
| Extra interest at the maximum rate | ₹43,78,848 |
Principal and interest only. Processing fee, GST, documentation and any insurance sold alongside the loan are additional. You can run your own figures on the HDFC Bank home loan EMI calculator.
What moves this rate
HDFC Bank is a private sector bank. Floating retail loans are priced off an external benchmark, so RBI rate cuts pass through within a reset cycle. The advertised rate is a starting point, not an offer. It goes to the strongest applicants: a high credit score, a big down payment and usually a salaried job at an approved employer. The maximum in the table above is the bank’s own upper limit. Where you land between the two is set by your credit score, not by bargaining — which is why work to improve your credit score before applying is often worth more than shopping around.
Read the fee together with the rate, not separately. Where a fee is quoted without tax, add 18% GST to get what you actually pay. On a big, long loan the rate matters most. On a smaller or shorter one, a low rate with a high fee is often the costlier deal.
How it compares
HDFC Bank is the 9th cheapest of the 12 providers we track — 0.60% above Canara Bank, LIC Housing Finance and Union Bank of India at 7.15%. The full table of home loan interest rates shows where every lender sits on the same dated basis.
What it costs to close the loan early
If you have a floating-rate home loan as an individual, the bank cannot charge you anything to close it early. Not to prepay part of it, not to close it fully, not to move it to another lender. This is an RBI rule, not a favour from the bank. So a 30-year home loan is much less binding than it sounds. If your rate drifts too high, or your credit score improves, you can move. It costs you nothing to leave — you only pay the new lender’s processing fee and fresh legal and valuation charges.
The rule does not cover fixed-rate loans, where a charge is allowed. If a fixed rate looks attractive, check what it costs to exit before you take it. You would be giving up the strongest protection a floating-rate borrower has.
Frequently asked questions
What credit score do I need for an HDFC Bank home loan?
The bank does not publish a cut-off, and any site quoting an exact number is guessing. What we can say: the advertised 7.75% goes to the strongest applicants, and the published range runs well above it. In practice, a score above 750 gets you near the bottom of the range, and scores in the 700s land in the middle. Check your score before you apply, not after — a rejected application is recorded.
Can I close an HDFC Bank home loan early without a charge?
Yes, if it is a floating-rate loan in your own name. The RBI does not allow banks to charge foreclosure or prepayment fees on these loans. You can prepay part or all of it, from any source, free. Fixed-rate loans are different and a charge is allowed there.
How much processing fee will I pay?
It depends on your income type. Salaried applicants and self-employed professionals pay up to 0.50% of the loan or ₹4,000, whichever is higher. Self-employed non-professionals pay up to 1.50% or ₹5,000. NRI loans are up to 1.50% or ₹4,000, and the HDFC Reach scheme is up to 2.00%. Add 18% GST to all of them. Budget separately for stamp duty, registration, CERSAI and valuation — those are extra.
How much can I borrow against my property?
Up to 90% for loans up to ₹30 lakh, up to 80% from ₹30.01 lakh to ₹75 lakh, and up to 75% above ₹75 lakh. These are RBI caps, so they apply at every lender. Stamp duty and registration are usually left out of the property cost used in this sum.
Will my rate change after I take the loan?
Yes. The loan is linked to the repo rate and resets at least every three months. When the RBI cuts rates, your EMI or tenure drops within a cycle. When rates rise, the same happens the other way. Most banks change the tenure rather than the EMI by default — you can usually ask them to do the opposite.
Sources
- HDFC Bank — Home loan page and published Processing Fees & Charges schedule — checked at source 26 Aug 2026
- Reserve Bank of India — Master Direction on housing finance and the circular on foreclosure charges — as of 15 Aug 2026
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