Information Density: HDFC Sales Pvt. Ltd. – Signal Evidence & AI Readability

[H2]
What our customers say

This is to thank you for the outstanding services provided to me during my Home Loan
disbursement process. Mr. Bharat Purohit helped us with our queries and efficiently processed
all the documents on time. I will recommend HDFC Sales to anyone who would be looking for a
similar experience.

[H3] Rohit Acharya,
Bhopal

I am pleased with the knowledge and skills of the employees of HDFC. Your great service leads to
happy customers and long term relationships.

[H3] Sandeep Thorwat,
Mumbai

We are very much thankful to Sai Krishna and the entire HDFC team for helping us in realizing
the dream of owning our own house.

[H3] Kathakali,
Hyderabad

I will suggest HDFC to my near and dear ones for Loan requirements in future.

[H3] Dr. Pravin R Patil,
Jalgaon M.S

Before this experience with HDFC, taking a Loan was a task for me, as there is a lot of paper
work involved with other financial institutions. At your branch, the staff members were very
friendly and professional at the same time.

[H3] Rishabh Pandey,
Bhopal

I am happy with HDFC and its staff members who are always supportive and happy to help their
customers.

[H3] Kailas Rathi,
Nashik

I am

Salaried

Self Employed

[H3] Key Features

Transfer your outstanding Home Loan availed from another Bank / Financial
Institution to HDFC Bank and get an additional Top Up Loan of up to Rs. 100
lakhs.

Attractive interest rates that make your Home Loan affordable and easier on
your pocket.

Customised repayment options to suit your needs

No hidden charges.

Integrated home loan branch network for availing and servicing the loan anywhere
in India.

Special arrangement with AGIF for Home Loans for those employed in the
Indian Army. To know more, click
here.

Know More

Get a Call
Back

[H3] Balance Transfer
Benefits

[H3] End to End Digital Process
Refinance loan approval in 4 simple steps.

[H3] Customised Repayment Options
Tailor-made home loans to suit your requirements.

[H3] Easy documentation
Apply with minimal documents, save time and effort.

[H3] 24x7 Assistance
Connect with us on Chat or WhatsApp anytime, anywhere

[H3] Online loan account
Login to your account to conveniently manage your loan.

Know More

Get a Call
Back

[H3] Repayment
Options

[H3] Step Up Repayment Facility (SURF)*
SURF offers an option where the repayment schedule is linked to the expected
growth in your income. You can avail a higher amount of loan and pay lower
EMIs
in the initial years. Subsequently, the repayment is accelerated
proportionately
with the assumed increase in your income.

[H3] Flexible Loan Installments Plan (FLIP)*
FLIP offers a customized solution to suit your repayment capacity which is
likely to alter during the term of the loan. The loan is structured in such
a
way that the EMI is higher during the initial years and subsequently
decreases
in proportion to the income.

[H3] Tranche Based EMI
If you purchase an under-construction property you are generally required to
service only the interest on the loan amount drawn till the final
disbursement
of the loan and pay EMIs thereafter. In case you wish to start principal
repayment immediately you may opt to tranche the loan and start paying EMIs
on
the cumulative amounts disbursed.

[H3] Accelerated Repayment Scheme
This option provides you the flexibility to increase the EMIs every year in
proportion to the increase in your income which will result in you repaying
the
loan much faster.

Know More

Get a Call
Back

[H3] Frequently Asked Questions

[H2]
What is Housing Loan Balance transfer?

A home loan balance transfer to HDFC involves moving the outstanding
balance of your existing home loan from another bank or financial
institution to HDFC Bank.

[H2]
Who can avail a Balance transfer loan?

If a borrower has a consistent repayment record for a minimum of 12
months on an existing home loan with another bank or housing finance
institution (HFI), they are eligible to avail a housing loan
balance transfer with HDFC Bank. The 12-month regular payment track
indicates the borrower's ability to meet their financial
obligations, making them eligible for the housing loan balance transfer
option provided by HDFC Bank.

[H2]
What is the maximum term you can avail for a balance transfer loan?

The maximum term that a home loan transfer offers is 30 years or till the
age of retirement, whichever is lower.

[H2]
Are the applicable interest rates on a balance transfer loan higher than a
home loan?

Interest rates applicable on balance transfer loans do not differ from
the interest rates of
home loans.
The home loan transfer interest rate remains consistent with the
prevailing interest rates on regular home loans. In other words, when
opting for a housing loan balance transfer from one bank or financial
institution to another, including HDFC, the interest rates offered for
the transferred loan do not differ from standard home loan interest
rates. Thus, borrowers availing a housing loan balance transfer can
enjoy the same interest rate structure as those applying for a new
home.

[H2]
Do I get tax benefits on a balance transfer loan?

Certainly! When opting for a balance transfer loan, you remain eligible
for tax benefits on both the principal and interest portions of the
loan, in accordance with the provisions of the Income Tax Act, 1961.
However, it's crucial to note that the specific benefits may vary from
year to year.

[H2]
Can I avail a top loan in addition to a balance transfer loan from HDFC
Bank?

Certainly! In addition to facilitating housing loan balance
transfer, HDFC Bank offers the option for borrowers to avail
an extra top-up loan, allowing them to access funds of up to ₹50
lakhs. This means that beyond transferring the outstanding balance
of an existing home loan to HDFC, borrowers have the opportunity to
secure additional financial assistance in the form of a top-up loan
subject to the valuation of the property. A top-up loan essentially
extends the borrowing limit, providing the flexibility to address
various financial needs such as home renovations, education
expenses, or any other substantial financial requirements. The combined
offering of a balance transfer loan and a top-up loan helps
the borrowers, in catering to diverse monetary needs within the ambit of
a single loan arrangement with HDFC Bank.

[H2]
What are the documents required for a Balance transfer loan?

You can find a checklist of documents, home loan transfer interest rate,
home loan BT process, fees charges for a balance transfer loan
on https://www.hdfc.com/checklist/documents-charges

[H2]
Can borrower of an under construction property avail a balance transfer loan
from HDFC Bank?

Certainly! HDFC Bank extends the option of a housing loan balance
transfer to customers who have purchased an under-construction
property. This means that individuals who are in the process of
acquiring a property that is still under construction can choose to
transfer the outstanding balance of their existing home loan to
HDFC.

[H3] Terms &
Conditions

[H3] Security
Security of the loan would generally be security interest on the property being
financed and / or any other collateral / interim security as may be required by
HDFC Bank.
[H3] Other Conditions
All the information contained herein above is for awareness and customer
convenience and is intended to only act as an indicative guide about HDFC Bank’s
products and services. For detailed information about our products and services,
kindly visit the nearest HDFC Bank branch.
Click here for the Most Important
Terms and Conditions pertaining to your loan.

[H3] Key Features

Transfer your outstanding Home Loan availed from another Bank / Financial
Institution to HDFC Bank and get an additional Top Up Loan of up to Rs. 100
lakhs.

Attractive interest rates that make your Home Loan affordable and easier on
your pocket.

Customised repayment options to suit your needs.

No hidden charges.

Integrated home loan branch network for availing and servicing the loan anywhere
in India.

Special arrangement with AGIF for Home Loans for those employed in the
Indian Army. To know more, click
here.

Know More

[H3] Balance Transfer
Benefits

[H3] End to End Digital Process
Refinance loan approval in 4 simple steps.

[H3] Customised Repayment Options
Tailor-made home loans to suit your requirements.

[H3] Easy documentation
Apply with minimal documents, save time and effort.

[H3] 24x7 Assistance
Connect with us on Chat or WhatsApp anytime, anywhere

[H3] Online loan account
Login to your account to conveniently manage your loan.

Know More

[H3] Repayment
Options

[H3] Step Up Repayment Facility (SURF)*
SURF offers an option where the repayment schedule is linked to the expected
growth in your income. You can avail a higher amount of loan and pay lower
EMIs
in the initial years. Subsequently, the repayment is accelerated
proportionately
with the assumed increase in your income.

[H3] Flexible Loan Installments Plan (FLIP)*
FLIP offers a customized solution to suit your repayment capacity which is
likely to alter during the term of the loan. The loan is structured in such
a
way that the EMI is higher during the initial years and subsequently
decreases
in proportion to the income.

[H3] Tranche Based EMI
If you purchase an under-construction property you are generally required to
service only the interest on the loan amount drawn till the final
disbursement
of the loan and pay EMIs thereafter. In case you wish to start principal
repayment immediately you may opt to tranche the loan and start paying EMIs
on
the cumulative amounts disbursed.

[H3] Accelerated Repayment Scheme
This option provides you the flexibility to increase the EMIs every year in
proportion to the increase in your income, which will result in you repaying
the
loan much faster.

Know More

[H3] Frequently Asked Questions

[H2]
What is Housing Loan Balance transfer?

A home loan balance transfer to HDFC involves moving the outstanding
balance of your existing home loan from another bank or financial
institution to HDFC Bank.

[H2]
Who can avail a Balance transfer loan?

If a borrower has a consistent repayment record for a minimum of
12
months on an existing home loan with another bank or housing finance
institution (HFI), they are eligible to avail a housing loan
balance transfer with HDFC Bank. The 12-month regular
payment track
indicates the borrower's ability to meet their
financial
obligations, making them eligible for the housing loan balance
transfer
option provided by HDFC Bank.

[H2]
What is the maximum term you can avail for a balance transfer loan?

The maximum term that a home loan transfer offers is 30 years or till
the
age of retirement, whichever is lower.

[H2]
Are the applicable interest rates on a balance transfer loan higher than
a
home loan?

Interest rates applicable on balance transfer loans do not differ
from
the interest
rates of
home loans.
The home loan transfer interest rate remains consistent with the
prevailing interest rates on regular home loans. In other words,
when
opting for a housing loan balance transfer from one bank or
financial
institution to another, including HDFC, the interest rates offered
for
the transferred loan do not differ from standard home loan interest
rates. Thus, borrowers availing a housing loan balance transfer
can
enjoy the same interest rate structure as those applying for a
new
home.

[H2]
Do I get tax benefits on a balance transfer loan?

Certainly! When opting for a balance transfer loan, you remain
eligible
for tax benefits on both the principal and interest portions of
the
loan, in accordance with the provisions of the Income Tax Act, 1961.
However, it's crucial to note that the specific benefits may vary
from
year to year.

[H2]
Can I avail a top loan in addition to a balance transfer loan from HDFC
Bank?

Certainly! In addition to facilitating housing loan balance
transfer, HDFC Bank offers the option for borrowers to
avail
an extra top-up loan, allowing them to access funds of up to ₹50
lakhs. This means that beyond transferring the outstanding
balance
of an existing home loan to HDFC, borrowers have the
opportunity to
secure additional financial assistance in the form of a
top-up loan
subject to the valuation of the property. A top-up loan essentially
extends the borrowing limit, providing the flexibility to
address
various financial needs such as home renovations, education
expenses, or any other substantial financial requirements. The
combined
offering of a balance transfer loan and a top-up
loan helps
the borrowers, in catering to diverse monetary needs within the
ambit of
a single loan arrangement with HDFC Bank.

[H2]
What are the documents required for a Balance transfer loan?

You can find a checklist of documents, home loan transfer interest
rate,
home loan BT process, fees charges for a balance transfer loan
on https://www.hdfc.com/checklist/documents-charges

[H2]
Can borrower of an under construction property avail a balance transfer
loan
from HDFC Bank?

Certainly! HDFC Bank extends the option of a housing loan
balance
transfer to customers who have purchased an under-construction
property. This means that individuals who are in the process of
acquiring a property that is still under construction can choose to
transfer the outstanding balance of their existing home loan to
HDFC.

[H3] Terms &
Conditions

[H3] Security
Security of the loan would generally be security interest on the property
being
financed and / or any other collateral / interim security as may be required
by
HDFC Bank.
[H3] Other Conditions
All the information contained herein above is for awareness and customer
convenience and is intended to only act as an indicative guide about HDFC
Bank’s
products and services. For detailed information about our products and
services,
kindly visit the nearest HDFC Bank branch.
Click here for the Most
Important
Terms and Conditions pertaining to your loan.

18002663345
02262992999

[H3] Head Office

HDFC Sales Pvt Ltd,
1st Floor Ramon House,
169, HT Parekh Marg,
Churchgate, Mumbai,
Maharashtra 400020
Timing: 9.30am to 6.00pm (Mon to Fri)
Toll Free: 1800 266 3345
Boardline: 022 61552400
Product Inquiry: 02262992999
Email: customersupport@hdfcsales.com
CIN: U65920MH2004PTC144182
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