Which bank has the lowest home loan rate in June 2026?

Bank of Baroda, Bank of India, and Central Bank of India are offering starting rates as low as 7.10% to 7.20% for eligible borrowers with high CIBIL scores. SBI and Canara Bank also have very competitive rates around 7.15% to 7.25%.

Are home loan rates expected to go down further in 2026?

RBI has kept the repo rate stable in recent months. If inflation remains under control, some experts expect a small rate cut by the end of 2026. But nothing is guaranteed. If you find a good rate now, it is better to lock it.

What is the difference between floating and fixed rate home loan?

A floating rate changes with the market. Your EMI can go up or down. A fixed rate stays the same for the entire loan. Floating rates are usually lower than fixed rates by 1.5% to 2%.

Can I get a home loan if my CIBIL score is 650?

Yes, but you will get a higher interest rate. Some banks may ask for a co-applicant or a larger down payment. Try to improve your score to 750+ before applying for the best rates.

What is the processing fee for Central Bank of India home loan?

Central Bank of India charges 0.35% of the loan amount. The minimum fee is ₹1,500 and the maximum is ₹10,000, plus 18% GST. This is one of the lowest minimum fees in the market.

Does RBI allow zero processing fee home loans?

RBI does not ban processing fees. But many banks offer zero processing fee during special promotions, especially in festival seasons. You can ask the bank to waive the fee, especially for large loan amounts.

How much home loan can I get on a ₹50,000 monthly salary?

Most banks approve a loan amount where your EMI does not exceed 40% to 50% of your monthly income. For a ₹50,000 salary, with a 7.5% interest rate and 20-year tenure, you can get approximately ₹35 lakh to ₹40 lakh.

What are the documents required for home loan balance transfer?

You need your existing loan statement, repayment track record, property documents already submitted to the current bank, KYC documents, and a no-objection certificate from your existing bank.

Is it better to take a home loan for 20 years or 30 years?

A 30-year loan gives you lower EMI but you pay more total interest. A 20-year loan has higher EMI but saves on interest. Choose based on your monthly cash flow. You can always prepay later without charges on floating rate loans.

Can women get lower home loan interest rates?

Some banks offer slightly lower rates for women borrowers, usually 0.05% to 0.10% lower. Many banks also have lower processing fees for women. Always mention if a woman is the primary applicant or co-owner to check for these benefits.

Is Central Bank of India a good choice for home loan?

Yes. It is a government bank with competitive rates. Their starting rate of 7.10% is among the lowest. Their minimum processing fee of ₹1,500 is also very affordable for small loan amounts.

How long does it take for a home loan to get approved?

It depends on the bank and your documents. SBI and HDFC usually take 5 to 10 working days if all papers are in order. Central Bank of India and other public sector banks may take 10 to 15 working days.

Can I apply for a home loan online without visiting the branch?

Yes, most banks including SBI, HDFC, ICICI, and Central Bank of India allow online applications. You can upload documents digitally. However, some banks may ask for physical signatures later.

What is the maximum home loan tenure allowed by banks?

Most banks offer a maximum tenure of 30 years. For senior citizens, the tenure may be shorter. Central Bank of India allows up to 30 years for eligible applicants.

Does RBI have any rule about home loan insurance?

RBI does not make insurance compulsory. But banks strongly recommend it. If you do not take insurance, your family will have to repay the loan if something happens to you. It is your choice.

HDFC Bank Home Loan Interest Rate July 2026 – Check 7.75% p.a. Eligibility & EMI

Key Highlights – HDFC Bank Home Loan at a Glance
Latest HDFC Bank Home Loan Interest Rates (July 2026)
Types of HDFC Home Loans
Floating vs TruFixed Interest Rate – What Should You Choose?
HDFC Home Loan Eligibility
Documents Required for HDFC Home Loan
Processing Fees and Other Charges
EMI Calculator Guide
Benefits of Choosing HDFC Bank Home Loan
Pros and Cons of HDFC Bank Home Loan
HDFC Bank vs Other Banks – Interest Rate Comparison
How to Apply for HDFC Home Loan Online
Tips to Get the Lowest HDFC Home Loan Interest Rate
Common Reasons for HDFC Home Loan Rejection
Home Loan Tax Benefits
Frequently Asked Questions (FAQs)
Final Verdict

Buying a home is a big step in anyone's life. And the interest rate on your home loan can make a huge difference to your monthly budget. If you are considering HDFC Bank for your home loan, you are in the right place.

HDFC Bank is one of India's largest private sector banks and has helped millions of families buy their dream homes. They offer a variety of loan products, competitive interest rates, and flexible repayment options.

In this guide, I will walk you through everything you need to know about HDFC Bank home loan interest rates in July 2026. We will look at current rates, eligibility criteria, required documents, processing fees, EMI calculations, and compare HDFC with other top banks.

Important: Interest rates change frequently based on RBI policy and bank decisions. The rates mentioned here are based on information available as of July 2026. Always check the latest rates directly with HDFC Bank before applying.

Key Highlights – HDFC Bank Home Loan at a Glance

Feature	Details
Interest Rate	Starting from 7.75% p.a. onwards
Loan Tenure	Up to 30 years
Maximum Loan Amount	Up to ₹10 crore (based on eligibility)
Processing Fee	Up to 0.50% of loan amount or ₹4,000 (whichever is higher) + GST
Prepayment Charges	Nil for floating-rate loans (individual borrowers)
Loan-to-Value (LTV)	Up to 90% of property value
Minimum CIBIL Score	750+ preferred for best rates
Special Concession	0.05% lower rate for women borrowers

Latest HDFC Bank Home Loan Interest Rates (July 2026)

As of July 2026, HDFC Bank home loan interest rates start from 7.75% per annum . However, the actual rate you get depends on several factors including your CIBIL score, loan amount, employment type, and the specific loan scheme you choose.

How HDFC Bank Determines Your Rate

HDFC Bank's home loan rates are linked to the MCLR (Marginal Cost of Funds based Lending Rate). Your final interest rate is calculated as:

Your Rate = MCLR + Bank's Spread (typically 0.40% – 0.95%)

Current MCLR Rates (Effective June 8, 2026)

Tenure	MCLR Rate (% p.a.)
Overnight	8.10%
1 Month	8.05%
3 Months	8.20%
6 Months	8.35%
1 Year	8.40%
2 Years	8.55%
3 Years	8.65%

The 1-year MCLR at 8.40% is the most commonly used benchmark for home loans .

Interest Rates by Borrower Profile and Loan Amount

Borrower Category	Loan Amount	Interest Rate	Processing Fee
Salaried (Credit Score 750+)	Up to ₹30 lakh	7.90%	0.50% or ₹3,000 (higher)
Salaried (Credit Score 750+)	₹30-75 lakh	8.05%	0.50% or ₹3,000 (higher)
Salaried (Credit Score 750+)	Above ₹75 lakh	8.15%	0.50% or ₹3,000 (higher)
Self-employed (Credit Score 750+)	Up to ₹30 lakh	8.10%	0.50% or ₹3,000 (higher)
Self-employed (Credit Score 750+)	₹30-75 lakh	8.25%	0.50% or ₹3,000 (higher)
Self-employed (Credit Score 750+)	Above ₹75 lakh	8.40%	0.50% or ₹3,000 (higher)
Women Borrowers	All amounts	0.05% discount	Same as above

Note: These rates are indicative. For the most current rates, visit the official HDFC Bank website or your nearest branch.

Types of HDFC Home Loans

HDFC Bank offers a range of home loan products to suit different needs.

1. Regular Home Loan

The standard home loan for purchasing, constructing, or renovating a residential property. Available to salaried individuals, self-employed professionals, and business owners.

2. HDFC TruFixed Home Loan

A hybrid product where your interest rate remains fixed for a specific period (say 2, 3, or 5 years) and then switches to a floating rate. This gives you the best of both worlds – stability initially and potential savings later.

3. HDFC TruHome Loan

A digital-first home loan with instant approval and minimal documentation. Designed for tech-savvy borrowers who want a quick, paperless process.

4. Plot Loan

For purchasing a residential plot. You can later use the same loan to construct your home.

5. Home Extension and Renovation Loan

Additional funding for expanding your existing home or renovating it.

6. Balance Transfer Loan

Transfer your existing home loan from another bank to HDFC for better rates and terms.

7. NRI Home Loan

Specialised home loan products for Non-Resident Indians looking to buy property in India.

8. Rural Housing Loan

For people in rural areas working in agriculture, horticulture, dairy farming, or plantations.

9. Top-Up Loan

Additional funds over your existing home loan for various purposes like education, marriage, or other expenses.

Floating vs TruFixed Interest Rate – What Should You Choose?

HDFC Bank offers both floating and TruFixed (hybrid) rate options. Here's how they compare:

Floating Rate Loans

Your interest rate changes when the MCLR changes. Most HDFC home loans are floating rate loans.

Pros:

Lower starting rates (starting from 7.75%)
Benefits when RBI reduces rates
No prepayment charges

Cons:

EMIs can go up if RBI raises rates
Monthly payments are less predictable

TruFixed (Hybrid) Loans

Your rate is fixed for a certain number of years and then converts to a floating rate.

Pros:

Predictable EMIs during the fixed period
Protects you from rate hikes initially

Cons:

Usually starts higher than floating rates
Prepayment charges may apply during the fixed period

What Most Borrowers Choose: Most home loan borrowers in India prefer floating rates because they start lower and the RBI's policy has generally been supportive. However, if you want certainty for your initial years, the TruFixed option is worth considering.

HDFC Home Loan Eligibility

Before you apply, it's important to understand if you qualify for an HDFC home loan. The bank looks at your age, income, employment stability, credit score, and property value.

Basic Eligibility Criteria

Parameter	Salaried	Self-Employed
Minimum Age	21 years	21 years
Maximum Age (at maturity)	65 years	65 years
Minimum Monthly Income	₹10,000 – ₹25,000	₹2 lakh per annum
Minimum Work/Business Experience	2 years	3-5 years
Minimum CIBIL Score	700+ (750+ preferred)	700+ (750+ preferred)
Nationality	Indian Resident	Indian Resident

Age and Tenure Relationship

Your age affects the maximum tenure you can get. Since the maximum age at loan maturity is 65 years:

If you are 35 years old, you can get a tenure of up to 30 years
If you are 45 years old, the maximum tenure would be 20 years
If you are 55 years old, you can only get up to 10 years

Income Requirements

For salaried applicants in metro cities, the minimum net monthly income should be around ₹25,000. This may be lower in non-metro areas.

For self-employed applicants, the bank looks at your annual income and business stability. Your business should have been operational for at least 3-5 years.

Co-Applicants

You can add a co-applicant (spouse, parents, or children) to increase your eligibility. The combined income of all applicants is considered.

Documents Required for HDFC Home Loan

Having your documents ready can speed up the loan approval process significantly.

For All Applicants (Common Documents)

KYC Documents (Any one for Identity):

Valid Passport
PAN Card (or Form 60)
Voter ID
Driving License
Aadhaar Card

Address Proof (Any one):

Aadhaar Card
Passport
Utility Bills (electricity, water, gas)
Voter ID

For Salaried Applicants

Income Documents:

Salary slips (last 3 months)
Form 16 / IT Returns (last 2 years)
Employment certificate
Bank statements showing salary credit (last 6 months)

For Self-Employed Applicants

Income Documents:

IT Returns (last 2-3 assessment years)
Audited Profit & Loss and Balance Sheet (last 2-3 years)
Business registration proof (GST, Shop Act, etc.)
Business and personal bank statements (last 6-12 months)

Property Documents

For New Home Purchase:

Copy of allotment letter / buyer agreement
Payment receipts to the developer

For Resale Home:

Title deeds with property chain documents
Sale agreement
Payment receipts to the seller

For Construction:

Title deeds of the plot
Approved building plan
Construction estimate from an architect

NRI Applicants – Additional Documents

Copy of valid passport and visa/work permit
Employment contract or salary certificate
Overseas bank statements (last 6 months)
Power of Attorney (if applicable)
Credit Bureau Report (country of residence)

Processing Fees and Other Charges

HDFC Bank charges a processing fee to cover the cost of evaluating your application. Here's a breakdown of the fees:

Processing Fee Structure

Applicant Category	Processing Fee
Salaried / Self-Employed Professionals	Up to 0.50% or ₹4,000 (whichever is higher) + GST
Self-Employed Non-Professionals	Up to 1.50% or ₹5,000 (whichever is higher) + GST
NRI Loans	Up to 1.50% or ₹4,000 (whichever is higher) + GST
Value Plus Loans	Up to 1.50% or ₹5,000 (whichever is higher) + GST
HDFC Reach Scheme	Up to 2.00% of loan amount + GST

Other Charges

Charge Type	Details
Prepayment/Foreclosure Charges	Nil for floating-rate loans (individual borrowers)
Fixed-Rate Prepayment	2% + applicable taxes (during fixed period)
Late Payment Penalty	Up to 18% p.a. on overdue amount
Stamp Duty	As per state government regulations
Legal & Technical Valuation	₹2,000 – ₹10,000 (varies by property)
CERSAI Charges	At actual (up to ₹100)
Payment Return Charges	₹450 per instance

EMI Calculator Guide

Your EMI depends on three factors:

Loan Amount – How much you borrow
Interest Rate – The rate offered to you
Tenure – The repayment period

Estimated EMI Table (at 7.75% interest rate, for reference)

Loan Amount	10 Years	15 Years	20 Years	25 Years	30 Years
₹10 Lakh	₹12,069	₹9,413	₹8,152	₹7,380	₹6,990
₹20 Lakh	₹24,138	₹18,826	₹16,304	₹14,760	₹13,980
₹30 Lakh	₹36,207	₹28,239	₹24,456	₹22,140	₹20,970
₹50 Lakh	₹60,345	₹47,065	₹40,760	₹36,900	₹34,950
₹75 Lakh	₹90,518	₹70,598	₹61,140	₹55,350	₹52,425
₹1 Crore	₹1,20,690	₹94,130	₹81,520	₹73,800	₹69,900

Note: These are approximate figures. Actual EMI may vary based on the exact rate offered to you.

How to Use the EMI Calculator

Visit HDFC Bank's official website or BankerMart's EMI Calculator
Enter the loan amount you want
Select your preferred tenure (up to 30 years)
Enter the interest rate offered to you
The calculator will show your monthly EMI, total interest, and total amount payable

Pro Tip

A small difference in interest rate can save you a lot. For a ₹50 lakh loan over 20 years:

At 7.75%: EMI ≈ ₹40,760, Total Interest ≈ ₹47.8 lakh
At 8.25%: EMI ≈ ₹42,500, Total Interest ≈ ₹52 lakh

That's a saving of over ₹4 lakh!

Benefits of Choosing HDFC Bank Home Loan

1. Competitive Interest Rates

Starting from 7.75% p.a., HDFC Bank offers some of the most competitive rates in the market.

2. Long Repayment Tenure

Repay your loan over up to 30 years, making EMIs manageable.

3. No Prepayment Charges

You can prepay or foreclose your floating-rate home loan without any penalty .

4. TruFixed Option

A hybrid product that combines the benefits of fixed and floating rates.

5. Digital-First Approach

Quick online application and instant approvals through the HDFC Bank website and app.

6. Women Borrower Concession

Women get a 0.05% lower interest rate .

7. Balance Transfer Facility

Easily transfer your existing home loan from another bank to HDFC.

8. Large Network

HDFC Bank has thousands of branches across India for easy access.

9. Top-Up Loans

Additional funding over your existing loan without fresh documentation.

10. Transparent Process

Clear fee structure with no hidden charges.

Pros and Cons of HDFC Bank Home Loan

Pros

Advantage	Details
✅ Competitive Rates	Starting from 7.75% p.a. – one of the lowest in the market
✅ No Prepayment Charges	Full waiver on floating-rate loans
✅ Long Tenure	Up to 30 years for comfortable EMIs
✅ Women Concession	0.05% lower rate
✅ Digital Process	Quick online application and approval
✅ TruFixed Option	Hybrid product for rate stability
✅ Balance Transfer	Easy transfer from other banks

Cons

Disadvantage	Details
❌ Processing Fee	Up to 0.50% (or ₹4,000) + GST
❌ Floating Rate Risk	EMIs can go up if RBI raises rates
❌ Strict Eligibility	CIBIL score of 700+ (preferably 750+) needed
❌ Documentation	Extensive paperwork required
❌ Processing Time	Can be slower compared to some digital-first lenders

HDFC Bank vs Other Banks – Interest Rate Comparison

Bank	Interest Rate (p.a.)	Processing Fee	Tenure
HDFC Bank	7.75% onwards	0.50% or ₹4,000 + GST	Up to 30 years
SBI	7.25% onwards	0.35% (₹2,000-₹10,000) + GST	Up to 30 years
ICICI Bank	8.75% onwards	Varies	Up to 30 years
Axis Bank	8.75% onwards	Varies	Up to 30 years
Bank of Baroda	8.15% onwards	Varies	Up to 30 years
Punjab National Bank	8.50% onwards	Varies	Up to 30 years
Canara Bank	8.15% onwards	Varies	Up to 30 years
Union Bank of India	8.60% onwards	Varies	Up to 30 years
Bank of India	9.45% onwards	Varies	Up to 30 years
Kotak Mahindra Bank	8.65% onwards	Varies	Up to 30 years

Verdict on Comparison

HDFC Bank offers competitive rates starting at 7.75% p.a. . While SBI offers slightly lower rates starting at 7.25%, HDFC's digital-first approach, TruFixed option, and excellent customer service make it a strong contender. Private banks like ICICI and Axis typically start at 8.75%, making HDFC more competitive in the private banking space.

How to Apply for HDFC Home Loan Online

Step-by-Step Online Application Process

Step 1: Visit the Official Website
Go to HDFC Bank's official website (hdfcbank.com) or download the HDFC Bank mobile app.

Step 2: Navigate to Home Loans
Click on 'Loans' → 'Home Loan' → 'Apply Now'.

Step 3: Fill in Personal Details
Enter your name, date of birth, PAN, Aadhaar, and contact information.

Step 4: Provide Income & Employment Details
Fill in your employment type, monthly income, company details, and work experience.

Step 5: Enter Loan Details
Specify the loan amount, tenure, and property details.

Step 6: Upload Documents
Upload scanned copies of identity proof, address proof, income documents, and property documents.

Step 7: Review and Submit
Review all details carefully and submit your application.

Step 8: Track Application
Use your application reference number to track status online.

Offline Application Process

Step 1: Visit the Nearest HDFC Bank Branch
Visit any HDFC Bank branch that offers home loan services.

Step 2: Meet the Loan Officer
Discuss your requirements and get guidance on the process.

Step 3: Fill the Application Form
Complete the physical application form with all details.

Step 4: Submit Documents
Submit self-attested copies of all required documents.

Step 5: Follow Up
Stay in touch with the branch for updates on your application.

Tips to Get the Lowest HDFC Home Loan Interest Rate

1. Maintain a High CIBIL Score

A score of 750 or above significantly improves your chances of getting the best rate. Pay your credit card bills and loan EMIs on time.

2. Apply with a Co-Applicant

Adding a co-applicant with a good credit profile can help.

3. Choose the Right Loan Product

The regular home loan often has the most competitive rate. However, the TruFixed option may be better if you want stability.

4. Women Borrowers Get a Concession

If you are a woman, you are eligible for a 0.05% lower interest rate.

5. Choose a Shorter Tenure

Shorter tenures often attract lower rates (though EMIs will be higher).

6. Maintain a Good Relationship with HDFC

Existing HDFC customers with a good banking history may get preferential rates.

7. Compare and Negotiate

Don't accept the first offer. Compare rates from other banks and negotiate with HDFC.

8. Opt for Balance Transfer

If you have a loan with another bank at a higher rate, transferring to HDFC might get you a better rate.

Common Reasons for HDFC Home Loan Rejection

1. Low CIBIL Score

A score below 700 significantly reduces approval chances.

2. Insufficient Income

Your income may not be sufficient to service the EMI based on the bank's norms.

3. Existing Liabilities

Too many existing loans or credit card debts affect your repayment capacity.

4. Unstable Employment

Frequent job changes or less than 2 years of work experience.

5. Unstable Business

For self-employed applicants, less than 3-5 years of business continuity.

6. Property Issues

Legal disputes, incomplete title, or non-approved construction.

7. Age Factor

Applicants close to the maximum age limit (65 years) may get shorter tenures.

8. Incomplete Documentation

Missing or incorrect documents can delay or derail your application.

Home Loan Tax Benefits

HDFC home loans offer significant tax benefits under the Income Tax Act:

Section 80C – Principal Repayment

Deduction up to ₹1.5 lakh per financial year
Covers principal repayment of home loan

Section 24(b) – Interest Payment

Deduction up to ₹2 lakh per financial year for self-occupied property
No upper limit for let-out properties

Section 80EE – First-Time Home Buyers

Additional deduction up to ₹50,000 on interest
Conditions apply (loan amount ₹35 lakh, property value ₹50 lakh)

Section 80EEA – Affordable Housing

Additional deduction up to ₹1.5 lakh on interest
For first-time home buyers with stamp duty value up to ₹45 lakh

Joint Owners

Co-owners can claim tax benefits in proportion to their ownership share.

Frequently Asked Questions (FAQs)

1. What is the HDFC home loan interest rate in July 2026?

HDFC home loan interest rates start from 7.75% per annum as of July 2026 . The exact rate depends on your CIBIL score, loan amount, and borrower profile.

2. Who is eligible for an HDFC home loan?

Indian residents and NRIs aged between 21 and 65 years with stable income and good repayment capacity are eligible .

3. What is the minimum CIBIL score required for HDFC home loan?

HDFC prefers a CIBIL score of 700 or above, with 750+ recommended for the best rates .

4. What is the processing fee for HDFC home loan?

The processing fee is up to 0.50% of the loan amount or ₹4,000 (whichever is higher) + GST for salaried and self-employed professionals .

5. How can I apply for an HDFC home loan?

You can apply online through HDFC Bank's website or mobile app, or visit your nearest HDFC Bank branch.

6. What is the maximum tenure for an HDFC home loan?

The maximum repayment tenure is up to 30 years .

7. Are there any prepayment charges on HDFC home loans?

No, there are no prepayment or foreclosure charges on floating-rate home loans for individual borrowers .

8. What is HDFC TruFixed home loan?

It's a hybrid product where your interest rate remains fixed for a certain period (2, 3, or 5 years) and then switches to a floating rate.

9. Do women get any concession on HDFC home loans?

Yes, women borrowers are eligible for a 0.05% (5 bps) interest rate concession .

10. What documents are required for an HDFC home loan?

Identity proof, address proof, income documents (salary slips/ITR), bank statements, and property documents are required .

11. Can NRIs apply for an HDFC home loan?

Yes, HDFC Bank offers specialised NRI home loan products with specific documentation requirements .

12. What is the loan-to-value (LTV) ratio for HDFC home loans?

HDFC offers LTV of up to 90% of the property value (subject to eligibility).

13. How is interest calculated on HDFC home loans?

Interest is calculated on a daily reducing balance method, which lowers the total interest outgo.

14. What is the maximum loan amount I can get from HDFC?

The maximum loan amount can go up to ₹10 crore based on your eligibility and property value .

15. Can I transfer my existing home loan to HDFC?

Yes, HDFC offers a balance transfer facility where you can transfer your loan from another bank.

16. What is the EMI for a ₹50 lakh HDFC home loan?

At 7.75% interest for 20 years, the EMI would be approximately ₹40,760 per month.

17. What are the tax benefits on HDFC home loans?

You can claim deductions under Section 80C (up to ₹1.5 lakh for principal) and Section 24(b) (up to ₹2 lakh for interest).

18. Is there a top-up loan facility available?

Yes, HDFC offers top-up loans over your existing home loan.

19. Can senior citizens apply for an HDFC home loan?

Yes, but the repayment tenure must end by age 65, and a co-applicant is usually required.

20. What is the difference between floating and TruFixed rates?

Floating rates change with market conditions (MCLR) and start lower, while TruFixed rates are fixed for a specified period before switching to floating.

21. How long does HDFC take to approve a home loan?

Approval time varies but typically takes 7-15 working days depending on document completeness and verification.

22. What is the minimum income required for an HDFC home loan?

For salaried applicants, the minimum is around ₹25,000 per month. For self-employed, it's around ₹2 lakh per annum .

23. Does HDFC offer home loans for under-construction properties?

Yes, HDFC offers loans for under-construction properties with disbursement linked to construction progress.

24. Can I get a joint home loan?

Yes, you can apply with a co-applicant (spouse, parents, or children).

25. What happens if I miss an EMI payment?

Late payment penalties apply (up to 18% p.a.), and it can negatively impact your CIBIL score .

26. Is property insurance mandatory for HDFC home loans?

Property insurance is recommended and often required by the bank to protect the asset.

27. What is the MCLR and why is it important?

MCLR is the Marginal Cost of Funds-based Lending Rate. It's the benchmark rate for HDFC's floating-rate loans. Your interest rate = MCLR + spread .

28. Can I get a home loan for a plot purchase?

Yes, HDFC offers plot loans for purchasing residential land .

29. What is the current HDFC Bank 1-year MCLR?

As of June 8, 2026, the 1-year MCLR is 8.40% .

30. How can I check my HDFC home loan application status?

You can track your application online through HDFC Bank's website or mobile app using your reference number.

31. Are there any special schemes for NRIs?

Yes, HDFC offers specialised NRI home loan products with tailored eligibility and documentation .

32. What is the HDFC TruHome loan?

It's a digital-first home loan product with instant approval and minimal documentation.

33. Can I prepay my HDFC home loan partially?

Yes, partial prepayment is allowed without any charges on floating-rate loans.

34. What is the maximum age for HDFC home loan applicants?

The maximum age at loan maturity is 65 years .

35. What are the current HDFC MCLR rates?

As of June 8, 2026: Overnight 8.10%, 1 Month 8.05%, 3 Months 8.20%, 6 Months 8.35%, 1 Year 8.40%, 2 Years 8.55%, 3 Years 8.65% .

36. Does HDFC offer home loans for renovation purposes?

Yes, home extension and renovation loans are available .

Final Verdict

HDFC Bank remains one of the most trusted and competitive home loan providers in India. With interest rates starting from 7.75% p.a. , a maximum tenure of 30 years, zero prepayment charges on floating loans, and a range of products for different borrower profiles, HDFC offers a compelling package.

The bank's TruFixed option is particularly attractive for borrowers who want rate stability in the initial years. The 0.05% concession for women borrowers is another advantage.

HDFC's digital-first approach makes the application process smooth and convenient, while its large branch network ensures help is always nearby.

However, interest rates are dynamic and subject to change based on RBI policy and bank decisions. The rates mentioned here are based on information available in July 2026 and should be verified with HDFC Bank before applying.