Apply for HDFC Bank Loan Balance Transfer Back

Tenure Range

1 to 30 Years

Processing Fee

Up to 0.5% (max. ₹11,800)

Interest Rate Range

8.35% to 8.60%

Rs.

HDFC Bank Home Loan Balance Transfer Rate 2018

HDFC Bank Home Loan Balance Transfer Rate 2018
Interest Rate8.35% to 8.60%
Processing ChargesUp to 0.5% (max. ₹11,800)
Loan Tenure1 to 30 Years
Loan Amount5 Lakhs to 10 Crore
Cheque Bounce ChargesRs 500
Cheque / Instrument Swap ChargesRs 500
Prepayment or Foreclosure ChargesNo prepayments allowed in first 6 months
6 months - 5 years - 1.5% of original loan amount
5 years -10 years - 0.75% of original loan amount
> 10 years - No closure fee

Documents for HDFC Bank Loan Balance Transfer

Following documents are required for loan approval -

Know your customer (KYC) formalities:

  • Identity Proof - Passport / PAN card / Voter's Identity Card / Driving License / Identity Card with applicant's photograph issued by Government, Aadhar Card.
  • Address Proof - Passport / PAN card / Voter's Identity Card / Driving License / Latest Utility Bill (electricity, telephone, postpaid mobile phone, piped gas and water bill) / Property Tax Receipt / Bank or Post Office Savings Bank Account Statement / Letter of Allotment of Accommodation issued OR Leave and License agreements issued by Government to the employee
  • Signature Proof - Driving License / Passport / PAN Card / Bankers' Verification / Registered Sale Deed / Government Employee ID Card
Home Loan Balance Transfer
For the complete list of KYC documents
Proof of income
* Other documents:
- Employment Contract / Appointment Letter in case current employment is less than 1 year old
- Last 6 months' Bank Statements showing repayment of any ongoing loans
- Passport size photograph of all the applicants / co-applicants to be affixed on the Application Form and signed across
- Cheque for processing fee favouring ‘HDFC Ltd.’
* Documents for a Balance Transfer Loan:
- A letter on the letter head of the existing lender stating the list of property documents held by them
- Latest outstanding balance letter from your existing financial institution on their letter head
- Photocopy of the property documents (including Own Contribution Proof)