HDFC
offers housing loans in rural areas for:
*
Construction of Houses on plot owned by you
* Addition of more rooms or floors to your
existing house
* Renovation & Improvement of your house
* Purchase of a new house
* Refinance of Rural Plot loan
Features..!
For
Agriculturists:
If you
are a farmer / planter / horticulturist / dairy farmer etc. having your own
land and looking to have your own house, get in touch with HDFC.
Specially
Designed Housing Loans for Agriculturists.
* Loan
eligibility on the basis of land owned by you and the crops being cultivated.
*
Home Loan in residential area of your own village
* Loans
for buying house or flat in city of your choice
...and
many more.
For
Salaried and Self Employed..!
*
Everyone wants a place to call home, and then what better place than your
village or town to own one.
* Housing Loans for homes in rural areas for
Salaried persons
* Housing Loans for homes in rural areas for
Self Employed Businessmen or / Self Employed Professional.
Adjustable
Rate Home Loan..!
Loan
under Adjustable Rate is linked to HDFC's Retail Prime Lending Rate (RPLR). The
rate on your loan will be revised every three months from the date of first
disbursement, if there is a change in RPLR, the interest rate on your loan may
change.
However,
the EMI on the housing loan disbursed will not change #. If the interest rate
increases, the interest component in an EMI will increase & the principal
component will reduce resulting in an extension of term of the loan, and vice
versa when the interest rate decreases.
#
Conditions Apply
Interest
Rate..!
Wef : 1st
Oct 2012 RPLR: 16.50 %
Loan
Slabs Applicable Variable rates %
( Monthly
Rest Basis ) Basis : RPLR minus Spread
Upto and
including Rs 30 lacs 10.25 % to 10.75 % RPLR - 6.25 % to 5.75 %
Over Rs.
30 lacs 10.50 % to 11.50 % RPLR - 6.00 % to 5.00 %
The above
rates are subject to change without notice.
TruFixed
Home Loan
Under
this product the customer has the option to choose a Fixed Interest Rate Period
(FIRP) between 3 to 10 years .Post the fixed rate period the loan will
automatically convert to a variable rate product. The customer also has the
option, subject to our eligibility norms to take a complete fixed rate term
product for a fixed term of 3 to 10 years. Or, he / she can avail a long term
loan of 15 to 20 years with a part fixed and part floating for the entire tenor
of the loan.
The full
disbursement of the loan, irrespective of the fixed period chosen, shall have
been availed within the first 3 years from the date of first disbursement of
the loan. Post the fixed rate period the interest rates applicable on the loan
shall be the then applicable HDFC RPLR minus the spread as applicable currently
on the loan amount being availed under this product.
The
applicable interest rates in the Fixed Interest Rate Period (FIRP) are linked
to sanctioned loan amount & as per details given below:
Loan
Slabs Interest Rates during the Fixed Interest Rate Period (%)
Upto and
including Rs. 10 lacs 10.75 %
Rs.10.01
lacs to Rs.75 lacs 11.00 %
Over Rs.75
lacs 11.25%
Eligibility.!
The
product is available to salaried & self-employed customers subject to file
being logged in on or / before January 31st 2013 with an end date for the first
disbursement on or / before February 28th 2013.
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