HDFC Bank Home Loan Balance Transfer Highlights |
|
Interest Rates |
8.50% p.a. onwards |
Tenure | Up to 30 years |
LTV Ratio | |
Up to Rs 30 lakh | Up to 90% of property cost |
Rs 30.01 lakh-Rs 75 lakh | Up to 80% of property cost |
Above Rs 75 lakh | Up to 75% of property cost |
Processing Fees | For Salaried/Self-Employed Applicants:
Up to 0.50% of the loan amount or Rs 3,000 plus taxes, whichever is higher For Self-Employed Non-Professionals: Up to 1.50% of the loan amount or Rs 4,500 plus taxes, whichever is higher |
Note: Rates as of 22nd September 2023

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Table of Contents
HDFC Bank Home Loan Balance Transfer Interest Rates
Special Home Loan Balance Transfer Rates (For Salaried/Self-employed professionals/Self-employed non-professionals)
Loan Slab | Interest Rate (p.a.) |
All loan amounts | 8.50%-9.15% |
Standard Home Loan Balance Transfer Rates (Floating)
(For Salaried/Self-employed professionals/Self-employed non-professionals)
Loan Slab | Interest Rate (p.a.) |
All loan amounts | 8.75%-9.40% |
Also know the HDFC Bank Home Loan interest rates of other home loan schemes

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HDFC Bank Home Loan Balance Transfer Fees and Charges
Processing Fee | For Salaried/Self-Employed Applicants
Up to 0.50% of the loan amount or Rs 3,000 plus taxes, whichever is higher Minimum Retention Amount: 50% of applicable fees or Rs 3,000 plus taxes, whichever is higher For Self-Employed Non-Professionals Up to 1.50% of the loan amount or Rs 4,500 plus taxes, whichever is higher Minimum Retention Amount: 50% of applicable fees or Rs 4,500 plus taxes, whichever is higher |
Check Dishonour Charges | Rs 300 |
List of Documents | Up to Rs 500 |
PDC Swap | Up to Rs 500 |
Documents Photocopy | Up to Rs 500 |
Disbursement Cheque Cancellation Charge Post Disbursement | Up to Rs 500 |
Reversal of provisional prepayment under HDFC Bank Maxvantage scheme | Rs 250 + taxes |
Re-appraisal of loan after 6 months from sanction | Up to Rs 2,000 + taxes |
Also know about HDFC Bank Home Loan Processing Fees levied on other home loan schemes

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Eligibility Criteria for HDFC Bank Home Loan Balance Transfer
- Age: 21-65 years
- Profession: Salaried applicants/Self-Employed Professionals (Doctors, lawyers, architects, CAs, CS, Engineer, Consultant, etc.)/Self-Employed Non-Professionals (Commission Agent, Trader, Contractor, etc.)
- Gender: All
- Nationality: Indian Resident
Know more about HDFC Bank Home Loan Eligibility
Documents Required for HDFC Bank Home Loan Balance Transfer
For Salaried Applicants
ID Proof and Address Proof
- Driving License
- Voter ID
- PAN Card
- Passport
Income Proof
- Salary Slips for last 3 months
- Latest ITR and Form-16
- Bank Statement for past 6 months showing salary credits
Documents for HDFC Bank Home Loan Balance Transfer
- Xerox of property documents
- A letter from the existing lenders on their letterhead mentioning the list of property documents held by them
- A letter on the letterhead of the existing financial institution stating the current outstanding balance
Other Documents
- Processing Fee cheque favoring HDFC Bank Ltd.
- Bank statement for last 6 months showing the repayment of ongoing loans
- Passport size photograph attached on the application form with signatures across
- Employment Contract/ Appointment Letter if the current employer is 1 year old

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For Self-Employed Applicants
Photo ID and Residence Proof
- PAN Card
- Voter ID
- Passport
- Driving License
Income Proof
- ITR along with income computation for the last 3 years (for individual and business entity attested by a CA)
- Balance Sheet for last 3 years and profit and loss account statement with annexure/schedules (for business entity and individual attested by CA)
- Savings account statement of individual and current account statement of business entity for past 6 months
Documents for Balance Transfer
- Photocopy of property documents
- A letter on the letterhead of the existing lender stating the list of property documents held by him
- A letter from the existing lending institution on their letterhead stating the latest outstanding balance
Other Documents for HDFC Bank Home Loan Transfer
- Partnership deed, if the business entity is a partnership firm
- Latest Form 26AS
- Business profile
- Details of an existing loan of the individual and business entity including outstanding amount, remaining tenure, installments, security, etc.
- Articles of Association and Memorandum of the company
- Application form with passport size photograph attached and signed across
- List of shareholders and directors with their individual shareholding certified by CA and CS in case the business entity is a company
- Processing Fee Cheque in favor of HDFC Bank Ltd.
Know the HDFC Bank Home Loan Documentation required for other schemes