HDFC Loan Against Property Highlights | |
Interest Rate | 8.95% – 10.25% p.a. |
Loan Amount | For Existing Customers: Up to 60% of property value
For New Customers: Up to 50% of property value |
Tenure | Up to 15 years |
Processing Fee | Up to 1.50% of loan amount or Rs 4,500, whichever is higher |

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Table of Contents
HDFC Loan Against Property Interest Rates
Standard Interest Rates (Floating)
For Salaried/Self-employed Professionals/Self-employed Non-Professionals
Loan Slab | Interest Rates (p.a.) |
Self occupied residential property | 8.95%-9.95% |
Non-self occupied residential property | 9.25%-10.25% |
Commercial property | 9.25%-10.25% |
HDFC has not disclosed differential interest rates based on the credit score, occupation profile, etc. of its application. However, many lenders consider these factors while setting their Loan Against Property interest rates.

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Compare Interest Rates on Loan Against Property for Top Banks & HFCs
Name of the Lender | Interest Rate (% p.a.) |
State Bank of India | 10.60-11.30 |
Bank of Baroda | 10.85-16.50 |
PNB Housing Finance | 9.65-13.00 |
IDFC First Bank | 9.00-16.50 |
HDFC | 8.95-10.25 |
L&T Housing Finance | 9.50 onwards |
LIC Housing Finance | 9.50-11.55 |
Godrej Housing Finance | 9.75 onwards |
ICICI Bank | 10.85-12.50 |
Tata Capital | 10.10 onwards |
Bajaj Housing Finance | 8.50-18.00 |
Axis Bank | 9.90-10.35 |
Kotak Mahindra Bank | 9.15 onwards |

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HDFC Loan Against Property Fees and Charges
Processing Charges | 1.50% of loan amount or Rs 4,500, whichever is higher |
Prepayment charges | NIL |
Dishonour charges | Up to Rs 300 |
Documents list | Up to Rs 500 |
Disbursement cheque cancellation charge | Up to RS 500 |
PDC swap | Up to Rs 500 |
Documents photo copy | Up to Rs 500 |
Loan re-appraisal after 6 months of sanction | Up to Rs 2000 |

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Eligibility Criteria for HDFC Loan Against Property
- Age: 21-65 years
- Nationality: Indian residents
- Profession: Salaried/Self-Employed Professionals (doctors, lawyers, CAs, architect, consultant, engineer, CS, etc.)/Self-Employed Non-Professionals (Commission agent, trader, contractor, etc.)
HDFC may also consider the credit score, monthly income, work experience, etc. while evaluating the eligibility of Loan Against Property applicants.

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Documents Required for HDFC Loan Against Property
Below mentioned is the list of Loan Against Property documents required for availing HDFC LAP:
For Salaried
- ID/Residence Proof: PAN card, Aadhaar card, passport, voter ID, driving license
- Income Proof: Salary slips for last 3 months, salary account statement for last 6 months, Form 16/ITR
- Property Documents: Approved plan, no encumbrance proof, title deeds including previous property documents
- Other Documents: Employment contract/appointment letter, last 6 months’ bank account statement showing loan repayment history, processing fee cheque, own contribution proof, documents and declaration stating the end use of loan
For Self-Employed
- ID/Residence Proof: Aadhaar card, voter ID, driving license, PAN card
- Passport size photographs
- Income Proof: ITR for last 3 years along with income computation, balance sheet and profit and loss account statements for last 3 years with schedules/annexures, savings account statement and current account statement of business entity for past 6 months
- Property Documents: No encumbrance proof, approved plan, title deeds including previous property documents
- Business profile
- Form 26AS
- Memorandum and Article of Association
- List of shareholders and directors with the individual shareholding certified the CA/CS
- If the business entity is a partnership firm, partnership deed is required
- Details of current ongoing loans of the business entity and individuals
- Declaration and documents mentioning the end use of loan
- Processing fee cheque
- Own contribution proof