HDFC Top Up Loan Highlights |
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Interest Rates | 8.60% – 9.10% p.a. |
Tenure | Up to 15 years |
Loan Amount | Up to Rs 50 lakh |
Processing Fees |
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Note: Rates as of 17th May 2023
Table of Contents
HDFC Top Up Loan Interest Rates
HDFC Home Loan Interest rates for Top Up Loan ranges between 8.60% and 9.10% p.a. The detailed breakup of the interest rates for HDFC Top Up Loan are given below:
Standard Top Up Loan Rates
Particulars | Interest Rate (% p.a.) |
Top Up Loan for Existing Customers | 8.95 – 9.10 |
Loan Slab (Simultaneous Loans)
Particulars | Interest Rate (% p.a.) |
For all loan amounts | 8.60 – 9.10 |

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HDFC Top Up Loan Amount
Some of the main conditions related to the HDFC Top Up Loan amount are as follows:
- The maximum top up loan that a borrower can avail of is Rs 50 lakh or the originally sanctioned loan amount (of all their home loans), whichever is lower.
- The top up loan component along with the cumulative outstanding loans should not exceed the overall cap of 80% of the market value of mortgaged property (for cumulative exposure of up to Rs 75 lakh) and 75% of the market value of mortgaged property (for cumulative exposure of more than Rs 75 lakh).
HDFC Top Up Loan Tenure
- The maximum tenure for the top up loan is 15 years.
- The loan tenure for HDFC Home Loan Top Up is dependent on factors like borrower’s profile, age of borrower (at loan maturity), age of property (at loan maturity), repayment scheme and any other terms applicable based on the HDFC rules and regulations.

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Fees and Charges for HDFC Home Loan Top Up
The processing fees and other charges for availing HDFC Top Up Home Loans are as follows:
Processing Charges
Particulars | Rates |
Processing Fees |
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Prepayment Charges
Particulars | Rates |
Combination Rate Home Loan (TruFixed) and Adjustable Rate Loans (Floating) during applicability period of variable interest rate | No prepayment charges (for loans sanctioned to individual borrowers) on part or full repayments apart from when loan is sanctioned for business purposes |
Combination Rate Home Loan (TruFixed) and Fixed Rate Loans during applicability period of fixed interest rate | 2% plus statutory levies/applicable taxes on part or full repayments (except when repayment is made through own source*) |
*Own Source means any source other than borrowing from a housing finance company, non-banking financial company, bank or financial institution.

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Conversion Fees and Other Charges
Particulars | Rates |
Switching to lower rate in variable rate loans (extension/housing/ renovation) | Up to 0.50% of principal outstanding and undisbursed amount at the time of conversion or a cap of Rs 50,000 (plus taxes) whichever is lower |
Switching from fixed rate loan to variable rate loan (extension/housing/renovation) | Up to 0.50% of principal outstanding and undisbursed amount at the time of conversion or a cap of Rs 50,000 (plus taxes) whichever is lower |
Switch from the combination rate home loan fixed rate to variable rate | 1.75% of principal outstanding and undisbursed amount (plus taxes) at the time of conversion |
Switch to lower rates (plot loans) | 0.50% of principal outstanding and undisbursed amount (plus taxes) at the time of conversion |
Switch to the lower rates (loans under the HDFC Reach scheme) – variable rate | Up to 1.50% of principal outstanding and undisbursed amount (plus statutory levies/applicable taxes) at the time of conversion |
Switch to the HDFC Maxvantage Scheme | 0.25% of outstanding loan amount plus statutory levies/applicable taxes at the time of conversion. |
Charges for delayed payments (of interest or EMI) | Additional interest up to 24% p.a. |
Cheque dishonour charges | Rs 300 |
List of documents | Up to Rs 500 |
Photocopy of documents | Up to Rs 500 |
Post dated cheque swaps | Up to Rs 500 |
Disbursement cheque cancellation charges post disbursement | Up to Rs 500 |
Re-appraisal of loans after 6 months from sanction | Up to Rs 2,000 (plus the applicable taxes) |
Reversal of the provisional prepayment under the HDFC Maxvantage Scheme | Rs 250 (plus statutory levies/applicable taxes) at the time of reversal |

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Eligibility for HDFC Top Up Loan
The eligibility criteria set for top up loans from HDFC is similar to the HDFC Home Loan Eligibility for other schemes. Following are the eligibility criteria set for availing HDFC Home Top Up Loans:
- Any Resident Indian with an existing home loan, a home extension loan or a house renovation loan can apply for the HDFC Top Up Loan.
- Age: 21 to 65 years
- A borrower can apply for the HDFC Home Loan Top Up Loan in the following situations:
- After 12 months of final disbursement of their existing home loan and upon completion/possession of existing financed property or,
- Based on the track record of last 12 months of refinancing of the top up loan from another institution, subject to completion/possession of the property.
Loan applicants who wish to avail HDFC top up loan can use the home loan EMI calculator to determine the optimum loan tenure and EMIs for their home loan top up based on their repayment capacity.

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Documentation Required for HDFC Top Up Loan
The documentation for top up loan from HDFC is very similar to the HDFC Home Loan documents required for other schemes. The list of documents needed for HDFC Home Top Up Loan are as follows:
Proof of Identity and Residence
- PAN Card or Form 60 (if loan applicant does not have PAN Card) – mandatory
- Any one of the following Officially Valid Documents (OVD) to establish the legal name and current address of individuals:
- Driving License
- Passport
- Election/Voter ID Card
- Job card issued by NREGA and duly signed by an officer of a state government
- Letter issued by National Population Register with details of name and address
- Proof of possession of Aadhaar number (should be obtained voluntarily)
Any document mentioned above is deemed to be an OVD even in case of change in the name after issuance provided it is supported by a marriage certificate, issued by a state government, or gazette notification indicating such a change of name.
- Property Documents – Title Deed along with previous chain of property documents (if not submitted in the existing loan)
Proof of Income (for salaried)
For Salaried
- Salary slips of last 3 months
- Latest Form-16 and Income tax returns
- Bank statement of last 6 months showing salary credits
For Self-Employed
- Income tax returns and computation of income for last 3 assessment years (of both business entity and individual attested by a CA)
- Balance Sheet and Profit & Loss Account statements of last 3 years with schedules/annexures (of both business entity and individual attested by a CA)
- Last 6 months current account statement of business entity and savings account statements of individual
Other Documents
For Salaried
- Appointment Letter/Employment Contract if current employment is less than 1 year old
- Bank statement of last 6 months showing repayment of any ongoing loans
- Passport size photographs of all applicant/co-applicants affixed on application form and signed across
- Cheque for processing fee in favour of ‘HDFC Ltd.’
- Proof of own contribution
- Declaration and documents stating end use of top up loan
For Self-Employed
- Business profile
- Latest form 26 AS
- List of shareholders and directors, with their individual shareholding certified by a CS/CA, if the business entity is a company
- Memorandum and Articles of Association of a company
- Partnership deed if business entity is a partnership firm
- Details of ongoing loans of individual and business entity including outstanding amount, balance loan term, security, instalments, purpose, etc.
- Passport size photographs of all applicants/co-applicants affixed on application form and signed across
- Cheque for processing fee in favour of ‘HDFC Ltd.’
- Declaration and documents stating end use of top up loan
- Proof of own contribution
All documents must be self-attested. The above list is indicative and HDFC Ltd. can ask for additional documents.

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