| Loan Amount | Up to Rs. 50 lakh |
| Interest Rate | 8.50% onwards |
| Loan Tenure | Up to 15 years |
| Processing Fee | Up to 0.50% of loan amount + GST |
Note: The figures given in the table are indicative and are subject to change as per changes in HDFC Ltd.’s home loan schemes or RBI policy.
Avail HDFC Top Up Loan of up to Rs. 50 lakh at an attractive interest rate starting from 8.50% p.a. The loan is for existing home loan customers as well as new customers availing HDFC home loan balance transfer facility. The loan can be used for any personal or professional needs other than for speculative purposes.
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HDFC Top Up Loan Features & Benefits
- Attractive interest rate starting from 8.50%
- High loan value of up to Rs. 50 lakh
- Can be availed for any personal or business purpose
- Low processing fees
- No prepayment charges for floating rate
- Hassle free documentation
HDFC Top Up Loan Processing Fees & Charges
HDFC top up loan interest rates are variable in nature and linked to HDFC’s RPLR, which currently is 16.40%. The HDFC top up loan rate of interest shall fluctuate as per the movement in the RPLR.
The processing fee of HDFC top up loan is up to 0.50% of loan amount or ₹3,000 whichever is higher, plus applicable taxes.
HDFC Top Up Loan Interest Rate
Interest rates below are applicable for loans under Adjustable Rate Home Loan Scheme
| Loan Slab (Outstanding Home Loan + Top Up Loan) | Interest Rates (% p.a.) |
| Top Up Loan for Existing customers | 8.50% – 9.00% |
| Loan Slab – New Customer | Interest Rates (% p.a.) |
| Top Up for Simultaneous Loans | As per Home Loan Slabs |
*The above ROI/EMI is subject to change at the time of disbursement.
Interest rates below are applicable for loans under TruFixed Loan – 2 Year Fixed Rate Variant
| Loan Slab (Outstanding Home Loan + Top Up Loan) | Interest Rates (% p.a.) |
| Top Up Loan for Existing customers | 8.85% – 9.35% |
| Loan Slab – New Customer | Interest Rates (% p.a.) |
| Top Up for Simultaneous Loans | As per Home Loan Slabs |
*The above ROI/EMI is subject to change at the time of disbursement.
Check Also: HDFC Home Loan Interest rates
HDFC Top Up Loan Eligibility Criteria
- Customers with existing HDFC home loan, home improvement loan or home extension loan can apply for HDFC top up loan
- New customers availing HDFC balance transfer facility can also additionally apply for top up loan from HDFC Ltd.
- Customers can apply for HDFC top up loan after 12 months of final disbursement of their existing home loan and upon possession or completion of their existing financed property
Check Also: HDFC Home Loan Eligibility Criteria
HDFC Top Up Loan Documents Required
- Application form
- Passport size photograph
- Proof of Identity
- Proof of Residence
- Proof of Income
- Property related documents as required
- Own contribution proof
- Employment contract/appointment letter (in case current employment is less than year old)
- Last 6 months’ bank statements showing repayment of any ongoing loans
- Cheque for processing fee favouring HDFC Ltd.
Check Also: Home Loan Documents Required
HDFC Top Up Loan FAQs
1. What is the maximum loan amount that I can avail under HDFC Top Up Loan?
The maximum loan amount that you can avail under HDFC top up loan is equivalent to your originally sanctioned loan amount of all the home loans put together or up to Rs. 50 lakh, whichever is lower. The loan amount sanctioned is further subject to cumulative outstanding loans plus the top up being offered not exceeding an overall cap of 80% for cumulative exposure up to Rs. 75 lakh and 75% if the cumulative exposure is over Rs. 75 lakh of market value of the mortgaged property as assessed by HDFC Ltd.
2. What is the maximum repayment period for HDFC Top Up Loan?
The maximum loan tenure of HDFC top up loan is of up to 15 years or till your retirement age, whichever is lower. The tenure of the loan is further dependent on the customer’s profile, age at loan maturity, age of property at loan maturity, etc.
3. What is the security required to avail HDFC Top Up Loan?
Security of the loan would generally be security interest on the property being financed by HDFC Ltd. and/or any other collateral/interim security as may be required by HDFC.
4. Can I avail HDFC top up loan along with HDFC balance transfer loan?
Yes, you can avail an additional top up loan of up to Rs. 50 lakh along with a balance transfer loan from HDFC Ltd.
