10 Lakh HDFC Home Loan

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The HDFC Bank 10 Lakh home loan is available for housing and non-housing purposes. One of the most reliable banks in India, HDFC’s loans are widely known for offering easy repayment options to their customers. An HDFC home loan of 10 lakh can be comfortably repaid in Equated Monthly Instalments (EMIs) in as many as 30 years.

Here are the details of EMIs for 10 lakh home loans of HDFC Bank for 10 and 20 years. The interest rate and loan tenure are two significant factors influencing these EMIs. As the loan tenure increases, the monthly EMIs decrease. Keep reading to find the complete EMI schedule.

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Table of Content

1. 10 Lakh HDFC Bank Home Loan Highlights

2. 10 Lakh Home Loan EMIs for 10 Years at HDFC Bank

3. 10 Lakh Home Loan EMIs For 20 years at HDFC Bank

4. 10 Lakh HDFC Bank Home Loan Documents Required

5. 10 Lakh HDFC Bank Home Loan Eligibility Criteria

Read more
Written By
Amrita Sinha
Amrita Sinha
Amrita Sinha comes with a background in journalism and mass communication, drawing from her roots in journalism, she has found her voice in the world of finance. As an accomplished writer, she specialises in Financial Services, Mutual Funds, Loan Assessments, Banking & Loan Products. She has established herself as a reliable expert in the field, offering valuable advice to those looking to navigate the various aspects of personal finance.
Reviewed By
Amit Prakash Singh
Amit Prakash Singh
Co-Founder, Square Yards & Chief Business Officer, Urban Money
Amit Prakash Singh is the Chief Business Officer at Urban Money. With over nine years of experience at Square Capital, he has played a crucial role in establishing it as one of India's premier loan advisory services. Amit's deep financial insights and extensive knowledge have driven significant business growth and strategic advancements. He has successfully built and managed large sales teams, optimised costs, and created leaders within the industry. Amit's financial expertise and strategic vision are key to the ongoing success and expansion of Square Yards and Urban Money.

10 Lakh HDFC Bank Home Loan – Highlights 

An HDFC Bank 10 Lakh home loan offers the following features to its borrowers.

Maximum Loan Amount 10,00,000
Interest Rate (p.a.) 8.75% – 9.40% 
Maximum Loan Tenure 30 Years
Maximum Loan-to-Value Ratio (LTV) 90% of the property’s value

10 Lakh Home Loan EMIs for 10 Years at HDFC Bank

At the starting interest rate of ₹8.75% p.a., the following EMIs are to be paid if the loan is borrowers for 10 years.

Loan Amount 10 lakh
Rate of Interest (p.a.) 8.75 % 
Loan Tenure 10 Years
EMI ₹12,533

10 Lakh Home Loan EMIs For 20 years at HDFC Bank

Here is the EMI schedule if the loan is borrowed for 20 years at 8.75% p.a. HDFC Bank home loan interest rate for 10 lakhs.

Loan Amount 10 lakh
Rate of Interest (p.a.) 8.75 % 
Loan Tenure 20 Years
EMI ₹8,837

10 Lakh HDFC Bank Home Loan – Fees and Charges 

Apart from the HDFC Bank home loan interest rate of 10 lakhs, a borrower is required to pay the following additional charges:

  • A processing fee ranging from 0.50%- 2.00% of the loan amount plus GST
  • An 18% Goods and Services Tax (GST)
  • Other charges like incidental charges, stamp duty fees and third-party fees

10 Lakh HDFC Bank Home Loan – Documents Required 

HDFC Bank requires the following documents to verify a borrower’s application:

  1. Loan Application Form 
  2. PAN Card or Form 60 (Mandatory)
  3. KYC Documents: Aadhar Card, Utility Bills and other documents
  4. Income Documents: Last six months’ bank statements, three months’ recent salary slips, Latest tax returns, Balance Sheet and P&L account
  5. Property Documents: Allotment Letter, Title Deed, Sales Agreement, others

10 Lakh HDFC Bank Home Loan – Eligibility Criteria 

Here is the 10 Lakh home loan eligibility of HDFC Bank: 

  1. Eligible Applicants: Self-Employed/ Salaried Individuals/ Agriculturists
  2. Age Limit: 18-70 years
  3. Minimum Income: As specified by the bank
  4. Residential Status: Indian residents/ NRIs
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