- published: 13 Oct 2017
- views: 49
Housing Development Finance Corporation Limited or HDFC is an Indian financial conglomerate based in Mumbai, India. It is a major provider of finance for housing in India. It also has a presence in banking, life and general insurance, asset management, venture capital and education loans.
It was founded in 1977 as the first specialised mortgage company in India. HDFC was promoted by the Industrial Credit and Investment Corporation of India.Hasmukhbhai Parekh played a key role in the foundation of this company.
In 2000, HDFC Asset Management company launched its mutual fund schemes. In the same year, IRDA granted registration to HDFC Standard Life Insurance, as the first private sector life insurance company in India.
The company provides housing finance to individuals and corporates for purchase/construction of residential houses. It is one of the largest providers of housing loans in India. In its Annual Report for financial year 2012-13, the company has disclosed that it has disbursed approx. INR 456,000 crores in 35 years of its existence for a total of 4.4 million housing units.
The average loan profile amounts to INR 2.18 million (US$ 35,160) which lasts for about 13 years and covers approx. 65% of actual property value.
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Diwali celebrations at Ayush’s home remind us of the times when emotions were more explicit and connections were stronger. On HDFC’s 40th anniversary, we celebrate this spirit of Diwali that shines bright in every corner of the 58 lakh homes we have been a part of.
Watch this video to know about the 6 easy steps to avail a home loan from us: 1) Home Loan Counselling 2) Home Loan Application 3) Home Loan Approval 4) Property Search & Verification 5) Submission of documents 6) Home Loan Disbursement
HDFC's Housing Loans Product Portfolio Watch this video to know about our diversified product portfolio of housing loan offerings catering to the Salaried, Self Employed, Resident and Non Resident Indians from varied industry segments and work profiles, to own a home anywhere in India. Our products include: 1. Home Loans for purchase of a new/resale home, plot of land and for construction of a home. 2. Balance Transfer of an existing Home Loans availed from another bank or financial institution. 3. HDFC Reach Home Loans. 4. Rural Housing Finance. 5. Home Improvement Loans. 6. Home Extension Loans. 7. Short Term Bridging Loans. 8. Top Up Loans.
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Watch this Video to know about who we are, what we do & how we do. This video is corporate video of Shubham Housing Development Finance Co. Ltd.
Deepak Parekh, Chairman, HDFC states that affordable housing is the biggest growth engine that India will have for the next 5 years.
Diwali is here and every Indian home will celebrate it in its own special way. Let's visit Khan Chacha’s house; where Diwali is about more than lighting up diyas - it is about lighting up lives. On HDFC’s 40th anniversary, we celebrate the spirit of Diwali that shines bright in every corner of the 58 lakh homes we have been a part of.
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Fraud by HDFC Limited, when obtained loan to purchase commercial property. This is about the consumer complaint against HDFC Limited. HDFC Limited forced to purchase General Insurance Policy after I have applied for Loan to purchase commercial property and paid the processing fees between 25k to 30k. So, you can also call it forced selling, unethical selling or illegal selling. To begin with, I have asked for the loan to the HDFC Bank to purchase commercial property. They said all the documents are ok and I need to pay processing fees. So, I paid the processing fees. Then, I realize I need some extra amount as loan, and I paid another installment of processing fees. Then everything goes well and I had given property documents as well. Then, the case of illegal and unethical arise. The...
HDFC's Non Housing Loans Product Portfolio HDFC also caters to the non housing segment with a portfolio of loan offerings for the Salaried and Self Employed Resident Indians. Our non housing products include: 1. Loan Against property. 2. Commercial Premises Loans. 3. Lease Rental Discounting.
HDFC Reach Home Loans - Salient Features: - Home Loans for the Informal Sector. - Home Loans for the Unorganized Business Profile. - Home Loans based on credit assessment and income documents (wherever available). - Loans also for home improvement, home extension and purchase of shops, clinics. - Refinance option available.
HDFC reduced the interest rates for home loan. Watch this special segment and get to know more here. Zee Business is one of the leading and fastest growing Hindi business news channels in India. The channel has revolutionized business news by its innovative programming and path-breaking strategy of making business news a 24/7 activity as it is not just limited to the stock market. This has made Zee Business your channel to wealth and profit. Besides updated hourly news bulletins, there is a lot to watch out for, whether it be stock market related detailed information, investments, mutual funds, corporate, real estate, travel or leisure. The channel has the most diverse programming portfolio which has positioned it as a channel of choice amongst viewers. By speaking a language of the mass...
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