What is HDFC Home Loan Interest Rate Female?

Hi, I saw you asking about the HDFC home loan interest rate for women and would like to offer you my help regarding the topic.

As per their initiative to empower women, they offer home loans at a reduced interest rate of 0.05%. 

I availed of a home loan through the bank as a female applicant around three months ago and have been able to save up on the EMI due to the reduced interest rates. Let me share the other benefits offered to female applicants by the HDFC Bank, as well.

What is the HDFC Home Loan Interest for Female and Other Benefits?

The interest rate would depend on your CIBIL score, loan amount and more, based on your loan application. Apart from this, the bank told me about several other benefits for female applicants.

• Stamp Duty:

  The bank offers a reduction in stamp duty, ranging from 1% to 2%, based on the state of residence. 

• Tax:

  You’ll also enjoy tax deductions on home loan repayments. The maximum tax amount that can be deducted is Rs. 1.5 lakhs on the principal amount and Rs. 2 lakhs on the interest repayment. 

For any additional special benefits, you’ll have to contact the bank and find out. This is all about the HDFC home loan interest for females. I hope you find this helpful.