₹3 Crore Home Loan EMI
- Approval in 4 Simple Steps
- Minimal Documentations
- Customized Repayment Options
If you are considering a Home Loan of ₹3 Crore, estimating your EMI in advance can help you plan your finances with greater clarity. HDFC Bank offers easy-to-use digital tools that allow you to calculate your 3 Crore Home Loan EMI instantly, supported by transparent interest rates and flexible repayment options.
Whether you are buying your first home or moving to a larger one, knowing your monthly commitment helps you make better decisions.
Your 3 Crore Home Loan EMI is calculated based on a few key factors, including:
HDFC Bank offers repayment tenures of up to 30 years, allowing you to structure EMIs based on your monthly budget. Longer tenures help reduce EMIs, while shorter tenures lower the total interest payable on your 3 Crore Home Loan.
With HDFC Bank’s online EMI calculator, simply enter the Loan Amount, select your tenure, and apply the interest rate. The calculator instantly shows your EMI, total interest payable, and repayment schedule, enabling confident planning before you apply. Once satisfied, you can complete the home loan application online through a streamlined process.
All rates are benchmarked to Policy Repo Rate. Current applicable Repo Rate = 5.25%
| Special Housing Loan Rates for Salaried & Self Employed (Professionals & Non-Professionals) | |
|---|---|
| Loan Slab | Interest Rates (% p.a.) |
| For All Loans* | Policy Repo Rate + 2.50% to 7.95%= 7.75% to 13.20% |
You must fulfil a few eligibility conditions and documentation requirements to qualify for a ₹3 Crore Home Loan at HDFC Bank. Here's an overview:
| Criteria | Salaried Applicants | Self-employed Applicants |
|---|---|---|
| Age | Applicants should be between 18 and 60 years old | Applicants should be between 18-65 years old |
| Income | Minimum Income of ₹20,000 per month for Delhi, Mumbai, Bangalore, Pune, and Chennai residents. Minimum Income of ₹15,000 per month for the residents of other cities. | Minimum Income of ₹20,000 per month for residents of Delhi, Mumbai, Bangalore, Pune, and Chennai. Minimum Income of ₹15,000 per month for the residents of other cities. |
| Work Experience/ Continuity | 2 years of work experience and at least 6 months in the current organisation. | Minimum 3 years in business or profession with the number of successful years in the business or profession. |
For home loan approval, you need to submit the following documents for applicant / all co-applicants along with the completed and signed Loan application form.
| A | Sr.No. | Mandatory Documents | ||
|---|---|---|---|---|
| 1 | PAN Card or Form 60 (If the customer does not have a PAN Card) | |||
| B | Sr.No. | Description of Officially Valid Documents (OVD) that can be accepted for establishing the legal name & current address of Individuals*[Any one of the following documents can be submitted] | Identity Proof | Address Proof |
| 1 | Passport, the validity of which has not expired. | ✅ | ✅ | |
| 2 | Driving license which has not expired. | ✅ | ✅ | |
| 3 | Election /Voters identification card | ✅ | ✅ | |
| 4 | Job card issued by NREGA duly signed by the officer of the State Government | ✅ | ✅ | |
| 5 | Letter issued by the National Population Register containing details of name, address. | ✅ | ✅ | |
| 6 | Proof of possession of Aadhaar Number (to be obtained voluntarily) | ✅ | ✅ |
A document mentioned above shall be deemed to be an OVD even if there is a change in the name subsequent to issuance provided it is supported by a marriage certificate issued by State Government or Gazette notification, indicating such a change of name.
| Name of Fee/ Charge levied | Amount in Rupees |
|---|---|
| Fees for Resident Housing Loan/ Extension/ House Renovation Loan/ Refinance of Housing Loan/ Plot Loans for Housing (Salaried, Self-Employed Professionals) | Upto 0.50% of the loan amount or Rs. 3000/- whichever is higher + applicable taxes / statutory levies. Minimum Retention Amount: 50% of applicable fees or Rs. 3000/- +applicable taxes/statutory levies whichever is higher |
| Fees for Resident Housing/ Extension/ Renovation/ Refinance/ Plot Loans for Self Employed Non-Professionals. | Upto 1.50 % of the Loan amount or Rs. 4500/- whichever is higher+ applicable taxes / statutory levies. Minimum Retention Amount: 50% of applicable fees or Rs. 4500/- +applicable taxes/statutory levies whichever is higher |
| Fees for NRI Loans | Upto 1.25% of the Loan amount or Rs. 3000/- whichever is higher + applicable taxes / statutory levies and charges. Minimum Retention Amount: 50% of applicable fees or Rs. 3000/-+applicable taxes/statutory levies whichever is higher |
| Fees for Value Plus Loans | Upto 1.50% of the Loan amount or Rs. 4500/- whichever is higher + applicable taxes / statutory levies and charges. Minimum Retention Amount: 50% of applicable fees or Rs. 4500/-+applicable taxes/statutory levies whichever is higher |
| Fees for Loans under HDFC Bank Reach Scheme | Up to 2.00% of the loan amount+ applicable taxes / statutory levies. Minimum Retention Amount: 50% of applicable fees or Rs. 3000/-+applicable taxes/statutory levies whichever is higher |
| Re-appraisal of loan after 6months from date of sanction | Rs. 2000/- + applicable taxes / statutory levies. |
| Name of Fee/ Charge levied | Amount in Rupees |
|---|---|
| Additional Interest | A maximum of 18% P. A. on overdue instalment amounts. |
| Incidental Charges | Incidental charges and expenses are levied to cover the cost, charges, expense and other monies as per actuals applicable to a case. |
| Stamp Duty/ MOD/ MOE/ Registration | As applicable in the respective States. |
| Fees/Charges levied by entities such as CERSAI | As per actual charges/ fee levied by Regulatory bodies + applicable taxes/ statutory levies |
| Fees/Charges levied by such third parties such as mortgage guarantee company | As per actual fee/ charges levied by any third party(ies) + applicable taxes/ statutory levies |
Yes. A longer tenure lowers your monthly EMI, though it increases the total
interest payable.
Home Loans for purchase of a flat, row house, bungalow from private developers in approved projects.
Home Loans for purchase of properties from Development Authorities such as DDA, MHADA etc.
Loans for purchase of properties in an existing Co-operative Housing Society or Apartment Owners' Association or Development Authorities settlements or privately built-up homes.
Loans for construction on a freehold / lease hold plot or on a plot allotted by a Development Authority.
Expert legal and technical counselling to help you make the right home buying decision.
Integrated Home Finance branch network for availing and servicing the Home Loans anywhere in India.
Special arrangement with AGIF for Home Loans for those employed in the Indian Army. To know more, click here
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Visit the HDFC Bank Home Loan section.
HDFC Bank is one of India’s leading private banks and was among the first to receive approval from the Reserve Bank of India (RBI) to set up a private sector bank in 1994.
As of March 31, 2023, the Bank had a nationwide distribution network of 7,821 branches and 19,727 ATMs / Cash Deposit & Withdrawal Machines (CDMs) across 3,811 cities / towns.HDFC Bank’s end-to-end digital home loan application process, integrated home loan branch network across the county and 24X7 online assistance can make your home owning journey a memorable one.
You can now apply for a home loan online in 4 simple steps with HDFC Bank's quick and easy apply online module.
Check your loan eligibility before starting your home loan application.
Go through the list of documents required and keep them ready before starting your home loan application process.
Be clear about the type of home loan you need (home loan, house renovation loan, plot loan, etc.)
Read the FAQs before starting your loan application process.
Make sure you provide all the details that the home loan provider will need to process your application.
It can take years to accumulate sufficient funds for buying a house. However, you don’t need to wait this long. You can simply take a home loan to purchase your dream house.
A home loan offers income tax benefit on the interest and principal repayments. You can claim tax deduction on principal repayments u/s 80C and on interest repayments u/s 24B.
Interest rates on home loan are lower than other types of loans. Availing a housing loan has become very affordable today.
Home loan providers tailor your home loan repayment to suit your requirements.
*Applicable only to salaried individuals.
Improve your credit score by creating a reasonable track record of timely repayments so that you achieve a high credit score which would improve your prospects of getting a home loan.
Avoid frequent job changes as this presents a picture of instability.
Obtain your credit report periodically, say once or twice in a year, verify the same for errors and get them rectified as and when required.
Check with the lender if the property that you have shortlisted will be considered for a housing loan. At the same time, do an independent due diligence.
Ensure that the documentation of your home loan application is in order as per the requirement of the lender.
You can take the following steps to improve your chances of getting a home loan
Security
Security of the loan would generally be security interest on the property being financed and / or any other collateral / interim security as may be required by HDFC Bank.
Other Conditions
All the information contained herein above is for awareness and customer convenience and is intended to only act as an indicative guide about HDFC Bank’s products and services. For detailed information about HDFC Bank’s products and services kindly visit the nearest HDFC Bank branch.
Click here for the Most Important Terms and Conditions pertaining to your loan.
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