Introduction
Buying a home is a big dream for many people in India. To make that dream come true, most people take a home loan. HDFC Bank is one of the most trusted names when it comes to housing loans. If you’re looking for the best and latest HDFC home loan interest rate, this guide is just for you.
In July 2025, HDFC Bank revised its rates, making loans more affordable for both salaried and self-employed individuals.
Latest HDFC Home Loan Interest Rate (July 2025)
HDFC Bank has reduced its MCLR (Marginal Cost of Funds-based Lending Rate) by up to 30 basis points in July 2025. This makes their home loans more affordable for new and existing customers.
New Interest Rate Range:
8.15% to 8.45% per annum
| Borrower Type | Loan Amount | Interest Rate (p.a.) |
|---|---|---|
| Salaried Individual | Up to ₹30 lakhs | From 8.15% |
| Salaried Individual | ₹30L – ₹75 lakhs | From 8.30% |
| Salaried Individual | Above ₹75 lakhs | From 8.35% |
| Self-employed | Any amount | From 8.45% |
These are floating rates and may vary depending on credit score and loan tenure.
Why HDFC Home Loans Are a Smart Choice
Lower Interest Rates
With new cuts in MCLR, your EMIs will be lower, saving you money over the loan term.
Quick Approval
Get approval within 24–48 hours with minimal paperwork.
Digital Process
Apply online from your home and track your application status easily.
Customised Plans
Special schemes available for women applicants, professionals, and NRIs.
Key Features of HDFC Home Loan
- Loan Amount: ₹5 lakh to ₹10 crores
- Tenure: Up to 30 years
- Processing Fee: Up to 0.50% of loan amount
- Prepayment Charges: Nil on floating rate loans
- Top-up Loan: Available at attractive rates
- Balance Transfer: Shift from other banks to HDFC at better rates
MCLR Rates by HDFC as of July 2025
| Tenure | MCLR Rate |
|---|---|
| Overnight | 8.60% |
| 1 Month | 8.60% |
| 6 Months | 8.75% |
| 1 Year | 8.75% |
| 2 Years | 8.75% |
| 3 Years | 8.80% |
MCLR is important because it is the benchmark for floating rate loans.
How to Get the Best HDFC Home Loan Rate
1. Maintain a Good Credit Score
A score of 750+ helps you qualify for the lowest interest rates.
2. Apply Online
Use HDFC’s online portal or trusted platforms like BankBazaar or PaisaBazaar for better deals.
3. Choose a Shorter Tenure
Shorter tenure means lower interest paid over time.
4. Consider Balance Transfer
If you already have a loan at a higher rate, transfer it to HDFC and save.
EMI Example – HDFC Home Loan ₹50 Lakh for 20 Years
| Interest Rate | Monthly EMI | Total Payable |
|---|---|---|
| 8.15% | ₹42,400 | ₹1.01 Crores |
| 8.45% | ₹43,260 | ₹1.03 Crores |
A small difference in rate can save you lakhs of rupees over time.
Conclusion
If you are planning to buy your dream home, then HDFC home loan is one of the best and most reliable choices in India today. With interest rates starting as low as 8.15%, fast processing, and flexible options, it offers value for every kind of homebuyer.
Always compare your loan eligibility and offers online before applying. Use EMI calculators to understand your repayment, and make sure you read the terms carefully.
With HDFC’s July 2025 interest rate cut, now is the best time to apply and save more on your home loan.