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By Kaisar
Saturday, March 14, 2009 (00:00:09), EST

HDFC Offers Multiple Repayment Options for Home Loans

HDFC, a premier private sector bank, offers flexibility in repayment of home loans taken by borrowers for purchase of a new house or repair of an existing one. HDFC multiple repayment options include step up repayment facility, flexible loan installments plan, tranche based EMI and accelerated repayment scheme.

While step up repayment facility is targetting those young executives who want to buy a bigger home today and pay later as their income increase, Flexible loan installments plan caters to the collective requirement of a family by allowing them to combine thier individual income.

Tranche based EMI is suitable for purchasing a home under construction where customers can fix the installments according to their convenience until the construction is complete. Accelerated repayment scheme gives you option to repay your HDFC Home Loan faster by increasing the EMI.



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