Follow us
Log in        Register


Vidyanagar, Akalawadi Complex, Hubli Hubli Dharwad Main Road
Dharwad District
India - 580031
Customer Care
Phone:022 6160 6161
Mobile:836 305 6397
Go to HDFC:    Twitter  Facebook     

HDFC Complaints & Reviews

HDFC - Charged Processing fee before Home loan got sanctioned and now HDFC has not sanctioned loan neither re-paying my money.


HDFC has started processing my home loan in January and asked me to fill the form 3 times due to some reasons saying some or the other things are missing.

They charged me money for processing HDFC loan and never processed my loan.

Now HDFC refuses to re-pay my processing fee money.

Complaint comments Read comments [78]

HDFC - Prepayment charges for transfer of loan

 K Ramamurthy
I had availed housing loan from HDFC at the rate of 10.25%. Without informing me, they have increased to 11.50% and then brought down to 11% (the present rate).

As SBI is offering at 8% which is applicable both to the new loans and takeover loans, I had approached HDFC for the same.

To my shock, they have informed that penalty charges at the rate of 3% (along with Service Tax and educational cess on ST) will have to be paid by me if I am transferring the loan to another bank.

Earlier the rate was 2% and with the fear that lot of customers will be moving...
Complaint comments Read comments [49]

HDFC - High interest rate

I am an executive working with MNC. I had taken a home loan from HDFC in November 2005. The rate of interest applicable then was 7.5 %. I was told that this interest rate is special for my company and less than what other customers and banks were charging. Later on HDFC kept on revising based on RBI rate which is acceptable. But, the revision has now lead to a situation where the ineterst rate, which is 11.75%, from HDFC is 2 - 2.25 % above other banks public sector banks. When I checked with bank they told, they are not directly coming under RBI. Then why they responded to previous hikes from RBI??...
Complaint comments Read comments [41]

HDFC - Poor service!

HDFC is the biggest ripp-off you'll come across in India....
Complaint comments Read comments [21]

HDFC - Don't go for home loan to this bank, one you will get floating rate home loan, they start blackmailing you by increasing interest rate

 uttam nayak
I have taken floating rate home loan from HDFC on 2004 and rate of interest was 8% that time. At the same time SBI was too giving loan in 8%. When RBI hike reserve repo, this bank is the first bank to increate interest rate for existing customer but never reduce interest rate when RBI do so. This is very unfair and black mailing to existing customer. SBI Home loan interest rate is now 9.5% where as HDFC is charging 12.75% to me. I will suggest everybody to never go for this private bank and although processing will be a little bit slow in public sector bank like SBI or Indian Bank, but you will...
Complaint comments Read comments [16]

HDFC - unreasonable HDFC interest rate

 Prashant Anand
Despite of interest rate cut all over and manyation form indication from govt to cut interest rate, HDFC is not reducing the interest rate, is this has become joke, how come a private bank can do like this when govt is asking to lower the interest rate in such bad times, is this congress govt waiting for these private to push people to go for sucide.

Another thing is what they mean by floating rate, it for their convenience to change the meaning for
getting more money.

How dare they can do it ? there is no rule of land or what ---my appeal to everybody stop...
Complaint comments Read comments [14]

HDFC - Injustice to existing home loan customers

We had availed home loan from HDFC, Andheri East Mumbai branch in September 2008.of Rs.3, 600, 000.(Rs. Thirty Six Lacs) on FLOATING RATE of interest.

However, it is shocking to learn that the current rate of interest applicable to me is 11.25 % p.a. which is much above the market rate of interest of 8 % - 8.5 % charged by other banks (SBI – 8 %, Canara bank – 8.25 %, Bank of Maharashtra 8.5%) (copies of evidence enclosed). Even home loan offered to new customers in HDFC is charged at 9.25 %. This is nothing but a white collar robbery as the ultimate objective of taking...
Complaint comments Read comments [10]

HDFC - Interest rate not reducing at par with new customer


I am an existing customer of a home loan from HDFC.

Home loan for new customer is recently comes to 8%. But HDFC & other Banks are not reducing the interest on home loan for their existing home loan customer.

Request the RBI Governor to look into this matter and try to make this as a rule that both new and existing customer both can get the benefit for the rate cut.


Complaint comments Read comments [10]

HDFC - Extra Foreclosure Charges

 Nitin Anand
My name is Nitin Anand; I am a customer of HDFC - Home Loans Account No. 581578861. I would like to transfer my loan from HDFC to another bank with lower interest rates. To proceed further i have requested for a foreclosure letter from HDFC. When i went to HDFC they say 3% foreclosure charges will levied on outstanding amount. In addition to that 12.36% Service Tax.

But I called HDFC customer care on 15th Feb 2009; it was told to me that I have to pay only 2% foreclosure charges.

I have also written a mail to HDFC earlier for a closer letter, I have not received any...
Complaint comments Read comments [9]

HDFC - High Interest rates

HDFC Ltd. is illegaly charging higher home loan interest rate from its old customers whereas they are wooing new customers by offering them home loans at lower interest rates. A recent court ruling has also said that this is an illegal practice. See the link and the news article pasted below.

Bank to pay Rs 1 lakh for overhauling loan account
8 Jul 2009, 0134 hrs IST, TNN

CHANDIGARH: Deciding a complaint filed by Panchkula resident...
Complaint comments Read comments [8]

Share this page with others


Recently Discussed
19 days ago
HDFC Deducting AMB Charges
Credit card frauds
Depository charges
Cash partially delivered from ATM, but showing full deduction
Amount Debited for Declined Transaction