• To build a house
  
• To add a new part to a house /extensions
  
• To complete a partly built house
  
• To obtain water facilities, sanitary facilities and electricity
• To purchase a house
• To purchase a plot of land to build a house
• Redemption

2. Who can obtain the loan

• Members of the Employee Provident Fund.
  
  

3. The Loan amount you can obtain

• Up to 75% of your EPF balance if you are currently employed
  
  

4. What is the Security

• Your EPF balance
  
  

5. What will be your Loan Installment

• If you are a salaried employee: 40% of the salary will be your maximum loan installment (within 60% of total fixed commitments) depending on your loan amount.
  
  
• Others : Subject to evaluation of disposable income that can be proved.
  
  

6. What else……..?

• A Savings Deposit Rs. 1000 /- to open a ‘Prathilabha’ Savings Account with the Bank.
  
  
• Loan application should be forwarded to the labor department. Those applications will be and sent to recommended the HDFC Bank by the labor department.
  
  
• Recommended loan applications will be processed for a loan by the HDFC Bank.

Terms and Conditions

• An ordinary savings account should be opened.
  
  
• Processing Fee- 1% From the Loan Amount (maximum Rs.20, 000.00)
  
  
• Technical Fee - Rs.500.00-Rs.1, 000.00
  
  
• For the early settlement of a loan a Commitment fee of 2% to 4% of the loan amount will be charged.