HDFC launches an exclusive Banking Centre at Hyde Park Corner branch

HDFC Bank opened a dedicated service centre for loans at the Bank’s Hyde Park Corner branch premises. The bank expects to provide a customised service for its customer at this center.

At present, several tailor made home loan schemes are in operation. One is ‘Kedella’ Loan scheme that provides financial facilities upon a guarantee of property. The flagship product, Kedella is offered for several purposes such as purchase of bare land for residential purposes such as purchase of a house, building a house, renovation or extension of one’s home, obtain water and sanitary facilities and electricity, etc.

One of the most distinctive products that the HDFC Bank offers to the public is the “Shrama Udana” loan scheme which is unique for members of the Employees’ Provident Fund (EPF). The EPF members can offer their EPF balance as security for the loan. At present, the HDFC Bank is one of the few banks in the country to offer this service.

Personal guarantee loans are also offered for housing purposes.

The HDFC Lifestyle Loan is another scheme, where customers can obtain a loan to purchase house hold items for their homes. The “Sirisara Loan” Scheme enables the customers to obtain financial support to complete necessary repairs or structural redesigning as well as purchase furniture and other household appliances.