Introduction

With the advancement in technology, repaying an HDFC Home Loan online has become a seamless and convenient process. Gone are the days when you needed to physically visit a bank to make your loan repayments. Today, you can complete this task from the comfort of your home, making the entire process hassle-free.

Options for Online Repayment

HDFC Bank Net Banking

If you are an HDFC Bank account holder, you can utilize HDFC Bank Net Banking to make your loan payments. This service allows convenient access to manage your loan repayment anytime, anywhere. Here's how it works:

Login to your HDFC Bank Net Banking account. Select the loan repayment option. Enter your loan account number and the amount you wish to pay. Confirm the transaction and make the payment.

Ensure you have your loan account number and the current due amount before initiating the transaction.

HDFC Mobile Banking App

The HDFC Mobile Banking app offers a quick and straightforward alternative to online repayment. This app is available on both Android and iOS platforms. Here's what you need to do:

Download and install the HDFC Mobile Banking app. Sign in using your registered username and password. Select the loan repayment module. Input the required details like your loan account number and payment amount. Follow the prompts to complete the transaction.

NEFT/RTGS

For HDFC account holders with accounts in other banks, New Generation Electronic Fund Transfer (NEFT) or Real Time Gross Settlement (RTGS) can be used to transfer funds.

Ensure you have the correct HDFC account number and International Financial Services Code (IFSC) code. Initiate the NEFT/RTGS transaction through your bank's online banking portal. Verify the transaction details and complete the payment process.

UPI

If you prefer using Unified Payments Interface (UPI), you can link your HDFC loan account to your UPI app and make direct payments this way.

Link your HDFC loan account to your UPI app. Open your UPI app and navigate to the payment section. Select the HDFC loan account for making the payment. Follow the screen prompts to complete the payment.

HDFC Loan Repayment Portal

HDFC also provides a dedicated loan repayment portal where payments can be made via various methods, including debit cards and credit cards.

Visit the HDFC Loan Repayment Portal. Select the payment method that suits you. Enter the necessary details like your loan account number and the amount to be paid. Complete the transaction and confirm the payment.

Personal Experience Sharing

Here is a script you can use for your personal prepayment request:

Subject: Request for Partial Prepayment of HDFC Home Loan Dear Sir/Madam, Request Form - Part Prepayment Loan Account No.: [Your Loan Account Number] Loan Type: Residential premises loan With Loan Application File No.: [Your Loan Application File Number] We have availed a loan under the above-mentioned loan account number and would like to make a partial prepayment of Rs. [Amount in Words]. The amount stated above has been availed under an adjustable Rate non-residential premises loan. I am aware that any prepayment will be permitted by HDFC, subject to prepayment charges if applicable to that product and scheme.

We confirm the prepayment is being made from:
Name as per Bank Account: [Your Name]
Bank Account No.: [Your Bank Account Number]
Bank Name: [Your Bank Name]
Branch: [Your Bank Branch]

We are attaching herewith a 3-month bank statement of the mentioned account to enable you to verify the source of this prepayment. We would like to make this partial prepayment on [Date] or as early as possible as per your terms and conditions and would request you to inform me the amount payable by me including prepayment charges if applicable. We further undertake that HDFC reserves the right to revise the amount payable if at any time it is found that the sources and documents submitted are incorrect and/or incomplete.

Address: [Your Address]
Mobile No.: [Your Mobile Number]
Email: [Your Email]

Please find the above complete details for processing of partial pre-payment as subject. Please inform us in advance if any prepayment charges are applicable on this. Bank statement of the mentioned account is attached herewith for your reference.
Thank you.
Please find below the attached documents for verification.

Yours sincerely,
[Your Name]
[Your Signature]

After sending this request, you will either receive a confirmation call from your bank or a message on your registered mobile number. You may also receive an email with a link to complete the payment online. Click on the link, log in to your loan account, and make the payment. This method saves you a lot of time and effort compared to visiting the bank.