» What is a HDFC Housing Fund?

HDFC Housing Fund is the unique Retirement Fund: a latest Financial Product.

This is a customized Financial Instrument in catering to the varied needs of identified social clusters.
i.e.:

1. Agricultural Farming community
2. Government Teachers community
3. Non governmental industrial workers community

Due to the ability of being designed to cater to the specific community based needs, through its countrywide branch network, HDFC Bank intends promoting HDFC Group Housing Fund scheme with minor adaptations to suite the needs of different institutions with specified corporate solutions and the specific needs of identified village communities.

» Why I should join HDFC Housing Fund?

• Investments are geared to pay investment returns that are geared to equal 75% of the lowest interest charged for Housing Loans.

          For example, if HDFC Bank’s lowest Housing loan interest rate is geared at 13% annually, investments with HDFC           Housing Fund would generate 9.75% earnings annually.

• This mechanism would always yield ‘above-the-market’ interest earnings to Housing Fund Investors. It would also earn interest earnings above the Treasury- Bill rates & Fixed Deposits rates prevalent in the market at any given time.

• The most important feature here is that even a small investment like Rs.100/- would benefit the investor with the highest interest return.

• HDFC Housing Fund would be in a position to offer Housing loans to its investors, after a 10 – 15 year period of accumulation of funds.

• HDFC Housing Fund is ranked as a High Security Investment since its value would be against Mortgaged Security.

• Ability to take 75% of the prevailing balance as an instant loan.

• This is an Ethical Fund which can be considered a Future Investment Index with High Growth potential since it has been designed to suit the future changes expected in social demographics.

» For whom?

» How to join?

Minimum Initial Investment can begin with Rs: 500/- with flexible amounts of investments added thereafter. Subsequent investments after the initial deposit could be even as small as    Rs: 1/- or even 50 cents. Please visit the nearest HDFC Bank branch.