HDFC HOME LOANS NOW MADE AVAILABLE AT LAWSON ROAD, TIRUCHIRAPPALLI

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– Relocates its office from Cantonment to Lawson Road –

– Home Loans made available with more convenience –

Tiruchirappalli, October 17, 2022: HDFC Ltd, India’s premier housing finance company, has relocated its Cantonment office to a new premise at Lawson Road. The new office is housed at HDFC Ltd, GVR Complex, Lawson Road, Tiruchirappalli – 620 001, which was earlier at Achyuta, 111 Bharathidasan Salai, Cantonment, Near Campion School, Tiruchirappalli – 620 001.

The new office of HDFC Ltd would be convenient for customers spread across Tiruchirappalli and adjoining areas in availing home loans for buying their dream home. The new office is centrally located and customer convenience was given utmost importance while finalizing the new premises.

The office will be open from Monday to Friday between 9:30 AM to 5:15 PM; Saturdays – 10:00 AM to 1:00 PM and will remain closed on 3rd Saturday of every month.

Mr. Ajay Varma, Regional Business Head inaugurated the new office in the presence of other senior officials of HDFC Ltd.

Speaking on the occasion, Ms. Renu Sud Karnad, Managing Director – HDFC Ltd said, “Tiruchirappalli is a one of the major engineering equipment manufacturing and fabrication hub in Tamil Nadu. The city houses various manufacturing and related ancillary industries. Several public and private sector companies also have their offices and factories in Tiruchirappalli. It offers an excellent opportunity for growth as there would be a lot of demand for housing in and around the area owing to significant economic activities. The pandemic has also reaffirmed the importance of owning a house. The demand for housing continues to be from both, first-time homeowners as well as those moving up the property ladder – generally into larger homes. This new office will help us to deepen our relationship with the customers and in turn will help them to avail home loans conveniently.”

Emphasizing further she said,

“HDFC has always promoted the concept of home ownership and well recognizes the fact that providing personalized counselling is essential to serve home seekers more effectively. We aim to reach the large untapped market of genuine home buyers and assist them in making an informed home buying decision.”

HDFC has launched host of digitally enabled services to help the customer conveniently manage their home loan account. HDFC focused on an online digital platform for loans and retail deposits, and initiated ‘HDFC Customer Connect’ for all customer requests. Today over 92% of new loan applications received are through digital channels up from less than 20% before Covid-19 pandemic. In the housing finance space, HDFC was the first institute to lay emphasis on online loan processing during the lockdown. HDFC’s thrust on digital initiatives and inherent demand for housing helped to get back to normalcy faster than expected and has been instrumental in achieving the milestone of approving retail home loans of over ₹ 2 lakh crore in FY22, highest ever in a financial year.

For the year ended June 30, 2022, 23% of home loans approved in volume terms and 10% in value terms have been to customers from the Economically Weaker Section (EWS) and Low Income Groups (LIG).

HDFC follows a single-window concept and offers free property counselling services for a variety of individual needs, legal & technical guidance and has capabilities to approve loans swiftly. With its understanding and knowledge of the real estate market, HDFC also advises customers on property related issues. It has grown to provide not just the finance but a complete solution to the customers’ housing needs since buying a house for most of us is the biggest Investment and once in a life time decision.

Innovative products tailored for the customers:

Housing loans

Home Improvement Loans

Home Extension Loans

Plot Loans

Rural Housing Finance Loans

HDFC Reach

HDFC Arya – loans to Central and State Govt. Employees

Loans to NRIs

Loan Against Property

Top-up Loans for existing customers

Customized repayment options

About HDFC Ltd

HDFC Ltd. is India’s leading mortgage lender and a well – established financial conglomerate. It has assisted more than 95 Lakh customers in acquiring their own home over the last 45 years. With a wide network of 695 inter connected offices, it caters to various towns and cities across India. HDFC Ltd has offices in London, Dubai and Singapore and service associates in Middle East to assist non-resident Indians and PIO’s. For more information on HDFC, please visit https://www.hdfc.com.