What is the HDFC full form?
HDFC full form is the Housing Development Finance Corporation. A well-known Indian housing finance company, HDFC primarily offers mortgage loans to middle- and lower-class people for the purchase of homes and to builders for construction projects. Its principal objective is to increase homeownership across the nation and the residential housing supply by methodically providing housing finance.
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The organization is a leader in the Indian housing financing industry, and Mumbai, India, is home to its corporate headquarters. With several branches, it has a vast distribution network. Additionally, it has three representative offices in Singapore, London, and Dubai that offer Home Loan services. As part of the 1994 RBI deregulation of the Indian Banking Industry, The HDFC was one of the first companies to receive an in-principle approval from the RBI to establish a private sector bank.
Principles and goals of HDFC
- Integrity
- Professional Service
- Trust
- Transparency
Products and services of HDFC
HDFC Bank has a wide range of goods and services, including
- Wholesale banking
- Retail banking
- Treasury
- Car loans
- Two-wheeler loans
- Personal loans
- Consumer-sustainable loans
- Lifestyle loans
- Credit card
- Payzapp
- SmartBUY
