HDFC Full Form

What is the Full form of HDFC?

The full form of HDFC is the Housing Development Finance Corporation. HDFC is a renowned Indian housing financial institution, mainly providing home loans to middle and low-class citizens to buy houses and builders for building projects. Its main aim is to boost the residential housing stock by systematically providing Housing Finance and enhancing homeownership within the nation.

The company is among Indian housing finance sector rulers, and its headquarters is located in Mumbai, India. It has an extensive distribution network with 427 interrelated branches. It also has three branch offices that provide Home Loan services in Singapore, London and Dubai. The HDFC was one of the first to obtain an In Principle’ approval from RBI to form a private sector bank as part of the 1994 Indian Banking Industry liberalization by the RBI.

Core values and ideals of HDFC

  • Integrity
  • Professional Service
  • Trust
  • Transparency

Products and services of HDFC

HDFC Bank offers a variety of products and services such as

  • Wholesale banking
  • Retail banking
  • Treasury
  • Car loans
  • Two-wheeler loans
  • Personal loans
  • Property loans
  • Consumer-sustainable loans
  • Lifestyle loans
  • Credit card
  • Payzapp
  • SmartBUY

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