Wednesday, February 2, 2011

HDFC Home Loan

HDFC bank limited is an Indian commercial that was incorporated in 1994, right after the Reserve Bank of India permitted the establishment of banks for the private sector. This particular bank was promoted by the Housing Development Finance Corporation that is said to be one of the premier housing finance company in India. Today, it has more than a thousand branches and has more than three thousand automated teller machines all around India. An HDFC Home Loan is said to be the best in the market today because of its terms and of course its interest rates. Current assets of the bank are now more than a billion Indian rupees and are projected to grow more in the few years. HDFC bank is considered to be part of the Big Four banks in India. Its main competitors are State bank of India, Axis bank and ICICI bank.

HDFC bank has a lot of services that is offered to its patrons such as Retail banking services, whole sale banking services and even foreign exchange. The HDFC is known for its wholesale banking practices which almost any type of business can take advantage off. For corporations and business, the HDFC bank offers a lot of transactional and commercial services, working capital finance, trade services and cash management.
They are also said to be the leading provider in India for structure solutions that combines cash management with the merchant or vendor and distributor finance which is used to facilitate superior supply chain management for its clients. This bank also specializes in retail banking services which are bale to provide market customers with a lot of financial products and banking services. It functions as a one stop window for anyone’s banking requirements. Their products are backed by excellent service and delivered to customers through an ever growing branch network as well as other means such as automated teller machines, phone banking, mobile banking and also mobile banking.

Also, it is very easy to get an HDFC Home Loan because they have a lot of branches in almost every city in India. There are a lot of people that want to transact with HDFC because they are found almost anywhere in India and they have a name that is synonymous to stability, reliability and also accessibility. Having modern banking equipment gives them the accessibility that they want so that their clients can actually transact from anywhere in India so that they will not have hard time in doing their banking needs. HDFC Home Loan is one of the most sought after services that clients want from them because they are said to be the best in the business and they have the technical know how to give their clients the best deal possible.

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