Frequently Asked Questions

A client can apply for premature withdrawal subject to certain rules and conditions. Premature withdrawal will not be allowed before completion of 3 months from the date of deposit. In case of request for premature withdrawal after the expiry of 3 months, the following rates table shall apply.

• After 3 months but before 6 months: The maximum interest payable shall be 4% per annum for individual depositor, and no interest in case of other category of depositors.
• After 6 months but before maturity date: The interest payable shall be 1% lower than the interest rate applicable for the period for which the deposit has run. If no rate has been specified for that period, then 2% lower than the minimum rate at which the public deposits are accepted by HDFC.

Note: As per HDFC securities Ltd procedure, premature withdrawal request may be permitted at the sole discretion of the Corporation, subject to the Housing Finance Companies (NHB) Directions, 2010, as applicable from time to time.