Housing Development Finance Corporation (HDFC)

by Monika Dadool 16-Oct-18

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Housing Development Finance Corporation

HDFC (Housing Development Finance Corporation) considered as the most prominent housing finance corporation of India contributing residential projects including housing loans to people for buying builders and house. They improve residential stock by increasing homeownership and by housing finance provision in an effective way. MD & CEO of HDFC is Aditya Puri. The headquarters of HDFC is in Mumbai.

It have a wide range of distributed network of 427 office that are interrelated to one another and For home loan products, they have their representative offices in Dubai, Singapore, and London. This is first company among all that receive a principal approval of setting up private sectors bank from RBI and also it is the first bank in India which issues the master card and launched an international Debit card linked with VISA. HDFC has an extreme list of subsidiaries for supplying loan products, banking, and insurance services.


Following are the list of trending subsidiaries of HDFC:

a) HDFC Bank Ltd

b) HDFC Holdings Ltd

c) HDFC Developers Ltd

d) HDFC Trustee Company Ltd

e) HDFC Investments Ltd

f) HDFC Venture Capital Ltd

g) HDFC Standard Life Insurance Company Ltd

h) HDFC Realty Ltd

i) HDFC Property Ventures Ltd

j) HDFC Ergo General Insurance Company Ltd


HDFC products and services:

a) Mutual funds

b) Trade service

c) Insurance

d) Check deposits

e) Foreign currency cash

f) Personal loan

g) Home loan

h) Credit card

i) Remittances

j) Foreign currency demand drafts

k) Car loans

l) Future scope of HDFC

j) To launch new branches up to 250

k) To increase 4200 crores in capital

l) NBFC setup

m) To transpose branches to un-banked rural Punjab

n) HDFC beliefs

o) Transparency

p) Trust

q) Integrity

r) Professional services

s) Power features of HDFC

t) Over 1700 branches and 5000 ATMs in India

u) More than 50000 employees

For more information about HDFC Bank - Click Here


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