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What does HDFC stand for?
Who is HDFC Bank?
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What is Housing Development Finance Corporation (HDFC)?
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Who is HDFC & why should you choose HDFC?
HDFC Bank Limited is an Indian banking and financial services company, headquartered in Mumbai. It is India's largest private sector bank by assets and the world's tenth-largest bank by market capitalization as of May 2024.
HDFC Ltd, over the last 45 years has developed one of the best product offerings making it a leader in the housing finance business. HDFC Bank enables seamless delivery of home loans as a part of its wide product suite catering to urban, semi urban and rural India.
HDFC is a leading housing finance company in India, offering various loans and services for home buyers and customers. It was founded in 1977 by Mr. H T Parekh and has a strong reputation for transparency, integrity and innovation.
- Full Form of HDFC Explained
- Founder
- Brief History of HDFC
- CORE Values of The Bank
- Products and Services Offered
The full form of HDFC is Housing Development and Finance Corporation, which is the largest entity in the real estate sector to provide housing related products and services to the citizens of India. It is a prominent financial institution that has a crucial role in the development and expansion of the real estatesector. Through its services, it hel...
It was founded by Hasmukh Thakordas Parekh, a philanthropist, economist, entrepreneur, and writer. He was born on 10thMarch 1911 in Surat (British India). The London School of Economics awarded him the honorary Padma Bhushan and fellowship. He also played an instrumental role in developing the Industrial Credit and Investment Corporation of India, ...
The Housing Development Finance Corporation was incorporated in 1994 in Mumbai, Maharashtra, as the registered office. The first operating corporate office and branch with all services was established in Sandoz House, Worli, inaugurated by Dr. Manmohan Singh, the then Finance Minister of India.
The core values are as follows: 1. Trust 2. Professional Service 3. Integrity, and 4. Transparency The corporation's objective is to provide, professionally and systematically, housing finance and ownership. This Corporation aims to increase the flow of resources to the housing sector by integrating domestic financial marketsinto the housing financ...
The financial institution has a diverse range of products and services that are designed to meet various types of financial needs of people. Let us study the products in detail.
HDFC is the brainchild of our Founder Chairman, the late Mr. H. T. Parekh. HDFC has come a long way since its inception in 1977, overcoming numerous obstacles in the evolution from a fledging start-up to India’s leading provider of Housing Finance.
Launched in 2010, HDFC held a 100% stake in HDFC RED, a real estate online listings platform operating under HDFC Developers Ltd. The company focuses on real estate, avoiding resale and rental services.
HDFC is a leading provider of Housing Finance in India. With our customised solutions we have fulfilled over 9 million dreams since inception.
