HDFC FULL FORM - SSC NOTES PDF

HDFC FULL FORM

HDFC FULL FORM

Full Form of HDFC : Housing Development Finance Corporation

What is the Full form of HDFC?

No:1. The full form of HDFC is the Housing Development Finance Corporation.
No:2. 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.
No:3. Its main aim is to boost the residential housing stock by systematically providing Housing Finance and enhancing homeownership within the nation.
No:4. The company is among Indian housing finance sector rulers, and its headquarters is located in Mumbai, India.
No:5. It has an extensive distribution network with 427 interrelated branches.
No:6. It also has three branch offices that provide Home Loan services in Singapore, London and Dubai.
No:7. 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.

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Core values and ideals of HDFC

No:1. Integrity
No:2. Professional Service
No:3. Trust
No:4. Transparency

Products and services of HDFC

HDFC Bank offers a variety of products and services such as :
No:1. Wholesale banking
No:2. Retail banking
No:3. Treasury
No:4. Car loans
No:5. Two-wheeler loans
No:6. Personal loans
No:7. Property loans
No:8. Consumer-sustainable loans
No:9. Lifestyle loans
No:10. Credit card
No:11. Payzapp
No:12. SmartBUY
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