They continuously innovate with Diversified Financial Services - Banking, Insurance (Life and General), Asset Management, Real Estate Venture Capital, Education Loans among others. HDFC and its Group Companies consistently maintain leadership positions in their respective sectors.
A closely-knit family strongly rooted in their approach, yet aspirational in purpose. While Housing Finance continues to be the core business, over the years, they have grown into a large financial conglomerate with diversified businesses. Their key associate and subsidiary companies hold leadership positions in their respective categories and their newer ventures are fast emerging. The group companies have strong synergies, thus enabling HDFC to offer a wide range of financial products and services to cater to needs across different stages of life.
Story behind the logo
It was started with the aim to provide better housing loans, investing into housing development sector. The HDFC logo looks like a building-work-in-progress to me. I see its red and blue blocks as bricks. In the logo, the 4 corners look like the boundary or compound walls of a house and the blue square, a house
Some of the subsidiaries are HDFC Bank, HDFC Life, HDFC Pension, HDFC Mutual Fund, HDFC Credila, HDFC Ergo, HDFC Property fund and a lot more.
An Initiative by HDFC
Ministry of Housing and Urban Poverty Alleviation (MoHUPA) has introduced in June 2015, an interest subsidy scheme called Credit Linked Subsidy Scheme (CLSS) under Pradhan Mantri Awas Yojana (URBAN)-Housing for All, for purchase/construction/extension/improvement of house to cater Economical Weaker Section (EWS)/Lower Income Group (LIG)/Middle Income Group (MIG), given the projected growth of urbanization & the consequent housing demands.
Their loan against property provides loan against fully constructed, freehold residential and commercial properties for: Business Needs; Marriage, medical expenses and other personal needs; transferring your outstanding loan availed from another Bank / Financial Institution. They have easy and hassle-free documentation. They have simple repayments through easy monthly instalments. They provide longer tenure with smaller EMI and attractive interest rates.
The H T Parekh Foundation is a Section 25 company, established by the Housing Development Finance Corporation Limited (HDFC).
The H T Parekh Foundation was established in October 2012 with the aim to undertake, pursue and be concerned with the welfare, betterment and advancement of society as a whole, irrespective of religion, race, community, caste, gender, language or social status. The Foundation is sector agnostic and works across a range of social interventions and development initiatives across India.
HDFC conducts a significant portion of its Corporate Social Responsibility through the Foundation.
The Foundation’s objective is to support and partner socially relevant projects and activities through NGOs and community-based organizations operating across India. With a view to achieving this goal we work across sectors, geographical locations and size to facilitate deep and long-term impact with partner organizations for a developed and inclusive society. They have initiatives in education, Health & Sanitization, Child Welfare, and many more.
They also believe in spreading generic awareness and having customer engagement through regular blog updates.
HDFC is a leading provider of Housing Finance in India. With their customized solutions they have fulfilled over 7 million dreams since inception. They pioneered housing finance in 1977. They have around 1.9 million deposit accounts. They have commendable experience in developing countries with nascent Housing Finance markets. They have Undertaken several consultancy assignments in housing finance in various countries across Asia, Africa and East Europe.
HDFC has an extensive distribution network of 546 interconnected offices (including 188 offices of HDFC Sales) with outreach programs to several towns and cities all over India. 3 representative offices in Dubai, London and Singapore offering Home Loan products to Non-Resident Indians and Persons of Indian Origin. They also have enhanced distribution through HDFC Sales, HDFC Bank and third-party Direct Selling Associates.