What is the Full Form of HDFC?
What is HDFC?
HDFC stands for Housing Development Finance Corporation. It is a leading financial institution in India that provides housing finance and a wide range of banking services. HDFC was established in 1977 to promote home ownership by providing long-term finance to individuals and businesses.
Services Offered by HDFC
HDFC offers various services including home loans, personal loans, education loans, insurance, and investment products. The corporation also provides banking services through HDFC Bank, one of the largest private sector banks in India.
Impact of HDFC on Housing Finance
HDFC has played a pivotal role in making housing finance accessible to a large number of people in India. It has contributed to the growth of the housing sector by offering affordable and flexible loan options.
FAQs on HDFC
Q. What is the HDFC Full Form?
Ans. HDFC full form is the Housing Development Finance Corporation.