FULL FORM OF HDFC

WHAT IS HDFC

      The full form of HDFC is Housing Development Finance Corporation. It is one of the leaders in the Indian housing finance market. Its headquarter is in Mumbai,India. It mainly provides housing loans to people to buy houses ,it also provides loan to the builders for the residential projects. It also has three representative offices in London,Dubai and Singapore to offer home loan projects.

HISTORY OF HDFC

   HDFC was established as a public limited company on 17 October 1977.It was promoted by the Industrial Credit and Investment Corporation of India. In 1980 HDFC introduced loan linked deposit scheme.

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