Hdfc Bank Tamil Nadu IFSC code, MICR code, Address
Hdfc Bank branch details in Tamil Nadu
Last Updated 22nd Mar 2017
Hdfc Bank has 245 branches in Tamil Nadu spread over 31 districts of Ariyalur, Chennai, Coimbotore, Cuddalore, Dharmapuri, Dindigul, Erode, Kanchipuram, Kanniyakumari, Karur, Krishnagiri, Madurai, Nagapattinam, Namakkal, Nilgiris, Perambalur, Pondicherry, Pudukkottai, Ramanathapuram, Salem, Sivaganga, Thanjavur, Theni, Thoothkudi, Tiruchiorappalli, Tirunelveli, Tiruppur, Tiruvallur, Tiruvannamalai, Tiruvarur, Vellore, Villupuram, Virudhunagar.
Chennai district, with 103 branches has the largest number of Hdfc Bank branches in Tamil Nadu followed by Coimbotore district with 27 branches and Madurai district with 10.
District wise distribution of Hdfc Bank branches in Tamil Nadu is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the district where the branch is located.
Leading official at HDFC Bank has said that the bank has revived its corporate loan business and witnessed a significant growth in the loan portfolio. As per the data, corporate loan portfolio of the bank has doubled to Rs. 60,000 crore in last three years.
Indian government has planned to disburse collateral free business loans worth Rs. 5 crore to Indian startups under its credit guarantee scheme. The government will cover up to 80 per cent of loans offered by banks to startups. The scheme is expected to encourage all prominent banks in India including HDFC Bank, ICICI, and SBI to become more active in offering business loans to start-ups. The scheme will be monitored and supervised by Department of Industrial Policy and Promotion.
Realty developers are rapidly shifting their focus from building luxury housing projects to affordable housing projects in order maintain their sales growth and reduce the impact of declining sales volume in other segments of the property market. As per a latest Cushman and Wakefield report, the shift has been witnessed after the government announced favourable guidelines for developers building affordable house units. Some of these guidelines include easing access of loans from banks such as SBI, PNB and HDFC Bank, grant of infrastructural status to affordable housing and reintroduction of RERA Act.
Government of India, in Union Budget 2017 announced various measures to encourage real estate developers operating in the Affordable Housing segment. Some of these measures include grant of infrastructure status to affordable housing, reintroduction of Real Estate Regulations Act and improving availability of housing loans from banks. As a result of these announcements, developers are shifting their focus from building luxury house units to affordable house units to drive sales and mitigate the impact of the overall slowdown in the property market.
HDFC Bank has reported a significant growth in its personal loan portfolio at 30 percent in FY17. The growth has been driven by increasing popularity of the digitized personal loan product of the bank launched last year and the bank’s ability to keep bad loans under check.Last year, HDFC Bank had launched a 10 second personal loan under which the bank receives a demand Rs. 500 crore of personal loans every month.
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