Credit Rating 'A

A A'

FAAA & MAAA rating affirmed for 20 consecutive years

by CRISIL & ICRA respectively.
RECURRING DEPOSITS (RD) PLAN
(Maturity Value)

(Fixed Rate Option)

Period (Months)

Rate of Interest (p.a.)*

Maturity Value # ( ` )

12

8.50%

12,553

24

8.50%

26,172

36

8.50%

40,950

* Interest is compounded annually on March 31.

48

8.50%

56,983

# Subject to (a) TDS where applicable (b) receipt of funds on 1st day
of every month (c) Monthly Installment Amount ` 1000/-

60

8.50%

74,379

Period (Months)

Rate of Interest (p.a.)

12 - 60

8.50%

Minimum Monthly Savings Amount - ` 2000/-

Product Features:

Monthly Savings Plan: RD is a monthly savings plan where one can save as little as ` 2000 per month and accumulate a larger
capital for future needs.
Convenience: RD provides the convenience of ECS (Debit clearing) facility where the monthly savings amount is automatically
transferred from the depositors bank account to the RD account every month on pre-determined dates.
Flexibility: Depositor has the flexibility to choose any deposit period between 12 and 60 months to plan the future needs.
Accumulation of interest: Interest will be accrued and credited (net of TDS) on 31st March every year.

HOW TO OPEN THE ACCOUNT

To open the account, one needs to submit the following
Deposit application form, along with KYC documents
Account Payee cheque for the initial monthly savings amount drawn in favour of HDFC Ltd.
ECS (debit clearing) Mandate for the subsequent deposit installments.

Interest Rates are subject to change and the rate applicable would
be the rate prevalent on the date of deposit.

RATES EFFECTIVE FROM

JANUARY 23, 2015

HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED

Regd. Office: Ramon House, H T Parekh Marg, 169, Backbay Reclamation, Churchgate, Mumbai 400 020.
Phones: 022-67546060 (for Deposits only) Toll Free No. 1-800-22-2022 (From MTNL & BSNL Phones)
CIN: L70100MH1977PLC019916 www.hdfc.com

Our loan facilities : Housing loans, Home Improvement loans, Home Extension loans,
Loans to Professionals and much more

Terms & Conditions

When the date of maturity falls on any day on which HDFC's office remains closed the repayment
will be made on the next working day. Repayment of deposit will be made by crediting the
amount directly to first depositor's bank account through NEFT.

DEPOSIT CAN BE PLACED BY

Resident Individuals and Hindu Undivided Family. This plan is available only at those centres
where ECS/Debit Clearing facility is available.

MODE OF ACCEPTANCE & OPERATION

Resident Individuals can open the RD account by remitting the first months savings amount
through an account payee cheque drawn in favour of HDFC Ltd, along with duly filled-in
application form and ECS (debit clearing) Mandate. The subsequent months savings
installments will be directly transferred through the ECS (debit clearing) system on predetermined dates every month as indicated in the application form/mandate. HDFC will issue
a Deposit Receipt for the initial deposit amount at the time of opening the account indicating
terms of the deposit. A consolidated statement of account giving details of all transactions will
be sent annually as of 31st March.
List of cities where ECS (debit-clearing) facility currently available is provided on the
reverse of the ECS Mandate Form.
Pre-determined date for installment payment
1st, 11th, 21st of every calendar month or next working day in case the date falls on any bank
holiday or Sunday.

INTEREST
Fixed rate option: Interest rate under this plan would be fixed for the entire period of the deposit.
Interest will be computed on each installment amount from the respective deposit date until
March 31st / maturity date and credited (net of TDS, if any) to the deposit account. Interest for
the subsequent year/s would be computed on the accumulated balance (principal and interest)
as of March 31st until the next March 31st or maturity date whichever is earlier.
DEDUCTION OF INCOME TAX AT SOURCE (TDS)
Income tax will be deducted at source under Section 194A of the Income Tax Act, 1961, at the
rates in force. If the depositor is not liable to pay income tax and the interest to be paid/credited
in a financial year does not exceed the maximum amount which is not chargeable to income
tax, the depositor may submit a declaration in Form No. 15G so that income tax is not deducted
at source. In such cases, PAN (Permanent Account Number) must be quoted in Form 15G,
else the form is invalid. Senior Citizens (60 years and above) may submit a declaration in
Form No. 15H.
Section 139A(5A) of the Income-tax Act, 1961 requires every person receiving any sum or
income from which tax has been deducted to intimate his PAN to the person responsible for
deducting such tax. Further, 139A(5B) requires the person deducting such tax to indicate the
PAN on the TDS certificate.
In case PAN is not mentioned, the rate of TDS would be 20% as per section 206AA(1) of the
Income-Tax Act, 1961. In case of deposits of ` 50,000 and above, it is mandatory to furnish
PAN.
PREMATURE WITHDRAWAL
Request for premature withdrawal may be permitted at the sole discretion of the
Corporation only and cannot be claimed as a matter of right by the depositor, subject to
the Housing Finance Companies (NHB) Directions, 2010 as applicable from time to time.
Premature withdrawal will not be allowed before completion of 3 months from the date of
deposit. In case of request for premature withdrawal after the expiry of three months, the rates
given in the following table shall apply.
Months completed from
the date of deposit

Rate of Interest Payable

After 3 months but

before 6 months

The maximum interest payable shall be 4% per annum for individual

depositor, and no interest in case of other category of depositors.
The interest payable shall be 1% lower than the interest rate applicable
for the period for which the deposit has run or if no rate has been
specified for that period, then 2% lower than the minimum rate at which
the public deposits are accepted by HDFC. The interest rate applicable
for the period for which deposit has run would be considered as
applicable on the respective interest reset dates.

After 6 months but before

the date of maturity

The brokerage is paid upfront for the entire period of deposit to our authorised agent. In case
of premature withdrawal the brokerage is payable for the period completed and excess
brokerage paid will be recovered from the deposit amount.
RENEWAL AND REPAYMENT OF DEPOSIT
For renewal or repayment of deposit, the duly discharged deposit receipt must be surrendered
to HDFC before the date of maturity. In case of renewal, the prescribed application form signed
by all depositors is also required to be submitted simultaneously.

NOMINATION FACILITY
Individual depositor/s, singly or jointly, can nominate a single person under this facility. In case
the deposit is placed in the name of a minor the nomination can be made only by a person
lawfully entitled to act on behalf of the minor. Power of attorney holder or any person acting in
representative capacity as holder of an office or otherwise cannot nominate. The nominee
shall have the right to receive the amount due in respect of the deposit and payment by HDFC
to the nominee shall constitute full discharge to HDFC of its liabilty in respect of the deposit.
Nominees' name will be printed on the Fixed Deposit receipt, unless mentioned otherwise.
'KNOW YOUR CUSTOMER (KYC)' COMPLIANCE
In terms of the Prevention of Money Laundering Act, 2002, the rules notified thereunder and
KYC Guidelines issued by the National Housing Bank (NHB), every depositor is required to
comply with the KYC requirements by submitting the following documents:
a) Latest photograph
b) Certified copy of the proof of identify
c) Certified copy of the proof of address
In case the depositor has already submitted the above documents in his earlier deposit, then
he need not submit the above documents again, but has to provide the reference of his customer
number or deposit number.
GENERAL
In the event of death of the first / sole depositor the repayment of deposit and payment of
interest will be made to the joint depositor first in order of survivor/s / nominee on submission
of death certificate without reference to the heirs and/or legal representatives of the deceased.
Any discharge given by the first-named depositor for principal and/or interest will be valid and
binding on all joint depositors. Deposits with HDFC are not transferable. Applications should
be complete in all respects and HDFC has a right to accept or reject any application without
notice, subject to the Housing Finance Companies (NHB) Directions, 2010.
Shareholders, Home Loan customers, customers referred by staff and high value depositors
may be offered an additional interest rate as decided by management from time to time. In
case such deposits are generated through our authorised agents, commission on such deposits
would be adjusted appropriately.
The Corporation has been assigned a rating of 'FAAA' by CRISIL and 'MAAA' by ICRA for its
fixed deposits.
Total amount of exposure including the non-fund based facilities, to companies in the same
group or other entities or business ventures in which directors and/or the Corporation are
holding substantial interest as on March 31, 2014 was ` 13,744.66 crores.
The deposits solicited by the Corporation are not insured.
HDFC has a right to change, amend, add or delete the terms and conditions without notice,
subject to the Housing Finance Companies (NHB) Directions, 2010, as applicable, from time
to time.
In case of any deficiency of the Corporation in servicing its deposits, the depositor may approach
the National Consumers Disputes Redressal Forum, the State Level Consumers Disputes
Redressal Forum or the District Level Consumers Dispute Redressal Forum for relief.
In case of non-repayment of the deposit or part thereof in accordance with the terms and
conditions of the deposit, the depositor may make an application to an authorised officer of
the National Housing Bank.
The financial position of the Corporation as disclosed and the representations made in the
application form are true and correct and that the corporation and its Board of Directors are
responsible for the correctness and veracity thereof.
The deposit acceptance activities of the corporation are regulated by the National Housing
Bank. It must, however, be distinctly understood that the National Housing Bank does not
undertake any responsibility for the financial soundness of the Corporation or for the correctness
of any of the statements or the representations made or opinions expressed by the Corporation,
and for repayment of deposit/discharge of liabilities by the corporation. HDFC Deposits
programme is designed in accordance with NHB Regulations with the objective to channelise
resources for housing.
FOR AUTHORISED AGENTS
Agents are not authorised to accept cash from depositors or issue receipt on behalf of HDFC
for deposits. Please ensure that your name and code number is clearly mentioned in the box
provided in the Application Form to enable payment of brokerage. Application Forms received
without your name and code number will not be considered for payment of brokerage. Ensure
that Bank Mandate filled in by the depositor is dully filled in and signed by the depositor for
remitting subsequent installments. The mandate form has to be attested by the depositor's
bank and should be submitted to HDFC along with application for further action. Brokerage
will be paid to Authorised Agents at the rate decided by the management.

PROVISIONAL RECEIPT
Date: _____________________

www.hdfc.com

Received from _________________________________________________ cheque / HDFC Deposit Receipt No. __________________________________ for
` ________________ dated ___________ drawn on ________________________________________________ Bank _______________________ Branch for HDFC

Recurring Deposits Plan (RDP) for a period of _____ months @ _______% per annum
For HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
VALID SUBJECT TO REALISATION OF CHEQUE

Authorised Signatory

We also accept Deposits from Religious Trusts, Educational Institutions & Charitable Trusts

"A LITTLE SAVING TODAY FOR A SECURE TOMORROW"

HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED

Regd. Office: Ramon House, H T Parekh Marg,
169, Backbay Reclamation, Churchgate, Mumbai 400 020.
CIN: L70100MH1977PLC019916

Agents Name:
Code No.:

www.hdfc.com

ANANDARAMAN R
MA/36829

APPLICATION FORM FOR RECURRING DEPOSITS (RD) PLAN

PLEASE USE BLOCK LETTERS AND TICK

IN APPROPRIATE PLACES (PREFERABLY IN BLACK INK) Date : __________________

Agents are not permitted to accept cash with application form and issue receipt. HDFC will in no way be responsible for such or other wrong tenders.

I/We apply for opening a deposit account under Recurring Deposits Plan at
Rate of Interest (On the date of opening deposit):
Interest Rate Option :

Fixed Rate (for 12-36 Months)

Member of public

CATEGORY :
STATUS:

Resident Individual

Branch for a period of

months.

% p.a.

IGNORE if already
submitted earlier

Variable Rate (for 48-72 Months)

Share holder

Affix a latest
photograph.
(DO NOT STAPLE)

Director/Relative of Director

Hindu Undivided Family DEPOSIT REPAYABLE TO:

Employee

First Depositor

First Depositor or Survivor/s

Date of Birth

Gender

Depositor's Name (in Block Letters)

Compulsory

M/F

1. First / Sole
Guardian's Name
(in case of Minor)

2. Second
ADDRESS OF FIRST/SOLE DEPOSITOR

Income-tax Permanent Account No. (PAN) for

1st Depositor :

City:

Pin:

Tax to be deducted
Yes
No
If No please furnish form no.15 G/H immediately.

Email/SMS alerts for all transactions relating to my Mobile:

deposit/s with HDFC may be sent to the following: E-mail:

(Pan is compulsory on Form 15G or Form 15H)

If KNOW YOUR CUSTOMER (KYC) information is already submitted, Please Mention Your Customer Number
for First Depositor:
OR Kindly Submit Proof of Identity and Residence for our records.
Proof of Identity (Submit ANY ONE of the following certified documents)
Passport

Photo PAN Card

Voter's Identity Card

Driving License

Proof of Address (Submit ANY ONE of the following certified documents)

Latest Telephone Bill

UID / Aadhaar Card

Latest Electricity / Gas Bill

Latest Bank Account Statement

Any other Identification with Photograph (Subject to satisfaction of HDFC)

Registered Rent Agreement

PAYMENT DETAILS
Cheque No.:

BANK DETAILS
Bank Account No.

Dated :

MICR Code :

Installment Amount Rs.:

Name of the Bank :

IFSC Code :

Latest Demat Account Statement

Ration Card

Any other Address Proof (Subject to satisfaction of HDFC)

Branch :

The above Bank account information must match with the ECS (debit clearing) Mandate given to HDFC towards monthly contributions into the RD account. Also please note that HDFC will credit the repayment proceeds (including accumulated
interest) to the above bank account upon the depositor submitting discharged receipt for the same.
I/We hereby declare that the first named depositor is the beneficial owner of this deposit and as such he/she should be treated as the payee for the purpose
of tax deduction under Section 194A of the Income Tax Act, 1961. I/We hereby agree to abide by the attached terms and conditions governing this deposit plan.
I/We have gone through the financial and other statements/particulars/representations furnished/made by the Corporation and after careful consideration I/We
am/are making the deposit with the Corporation at my/our own risk and volition.
I/We further declare that, I/We am/are authorized to make this deposit and that the amount kept in the deposit is through legitimate source and does not involve
directly or indirectly any proceeds of schedule of offence and/or is not designed for the purpose of any contravention or evasion of the provisions of the
Prevention of Money Laundering Act, 2002 and any Rules, Regulations, Notifications, Guidelines or Directions thereunder, as amended from time to time. I/
We shall provide any further information and fully co-operate in any investigation as and when required by the Corporation in accordance to the applicable Law.
I/We further affirm that the information/details provided by me/us is/are true and correct in all respect and nothing has been concealed.

SIGNATURE OF DEPOSITOR(S)
First/Sole/
Guardian
:
Second

MANDATE FORM FOR ECS (DEBIT CLEARING)

I/We hereby, authorise HDFC Ltd. and their authorised service providers to debit my/our following bank account by ECS (Debit Clearing) for collection of RD monthly savings amount.
Bank Name
Branch Name

Bank City

Account Number

Account Type

9 Digit MICR Code

Savings

Current

(Please enter 9 digit number that appears after the cheque number)

Accountholder Name
as in Bank Account
Name of the Scheme

Date of Effect (Tick the date)

Recurring Deposits Plan

1st

11th

21st

Periodicity

Amount of Installment

Number of Installments

Start Date*

End Date

Monthly

*There should be a minimum gap of 20 days and a maximum of 50 days between the account opening date and the first installment of RD through ECS (Debit Clearing)
I hereby declare that the particulars given above are correct and
complete. If the transaction is delayed or not effected at all for reasons
of incomplete or incorrect information, I would not hold the user
institution responsible. I have read the terms and conditions of this
product and shall abide by the same and agree to discharge the
responsibility expected of me as a participant under the scheme.

Account
Holder's Signature/s
(As in Bank Records)

BANKER'S ATTESTATION (FOR BANK USE ONLY)

Certified that the signature of account holder and the details of
Bank account and its MICR code are correct as per our records.

Ref No.:

Signature of Authorised Official from Bank (Bank Stamp and Date)

Bank Account Number

FORM DA - 1
NOMINATION (Must be signed by the depositor(s) & witnessed)
Nomination under Section 36B of the National Housing Bank Act 1987 and Rule 2(1) of the Banking Companies (Nomination) Rule
1985 in respect of HDFC deposits. I/We nominate the following person to whom in the event of my / our / minor's death the amount
of this deposit may be returned by HDFC Ltd. and Nominees' name shall/shall not be printed on the Fixed Deposit receipt.
Name of Nominee
Flat No. &
Bldg. Name
Road No. / Name
City

Pin Code

State

Tel./Mobile
Relationship with Depositor (if any)

Age of nominee

Date of Birth of nominee (if minor)*

* As the nominee is a minor on this date, I/We appoint (Name, address & age)
to receive the
amount of the deposit on behalf of the nominee in the event of my / our / minor's death during the minority of the nominee.
* Leave out if nominee is not a minor. Where deposits are made in the name of a minor, the nomination should be signed by a person lawfully entitled to act on behalf
of the minor.

Names and Addresses of witnesses for nomination.

(Only in case of Thumb impression(s))

1)

SIGNATURE OF DEPOSITOR(S) FOR NOMINATION

2)

Place & Date

Place & Date

Signature of witness(es)

Signature of witness(es)

SECOND

: _______________________________

FOR OFFICE USE ONLY

Deposit Receipt No.

Stationery Serial No.

Date of Receipt

Date of Deposit

Checked by

Authorised by

List of cities where ECS (debit clearing) facility is currently available

Agra
Ahmedabad
Allahabad
Amritsar
Anand
Asansol
Aurangabad
Belgaum
Bengaluru

Bijapur
Bikaner
Burdwan
Chandigarh
Chennai
Coimbatore
Cuttack
Davangere
Dehradun

Gadag
Gangtok
Gorakhpur
Gulbarga
Guwahati
Gwalior
Haldia
Hassan
Hubli

Jaipur
Jalandhar
Jammu
Jamnagar
Jamshedpur
Jodhpur
Kakinada
Kanpur
Kolhapur

Ludhiana
Madurai
Mandya
Mangalore
Mumbai
Mysore
Nagpur
Nashik
Nellore

Pune
Raichur
Raipur
Rajkot
Ranchi
Salem
Shillong
Shimla
Shimoga

Tiruchirapalli
Tirunelveli
Tirupati
Tirupur
Thrissur
Tumkur
Udaipur
Udupi
Vadodara

Bhavnagar
Bhilwara
Bhopal
Bhubaneshwar

Dhanbad
Durgapur
Ernakulum
Erode

Hyderabad
Imphal
Indore
Jabalpur

Kolkata
Kota
Kozhikode
Lucknow

New-Delhi
Panaji
Patna
Puducherry

Sholapur
Siliguri
Surat
Thiruvananthapuram

Varanasi
Vijayawada
Visakhapatnam

G146/01/15/25

FIRST/SOLE/
GUARDIAN : _______________________________

(d) Brief particulars of the management of the Corporation:

PARTICULARS AS REQUIRED UNDER NON BANKING FINANCIAL

COMP
ANIES AND MISCELLANEOUS NON BANKING COMP
ANIES
COMPANIES
COMPANIES
(ADVERTISEMENT) RULES 1977.
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Registered Office: Ramon House, H T Parekh Marg, 169, Backbay Reclamation, Churchgate, Mumbai 400 020.
Corporate Office: HUL House, H T Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai 400 020.
Deposit Centre: Mistry Bhavan, 122, Backbay Reclamation, Churchgate, Mumbai 400 020.
Phones: 67546060 (for Deposits only), 66316000, 22820282. Fax: 22821366.
(a) Name of the Company: HOUSING DEVELOPMENT FINANCE
CORPORATION LIMITED (HDFC) (CIN: L70100MH1977PLC019916)
(b) Date of Incorporation: October 17, 1977

The Corporation is managed by the Board of Directors comprising of eminent persons

with wide experience and knowledge. Subject to superintendence, direction and control
of the Board of Directors, substantial powers of management are vested in three of its
Executive Directors, viz., Mr. Keki M Mistry, Vice Chairman & Chief Executive Officer,
Ms. Renu Sud Karnad, Managing Director and Mr. V. Srinivasa Rangan, Executive Director.

(e) Names, addresses and occupations of the Directors:

NAME

ADDRESS

OCCUPATION

Mr. Deepak S. Parekh

(Chairman)

Housing Development Finance Corpn. Ltd.,

Ramon House, H. T. Parekh Marg,
169, Backbay Reclamation, Mumbai 400 020.
Bansi S Mehta & Company, Chartered Accountants,
Merchant Chamber, 41, New Marine Lines, Mumbai 400 020.
Flat No. 5, Priya Co-op. Hsg. Soc. Ltd, 9, Khan Abdul
Gaffar Khan Road, Worli Sea Face, Mumbai 400 030.
The Peerless General Finance and Investment Co. Ltd.
Anuj Chambers, 24B Park Street, 5th Floor, Kolkata 700 016.
Bldg No.17, Flat No.31, MHB Colony, Opp Lilavati Hospital,
Bandra Reclamation, Bandra (W), Mumbai 400 050.
Flat No. 2102, Planet Godrej Aqua Tower II, K K Marg,
Jacob Circle, Mahalaxmi, Mumbai 400 011.
Development Credit Bank Limited,
Peninsula Business Park, Tower A, 6th Floor,
Senapati Bapat Marg, Lower Parel, Mumbai 400 013.
4, Babar Road, Near Bengali Market, New Delhi 110 001.
7 Beldih Lake, Northern Town, Jamshedpur,
Jharkhand 831 001
Housing Development Finance Corpn. Ltd.,
Ramon House, H. T. Parekh Marg,
169, Backbay Reclamation, Mumbai 400 020.
Housing Development Finance Corpn. Ltd.,
The Capital Court, Munirka, Outer Ring Road,
Olof Palme Marg, New Delhi 110 067.
Housing Development Finance Corpn. Ltd.,
Ramon House, H. T. Parekh Marg,
169, Backbay Reclamation, Mumbai 400 020.

Professional Director

Mr. B. S. Mehta
Mr. D. M. Sukthankar
Mr. D. N. Ghosh

(c) Business carried on by the Company and its subsidiaries with details of branches: HDFC
is a public limited company primarily engaged in the business of providing housing finance by creating an
institutional facility for meeting the needs of people for long-term finance for purchase/construction of
residential houses anywhere in India.
The Corporation has fifteen wholly owned and nine other subsidiaries viz.:
l HDFC Developers Limited carries on the business of real estate development l HDFC Investments Limited carries on the
business of investments in stocks, shares, debentures and other securities l HDFC Holdings Limited carries on the business of
investments in stocks, shares, debentures and other securities l HDFC Trustee Company Limited acts as a Trustee for HDFC
Mutual Fund l HDFC Realty Limited is engaged in the business of real estate broking and related services l HDFC Ventures
Trustee Company Limited acts as a Trustee for HDFC Property Fund l HDFC Property Ventures Limited is engaged in advisory
services l HDFC Sales Private Limited acts as a distributor of home loans and other financial products l HDFC Education and
Development Services Private Limited is engaged in the provision of education services l Windermere Properties Private Limited
is engaged in monetising value of properties owned l Grandeur Properties Private Limited is engaged in monetising value of
properties owned l Winchester Properties Private Limited is engaged in monetising value of properties owned l Pentagram
Properties Private Limited is engaged in monetising value of properties owned l Haddock Properties Private Limited is engaged
in monetising value of properties owned l HDFC Venture Capital Limited carries on the business of managing HDFC Property
Fund l HDFC Standard Life Insurance Company Limited is engaged in the business of life insurance l HDFC ERGO General
Insurance Company Limited is engaged in the business of general insurance l HDFC Asset Management Company Limited
carries on the business of managing Mutual Fund schemes l GRUH Finance Limited is engaged in the business of providing
housing finance l Griha Investments, (Mauritius) a wholly owned subsidiary of HDFC Holdings Limited acts as an investment
manager to HI-REF International LLC and its subsidiaries in Mauritius l Credila Financial Services Private Limited is engaged in
providing education loan for higher studies l HDFC Pension Management Company Limited, a wholly owned subsidiary of HDFC
Standard Life Insurance Company Limited acts as a pension fund manager l Griha Pte. Limited, a wholly owned subsidiary of
HDFC Investments Limited carries out private equity asset/fund management/investment advisory services l H T Parekh Foundation,
a not for profit company licensed under section 25 of the Companies Act, 1956.
The Corporation has Branch Offices/Service Centers at the following places:
AGRA Tel: 0562-2526769/70. AHMEDABAD (Navrangpura) Tel: 079-66307000. Extn. 110 (for Deposits Only). AHMEDABAD (Maninagar) Tel: 64501855.
AHMEDABAD (Satellite) Tel: 079-64501864. AHMEDNAGAR Tel: 0241-6605222. AJMER Tel: 0145-5120888 (for Deposits Only), 5120888, 2433392.
AKOLA Tel: 0724-2442454, 2430244. ALWAR Tel: 0144-2702739. ALLAHABAD Tel: 0532-2260325. AMBALA Tel: 0171-2630880, 2630711. AMRAVATI
Tel: 0721-2666009/987. AMRITSAR Tel: 0183-5010512, 2500851. ANAND Tel: 02692-255514/7. ANKLESHWAR Tel: 02646-227771/2. AURANGABAD
Tel: 0240-6616503 (for Deposits Only), 6616510, 6616500. BAREILLY Tel: 0581-2477496. BEAWAR Tel: 01462-251691, 513888, 513788. BELGAUM
Tel: 0831-2427091-93. BENGALURU (Kasturba Road) Tel: 080-41183213 (for Deposits Only), 41183000, 41183232. BENGALURU (Rajaji Nagar)
Tel: 080-23506416/17/46. BENGALURU (Electronic City) Tel: 9900950600. BENGALURU (Jayanagar) Tel: 080-26653336 (for Deposits Only), 26544471.
BENGALURU (Koramangala) Tel: 080-25501089 (for Deposits Only), 25633478. BENGALURU (Marathahalli) Tel: 080-41183000/25400232.
BENGALURU (Sahakaranagar) Tel: 080-23626361/62. BHARUCH Tel: 02642-238444, 238555. BHATINDA Tel: 0164-501 2218-19. BHILAI Tel:
0788-4040840/1. BHILWARA Tel: 01482-232901/2 (for Deposits Only), 232902. BHIWADI Tel: 01493-512739, 512849. BHOPAL (MP Nagar) Tel: 07554047700 (for Deposits Only), 4277772, 4273330. BHOPAL (Kamla Bhawan) Tel: 0755-4229990. BHUBANESWAR Tel: 0674-2531350 (for Deposits
Only), 2395060. BHUBANESWAR (Patia) Tel: 0674-2726724/8/9. BIKANER Tel: 0151-5130716, 5130715. BILASPUR Tel: 7752-432301/2/3. BULDHANA
Tel: 07262-246301/2. CALICUT Tel: 0495-2367656/7. CHANDIGARH Tel: 0172-3011324 (for Deposits Only), 3989123, 3011300. CHANDRAPUR Tel:
07172-271563-5. CHENNAI (Anna Salai) Tel: 044-28599322/52 (for Deposits Only), 28599300. CHENNAI (Adyar) Tel: 044-23452003. CHENNAI
(Anna Nagar) Tel: 044-23451998/1999. CHENNAI (Kodambakkam) Tel: 044-23454008 (for Deposits Only), Tel: 24815656, 24815005. CHENNAI
(OMR) Tel: 044-23454004/4003. CHENNAI (Porur) Tel: 044-24764071, 24764081. CHENNAI (Tambaram) Tel: 044-23454001-05. CHENNAI (Velacherry)
Tel: 044-2246 3711/2246 3712. CHENNAI (DLF IT Park) Tel: 044-22520635, 22520735. CHENNAI (Egmore) Tel: 044-2345 2070/71. CHENNAI
(Ambattur) Tel: 044-2345 2077/2078/2079. COIMBATORE (Kamaraj Road) Tel: 0422-4343913 (for Deposits Only), 4301100. COIMBATORE (NSR
Road) Tel: 0422-4399881/2. COIMBATORE (Ganapathy Sathy) Tel: 0422-4200211/4200311. CUTTACK Tel: 0671-2332109 (for Deposits Only), 2332061,
2332093. DEHRADUN (Rajpur Road) Tel: 0135-3052222/58 (for Deposits Only), 6672222, 18604204222. DEWAS Tel: 07272-254550, 404285. DHULE
Tel: 02562-273500. DURGAPUR Tel: 0343-2549776 (for Deposits Only), 2549778. ERODE Tel: 0424-2240928/29. FARIDABAD Tel: 0129-2226912/6.
GANDHIDHAM Tel: 02836-228704/5. GANDHINAGAR Tel: 079-65727261/2/3. GHAZIABAD (Lohia Nagar) Tel: 0120-2721446, 2723116. GHAZIABAD
(Vaishali) Tel: 0120-4233253-54. GOA Tel: 0832-2234172 (for Deposits Only), 2234 172. GORAKHPUR Tel: 0551-3248100. GULBARGA Tel: 08472241966. GUNTUR Tel: 0863-2217538/2268628. GURGAON (Mehrauli-Gurgaon Road) Tel: 0124-4061772-3, 4060961. GURGAON (Sector 14) Tel:
0124-4367801/2. GUWAHATI (Six Mile) Tel: 0361-2360063. GUWAHATI (Chenikuthi) Tel: 0361-6118888 (for Deposits Only). GWALIOR Tel: 07514011970/1/3. HALDWANI Tel: 05946-311000. HARIDWAR Tel: 01334-324100, 265325. HISAR Tel: 01662-313106. HOSUR Tel: 04344-244888/247444.
HUBLI Tel: 0836-2356345. HYDERABAD (Basheer Bagh) Tel: 040-67699040 (for Deposits Only), 66475001 (10 lines). HYDERABAD (Dilsukhnagar)
Tel: 040-24540845/47. HYDERABAD (Gachibowli) Tel: 040-23006347, 23006348. HYDERABAD (Kukatpally) Tel: 040-64632500 (for Deposits Only),
23155944. HYDERABAD (Panjagutta) Tel: 040-67699101 (for Deposits Only), 23414855/6. SECUNDERABAD (Tarnaka) Tel: 040-27014041, 27006950.
INDORE (M G Road) Tel: 0731-4252432 (for Deposits Only), 4223300, 4433333. INDORE (Vijay Nagar) Tel: 0731-4756400-10. INDORE (Prabhu
Nagar) Tel: 0731-4028222. IRINJALAKUDA Tel: 0480-2821589. JABALPUR Tel: 0761-4092000. JAIPUR (Ashok Marg) Tel: 0141-5150804/05 (for
Deposits Only), 5150888, 2377171-3. JAIPUR (Jagatpura) Tel: 0141-5141888, 5141015, 5141017. JAIPUR (Mansarovar) Tel: 0141-2781981, 2780989.
JAIPUR (Vaishali Nagar) Tel: 0141-5110410, 5110411. JALANDHAR Tel: 0181-2277444/45/46. JALGAON Tel: 0257-2220762. JAMMU Tel: 01912477707/08 (for Deposits Only), 2477709. JAMNAGAR Tel: 0288-6450156, 6450158. JAMSHEDPUR Tel: 0657-2428733/2424518 (for Deposits Only),
2756517, 6458733. JHANSI Tel: 0510 -3290532. JODHPUR Tel: 0291-5134888, 2644448, 2644449. KAKINADA Tel: 0884-6568002/3. KANHANGAD
Tel: 0467-2200 599/699. KANNUR Tel: 0497-2765850. KANPUR Tel: 0512-2306744/60 (for Deposits Only), 3259998, 2306744. KARNAL Tel: 0184-645
1231-32. KOCHI (M. G. Road) Tel: 0484-3011228/32 (for Deposits Only), 3011200. KOCHI (Aluva) Tel: 0484-2629575/4456999. KOCHI (Kakkanad)
Tel: 0484-2415555, 6493030. KOCHI (Palarivattom) Tel: 0484-2803043, 2803082. KOLHAPUR Tel: 0231-2664034/ 2664035. KOLKATA (Jeevandeep)
23215060, 23018 300, 22886256, 22884645. KOLKATA (Behala) Tel: 033-24468392. KOLKATA (Chandannagore) Tel: 033 26830059/64589933.
KOLKATA (Cooke and Kelvey) Tel: 033 66086200 (for Deposits only). KOLKATA (Garia) Tel: 033-24351082, 24357011. KOLKATA (Salt Lake City)
Tel: 033-23215949, 23217009. KOLLAM Tel: 0474-3255000, 2762551/2. KOTA Tel: 0744-2436981 (for Deposits Only), 2436981, 2436982. KOTTAYAM
Tel: 0481-2304985, 2566136. LUCKNOW (Ashok Marg) Tel: 0522-3982623 (for Deposits Only), 3989123. LUCKNOW (Aliganj) Tel: 0522-2763494 (for
Deposits Only), 3263952, 2745249. LUCKNOW (Gomti Nagar) Tel: 0522-2303770. LUDHIANA (Pakhowal Road) Tel: 0161-2429856, 5025184.
LUDHIANA (Chandigarh Road) Tel: 0161-2680043, 2680045. MADURAI Tel: 0452-2350720. MALAPPURAM Tel: 0483-2738873/4. MANGALORE
Tel: 0824-2445220. MATHURA Tel: 0565-2420116, 2420117. MARTHANDAM Tel: 04651-271744, 272744. MEERUT 4058791/2/3/4. MEHSANA Tel:
02762-654001/02. MOGA Tel: 01636-509020-21. MOHALI Tel: 0172-2220116, 2220130, 2225774. MORADABAD Tel: 0591-2485100. MUMBAI
(Churchgate) Tel: 022-67546060 (for Deposits Only) 66316000, 22820282. MUMBAI (Andheri East) Tel: 022-26839958/60 (for Deposits Only), 26830048/
49/50. MUMBAI (Andheri West) Tel: 022-26733981-3. MUMBAI (Andheri-Kurla Road) Tel: 022-28304251-3. MUMBAI (Bandra Kurla Complex)
Tel: 022-26500951/52/53. MUMBAI (Borivali-Ramdas Sutrale Marg) Tel: 022-2893 7152/55, 28907153. Mumbai [Borivali-L T Road (Deposits)]
Tel: 022-28937000, 28937001. MUMBAI (Chembur) Tel: 022-25291188/8838. Mumbai [Dadar (Investor Services Dept.)] Tel: 022-61413902 (for
Deposits Only), 24146267/68, 61413900. MUMBAI [Ghatkopar (Deposits)] Tel: 022-25011284. Mumbai (Goregaon) Tel: 022-67546111. Mumbai
(Goregaon East) Tel: 022-28497102/3, 28497104/5. MUMBAI (Lower Parel) 6620 0000. MUMBAI (Malad) Tel: 022-65990487 (for Deposits Only),
Tel: 022-65990488/89/ 90. MUMBAI (Mira Road) Tel: 022-65990265/66/67. MUMBAI (Mulund) Tel: 022-25675733 (for Deposits Only), 022-25655633/
733. MUMBAI (Parel Credit Risk Management) Tel: 022-66113033/34 (for Deposits Only), 66113000. MUMBAI (Vikhroli) Tel: 022-25186624/25/26.
MUMBAI (Virar) Tel: 0250-2511654-6. AMBERNATH Tel: 0251-2603168/9. BOISAR Tel : 02525-645435, 645433. DOMBIVALI Tel: 0251-2861473 (for
Deposits Only), 0251-2861473/74. KALYAN Tel: 0251-2201580/3. THANE (Gokhale Road) Tel: 022-65288415 (for Deposits Only), 25451114-6. THANE
(Vikas Complex) Tel: 022-25471568/70. VASHI (Navi Mumbai) Tel: 022-27892911 (for Deposits Only), 65165201-4. KOPARKHAIRANE (Navi Mumbai)
Tel: 022-27550615-18. SEAWOODS (Navi Mumbai) Tel: 022-27718787, 27718789. NEW PANVEL Tel: 022-65166242/3/4. MUVATTUPUZHA Tel:
0485-2833533. MYSORE Tel: 0821-2545614, 2545615. NAGERCOIL Tel: 04652-325500, 237192/93, 227044. NAGPUR (Civil Line) Tel: 0712-6620518
(for Deposits Only), 2566000, 2527888, 2522123. NAGPUR (Kadbi Chowk) Tel: 0712-2542918. NAGPUR (Khamla Ring Road) Tel: 0712-2289220.
NASHIK (Sharanpur Link Road) Tel: 0253-6606808 (for Deposits Only), 6606000. NASHIK (Indira Nagar) Tel: 0253-6611938, 6611939. NASHIK
(Panchavati) Tel: 0253-6452177. NASHIK ROAD Tel: 0253-2459925/26 (for Deposits Only), 2459924, 2459925. NELLORE Tel: 0861-2302347.
NEW DELHI (Munirka) Tel: 011-41596618 / 19 / 70 (for Deposits Only), 41115111. NEW DELHI (Dwarka) Tel: 011-45572405, 45572406. NEW DELHI
(Lodhi Road) Tel: 011-43792100, 24601574, 24601577, 24643755. NEW DELHI (Netaji Subhash Place) Tel: 011-47292032/33/34. NEW DELHI
(Vikas Puri) Tel: 011-28540989/90. NEW DELHI (Connaught Place) Tel: 011-41514836 (for Deposits only), 011-41514836. NOIDA Tel: 0120-4351299/
302/303/304. NOIDA (Sector 62) Tel: 0120-2405501, 2405502. PALAKKAD Tel: 0491-2536481/2. PANCHKULA Tel: 0172-2556464/2556426. PATIALA
Tel: 0175-2209273, 5002786. PATHANKOT Tel: 0186-2230452, 2220453. PATHANAMTHITTA Tel: 0468-2271372. PATNA Tel: 0612-6458889/2501194
(for Deposits Only), 2502522-23. PITHAMPUR Tel: 07292-252127, 400964. PUDUCHERRY Tel.: 0413-2205421/2205431. PUNE (University Road)
Tel: 020-25505121/22 (for Deposits Only), 25505000. PUNE (Baner) Tel: 020-66057077/78. PUNE (Camp) Tel: 020-26351738, 26348602. PUNE
(Chinchwad) Tel: 020-27371736, 27370219. PUNE (Hadapsar-Magarpatta City) Tel: 020-26898395, 26898412. PUNE (Kothrud) Tel: 020-25453592/3.
PUNE (Nagar Road) Tel: 020-26685258, 26699149. PUNE (Sinhagad Road) Tel: 020-24350084/24350151. RAJAHMUNDRY Tel: 0883-6578181.
RAIPUR Tel: 0771-4243100 (for Deposits Only), 4243110-25. RAJKOT Tel: 0281-6641147/6 (for Deposits Only), 2472337/8. RANCHI Tel: 0281-2331055/
09431389684 (for Deposits Only), 2331055, 2330823. RATLAM Tel: 07412-406666. RATNAGIRI Tel: 02352-224022, 224023. REWARI Tel: 1274-22112/3.
ROHTAK Tel: 01262-255467/8/9. ROPAR Tel: 01881-224986, 226986. ROURKELA Tel: 0661-2401061/60. RUDRAPUR Tel: 05944-244422, 606888,
18604204222. SAGAR Tel: 07582-406093/227503. SALEM Tel: 0427-2314486/7. SAHARANPUR Tel: 0132-2760200. SANGLI Tel: 0233-2329892/3.
SATARA Tel: 02162-226400, 227901. SILIGURI Tel: 0353-2640716. SHIMLA Tel: 0177-2626711. SOLAPUR Tel: 0217-2316804/5. SURAT (Adajan)
Tel: 0261-6711933/35 (for Deposits only), 6711800. SURAT (Majura Gate) Tel: 0261-2479371, 2475954. SURAT (City Light) Tel: 0261-2213201/2.
TIRUPATI Tel: 0877-6645833, 6645834. THIRUVALLA Tel: 0469-2600051. THIRUVANANTHAPURAM (Vazhuthacaud) Tel: 0471-3020300/2324224
(for Deposits Only), 3255000, 2325731. THIRUVANANTHAPURAM (Technopark) Tel: 0471-2700701. THIRUVANANTHAPURAM (Kazhakuttam)
Tel: 0471-2417708. THIRUVANANTHAPURAM (Mavelikkara) Tel: 0479-2344411/2. THRISSUR Tel: 0487-2389790/1/2. TIRUCHIRAPALLI Tel: 04312412744, 2414744. TIRUNELVELI Tel: 0462-3255000, 2577822/833. TIRUPPUR Tel: 0421-4242901-2. TUTICORIN Tel: 0461-3255000, 2300707/807.
UDAIPUR Tel: 0294-5100850 (for Deposits Only), 5100840/50. UJJAIN Tel: 0734-4010222. VADODARA (Race Course) Tel: 0265-2356837 (for Deposits
Only), 2308400, 2356397, 2320240. VADODARA (Waghodia Road) Tel: 0265-2514164, 2512364. VAPI Tel: 0260-2462573/93. VARANASI Tel: 05422420485/86. VIJAYAWADA Tel: 0866-2483262. VISAKHAPATNAM Tel: 0891-2552876. YAMUNA NAGAR Tel: 01732-320547.
International offices: DUBAI Tel: +971-4-3961825. LONDON Tel: + 44 (0) 20 7872 5545, + 44 (0) 20 7872 5547 and + 44 (0) 20 7872 5542.
SINGAPORE Tel: + 65 65367000.

Dr. S. A. Dave
Dr. Ram S. Tarneja
Mr. Nasser Munjee

Dr. Bimal Jalan

Dr. J. J. Irani
Mr. V. Srinivasa Rangan
(Executive Director)
Ms. Renu Sud Karnad
(Managing Director)
Mr. Keki M. Mistry
(Vice Chairman &
Chief Executive Officer)

Practising Chartered
Accountant
Professional Director
Professional Director
Professional Director
Management
Professional
Professional Director

Professional Director
Professional Director
Company Executive

Company Executive

Company Executive

(f & g) Profits and Dividends:

Financial
Year Ended
31.03.2014
31.03.2013
31.03.2012

Profit before tax

(` in crores)
7,440.24
6,572.84
5,665.62

Equity Dividend
Per share ((`))
14.00*
12.50
11.00

Profit after tax

(` in crores)
5,440.24
4,848.34
4,122.62

* Subject to Shareholders approval.

(h) Summarized financial position of the Corporation as in the two audited balance sheets
immediately preceding the date of advertisement:
(` in crores)
As at March 31, 2014
Liabilities
Paid-up Equity Share Capital
312.10
Reserves and Surplus
27,643.09
Secured Loans
1,10,186.37
Unsecured Loans
41,208.32
Current Liabilities and Provisions
46,407.51
Total
2,25,757.39
Assets
Loans
1,96,554.39
Fixed Assets
280.48
Investments
13,912.65
Current Assets, Loans and Advances
14,380.00
Deferred tax asset
629.87
Total
2,25,757.39

As at March 31, 2013

309.27
24,520.94
90,871.77
67,956.34
11,702.64
1,95,360.96
1,69,570.84
237.94
13,613.46
11,307.34
631.38
1,95,360.96

Brief particulars of Contingent Liabilities: Contingent liabilities in respect of guarantees

provided by the Corporation is ` 435.26 crores (Previous year ` 203.00 crores), in respect of
income tax demands, net of amounts provided for and disputed by the Corporation is ` 919.19
crores (Previous year ` 818.73 crores), in respect of corporate undertakings provided for
securitisation of receivables ` 1,943.05 crores (previous year ` 1,939.31 crores) and in respect
of disputed dues towards sales tax, wealth tax, interest on lease tax, and payments towards
employers contribution to ESIC not provided for by the Corporation, amounts to ` 0.15 crores
(Previous year ` 0.15 crores).

(i) The amount of Public Deposits which the Corporation can raise under the Housing Finance
Companies (NHB) Directions, 2010 is equivalent to 5 times of the net owned funds i.e.
` 1,01,425.40 crores whereas the total Public Deposits as on March 31, 2014 was
` 41,551.16 crores. The amount of aggregate deposits, including Public Deposits, which
the Corporation can raise is 16 times of the net owned funds i.e. ` 3,24,561.28 crores
whereas the aggregate deposits as on March 31, 2014 was ` 1,84,740.65 crores.

(j) There are no overdue deposits other than unclaimed deposits.

(k) We declare that:
i) The Corporation has complied with the provisions of the Directions as applicable to it;
ii) The compliance with the said Directions does not imply that repayment of deposits is
guaranteed by the Reserve Bank of India and the National Housing Bank.
iii) The deposits accepted by the Corporation are unsecured and rank pari passu with
other unsecured liabilities, save and except the floating charge created on the statutory
liquid assets maintained in terms of sub-sections (1) & (2) of Section 29B of the National
Housing Bank Act, 1987, as may be prescribed by NHB, from time to time.
The Corporation is having a valid Certificate of Registration dated 31-07-2001 issued by the
National Housing Bank (NHB) under Section 29A of the National Housing Bank Act, 1987.
However, the NHB does not accept any responsibility or guarantee about the present position
as to the financial soundness of the Corporation or for the correctness of any of the statements
or representations made or opinion expressed by the Corporation and for repayment of deposits/
discharge of liabilities by the Corporation.
The above text has been approved by the Board of Directors at its meeting held on
May 6, 2014 and is being issued on the authority and in the name of the Board of Directors of
the Corporation and a copy signed by all Directors of the Corporation has been filed with the
National Housing Bank, New Delhi.
By Order of the Board
Sd/Date: May 6, 2014
GIRISH V. KOLIYOTE
Place: MUMBAI
Company Secretary