HDFC Operational & Financial Highlights

TAX INCENTIVES HAVE LOWERED THE EFFECTIVE RATES ON MORTGAGES HDFC WITH YOU, RIGHT THROUGH FY 2023 FY 2002 FY 2000 Loan amount 3,570,000 3,570,000 3,570,000 Nominal Interest Rate (%) 8.65% 10.75% 13.25% Max deduction for interest allowed 200,000 150,000 75,000 Deduction on principal 150,000 20,000 20,000 Tax rate 34.32% 31.50% 34.50% Tenor (years) 20 20 20 Total amount paid per year 458,805 434,928 509,556 Interest component 308,805 383,775 473,025 Principal repaid 150,000 51,153 36,531 Tax amount saved 120,120 53,550 32,775 Effective interest paid on home loan 188,685 330,225 440,250 Effective interest on home loan 5.3% 9.3% 12.3% 16

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