HDFC offers separate slabs of redemption charges for Adjustable Rate Home Loan (ARHL) and Fixed Rate Home Loan (FRHL). Under Adjustable Rate Home Loan, if a prepayment is made within three years of first disbursement, a redemption charge of 2 percent is payable provided that the amount being repaid is above 25 percent of the opening balance.
Under Fixed Rate Home Loan, if the amount being repaid is more than 25 percent of the opening balance, a redemption charge of 2 percent is required to be paid.
An early redemption charge of 3 percent is required to be paid under both kinds of home loan in case of commercial refinance. You are also required to submit photocopies of your bank statements and other documents to verify the source of prepayment. | 
