HDFC Personal loan details:
| Interest Rates |
10.50% - 21% |
| Processing Fee |
Upto 2.5% |
| Foreclosure charges |
Nil - 4.00% |
| Repayment |
5 Years |
| Loan Amount |
As per Eligibility |
| Min. Income |
30000 per month |
| Part Payment Facility |
Yes, available |
Note: * Applicable for Super A, CAT A , CAT B & CAT C companies only
Personal Loan Balance Transfer Offers
You can reduce your EMIs by transferring existing personal loan to HDFC bank.
Interest rate for balance transfer schemes starts from as low as 12.99%*.
Lowest processing fees of just Rs.999/- is applicable.
| Eligibility Criteria for HDFC Bank Personal Loan |
| Age of Applicant |
Min-21 years ; Max-60 years. |
| No. of years in employment |
2 years & above |
| Current Experience |
1 year & above |
| Net Monthly Income |
Rs. 15,000/- & above (CAT-A companies) Rs. 20,000/- & above (Non-listed companies) |
| Loan Amount offered by HDFC Bank |
| Minimum Funding |
Rs. 50,000/- |
| Maximum Funding |
Rs. 15,00,000/- |
| Loan Tenure offered by HDFC Bank |
| Minimum Tenure |
12 months |
| Maximum Tenure |
60 months |
| Turn Around Time of HDFC Bank Personal Loan |
| Salary below Rs. 75,000 |
5 - 7 working . |
| Salary above Rs. 75,000 |
working days (48 hours) |
| Processing Fee of HDFC Bank Personal Loan |
| Salary account holder |
0%(*Valid
for Logins Till 16th August)
|
| Non - salary account holder |
0%(*Valid
for Logins Till 16th August) |
| Prepayment Charges of HDFC Bank Personal Loan |
| Foreclosure Charges |
4% of outstanding principal (Can be foreclosed after 1yr only) |
| Salary available for making EMI's |
| Upto Rs. 25,000 p.m |
35% of salary is considered |
| Bet Rs. 25,000 to Rs. 50,000 p.m. |
40% of salary is considered |
| Above Rs. 50,000 p.m |
45% - 50% of salary is considered |
| Documents Required for HDFC Bank Personal Loan |
| Identity Proof |
Passport/ driving license/PAN card/ Photo credit card (with embossed Signature and last two months statement)/ banker's sign verification |
| Age Proof |
PAN Card/ Passport/ Driving Licence/ School leaving certificate/ Voter's card/ Birth Certificate/ LIC policy (only for age Proof). |
| Address Proof |
Passport/ Telephone bill (BSNL/MTNL)/ Electricity bill/ Title deed of property/Rental agreement/ Driving license/ Election ID card/ Photo-credit card (with last two month statements) |
| Income Proof |
Latest salary slip/current dated salary Certificate with latest form 16 |
| Job Continuity Proof |
Form 16/relieving letter/appointment Letter (for last two months) |
| Banking History |
Bank statements of latest 2 months/ 3 months bank passbook |
Part Payment Facility:
- Part-payment will be allowed subject to loan tenure of 12 EMIs being completed i.e. Post 12 EMIs
- Part payment will be allowed maximum twice during the entire tenure of the loan
- Part payment is allowed only once a year.
- At any point of time, each part payment will not exceed 25% of Principal Outstanding.
- For accessing APR Calculator Navigate to Loans section on the page.
https://www.hdfcbank.com/personal/tools-and-calculators#/Footer
Instant Approval
EMI @ Rs. 2149/lac onwards
ROI as low as 10.50%
Loan Up to Rs. 40 Lacs
Easy Documentation
Part Payment Option also available
Special offer on Balance Transfer