HDFC Personal Loan
Whatever the occasion, the range of
HDFC Personal Loans can help. HDFC bank offers
1. Borrow up to Rs 15,00,000 for any purpose depending on your requirements.
2. Flexible Repayment options, ranging from 12 to 60 months.
3. Repay with easy EMIs.
4. One of the lowest
Personal Loan Rates.
5.
Hassle free Personal Loan - No guarantor/security/collateral required.
6. Convenience of service at your doorstep.
7. Speedy loan approval.
8. Personal Accident Cover Insurance.
9. Credit Shield.
Click for knowing salaried and Self-employed criteria of
Barclays Personal Loan
| 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 |
working days (48 hours). |
| Salary above Rs. 75,000 |
7 working days |
| Processing Fee of HDFC Bank Personal Loan |
| Salary account holder |
2% of loan amount |
| Non–salary account holder |
2.5% of loan amount |
| Prepayment Charges of HDFC Bank Personal Loan |
| Foreclosure Charges |
4% of outstanding principal
(Can be foreclosed after 6 months only) |
| Salary available for making EMI’s |
| Up to 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/
BirthCertificate/ 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 |
Disclaimer : Please note that the interest rates and eligibility criteria given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.
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the Rate of interest charged by major banks for Personal Loan
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