HDFC Personal Loan Interest Rates 2023

Last Updated as on 03 Oct 2023

Company Cat/ Product Cat	NTH band (Net take Home)	CIBIL Score >730	CIBIL Score <=730, No Hit	PF
CAT SUPER A, CAT A, CAT HDFC	>=100000	11.00%	11.25%	₹.04,999
	>=75000 to 100000	11.25%	11.50%	₹4,999
	>=50000 to 75000	11.50%	11.75%	₹4,999
	>=35000 to 50000	11.75%	12.00%	₹3,499
	<35000	13.00%	13.50%	₹3,499
CAT B, CAT C, CAT D, CAT E, CAT EDU & MED , CAT NRI, CAT NEW	>=100000	11.25%	11.75%	₹4,999
	>=75000 to 100000	11.50%	12.50%	₹4,999
	>=50000 to 75000	11.75%	12.60%	₹4,999
	>=35000 to 50000	12.00%	13.50%	₹3,499
	<35000	13.50%	14.50%	₹3,499
CAT GA, GB, GC, CAT RA, RB, RC, CAT GO, RO, CAT GD, GE, GF, CAT GP, CAT PEN	>=100000	11.50%	11.75%	₹4,999
	>=75000 to 100000	12.25%	12.50%	₹4,999
	>=50000 to 75000	12.35%	12.60%	₹4,999
	>=35000 to 50000	13.25%	13.50%	₹3,499
	<35000	14.00%	14.50%	₹3,499

Special Pricing Offers are limited Period Offers

Age of Applicant	Min-21 years ; Max-60 years.
No. of years in employment	2 years & above
Current Experience	Individuals who have had a job for at least 2 years, with a minimum of 1 year with the current employer
Net Monthly Income	Those who earn a minimum of ₹ 25,000 net income per month (₹ 25,000 in Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Pune, Kolkata, Ahmedabad, Cochin).

HDFC Personal Loan EMI Calculator

To figure out how much emi for the loan amount you have to pay for; you can use this personal loan emi calculator tool. For calculate you can just enter your loan amount, interest rate & tenure repayment period.

Check HDFC Personal Loan EMI Calculator Tool

For Example: assume you taken a loan amount of various loan amount for various years @ different rate of interest than your loan calculations are as below:

Loan Amount	ROI	Repayment	Monthly EMI
1,00,000	12.50%	3 year	₹ 3,345
2,00,000	14.00%	4 year	₹ 5,465
3,00,000	15.00%	4 year	₹ 8,349
4,00,000	11.00%	5 year	₹ 8,697
5,00,000	12.00%	5 year	₹ 11,122

Documents Required for HDFC Bank Personal Loan

HDFC Bank Personal Loan Turn Around Time

Salary below Rs. 75,000	5 - 7 working .
Salary above Rs. 75,000	working days (48 hours)

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

Check HDFC Bank Personal Loan Status of Application / Loan Query

You can check your personal loan status in HDFC Bank, via these methods which are mentioned or illustrated here: check your HDFC Personal Loan application status here

Kindly enter the details as provided in the Loan Application Form.

• Applicant Name or Reference / Proposal Number
• Date of Birth or Mobile Number

HDFC Bank Personal Loan Frequently Asked Questions:

How is Personal Loan eligibility calculated?
Personal Loan eligibility calculation uses six factors to determine your eligibility, they are:

• Geographic location
• Monthly Income
• Ownership of property.
• Existing credit.
• Employer.
• Credit history.

You can also Personal Loan eligibility calculators online for the calculation.

How do I qualify for Personal Loan eligibility?
To qualify for a Personal Loan at HDFC Bank, you must meet these criteria.

1. You need to be an employee of a private limited company or an employee in a public sector undertakings, including central, state and local bodies.
2. You need to be between the ages of 21-60 years.
3. You need to have a job for at least two years, with a minimum of 1 year with your current employer.
4. You need to have a net income of 25,000 per month.

What is the minimum salary for a Personal Loan?
The minimum salary is 25, 000 per month.

What is the age criteria to get a Personal Loan?
To be eligible for a Personal Loan, you must be between the ages of 21 to 60.

What is the Minimum Credit Score to apply for a Personal Loan?
Bank requires a minimum credit score of 650 to be eligible for Personal Loans. The credit score can vary from bank to bank.

What are the factors that affect the eligibility of a Personal Loan?
The factors that affect the eligibility of Personal Loans are

1. CIBIL Score – A CIBIL score above 720 is ideal for Personal Loans.
2. Income – It plays a vital role in the approval of the loan amount.
3. Repayment history- If you have a good track record of repayment with previous loans, approval of the loan is faster and easier.

How to improve Personal Loan eligibility?
The best way to improve your Personal Loan eligibility is by maintaining a healthy repayment history.

Are self-employed individuals eligible for a Personal Loan?
Yes, self-employed individuals are eligible for a Personal Loan.

Other Available Products of HDFC Bank:

1. HDFC Bank Home Loan
2. HDFC Bank Car Loan
3. HDFC Bank Credit Card
4. HDFC Bank Business Loan
5. HDFC Two Wheeler Loan