HDFC Bank Personal Loan
HDFC Bank Personal Loan: Get instant approval within 5 minutes at lowest Interest Rates through Deal4loans. Find best offers for Salaried, Self-employed, loan upto 40 lakh, 5 year repayment period. Whatever the reason might be, medical emergency, marriage, foreign vacation, traveling, purchase of consumer durable, renovation, buying property, or need of extra cash - HDFC Bank Personal Loans can help you any time anywhere.
HDFC Personal loan Highlights
| Interest Rates | 10.99% - 20.99% |
| Processing Fee | Upto 2.5% |
| Foreclosure charges | Nil – 4.00% |
| Repayment | 5 Years |
| Loan Amount | Rs. 50000 - Rs. 4000000 |
| Min. Income | 15000 per month |
| Part Payment Facility | Yes, available |
HDFC Personal Loan Interest Rates 2023
Last Updated as on 23 Mar 2023HDFC Bank Personal loan Interest Rates 2023 |
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| Interest Rates | Pre Payment Charges |
Processing Fees |
| 10.75% - 17.5% | Upto 4.00% | Upto Rs.3999/- + GST |
Note:
* Applicable for Super A, CAT A , CAT B & CAT C companies only
HDFC Bank 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 10.75%*.
- Lowest processing fees of just Rs.1999/- 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 | Those who earn a minimum of ₹ 15,000 net income per month (₹ 20,000 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 |
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) |
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/ 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 |
HDFC Bank Personal Loan 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.
- Use Part Payment Calculator for Personal Loan, to know how much you can save.
Compare HDFC Personal loan Interest Rates with other banks in India
| Banks | Interest Rates |
| ICICI Bank Personal Loan | 10.99 – 16.50% |
| Kotak Mahindra Personal Loan | 10.50 - 17.25% |
| Standard Chartered Personal Loan | 11.50 - 18.00% |
| SBI Personal Loan | 12.15% - 15.15% |
| Bajaj Finserv Personal Loan | 11.99% onwards |
| IndusInd Bank Personal Loan | 11.25% onwards |
| Citibank Personal Loan | 10.99% |
| Tata Capital Personal Loan | 11.25% - 19% |
| Fullerton India Personal Loan | 11.99 - 26.00% |
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
Other Available Products of HDFC Bank:
| To Know More Details:- https://www.hdfcbank.com/ |
| For Bank Grievance Redressal – https://www.hdfcbank.com/personal/need-help/contact-us |
| For accessing APR Calculator Navigate to Loans section on the page - https://www.hdfcbank.com/personal/tools-and-calculators |
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.