The HDFC bank offers personal loans to people helping them meet their personal expenses and dispense them at leisure. The eligibility to get the HDFC personal loans is pretty simple. Personal loans interest rates in HDFC bank can change from time to time, but is the best possible rate in India. At Loanbaba.com, you can check HDFC bank personal loan eligibility and HDFC bank EMI calculator.
|HDFC Bank Personal Loan Details Updated on 20th November 2018|
|Loan Amount||Rs.50,000 to Rs.4,000,000|
|Loan Tenure||5 Years|
|Interest Rate||10.99% to 20.75%|
The following key points will help you understand the features and benefits of the personal loans:
The limit of the loan amount starts from Rs 50,000 and can range up to Rs 15 lakhs. The actual amount that can be disbursed shall depend on criteria such as age, credit history, other loans taken, etc.
The tenure of the loan ranges from 12 to 60 months. However, in case of the self-employed people, the loan tenure ranges from 12 – 36 months.
One has to submit documents such as the salary certificate with Form 16 or the latest pay slip.
At Loanbaba, you can compare and apply for personal loans online. You can check out several personal loan schemes by HDFC Bank and go through all their features such as quantum of loan, amount of loan, processing fees, interest rates, and other conditions, at one page. You can also quickly apply for HDFC Bank Personal Loan online on our website without having to visit the bank branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.
You can apply for HDFC Bank personal loan or any other bank/NBFC personal loan at Loanbaba.com.
Personal Loan HDFC Bank interest rate (fixed) ranges between 10.99% and 20.75%. Keep a check on this page to note the updated HDFC Bank personal loan interest rate for the current year.
Personal loan eligibility may differ from one candidate to another. You can also use free-of-cost HDFC Bank personal loan eligibility calculator at Loanbaba.com. The eligibility criteria for HDFC Bank’s personal loan are discussed below:
HDFC Bank has personal loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes.
Below provided are important questions about personal loan HDFC Bank.
A processing fee up to 2.5 % is applicant on the loan amount. However, the minimum amount of fee applicable is Rs 1000 and the maximum being Rs 25,000 (salaried people).
In case of the salaried people, the borrowers cannot repay their loan before 12 EMI payments. However, after this period, the loan can be repaid with the penalties applicable as follows: