HDFC Bank Instant Personal Loan

HDFC Bank offers up to 40 lakhs of personal loans for salaried persons. The repayment tenure is 12 to 60 months. HDFC Bank’s instant personal loan interest rate starts from 10.75% per annum.

It is a completely digital process. You can apply from anywhere in India.

HDFC Bank Personal Loan Quick Recap

Interest rate	10.75%- 21% p.a.
Loan Amount	Up to 40 lakh
Salary Required	25,000 Net Salary
Loan Tenure	12 to 72 months
Age Required	21 to 60 years
Processing Fees	2.5% of Loan Amount + GST Charge
Eligible For	Salaried Person

Benefits of HDFC Bank Instant Personal Loan

Balance Transfer: You can transfer previous personal loans from other banks to HDFC and get a lower interest rate.

No collateral: Don’t need any guarantor to apply for a loan.

Repayment Tenure: Get 1 to 5 years of loan repayment tenure.

Affordable Interest Rate: HDFC Bank provides a 10.75% interest rate per annum. This is a lower interest rate compared to other finance.

Fast Disbursement: The loan disbursement process is very fast. Get the loan within 24 hours.

No Other Charges: There are no other charges. You have to pay the processing charge and GST charges.

Pre-approved Offer: HDFC Bank gives pre-approved offers to existing HDFC bank customers.

Also Read: Personal Loan for Minimum Salary 13000

Eligibility of HDFC Bank Personal Loan

Check out the eligibility criteria to apply for an HDFC bank personal loan:

• Applicant should be an Indian Citizen
•  Applicant’s age should be 21 to 60 years
• A minimum 2 years of work experience  required
• The minimum net salary of 25,000 is required for HDFC Bank salary account holders. If you have another bank salary account, a minimum of Rs. 50,000 salary is required.
• Borrower job profile must be with a private limited company, public limited company, or central/state/local government undertaking.

Documents Required for HDFC Bank Personal Loan

• Pan Card
• Aadhaar Card
• Recent 3 months’ salary slip with form 16
• Recent 6 months bank statement pdf format
• Electricity bill/ Gas bill / Property paper/ Rent Agreement for residence proof

Also Read: Credit Saison Personal Loan

HDFC Bank Personal Loan Interest & Other Charges

Interest rate	10.75%- 21% p.a.
Processing fee	2.5% of the Loan Amount
Overdue EMI Interest	2% per month on Overdue amount
Cheque Swapping charge	Rs. 500

Types of HDFC Bank Personal Loan Available

• Home renovation loan
• HDFC Bank Golden Edge Personal Loan
• HDFC Bank Marriage Loan
• HDFC Bank Travel Loan
• Personal Loan for Teacher
• HDFC Bank Personal Loan for Women
• HDFC Bank Personal Loan Balance Transfer
• HDFC Bank Xpress Personal Loan

How to Apply for an HDFC Bank Personal Loan

Step 1: Provide borrower information through an online application.

Step 2: Enter basic information about yourself and other details.

Step 3: Fill in the details carefully without wrong mistakes.

Step 4: Provide your KYC documents like your Aadhaar Card, Pan Card, Bank Statement & Salary Slips to 24hrLoan customer representatives.

Step 5: Now the bank will check your eligibility and other requirement details.

Step 6: If you meet the requirements, you will receive a loan offer.

Also Read: Indusind Bank Instant Personal Loan

HDFC Bank Personal Loan Customer Care

You can contact HDFC Bank customer care for loans or other queries. Customer care solves your queries within 24 hours.

Customer Care Number: 1800 202 6161 / 1860 267 6161

Complain number: 1800 258 3838

Office Address:

HDFC Bank Ltd. 
Empire Plaza I, 1st Floor, 
LBS Marg, Chandan Nagar,
Vikhroli West, Mumbai – 400083

FAQs on HDFC Bank Personal Loan