HDFC Bank offers a hassle-free and quick loan solution to meet your financial needs. You can borrow up to ₹40 lakh personal loan. HDFC Bank personal loan in Chennai is available at 10.85% yearly interest.
HDFC Bank Personal Loan Chennai Details
| Loan Amount | Up to 40 Lakh |
| Interest Rate | 10.85% p.a. |
| Processing Fees | Up to Rs.2.50% |
| Loan Tenure | 12 to 60 months |
| Pre payment Charges | Up to 4% |
| Minimum Salary | Up to Rs 2.50% |
| Loan Repayment | Rs. 25000/- per month |
Features of HDFC Bank Personal Loan
Loan Amount: Get a loan ranging from ₹50,000 to ₹40 lakhs based on your eligibility and monthly income.
Flexible Tenure: Borrow an HDFC Bank personal loan with a 12 to 60 months repayment tenure.
Attractive Interest Rates: Interest rates start from 10.85% per annum, depending on the applicant’s profile.
Minimal Documentation: Available HDFC Bank personal loan with minimal paperwork.
Instant Disbursal: Funds are credited within 24 hours of loan approval.
No Collateral Required: Unsecured loan without any security or guarantor.
Balance Transfer Facility: Transfer an existing loan from another bank to HDFC Bank at a lower interest rate.
Eligibility Criteria for HDFC Personal Loan in Chennai
- Age Required: 21 to 60 years
- Monthly Salary: Rs. 25,000/- per month
- Credit Score: -1 / 730+ required
- Work experience: At least 1 year in the current job
- Employment: Salaried person of a private limited company, a public sector undertaking, or the government sector.
HDFC Personal Loan in Chennai Fees & Charges
| Interest Rate | 10.85% to 21% p.a. |
| Loan Processing Charge | 2% of the EMI amount |
| Prepayment Fee | Up to 4% |
| Overdue EMI Charge | 2% of EMI amount |
| Cheque swapping Fees | Up to 2.5% of the loan amount |
Documents Required for HDFC Personal Loan
HDFC Bank is offering a loan with the following personal loan eligibility documents:
- Identity Proof: Aadhaar Card, PAN Card, Passport, or Voter ID
- Address Proof: Utility Bill, Aadhaar Card, or Rent Agreement
- Income Proof: Salaried: Latest 3 months’ salary slips & 6 months’ bank statement
- Passport-size Photo
- Residential Proof: Electricity bill, Gas bill, Rent Agreement.
Other NBFCs Offers Personal Loans in Chennai
| Lenders | Interest Rate (p.a.) | Salary Per Month | |
| WeRize | 16% to 18% p.a. | Rs. 12,000 | Apply Now |
| MoneyView | 1.33% per month | Rs. 13,500 | Apply Now |
| InCred | 11.49% to 18% p.a. | Rs. 15,000 | Apply Now |
| Fibe | 24% to 30% p.a. | Rs. 18,000 | Apply Now |
| Prefr | 18% to 36% p.a. | Rs. 18,000 | Apply Now |
| Finnable | 16% to 22% p.a. | Rs. 15,000 | Apply Now |
| IDFC | 12.50% to 18% p.a. | Rs. 15,000 | Apply Now |
| PaySense | 1.4% to 2.3% per month | Rs. 18,000 | Apply Now |
| Upward | 9% to 32% p.a. | Rs. 18,000 | Apply Now |
| mPokket | 1% to 6% per month | Rs. 9,000 | Apply Now |
How to Apply for an HDFC Bank Personal Loan in Chennai
- Visit the HDFC Bank website.
- Click on the Personal Loan section.
- Fill in the application form with personal and financial details.
- Upload the necessary list of documents.
- Submit the form and wait for loan approval.
Also Read: How to get an instant 2,000 loan for an emergency
Conslusion
HDFC Bank’s loans in Chennai offer a reliable, fast, and convenient solution for financial needs. With competitive interest rates, flexible tenures, and an easy application process, this option is perfect for salaried individuals. Apply today and get instant access to funds within 72 hours.