HDFC Bank is one of the largest leading banks in India offering best interest rates on personal loans with minimal documents and speedy approvals. One can avail the loan upto 50 lakh with the repayment tenure of up to 60 months. Be it a trip to your dream destination, renovating your home with modern furnitures, Wedding planning, debt consolidation, or dealing with medical emergencies, HDFC personal loan provides easy and quick access to funds with interest rate starting as less as 10.5%* p.a.
For Example; if you take a loan of 10 lakhs at the rate of 10.99% for 5 years, your monthy EMI would be Rs. 21,737. There would be one time applicable charges of processing starting from 2,999 flat up to 2.5%. HDFC personal loan comes with 2 part payment facilities of 25% each with preclosure after the lock period of 12 EMI's. Note : depending upon the Profile, rate of interest and applicable charges may vary .HDFC Bank is known for lending Personal Loans at best competitive interest rates, flexible tenures, affordable EMI's and fast disbursals.
HDFC bank has attractive and beneficial features on its Personal Loan, below are some list of features:
|Interest rate||Salaried - 10.75% to 20%|
|Processing Charges||As low as ₹999/- upto 2.50% of the loan amount subject to profile.|
|Prepayment||2 Pre-payment allowed of 25% each after 12 EMI's.|
13-24 Months - 4% of Principal Outstanding,
25-36 Months - 3% is applicable on payments,
36-60 Months - 2% is applicable post 36 months.
The interest rate will vary and set by HDFC Bank based on a number of many factors such as the Income, Company, Loan amount, Job type, gender, credit score and tenure chosen, etc. Yes, one can negotiate for a favorable interest rate but at the discretion of the bank.
Calculate your HDFC Personal Loan EMI & Total Payable Interest Amount
HDFC personal loan EMI calculator allows you to calculate approximately how much you will have to pay as the Equated Monthly Instalment (EMI).
Loan amount Rs.1,00,000; ROI of 10.75% ; Tenure 60 Months for 5 Years
HDFC Bank requires a set of documents for authentication purposes for your personal loan:
Fill in the details to get an estimate of your Interest Rate and Loan Eligibility