HDFC Bank Personal Loan

Here are a few factors

Product Rating

( 4.7 /5 )

Total - 383 ratings

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250
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15
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Location DELHI - NCR
CIBIL Score 700+
Minimum Salary Per Month 20000/-Per Month ( Listed Company )
Salary Mode NEFT,RTGS &COMPANY TRANSFER
Applicant Age 22 Year to 60 Year
Loan Amount & Tenure 1 Lac to 1 Cr
(12 Month to 72 Month)
Rate of Interest (Type) 10.25% to 16% (Reducing)
Processing Fees 0.75% - 2%
Processing Mode & TAT Processing: Online
TAT: 2 Day to 7 Days
Foreclosure Charges AFTER 1 Y-4%//2 Y-3%//3 Y- 2%//4 Y- 1%
Part Payment Allowed Yes 1% to Outstanding Amount After 12 Month
OD Product NO
BT+TopUp Yes
Minimum Job Experience 2 month
Employer Business Vintage 5 Year
FOIR 60% of Salary
Whether Co-Applicant Mandatory No
USP Lowest Rate of Interest with Higher Tenure
Negative Profile 1. Employee whose Salary receive in Cash, UPI & IMPS 3. NGO Employee, 4th Grade Employee, Defence Employee, Police, Mall Employee, SPA & Saloon, Gym Employee, Bar Tender, Taxi Driver

HDFC Bank Personal Loan EMI Calculator

Interest Type

Loan Amount

Interest Rate

%

Loan Tenure

Mo
Loan Amount100,000
Interest %10 %
Tenure (months)12
Emi (monthly)8,792
Total Interest5,499
Loan Amount + Interest105,499
YearTotal Principal
( A )
Total Interest
( B )
Balance
( A + B)
Total Payment Loan Paid Till Date (%)
24,0762,30026,37675,92424.08 %
Oct7,9598338,79292,0417.96 %
Nov8,0257678,79284,01615.98 %
Dec8,0927008,79275,92424.08 %
75,9293,19979,1280100.01 %
Jan8,1596338,79267,76532.23 %
Feb8,2275658,79259,53840.46 %
Mar8,2964968,79251,24248.76 %
Apr8,3654278,79242,87757.12 %
May8,4353578,79234,44265.56 %
Jun8,5052878,79225,93774.06 %
Jul8,5762168,79217,36182.64 %
Aug8,6471458,7928,71491.29 %
Sep8,719738,7920100.01 %
Right Document : Easy Process

Required Documents to Apply for HDFC Bank Personal Loan

  • KYC of Applicant (Adhar Card+Pan Card+Passport Size Photo)
  • Last 3 month Salary Slip
  • Last 6 month Bank Statement in PDF
  • Form 16 of last 2 year
  • Rent Agreement if rented or Utility Bill if residence is owned
  • Sanction Letter of all current running loan if any
  • Office ID Card or Official EMAIL ID if any

About HDFC Bank Personal Loan

The customer service and minimal interest rates of HDFC Bank are highly regarded. And if you're concerned about the EMIs, HDFC is here to provide affordable EMIs, making it simple to pay for all of this and additional expenses with an HDFC Personal Loan. Yes, you may save more thanks to the competitive interest rates, which also make the process of getting a personal loan straightforward.

Hdfc Bank Customer Care

HDFC Bank customers can call the following toll free number to get all queries answered or resolve all grievances:

01
Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

02
Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

03
Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

04
Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, the amount will be disbursed to your account shortly.

Let us take an example, How EMI is being calculated

For instance, if "Shubham" applies for a Personal loan of INR 1 Lacs and get the loan sanctioned at the rate of 15 % with a tenure range of 36 Months , in such a case his EMI would be INR 3,467 and complete repayment amount till the end of 36 Months tenure would be INR 1,24,795 (i.e 3,467 EMI * 36 Months), wherein the total interest amount is INR 24,795 along with principal repayment of INR ₹1,24,795 . Few additional charges like those of minimal one-time processing fee upto 2-3% of loan amount may apply. T & C apply.
Year Principal
(A)
Interest
(B)
Total Payment
(A + B)
Balance Loan Paid To Date
2022 ₹ 11,363 ₹ 5,969 ₹ 17,333 ₹ 88,637 11.36%
Aug ₹ 2,217 ₹ 1,250 ₹ 3,467 ₹ 97,783 2.22%
Sep ₹ 2,244 ₹ 1,222 ₹ 3,467 ₹ 95,539 4.46%
Oct ₹ 2,272 ₹ 1,194 ₹ 3,467 ₹ 93,267 6.73%
Nov ₹ 2,301 ₹ 1,166 ₹ 3,467 ₹ 90,966 9.03%
Dec ₹ 2,329 ₹ 1,137 ₹ 3,467 ₹ 88,637 11.36%
2023 ₹ 30,332 ₹ 11,266 ₹ 41,598 ₹ 58,305 41.70%
Jan ₹ 2,359 ₹ 1,108 ₹ 3,467 ₹ 86,278 13.72%
Feb ₹ 2,388 ₹ 1,078 ₹ 3,467 ₹ 83,890 16.11%
Mar ₹ 2,418 ₹ 1,049 ₹ 3,467 ₹ 81,472 18.53%
Apr ₹ 2,448 ₹ 1,018 ₹ 3,467 ₹ 79,024 20.98%
May ₹ 2,479 ₹ 988 ₹ 3,467 ₹ 76,545 23.45%
Jun ₹ 2,510 ₹ 957 ₹ 3,467 ₹ 74,036 25.96%
Jul ₹ 2,541 ₹ 925 ₹ 3,467 ₹ 71,495 28.51%
Aug ₹ 2,573 ₹ 894 ₹ 3,467 ₹ 68,922 31.08%
Sep ₹ 2,605 ₹ 862 ₹ 3,467 ₹ 66,317 33.68%
Oct ₹ 2,638 ₹ 829 ₹ 3,467 ₹ 63,679 36.32%
Nov ₹ 2,671 ₹ 796 ₹ 3,467 ₹ 61,009 38.99%
Dec ₹ 2,704 ₹ 763 ₹ 3,467 ₹ 58,305 41.70%
2024 ₹ 35,208 ₹ 6,390 ₹ 41,598 ₹ 23,097 76.90%
Jan ₹ 2,738 ₹ 729 ₹ 3,467 ₹ 55,567 44.43%
Feb ₹ 2,772 ₹ 695 ₹ 3,467 ₹ 52,795 47.20%
Mar ₹ 2,807 ₹ 660 ₹ 3,467 ₹ 49,988 50.01%
Apr ₹ 2,842 ₹ 625 ₹ 3,467 ₹ 47,147 52.85%
May ₹ 2,877 ₹ 589 ₹ 3,467 ₹ 44,270 55.73%
Jun ₹ 2,913 ₹ 553 ₹ 3,467 ₹ 41,356 58.64%
Jul ₹ 2,950 ₹ 517 ₹ 3,467 ₹ 38,407 61.59%
Aug ₹ 2,986 ₹ 480 ₹ 3,467 ₹ 35,420 64.58%
Sep ₹ 3,024 ₹ 443 ₹ 3,467 ₹ 32,397 67.60%
Oct ₹ 3,062 ₹ 405 ₹ 3,467 ₹ 29,335 70.67%
Nov ₹ 3,100 ₹ 367 ₹ 3,467 ₹ 26,235 73.76%
Dec ₹ 3,139 ₹ 328 ₹ 3,467 ₹ 23,097 76.90%
2025 ₹ 23,097 ₹ 1,169 ₹ 24,266 ₹ 0 100.00%
Jan ₹ 3,178 ₹ 289 ₹ 3,467 ₹ 19,919 80.08%
Feb ₹ 3,218 ₹ 249 ₹ 3,467 ₹ 16,701 83.30%
Mar ₹ 3,258 ₹ 209 ₹ 3,467 ₹ 13,443 86.56%
Apr ₹ 3,298 ₹ 168 ₹ 3,467 ₹ 10,145 89.86%
May ₹ 3,340 ₹ 127 ₹ 3,467 ₹ 6,805 93.19%
Jun ₹ 3,381 ₹ 85 ₹ 3,467 ₹ 3,424 96.58%
Jul ₹ 3,424 ₹ 43 ₹ 3,467 ₹ 0 100.00%
Leave Your Question

FREQUENTLY ASKED QUESTIONS

HDFC, the leading bank in India, is providing hassle-free and quick personal loans worth 1,00,00,000. You can apply for the loan through their website or visit the nearest HDFC branch.

If you have been planning to get a personal loan from HDFC, you can borrow in the range of 1,00,000 to 1,00,00,000.

No, you won’t need to provide any security or guarantor for availing of the HDFC Bank Personal Loan.

HDFC Bank offers flexible repayment options ranging from 12 to 72 months, depending on the customer’s profile.

After the approval of your HDFC Bank personal loan application, it will take seven days for the amount to get disbursed.

The minimum ROI of an HDFC Personal Loan is 10.5% per annum

The minimum ROI of an HDFC Personal Loan is 16% per annum

The highest loan amount you can avail with HDFC Personal Loan is Rs. 1 Crore

The minimum loan amount you can avail of with HDFC Personal Loan is Rs. 10 Lacs.

The processing fee for HDFC’s Personal loan is between 0.75% to 2% of your loan amount.

The minimum repayment tenure of HDFC's Personal Loan is 12 months.

The maximum repayment tenure of HDFC's Personal loan is 72 months

Yes, you can apply for an HDFC Personal Loan anywhere from India as it holds a PAN India access

The minimum required salary to apply for an HDFC Personal Loan is Rs. 25,000 Monthly.

To apply for HDFC Personal Loan your Minimum CIBIL score must be 700+

No, to apply for  HDFC Personal Loan your Minimum CIBIL score must be  700

Yes, to apply for HDFC Personal Loan your Minimum CIBIL score must be  700+

You can go to the official website of HDFC or you can also switch to ReferLoan for an easy and smooth loan application process. 

Yes, HDFC Bank accepts minus CIBIL scores for Personal loans.

The minimum required age to apply for an HDFC Personal Loan is 22

The maximum required age to apply for an HDFC Personal Loan is 60

No, HDFC doesn’t offer funding to the Proprietorship Firm Employees.

No, HDFC doesn’t offer funding to the Partnership Firm Employees.

If you are planning to apply for an HDFC Personal Loan, your minimum employment period must be 2 months.

The minimum vintage of the applicant’s employer must be 5  years to apply for an HDFC Personal Loan

No, it is not mandatory to provide a Co-applicant to apply for HDFC Personal Loan

Yes, HDFC does fund NRIs for Personal Loans.

No, employees of D grade occupation are considered as a negative profile in HDFC’s Personal Loan. 


No, Jews are considered as a negative profile in HDFC’s Personal Loan.

Yes, Partial Payment is allowed after 12 months of loan disbursal. 

The foreclosure interest on HDFC's Personal loan is 4% after 1 year, 3% after 2 years, 2% after 3 years, and 1 % after 4 years.

No, police officers are not eligible to apply for an HDFC Personal Loan. 

No,  MCD employees are not applicable to apply for the HDFC Personal Loan

Yes, You can apply for an HDFC Personal Loan if you receive your salary through NEFT

Yes, You can apply for an HDFC Personal Loan if you receive your salary through RTGS

Yes, You can apply for an HDFC Personal Loan if you receive your salary through Company Transfer. 

No, you can’t apply for an HDFC Personal Loan if you are receiving our salary in cash.

No, you can’t apply for an HDFC Personal Loan if you are receiving our salary through UPI. 

HDFC takes 7 days for the disbursement of a personal loan


 HDFC takes 2 days for the confirmation of a personal loan

Yes, you can apply for HDFC Personal Loan online

 The customer care number of HDFC is 1800 202 6161 / 1860 267 6161

The pre-payment charges for salaried applicants are 4% of the outstanding principal amount for 13 to 24 months. 5% of the outstanding principal amount for 25 to 36 months.

No, an HDFC Personal Loan requires a Cibil score of 700. In exceptional cases, you can get a personal loan with HDFC but with high-interest rates. 



No, Unlisted Company Employees can’t apply for HDFC Personal Loan