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Calculate Your Personal Loan EMI
Amount
50000 4000000
Period
6 Months 60 Months
Interest Rate
10.5 % 21 %
Your Monthly EMI will be ₹/- per month
Personal Loan Online
Experience the convenience of HDFC Bank Personal Loan – your ultimate solution for all financial needs. Whether it's planned events like weddings, vacations, or home renovations, or unexpected emergencies such as medical procedures, our Personal Loan makes life easier. With a seamless online application process, we ensure quick and hassle-free access to funds, making it the ideal credit option for you.
Apply for an HDFC Bank Personal Loan online today and unlock a world of possibilities. Click here to begin your journey towards financial freedom.
Standout features:
- Competitive Interest Rates
- Loan up to Rs.40 Lakh
- Flexible Tenure up to 5 years
- Minimal Processing Fee
- No Paperwork & 10-second disbursals for pre-approved HDFC Bank customers
- Check eligibility in 1 minute with our user-friendly Loan Eligibility calculator
- Minimal Documentation
Get a personal loan in quick time
- Check eligibility in one minute online and at select branches - Personal Loan Eligibility Calculator.
- Get funds in 10 seconds if you are a pre-approved HDFC Bank customer. Other customers can get a loan in under 4 hours.
- Get loan amount in just one working day of document submission
Apply Online for a personal loan
- We have simplified the personal loan application process. You can make an online personal loan application in just a few clicks
Personal loan fees and charges
| Rate of Interest | 10.75 % to 24.00% |
| Processing Fees | Upto 4999 + GST |
| Tenure | 03 Months to 72 Months |
| Documents Required | No Documents for Pre-approved Personal Loan |
| For Non Pre-approved - Last 3 Months Bank statements, 2 Latest Salary Slip and KYC |
Personal Loan for your every need
No matter why you need a personal loan, HDFC Bank can customise the offering for you. If you already have an HDFC Bank account, you can benefit from special rates, charges and offers. HDFC Bank also offers a host of benefits for first-time loan customers Enjoy the flexibility to pick a tenure that suits you and pay back the loan in pocket-friendly EMIs (Use our Personal Loan EMI Calculator to check your monthly outgo)
Protect yourself with insurance
- Personal Accident Cover: For a nominal premium* you can avail of Personal Accident cover of up to Rs. 8 lakhs, and Critical Illness cover of up to Rs. 1 lakh. The premium for these policies will be deducted from the loan amount during disbursal. Applicable taxes and surcharge/cess will be charged extra.
- Personal Loan Security: Secure your personal loan with Sarv Suraksha Pro. Key benefits include:
- Credit Shield Cover equal to the outstanding loan amount
- Accidental Hospitalisation cover of up to Rs. 8 lakhs*
- Accidental Death/Permanent Disablement cover of up to Rs. 1 lakh*
*Terms and conditions of the insurers shall apply. The policy is offered by HDFC Ergo GIC Ltd.
Get a personalised product
No matter why you need a personal loan, HDFC Bank can customise the offering for you. If you already have an HDFC Bank account, you can benefit from special rates, charges and offers. HDFC Bank also offers a host of benefits for first-time loan customers Enjoy the flexibility to pick a tenure that suits you and pay back the loan in pocket-friendly EMIs (Use our Personal Loan EMI Calculator to check your monthly outgo)
Save money with personal loan balance transfer
Lower your personal loan EMIs by doing a balance transfer to HDFC Bank.
- Interest rates as low as 10.65%* on the existing loan transfer
- Flat processing fee of only Rs. 4999* (+ GST)
- To transfer your loan balance, apply now.
Get assistance anytime, anywhere
For any help with your loan, you can reach out to us via SMS, Webchat, Click2Talk and PhoneBanking.
*Terms and conditions apply. Loan at the sole discretion of HDFC Bank limited. Subject to documentation and verification as per Banks requirement.
Personal Loan Benefits
- EMI starting at Rs. 1,829/ lac^
- Loan up to Rs 40 lacs
- Loan disbursal in 4 hours^
- Minimal documentation
FAQ
- How does a Personal Loan work?
To avail of the HDFC Bank Personal Loan, all you need to do is submit the loan application form.
On meeting the eligibility critieria, you will get an offer with the sanctioned amount, tenure of loan and interest rate.Once you accept the offer, funds are transferred to your bank account instantly.
You can also submit the application form online in just a few clicks.
- What is the highest loan amount I can get?
Personal Loan is offered upto ₹40 Lakh. However, basis the loan requirement, one can avail upto ₹75 Lakh subject to eligibility norms. - What is the CIBIL Score required to get a loan?
A CIBIL score above 720 is considered good for sanctioning of Personal Loan.
- How can I repay my Personal Loan?
You pay the loan in equal monthly instalments (EMIs) through ECS or a standing instruction to debit your HDFC Bank account with the EMI amount. - Do I need to provide any security or collateral to apply for a Personal Loan?
You don't need to provide any security, collateral or guarantor to obtain a Personal Loan from HDFC Bank. - How is Personal Loan interest rate calculated?
Interest on Personal Loan depends on various factors such as CIBIL score, Repayment History, Principal amount, Tenure.
Use the Personal Loan EMI calculator link. - How is Personal Loan processing fee calculated?
The bank has to incur some costs while processing and sanctioning of loan and hence the processing fee is charged accordingly. - Is there any option to get the Personal Loan foreclosure charges waived?
Under the Golden Edge program we offer, upon the payment of a minimum 12 EMIs, the Customer shall have the option to foreclose the loan in full or part towards the outstanding principal amount of the loan without any prepayment charge if the loan is prepaid from own sources.The customer who is having an income >= ₹75,000, and net loan amount >₹10 Lakh is eligible for this offer.
Please have a service request registered with regard to personal loan foreclosure. Click here to raise an online token for the same. - Why is there 12 months lock-in period for Personal Loan pre -closure?
The bank incurs the costs towards sourcing of loan accounts, carrying out pre-sanction credit verification, market reference checks etc. These costs are amortized over the normal tenor of the loan and the opportunity to recover this cost is lost when a loan is foreclosed early. - Is insurance mandatory for Personal Loan? Is insurance included in deductions or in EMI?
Insurance is the subject matter of solicitation. We recommend you to protect your loan obligation against unforeseen events so that your family should not have the burden to pay back on behalf of you. - Is there any discount on the interest rate or processing fees applied if I take the Personal Loan online or at a branch?
We are running special offers on regular basis. You can reach out to our branch / RM to know more about the ROI offering. - Is there any stamp duty applicable for taking Personal Loan?
Stamp duty is levied by the Indian government and its compulsory to be paid to the government. - Is there any option to get the processing fees waived?
The bank has to incur some costs while processing and sanctioning of loan and hence the processing fee is charged accordingly. - What documents should be kept handy for new and existing customers?
There is a pre-approved offer that you can avail of through NetBanking wherein no documents are required. If you are not eligible for a pre-approved offer, documents are required to ascertain the profile and loan eligibility. - How to check status of Personal Loan?
You can check the status of your personal loan by using our Loan Status Checker