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Calculate Your Personal Loan EMI
Amount
50000 4000000
Period
6 Months 60 Months
Interest Rate
10.85 % 21 %
Your Monthly EMI will be ₹/- per month
Apply for Personal Loan Online
A Personal Loan is an unsecured loan where you can borrow funds without having to pledge any form of security. The approval for your HDFC Bank Personal Loan will depend on your income, employment status and creditworthiness. With HDFC Bank, you get XPRESS Personal Loan up to ₹40 Lakh and repay it through pocket-friendly EMIs across flexible tenures.
At HDFC Bank, we bring to you a fully digital and streamlined application process to help you get access to funds from anywhere, at any time; 24/7 even on bank holidays! Enjoy fixed interest rates and flexible repayment tenures that make budgeting straightforward and allow you to focus on what truly matters.
What’s more, as an existing HDFC Bank customer, you can take advantage of pre-approved Personal Loan offers. Apply through the Xpress Personal Loan portal or NetBanking and get instant access to funds with zero documentation. Unlock financial freedom with HDFC Bank XPRESS Personal Loan – a quick and flexible financial solution that can meet both planned and unplanned expenses.
HDFC Bank Personal Loan: Key Features
Benefits of Personal Loan
No Collateral Required
Enjoy hassle-free financing without pledging any assets or property. Loan approval is based solely on your income and creditworthiness.
Quick Access to Funds
Personal Loans are processed swiftly, ensuring you receive the funds in no time—often within seconds or just a few days after approval.
Flexible Usage
Use your loan for virtually any purpose; be it a wedding, home renovation, medical emergency or travel. There are no restrictions on how you spend the funds.
Budget-Friendly EMIs
Benefit from fixed and affordable EMIs that ensure easy repayment without stretching your finances.
Personal Loan Interest Rates and Charges
At HDFC Bank, all fees and charges associated with the loan are disclosed at the time of loan application.
| Rate of Interest | 10.85% to 24.00% (Fixed Rate) |
| Loan Processing Charges | Up to ₹ 6,500/- + GST |
| Stamp Duty | At actuals (Per applicable state laws) |
You can get the complete schedule of Personal Loan fees and charges here.
Personal Loan Eligibility Criteria
- Age: 21 to 60 years
- Employment:
- Employees of private limited companies
- Employees of public sector undertakings (central, state, and local bodies)
- Work Experience: Minimum of 2 years of total work experience, with at least 1 year in the current organisation
- Income: Minimum monthly net income of ₹25,000
Know your Personal Loan eligibility criteria now. Apply today and get quick access to funds.
Documents required for Personal Loan
- Identity Proof & Address Proof
- Copy of valid passport
- Voter ID card
- Driving license
- Aadhaar card
- Bank statement of previous 3 months or Passbook of previous 6 months
- Two latest salary slips/current dated salary certificates with the latest Form 16
Note: No documents for pre-approved Personal Loan
Find the complete list of Personal Loan documents.
Do More with Personal Loan
At HDFC Bank, we empower you to achieve your goals with ease and flexibility. A Personal Loan provides access to funds without dipping into your savings
Personal Loan for Medical Emergency
Secure financial backing in times of unforeseen medical situations.
Cover medical bills, hospital expenses and aftercare costs without delay.
Benefit from a quick online application process with fast disbursal.
Know More about Personal Loan for Medical Emergency
Personal Loan for Marriage Expenses
Make your dream wedding a reality.
Fund essentials—venue, attire, décor and more.
Enjoy the convenience of an easy online application process, flexible repayment terms and competitive interest rates.
Know More about Personal Loan for Marriage
Personal Loan for Home Renovation
Upgrade or transform your living space with collateral-free loans.
Use funds for interior upgrades, energy-efficient solutions or new features.
Access quick disbursal, fixed interest rates and flexible repayment options.
Know More about Personal Loan for Home Renovation
Personal Loan for Travel
Plan your dream vacation without dipping into your savings.
Get a quick loan to cover all your travel expenses.
Repay the loan with flexible repayment terms.
Know More about Personal Loan for Travel
How to Apply for Personal Loan
- Step 1: Visit the HDFC Bank Xpress Personal Loan portal.
- Step 2: Select your occupation.
- Step 3: Identify yourself using your mobile number and DOB/PAN.
- Step 4: Provide personal details.
- Step 5: Verify income.
- Step 6: Check the loan offer.
- Step 7: Complete Aadhaar-based KYC.
- Step 8: Enjoy quick funds in your bank account.
Know more about How to Apply for Personal Loan
Protect Yourself with Insurance
Personal Accident Cover:
For a nominal premium* you can avail of Personal Accident cover of up to ₹ 8 Lakhs, and Critical Illness cover of up to ₹ 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 ₹ 8 Lakhs*
- Accidental Death/Permanent Disablement cover of up to ₹ 1 Lakh*
*Terms and conditions of the insurers shall apply. The policy is offered by HDFC Ergo GIC Ltd.
Save Money With Personal Loan Balance Transfer
Lower your Personal Loan EMI by doing a balance transfer to HDFC Bank - Personal Loan Balance Transfer
- Interest rates as low as 10.85%* on the existing loan transfer
- Flat Processing fess starting at Rs 6,500/- + GST
- To transfer your loan balance, apply now.
*Applicable for NTH>50K
Get 24X7 Assistance Anywhere
For any help with your loan, you can reach out to us via WhatsApp no - 70700 22222, Webchat, Click2Talk and PhoneBanking.
Personal Loan FAQs
- 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. - What is the nature of Interest Rate charged?
HDFC Bank offers Fixed rate of interest at reducing balance method. - 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 long will it take for my Personal Loan application to be processed?
Loan processing and disbursement will take at least 7 working days post submission of all requisite documents and information as may be required by the Bank as per Bank's criteria. The sanction / decline of loan application are at the sole discretion of the bank. - How to check status of Personal Loan?
You can check the status of your personal loan by using our Loan Status Checker.