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HDFC Bank Personal Loan - Apply Online @15.50%

4.8 stars based on 271 reviews

How much would you like to borrow?

Choose an amount between ₹50,000 and ₹5,000,000.

Loan Amount

25K9L17L25L33L42L50L
Interest Rate

%

10.5%15.5%20.5%25.5%30.5%40%
Tenure

mo

12m22m32m42m52m60m
Personal Loan EMI Calculator
Loan EMI
23,537
Total Interest payable
64,888
Total Payment
(Principal + Interest)
5,64,888
Break-up of Total Payment
Interest Amount (₹64,888)
Loan Amount (₹5,00,000)
Bank/NBFCInterest RateMin. Loan AmountMax. Loan AmountMin. TenureMax. TenureProcessing Fees Part PaymentApply Now

HDFC Bank

15.5% - 21.5%

100000

2500000

12

60

Up to 2.50% + GST as applicable

Apply
Rate of Interest is high ?
Rate of Interest is high ?

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Not getting the desired Loan Amount?
Not getting the desired Loan Amount?

Try Adding the income of a co-applicant like a working spouse

Have multiple existing loans?
Have multiple existing loans?

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HDFC Bank Personal Loan Details

HDFC Bank Personal Loan

Getting personal loans from the premium bank- HDFC Bank is quick, competitive and very transparent. If you are looking for a bank that can give approval in just 5 minutes for a personal loan, then your search ends here. Personal Loan can be availed up to ₹4,000,000 and for a tenure of 5 years. Irrespective of what your need is make use of the HDFC banking service for availing a personal loan and meet your needs in a hassle free process.

HDFC Bank also offers pre-approved personal loans to their existing customers. There are no documents required at all to avail it. And, the disbursal happens within 10 seconds of successfully applying. 

Even, for non-existing customers, HDFC offers a fairly simple, easy and hassle-free personal loan application process. The bank requires only minimal documentation. To such customers as well, the bank can offer a personal loan in as less as 4 hours. The lowest EMI in the best case starts at ₹2187/lakh, which is very less and affordable by all.

The HDFC Bank has structured its personal loans in such a way that it can offer flexible & custom solutions to all. As such, the bank offers longer and flexible tenures, a wide range of loan amount, fast disbursals and affordable personal loan rates.

HDFC Bank Personal Loan Details

Institution Type: Bank

Minimum Loan Amount: ₹50,000

Maximum Loan Amount: ₹4,000,000

Minimum Tenure: 12 months

Maximum Tenure: 60 months

Interest Rates: 15.50% - 21.50%

Fees & Charges: Up to 2.50% + GST as applicable

Features of HDFC Personal Loan

  • Repay with easy EMIs.
  • Avail Attractive Interest Rates.
  • Hassle-free Loans - No Guarantor / Security or Collateral required.
  • Speedy Loan Approval.
  • Credit Shield.
  • Disbursal in 2 Days.
  • Borrow up to ₹2,500,000 for any purpose, depending on your requirements.
  • Flexible repayment options, ranging from 12 to 60 months.
  • Convenience of service at your doorstep.
  • Personal Accident Cover.
  • Customized Offer for corporate Employees & Women Professionals.
  • Quick Loan Disbursal.
  • Online loan request option available.
  • Low pre-payment charges also waiver is offered after 36 months.
  • Can instantly check loan eligibility.
  • It offers personalized loan quotation.
  • 24/7 Customer Support.

Benefits of HDFC Bank Personal Loan

  • Special offers, interest rates and charges for all HDFC Bank account holders.
  • Easy Documentation processing & 100% Transparency on all transactions.
  • Maximum Loan up to ₹4,000,000 for up to 5 years.
  • Flexible Interest Rate and special interest rates for women borrowers.
  • Fastest Loan Approval by just 10 Seconds.
  • Flexible repayment options which is ranging from 12 months to 60 months.
  • Loan is offered for First Time Loan Borrowers.
  • Zero Hidden Charges, very lowest processing fee & most convenient repayment options.

HDFC Diva Personal Loan - Personal Loan for Women

Well you have known personal loan since quite a long time but HDFC who is pioneering in any financial innovation that you can imagine has launched a personal loan targeted only to women. They called it as “Diva Loan”

HDFC Diva Loans is a personal loan targeted to working women who do not have high income but earn the money regularly. It is a loan designed for a smart, extraordinary & independent woman. The loan is epitome of today’s women who is walking hand in hand with men. It is for a woman of today who does not like to be dependent on any men for her needs or for her emergencies. This personal loan comes with other privileged benefits apart from loan amount. This personal loan is definitely an instrument to empower a woman & let her know that we are with you to overcome every obstacle that might come in between you & your dreams.

Why women should choose HDFC Bank Diva Personal Loan?

HDFC is one of the few financial institutes who have recognized the need of personal loan designed for a woman. The privilege scheme under Diva loan is amazingly design. It is very flexible for smart women who do not have much time to visit the bank bench. You can check the eligibility for the loan online through Finance Buddha. HDFC offers pre-approved loan up to ₹300,000 under Diva personal loan. Diva privilege is applicable for more than 100 brands.

How would you redeem your privilege points?

To avail Online Offers:

  1. Provide your unique Diva number either by calling at HDFC call center or by writing them an Email at their customer care center.
  2. Once the DIVA Unique Number is verified, a verification email to confirm your product will be sent to your email ID.
  3. After the conformation of Diva number, a vouched code & details of redemption will be sent to your Email ID
  4. You can log into merchant/ partner’s website & use the voucher code at the time of payment for your purchase items.

To avail Products / Gift Vouchers:

  1. Provide your unique Diva number either by calling at HDFC call center or by writing them an Email at their customer care center.
  2. Once the DIVA Unique Number is verified, a verification email to confirm your product will be sent to your email ID.
  3. You can pay by card/ cheese to purchase the desired product/ gift voucher
  4. The product/ gift voucher will be delivered to you in 15 working days.

M-coupons:

  1. Provide your unique Diva number either by calling at HDFC call center or by writing them an Email at their customer care center.
  2. Once the DIVA Unique Number is verified, a verification email to confirm your product will be sent to your email ID.
  3. On confirmation, a promo code will be sent through an SMS to you whom will have to be flashed at the respective outlet to avail the offer/service.

Why should you choose HDFC Bank for Personal Loans?

  • You can fore-close your whole personal loan any time after paying 12 regular EMI's and Pre-payment charges which differ year after year: 2nd year - 4%; say 3rd year - 3%, then after 3 years - 2%.
  • This bank has been rated 5 stars by its customers for the service quality.
  • It has over 4,972 branches all over India where services can be availed.
  • HDFC Bank provides special schemes and discounts.
  • For higher loan amount and low interest rates.
  • For decent loan amounts even if the CIBIL score is below 750.
  • Loan eligibility chiefly depends on the firm where the individual works, each bank has a manuscript with list of companies for which it is ready to offer loan, if the applicant’s company is one among them then obtaining loan is like a cake walk.
  • Quick personal loans like experience express loan processing, quick disbursal, easy documentation and door-step service.
  • Transparency with zero hidden charges, utmost clarity on loan processing with latest information about personal loan application at each stages and reasonable processing fees
  • Competitive pricing is benefited from the competitive loan interest rates and appropriate repayment options.

How to apply online for HDFC Bank Personal Loan?

Finance Buddha is India's #1 DSA for personal loan, and also everyone can apply for a loan with banks directly. In this website you just have to update your details such as current company, take home salary, existing EMI amount, salary account bank, loan requirement and tenure, and it will auto-calculate the amount that should be paid per each bank’s interest rates, its processing fees, etc. More details are provided below.

Though not many websites offer such a facility, this is a good option before apply for a loan from bank. Getting rejected from a bank or NBFC is also a factor that can affect your CIBIL, thus applying at many places without knowing the eligibility and CIBIL score is not a great move. At Finance Buddha, you just have to give information about your net take home salary, existing EMI amount and company name. With these your loan eligibility with banks list will be immediately shown, which includes the bank name and maximum amount you are eligible to get a personal loan.

Eligibility Criteria for HDFC Bank Personal Loan

HDFC Bank Personal Loan Eligibility Criteria Overview

Age of Applicant

Min-21 years; Max-60 years.

No. of years in employment

2 years & above

Current Experience

1 year & above

Net Monthly Income

₹15,000/- & above (CAT-A companies) ₹20,000/- & above (Non-listed companies)

HDFC Diva Personal Loan Eligibility Criteria

  • If you are a salaried person working in private sector & receiving regular salary.
  • If you are a salaried person & working in state, central or local government office or department.
  • If you are a self-employed person like doctor or CA & receive regular income.
  • If your age is between 21 to 60 years.
  • If you have at least two years of work experience including one year of work experience with your current employer.
  • If you live in cities like Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Pune, Calcutta, Ahmedabad, Cochin & earn at least ₹25,000 a month.
  • If you live in any other city & earn monthly income of ₹20,000.

HDFC Bank Personal Loan Interest Rates, Fees & Charges

 HDFC Personal Loan Interest Rate, Fee & Charges

Minimum Rate

15.50%

Maximum Rate

21.50%

Processing Fee

Up to 2.50% + GST as applicable

Fore-closure charges

Nil – 4.00%

Repayment

In up to 5 Years

 

Category

Salaried

Self Employed

Interest Rate

15.50% - 21.50%

16.25% - 19.75%

Loan Tenure

From 12 months to 60 months

From 12 months to 36 months

Loan Amount

₹100,000 - ₹2,500,000

₹500,000 - ₹1,500,000

Processing Fee

Up to 2.50% + GST as applicable; Min - ₹999, Max - ₹25000

2.5% + GST as applicable; Min ₹1,000 Max ₹75,000

Age

Min 21 years and Max 60 years

Min 21 years and Max 65 years

Prepayment Charges

Not allowed

Not allowed

Foreclosure Charges

Allowed after 12 EMI's, Prepayment charges vary by year: 2nd year - 4%; 3rd year - 3%, after 3 years - 2%

Allowed after 6 EMI's, Prepayment charges vary by year: 2nd year - 4%; 3rd year - 3%, after 3 years - 2%

HDFC Personal Loan EMI Calculator

Use the flexible online Loan EMI Calculator and Finance Buddha to get to know the EMI you will have to pay for the amount you borrow.

Documents Required for HDFC Bank Personal Loan

For Salaried Employees:

  • Filled up loan application form
  • 2 Passport Size Photo
  • Identity Proof: Passport / Driving License / Voter ID / PAN Card
  • Residential Address Proof: Driving License / Registered Rental Agreemen t / Utility Bill (upto 3 months old), Passport
  • Income Documents: Last 3 months payslip, 3 months bank statement showing salary credit and any EMI debit.

For Self-Employed:

  • Filled up loan application form
  • 2 Passport Size Photo
  • Identity Proof: Passport / Driving License / Voter ID / PAN Card
  • Residential Address Proof: Driving License / Registered Rental Agreement / Utility Bill (upto 3 months old), Passport
  • Income Documents: Last 3 months payslip, 3 months bank statement showing salary credit and any EMI debit.
  • Business Proof: VAT / Service Tax Registration, Incorporation details in case of companies, Business Address Proof.
  • Additional Proof for Self-employed: sole proprietorship declaration / partnership form

Documents Required for HDFC Diva Personal Loan

Documents required for Diva loan from HDFC differs from person to person depending upon amount of income & place of work. Following are the documents required for the loan

  • Filled up loan application form
  • 2 Passport Size Photo
  • Identity Proof: Passport / Driving License / Voter ID / PAN Card
  • Residential Address Proof: Driving License / Registered Rental Agreemen t / Utility Bill (upto 3 months old), Passport
  • Income Documents: Last 3 months payslip, 3 months bank statement showing salary credit and any EMI debit.
  • Business Proof: VAT / Service Tax Registration, Incorporation details in case of companies, Business Address Proof.
  • Additional Proof for Self-employed: Sole Proprietorship Declaration / Partnership form.
Frequently Asked Questions

How do I know if am eligible for a HDFC personal loan?

All you need to do is just check your eligibility through Finance Buddha and apply for the loan.

What are the advantages of applying HDFC Bank personal loan through Finance Buddha?

Checking personal loan status is now a very simple job. You just have to log into the bank web-site with net banking account. You can get best possible rate of interest. Through this it is possible to have instant e-approval of loan with real-time tracking facility.

What is the limit of amount that I can avail through HDFC personal loan?

Minimum limit is Rs. 50,000 and maximum is Rs. 15 Lakhs depending on repayment history and financial credentials of the borrower.

HDFC Bank Personal Loan ReviewsView All

Atharva M.

5 / 5

There are many plus points with HDFC Bank. The processing is really fast with HDFC for personal loan. Personal loan interest rate over here is also low comparatively. I can say this with my personal experience as I have a personal loan with them.
Karthee Kada YADAV

5 / 5

It is my second experience with HDFC Bank. I already have a loan with HDFC Bank and my experience with it was good. Now again I went with HDFC Bank for my personal loan. and they were right on my expectations. Everything went well and my online personal loan was approved with them on affordable interest rate
Dinakaran

5 / 5

I have applied for a personal loan with HDFC Bank. The interest rate at which they offered me loan is 13.50% P.A, the processing charge is 1.50%. My loan approval was delayed and it got approved on the 8th day. Somewhat disappointed!
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