(Updated on 05.10.2018) HDFC Bank Personal Loan – Apply & Get Attractive Interest Rate From HDFC Bank. Calculate your Personal Loan EMI, Eligibility Calculator, Documents & Fee.
HDFC Personal Loan– Quick, Easy & Instant Approval Online
HDFC Bank Personal Loan
HDFC Bank offers Personal Loan for every customer’s financial requirement. HDFC Personal Loan is the most preferred one for its highly competitive Personal Loan Interest Rates, tempting offerings, reasonable processing fees, Zero hidden charges, instant approval, quick disbursal and lots more.
HDFC bank came up with most unique ‘HDFC Personal Loan Diva’, a tailor-made Personal Loan exclusively for women who are empowered, enlightened and enterprising. HDFC Personal Loan Eligibility Calculator is the effective tool to calculate your eligibility and can have a clear idea about your perfect personal loan. Pay a nominal premium and secure the needs of your loved ones with a Personal Accident cover of up to Rs. 8 Lacs and a Critical Illness cover of up to Rs. 1 Lac on availing a personal loan.
HDFC Home loan is one of the leading home loans in India bringing a smile to thousands lakhs people by helping them buy/build/renovate/expand their dream house/flat.
HDFC Bank Personal Loan Interest Rate
|Interest Rate||Salaried – 14.75% to 20.70%|
|Processing fee range||Up to 2.50% of the loan amount subject to a minimum of Rs. 1,999/- & Maximum of Rs. 25000/- for Salaried Person|
|Loan Amount||25 lacs maximum|
|Tenure||1 year to 5 years|
HDFC Bank Personal Loan EMI Calculator
HDFC Bank Personal Loan EMI Calculator
|Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Personal loan EMI within seconds.
HDFC Bank Personal Loan Eligibility
HDFC personal loan is exclusively for salaried doctors, CAs, employees of private limited companies, employees from public sector undertakings including central, state and local bodies.
Applicants earning at least Rs. 12,000/- per month net income (Rs. 15,000/- in Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Pune, Calcutta, Ahmedabad, Cochin) can avail this loan.
The minimum age of the applicant should be 21 years at the time of application
The maximum age of the applicant should not be above 60 years at the time of loan maturity.
HDFC Personal Loan Diva offers: Pre-approved Personal Loan of Rs 3 lac / HDFC bank has more than 100 Diva offers across premium brands and products.
HDFC Bank Personal Loan Documents Required
The list of documents required for HDFC personal loan are given below:
Proof of identity: Copy of passport/voter ID card/driving license
Proof of address: Copy of ration card/telephone or electricity bill/rental agreement/passport
Last 3 months bank statement/6 months bank passbook
Latest salary slip/ current dated salary certificate with the latest Form 16.
Documentation for HDFC Bank personal loan varies from individual to individual.
HDFC Bank Personal Loan Prepayment
HDFC Personal Loan prepayment for salaried individuals
13-24 Months – 4% of Principal Outstanding,
25-36 Months – 3% of Principal Outstanding
Above 36 Months – 2% of Principal Outstanding
No pre-payment permitted until repayment of 12 EMIs.
HDFC Bank Personal Loan FAQs
Q1) What is the maximum loan tenure of HDFC personal loan?
The maximum loan tenure of HDFC personal loan is 60 months.
Q2) Can an applicant choose between fixed or floating interest rate?
Yes, an applicant has the option to avail HDFC personal loan with either a fixed interest rate or floating rate.
Q3) Does the borrower has the option to prepay the loan amount?
Yes, the borrower has the option to prepay HDFC personal loan amount without any prepayment penalty.
Q4) Do an applicant needs to provide security to apply for HDFC personal loan?
No security is required to apply for HDFC personal loan.
HDFC Bank Latest News
1) HDFC Bank will offer digital savings bank account, credit cards and instant loans to users of its ‘Pay Zapp’ app. HDFC Bank is already the leading bank terms of credit cards in credit cards with over 1 crore in circulation. It currently issues 2.5 lakh new cards every month. The PayZapp platform is expected to take this to 5 lakh a month. HDFC Bank aims to be a one-stop shop for solutions to accept different forms of e-payments. The bank will offer merchants acceptance solutions for different form factors and will target early adopters of e-payments.
2) HDFC Bank announced zero transaction fees on RTGS & NEFT transactions. This zero charges is applicable for savings and salary account earlier for which up to ₹ 25/- was charged. The bank has approved this waiver in order to promote digital economy in India. On cheque book issuance, the bank said that a customer can avail one cheque book of 25 leaves free only once in a year. Also, if a cheque is returned due to insufficient balance, each of the cheque will attract a penalty of ₹ 500 each. If the cheque deposited are returned unpaid then ₹ 200/- will be charged.
3) HDFC launched ‘Easy EMI’ on Debit Cards on September 17, With which customers will get a pre – approved loan offers on their debit cards which they can use with just one – swipe at outlets. As the festive season is coming, This ‘Easy EMI’ option will be convenient for the customers who can avail the benefit. Minimum loan amount that can be availed through easy EMI option is ₹ 10,000. HDFC said that in the first phase, Pre – approved Easy EMI option will be offered to approx. 8 million bank customers across India.
Things that you can buy with the option!
- Consumer durable
- Fitness equipment
- Booking flights & train tickets
- For availing medical treatment
Directions for using brand new option of ‘Easy EMI’
- Swipe the debit card and select Easy EMI option (for offline as well as online payments).
- HDFC will send a SMS or an Email to confirm the eligible customers.
|Loan Amount||Tenure||Interest Rate||Loan EMI|
|₹ 1,50,000.00||36 months (3 years)||16.25%||₹ 5,292|
YEARLY & MONTHLY CALCULATED VALUES FOR HDFC BANK PERSONAL LOAN AMOUNT OF Rs. 1,50,000 @ INTEREST RATE OF 16.25% FOR 3 YEARS (36 MONTHS)
Note : Values calculated on 01.03.17
|Year||Principal Amount (X)||Interest Amount (Y)||Principal & Interest Amount (X+Y)||Outstanding Amount|
|2016||₹ 42,180||₹ 21,325||₹ 63,505||₹ 1,07,820|
|January||₹ 3,261||₹ 2,031||₹ 5,292||₹ 1,46,739|
|February||₹ 3,305||₹ 1,987||₹ 5,292||₹ 1,43,434|
|March||₹ 3,350||₹ 1,942||₹ 5,292||₹ 1,40,084|
|April||₹ 3,395||₹ 1,897||₹ 5,292||₹ 1,36,689|
|May||₹ 3,441||₹ 1,851||₹ 5,292||₹ 1,33,248|
|June||₹ 3,488||₹ 1,804||₹ 5,292||₹ 1,29,761|
|July||₹ 3,535||₹ 1,757||₹ 5,292||₹ 1,26,226|
|August||₹ 3,583||₹ 1,709||₹ 5,292||₹ 1,22,643|
|September||₹ 3,631||₹ 1,661||₹ 5,292||₹ 1,19,012|
|October||₹ 3,680||₹ 1,612||₹ 5,292||₹ 1,15,331|
|November||₹ 3,730||₹ 1,562||₹ 5,292||₹ 1,11,601|
|December||₹ 3,781||₹ 1,511||₹ 5,292||₹ 1,07,820|
|2017||₹ 49,569||₹ 13,936||₹ 63,505||₹ 58,251|
|January||₹ 3,832||₹ 1,460||₹ 5,292||₹ 1,03,988|
|February||₹ 3,884||₹ 1,408||₹ 5,292||₹ 1,00,104|
|March||₹ 3,937||₹ 1,356||₹ 5,292||₹ 96,167|
|April||₹ 3,990||₹ 1,302||₹ 5,292||₹ 92,178|
|May||₹ 4,044||₹ 1,248||₹ 5,292||₹ 88,134|
|June||₹ 4,099||₹ 1,193||₹ 5,292||₹ 84,035|
|July||₹ 4,154||₹ 1,138||₹ 5,292||₹ 79,881|
|August||₹ 4,210||₹ 1,082||₹ 5,292||₹ 75,671|
|September||₹ 4,267||₹ 1,025||₹ 5,292||₹ 71,403|
|October||₹ 4,325||₹ 967||₹ 5,292||₹ 67,078|
|November||₹ 4,384||₹ 908||₹ 5,292||₹ 62,694|
|December||₹ 4,443||₹ 849||₹ 5,292||₹ 58,251|
|2018||₹ 58,251||₹ 5,254||₹ 63,505||₹ 0|
|January||₹ 4,503||₹ 789||₹ 5,292||₹ 53,748|
|February||₹ 4,564||₹ 728||₹ 5,292||₹ 49,184|
|March||₹ 4,626||₹ 666||₹ 5,292||₹ 44,558|
|April||₹ 4,689||₹ 603||₹ 5,292||₹ 39,869|
|May||₹ 4,752||₹ 540||₹ 5,292||₹ 35,117|
|June||₹ 4,817||₹ 476||₹ 5,292||₹ 30,300|
|July||₹ 4,882||₹ 410||₹ 5,292||₹ 25,419|
|August||₹ 4,948||₹ 344||₹ 5,292||₹ 20,471|
|September||₹ 5,015||₹ 277||₹ 5,292||₹ 15,456|
|October||₹ 5,083||₹ 209||₹ 5,292||₹ 10,373|
|November||₹ 5,152||₹ 140||₹ 5,292||₹ 5,221|
|December||₹ 5,221||₹ 71||₹ 5,292||₹ 0|
|HDFC BANK PERSONAL LOAN BRANCHES IN NEW DELHI/NCR|
|Contact Address||IFSC Code||MICR Code|
|Hdfc Bank Ltd 40 Community Centre Zamaroodpur New Delhi Delhi 110048||HDFC0004108||110240386|
|Hdfc Bank Ltd Ramnath House Yusuf Sarai Complex, New Delhi – 110029||HDFC0001664||110240214|
|C-1/14 A,Yamuna Vihar, New Delhi – 110053||HDFC0000395||110240061|
|Hdfc Bank Ltd C-192, Vivek Vihar, New Delhi – 110092||HDFC0001672||110240203|
|B-6, Vishal Enclave, Near Raja Garden, New Delhi – 110018||HDFC0000933||110240124|
|Hdfc Bank Ltd 5 Community Centre Basant Lok Vasant Vihar Delhi Delhi 110057||HDFC0004029||110240427|
|Hdfc Bank Ltd Grnd Flr C 1 5 Rama Park Uttam Nagar Main Najafgarh Rd Dwarka More New Delhi – 110059||HDFC0003756||110240393|
|Hdfc Bank Ltd Wz G 1 161 Ground Floor Uttam Nagar Main Road New Delhi Delhi 110059||HDFC0004110||110240403|
|Gr Floor G 83 Vikas Marg Preet Vihar, New Delhi – 110092||HDFC0001561||110240183|
|Hdfc Bank Ltd499 Kohat Enclave, Pitampura, New Delhi – 110034||HDFC0001442||110240174|
|Hdfc Bank Ltdshop No.11, Parliament Street, New Delhi – 110001||HDFC0001659||110240211|
|A 337Meera Bagh (Outer Ring Road, )Paschim Vihar, New Delhi – 110063||HDFC0001564||110240191|
|Hdfc Bank Ltd Ground Floor R 21 B Main Road Palam Delhi Delhi 110045||HDFC0004345||110240425|
|Property No 16/10164Padam Singh Road, Karol Bagh, New Delhi – 110005||HDFC0001317||110240147|
|B – 5, Ashoka Niketan Main Roadnear, Vivek Vihar, New Delhi – 110092||HDFC0000193||110240026|
|D-1, Shopping Centre No 2, Vasant Vihar, New Delhi – 110 057||HDFC0000011||110240002|
|G-4, Ground Floorsurya Kiran Bldg 19, Kasturba Gandhi Marg, New Delhi 110 001||HDFC0000003||110240001|
|Plot No. F-3/6, Krishna Nagar Delhi – 110051||HDFC0000709||110240114|
|G 1 And 2,Ashish Corporate Tower,Plot No. 18, Community Centre, Karkardooma, Delhi – 110092||HDFC0000481||110240073|
|CC 31 ,Kalkaji,New Delhi – 110019||HDFC0000271||110240032|
|B-10, Gujranwala Town Part Iring Road, New Delhi – 110009||HDFC0000247||110240031|
|M-44, Greater Kailash-Ii Marketgreater Kailash Ii, New Delhi – 110 048||HDFC0000027||110240005|
|Aggarwal Central Plaza, Plot No 11, Sector 5, Dwarka, New Delhi – 110075||HDFC0000249||110240030|
|H-69,Outer Circle,Connaught Circus, New Delhi – 110001||HDFC0000313||110240045|
|UG-10, 11 & 12, Bhikaji Cama Place New Delhi New Delhi 110029||HDFC0000678||110240104|
|B-3/2,Ashok Vihar, Phase-Ii, New Delhi – 110052||HDFC0000287||110240039|
HDFC BANK PERSONAL LOAN TRENDS OCTOBER 2018