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Housing and Development Board Financial Services Personal Loan, Interest Rate and EMI Calculator 2018

(Updated on 05.07.18) HDBFS Personal Loan July 2018 –  Get Instant Quick & Easy Approval on HDB Personal Loan. Loansninsurances.com provide a simple tool to calculate your Personal Loan EMI on the basis of ✓Interest Rate ✓Loan Tenure ✓Processing Fee ✓Eligibility ✓Best Offers & more.

HDBFS Personal Loan – Quick, Easy & Instant Approval Online

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Disclaimer: We do not provide Personal Loans but help you to connect with banks to get best deals.
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HDBFS Personal Loan

Housing and Development Board Financial Services is a leading financial institution for providing personal loan. HDB Financial Services Personal Loan can be availed for wedding, a dream vacation, renovating your home or funding your child’s education. HDBFS Financial Services comes with lots of features and benefits like convenience of doorstep service, quick and speedy processing, attractive rate of interest, minimum or hassle free documentation and special offer for employees of select companies. The maximum loan amount is up to Rs. 20 Lakhs and no guarantor or security is required to avail HDBFS personal loan.

HDBFS Personal Loan Interest Rate

Rate of Interest

15.95% to 18.95% p.a.

Tenure

12 to 60 months

Maximum Loan Amount

Rs. 20 lakh

Processing Fees

Upto 3%

Prepayment Charges

Nil

Security

Nil

HDBFS Personal loan Features

  • Maximum Loan amount is up to Rs. 20 Lakhs.

  • Loan Tenure ranges from 12 to 60 months.

  • No guarantor or security is required for HDBFS Personal loan.

  • There is convenience of doorstep service.

  • Processing of personal loan is quick and speedy.

  • Minimum and hassle free documentation.

  • Attractive offers for employees of renowned companies.

HDBFS Personal Loan Eligibility Criteria

For Salaried Individuals

  • The minimum age of applicant should be 21 years.

  • Maximum age of applicant at the time of loan maturity should be 60 years and 65 years for government employees.

  • The applicant should have minimum 1 year in employment with minimum 1 month salary credit in the current organization.

  • The minimum net monthly income is Rs 20,000 for Metro Locations (Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai & Pune) and Rs. 15,000 for all other locations.

For Self Employed Individuals

  • The minimum age of applicant should be 22 years.

  • Maximum age of Applicant at loan maturity is 65 years.

  • The applicant should have minimum 4 years in business with minimum 2 years in the same Business.

  • The minimum annual income should be Rs. 100000 p.a. for Metro Locations and Rs. 75,000 p.a. for non metro locations.

HDBFS Personal Loan Documents Required

For Salaried Individuals

  • Passport / Voters ID / Driving License/PAN Card/Aadhar Card/ Photo Ration Card as proof of Identity.

  • Ration card /Driving License/ Voter ID/ Utility Bill (anyone within last 3 months) / Registered Rental Agreement / Passport as address proof.

  • Driving License / PAN Card / Passport / Birth Certificate / 10th / 12th mark sheet bearing date of birth as Date of Birth Proof.

  • Latest 3 Months bank statements or 6 months bank passbook as Bank Statements

  • Latest 3 Months Salary Slip along with latest Form 16 / ITR / Appointment Letter.

For Self Employed Individuals

  • Passport / Voters ID / Driving License/PAN Card/Aadhar Card /Photo Ration Card as proof of identity.

  • Ration card /Driving License/ Voter ID/ Utility Bill (anyone within last 3 months) / Registered Rental Agreement / Passport as Address Proof.

  • Driving License / Pan Card / Passport Copy / Birth Certificate / 10th / 12th mark sheet bearing date of birth as Date of Birth Proof.

  • Latest 3 Months bank statements or 6 months bank passbook as Bank Statements.

  • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA .

  • Trade license /Establishment /Sales Tax certificate as Proof of continuation.

  • Other Mandatory Documents (Sole Prop. Decl. Or Cert. Copy of Partnership Deed, Cert. Copy of MOA, AOA & Board resolution.)

HDBFS Personal Loan EMI Calculator

HDBFS Bank Personal Loan EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Home loan emi within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

If you need around Rs 10,00,000 , you can apply for personal loan from HDBFS at 15.95%  p.a. interest rate for 5 years. Below is the amortization table for the same.

HDBFS Amortization Table

Year

Principal

Interest

Balance Amount

1

Rs. 142,082

Rs. 149,410

Rs. 857,918

2

Rs. 166,477

Rs. 125,015

Rs. 691,441

3

Rs. 195,060

Rs. 96,432

Rs. 496,381

4

Rs. 228,550

Rs. 62,942

Rs. 267,831

5

Rs. 268,150

Rs. 23,702

Rs. 0

How to apply HDBFS Personal Loan

You can apply for quick and easy HDBFS personal loan online through loansninsurances.com. Login to the registration page and enter the required details. Both existing and new customers can apply for the personal loan.

HDBFS Personal Loan Customer Care Number

If you have any type of queries on HDBFS personal loan then please contact the customer care executive at their toll free number that is 9415022242 . These customer care executives are always available for your service. You can call them any time to solve your problem.