HDFC Personal Loan : HDFC Bank offers personal loan @ 10.85% p.a. onwards for loan amount of up to Rs 40 lakh and for tenures of up to 6 years.
The bank also offers pre-approved personal loans to its select existing customers, including those applying through HDFC Personal Loan with instant loan disbursal in just 10 seconds.
Existing personal loan borrowers of other banks and NBFCs can also avail HDFC Bank Personal Loan to transfer their outstanding personal loan to HDFC Bank at lower interest rates.
HDFC Bank also offers Golden Edge Personal Loan, a special personal loan scheme for individuals having minimum monthly income of Rs 75,000 and loan amount requirements ranging between Rs 10 lakh and Rs 40 lakh.
| HDFC Bank Personal Loan Highlights | |
| Interest Rate | 10.85% p.a. onwards |
| Loan Amount | Up to Rs 40 lakh |
| Tenure | Up to 6 years |
| Minimum Monthly Salary | Rs 25,000 |
| Processing Fee | Up to Rs 6,500 |
| Pre-approved instant personal loan | Offered to select customers of HDFC Bank with loan disbursal in 10 seconds |
| Pre-closure Charges | For salaried:
4% of principal outstanding (13-24 months) 3% of principal outstanding (25-36 months) 2% of principal outstanding (After 36 months) |
| Part-payment Fees | For salaried:
4% of principal outstanding (13-24 months) 3% of principal outstanding (25-36 months) 2% of principal outstanding (After 36 months) |
| Documentation |
Proof of Identity Proof of Address Bank statements (last 3 months) Salary slips (latest) |
Note: Rates as of 6th January 2025
