Instant HDFC Bank Personal Loan With an interest rate starting from 10.75% p.a., the HDFC personal loan gives you a flexible tenure of up to 5 years. You can apply instant HDFC personal loan online and avail of the loan amount of up to Rs. 15 lakh with processing fees of up to 2.5% on …
With an interest rate starting from 10.75% p.a., the HDFC personal loan gives you a flexible tenure of up to 5 years. You can apply instant HDFC personal loan online and avail of the loan amount of up to Rs. 15 lakh with processing fees of up to 2.5% on the loan quantum.
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HDFC personal loan quantum, tenure, and interest rates will depend on the income of the borrower. But the following loan criteria can provide you an overview of the loan criteria before you apply HDFC personal loan online.
|Available Loan Quantum||Rs. 50,000 to Rs. 15,00,000|
|Available Tenure||Up to 5 years|
|Rate of Interest||10.75% to 21.30% per annum|
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The features are quite simple if you apply instant HDFC personal loan online.
The bank can charge the following fees and charges from the borrowers who have applied for HDFC personal loan online.
Calculating the EMIs of the HDFC personal loans is quite simple on Roopya’s official website. You have to put the required loan amount, tenure, and interest rate and click on the “Calculate” button to find the EMI.
For example, if a borrower apply HDFC personal loan online worth Rs. 1lakh from @ 15.5% interest rate per annum, then the EMI calculation will be as follows.
To calculate your EMI, check: EMI Calculator
Borrowers have to repay the loan in EMIs that they can pay via ECS or post-dated cheques. Or they can debit the EMI amount from their HDFC bank accounts.
No, only salaried persons are eligible for HDFC personal loan.
No, HDFC personal loans only charge fixed rates of interest.
Borrowers can get tenure of up to 5 years for HDFC bank personal loan.
If you have taken HDFC personal loan after 1 April 2018, then you can avail of the conditional part-payment option after paying the first 12 EMIs.
Within a loan tenure, a borrower can make part-payments twice.
In a year, the borrower can make part-payment once.
The part-payment amount exceeding 25% of the outstanding principal is not allowed.
The part-payments fees should be paid for the payment.
You have to visit the official website of HDFC bank and put the proposal or reference number of the loan and your phone number to check its status.
As per the RBI guidelines, if a borrower has taken a personal loan before 1 March 2020, then he or she is eligible for the HDFC personal loan moratorium. However, whether a borrower having overdue before 1 June 2020 will get the moratorium facility or not solely depends on the HDFC bank.
A borrower can dial the following numbers between 8 a.m. to 8 p.m. and reach out to a customer care executive for any queries about how to get instant HDFC personal loan. Avoid calling on Sundays and bank holidays. Visit their page for more details.