HDFC Bank Personal Loan

HI I would like to know the eligibility as well as the documents required for application of a personal load with HDFC Bank?

[Shaleen]

HDFC Bank individual credits can meet all your money related needs viably. With rearranged documentation and rapid endorsements, benefiting individual advances couldn't get simpler. You can check your Personal Loan qualification Online or visit your closest HDFC Bank office.

HDFC Bank Personal Loan Eligibility Factors

You are qualified for HDFC Bank individual advance if:

You are somewhere around 21 and 60 years old

In the event that you are salaried, you are in a full time work for no less than 24 months of which not less 12 months must be with your present organization

In the event that you are independently employed, you should be in current calling or business for no less than 4 years and ought to ideally be owning either your office or your place of habitation. Least turnover and least net pay criteria might apply

HDFC Bank does not indicate a specific CIBIL score for being qualified for an individual credit, it is watched that a score of 750 or more is alluring

offers for Salaried and Self-Employed

Loan fees 11.49% to 18.50% for salaried. Get lower rate offers for representatives of extensive presumed organizations

Individual credits for representatives and independently employed at 15.75% to 20.00%

Most minimal EMI of Rs. 2199 for each lakh

Preparing charge of 0.25% to 1.50%; Min - Rs. 999, Max - Rs. 25000

Credits upto Rs. 1,500,000 for salaried and upto Rs. 2,500,000 for independently employed


Reports required - Salaried

Topped off credit application structure

2 Passport Size Photo

Duplicate of Income Tax PAN

Character Proof - Passport/Driving License/Voter ID/PAN

Private Address Proof - Leave and License/Registered Rent Agreement/Utility Bill (upto 3 months old), Passport

Pay Documents – 3 months payslip, 2 years Form 16, 3 months bank explanation demonstrating compensation credit and any EMI charge

Records required - Self-Employed

Topped off advance application structure

2 Passport Size Photo

Duplicate of Income Tax PAN

Personality Proof - Passport/Driving License/Voter ID/PAN

Private Address Proof - Leave and License/Registered Rent

Assention/Utility Bill (upto 3 months old), Passport

Salary Documents – 2 years evaluated financials, 6 months bank articulation

Business evidence, for example, VAT/administration charge enlistment, joining points of interest if there should arise an occurrence of organizations, place of work confirmation.

[padamchhabra]

Originally Posted by Unregistered

HI I would like to know the eligibility as well as the documents required for application of a personal loan with HDFC Bank?

1)Interest Rates (For Salaried) : 11.99% to 22%
2)Loan Processing Charges: up to 2.5%
3)Prepayment: No pre-payment permitted until repayment of 12 EMIs
4)Pre-payment charges: Salaried
i)13-24 Months - 4% of Principal Outstanding
ii)25-36 Months - 3% of Principal Outstanding
iii)>36 Months - 2% of Principal Outstanding


for further enquiry call at 9878981166