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9th March 2016, 11:57 AM
Super Moderator
 
Join Date: May 2012
Re: HDFC Personal Loan Interest Rate

I will tell you the interest charges of HDFC Bank for Personal Loan offer to there customer so that you can apply for it easily.

Here are the interest rates charged by the Bank
Rack interest rate Salaried - 15.75% to 20%

Loan processing charges
Up to 2.50% of the loan amount subject to a minimum of Rs. 1,000/- & Maximum of Rs. 25000/- for Salaried Customers.

Prepayment Salaried - No pre-payment permitted until repayment of 12 EMIs

Pre-payment charges
Salaried - 13-24 Months - 4% of Principal Outstanding,
25-36 Months - 3% of Principal Outstanding
>36 Months - 2% of Principal Outstanding

No Due Certificate/No Objection Certificate (NOC) NIL

Duplicate of No Dues Certificate/NOC NIL

Solvency Certificate Not applicable

Charges for late payment of EMI 24% per annum on amount outstanding from date of default

Charges for changing from fixed to floating rate of interest Not applicable

Charges for changing from floating to fixed rate of interest Not applicable

Stamp duty & other statutory charges As per applicable laws of the state

Credit assessment charges Not applicable

Non standard repayment charges Not applicable

Cheque swapping charges Rs 500/-

Amortization Schedule charges Rs 200/-

Loan cancellation charges NIL (However client would be charged interest for the
interim period between date of loan disbursement and loan cancellation and processing
fees would be retained.)

Cheque bounce charges Rs. 550/- per cheque bounce

Legal/incidental charges At actual

CIBIL Report Copy Charges Rs.50 per copy


Here is the eligibility criteria and documents required for loan
You should:

Be 21-60 years of age.
Have had a job for at least 2 years, and a minimum of 1 year with your current employer
Be earning at least Rs. 12,000/- per month net income (Rs. 15,000/- in Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Pune, Calcutta, Ahmedabad, Cochin)

Documents to be submitted:
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

Address
:-
HDFC Bank
HDFC Bank House, Senapati Bapat Marg
Lower Parel (W), Mumbai - 400 013.

Phone:-
91 - 22 - 6652 1000


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