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  #2  
5th June 2018, 10:22 AM
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Re: personal loan interest rate

My father wants to apply for Personal Loan at HDFC Bank. He is looking for interest rates for this loan. So someone is here who will provide information about interest rate for Personal Loan of HDFC Bank?
  #3  
5th June 2018, 10:25 AM
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Join Date: Aug 2012
Re: personal loan interest rate

The HDFC Bank offers several types of Loans. The Bank also offers Personal Loan. Here I am giving information about Personal Loan:

HDFC Bank Personal Loan:

Rack interest rate:
Salaried - 15.00% TO 20.99 %

Loan processing charges:
Up to 2.50% of the loan amount subject to a minimum of Rs. 1,999/- & 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:
2% per month on EMI / Principal overdue subject to the a minimum amount of Rs. 200/-

Floating Rate:
Not applicable

Credit assessment charges:
Not applicable

Non standard repayment charges:
Not applicable

Cheque swapping charges:
Rs 500/-

Amortization Schedule charges:
Rs 200/-

Cheque bounce charges:
Rs. 550/- per cheque bounce

Legal/incidental charges:
At actual

Rates offered to customer during the period of January 2018 - to March 2018.
IRR Q IV (2017-18)
Min IRR 9.10%
Max IRR 21.05%
Avg IRR 13.04%

Annual Percentage Rate offered to customer during the period of January 2018 - to March 2018.
APR Q IV (2017-18)
Min APR 9.14%
Max APR 24.68%
Avg APR 13.31%

HDFC Bank Personal Loan Brochure



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