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HDFC Bank Limited Personal Loan

Both salaried and self-employed individuals have the option of availing of HDFC Banks personal loan schemes. These loans cover a wide range of financial needs including but not limited to family events such as weddings, debt consolidation, medical emergencies, home renovations and family vacations among others. These loans are easily available and are generally sanctioned in a matter of days. For further information on personal loans from HDFC Bank; consult the infographic below.

Loan Amount

Interest Rate

Repayment Tenure

Processing Charges

Up to Rs. 40 Lakhs

11.25% to 21.50%

12 Months to 5 Years

Max – 2.5%

Bank Link	http://www.hdfcbank.com/personal/product/productdetails/personal-loan/gts8mip6
Loan Amount	Up to Rs. 40 lakhs
Interest Rate	11.25% to 21.50%
Tenure	12 to 60 months.
Pre Payment Charges	Upto 4% of the Principal Outstanding.

Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.

Service Charges

Loan Processing Charges are upto 2%

Other Charges

Loan Processing Charges : Up to 2.50% of the loan amount subject to a minimum of Rs. 1000

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

Self Employed: No pre-payment permitted until repayment of 6 EMIs

Pre-payment charges

Salaried: 4% of the principal outstanding after repayment of 12 EMIs.

For top-up/enhancements - 2% of the principal outstanding

Self-employed: 4% of the principal outstanding after repayment of 6 EMIs

No Due Certificate / No Objection Certificate (NOC)

Duplicate no due certificate / NOC: Rs 250/-

Solvency Certificate: Not applicable

Charges for late payment of EMI: @ 24 % p.a 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

Cheque swapping charges: Rs 500/- per event

Loan Re-booking charges / Re-scheduling charges: Rs 1000/-

Loan cancellation charges: Rs. 1000/-

Cheque Bounce Charges: Rs 450/- per cheque bounce

Statement Charges (per statement)/ Repayment Schedule: Rs 500/-

Legal / incidental charges: At actual

Self
Minimum Age (in yrs.)	Self Employed (Individuals):21-65 Years; Self employed (Professionals):25-65 Years
Minimum Income (in Rs.)	Self employed (Professionals):Minimum Annual Income-Rs. 100000 ;Self Employed (Individuals):Minimum Annual Income-Rs. 100000
Minimum Work Experience (yrs.)	Self employed (Professionals):4 to 7 years depending on profession;Self Employed (Individuals):3 years in current organisation, with 5 years of total experience
Residence Status (yrs.)	Information Not Available
Id Proof	Passport Copy/ Voters ID card/ Driving Licence
Address Proof	Copy of ration card/telephone or electricity bill/rental agreement/passport
DOB Proof	NA

Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.

Salaried
Minimum Age (in yrs.)	21-60 Years
Minimum Income (in Rs.)	Minimum Net Monthly Income: At least Rs. 12,000/- per month net income (Rs. 15,000/- in Mumbai, Delhi, Bangalore, Chennai and Hyderabad, Rs. 12,000 in Calcutta, Ahmedabad and Cochin)
Minimum Work Experience (yrs.)	Minimum 2 years in employment and minimum 1 year in the current organization
Residence Status (yrs.)	Information Not Available
Id Proof	Passport Copy/ Voters ID card/ Driving Licence
Address Proof	Copy of ration card/telephone or electricity bill/rental agreement/passport
DOB Proof	NA

Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.

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