HDFC bank personal loan

HDFC Bank Personal Loan Starts @ 10.25%*

"ZERO"* Processing Fees

10.50%* for Govt Employees

Apply for Personal loan

Quick Approval

Get instant Support

Get Cashback Offers

Best Rate of Interest

HDFC Bank Personal Loan in Bangalore

HDFC Bank is the largest private sector bank of India, and also It is the third-largest company by market capitalization. HDFC bank offers various financial services including personal loans. Applying for a personal loan in HDFC bank is a very easy process and approves loan quickly, rate of interest is very competitive and the procedure of loan process is transparent. HDFC bank offers exclusive personal loans for working women called Diva loans to empower women in their respected fields and to have financial freedom.

HDFC Bank Personal Loan Details

Rate of Interest 10.25% to 21.00%
Loan Amount Up to 50 Lakhs
Processing Fees 1999 to 1.5% ("ZERO" Processing Fees for more than 10 lakhs)
Stamp Duty & Other Statutory Charges As per applicable laws of the state
Overdue EMI interest 2% per month on EMI / Principal Overdue
Legal/Incidental Charges At actuals
Amortization Schedule Charges ₹ 200/-
Cheque Swapping Charges ₹ 500/-
Cheque Bounce Charges ₹450 - 550/-
Loan Cancellation Charges & Rebooking Charges NIL
Pre-payment Charges 4%
Foreclosure charges 1 year locking period. after 12 emi below charges applicable.
4% of the outstanding principal amount for 13 to 24 months.
3% of the outstanding principal amount for 25 to 36 months.
2% of the outstanding principal amount for more than 36 months.
Foreclosure charges'NIL' LOAN AMT>=10LACS,FORECLOSURE CHARGES: "NIL" Post 12 EMI's s.t. closure done through own funds
Part payment available 25% OF 0/S AMT(AFTER 12 EMI)

EMI Calculator



Loan Term

Interest Amount

Total Amount

Eligibility criteria for HDFC bank personal loan

Following are basic eligibility criteria for HDFC bank personal loan

For Salaried

  • Minimum Age: 21 years
  • Minimum Monthly Income: 30,000/-
  • Work Experience: Minimum work experience should be 1+ years & with current employer minimum 1 month

For Self Employed Professionals

  • Minimum Age: 25 years
  • Minimum Annual Income: 5,00,000/- per year
  • Work Experience: Minimum 3 years in business with proper Certification & Licence

Documents Required for Personal Loan

For Salaried

  • Identity & Age Proof: Pan Card, Aadhar Card, Voter ID, Passport
  • Address proof: Passport, driving licence, Voter ID, utility bills (electricity/water/gas), Registered Rental Agreement
  • Bank statements for the last 3 months
  • Salary Slips along with latest Form 16 or ITR or your company offer letter
  • Bank Statements Latest 3 months or 6 Months Bank Passbook

Personal Loan Eligibility Calculator


For Self-Employed Professionals

  • Identity & Age Proof: Pan Card, Aadhar Card, Voter ID, Passport
  • Residence proof: Passport, Driving licence, Voter ID, Utility bills (electricity/water/gas)
  • Date of Birth proof: Passport, Driving licence, Pan Card, Birth Certificate, 10 th or 12 th Marks Card, or Aadhar Card
  • Bank Statements: Latest 3 months or 6 Months Bank Passbook
  • Latest Income Tax Returns
  • Last 2 years Balance Sheet and Profit & Loss Account and duly certified by a Chartered Accountant

why to choose HDFC bank for personal loan?

  • We help to get the loan at the lowest interest rate offers by multiple Banks and NBFCs
  • We allow you to compare loan interest rates
  • Easy loan Process
  • We assist you with documentation until the loan disbursal.
  • We guide you in loan Repayment & Pre-payment
  • Our support is available even post loan disbursement

How to apply for a personal loan with HDFC Bank?

  • Submit your details
  • You will get a call from our customer support team
  • Our Executive will come and collect required documents
  • Loan Approval and disbursement

Things to keep in mind while applying for a personal loan in Bangalore

  • Firstly, try with the branch of your bank, if you have any prelateship with the bank such as a salary or savings account or if you have taken any loan as it is easier to verify your KYC
  • Compare personal loan interest rates, processing charges, the penalty for pre-payment/foreclosure, etc. with various banks and decide
  • You should have maintained a high credit score as it increases the chances of your loan getting approved. Remember, this is only of the conditions for eligibility. The bank will evaluate it along with other conditions while reviewing your loan application to approve the loan
  • If you have existing loans ensure the repayments are on time. As it is also an important factor to improve your chances of getting the loan