HDFC Personal Loan Apply Online @10.25%

HDFC Bank personal loan interest rates start from 10.25% p.a. Applying for HDFC Personal Loan is completely hassle-free by availing an online instant personal loan of up to Rs 40 lakh for multiple purposes. You can calculate EMI instantly using EMI calculator and get instant approval for attractive interest rate on personal loan.

Full Details of HDFC Personal Loan

loan facility description
Rate of interest up to 10.25%
Purpose All personal expenses including travel, medical emergencies, education, marriage and travel.
loan amount up to Rs.25 lakh
eligibility age Minimum age: 21 years Maximum age: 60 years as on the end of the loan tenure
Minimum Income Required 25000 per month
repayment period up to 60 months
Processing fees Up to 2.5% of the loan amount
prepayment fee 2% to 4% of the outstanding principal

Features and Benefits of HDFC Personal Loan

  1. HDFC customers can get a pre-approved HDFC Personal Loan in just 10 seconds and a regular loan in less than 4 hours
  2. You can get a response within a day of submitting your HDFC personal loan documents.
  3. Customers have the option of availing personal loan protection to cover the outstanding loan amount.
  4. Balance transfer option is available at interest rate as low as 10.40%.
  5. You can get round the clock support for any query regarding your personal loan.
  6. The bank has introduced consent-based video KYC facility for personal loan and savings accounts to digitally verify the identity of the customer.

How to Apply for HDFC Personal Loan

To apply for HDFC Personal Loan, you just need to complete a few steps:

  1. Check your HDFC Personal Loan eligibility using the calculator by clicking on the link If you meet the criteria, then click on ‘e-connect’ button.
  2. Fill the form and upload required documents.
  3. Submit the form and the loan will be disbursed within a few hours of approval.

HDFC Personal Loan Interest Rate

HDFC Personal Loan is one of the best funding options available in the market right now to meet all your personal and business needs. HDFC Bank personal loan interest rates are affordable and as a result, the EMIs are quite low. Current HDFC personal loan interest rates start from as low as 10.25% p.a. depending on the borrower’s CIBIL score, income, age, loan amount and other eligibility factors. Hence, you need to calculate the CIBIL score before applying for a personal loan.

What is HDFC Bank ( HDFC ) personal loan eligibility criteria?

  1. Indian residents, who are employees of any private limited company or public sector i.e. central, state or local body, can apply.
  2. Applicant’s age should be between 21 to 60 years.
  3. The minimum work experience required is at least 2 years, and the applicant must have served for at least 1 year with their current employer.
  4. The minimum monthly income required should be Rs 25,000 for HDFC Bank salary account holders and Rs 50,000 for non-HDFC Bank salary account holders.
  5. If your income level or credit score is lower than the lender’s requirement, you can bring in a co-applicant (spouse, father, or other eligible co-applicant) to enhance your HDFC Personal Loan eligibility.

Documents Required for HDFC Bank Personal Loan

For KYC document

  1. Passport
  2. Aadhar card
  3. driving license
  4. Voter ID Card

for income document

  1. Bank statement of last 3 months / Bank passbook of last 6 months

How to Check HDFC Personal Loan Application Status

To check the status of your HDFC personal loan application online, you need to follow the steps mentioned below:

  1. Enter application name or reference proposal number
  2. Enter your date of birth or registered mobile number
  3. Click on ‘Submit’ button

How to Calculate HDFC Personal Loan EMI?

It is easy to calculate your HDFC Bank Personal Loan EMI with HDFC Personal Loan EMI Calculator available on our website. We provide you a free online EMI calculator using which you can get EMI details. The calculator also helps in assessing your HDFC Personal Loan eligibility. All you need to do is enter a few details, such as HDFC personal loan interest rate, loan amount and tenure, to get the result.

Let’s take it as an example here:-

Required loan amount 10 lakh rupees
repayment period 5 years
Rate of interest 10.50% p.a.
EMI payable every month Rs 21,370.00
total interest expense Rs 2,82,216.00
Total amount to be paid to the bank Rs 12,82,216.00

HDFC Personal Loan Comparison with other lenders

lender Maximum loan amount maximum tenure Rate of interest
hdfc personal loan 40 lakh rupees 60 months 10.25% to 21%
ICICI Bank Personal Loan 20 lakh rupees 60 months 11.25% to 21%
SBI Personal Loan 20 lakh rupees 72 months 9.60% to 15.65%
PNB 10 lakh rupees 60 months 8.80% to 11.65%

How to check HDFC personal loan statement online

You can easily check your HDFC Personal Loan details online by logging into your account to check the details as per your preferred mode.

If you have a personal loan account with HDFC Bank, you can check your statement in one of the following ways:

  1. through online portal.
  2. Through registered email id.
  3. Both the above methods can also be used to download HDFC personal loan statement.

How to Login to HDFC Personal Loan Portal?

After successfully registering for HDFC Personal Loan, follow the steps mentioned below for HDFC Personal Loan login:-

Steps to New Customers

  1. Visit the HDFC ELOANS login portal.
  2. Enter login id and password.
  3. Click on the ‘Login’ tab on this online portal to avail various services including personal loans offered by HDFC Bank.

Steps for existing customers

  1. Go to the HDFC Bank net banking portal.
  2. Enter your ‘User ID’ and click ‘Continue’.
  3. Enter your Net Banking Password or IPIN and then click on ‘Login’.
  4. When you log in for the first time, a web page will appear to change your Net Banking IPIN.
  5. Change the IPIN and click on the ‘Verify’ tab. The IPIN must be alpha-numeric consisting of 6 to 15 characters.
  6. On successful completion of password change process, a web page will appear where you can enter User ID and new password to log in to HDFC net banking portal to check your personal loan details.

HDFC Personal Loan Customer Care Number

You can connect with HDFC Personal Loan customer care in the following ways:

Toll-Free Number: 1800 258 3838 (8 AM to 8 PM)

Postal address:

HDFC Bank Ltd., New Building, “A” Wing 2nd Floor, 26-A Narayan Properties, Chandivali Farm Road, Saki Vihar Road, Chandivali, Andheri (East), Mumbai- 400 072

HDFC Personal Loan FAQs and Answers (FAQs)

Question: How can I get a personal loan from HDFC Bank?

Answer: If you are a pre-approved customer of HDFC Bank, you can get the loan within 10 seconds. For others, here are some simple steps to follow:

  1. You have to check your eligibility for the loan
  2. Apply online for loan
  3. Required documents to be uploaded
  4. You can get your loan based on the terms in the sanction letter.

Question: How long will it take HDFC Bank to decide on my personal loan?

Answer: You can get an HDFC Personal Loan within 4 hours if you meet all the eligibility criteria. Pre-approved loans are sanctioned within 10 seconds.

Question: What happens to the post-dated cheque if I change the repayment mode/account for my personal loan?

Answer: If you want to get your old post dated checks or security checks back, you can within 45 days from the date of requesting change in repayment mode through HDFC Retail Loan Service Center / through phone banking / through email You can request for this.

Question: Can I calculate my EMI before personal loan approval?

Answer: Yes, you can use HDFC’s online EMI calculator to calculate the EMI amount you need to pay.

Question: Is part-prepayment allowed for HDFC personal loan?

Answer: Yes, if you have taken the loan on or after 1st April 2022, it is possible to prepay your personal loan after completion of 12 EMIs from disbursement of loan. However, partial payment is allowed only twice during the loan tenure and once in a financial year. Also, each partial payment should not exceed 25% of the outstanding principal.

Question: Do I need to pay any additional charges for HDFC personal loan repayment?

Answer: Additional charges are applicable only if:

  1. there is no default
  2. In case of swap or change in repayment mode

Question: Does HDFC offer pre-approved personal loan facility?

Answer: Yes, HDFC offers pre-approved personal loans to its existing customers. They are eligible to get instant personal loan within 10 seconds of application.

Question: What is the turnaround time for new HDFC Personal Loan customers?

Answer: New customers can get a personal loan from HDFC in just 4 hours after successful application and approval.

Question: What is the maximum personal loan that can be taken from HDFC Bank?

Ans: You can avail personal loans from HDFC up to Rs 40 lakh depending on your income, CIBIL score and other eligibility factors.

Question: Does HDFC provide personal loan insurance?

Ans: Yes, with Sarva Suraksha Pro, you can secure your personal loan repayment. The following are the major benefits of the facility:

  1. It provides credit protection to cover your outstanding loan amount equal to
  2. It provides accidental hospitalization cover up to a maximum of Rs.8 lakh.
  3. This facility provides accidental death or permanent disability cover up to a maximum of Rs.1 lakh.

Question: How can I pay my HDFC personal loan EMI?

Ans: You can pay the EMI on your HDFC Personal Loan by using electronic clearing services, check drop boxes or using your net banking or phone banking account.

Complete details of HDFC personal loan have been told in this post. What is the interest rate of HDFC personal loan? What are the documents required for HDFC personal loan? What is the eligibility for HDFC personal loan? How to apply for HDFC personal loan? What is the customer number of HDFC personal loan? Everything is explained in detail.

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