HDFC Personal Loan: HDFC is the largest private bank in the country which provides its facilities in various fields, which includes various facilities including savings, investment, personal loan, gold loan, which are provided by HDFC Bank. Many times we have some personal needs like education expenses, marriage of sister or daughter or travel, for which personal loan is given by the bank, but there are some eligibility and formalities to take a loan from the bank, which have to be fulfilled only then the loan facility is provided by the bank.
Taking a loan from every bank is not that easy, but HDFC Bank Personal Loan provides you loan facility through easy facility in which you can apply for this personal loan with very few documents, while in this you have been given an initial annual interest rate of only 10.50%, which you can pay for up to 6 years, so let’s know how you can get a loan of up to 40 lakhs from HDFC.
Features of HDFC Bank Personal Loan
- HDFC Personal Loan provides loan to applicants with monthly salary of Rs. 25,000.
- It has very low interest rate in which initial interest rate of 10.50% is charged per annum.
- It has a period of up to 6 years for payment of interest which you can choose monthly or yearly.
- HDFC offers you many types of loans which include Gold Edge Personal Loan, Marriage Loan, Education Loan and Travel Loan from which you can choose the loan option as per your requirement.
- HDFC Bank also provides facility to transfer personal loan taken from other banks.
- The loan amount by HDFC Bank is determined by your credit score, your monthly income and your job profile. According to this, your loan amount is decided.
Who can apply for this?
- Any resident of India can apply for HDFC Personal Loan.
- Applicants of minimum 21 years and maximum 60 years can apply for this.
- In HDFC, the applicant must be a salaried person and his monthly income must be ₹25000.
- To take a loan from HDFC Bank, your credit score should be good only then you will get a loan in it.
Required Documents
You do not need many documents to avail HDFC Personal Loan. You will need Aadhar Card, Voter ID Card, 3 months bank statement, passport size photo, salary slip and 6 months bank statement.
How to apply
To apply for HDFC Personal Loan you can apply both online and offline, to apply online you can go to its official website www.hdfc.com, open its application form and fill in all your details and apply for the loan after which the loan amount will be sent to your account.
To apply offline go to the nearest branch of HDFC and get its application form from there and fill in all the details and attach all the documents and apply for the loan, after this the loan amount will be sent to your account.
