Get instant approval on your online Personal Loan at the lowest interest rates through IndiaLends. Find the best offers for yourself at IndiaLends. Whether you are salaried or self-employed, we provide personal loans starting from 11.25%. Get HDFC Personal Loans for whatever you need the money - a medical emergency, wedding, travelling, purchase of consumer durables, home renovation, buying a property, etc.
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IMPORTANT INFORMATION
IN RELATION ACCESS TO CREDIT INFORMATION CRIF HIGHMARK
You hereby appoint GC Web Ventures Pvt. Ltd. (hereinafter, "IndiaLends") as your authorized representative to receive your credit information from CRIF Higmark. You hereby irrevocably and unconditionally consent to such credit information being provided by CRIF Higmark to you and IndiaLends, and you hereby agree, acknowledge, and accept the terms and conditions set forth herein.
You hereby also acknowledge that for IndiaLends to service you as a customer to access your credit worthiness, the credit information shall be shared by CRIF Higmark with you and IndiaLends on a quarterly basis in a period of 12 months continuously (4 reports in a year) to ensure that you are able to view your complete credit history. Please read the terms and conditions of this document carefully before accepting. By clicking on the “I Accept” button below, you are expressly agreeing to access the CRIF Higmark credit information report and credit score (as defined in the important information section below and together referred as “credit information”) and share a copy of the credit information with IndiaLends in the “as is” format. Please click on the link below to read and understand the important information section below. ** This document is an electronic record in terms of the Information Technology Act, 2000, and rules made there under, and the amended provisions pertaining to electronic records.
IMPORTANT INFORMATION
CONSENT IN RELATION TO ACCESS TO CREDIT INFORMATION THROUGH EXPERIAN
This End User Agreement (the “Agreement”) is made between you (the “User” or “You”) and GC Web Ventures Pvt. Ltd., a private limited company having its registered office at Plot No. 55, Upper Ground Floor, Saidujalab, Westend Marg, New Delhi – 110030. (“CLIENT”, “Us” or “We”, which term shall include its successors and permitted assigns). The User and CLIENT shall be collectively referred to as the “Parties” and individually as a “Party”. You hereby consent to CLIENT being appointed as your authorised representative to receive your Credit Information (i) for the purpose of determining your credit worthiness through using provider’s Credit Information Report and sharing relevant credit products with You as provided by the financial partners of the CLIENT; and (ii) in relation to credit monitoring that enables the individual consumers to monitor various active loan products, movement of credit score, delayed payments flags etc. as required in accordance with applicable laws, (“End Use Purpose”) on an ongoing basis until the End Use Purpose for not exceeding 6 months or withdrawal of consent; whichever is earlier. BY EXECUTING THIS AGREEMENT / CONSENT FORM, YOU ARE EXPRESSLY AGREEING TO ACCESS THE EXPERIAN CREDIT INFORMATION REPORT AND CREDIT SCORE, AGGREGATE SCORES, INFERENCES, REFERENCES AND DETAILS (AS DEFINED BELOW)(TOGETHER REFERRED AS “CREDIT INFORMATION”). YOU HEREBY ALSO CONSENT TO SUCH CREDIT INFORMATION BEING PROVIDED BY EXPERIAN TO YOU AND CLIENT BY USING EXPERIAN TOOLS, ALGORITHMS AND DEVICES AND YOU HEREBY AGREE, ACKNOWLEDGE AND ACCEPT THE TERMS AND CONDITIONS SET FORTH HEREIN. Terms and Conditions: Information Collection, Use, Confidentiality, No-Disclosure and Data Purging CLIENT shall access your Credit Information as your authorized representative and CLIENT shall use the Credit Information for limited End Use Purpose consisting of and in relation to the services proposed to be availed by You from CLIENT. We shall not aggregate, retain, store, copy, reproduce, republish, upload, post, transmit, sell or rent the Credit Information to any other person and the same cannot be copied or reproduced other than as agreed herein and in furtherance to applicable law including the CICRA. The Parties agree to protect and keep confidential the Credit Information both online and offline. The Credit Information shared to You, or received on by Us on your behalf shall be destroyed, purged, erased immediately upon the completion of the transaction/ End Use Purpose for which the Credit Information Report was procured, this period not being longer than 6 months. Governing Law and Jurisdiction The relationship between you and CLIENT shall be governed by laws of India and all claims or disputes arising there from shall be subject to the exclusive jurisdiction of the courts of Mumbai. Definitions: Capitalised terms used herein but not defined above shall have the following meanings: “Business Day” means a day (other than a public holiday) on which banks are open for general business in Mumbai. “Credit Information Report” means the credit information / scores/ aggregates / variables / inferences or reports which shall be generated by Experian; “Credit Score” means the score which shall be mentioned on the Credit Information Report which shall be computed by Experian. “CICRA” shall mean the Credit Information Companies (Regulation) Act, 2005 read with the Credit Information Companies Rules, 2006 and the Credit Information Companies Regulations, 2006, and shall include any other rules and regulations prescribed thereunder. PLEASE READ THE ABOVEMENTIONED TERMS AND CONDITIONS AND CLICK ON “ACCEPT” FOLLOWED BY THE LINK BELOW TO COMPLETE THE AUTHORISATION PROCESS/ FOR SHARING OF YOUR CREDIT INFORMATION BY EXPERIAN WITH CLIENT IN ITS CAPACITY AS YOUR AUTHORISED REPRESENTATIVE. BY CLICKING “ACCEPT” YOU AGREE AND ACCEPT THE DISCLAIMERS AND TERMS AND CONDITIONS SET OUT HEREIN.
IMPORTANT INFORMATION
IN RELATION ACCESS TO CREDIT INFORMATION THROUGH TRANSUNION CIBIL LIMITED
To,
TransUnion CIBIL Limited [Formerly known as Credit Information Bureau (India) Limited]
19th Floor, One World Centre Tower-2A-2B,
841 Senapati Bapat Marg,
Lower Parel,
Mumbai – 400 013
Sub: Grant of Consent
In connection with submission of the application for my credit information offered by CIBIL (“Consumer Credit Information”) and other related credit products (Credit Products) offered by CIBIL through GC Web Ventures Private Limited (referred to as the “Company”) and delivery of the Consumer Credit Information and Credit Products to the Company, I hereby acknowledge and agree to the following:
A. The Company is my lawfully appointed agent and he / it has agreed to be my agent for the purposes, including, without limitation, to receive the Consumer Credit Information and Credit Products from TUCL on my behalf and use it and the Company has granted its consent for being appointed for the aforesaid purpose.
B. I grant my unconditional consent to the Company to receive the Consumer Credit Information and Credit Products from TUCL on my behalf and the Company has granted its consent for being appointed for the aforesaid purpose. I hereby represent and acknowledge that the Terms of Understanding in relation to the use of the Consumer Credit Information and Credit Products has been agreed between me and the Company.
C. I hereby expressly grant unconditional consent to, and direct, TUCL to deliver my Consumer Credit Information and Credit Products to the Company on my behalf.
D. I agree that my consent shall be stored by the Company on a permanent basis and shall be verifiable from time to time. I understand that the Company cannot access the Consumer Credit Information for more than 6 months on a single Consumer Consent and the same shall be required to be refreshed every six (6) months. Company can store the Consumer Credit Information only for (i) a limited time period of six months or (ii) till such time the credit information is required to be retained to satisfy the purpose for which it was provided or (iii) until I withdraw my consent to store such Consumer Credit Information, whichever is earlier and thereafter, the stored Consumer Credit Information shall be deleted, purged, expunged by the Company.
E. I shall not hold TUCL responsible or liable for any loss, claim, liability, or damage of any kind resulting from, arising out of, or in any way related to: (a) delivery of my Consumer Credit Information and Credit Products to the Company ; (b) any use, modification or disclosure by the Company of the contents, in whole or in part, of my Consumer Credit Information or Credit Products , whether authorized or not; (c) any breach of confidentiality or privacy in relation to delivery of my Consumer Credit Information to the Company.
F. I acknowledge and accept that TUCL has not made any promises or representations to me in order to induce me to provide my Consumer Credit Information or seek any consent or authorization in this regard.
G. I agree that I may be required to record my consent / provide consent electronically and in all such cases I understand that by clicking on the "I Accept" button below, I am providing "written consent " to [COMPANY] authorizing [COMPANY] to obtain my Consumer Credit Information from my personal credit profile from TransUnion CIBIL LIMITED]. I further authorize [COMPANY] to obtain such information solely to confirm my identity and display my Consumer Credit Information to me. Further in all such cases “By checking this box and clicking on the ‘Authorize button, I agree to the terms and conditions, acknowledge receipt of TUCL privacy policy and agree to its terms, and confirm my authorization for [COMPANY] to obtain my Consumer Credit Information and Credit Products.
H. I understand that in order to deliver the product to me, I hereby authorize [COMPANY], to obtain my Consumer Credit Information and Credit Products from TUCL.
I. By submitting this registration form, I understand that I am providing express written consent for [COMPANY] to request and receive information about me from third parties, including but not limited to a copy of my consumer credit report and score from consumer reporting agencies, at any time for so long as I have an active [COMPANY] account. I further authorize [COMPANY] to retain a copy of my information for use in accordance with [COMPANY’S] Terms of Use and Privacy Policy.
J. I UNDERSTAND THAT THE PRODUCT IS PROVIDED ON AN “AS-IS”, “AS AVAILABLE” BASIS AND TUCL EXPRESSLY DISCLAIMS ALL WARRANTIES, INCLUDING THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.
K. I shall not sue or otherwise make or present any demand or claim, and I irrevocably, unconditionally and entirely release, waive and forever discharge TUCL , its officers, directors, employees, agents, licensees, affiliates, successors and assigns, jointly and individually (hereinafter “Releasee”), from any and all manner of liabilities, claims, demands, losses, claims, suits, costs and expenses (including court costs and reasonable attorney fees) (“Losses”), whatsoever, in law or equity, whether known or unknown, which I ever had, now have, or in the future may have against the Releasee with respect to the submission of my Consumer Credit Information or Credit Products and / or my decision to provide TUCL with the authority to deliver my Consumer Credit Information and Credit Products to the Company . I agree to defend, indemnify, and hold harmless the Releasee from and against any and all Losses resulting from claims made against TUCL L by third parties arising from and in connection with this letter.
L. I agree that the terms of this confirmation letter shall be governed by the laws of India and shall be subject to the exclusive jurisdiction of the courts located in Mumbai in regard to any dispute arising hereof. TUCL is entitled to assign its rights hereunder to any third person without taking my prior written consent.
M. For any issues related to your credit score/report (like wrong account information or loans/cards that you have not taken), kindly raise a dispute with CIBIL at https://www.cibil.com/dispute/
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Why Choose HDFC Bank Personal Loan?
You can benefit from the attractive rate of interest and several other product features. Here are a few reasons for choosing HDFC Bank for a personal loan.
- Affordable and Flexible Interest Rates
- Special interest rates for women borrowers
- Fast loan approval
- Easy documentation process and 100% transparency
- Maximum loan up to Rs. 25 lakhs for salaried individuals
- Flexible repayment options, ranging from 12 to 60 months
- Zero hidden charges and low processing fee
- Convenient repayment options
- Fast disbursal with money in your account within 2 days
HDFC Personal Loan Status
You can Check the HDFC Personal Loan Status of your application via official website of HDFC Bank and click on
Enter the following details:
- Name of the Applicant
- his/her date of Birth
- Loan Reference number
After entered all the details, you can check HDFC Personal Loan Status
HDFC Bank Personal Loan Interest Rate
Check HDFC Personal Loan Interest Rates In 2018 And Apply With In 2 Minute For HDFC Personal Loans With The Lowest Interest Rates.
HDFC APR Calculator link - https://www.hdfcbank.com/personal/tools-and-calculators#/Footer - For accessing APR Calculator Navigate to Loans section on the page. SALARIED INDIVIDUAL Loan Amount
Starting From Rs. 50,000 up to Rs. 25 lakhs
| Interest Rate | 11.25% - 17.75% |
| Loan Tenure | 12-60 months |
| Age | 23 years to 58 years |
| Processing Fee | Up to 2.50% of the loan amount subject to a minimum of Rs 1,999/- & Maximum of Rs 25000/- |
| Locking Period | 12 months |
| Prepayment/ Pre-closure charges | 13-24 Months - 4% of Principal Outstanding 25-36 Months - 3% of Principal Outstanding >36 Months - 2% of Principal Outstanding >48 months - 0% |
HDFC Bank Personal Loan Features
HDFC offers a wide variety of financial products and services. HDFC Bank personal loan is one of the key offerings of the bank which is very popular. During its long tenure of 21 years, the bank has won the trust of customers. Being one of the oldest banks with sustained growth, HDFC has become a preferred financial service provider. It has customized personal loan offers to fulfill all your financial needs (https://www.hdfcbank.com/personal/borrow/popular-loans/personal-loan).
HDFC loan offers are equipped with several attractive features that lure customers. They are meant to provide you the maximum value when you avail a loan. Some of the salient features of HDFC Bank Personal loan are given below.
Competitive Interest Rate
HDFC Bank offers attractive interest rates for its customers and people, in general. The interest rate starts from 10.99% and goes up to 20% depending on the credit score of applicants.
Specialized loan offers for working women
With its Personal Loan Diva offer, HDFC Bank provides a special loan scheme to women employees. 100+ Diva offers are available for working women to achieve their needs and goals. They can take a pre-approved personal loan upto Rs. 3 lakh. The procedure to avail this offer is very simple - you just need to intimate the bank through a call or email. After that, a unique Diva number is generated and sent to your email id. You need to verify the product code and follow further procedures to avail the offer.
Special Offers for HDFC Bank Customers
If you have an account in HDFC Bank, you are eligible for special offers and interest rates. The bank has several attractive offers exclusively for its own customers.
Instant Calculators
You can get a clear idea of what amount of personal loan you can avail by using the HDFC bank eligibility calculator. Further, EMI calculator is a great tool to calculate your affordability and plan the repayment of your loan. You just need to fill in the loan amount, interest rate, and loan term while using the calculator and it will depict the exact monthly EMI.
Easy and Fast Personal loan
You can get a quick personal loan through a fast processing system. You can visit our website to check your eligibility and complete the documentation and other formalities. It is an easy and quick process.
Insurance Cover
You get an insurance cover along with your personal finance scheme for a nominal premium. It provides you an accidental cover up to Rs. 8 lakh. In addition, you also get covered for a critical illness up to Rs. 1 lakh.
Online loan application
You can save your time and money by utilizing the online services of IndiaLends. In fact, you can complete the entire loan procedure online without visiting an HDFC branch.
Personal Loan Balance Transfer
If you already have a personal loan, you can transfer it to your HDFC bank account to get a lower interest rate. Further, you also get exclusive offers and benefits when you transfer your loan.
Efficient Customer Support
You can take advantage of an efficient customer support throughout the lending procedure. You can contact the customer desk of the bank through a call, SMS, chat, click2talk. You don’t need to visit the bank physically as all the loan formalities can be completed online with ease.
HDFC Bank Personal Loan Fees & Charges
| Loan Processing Fees | Up to 2.50% of the loan amount subject to a minimum of Rs 1,999/- & Maximum of Rs 25000/-0 |
| Pre-Payment Charges | 13-24 Months - 4% of Principal Outstanding, 25-36 Months - 3% of Principal Outstanding >36 Months - 2% of Principal Outstanding, >48 months - 0% |
| Penalty for late EMI payment | 24% per year on outstanding amount From default date |
HDFC Bank Personal Loan Eligibility Criteria
HDFC bank has laid down several terms and conditions for an individual’s personal loan eligibility.
They are as follows:
1
HDFC offers Personal Loans to individuals who are atleast 21 years old at the time of loan approval and maximum 60 years at the time of loan maturity.
2
HDFC Bank Personal loan eligibility depends upon your employment type. HDFC Bank Personal Loans are given to professionals and salaried Employees. People who are working as a CA, Doctor or on any other profile can get a loan. Moreover, employees of private and public sectors are also eligible for a personal loan.
3
Job stability is important to get a Personal Loan from HDFC Bank. You should have at least 2 years of work experience and minimum of 1 year in the current job.
4
For being eligible for a HDFC Personal Loan, your minimum in hand salary should be Rs. 18,000. In many cities (Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Pune, Calcutta, Ahmedabad and Cochin) the minimum salary requirement for a personal loan is Rs. 18,000.
5
HDFC personal loan emi calculator provides EMI for Personal Loan in 3 EASY Steps. Check Yearly and Monthly EMI's via HDFC personal loan eligibility calculator
HDFC Bank Personal Loans Documents Required
HDFC Bank requires a set of documents for authentication purposes for your personal loan.
1
Complete online Loan Application
Fill it up online within two minutes
2
Identity Proof
Voter Id Card/Passport/Driving License/Aadhar Card
3
Address Proof
Aadhar Card/ Passport/ Telephone or Electricity bill/ Ration Card/ Rental Agreement
4
Bank statement
Bank statement of last 3 months or bank passbook of 6 months
5
Salary Slip
Salary slip of the last 3 months with Form 16
Why Should You Apply for HDFC Personal Loans at IndiaLends?
HDFC Bank has collaborated exclusively with IndiaLends, an online marketplace which offers low-interest personal loans best suited for your needs. If you are seeking a Personal Loan with HDFC Bank, you can simply fill up an online loan application form after checking your HDFC Bank Personal Loan Eligibility. Moreover, you can use an online Personal Loan EMI calculator available at our website to calculate your affordability.
1
Personalised Loan Offers
At IndiaLends, you can receive personalised loan offers and best deals at the best rate of interest. This is due to a tie-up with HDFC Bank, which helps you get the best deal on your personal loan as per your profile.
2
Instant Approval
You will get an instant approval on your personal loan after you fill in an easy online application form.
3
Cash within 2 days
Soon after the loan is approved, the funds are transferred right into the borrower’s bank account within two working days. Thus, we need no room for delay.
4
Real Time Tracking Facility
After submission of your loan application at IndiaLends, you can track your application online and moreover, will receive updates of your submitted application form using both email and SMS.
5
Dedicated Customer Support
IndiaLends has a dedicated customer support team and helpline which is always ready to help with any grievances or questions from loan applicants.
HDFC Personal Loan Top Up
If you need extra cash in addition to the personal loan amount, you can avail a top up loan on existing personal loan. If you have not missed any EMI of your HDFC Personal loan, you are eligible for top up loan. You need to pay consolidated EMI for both existing as well as top up loan.
Here are some of the key features of HDFC personal loan top up facility:
- Get HDFC Home Loan Top Up upto Rs. 50 Lac
- Apply for Top Up after 12 months of final disbursem*nt of your existing loan
- Opt for balance transfer facility and get home loan top up on the same
How to Apply for HDFC Personal Loans at IndiaLends?
At IndiaLends, applying for a HDFC Personal Loan is a simple process.
1
Registration
Fill up an online loan application form
2
Quick Verification
We will review your application and give you a decision within minutes
3
Loan Disbursal
You will be receiving your Cash within few days
We will forward your loan application to your nearest HDFC Bank branch. You can also check the status of your loan application through SMS alerts as well as emails.
How to calculate EMI for HDFC Bank Personal Loans?
EMI or Equated Monthly Instalment is one part of the equally divided monthly payments made to clear off an outstanding loan within a stipulated time period.
Generally, EMI is calculated as
EMI=[P x R x (1+R)^N]/[(1+R)^N-1]
where P stands for the loan amount or principal, R is the interest rate per month, and N is the number of monthly instalments.
For instance, X borrows a loan of two lakhs for one year at an interest rate of 11% per annum. In this case, the EMI will be for 12 months which would be 17,676.
Calculating EMI through this method could be a complex process. Which is why you can calculate EMI for HDFC Bank personal loans by using our personal loan EMI calculator. This will help you manage your loan easily.
HDFC Personal Loan Balance Transfer
HDFC personal loan balance transfer is a great option for individuals who want to switch their loan to a low-interest personal loan. You can also opt for balance transfer from HDFC in case you want to increase or decrease your loan tenure or EMI, and your current bank is unwilling to accommodate you. For example, if you take a loan of Rs 4 lakhs and want to reduce/increase the loan tenure at a lower interest, you can opt for a balance transfer. There are some great personal loan balance transfer offers, including 11.39% at a flat Rs 1999 processing fee.
HDFC Personal Loan Processing Time
HDFC Bank has a better turnaround time when compared to other banks. HDFC bank takes an average of 7-10 days to process the loan application. Please note that there is a processing charge of up to 2.5% of the loan amount subject to a minimum of Rs 1,999 and maximum of Rs 25,000.
HDFC Personal Loan Preclosure
When an individual repays the loan before the stipulated time period, it is known as preclosure or prepayment. This type of repayment generally attracts a fee which differs on the time when he/she plans to prepay. Prepayment in part or full in HDFC bank is allowed after repayment of 12 EMI’s.
Prepayment charges of HDFC Bank(on principal outstanding)
| 13-24 Months | 4% of principal outstanding |
| 25-36 Months | 3% of principal outstanding |
| >36 Months | 2% of principal outstanding |
HDFC Personal Loan Top Up
A top up loan is a facility that helps in times when you need extra cash in addition to the loan amount sanctioned to you. The EMI for the top up loan is consolidated with the existing EMI, covering the total value. It is moreover comparatively beneficial than having two different loans and paying EMIs separately.
HDFC personal loan offers this top-up facility to its customers. Some of the benefits associated with HDFC personal loan top up are:
- Quick approval and disbursal
- No collateral or security required
- Hassle-free documentation
- Easy repayments with flexible tenure
- Attractive interest rates
HDFC Personal Loan Status
You can track your HDFC personal loan status by going to the official website of the bank and click on “Track My Application”. Once you fill in the necessary details such as the name of the applicant, loan reference number and date of birth. After you enter the details, you will be able to view the status of your application.
When applied via IndiaLends, you can also check the loan application status via IndiaLends App/web using "Track My Application."
HDFC Bank Personal Loan Fees and Charges
| Fee | Amount to be Paid |
|---|---|
| Loan processing charges | Up to 2.50% of the loan amount subject to a minimum of Rs 1,999/- & Maximum of Rs 25000/- |
| Pre-payment charges (on Principal Outstanding) / Part Payment Charges [on Part Payment amount] | Salaried - 13-24 Months - 4% of Principal Outstanding, 25-36 Months - 3% of Principal Outstanding >36 Months - 2% of Principal Outstanding, >48 months - 0% |
| No Due Certificate/No Objection Certificate (NOC) | NIL |
| Duplicate of No Dues Certificate/NOC | NIL |
| Charges for late payment of EMI | 2% per month on EMI / Principal overdue subject to a minimum amount of Rs. 200/- |
| Floating rate | 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 |
| Cheque swapping charges | Rs 500/- |
| Amortization Schedule charges | Rs 200/- |
| Loan cancellation charges | NIL (However the customer would be charged interest for the interim period between the date of loan disbursem*nt and loan cancellation and processing fees would be retained.) |
| Cheque bounce charges | Rs. 550/- per cheque bounce |
Some frequently asked questions(FAQs) regarding HDFC bank personal loan
Q. What is the maximum personal loan amount offered by HDFC Bank?
A. HDFC Bank personal loans are available up to ?40 lakhs.
Q. Do I need a guarantor to apply for a personal loan from HDFC?
A. No, a guarantor is not required in order to apply for a personal loan from HDFC.
Q. What is the pre-closure fee for HDFC personal loans?
The pre-closure fees for HDFC loan are different. Moreover, prepayment in part or full in HDFC bank is only allowed after repayment of 12 EMI’s.
Pre-payment(on principal outstanding)
| 13-24 Months | 4% of the principal outstanding |
| 25-36 Months | 3% of Principal Outstanding |
| >36 Months | 2% of the Principal Outstanding |
| >48 Months | 0% |
Q. If I take a personal loan from HDFC, will I be able to make a part-payment option?
A. Of course, HDFC personal loans have the facility to make part-payment towards the loan. However, it attracts a fee which depends on when you make the payment. A part payment is allowed up to 25% of the principal outstanding which is allowed only once in a financial year and twice during loan tenure.
The charges are similar to preclosure/prepayment of personal loan which is,
- 13-24 Months - 4% of Principal Outstanding
- 25-36 Months - 3% of Principal Outstanding
- >36 Months - 2% of Principal Outstanding
- >48 months - 0%
Q. What is the typical processing fee charged by HDFC for personal loans?
A. The processing fee charged by HDFC personal loans is up to 2.5% of the loan amount subject to a minimum of Rs 1,999 and maximum of Rs 25,000.
Q. When can I make a pre-closure of my HDFC personal loan?
A. Prepayment in part or full in HDFC bank is allowed after repayment of 12 EMI’s.
Q. How long will HDFC Bank take to verify my personal loan application?
A. It generally takes 2-3 days to verify your personal loan application.
Q. What are the repayment methods available for my HDFC Personal Loan?
A. Generally, there are two repayment methods available for your HDFC personal loan. One is ECS or Electronic Clearing Service which is an electronic mode of funds transfer and the other is by giving post-dated cheques.
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