Tips To Get The HDFC Personal Loan Easily

HDFC bank offers the best personal loan with the cheap interest rates when compared with the other personal finance companies in India or financial institutions.

The minimum personal loan amount that the HDFC Bank offers is Rs 50,000 and the maximum amount offered is Rs 15, 00,000. An individual in order to get the best personal loan from the HDFC Bank must be minimum 21 years of age and maximum 60 years of age. The net monthly income of the personal loan applicant must be Rs 15,000 and above (in case of cat-A companies) and Rs 20,000 and above (in the case of non-listed companies).  

HDFC Personal loan features

The features of the personal loan from the HDFC are as follows:

  1.          Faster loan approval process
  2.          Hassle free personal loan
  3.          Personal accident cover insurance
  4.          Repayment of the loan with the easy Equated Monthly Installments (EMIs)
  5.          Flexible repayment options
  6.          Credit shield
  7.          Service at doorstep facility

HDFC Bank personal loan documents

  1.          Identity proof
  2.          Income proof
  3.          Age proof
  4.          Job continuity proof
  5.     Banking history

The personal loan amount provided by the HDFC Bank is provided for the minimum tenure of 12 months and the maximum tenure of 60 months. The processing fee that is charged for the HDFC personal loan is 2 per cent of the loan account in the case of the salary account holder and 2.5 per cent of the loan amount in the case of the non-salary account holder.