We at HDFC personal loans, understand your unprecedented times, emergencies or unexpected expenditures. We can help you fulfil your dream destination wedding plan, new house furniture or small cash requirements. We are there to fulfil your needs for a safe and comfortable lifestyle or your need to tackle any unplanned or immediate requirements.
Following individuals are eligible to apply for a HDFC personal loan:
Bank | HDFC Bank |
Interest Rate (PA) | 10.25% to 15% |
Loan Amount | 1 Lakh to 50 Lakh |
Processing Fees | Rs. 4718 (including GST) |
Part-Payment | Up to 25% of Principal Outstanding allowed |
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% |
Lock-in Perod | 12 Months |
Tenure | 12 to 60 Months |
If a person borrow a loan of Rs 10,00,000/- with a rate of interest 10.75% per annum for 60 months. Then monthly EMI is Rs.21,618/- per month.