Fulfill your financial requirements with HDFC Bank personal loan

HDFC Bank’s Loans are quick, convenient and easy to fulfill all your financial requirements. You can make use of the HDFC Bank personal loan for any reason be it is wedding expenses, travel-related, home renovation, medical emergency or to buy a gadget.

HDFC Personal Loan eligibility criteria:

•  Age: The minimum age requirement to apply for a personal loan online with HDFC Bank is is 21 years and the maximum is 60 years. 

•  Net Income: Your net income to avail a personal loan should be at least ₹ 20,000 per month. Your eligibility is determined by your income.

•  Fixed Obligation to income ratio: It is an important parameter that HDFC Bank takes into consideration when it is to check the applicant’s HDFC Bank Personal Loan Eligibility. HDFC Bank considers all your fixed obligations such as rent or current for the same. The minimum FOIR required to be eligible for a personal loan from HDFC Bank is 0.70.

•  CIBIL Score: CIBIL score plays an important role to define your eligibility to get personal loan approval.  Before approving a loan, HDFC Bank always checks your complete Credit report which consists of all the past running loans and your payment track record on loans and credit cards. Better is your credit score higher will be the chances that your HDFC loan application is getting approved.

What are the features of HDFC Personal loan?

•  Meet your every financial need

Be it is any kind of need, HDFC Bank Personal Loan is an ideal solution for you.  If you are an existing HDFC Bank account holders then get special offers, interest rates and charges. 

•  You can make an easy loan balance transfer

You can do an easy transfer of your existing Personal Loan to HDFC Bank. It makes you enjoy lower EMIs and SAVE on your interest payments.  The interest rate offered on existing loan transfer is as low as 11.39%.

•  Quick Eligibility Check & Disbursal

Check your HDFC Personal Loan eligibility online or at selected branches in just 60 seconds. After the online submission and post verification of documents take place, the loan will be disbursed in just one working day.

•  Stay Protected – Personal Accident Cover:  When you apply for a personal loan online with HDFC Bank, you also get an option to avail of Personal Accident cover of up to Rs. 8 lakhs, and Critical Illness cover of up to Rs. 1 lakh. The premium for these policies will be deducted from the loan amount at disbursal. Applicable taxes and surcharge/cess will be charged extra.

I hope the above features and eligibility criteria of HDFC helps you in knowing better about personal loan process of HDFC bank. So what are you waiting for? Apply for a personal loan online with HDFC bank.