HDFC Bank Personal Loan Chennai Interest Rate
The important details about a personal loan offered by HDFC bank in the city have been given below.
|Interest rate||10.99% - 15.00%|
|Loan amount||Up to ₹ 15 Lakhs|
|Tenure||Up to five years|
|Processing fee||Up to 2.50% of the sanctioned loan amount+GST|
No prepayment until completion of 12 EMIs
4% of the principal outstanding if between 13-24 months+GST
3% of the principal outstanding if between 25-36 months+GST
2% of the principal outstanding if more than 36 months+GST
HDFC Bank Branches with IFSC Codes in Chennai
The complete list of HDFC bank branches in the city has been given below with the address, contact details and IFSC & MICR codes.
|ITC Centre Anna Salai||759, ITC Centre, Anna Salai, Chennai - 600002, Tamil Nadu||HDFC0000004||600240002||9840673333|
|Besant Nagar||T - 31, 7Th Avenue, , M G Road, , Besant Nagar, , Chennai - 600090, Tamil Nadu||HDFC0000010||600240003||9840673333|
|Anna Nagar||AA - 8, , Second Avenue, Anna Nagar, Chennai - 600040, Tamil Nadu||HDFC0000017||600240004||9840673333|
|Valasaravakkam||8, Arcot Road, Valasaravakkam, Chennai - 600087, Tamil Nadu||HDFC0000024||600240005||9840673333|
|Nungambakkam||40, Nungambakkam High Road, Chennai - 600034, Tamil Nadu||HDFC0000082||600240006||9840673333|
|Madipakkam||No 5, Sabari Salai, , Madipakkam, Chennai - 600091, Tamil Nadu||HDFC0000111||600240008||9840673333|
|Kilpauk||No. 31 / 32, Balfour Road, , Kilpauk, , Chennai - 600010, Tamil Nadu||HDFC0000124||600240009||9840673333|
|Ashok Nagar||53, Plot No 41B, 4th Avenue, Ashok Nagar, Chennai - 600083, Tamil Nadu||HDFC0000136||600240010||9840673333|
|R. A. Puram||No 10, III Cross Street, Opposite Chennai Kaliappa Hospital, R. A. Puram, Chennai - 600028, Tamil Nadu||HDFC0000141||600240012||9840673333|
|Parrys Corner||No 3, Mcdowell House, , 2Nd Line Beach, Parrys Corner, Chennai - 600001, Tamil Nadu||HDFC0000166||600240011||9840673333|
|T Nagar||56, Opposite Jeeva Park, G. N. Chetty Road, T Nagar, Chennai - 600017, Tamil Nadu||HDFC0000206||600240013||9840673333|
|Chitlapakkam||Unique Auto No - 5, Opposite Tambaram Fire Station G. S. T Road, Sanatorium, Chitlapakkam Town, Chennai - 600047, Tamil Nadu||HDFC0000260||600240014||9840673333|
HDFC Personal Loan Customer Care
In order to be in touch with the customer care executives of HDFC, all you need to do is just dial 1800 425 4332 from your landline or mobile. No matter in which corner of the country you live, this toll-free number keeps you connected with the experts whenever you are in need.
Eligibility Criteria for a HDFC Bank Personal Loan Chennai
The norms of eligibility for a personal loan offered by HDFC bank have been given below. An applicant has to ensure that he/she is able to meet the given criteria.
- The applicant should be a salaried individual who falls in the category of Chartered Accountant, Doctor, an employee of public sector undertakings or private limited companies.
- The applicant must be between the age group of 21 to 60 years.
- A working experience of a minimum of two years is needed
- Must be employed with the current company for at least one year.
- A net monthly income of at least ₹ 15,000 is needed. In the case of applicants living in cities like Mumbai, Bengaluru, Delhi, Cochin, Pune, Kolkata, Hyderabad, Ahmedabad and Chennai, the net monthly income should be at least ₹ 20,000.
HDFC Personal Loan EMI Calculator
An EMI Calculator is one such magical and smart device that lets you know about your EMIs, Interest Outgo and Total Amount Payable in the easiest manner. All it does is that by taking into consideration the loan amount, tenure and interest rate gives you the exact calculations in the least time frame. With its simple algorithm and quick functioning this device, this tool is here to make your journey memorable.
To make you understand better, below is a table showing the calculations on a loan amount of ₹3 Lakh, taken for a tenure of 4 years at an interest rate of 15% per annum.
Table Showing EMI, Interest Outgo, and Total Repayment Amount EMI, Total Interest Outgo, Total Repayment (Interest + Principal)
Loan Amount Interest Rate Tenure Monthly Instalment Total Interest Amount Total Amount ₹ 3,00,000 15% 1 ₹ 27,077 ₹ 24,930 ₹ 3,24,930 ₹ 3,00,000 15% 2 ₹ 14,546 ₹ 49,104 ₹ 3,49,104 ₹ 3,00,000 15% 3 ₹ 10,400 ₹ 74,386 ₹ 3,74,386 ₹ 3,00,000 15% 4 ₹ 8349 ₹ 1,00,763 ₹ 4,00,763 Year Principal Interest Balance Amount 1 ₹ 59,147 ₹ 41,043 ₹ 2,40,852 2 ₹ 68,655 ₹ 31,535 ₹ 1,72,196 3 ₹ 79,692 ₹ 20,498 ₹ 92,503 4 ₹ 92,606 ₹ 7687 ₹ 0
Table Showing EMI, Interest Outgo, and Total Repayment Amount
EMI, Total Interest Outgo, Total Repayment (Interest + Principal)
Documents Checklist for a HDFC Bank Personal Loan Chennai
The list of all the essential documents required to avail a personal loan from HDFC bank has been mentioned below. Do check them out.
- Identity Proof- photocopies of Driving License/Voter ID Card/Passport
- Address Proof- photocopies of Passport/Telephone Bill/Ration Card/Rental Agreement/Electricity Bill
- Income Proof- Salary Certificate(current dated) with Form 16/Latest salary slip
- Bank Statement of the past three months/ six months passbook statement
In case you want more information, you can refer to Personal Loan Chennai.
About HDFC Bank Personal Loan in Chennai
HDFC bank is one of the leading private sector banks in India. The bank offers a personal loan to the customers based in Chennai. A salaried employee is eligible to apply for the product to meet his financial needs. The banks provides a special Personal Loan Diva to its women customers. HDFC bank has set up more than 100 branches in the capital of Tamil Nadu.