HDFC Personal Loan Interest Rates

Highlights

  • Enjoy HDFC Personal Loan Interest Rates starting at 10.25%
  • Get the best rates to enjoy a hassle-free journey

Want to avail a personal loan that comes with an attractive interest rate? And, how about, enjoying a pocket-friendly EMI of INR 4,373 to ease your loan burden? Well, if that sounds appealing to you, all you need to know about HDFC Personal Loan Interest Rates. Yes, if you are curious to know more, just go through the page below.

Apply HDFC Personal Loan @ 10.25%* Rate

Interest Rate Comparison Tool

All that glitters is not gold; the same goes for loans! Have you done your research?

Compare Banks. Estimate EMIs. Enable Wishes on wishfin.com

HDFC Personal Loan Interest Rates October 2021

ParticularsDetails
Interest Rate10.25% - 17.00%
Loan AmountNo upper limit, depends on income, repayment potential, credit score, etc
TenureUp to 5 Years
Processing Fees0.99%-2.50% of the loan amount (minimum being INR 1,999)
Prepayment ChargesNil- 4% of principal outstanding + GST
Repayment ModeECS, AD or PDC
No Due Certificate/No Objection Certificate (NOC)NIL
Duplicate of No Dues Certificate/NOCNIL
Solvency CertificateNot applicable
Charges for late payment of EMI24% per annum on amount outstanding from date of default
floating rate Not applicable
Charges for changing from floating to fixed rate of interestNot applicable
Stamp duty & other statutory chargesAs per applicable laws of the state
Credit assessment charges Not applicable
Non standard repayment charges Not applicable
Cheque swapping chargesINR 500/-
Amortization Schedule chargesINR 200
Loan cancellation chargesNIL (However client would be charged interest for the interim period between date of loan disbursement and loan cancellation and processing fees would be retained.)
Cheque bounce chargesINR 550/- per cheque bounce
Legal/incidental chargesAt actual
CIBIL Report Copy ChargesINR 50 per copy

Personal Loan Rack Rates

CO CAT/Product CATNTH BandSegmentIRR Processing Fee (Corporate Saving Account)Processing Fee (Non Corporate Saving Account)
All Categories except CAT D, CSA D, GC & NRI (includes ADFC)NTH >=75000Alpha15.50%-15.65%2.25%2.50%
NTH >=50000 to 75000Alpha15.75%-15.90%2.25%2.50%
NTH >=35000 to 50000Alpha15.75%-15.90%2.25%2.50%
NTH >=20000 to 35000Beta17.55%-17.70%2.25%2.50%
NTH <20000Beta17.55%-17.70%2.25%2.50%
CAT D/GCAllClassic21.30%-21.45%2.25%2.50%
CAT E/CAT NEWNTH >=100000Alpha15.75%-15.90%2.50%2.50%
NTH >=50000 -100000Beta17.55%-17.70%2.50%2.50%
NTH <50000Classic21.45%2.50%2.50%
CAT BBGNTH >=75000Alpha15.50%2.25%NA
NTH >=35000 -75000Beta17.00%2.25%NA
NTH <35000Classic21.45%2.25%NA
Defence (CAT GD/GE/GF)*Indian Army, Navy, AirForceAlpha15.75%-15.90%00
HDFC Bank Staff/HSL StaffAllAlpha12.25%INR 1,999NA
NRI (Based on Average remittance taken for Eligibility)>=50000Alpha15.75%-15.90%2.25%2.50%
<50000Classic21.30%-21.45%2.25%2.50%

Note:

  • All rates as mentioned above are subject to changes in accordance to the Retail RBP
  • Top up/ Enhancement Parallel: above grid will be applicable.
  • Above deviations are not applicable for Cat D/CSA D/GC, i.e. rack rates as mentioned above will be applicable
  • For F4 cases, a customer will be eligible for F4 rates or company category rack rates whichever is lower. However, deviations can apply only on company category rates and not on F4 rates.
  • Maximum PF can be charged up to 2.5% of the loan amount. Maximum PF capped to INR 25,000 plus applicable taxes
  • Rate approvals based on different approval levels cannot be accepted from two different authorities/different emails for the same case
  • Above deviation grid is not applicable for special offers like Platinum/KRC/SRC/Government/Defense and other corporate rate offers

Corporate Offers

IncomeInterest Rate (In Per Annum)Processing Fee
NTH>50K 10.75%-10.90%INR 1,999 - INR 3,999
NTH>35K11.00%-11.10%INR 1,999 - INR 3,999
NTH<35K12.25%-12.35%INR 1,999 - INR 3,999

Government

Government OfferNo. of CorporatesIncomeIRRProcessing Fee (of the loan amount)
Government Employees CAT A (GA) & CAT B (GB)Working with Central and State GovernmentNTH>=50K15.49% (Corporate Salary Account Holders i.e. HDFC Bank Salary A/C)1.75%
15.65% (Non-corporate Salary Account Holders i.e. HDFC Bank Saving A/C or Non-liability A/C)
NTH>=35K15.75% (Corporate Salary Account Holders i.e. HDFC Bank Salary A/C)2.00%
15.90% (Non-corporate Salary Account Holders i.e. HDFC Bank Saving A/C or Non-liability A/C)
NTH>=24K17.25% (Corporate Salary Account Holders i.e. HDFC Bank Salary A/C)2.00%
17.35% (Non-corporate Salary Account Holders i.e. HDFC Bank Saving A/C or Non-liability A/C)
Maharatna, Navratna & Miniratna56NTH>=75K11.49% (Corporate Salary Account Holders i.e. HDFC Bank Salary A/C)1.50%
11.55% (Non- corporate Salary Account Holders i.e. HDFC Bank Saving A/C or Limited Liability A/C)
NTH>=50K11.99% (Corporate Salary Account Holders i.e. HDFC Bank Salary A/C)1.50%
12.15% (Non-corporate Salary Account Holders i.e. HDFC Bank Saving A/C or Non-liability A/C)
NTH>=35K13.99% (Corporate Salary Account Holders i.e. HDFC Bank Salary A/C)1.50%
14.15% (Non-corporate Salary Account Holders i.e. HDFC Bank Saving A/C or Non-liability A/C)
CRPF, CISF, SSB, ITBP & BSFAll15.75% (Corporate Salary Account Holders i.e. HDFC Bank Salary A/C)1.50%
15.90% (Non-corporate Salary Account Holders i.e. HDFC Bank Saving A/C or Non-liability A/C)
PensionerNTH>=35K15.49% (Corporate Salary Account Holders i.e. HDFC Bank Salary A/C)1.50%
15.90% (Non-corporate Salary Account Holders i.e. HDFC Bank Saving A/C or Non-liability A/C)
RailwaysAllNTH>=50K14.99% (Corporate Salary Account Holders i.e. HDFC Bank Salary A/C)1.50%
15.15% (Non-corporate Salary Account Holders i.e. HDFC Bank Saving A/C or Non-liability A/C)
NTH>=35K15.49% (Corporate Salary Account Holders i.e. HDFC Bank Salary A/C)1.50%
15.65% (Non-corporate Salary Account Holders i.e. HDFC Bank Saving A/C or Non-liability A/C)
NTH>=25K16.99% (Corporate Salary Account Holders i.e. HDFC Bank Salary A/C)1.50%
17.25% (Non-corporate Salary Account Holders i.e. HDFC Bank Saving A/C or Non-liability A/C)

Focus Industry Offer

Focus Industry Offer No. of CorporatesIncomeIRRProcessing Fee
Pharma38NTH>=35K
14.75% (Corporate Salary Account Holders i.e. HDFC Bank Salary A/C)1.50%
14.85% (Non-corporate Salary Account Holders i.e. HDFC Bank Saving A/C or Non-liability A/C)
Automobile & Aviation61NTH>=35K14.75% (Corporate Salary Account Holders i.e. HDFC Bank Salary A/C)1.50%
14.85% (Non-corporate Salary Account Holders i.e. HDFC Bank Saving A/C or Non-liability A/C)

Focus Cust Segment

SegmentNet Loan AmountIRRProcessing Fee (of the loan amount)
Golden EdgeLA >=20 Lakh
11.49% (Corporate Salary Account Holders i.e. HDFC Salary Account)0.50% (CSA), 0.75% (Non CSA)
11.60% (Non Corporate Salary Account Holders i.e. HDFC Saving A/C or Non Liability A/C)
Golden EdgeLA >=10-19.99 Lakh11.99% (Corporate Salary Account Holders i.e. HDFC Salary Account)0.50% (CSA), 0.99% (Non CSA)
12.10% (Non Corporate Salary Account Holders i.e. HDFC Saving A/C or Non Liability A/C)

HDFC Personal Loan Balance Transfer Interest Rate

Get ready to enjoy lower EMIs and save more on your interest payments by transferring your existing personal loan to HDFC Bank. Yes, if your existing lender is giving you the personal loan at higher rates, going for HDFC BT is surely a smart move. If you opt for the BT with HDFC, you can get the lowest interest rates on your existing loan. There is a one-time processing fee of INR 1,999 that you need to give away to the bank so as to process your balance transfer request further. Moreover, you can either visit the branch or simply apply online to transfer your outstanding loan balance to HDFC.

Program Loan Amount TransferredIncomeIRRProcessing Fee (of the loan amount)
All Balance Transfer (including application through loan assist App)>=0.50 Lakh (based on NTH Grids)
NTH>=35k

11.99%INR 4,999
All Balance Transfer (including application through loan assist App)>=0.50 Lakh (based on NTH Grids)
NTH<35k
13.25%INR 3,999
All Balance Transfer (including application through loan assist App)>=0.50 Lakh (based on NTH Grids)
NTH>=50K11.49%INR 4,999
  • Balance Transfer rates will be applicable across all Banks & NBFC but not applicable on Credit Card Outstanding Take over.
  • Sales Promo code of EXTLOAN or BT-EXT to be captured
  • PL Balance Transfer Program not applicable for segments identified under Personal Loan Classic pricing category.
  • PL Balance transfer rates not applicable for CAT D, CAT E, CAT NEW, NRI and GC customer segments

The below rates will be applicable for HDFC Bank and HDFC Securities Ltd. (HSL) Staff:

Offer Rate: 12.25%

Offer PF:INR 1,999

HDFC Personal Loan Customer Care

If you want to get in touch with the bank, all you need to do is just dial 1800 425 4332, 1800 22 4060 or 1800 22 1006 from your mobile or landline. The bank executives with their thorough understanding and helpful nature are always there for your help and guidance. You can also register your complaint, query and share your feedback 24×7 by simply dialing these numbers. These executives with their friendly nature are always there to give you the required support so that you can have a hassle-free journey.

HDFC Personal Loan Status

Knowing your personal loan status is not a hassle anymore as all you need to do is simply visit the HDFC site. Click on Track My Application and submit few credentials such as name of the applicant, reference number and date of birth to complete the process. After successfully submitting the details, you can get to know the real-time status of your loan application. Yes, whether its approved, pending or rejected, knowing the status of your loan is not a hassle anymore.

Factors Affecting HDFC Personal Loan Rates

Factors based on which interest rates of HDFC personal loans are decided are as follows:

  • Income: The minimum Net Monthly Income of the applicant to apply for a personal loan at HDFC bank is INR 15,000/-. However, in selected areas like Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Pune, Calcutta, Ahmedabad, Cochin, the minimum Net Monthly Income is INR 20,000/-. With this minimum income criteria, the possibility of getting good rates and loan amount gets higher. The interest rate will be more for someone having lower income compared to people with higher earnings.
  • Monthly Expenses: The monthly expenses of the borrower decide the repayment capacity and hence are considered to an essential factor when it comes to deciding HDFC personal loan rates. If the loan seeker has less financial responsibilities, there are chances that he/she can get better rates.
  • Any Other Loan: When it comes to a personal loan, the borrower doesn’t have to give any kind of security to the bank. If there is no present loan, the payment of EMI is easier and smoother. And this impression leads to lower interest rates too. In case you have an ongoing loan too, it can impact your new loan repayment. Considering the same, HDFC Personal Loan Interest Rates can go up accordingly
  • Credit History: Having a healthy credit score would help get a personal loan from HDFC Bank at lower rates. A good score creates a nice impression before HDFC Bank, which offers attractive interest rates to such customers.
  • Job Stability: If you’ve shown job stability, it could boost your chances of getting lower rates from HDFC Bank.
  • Category of Employer: The interest rates offered to an individual is calculated on the basis of the income profile of the applicant and where he/she is working. If the person is working in a reputed organization, he/she is most likely to get a personal loan from HDFC at lower rates and higher loan amount.

HDFC Personal Loan Login

When it comes to log in to your HDFC Account, with the help of an online facility, you can anytime from anywhere access your account. Yes, via NetBanking, it is absolutely easy and quick to access your account from anywhere. All you need to have is the login credentials, i.e. customer ID and password. And after entering both the details, you just need to click on the submit button and you are sorted. With a fraction of a second, you will be able to log in to your account.

HDFC Personal Loan Eligibility

Availing HDFC personal loan is easy and simple if you know the eligibility norms set by the bank. Talking about the personal loan eligibility, it simply depends on various things such as age, credit score, work experience, job stability, employment type, etc. After meeting all these norms, you can become eligible to avail HDFC personal loan and fulfill your multiple needs without any hassle.

HDFC Personal Loan Documents

For a hassle-free loan journey, it is important that an applicant should submit all the required documents. So, if you are interested in applying for the HDFC Personal Loan, make sure you have a complete set of documents ready so as to have a smooth journey. Talking about documentation, Identity Proof, Address Proof, Bank Statements and Latest Salary Slips are a few documents that an applicant can easily submit either online or offline.

HDFC Personal Loan Top Up

Looking for a top up on your existing personal loan? Well, if the answer is yes, all you need to know about HDFC personal loan top up. This facility allows you to borrow a certain amount of money over and above your personal loan so that all your needs can easily be fulfilled. It is absolutely easy and a quick process to avail the funds through this facility. No matter what all needs you have, this top-up facility allows you to meet your varied needs instantly without any hassle. You can get this facility even on loans taken from other lenders. All you need to do is transfer the existing loan balance of other bank to HDFC at lower rates and request the latter for a top-up amount over it.

People Also Look For

  • Buy 24K 99.9% Pure Digital Gold Online
  • Personal Loan Interest Rates October 2021
    Fullerton India14.00% - 24.00%
    HDFC Bank10.25% - 17.00%
    ICICI Bank10.50% - 17.50%
    IndusInd Bank11.00% - 23.00%
    Kotak Bank10.75%
    RBL17.50% - 26.00%
    Standard Chartered Bank11.00% - 12.50%
    Tata Capital10.49% - 14.25%