Say Yes to Your Wedding Celebrations with HDFC Bank
Last Updated : July 14, 2016, 10:02 a.m.
When it comes to getting the wedding loan, these days not only one, but many banks are there that offer you personal loan for wedding in a very quick and hassle-free manner. And, among those renowned banks, HDFC is one such name that makes sure to cover all your wedding expenses via its best product called wedding loan.
Yes, this bank with its quick and easy wedding loan process fulfills the needs of the customers. So, if you also want to make your dream wedding totally unforgettable and memorable, nothing to worry as HDFC bank is here.
So, for more information about wedding loan, go through this article below and clear all your doubts.
HDFC Wedding Loan Details:
| Particulars | Details |
|---|---|
| Interest Rates | 15.75% – 20% p.a. |
| Loan Amount | Rs. 50,000-Rs.15 Lakh |
| Repayment | 12 Months-60 Months |
| Processing Fees | 2% – 2.50% of the loan amount |
| Foreclosure charges | Nil – 4.00% |
Features and Benefits of HDFC Wedding Loan
- Special offers, interest rates and charges for HDFC Bank account holders
- Flexible Interest Rates, Special interest rates for women borrowers
- Quick Loan Approval
- Easy Documentation Process & 100% Transparency
- Maximum Loan
- Flexible Repayment options
- Zero Hidden Charges, Lowest Processing Fee & Convenient Repayment options
- Loan Offering for First Time Loan Borrowers
Eligibility Criteria for HDFC Bank Wedding Loan
To avail the wedding loan in HDFC Bank, you need to fit into the below eligibility criteria.
| Criteria | Eligibility |
|---|---|
| Age of Applicant | Min-21 years ; Max-60 years |
| No. of years in employment | 2 years & above |
| Current Experience | 1 year & above |
| Net Monthly Income | Rs. 15,000/- & above (CAT-A companies) Rs. 20,000/- & above (Non-listed companies) |
Documents Required for HDFC Bank Wedding Loan
Next, thing on which you need to pay attention is the documentation required to get the personal loan in this bank.
Income ProofLatest salary slip/current dated salary Certificate with latest form 16Income ProofLatest salary slip/current dated salary Certificate with latest form 16
| Title | Documents |
|---|---|
| Identity proof | Passport/ driving license/PAN card/ Photo credit card (with embossed Signature and last two months statement)/ banker’s sign verification |
| Age proof | PAN Card/ Passport/ Driving Licence/ School leaving certificate/ Voter’s card/ Birth Certificate/ LIC policy (only for age Proof) |
| Address Proof | Passport/ Telephone bill (BSNL/MTNL)/ Electricity bill/ Title deed of property/Rental agreement/ Driving license/ Election ID card/ Photo-credit card (with last two month statements) |
| Income Proof | Latest salary slip/current dated salary Certificate with latest form 16 |
| Job Continuity Proof | Form 16/relieving letter/appointment Letter (for last two months) |
| Banking History | Bank statements of latest 2 months/ 3 months bank passbook |