HDFC Bank Personal Loan Rates & Fees

HDFC Bank’s Personal Loans are easy-to-get, quick and convenient. You can use an HDFC Bank personal loan for a variety of purposes, including travel, wedding expenses, home renovation, in a medical emergency or to buy a gadget.

HDFC Bank, India’s No 1 Bank*, provides personal loans with hassle-free documentation and superfast disbursals. Pre-approved HDFC Bank customers can get loan disbursed in 10 seconds flat. Other customers can get money in just 4 hours.

Besides speedy and transparent processing, the Bank offers a host of other benefits on its personal loans including flexible tenures and competitive interest rates.
These unmatched benefits make our products among the best personal loans in India.



The key features of personal loans include customization of personal loans and special interest rates on personal loans for existing HDFC Bank customers. You can also transfer your existing personal loan to HDFC Bank.

There are several benefits of personal loans from HDFC Bank. You can get in touch via SMS, online chat or phone banking, and check your personal loan eligibility online in just 60 seconds. Additional personal loan benefits include personal accident cover and personal loan security.

-The convenience of contacting us through SMS, Web chat Click2Talk,

-Personal loan eligibility in 1 minute available online and across all branches.

-loan in your account in 2 days.

-Special loan offers for women employees

-Best in class offering on loan amount interest rates and charges for HDFC Bank account holders.



-Simplified Documentation

-Speedy Approvals

-Loan available for various needs.


Minimum Document Required 

The following documents are required along with your Personal Loan application:

-Identity proof (copy of passport/voter ID card/driving license/Aadhaar)

-Address proof (copy of passport/voter ID card/driving license/Aadhaar)

-Bank statement of previous 3 months (Passbook of previous 6 months

-Latest salary slip/current dated salary certificate with the latest Form 16

 -Last Salary Slip

-Last 3months Bank Statement

-Identity Proof: Passport/PAN card or Adhar Card.

-Address Proof: Passport/Electricity bill or Driving Licence.

-Signature Proof: Passport/PAN card.

-A Photograph.



The following people are eligible to apply for a Personal Loan:

Salaried doctors, CAs, employees of private limited companies, employees from public sector undertakings, including central, state and local bodies

Individuals between 21 and 60 years of age

Individuals who have had a job for at least 2 years, with a minimum of 1 year with the current employer

Those who earn a minimum of Rs. 15,000 net income per month 

-Salaried Individuals

-Loan up to 15 lac

-Flexible repayment options

-12 to 60 months 


Personal Loan Rates & Fees 

HDFC Bank offers competitive rates of interest on personal loans. If you are an existing customer, you can enjoy additional benefits on the interest rate on your personal loan. Find out more about HDFC Bank’s personal loan interest rates, along with personal loans fees and charge below.

FeeAmount to be Paid
Rack interest rateSalaried – 15.00% TO 20.99 %
PrepaymentSalaried – No pre-payment permitted until repayment of 12 EMIs
Pre-payment chargesSalaried – 13-24 Months – 4% of Principal Outstanding,
25-36 Months – 3% of Principal Outstanding
>36 Months – 2% of Principal Outstanding
No Due Certificate/No Objection Certificate (NOC)NIL
Duplicate of No Dues Certificate/NOCNIL
Solvency CertificateNot applicable
Charges for late payment of EMI2% per month on EMI / Principal overdue subject to the minimum amount of Rs. 200/-
floating rateNot applicable
Charges for changing from floating to a fixed rate of interestNot applicable
Stamp duty & other statutory chargesAs per applicable laws of the state
Credit assessment chargesNot applicable
Non-standard repayment chargesNot applicable
Loan cancellation chargesNIL (However client would be charged interest for the interim period between the date of loan disbursement and loan cancellation and processing fees would be retained.)
Cheque bounce chargesRs. 550/- per cheque bounce
Legal/incidental chargesAt actual

*Government Taxes and other levies as applicable will be charged over and above the Fees and Charges
Loan at the sole discretion of HDFC Bank Ltd.

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