HDFC Bank Personal Loan Interest Rate

What are the Personal Loan Interest Rate charged by HDFC Bank for that will you please let me know about it?

On your concern I will help you here to get the details about Personal Loan Interest Rate charged by HDFC Bank so that you can have idea about it.

Here I’m telling you interest rates
Rack interest rate
Salaried - 15.75% to 20%

Loan processing charges
Up to 2.50% of the loan amount subject to a minimum of Rs. 1,000/- & Maximum of Rs. 25000/- for Salaried Customers.

Prepayment
Salaried - No pre-payment permitted until repayment of 12 EMIs

Pre-payment charges
Salaried - 13-24 Months - 4% of Principal Outstanding,
25-36 Months - 3% of Principal Outstanding
>36 Months - 2% of Principal Outstanding

Benefits

In principal Personal loan eligibility in just 1 minute - Online, as well as across all branches
Personal loan Diva: A special loan proposition for women employees. Enjoy more than 100 free alliance offerings, across 100 locations in India
Loan offerings for first time borrowers also
Personal loans available on the basis of credit history (repayment of home loans, auto loans and credit cards)
Receive a Personal Accidental Cover of up to 8 Lacs along with a Critical Illness cover of 1 Lac
Convenience of reaching out through SMS, Webchat, Click2Talk and PhoneBanking

Eligibility

Be 21-60 years of age.

Have had a job for at least 2 years, and a minimum of 1 year with your current employer

Be earning at least Rs. 12,000/- per month net income (Rs. 15,000/- in Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Pune, Calcutta, Ahmedabad, Cochin)


Address:-
HDFC Bank
HDFC Bank House, Senapati Bapat Marg
Lower Parel (W), Mumbai - 400 013.

Phone:-
91 - 22 - 6652 1000

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Answered By StudyChaCha Member