|Loan Name||Interest Rate||Processing Fee||Loan Amount||Tenure|
|HDFC Bank Personal Loan||15.50% - 21.50%, Fixed||up to 2.50% of loan amount||40L Max||1-5 years|
Q: What is the interest rate charged by HDFC bank for a personal loan?
A: HDFC bank will charge the interest rate in the following range starting from 11.25%-18% per annum on the outstanding amount of the bank.
Q: Who can avail a personal loan from HDFC bank?
A: HDFC bank provides personal loan only for salaried individuals.Applicant should be employed either with the government, private or public sector.
Q: What is the time period for a personal loan to secure approval in HDFC bank?
A: On submitting the loan application and the required documents as per the bank's criteria, one can expect approval and disbursal of the loan amount within four hours.
Q: What is the benefit of having a salary account with the HDFC bank to avail personal loan?
A: If your salary account is from HDFC Bank then you will get extra benefits while applying for a personal loan. HDFC bank offers attractive interest rates, processing fee, speedy process with minimal documentation for those who have a salary account with HDFC.
Q: What are the documents required to avail personal loan from HDFC bank?
A: The following documents are required to avail the personal loan from HDFC bank: