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Personal Loan

feel free to apply for personal loan

Why Choose a Personal Loan from HDFC Bank

We work for your comfort.

Personal Loan interest rates starting at 10.50%

Flexible tenure up to 72 months

Loan upto 1 Cr.

100% Safe & Secure digital process

Note - Please check HDFC Bank’s official website or contact them directly to get the most accurate and up-to-date information on eligibility criteria and document requirements.

Apply for HDFC Bank Personal Loan

we provide fast and easy loan services with banks and NBFC.

Full Name* :

Email* :

Phone Number* :

PAN No* :

Salary :

Date of Birth* :

State* :

City* :

Pincode* :

Why Choose a Personal Loan from HDFC Bank

We work for your comfort.

Personal Loan interest rates starting at 10.50%

Flexible tenure up to 72 months

Loan upto 1 Cr.

100% Safe & Secure digital process

Note - Please check HDFC Bank's official website or contact them directly to get the most accurate and up-to-date information on eligibility criteria and document requirements.

Personal Loan
Interest Rate	10.50% p.a. onwards
Tenure	12 Months to 6 Years
Processing Fee	Upto ₹ 4,999
Loan Amount	Upto ₹1 Cr
Minimum Income	₹25000
Age Criteria	21 to 58

Personal Loan Documents Required
Identity Proof	Passport/ Driving License/PAN Card
Address Proof	Passport/ Telephone Bill/ Electricity Bill/ Title Deed of Property/Rental Agreement/ Driving Licens
Income Proof	Latest Salary Slip/Current Dated Salary Certificate with Latest form 16
Age Proof	PAN Card/ Passport/ Driving Licence/ School leaving certificate/ Voter's card/ Birth Certificate/ LI
Bank Statements	Bank statements of latest 2 months/ 3 months bank passbook
Job Continuity Proof	Form 16/relieving letter/appointment Letter (for last two months)

HDFC Bank Personal Loan EMI :

To calculate the Equated Monthly Instalment (EMI) for a ₹1 lakh personal loan at an interest rate of 10.50% for a specific tenure, you can use the following formula:

EMI = [P x R x (1+R)^N] / [(1+R)^N-1]

Where:

P = Principal loan amount (₹1,00,000)
R = Monthly interest rate (Annual rate divided by 12 months: 10.50% / 12 / 100)
N = Total number of monthly installments (tenure in months)

Let’s calculate the EMI for a 5-year (60-month) tenure:

EMI = [1,00,000 x (0.00875) x (1+0.00875)^60] / [(1+0.00875)^60-1]

EMI ≈ ₹2,124.79 (approximately)

So, the approximate EMI for a ₹1 lakh personal loan at 10.50% interest for a 5-year (60-month) tenure with HDFC Bank would be around ₹2,124.79.

Note - Please check HDFC Bank’s official website or contact them directly to get the most accurate and up-to-date information on eligibility criteria and document requirements.