HDFC Bank Personal Loan
- Borrow up to Rs 15,00,000 for any purpose depending on the requirements.
- Flexible Repayment options, ranging from 12 to 60 months.
- Repay with easy EMIs.
- One of the lowest interest rates.
- Hassle free loans - No guarantor/security/collateral required.
- Speedy loan approval.
- Convenience of service at your doorstep.
Features
Eligibility
Salaried- Minimum age of Applicant: 21 years
- Maximum age of Applicant at loan maturity: 60 years
- Minimum employment: Minimum 2 years in employment and minimum 1 year in the current organization
- Minimum Net Monthly Income: Rs. 10,000 per month (Rs. 15,000 in Mumbai, Delhi, Bangalore, Chennai and Hyderabad & Rs. 12,000 in Calcutta, Ahmedabad and Cochin)
Self Employed (Professionals) include self - employed Doctors, Chartered Accountants, Architects, Company Secretaries.
- Minimum age of Applicant: 25 years
- Maximum age of Applicant at loan maturity: 65 years
- Years in business: 4 to 7 years depending on profession
- Minimum Annual Income: Rs. 100000 p.a.
Loan Amount
You can avail of a loan from Rs 50,000/- to Rs 15,00,000/- depending on your income and repayment capacity. You can club the income of your spouse if you wish to increase your loan amount.
Margin
Repayment Period
Documents Required
Salaried- Proof of Identity (Passport Copy/ Voters ID card/ Driving Licence)
- Address Proof (Ration card Tel/Elect. Bill/ Rental agr. / Passport copy/Trade licence /Est./Sales Tax certificate)
- Bank Statements (latest 3 months bank statement / 6 months bank passbook)
- Latest salary slip or current dated salary certificate with latest Form 16
Self Employed (Professionals) include self - employed Doctors, Chartered Accountants, Architects, Company Secretaries.
- Proof of Identity (Passport Copy/ Voters ID card/ Driving Licence).
- Address Proof (Ration card Tel/elect. Bill/ Rental agr. / Passport copy/Trade licence /Est./Sales Tax certificate).
- Bank Statements(latest 6 months bank statement /passbook)
- Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA
- Qualification proof of the highest professional degree
Get Personal Loan Offers
A maximum of 5 providers will compete to give you the best rates (Feb 2012)
Personal Loans of over Rs. 416.39 crores applied for in 2012 (Last Updated on 7 Feb 2012 5:03 PM)