HDFC Bank Personal Loan

Personal Loan at 1%* p.m.

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HDFC Bank Personal Loan Features

Eligibility Criteria Details
HDFC Bank Personal Loan Interest Rate 9.75% p.a.
Lowest EMI per lakh Rs 2112
Tenure 12 to 60 months
HDFC Bank Personal Loan Processing Fee 1% to 2% of Loan Amount
Prepayment Charges Allowed after 12 Months (2 – 4 %)
Part Payment Charges Allowed after 12 Months (2 – 4 %) 
Min Loan Amt ₹ 50,000
Max Loan Amt ₹ 75 Lakh

What is Personal Loan?

Personal Loan refers to that financial product that allows the individual to fulfill their any desire and wants you. And borrowers have to pay the rate of interest to the banks. HDFC Bank personal loan provides services to the customers in an online way and offline way as well. Apply online for HDFC Bank Personal Loan via

HDFC Bank is a reputed financial institution that it provides so many benefits to his customers. Bank has an extensive network all over India. You can make use of this amount of the money supplied by HDFC Personal Loan to complete your financial needs like:

  1. Children wedding
  2.  Medical Bills
  3. Education Fees
  4. Car services
  5. House renovation

HDFC Bank Personal Loan Eligibility:

For Salaried Individuals




22 years – 65 years.

Salaried individuals with minimum monthly income Rs.15,000 (Rs.20,000 for applicants residing in Mumbai & Delhi; Rs.18,000 for applicants residing in Chennai, Hyderabad, Bangalore, Pune & Kolkata; For Others Rs. 12,000)

Total years in job/profession

2 Years

Years in current residence

1 Year (One Day if in a Super A Company)

For Self Employed Individuals


Self Employed


23 years (self-employed individuals) and 25 years (for doctors); Maximum age – 65 years

Minimum Turnover

Rs. 40 lakh for non-professionals; Rs. 15 lac for professionals; as per audited financials

Minimum Profit After Tax

Rs. 2 lac for Proprietorship Firm/Self-employed Individuals and Rs. 1 lac for non-professionals as per audited financials

Business Stability

In current business for at least 5 years and a minimum of 3 years for doctors

Existing relationship with the bank

Minimum 1-year liability relationship (current or savings account) or Asset relationship (loan) either live or closed in the last 36 months; repayment track as required


Documents Required for HDFC Bank Personal Loan:

  1. Residence proof: The documents required for the residence proof includes (passport/ID card/ voter card/ aadhar card/ration/card/driving license). NOTE – If the applicants are living in rental apartments then has to submit his agreement, electricity bill on his name and address of the owner.
  2. Self-employed: The applicant of which has applied personal Loan should have file ITR for the last three months, and his business should be registered in the records.
  3. Salaried applicants: The applicants have to submit his salary slip of last three months and bank statement of last six months.
  4. Identity proof: Documentation requires one among the following ( passport/ID card/ voter card/ aadhar card/ration/card/driving license) any one of them.
  5. Under KYC formality: Every applicant applying for Personal Loan has to submit his pan card, which is a necessary document.
  6. Two colored passport size photos: In this applicants should not wear any glasses.

What is the Interest Rate of HDFC Bank Personal Loan?

The Rates of interest provided by the HDFC Bank personal loan interest rate is quite affordable by every individual. It starts at 10.75 % per annum.

What is the maximum tenure of HDFC Bank Personal Loan?

  1. HDFC Personal Loan tenure  basically can be one year to 5 years.
  2. Pre-closure Charges – Personal Loan HDFC Bank applies some charges on the pre-closure of the Personal Loan. It is 4% of the outstanding balance.

What are the benefits of HDFC Personal Loan?

  1. First of all, it is effortlessly easy to apply for Personal Loan. You can get through HDFC Personal loan login within 2 minutes.
  2. After that, it is easily accessible. You can get an HDFC Personal loan status all over India.
  3. In addition to this, you can check your HDFC Personal Loan Status like interest rates, eligibility, EMI Calculator.
  4. Furthermore, if you are eligible your Loan gets approved on the within a day.

How to apply on magic

  1. Search for magic on Google.
  2. First of all, a form will open up.
  3. After that, fill the way with the required information.
  4. Besides, you will get information furthermore from us.
  5. Moreover, you can call on 60011600 for more details.