Different Kinds of HDFC Bank Personal Loan
Marriage Loan
Purpose: to cover the costs of the wedding's personal expenditures
Loan Amount: Rs 50,000- Rs 40 lakh
Tenure: It is of 1 to 5 years
Processing Fee: :If you are salaried, you may borrow a maximum of 2.50 percent of
the loan amount, up to a maximum of Rs.25,000.
Travel Loan
Purpose: To cover the borrower's travel expenditures, the loan was extended.
Loan Amount: Up to Rs 40 lakh
Tenure: Max 5 years
Processing Fee: If you are salaried, you may borrow a maximum of 2.50 percent of
the loan amount, up to a maximum of Rs.25,000.
Emergency Loan
Purpose: Financial crises such as medical expenditures, education costs, wedding
costs or any other unexpected financial crisis should be covered with an emergency fund.
Loan Amount: Rs 50,000 toRs 40 lakh
Tenure: Max 5 years
Processing Fee: If you are salaried, you may borrow a maximum of 2.50 percent of
the loan amount, up to a maximum of Rs.25,000.
Debt Consolidation Loan
Purpose: in order to pay back some of your loans,
Loan Amount: Up to Rs 40 lakh
Tenure: Max 5 years
Processing Fee: If you are salaried, you may borrow a maximum of 2.50 percent of
the loan amount, up to a maximum of Rs.25,000.
Personal Loan for Home Renovation
Purpose: If you need to modify your kitchen and other rooms in your home (such as
replacing your furniture and electrical wiring), you may apply for a grant to help the
expenses.
Loan Amount: Up to Rs 40 lakh
Tenure: Max 5 years
Processing Fee: If you are salaried, you may borrow a maximum of 2.50 percent of
the loan amount, up to a maximum of Rs.25,000.
Personal Loan for Students
Purpose: In order for students to continue their education
Loan Amount: Up to Rs 40 lakh
Tenure: Max 5 years
Processing Fee: If you are salaried, you may borrow a maximum of 2.50 percent of
the loan amount, up to a maximum of Rs.25,000.
Personal Loan for Teachers
Purpose: In order for instructors at private or public schools and institutions
to cover any additional expenses that may arise
Loan Amount: Up to Rs 40 lakh
Tenure: Max 5 years
Processing Fee: If you are salaried, you may borrow a maximum of 2.50 percent of
the loan amount, up to a maximum of Rs.25,000.
Personal Loan for Women
Purpose: Providing the financial needs of women, such as travel, school,
weddings, or any other unanticipated fees, is one of our primary goals.
Loan Amount: FromRs 50,000 toRs 40 lakh
Tenure: Max 5 years
Processing Fee: If you are salaried, you may borrow a maximum of 2.50 percent of
the loan amount, up to a maximum of Rs.25,000.
Personal Loan for Salaried
Purpose: In order to handle any financial emergencies that may arise for salaried
candidates.
Loan Amount: FromRs 50,000 toRs 40 lakh
Tenure: Max 5 years
Processing Fee: If you are salaried, you may borrow a maximum of 2.50 percent of
the loan amount, up to a maximum of Rs.25,000.
Personal Loan for Government Employees
Purpose: In order to meet the financial requirements of government workers in the
event of a wedding, medical emergency, travel expenditures, and other events, a fund has
been established.
Loan Amount: It is up to Rs 40 lakh
Tenure:It is up to 6 years
Processing Fee: For salaried clients, a maximum of 2.50 percent of the loan
amount is available, subject to a minimum of Rs 1,999 and a maximum of Rs 25,000.
Balance Transfer
Purpose: Customers of NBFCs and other financial institutions that currently have
personal loans with HDFC Bank may be able to take advantage of lower interest rates.
Processing Fee: It is starting from Rs 3,999 + GST
Repayment of HDFC Personal Loan
There are two methods to make an online loan payment: via a website or a mobile application
Paying loan EMIs using HDFC Internet Banking is as simple as logging on to the bank's
official website, which is accessible in several languages. You must first enter your
username and password before logging in. Your HDFC Bank account may be used to make loan EMI
payments after a successful login, so long as you have enough money available in your HDFC
Bank account.
Customer Account Access through a Mobile App from HDFC
HDFC offers its customers the option to access their accounts from their mobile devices. In
order to download the HDFC mobile app on an Android or iOS device, customers need go to the
appropriate store's store. Select the payment tab and then personal loan from the drop-down
menu after logging in. You may now pay your loan EMIs using a mobile app.
Alternatives to Making Loan Payments Online
There are a range of payment options available to customers who prefer to make an EMI
payment. Consumers may pay their EMIs using any of the following options.
