Frequently Asked Questions
Why avail a Personal Loan from HDFC Bank?
HDFC Bank offer personal loans for all your requirements. Smart products, competitive offerings and peace of mind differentiate us. Enjoy triple benefits when you avail a personal loan from HDFC Bank:
- Quick personal loans-Experience express loan processing, easy documentation, quick disbursal and doorstep service
- Competitive pricing -Benefit from competitive loan rates and convenient repayment options
- Transparency -Zero hidden charges, reasonable processing fees and utmost clarity on the loan process with up-to-date information about the loan application at each stage
How can I repay my Personal Loan?
You pay the loan in equal monthly instalments (EMIs). The loan will be paid through ECS or a standing instruction to debit your HDFC Bank account / other Bank Account with the EMI amount.
What are Documents to be submitted?
- Proof of identity: Copy of passport/voter ID card/driving license
- Proof of address: Copy of ration card/telephone or electricity bill/rental agreement/passport
- Last 3 months bank statement/6 months bank passbook
- Latest salary slip/ current dated salary certificate with the latest Form 16
Can I do Balance transfer my existing Loan from other bank?
If already have a personal loan you can Reduce your EMIs by transferring your existing personal loan to us and avail special offers and exclusive benefits.
What are the additional charges?
The additional charges (if any) are applicable in case you default or in case of SWAP (i.e. change the repayment mode).
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