HDFC Bank Personal Loan

In today’s time to take personal loan from hdfc, you do not need to go to the bank. You can also easily get a loan from the bank by applying online. Then’s a five- step companion on how to get a particular Loan. From documents needed to how to apply for a particular Loan, we’ve all the angles covered.

HDFC Bank Personal Loan Process

Step 1: Determine your requirement
Step 2: Check loan eligibility
Step 3: Calculate monthly instalments
Step 4: Approach the bank
Step 5: Submit documents

Step 1 : Determine your requirement : In this step it happens, how much loan do you want to take from the bank. Like you want to take a loan of 1 lakh or 10 lakh.

Step 2: Check loan eligibility: Once you know how much you need, you should check whether you are eligible. You can visit the HDFC Bank Personal Loan Eligibility Calculator online, to find out how much you can borrow as Personal Loan. HDFC Bank offers loans up to Rs. 40 lac.

Step 3: Calculate monthly instalments : Use an online EMI tool to calculate your approximate loan repayments every month. You can modify the interest rate and tenure to match your monthly income, like on HDFC Bank Personal Loan EMI calculator. HDFC Bank offers pocket friendly EMIs on all its Personal Loan starting at Rs. 1878 per lac * (T&C).

Step 4: Approach the bank : You can apply for a Personal Loan with HDFC Bank in a variety of ways: Via NetBanking, online on the HDFC Bank website, at an ATM or by visiting a branch.

Step 5: Submit documents : Next find out what documents are required for a Personal Loan. Usually, you will need income proof (bank statements, salary slips or IT returns), address proof and ID proof. Hand over copies of your Personal Loan documents at the bank.

Wait for funds to be remitted to your account. HDFC Bank disburses funds for pre-approved loans to customers in 10 seconds*, and for non-HDFC Bank customers in 4 hours*.


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