A personal loan can be your best friend when you are in distress or in urgent need of money for any other reasons. Different Personal loan products have been designed keeping in mind the distinct needs of the salaried /self-employed class or people with a continuous source of income.
Everything you should know about HDFC personal loans.
HDFC personal loan interest rate is different for different customers, depending on their income, credit profile, bargaining power etc. The interest rate of HDFC personal loan is currently in the range of 14.75 % to 20.70 % for the salaried and self-employed class. However, this is subject to periodic changes.
You can apply for HDFC personal loan for any amount from Rs 50000 to Rs 15 lakhs, depending upon your requirement. You may add the income of your spouse and can apply for a joint loan, if you are in need of a bigger loan amount.
When you apply for HDFC personal loan, the bank will ask for a processing fee in the range of 1% to 2.5 % of the approved loan amount.
For the salaried class, no prepayment is allowed for an HDFC personal loan until the borrower repays at least 12 EMIs. Afterwards, prepayment charges are levied depending on the loan tenure ( as shown below)-
Prepayment between 13 to 24 months- 4 % of the outstanding principal
Prepayment between 25 to 36 months- 3 % of the outstanding principal
Prepayment after 36 months- 2 % of the outstanding principal
Flexible repayment period
HDFC personal loan provides easy & convenient options to repay your loan within a minimum period of 12 months to a maximum of 60 months.
Easy & transparent procedures
When you apply for a HDFC personal loan, you are provided clear and up-to-date information about the HDFC personal loan status at every stage. HDFC personal loan provides quick loan disbursal and easy loan payment options such as ECS and PDCs. Also, the entire loan procedure is a completely transparent one. It has zero hidden charges.
Special loan offers for women employees
HDFC offers attractive discounted schemes for women known as HDFC personal loan Diva scheme. This scheme offers pre-approved personal loans up to Rs 3 lakhs to women applicants, along with over 100 Diva offers across its premium products and brands.
You can apply for HDFC personal loan from the effective online platform of Afinoz.com. We can provide you our best in class supports related to your personal loan and you can have facilities such as instant approval, real-time tracking facility, online eligibility check and many more.
The dedicated experts in Afinoz will provide you with the best possible financial advice, tailored to your specific needs so that you can avail the best benefit. Our best services are offered to you absolutely free of cost.
For any query, feel free to call us at 8795021552 or visit-https://www.afinoz.com.