Personal Loan for HCL Employees 2022

HCL Technologies Limited is a multinational organization. It is an IT service and consulting company headquartered in Uttar Pradesh, India. HCL has a wide presence across the globe. It is a short term of Hindustan Computers Limited and it offers services in the sphere of consulting, engineering, tech development, and outsourcing services. The company is considered as a great destination for students from all over the country for values that put employees first and a culture that breeds the entrepreneurship. HCL offers a large range of benefits to its employees within and outside of work. It is categorized by various banks and NBFCs under the “A “category in the list of organizations. Therefore, employees of HCL can avail of personal loans at a competitive rate of interest. Let’s know about the banks offering personal loans for HCL at a great deal. 

Axis Bank offers personal loans to the HCL employees at a competitive rate of interest. The personal loan from Axis bank can be used to meet any personal expenses like a big fat wedding, exotic vacation, abroad studies, or medical emergency. Below are the few important details of the Axis Bank offering to the HCL employees:

• Online loan application processing
• Free Online NEFT transactions
• Rate of interest on personal loan ranges from 12% to 24%
• Availability of DDs & PO with the corporate salary account every month*
• Simple documentation process
• Cost-free withdrawals from any bank ATM across the globe
• Flexible loan repayment tenure ranging from 12 months to 60 months
• Quick disbursal of the loan amount

HDFC is among the first banks to have come up with a special personal loan scheme just for the HCL employees. The bank has designed a personal loan scheme with a special rate of interest and additional benefits for the employees of HCL. The personal loan offered by the bank primarily focused on to provide the finance for diverse personal financial needs of the borrower. The loan comes at an attractive interest rate and flexible tenure. Let us look into other features and benefits that HDFC is offering to HCL employees:

• Rate of interest starting from 10.75%
• Online loan processing
• Low processing fee 
• Free Demand Drafts worth of Rs. 25000 payables at HDFC Bank locations 
• Exciting offers on flight tickets & hotels, electronic gadgets, and shopping, etc.
• Simple documentation process
• Free Personal Accident Death Cover of Rs. 20 lakhs* and Air Accident Death Cover of Rs. 1.25 crore
• Quick disbursal of the loan amount
• Free transferring of online funds using NEFT/RTGS via NetBanking.

HSBC offers personal loans to HCL employees through the Corporate employee program. Through this program, HCL employees can avail of the attractive rates on personal loans and the other additional benefits. The loan offers finance for personal expenditures such as weddings, vacations and more. Below are the details of HSBC personal loan for the HCL employees:

• The rate of interest starts at 10.50%.
• Flexible repayment tenure of 60 months

Personal Loan Interest Rate 

The following are the basic documents required to be submitted for the personal loan. The list of required documents may differ based on various factors like the type of loan scheme a borrower is seeking, etc. 

• Passport-sized photograph
• PAN Card – for Company/Firm/Individual.
• A copy of any of the documents as identity proof:
• Aadhaar Card.
• Passport.
• Voter's ID Card.
• PAN Card.
• Driving License.
• Latest Form 16 and salary slip for salaried individuals.
• A copy of any address proof documents:
• Aadhaar Card.
• Passport.
• Voter's ID Card.
• Driving License.
• Bank statement of the previous 6 months.
• Last 2 years ITR along.
• Audit Report.

You can easily apply for a personal loan with Afinoz. It is a financial platform who has tie-ups with various lenders who provide personal loans purely based on the customer persona and KYC documents. So, if you are facing any difficulty in availing personal loans due to being cash salaried then go with Afinoz App. Here are a few simple steps for applying for an easy loan:

• Step 1: Download the Afinoz App from the Google Play Store.
• Step 2: Sign up in the account.
• Step 3: Click on the personal loan apply button.
• Step 4: Choose the type of employment.
• Step 5: Enter the company name you are working for.
• Step 6: Provide the details like working tenure, salary, existing monthly installments (if any), the required loan amount and the mail id. 

After entering all these details, a message will be displayed on the screen regarding your eligibility. And if you’ll be eligible for the loan then the Afinoz team will contact you.

What you are waiting for??? If you need financial support avail a personal loan through Afinoz and enjoy the benefits of working with a reputed organization like HCL.