HDB Personal Loan 2022

HDB Personal Loans are offered by the HDB Financial Services, which is the financial lending arm of the prestigious HDFC Group. One can easily avail a personal loan from the HDB at a very low rate of interest. 

This company fulfills the very needs of all its customers with the best services on offer. Whether a borrower needs the loan for their child’s education, a relative’s marriage or to purchase a long planned expensive home appliance, one can easily avail the personal loan from HDB Financial Services, and convert all your dreams into reality. HDB Financial Services with its unmatched and flexible personal loans fulfills the personal financial needs of all.

So, if you are in urgent need of funds to accomplish your personal needs, take a personal loan from this financial firm. Thus, for your reference, here is the personal loan credential of HDB Financial Services.

Here are some of the most prominent features and some well-known benefits of the HDB Personal Loan:

Most affordable & lowest interest rates

The rate of interest offered by HDB Financial services is Moreover, the company offers a better interest rate based on your credit score, income amount and employment history

Simple & easy documentation

HDB Financial Services insist on minimum documentation that is required to assess your loan eligibility. Hence, you can expect hassle-free experience during the entire loan application process

Instant processing & Disbursal

HDB personal loan is available for an amount up to ₹ 20 Lakh. Hence, you can have access to a large amount without any collateral.

Enjoy the convenience of doorstep service

If you are a government employee or large corporate employee, you can expect special offers from HDB Financial services

No requirement of security/guarantor

While availing the HDB Personal Loan, a borrower in under no obligation to provide a collateral or security against the loan amount being taken as loan

Easy & Flexible monthly repayment

HDB provides flexible tenure that ranges from 1 year to 5 years. Hence, based on your income and expenses, you can choose to repay the loan in a duration that suits you

If you wish to avail a personal loan from HDB Financial Services, this institution with its attractive interest rates is here to make your journey all the more exciting and smoother. You can avail HDB personal loan at a low-interest rate per annum as per bank’s norms

HDB’s eligibility criteria for personal loans is based on certain parameters. An applicant must fall into the below-mentioned criteria to be eligible for a loan on the basis of their occupation or employment status:

For Salaried Employees –

For Self-Employed Professionals –

For Businesses –

HDB Financial Services ensures that its customers can apply and get their loan processed without any hassle. So, the bank has finalized a list of generalized documents which are required for the documentation process of the loan application.

1. For Salaried Employees

2. For Self-Employed Professionals and Individuals

Now you can easily evaluate and calculate your HDB Personal Loan eligibility and EMI by using the Personal loan EMI calculator at Afinoz.com. The calculator uses a simple and method-based approach to quickly calculate and determine the EMI outflow every month including the interest rate and other charges you will need to pay as part of the loan repayment.

However, for you to easily understand the basics of the loan process and the anticipated EMIs, we have prepared a table for various amounts at applicable interest rates;

Various amounts of loan taken at a rate of interest of 12.75% (effective rate of interest – 0.011% per month) for a fixed tenure of 3 years;

Comparative: -

Loan amount of ₹ 2,00,000 taken for a tenure of 12 months from various banks at competitive interest rates:

While you do your HDB personal loan application through Afinoz, you should check the following: -

• Check your HDB personal loan eligibility with the personal loan eligibility calculator at Afinoz.com. You can simply visit our website Afinoz.com, fill in a few easy details and get an instant and accurate assessment of your personal loan eligibility.
• Check your HDB personal loan EMI with the personal loan EMI calculator at Afinoz.com. This will help you to know the exact amount you need to pay every month towards the repayment of your loan.

Check the documentation required for your HDB personal loan application. Whether you are salaried or self-employed, applying with the proper set of documents will enhance your chances of getting your loan approved in the least possible time.

With HDB personal loan, it is quite convenient to track the status of your loan application by simple steps. First, by visiting the official web-site or through the mobile phone application, and login using your credentials such as your login id and password, one needs to enter the application number or the document number which is provided for the loan application. Going forward, the page shows the overall activity and the account summary, where one can easily track the loan application status, thus can know whether the loan has been approved, in process or is rejected.

In case you want to get in touch with HDB, you can easily do so by getting in touch with their customer care executives. In order to do so, all you need to do is just visit the site and click on customer support. The moment you click on it, you will be redirected to a page, showing one form on the screen that you need to fill so as to register your complaints, queries, suggestion or feedback.