Personal Loan · Bank review
HDFC Bank Personal Loan
HDFC Bank is India's largest private-sector personal loan lender. It offers pre-approved 10-second disbursals to salary-account customers and standard applications for others. Rates and fees below are published on the HDFC Bank website and are subject to change.
By FinancePaisa Editorial Team · Research & editorialUpdated · 2 min read
Rates on this page were last checked on 15 June 2025 and may be out of date. Lenders revise rates often, especially after RBI policy changes. Confirm the current rate on the lender's official page before you apply.
Official rate pages: HDFC Bank
- Interest rate
- 10.75% – 24% p.a.
- Loan amount
- ₹50,000 to ₹40 lakh
- Tenure
- 12 to 72 months
- Processing fee
- Up to 2.5% (max ₹25,000)
On this page (5 sections)
Key features
- Interest rate from 10.75% p.a. for eligible salaried applicants
- Loan amount up to ₹40 lakh
- Tenure 12 to 72 months (6 years)
- 10-second disbursal for pre-approved HDFC Bank customers
- Part-payment allowed after 12 EMIs; foreclosure allowed after 12 EMIs at 2-4%
Fees and charges
| Charge | Amount |
|---|---|
| Processing fee | Up to 2.5% of loan (max ₹25,000) + GST |
| Foreclosure charges | 2-4% of principal outstanding |
| Part-payment fee | 2-4% of amount pre-paid |
| EMI bounce charges | ₹550 per bounce |
| Late payment interest | 2% per month on overdue amount |
Processing fee
- Amount
- Up to 2.5% of loan (max ₹25,000) + GST
Foreclosure charges
- Amount
- 2-4% of principal outstanding
Part-payment fee
- Amount
- 2-4% of amount pre-paid
EMI bounce charges
- Amount
- ₹550 per bounce
Late payment interest
- Amount
- 2% per month on overdue amount
Eligibility at HDFC Bank
- Age 21 to 60 years for salaried
- Minimum net monthly income ₹25,000 (₹50,000 in top-tier cities for some categories)
- Minimum 2 years of total experience, 1 year with current employer
- Credit score of 720 or higher preferred
How to apply
You can apply on the HDFC Bank website or app. Existing HDFC customers see a pre-approved offer at login and can disburse in seconds. New customers upload PAN, Aadhaar, salary slips and bank statements and receive an in-principle decision within minutes.
Frequently asked questions
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