HDB Financial Services India - Personal loans
Overview:
HDB Financial Services is a leading non-banking financial company in India that offers a range of financial products and services, including personal loans. Personal loans from HDB Financial Services are designed to help individuals meet their financial needs and goals.
Features of HDB Financial Services Personal Loans:
- Competitive interest rates
- Flexible repayment options
- No collateral required
- Quick and easy online application process
- Loan amounts up to Rs. 20 lakhs
Eligibility Criteria:
To be eligible for a personal loan from HDB Financial Services, individuals must meet the following criteria:
- Age between 21 and 60 years
- Indian citizen or resident
- Salaried individual with a minimum monthly income requirement
Documents Required:
- Proof of identity (Aadhar card, Passport, Driving license, etc.)
- Proof of address (Utility bills, Rent agreement, etc.)
- Income proof (Salary slips, bank statements, etc.)
- Recent passport-sized photographs
How to Apply:
Individuals can apply for a personal loan from HDB Financial Services by visiting their official website and filling out the online application form. Alternatively, applicants can also visit a branch office of HDB Financial Services to apply in person.
Interest Rates:
The interest rates for personal loans from HDB Financial Services vary based on various factors such as the loan amount, tenure, and the applicant's credit profile.
Repayment Options:
HDB Financial Services offers flexible repayment options for personal loans, including EMI (Equated Monthly Installments) and ECS (Electronic Clearing Service) payments. Customers can choose a repayment plan that suits their financial situation.
Customer Support:
For any queries or assistance regarding personal loans from HDB Financial Services, customers can contact their customer support team through their toll-free number or email support.
HDB Financial Services - Personal Loans - Frequently Asked Questions
1. What are the eligibility criteria for availing a personal loan from HDB Financial Services?
The eligibility criteria include age, income, employment status, credit score, and any existing loans or liabilities.
2. How much loan amount can I avail through HDB Financial Services?
The loan amount can vary based on your eligibility criteria but typically ranges from Rs. 50,000 to Rs. 20 lakhs.
3. What is the interest rate charged on personal loans by HDB Financial Services?
The interest rate can vary depending on various factors such as the loan amount, tenure, credit score, and income. It usually ranges from 11% to 24%.
4. What are the documents required for applying for a personal loan from HDB Financial Services?
The documents required include identity proof, address proof, income proof, bank statements, and passport-size photographs.
5. Can I prepay my personal loan from HDB Financial Services?
Yes, you can prepay your personal loan but it may be subject to prepayment charges as per the terms and conditions of the loan agreement.
