HDFC Ltd. India - Personal Loans
Overview
HDFC Ltd. is one of India's leading housing finance companies. They offer a range of financial products, including personal loans to help individuals meet their financial needs.
Features of HDFC Ltd. Personal Loans
- Loan Amount: HDFC Ltd. offers personal loans ranging from Rs. 50,000 to Rs. 40 lakhs.
- Tenure: You can avail of a personal loan for a duration of 12 to 60 months.
- Interest Rates: Interest rates on HDFC Ltd. personal loans start from 10.75% onwards.
- Quick Approval: HDFC Ltd. ensures quick and hassle-free approval of personal loan applications.
- Flexible Repayment Options: You can choose from various repayment options to suit your financial situation.
Eligibility Criteria
To avail of an HDFC Ltd. personal loan, you need to meet the following eligibility criteria:
- You must be a salaried individual aged between 21 to 60 years.
- Your minimum monthly income should be Rs. 20,000 or more.
- You should have a good credit score with no default history.
Documents Required
When applying for an HDFC Ltd. personal loan, you will need to submit the following documents:
- Identity Proof (Aadhar Card, Passport, Driving License, Voter ID)
- Address Proof (Utility Bills, Rental Agreement, Aadhar Card)
- Income Proof (Salary Slips, Bank Statements, Form 16)
How to Apply
You can apply for an HDFC Ltd. personal loan online through their official website or by visiting your nearest HDFC Ltd. branch.
Customer Service
If you have any queries or need assistance regarding HDFC Ltd. personal loans, you can contact their customer service team at 1800 258 3838.
Frequently Asked Questions about HDFC Ltd. Personal Loans
1. What are the eligibility criteria for a personal loan from HDFC Ltd.?
The eligibility criteria for a personal loan from HDFC Ltd. include a minimum age of 21 years and a maximum age of 60 years, a stable source of income, and a good credit score.
2. How much can I borrow through a personal loan from HDFC Ltd.?
The amount you can borrow through a personal loan from HDFC Ltd. depends on your income, credit score, and repayment capacity. The maximum loan amount is typically Rs. 40 lakhs.
3. What is the interest rate on personal loans from HDFC Ltd.?
The interest rates on personal loans from HDFC Ltd. vary based on factors such as the loan amount, tenure, and credit profile of the borrower. The interest rates are competitive and start from as low as 10.75%.
4. Can I prepay my personal loan from HDFC Ltd.?
Yes, you can prepay your personal loan from HDFC Ltd. However, prepayment charges may apply depending on the terms and conditions of your loan agreement.
5. How long does it take for HDFC Ltd. to disburse a personal loan?
HDFC Ltd. typically disburses personal loans within 2-7 working days after receiving all the necessary documents and completing the verification process.
