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HDFC BankPersonal LoansFixed Interest Rate

HDFC Bank Personal Loan

Instant 10-second disbursement for pre-approved salary account customers · No collateral or security required · Borrow up to ₹40 Lakhs with tenure up to 5 years

Starting rate10.50%per year se
Max LTV100%Asset value
Max tenure5 saal60 mahine
Is example ko apni borrowing needs ke hisaab se customize karein.
Repayment customize kareinApply karein: HDFC BankBank site · naye tab mein khulega
Mathematical Grounding

True cost aur Day-1 cash breakdown

Representative scenario for ₹5,00,000 loan over 5 years at CIBIL 750+.

Day-1 Upfront Cash Outflow₹7,670

This cash must be paid out-of-pocket before disbursement and is not added to your loan EMI.

Processing Fee₹6,500
18% GST₹1,170
Legal & Valuation₹0
Estimated Monthly EMI₹10,747Per month for 60 installments
Total Lifetime Interest₹1,44,820Net interest outgo over 5 years
Total Lifetime Outgo (Principal + Interest + Day-1 Cash):₹6,52,490
CredSutra Intelligence

Loan verdict aur maths

Our algorithmic evaluation balances starting benchmark spreads against upfront processing loads and fine print restrictions.

Maths favour mein

  • +HDFC Bank ka trusted institutional network aur flexible repayment terms.
  • +0% Prepayment penalty (RBI mandate): Part-prepay ya foreclose anytime with zero financial penalty.

Maths against

  • −Processing fee 1.5% (cap ₹6,500) + 18% GST upfront Day-1 cash commitment badhata hai.
  • −Self-employed borrowers par +75 BPS (0.75%) extra risk markup lagta hai.
  • −Low CIBIL score (<700) par interest rate escalate hokar 16.00% tak ja sakta hai.
Is scenario ko customize karein
Credit Score Sensitivity

CIBIL score ke hisaab se rate ladder

Self-employed risk loading: +75 BPS
CIBIL score bandBorrower tierIndicative salaried rateIndicative self-employed rateEstimated monthly EMI (₹5,00,000)
750 – 900Prime borrower10.50% – 12.50%11.25% – 13.25%₹10,747
700 – 749Good standing12.50% – 14.50%13.25% – 15.25%₹11,249
650 – 699Standard / fair14.50% – 16.00%15.25% – 16.75%₹11,764
Contract Details

Contract ki terms & Clauses

Rate Reset Frequency

Fixed rate contract for entire loan tenure

Overdraft / Smart Saver Facility

Not available on this product tier

RBI 0% Foreclosure Penalty Mandate

Under RBI Master Directions, no bank, HFC, or NBFC can charge prepayment penalties or foreclosure charges on floating rate term loans sanctioned to individual borrowers.

Bank notes: Foreclosure allowed after 12 EMIs with 4% fee on remaining balance; nil for floating if applicable.

Borrower Verification

Main eligibility conditions

  • Salaried employees of select corporates and government entities
  • Monthly net income ₹25,000+
  • Age 21-60 years
Loan amount range

₹50,000 se ₹40,00,000

Lender Alternatives

Is category mein options: Personal Loans

Is category ko compare karein
Axis Bank

Axis Bank Personal Loan

Starting at 10.49% p.a.
Review padhein
ICICI Bank

ICICI Bank Personal Loan

Starting at 10.75% p.a.
Review padhein
Tata Capital

Tata Capital Personal Loan

Starting at 10.99% p.a.
Review padhein

Frequently Asked Questions

HDFC Bank Personal Loan ka current interest rate aur benchmark spread kya hai?
HDFC Bank Personal Loan ki interest rate 10.50% se 16.00% p.a. ke beech hai, jo Fixed Interest Rate par pegged hai.
Kya HDFC Bank Personal Loan par foreclosure ya prepayment penalty lagti hai?
RBI Master Directions ke hisaab se individual floating rate borrowers par 0% foreclosure penalty hoti hai. (Bank note: Foreclosure allowed after 12 EMIs with 4% fee on remaining balance; nil for floating if applicable.)
HDFC Bank Personal Loan ke liye Day-1 upfront cash kitna lagta hai?
Representative ₹5,00,000 loan par estimated Day-1 upfront cash ₹7,670 hai (Processing fee: ₹6,500 + GST: ₹1,170 + Legal/Valuation: ₹0).

In loan records mein verification date nahi hai. Apply karne se pehle lender ki current terms check karein.

Official sources & citations
Sources
  • hdfcbank.com
  • RBI Master Directions on Advances & Floating Rate Loans (Commercial Banks)
  • RBI Regulatory Framework for Retail Loan Interest Rate Resets