Apply now for instant HDFC Personal Loan and get loan up to Rs. 40 Lakhs at interest rate starting as low as 10.50% and up to 2.50% processing fee. Repay in flexible tenure of 5 years.
Following are the important HDFC Bank Personal Loan Eligibility Criteria for Salaried as well as Self-employed:
Additional Info: Check How to Open HDFC PPF Account.
Following are the features of HDFC Personal Loan:
Note: Check HDFC Personal Loan Interest Rate for Salary Account holders.
Age is one of the basic HDFC Bank Personal Loan eligibility criteria that need to be fulfilled in order to apply for the loan. The minimum age criteria are of 21 years for the Personal Loan and the maximum age limit is up to 60 years. The maximum loan tenure at HDFC bank is of 60 months.
Note: know about the HDFC Bank Mini Statement Number service.
Additional Info: Check HDFC Balance Check Number & enjoy the anytime banking system.
HDFC Bank looks at your past credit behaviour and your track record with past lenders before approving a new Personal Loan. All your credit history, behaviour and track record are captured in your CIBIL score. CIBIL stands for Credit Information Bureau (India) Limited.
CIBIL score captures all your past running loans, your payment track record on your loans and Credit Cards. CIBIL score is a primary determinant to define your
HDFC Personal loan Eligibility. A higher CIBIL score (700 or above) means that you have been prudent with previous loans and thereby a higher CIBIL score increases your chances of getting a Personal Loan.
Some factors which affect your credit score are:
Additional Info: Know about HDFC Overdraft Facility.
Additional Info: Also Check Personal Loan for Women & their Interest Rates.
MyMoneyMantra provides an online, fast, easy to use and automated HDFC Loan Eligibility Calculator. You have to fill in your personal details that enable the website to refer to your credit score, check credit history online and instantly show your eligibility for a loan. The personal details that you need to fill are your age, take home salary, the sum of existing EMIs, combined Credit Card outstanding, and so on. On clicking the "Check for eligibility", the website shall instantly provide you the amount of Personal Loan that you can avail. This tool is convenient and quick to help you check HDFC Personal Loan eligibility.
|Personal Loan Eligibility by Banks|
Now get IDFC First Bank personal loan of Rs. 1 Lakh to Rs. 1 Crore at lowest interest rate starting from just 10.49% per annum and the processing fee is 3.5% of the sanctioned limit + GST.
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The minimum income for the salaried employee who wishes to apply for a Personal Loan from HDFC Bank should be Rs. 25,000 per month (Rs. 50,000 for Non-HDFC Salary Accountholders).
The applicant must have a work experience of at least 12 months to avail an HDFC Bank Personal Loan.
An applicant can get a maximum of Rs. 40 Lakhs Personal Loan from HDFC Bank provided the applicant is eligible and capable of repaying the amount.
Yes, CIBIL Score plays an important role in the assessment of a Personal Loan application at HDFC Bank. A good score indicates good repayment record. The bank prefers a minimum CIBIL score of 700 and above for considering a Personal Loan.