HDFC Jumbo Loan

Below are the key details of the HDFC Insta Jumbo loan:

The key features of the HDFC Insta Jumbo loan are mentioned below:

• Loan amount: You can borrow up to ₹1 Lakh, depending on the credit limit of your HDFC Bank Credit Card.
• Repayment tenure: The loan can be repaid conveniently in a flexible tenure ranging from 12 months to 60 months. Select customers can also get shorter tenures of 3, 6, and 9 months. 
• Lowest EMI possible: The lowest EMI possible is ₹3,231 Per Lakh.
• Instant disbursal: The loan is disbursed quickly to your HDFC Bank Savings Account as this loan is pre-approved. 
• Multiple loans: HDFC Bank Savings Account holders can get multiple loans on their credit cards. Non- HDFC Bank Savings Account holders can avail only 2 Insta Jumbo Loans at any point in time.
• Flat processing fee: This loan comes with a flat processing fee, regardless of the loan amount. 
• Pre-closure: The loan can be pre-closed/foreclosed with a nominal fee. 
• EMI Calculator: You can calculate EMIs with HDFC’s Credit Card Loan EMI Calculator.
• Zero paperwork: No physical documents are required to avail this loan.

The HDFC credit card Jumbo loan comes with the following interest rate and charges:

• Interest rate: HDFC Jumbo loan interest rate ranges from 10.08% to 19.44% p.a.
• Processing fee: Up to ₹1,999 + GST. 
• Penalty interest for delayed payment: 2% on the payment amount, minimum ₹300.
• Foreclosure charges: 3% of the outstanding principal balance + GST.
• Late payment fee: ₹0 - ₹1,300, depending on the outstanding loan slab.

The following are the Insta Jumbo Loan HDFC eligibility criteria:

• This loan is available only to select HDFC Bank Credit Card customers. HDFC Bank reserves the right to determine the customer’s eligibility in accordance with its internal policies and guidelines.
• The disbursed Insta Jumbo Loan amount should not be used for repayment of dues against any HDFC Bank credit card and/or repayment of any loan/credit facilities availed from HDFC Bank.
• If you don't have an HDFC Bank Credit Card, you must apply for a new credit card with the bank and then apply for a Jumbo loan HDFC Bank.
• The borrower's Customer ID, Name, and Date of Birth in the bank's credit card system should match the Customer ID, Name, and Date of Birth in the customer’s Savings Account to get an instant loan. Otherwise, the loan will be processed or rejected on the next working day after internal checks.

If you want HDFC Jumbo loan apply online without any paperwork. No documentation is required for HDFC Jumbo Loan as it is a pre-approved loan offer for select HDFC Bank customers. The bank already has documents of their existing customers, so you are not required to furnish any documents to avail of this loan.

• Through NetBanking: Login to your NetBanking account, click on the Credit Cards option under Cards section, and choose “Get a Loan on Card” within Quick Links.
• Through MobileBanking: Login to your MobileBanking, select the Credit Card Summary option under the Cards section, and hit “Apply for loan”.

For any queries regarding your HDFC Jumbo Loan, you can contact customer support by phone, email, or WhatsApp.

• Helpline Number: 1800 1600 / 1800 2600
• WhatsApp Assistance: +91 70700 22222
• Email Support: 
  • support@hdfc.bank.in
  • loansupport@hdfc.bank.in
  • customerservices.cards@hdfc.bank.in