HDFC Insta Jumbo Loan is a personal loan offered by HDFC Bank Loan against credit card. You can get instant loan over and above your credit card limit at attractive interest rates starting from 15% p.a. for tenure up to 60 months. No documents required to apply for this loan and the amount is disbursed in just 1 second post confirmation for HDFC Bank savings account holders.
|Loan amount||Depends on the available credit card limit|
|Rate of interest||15% - 23% p.a.|
|Tenure||12 - 60 months|
|Lowest EMI per Lakh||Rs. 2,379|
|Processing fee||Up to Rs. 999 + GST|
|Foreclosure||3% of the balance principal + GST|
|Partial prepayment||Not permitted|
|TAT for disbursal||1 second for HDFC Bank savings account holders and up to 7 working days for non-HDFC Bank savings account holders.|
The key features of HDFC jumbo loan are mentioned below:
Note: The new feature of Video KYC facility for personal loan and saving accounts is helping customers to verify their identity digitally.
Note: Also, know about the HDFC Bank Mini Statement Number service.
You can easily calculate HDFC Insta Jumbo Loan EMI online using our EMI Calculator. The uses a few details, i.e. the Loan Amount, Rate of Interest, and Tenure, to calculate the EMI. After filling in these three loan parameters, click the Enter button to get an instant result.
Apart from calculating the EMI, this Calculator also displays the complete amortization schedule for your loan repayment.
Here’s an example:
Loan amount required: Rs. 5 Lakhs
Applicable interest rate: 15% p.a.
Tenure of repayment: 5 years
EMI to be paid each month: Rs. 11,895
Total interest to be paid: Rs. 2,13,698
Total amount to be paid to the bank: Rs. 7,13,698 (interest + principal amount).
Amortization schedule of the above example:
Amount paid by
Interest paid during
Principal paid during
|1||Rs. 5,00,000||Rs. 59,475||Rs. 30,536||Rs. 28,939||Rs. 4,71,061|
|2||Rs. 4,71,061||Rs. 1,42,740||Rs. 65,491||Rs. 77,248||Rs. 3,93,812|
|3||Rs. 3,93,812||Rs. 1,42,740||Rs. 53,073||Rs. 89,666||Rs. 3,04,146|
|4||Rs. 3,04,146||Rs. 1,42,740||Rs. 38,659||Rs. 1,04,081||Rs. 2,00,065|
|5||Rs. 2,00,065||Rs. 1,42,740||Rs. 21,927||Rs. 1,20,812||Rs. 79,253|
|6||Rs. 79,253||Rs. 83,265||Rs. 4,012||Rs. 79,253||Rs. 0|
Additional Reading: Calculate Cibil Score
|HDFC Jumbo Loan EMI Table|
|Tenure (Months)||Rs. 50,000||Rs. 1,00,000||Rs. 2,00,000||Rs. 5,00,000||Rs. 10,00,000|
|12||Rs. 4,513||Rs. 9,026||Rs. 18,052||Rs. 45,129||Rs. 90,258|
|18||Rs. 3,119||Rs. 6,238||Rs. 12,477||Rs. 31,192||Rs. 62,385|
|24||Rs. 2,424||Rs. 4,849||Rs. 9,697||Rs. 24,243||Rs. 48,487|
|30||Rs. 2,009||Rs. 4,018||Rs. 8,036||Rs. 20,089||Rs. 40,179|
|36||Rs. 1,733||Rs. 3,467||Rs. 6,933||Rs. 17,333||Rs. 34,665|
|48||Rs. 1,392||Rs. 2,783||Rs. 5,566||Rs. 13,915||Rs. 27,831|
|60||Rs. 1,189||Rs. 2,379||Rs. 4,758||Rs. 11,895||Rs. 23,790|
Note: know about the HDFC Bank Balance Check Number service.
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.
You can check the eligibility for the Insta Jumbo Loan by following a few simple steps as mentioned below:
Additional Reading: Check Cibil Score before applying for loan.
You can check the Personal Loan Eligibility for the Insta Jumbo Loan by following a few simple steps as mentioned below:
Additional Info: Check HDFC Bank OD Facility.
Along with rate of interest, the HDFC Insta Jumbo Loan comes with the following fees and charges:
Additional info: Check Loan Against Fixed Deposit in detail.
You can also call HDFC Jumbo Loan customer care number to ask if you are eligible for the loan.
You can make the HDFC Jumbo Loan payment online. An Auto Pay will be activated for the Insta Jumbo loan account within 7 days from the date of booking the loan. Your savings account will be debited on the due date mentioned in the monthly jumbo loan statement or within 5 working days from the payment due date. You should maintain sufficient funds in your account before the due date HDFC Jumbo Loan payment for the smooth functioning of the loan account.
Additional Reading: How to Improve Cibil Score?
You can reach HDFC Jumbo Loan customer care for any queries regarding the loan through call, email, post, or branch visit. The link for all these contact details is given below:
Now get Navi personal loan of Rs. 10,000 to Rs. 20 Lakhs at lowest interest rate starting from just 9.9% per annum. Repay in easy instalments of 3 to 72 months. The processing fee ranges from 2.5% to 6% of the sanctioned limit + GST.
HDFC Jumbo Loan is a pre-approved loan provided for select HDFC Credit Card holders over and above the Credit Card limit. The credit limit will not be blocked and you can continue to use your card for other purchases.
The loan can be used for any purpose except for speculation.
HDFC Jumbo Loan interest rate can vary from 15% to 23% per annum.
The loan can be repaid within 12 months to 60 months.
A processing fee of Rs. 999 plus applicable GST will be collected for all loan amounts.
Yes. However, if the loan is pre-closed, a pre-closure charge at 3% of the outstanding balance plus applicable GST will be collected.
You don’t need to submit any documents for HDFC Insta Jumbo Loan as it is a pre-approved loan.
No. You will get the best interest rate via the online process of the bank or via call for Loan on Credit Card. The rates are decided by the bank and cannot be negotiated.
Once you confirm, the money is credited into your HDFC Bank Savings Account in just 1 second via the online loan process of the bank. If you don’t have an HDFC Bank Savings Account, you will get the money within 7 working days via Demand Draft.