HDFC Insta Loan is a personal loan or loan against credit card offered by HDFC Bank. If you are facing a cash shortage or if you need urgent money, HDFC Bank Loan on Credit Card is the easiest and quickest way to avail a loan. You can avail of a loan amount within the credit card limit available to you. The interest rate starts from 1.25% per month, depending on the repayment tenure that ranges from 12 to 60 months.
|Loan amount||Depends on the available credit card limit|
|Rate of interest||1.25% per month onwards|
|Tenure||12 to 60 months|
|Lowest EMI per Lakh||Rs. 2,379|
|Processing fee||Up to Rs. 799 + GST|
|Prepayment||Available at a nominal fee|
|TAT for disbursal||Get money online in just 1 second into your HDFC Bank Savings Account. For non HDFC Bank Savings Account holders, money is offered via Demand Draft within 7 working days.|
The key features of HDFC Insta Loan are:
Additional Info: Check HDFC Bank OD Facility.
The EMI for HDFC Insta Loan can be calculated online using our or HDFC Bank’s EMI Calculator by entering a few details, i.e. the Loan Amount, Interest Rate, and Tenure.
Apart from calculating the prospective EMI, the Calculator also shows the complete amortization schedule for the loan repayment.
There is a fix EMI structure for HDFC Insta Loan. Below is the EMI Table for HDFC Insta Loan set by the bank at 1.25% interest rate per month.
|Month||Loan amount of Rs. 50,000||Loan amount of Rs. 1,00,000||Loan amount of Rs. 3,00,000||Loan amount of Rs. 5,00,000|
|60||Rs. 1,189||Rs. 2,379||7,137||Rs. 11,895|
Additional Info: Also Check Loan against Fixed Deposit in detail.
|Name of Lender||Rate of Interest (per annum)||Processing Fee||Maximum Loan Limit|
|HDFC Insta Loan||15% - 23%||Up to Rs. 799 + GST||Depends on the available credit card limit|
|Citibank||9.99% - 16.49%||Up to 2% + GST||Rs. 30 Lakhs|
|SBI||9.60% - 15.65%||1.50% + GST||Rs. 20 Lakhs|
|Tata Capital||10.99% onwards||Up to 2.75% + GST||Rs. 25 lakhs|
|ICICI Bank||10.50% - 19%||Up to 2.25%||Rs. 25 Lakhs|
No documents are required for HDFC Insta Loan as it is a pre-approved loan for select HDFC Bank customers only. The bank already has all the required documents of their existing customers, so they do not need to furnish any additional documents to avail of this loan.
The following are the eligibility criteria to avail the Insta Jumbo Loan:
You can check the eligibility for the Insta Loan by following a few simple steps as mentioned below:
Additional Info: Check HDFC Balance Check Number & enjoy the anytime banking system.
Along with the rate of interest, the HDFC Insta Loan comes with the following fees and charges:
Also Check: HDFC Cibil Score
You can reach HDFC Loan customer care regarding any queries and complaints for the loan through call, email, post, or branch visit.
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.
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Insta Loan is a pre-approved loan provided for select HDFC Credit Cardholders up to the credit limit available at the time of processing the loan account. The credit limit will be blocked to the extent of loan amount and the cash withdrawal facilities will be blocked. Cash withdrawal facility will be restored once the Insta Loan is repaid in full.
The loan can be used for any purpose except for speculation.
Interest at 1.25% per month will be charged on the loan.
The loan can be repaid within 12 months to 48 months.
A processing fee of 799 exclusive of GST for all loan amounts for salaried customers and fee of 899 exclusive of GST for all loan amounts for self-employed customers will be collected.
Processing fee 899 (exclusive of GST) for all amounts is collected for both salaried and self-employed persons belonging to Ludhiana, Noida, Faridabad, and Ghaziabad regions and for customers with an existing Insta Loan or for those who have availed Insta Loan previously.