You can apply for HDFC Personal Loan for various purposes, including travel, consumer durables purchase, home renovation, medical emergencies and so on. The loan amount offered can be up to Rs. 40 Lakhs at interest rate starting from 10.25% p.a. The borrowed loan amount can be repaid in EMIs for tenure of up to 5 years. HDFC loan payment is easy and can be made online through various modes, such as net banking, HDFC mobile app, Paytm, and so on. Customers can also make HDFC loan repayment offline through post-dated cheques (PDCs), drafts, and ECS mandate.
You can apply for HDFC personal loan for various purposes, including travel, consumer durables purchase, home renovation, medical emergencies and so on. The loan amount offered can be up to Rs. 40 Lakhs at interest rate starting from 10.50% p.a. The borrowed loan amount can be repaid in EMIs for tenure of up to 5 years. HDFC loan payment is easy and can be made online through various modes, such as net banking, HDFC mobile app, Paytm, and so on. Customers can also make HDFC loan repayment offline through post-dated cheques (PDCs), drafts, and ECS mandate.
HDFC personal loan repayment can be made before the end of tenure in part or full. Following are the conditions and charges applicable on the HDFC Personal Loan Preclosure:
You can easily make HDFC loan payment online through any of the following ways:
Through NEFT or RTGS using a bank account other than the HDFC account.
Note: Check HDFC Personal Loan Interest Rate for Salary Account holders.
If you are wondering how to pay HDFC loan EMI offline, you can choose any of the following modes:
Additional Info: The HDFC Bank Balance Check Number for better banking services.
Pre-closure charges for HDFC personal loan part and full prepayment are as follows:
Customers will have to pay HDFC personal loan EMI late payment charges of 2% per month on overdue EMI or Principal. The bank also charges cheque bounce charges of Rs. 550 per instance of cheque bounce. It is recommended not to miss or delay the EMI payment for your personal loan to avoid late payment or cheque bounce charges.
Also Check: HDFC Personal Loan CIBIL Score
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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No. HDFC personal loan cannot be closed online.You will have to visit the nearest branch of HDFC Bank for prepayment or pre-closure of your personal loan account.
If you are wondering how to pay HDFC personal loan EMI through the internet banking, here is the process.
Yes. You can make partial prepayment for HDFC personal loan after the repayment of 12 EMIs. Part prepayment is allowed up to 25% of the principal outstanding only once in a financial year and twice during the entire loan tenure. The part prepayment charges of 2% to 4% will be levied depending on the tenure.
Yes. The pre-closure of your personal loan reduces your debt burden and therefore it is good for your financial health. There is no negative impact on your credit score by foreclosure or partial pre-closure of the personal loan.
Also Check: HDFC CIBIL Score