Please Select your Applicant Type
Please Enter Your Current City

Please accept terms of use and privacy policy

HDFC Personal Loan

HDFC Personal Loans up to 40 lakh at interest rates starting from 10.50% p.a are readily available for multiple purposes. With minimum documentation and easy to meet eligibility criteria, it is completely hassle free to apply for HDFC Personal Loan. You can instantly check loan eligibility and get approval for an attractive interest rate on personal loan.

Interest Rates

10.50% - 21%

Loan Amount

Up to 40 Lakhs


1 Year to 5 Years

Loan Processing Fee

Up to 2.50% of the loan amount

Cheque Bounce Charges 

550+ GST

Prepayment Charges

2-4% on principal outstanding + GST


  2,149 Per Lakh

Why HDFC Personal Loan?

  • EMI starting at as low as 2,149 per lakh
  • Loan amount of up to 40 Lakhs
  • Minimal documentation

Pre-approved customers of the bank can get instant approval in 10 seconds, however, other customers can get Personal Loan in just 4 hours.

Features and Benefits of HDFC Personal Loan

HDFC Bank Personal Loan is thoughtfully packed with various attractive features and benefits. Here are some of those:

  • Quick and hassle-free online application process.
  • Check your Personal Loan eligibility online in just 1 minute using Personal Loan Eligibility Calculator.
  • Get funds under 4 hours of loan approval.
  • Special rates for existing customers.
  • Quick loan approval for existing customers - in just 10 seconds.
  • Get Personal Loan Security at a nominal premium and secure your outstanding loan obligation in case of any miss-happening with Sarv Suraksha Pro. Get a Personal Accidental Cover amounting up to 8 Lakhs, and Critical Illness Cover worth up to 1 Lakh. The amount of premium will be deducted from the sanctioned loan amount during disbursal.
  • A host of benefits available for first-time Personal Loan customers.
  • Transfer your existing Personal Loan to HDFC through Personal Loan Balance Transfer facility and save money by reducing your loan EMIs.

HDFC Personal Loan Processing Fee and Charges

Type of Charges Amount to be Paid

Processing Fee

Up to 2.50% of the sanctioned loan amount (Min 1,999 and Max 25,000).

Prepayment Charges (Full/Part)

  • 4% of Principal Outstanding: 13-24 Months
  • 3% of Principal Outstanding: 25-36 Months
  • 2% of Principal Outstanding: After 36 Months
  • No prepayment allowed until repayment of 12 EMIs
  • Up to 25% of principal outstanding is permitted(only once in a financial year & twice during the entire loan tenure).

Late EMI Payment Charges

  • 2% per month on EMI or principal overdue

Charges for ChequeSwapping


Amortization Schedule Charges


Charges for Cheque Bounce

550 for each cheque bounce

HDFC Personal Loan Eligibility

  • Employee of any private limited company or public sector undertaking (central, state or local bodies).
  • Age: 21-60 years
  • Minimum work experience: 2 years, with minimum 1 year at current employer.
  • Minimum income: 15,000 per month. 20,000 for people working in Delhi, Mumbai, Pune, Bengaluru, Hyderabad, Chennai, Kolkata, Ahmedabad or Cochi.

If your income level or credit score is low, you can apply with a co-applicant to increase your eligibility.

More About Eligibility Criteria For Personal Loan

Documents Required for HDFC Personal Loan

Identity proof

(any one)


  • Passport
  • Aadhaar Card
  • Driving License
  • Voter ID Card

Address proof

A copy of any of the following:

  • Passport
  • Aadhaar Card
  • Driving License
  • Voter ID Card

Income proof

  • Last 3 months' Bank Statements/ Passbook of last 6 months
  • 2 Latest Salary Slip/ Salary Certificate of the current date

Other documents

  • Latest Form 16
  • Proof of End use
  • Personal loan application form
  • Recent passport-sized photographs
  • Processing fee cheque
More About Personal Loan Document Required

Why Choose MyMoneyMantra for Applying HDFC Personal Loan?

  • 100+ banks, NBFCs, and other finance partners.
  • A user-friendly online platform for instant loan application. 
  • Experienced loan experts with 35+ years of experience.
  • All information about HDFC Personal Loan available on single screen
  • Easy comparison and instant decision.
  • Free doorstep documents pick-up service.
  • Assistance with loan approval and disbursement process.
  • Online Personal Loan EMI Calculator available for instant EMI calculation.

How to Apply for HDFC Personal Loan with MyMoneyMantra?

Applying for the HDFC Personal Loan on MyMoneyMantra is a simple and instant process. You just need to follow the following steps to avail the loan:

  • Click on the Personal Loan tab under the Loans category on MyMoneyMantra's official website.
  • Enter the required details such as - Your name, required loan amount, preferred loan tenure, the city of your residence, employment type, income, and other basic information.
  • Accept the terms and conditions.
  • Enter the OTP received on your mobile number.
  • Choose HDFC as your loan partner.
  • You will get a call from our loan specialists soon.

Keep your documents ready for verification. Our specialist will visit you to collect the required documents and will assist you with the further process till disbursal of the loan amount.

HDFC Personal Loan Application Status

You can check the status of your HDFC Bank Personal Loan through any of the following methods: 

  • With your HDFC Bank Account Number
  • With your mobile number registered with the bank
  • With your reference number or proposal number
  • Through the HDFC mobile application
  • Via offline mode 

HDFC Personal Loan Customer Care

You can connect with HDFC through following ways:

Toll-free Number

1800 258 3838 (open from 8 a.m to 8 p.m on all days)

Mailing Address

HDFC Bank Ltd., New Bldg, "A" Wing 2nd floor,

26-A Narayan Properties, Chandivali Farm Road,

Off Saki Vihar Road, Chandivali,

Andheri (East), Mumbai- 400 072

FAQs on HDFC Personal Loan

✅ What happens to the post dated cheques if I change the repayment mode/account for my Personal Loan?

Post Dated Cheques or Security Cheques submitted for loan repayment but have not been encashed, will be retained by the HDFC Bank. If you wish to get your old Post Dated Cheques or Security Cheques back, you can request for the same at HDFC's Retail Loan Service Center/via Phone Banking/ through email within 45 days from the date of requesting a change in repayment mode.

✅ What are the modes of repayment of HDFC Personal Loan?

You can pay the loan in EMIs through:

  • Post-dated cheques
  • ECS/ standing instruction to debit EMI amount from your HDFC Bank account.

✅ Can I calculate my EMI before Personal Loan sanction?

Yes,you can use MyMoneyMantra or HDFC's online EMI Calculator to calculate how much EMI amount you need to pay.

✅ Is part-prepayment allowed for HDFC Personal Loan?

Yes, if you have booked the loan on or after April 1, 2018, it is possible to prepay your Personal Loan after completion of 12 EMIs from the disbursement of the loan. However, part-payment is permitted only twice during loan tenure and once in a financial year. Also, each part-payment should not exceed 25% of the outstanding principal amount.

✅ Do I need to pay any additional charges for HDFC Personal Loan repayment?

The additional charges are only applicable if:

  • There is any default
  • In case of SWAP or change in the repayment mode

✅ Does HDFC offer a pre-approved Personal Loan facility?

Yes, HDFC offers pre-approved Personal Loan to its existing customers. They are eligible to get an instant Personal Loan within 10 seconds of application.

✅ What is the turnaround time for new HDFC Personal Loan customers?

New customers can get a Personal Loan from HDFC in just 4 hours after successful application and approval.

✅ What is the maximum Personal Loan amount offered by HDFC?

You can avail up to 40 Lakhs as Personal Loan from HDFC, depending on your income, CIBIL Score, and other eligibility factors.

✅ Does HDFC provide Personal Loan insurance?

Yes, with SarvSuraksha Pro, you can secure your Personal Loan repayment. The facility has the following key benefits:

  • It provides credit protection to cover equal to your outstanding loan amount.
  • It offers accidental hospitalisation cover of maximum 8 Lakhs.
  • The facility provides accidental death or permanent disablement cover of maximum 1 Lakh.

OTP is sent to your mobile number

Enter OTP

OTP can't be left blank

Please enter valid OTP!

Resend OTP