HDFC Personal Loan

In the personal loan market, HDFC provides a broad range of services. For any financial service, it is the bank most favoured by all kinds of individuals. The personal loans provided by HDFC can be fulfilled for any immediate financial requirements such as wedding, medical treatments, house repair, pleasure holiday, etc.


  • Low interest rate
  • No security needed
  • Less paperwork
  • Long tenure
  • Minimum income requirement


When applying for personal loans with HDFC, relevant documents to be submitted:

  • Completed application for loan.
  • Three Passport size photographs.
  • Proof of identify (photo copies of Voters ID card/ Passport/ Driving licence/ IT PAN card).
  • Proof of residence (photo copies of recent Telephone Bills/ Electricity Bill).
  • Statement of Bank Account/ Pass Book for last six months.
  • Form 16/IT returns for the last two financial years for salaried employees.
  • IT returns for the three years for self-employed professionals.


Tailored HDFC personal loans are the perfect way to meet your short-term needs, catering to the needs of different parts of citizens. Based on your criteria, you can choose the best personal loan.


Eligibility Criteria Salaried/Self-Employed
Age Above 21 years
Loan Tenure Up to 60 months
Loan Amount Up to 15 Lakhs
Interest Rate 15.75% to 20%


Motive: The purpose of the HDFC personal loan is to provide financial assistance to meet requirements such as self-or family member medical care, wedding and travel expenses, schooling and house repair.

No Collateral Required: Because personal loans are unsecured loans, in order to receive HDFC personal loans, you do not have to pledge any collateral. Suitable third-party assurances, however, are appropriate.

Loan Amount: You can get loan up to INR 15, 00,000.

Tenure of Loans: Up to 5 years.

Prepayment Charges: After completing 12 EMIs, you will make the prepayment. Charges for prepayment are applicable.

Convenient Borrowing: You can apply to nearby HDFC branches online or visit them.


To avail the personal loans from HDFC, you need to have the following eligibility criteria.

  • You should be 21 years old or above.
  • Steady income.
  • Salary slip of last 3 months.
  • Proper Address Proof and Identity proof.


Your personal loan from HDFC can be repaid in three ways:

Standing Instruction (SI): If you are a current account holder with HDFC, the best repayment mode is Standing Instruction. At the end of the monthly period, your EMI balance will be debited automatically from the HDFC account you specify.

Electronic Clearing Service (ECS): If you have a non-HDFC account and would like your EMIs to be debited automatically from that account at the end of the monthly period, this mode can be used.

Post-Dated Cheques (PDCs): You can opt for either the SI or ECS payment form to be quicker and less prone to error than using PDCs.

From a non-HDFC account at your nearest HDFC Loan Centre, you can send post-dated EMI cheques. From a non-HDFC account at your nearest HDFC Loan Centre, you can send post-dated EMI cheques. Please notice that post-dated cheques are obtained only at non-ECS locations.