HDFC or
Housing Finance Development Corporation is one of the leading personal loan companies of India. HDFC personal loan is one of the most sought after personal loans in the Indian personal loan market.
HDFC personal loans are configured in such a manner so that they can satisfy a number of needs of the borrowers, be it expenses for vacation, payment of college tuition, or marriage of daughter. HDFC personal loans offer a variety of benefits to its customers.
The benefits offered by the HDFC personal loan include the following:
Flexible options for repayment ranging from 12 to 48 months (1-4 years)
Repayment with easy EMIs
One of the cheapest interest rates
Processing of loans without any hassle - no requirement for a guarantor or collateral or security
Quick loan approval
Convenience of service at the borrower's doorstep
Customer privileges including special interest rates, issue of personal loan without income documentation to existing car loan borrowers, top up facilities for existing HDFC personal loan borrowers
The customers are able to borrow up to Rs. 10 Lakhs for any purpose according to their necessities
Credit shield
Personal accident cover
The following entities are eligible to receive a personal loan from HDFC Bank (subject to the terms and conditions of the bank):
Self employed (Pvt Companies and Partnership Firms)
Salaried individuals
Self employed (Professionals)
Self employed (Individuals)
HDFC Bank also offers the balance transfer option to the personal loan borrowers. In this process, if a borrower has taken a personal loan from any other bank and he has a clear record of repayment, the loan can be transferred to HDFC Bank and the borrower can have a significant amount of savings.
The advantages offered by this process include the following:
Minimal processing fees
No requirement of income documentation
Quick processing
The facility of repayment with the help of standing instruction
The application procedure for an HDFC Personal Loan is easy and the approval is fast.
Contact Details:
HDFC Bank House
Senapati Bapat Marg
Lower Parel
Mumbai, India - 400 013
Tel: 022 - 2856 1818 / 6618 1818
