Personal loans from HDFC Bank have flexible repayment terms. No security or collateral is required. You can use the personal loan for any purpose, such as holidays, medical contingencies, children’s education, or the refurbishment of your home.
What Are the Steps to Get An HDFC Bank Personal Loan?
Determine your requirement: Find out the reasons for taking a personal loan and decide your loan amount.
Check the eligibility for your loan: Once you know how much you need, you should check whether you are eligible.
Calculate the monthly installments: Use an online EMI tool to compute the approximate loan EMIs every month.
Approach the bank: You can apply for an HDFC Bank personal loan through net banking, by visiting a branch, at the ATM, or online on the HDFC bank website.
Handover your documents: Know what documents you need to apply for a personal loan. You will require documents such as income proof (bank statements, salary slips, or IT returns), address proof, and ID proof. Submit copies of your personal loan documents at the bank. Wait for funds to be transferred to your account.
HDFC Bank disburses funds for pre-approved loans in 10 seconds for customers and in 4 hours to non-HDFC bank consumers.
Also Read : HDFC Bank Personal Loan EMI Calculator & Check Eligibility