HDFC personal loan offers comfortable repayment tenure ranging from 12 months to 60 months. 

In the current market, HDFC has one of the top personal loan deals. Their interest rates start at 10.5 percent, and qualifying borrowers can receive a personal loan of up to Rs. 40 lakhs without having to put up any security or collateral.

HDFC personal loan is paid back in monthly installments. The repayment period varies between 12 and 60 months. This enables consumers to repay the loan in a manageable manner. 

What are my options for repaying my HDFC personal loan?

Your monthly EMIs for your personal loan can be paid in two ways. You can either set up an auto debit instruction from your bank account or pay it online using your HDFC Bank account.

Is it possible to pre-close my HDFC personal loan early?

Yes, if you've made 12 EMI payments on your HDFC personal loan, you can pre-close it.

Is it possible to make a partial payment on my HDFC personal loan?

After you've made 12 EMI payments, you'll be able to make part payments. On the outstanding principal, a 25% partial payment is permitted. It is only permitted once every financial year and twice over the loan term.

Also Read: What Are The Charges For Pre Closing An HDFC Personal Loan