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FAQs |
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If you have any queries that are not answered here, please call us or
write to us.
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What are the benefits of having a Salary Account for my Express loan?
You get preferred interest rates, priority processing and simpler documentation if you have a Salary Account with HDFC Bank. This is taken into account at the time of disbursal of the loan. You can pay through Standing Instructions to debit your HDFC Bank account with the EMI amount.
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How much loan can I avail of?
You can avail of a loan upto Rs. 100,000/- depending on your income and repayment
capacity. You can club validated income of your parents / spouse / children
if you wish to increase your loan amount.
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How do I repay my Express loan?
You pay the loan in equated monthly installments. The loan will be paid through post-dated cheques or through Standing Instructions to debit your HDFC Bank account with the EMI amount. We also provide facility for repayments through ECS is select cities.
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What security do I need to provide to obtain this loan?
To obtain the loan, there is absolutely no need to provide any security or collateral.
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What are the loan tenure options?
You can repay your loan over a period of 12 to 36 months.
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How long will it take for me to get my loan?
Once you submit your application form and supporting documents, we shall give approval within 72 hours provided everything is in order. All loan approvals are at the sole discretion of the bank.
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Can I repay the loan earlier?
You can choose to repay your loan anytime after 6 months of availing the loan at a maximum pre-payment penalty of 4% of the principal outstanding on your loan.
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How do I get an Express loan?
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| Applying for an Express Loan is very simple |
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Just fill the Online Application Form and our representative will get in touch with you shortly.
Other Ways to apply :
*Conditions Apply
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