|
|
 |
Borrow up to Rs 15,00,000 for any purpose, depending on your requirements. |
|
|
|
Repay with easy EMIs. |
|
|
|
Avail Attractive Interest Rates |
|
|
|
Hassle-free Loans - No Guarantor / Security / Collateral required |
|
|
|
Speedy Loan Approval. |
|
|
|
Flexible repayment options, ranging from 12 to 48 months. |
|
|
|
Convenience of service at your doorstep. |
|
|
|
Credit Shield. |
|
|
|
Personal Accident Cover. |
|
|
|
Salaried Individuals include Salaried Doctors, CAs, employees of select Public and Private limited companies, Government Sector employees including public sector undertakings and central, state and local bodies:
Eligibility Criteria
- Minimum age of Applicant: 21 years
- Maximum age of Applicant at loan maturity: 60 years
- Minimum employment: Minimum 2 years in employment and minimum 1 year in the current organization
- Minimum Net Monthly Income: Rs. 10,000 per month (Rs. 15,000 in Mumbai, Delhi, Bangalore, Chennai and Hyderabad & Rs. 12,000 in Calcutta, Ahmedabad and Cochin)
Documents required:
- Proof of Identity (Passport Copy/ Voters ID card/ Driving Licence)
- Address Proof (Ration card Tel/Elect. Bill/ Rental agr. / Passport copy/Trade licence /Est./Sales Tax certificate)
- Bank Statements (latest 3 months bank statement / 6 months bank passbook)
- Latest salary slip or current dated salary certificate with latest Form 16
|
| |
|
|
Self employed (Professionals) include self - employed Doctors, Chartered Accountants, Engineers, MBA Consultants, Architects, Company Secretaries.
Eligibility Criteria
- Minimum age of Applicant: 25 years
- Maximum age of Applicant at loan maturity: 65 years
- Years in business: 4 to 7 years depending on profession
- Minimum Annual Income:
Rs. 100000 p.a.
Documents required:
- Proof of Identity (Passport Copy/ Voters ID card/ Driving Licence).
- Address Proof (Ration card Tel/elect. Bill/ Rental agr. / Passport copy/Trade licence /Est./Sales Tax certificate).
- Bank Statements(latest 6 months bank statement /passbook)
- Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA
- Qualification proof of the highest professional degree
|
| |
|
|
Self Employed (Individuals) include self-employed - Sole proprietors, Partners & Directors in the Business of Manufacturing, Trading or Services.
Eligibility Criteria
- Minimum age of Applicant: 21 years
- Maximum age of Applicant at loan maturity: 65 years
- Years in business: 5 yrs continuous business experience
- Minimum Annual Income: Rs. 1,00,000 p.a.
- Available in select cities
Documents required:
- Proof of Identity (Passport Copy/ Voters ID card/ Driving Licence)
- Address Proof (Ration card Tel/elect. Bill/ Rental agr. / Passport copy/Trade licence /Est./Sales Tax certificate)
- Bank Statements(latest 6 months bank statement /passbook)
- Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA
- Proof of continuation (Trade licence /Establishment /Sales Tax certificate)
- Other Mandatory Documents(Sole Prop. Decl. Or Cert. Copy of Partnership Deed,Cert. Copy of MOA, AOA & Board resolution.)
|
| |
|
|
Self Employed (Pvt Cos and Partnership Firms) include Private Companies and Partnership firms in the Business of Manufacturing, Trading or Services
Eligibility Criteria
- Years in business: Minimum of 3 years in current business and 5 years total business experience
- Business must be profit making for the last 2 years
- Minimum Annual Income: Rs 100000 p.a.
- Available in select cities
Documents required:
- Address Proof (Ration card Tel/elect. Bill/ Rental agr. / Passport copy/Trade licence /Est./Sales Tax certificate)
- Bank Statements(latest 6 months bank statement /passbook)
- Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA
- Proof of continuation (Trade licence /Establishment /Sales Tax certificate)
- Other Mandatory Documents (Sole Prop. Decl. Or Cert. Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (certified by Director) & Board resolution (Original).)
|
| |
|
|
| Credit Shield |
| In case of Death or Total Permanent Disability of the loanee, the loanee/nominee can avail of the Payment Protection Insurance (Credit Shield) which insures the Principle Outstanding on the Loan up to a maximum of the loan amount.
Principle Outstanding is defined as the amount of loan outstanding (not including any arrears in payment or interest thereon) at the Date of Loss, having accounted for payments made and interest accruing as determined in the Policy.
Hence, the amount covered does not include any Principal added because of non - payment of EMI and also will not include interest/ accrued charges.* |
|
| |
|
|
| Personal Accident Cover |
| In order to ensure that your family is taken care of, we also offer a Personal Accident cover of Rs.2,00,000 at a nominal premium.*
* Premium will be charged for both these products which will be deducted from the loan amount at the time of disbursal. A transaction fee of Rs.350 will also be deducted at the time of disbursal. Please note that service tax @ 12.36% will also be charged. |
|
| |
|
|
| If you are an HDFC Bank account holder, we have special rates for you. |
| If you are an existing Auto Loan customer with a clear repayment of 12 months or more from any of our approved financiers or us, you can get a hassle free Personal Loan (without income documentation).
If you are an existing HDFC Bank Personal Loan customer with a clear repayment of 12 months or more, we can Top-Up your personal loan. |
|
| |
|
|
| What are the Benefits of having a Salary Account for my Personal 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. |
|
| |
|
|
| How much Loan can I avail of? |
You
can avail of a loan from Rs 50,000/-
to Rs 15,00,000/- depending on
your Income and Repayment Capacity.
You can club the income of your
spouse if you wish to increase your
loan amount.
Loan amount is Rs 50,000/- to 15,00,000/-* |
|
| |
|
|
| How do I repay my Personal Loan? |
| You pay the Loan in equated monthly installments. The Loan will be paid through post-dated Cheque or through Standing Instructions to debit your HDFC Bank account with the EMI amount. Calculate how much you will repay each month. |
|
| |
|
|
| 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. |
|
| |
|
|
| What are the Loan tenure options? |
| You can repay your Loan over a period of 12 to 48 months. |
|
| |
|
|
| 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. |
|
| |
|
|
| Can I repay the Loan earlier? |
| You can choose to repay your loan anytime after 12 months of availing the loan at a maximum pre-payment penalty of 4% of the principal outstanding on your loan. |
|
| |
|
|
|
