Enclosed below are HDFC Bank Business Loan Interest Rates & Charges

Senior Citizen Customers are eligible for discount of 10% on all service charges



Rack Interest Rate Range

Minimum 10.75% and maximum 22.50%

Loan Processing Charges

Up to 2.00%* of the loan amount

NIL Processing Fees for loan facility up to ₹5 Lakhs availed by micro and small Enterprises subject to URC submission prior to disbursal

Premature Closure Charges (For Full Payment)

Premature closure Charges (applicable on principal outstanding) post Cooling Period off / look-up Period.

  • Up-to 24 EMI repayment - 4% of principal outstanding,
  • Post 24 EMI and up to 36 EMI repayment - 3% of principal outstanding,
  • Post 36 EMI repayment - 2% of principal outstanding.

Premature Closure Charges (For Part payment)

Partial Premature closure charges (applicable on part payment amount) :-

  • Partial premature payment is allowed post payment of first EMI.
  • Post 01 EMI and up to 24 EMI repayment - 4% of part payment amount.
  • Post 24 EMI and up to 36 EMI repayment - 3% of part payment amount.
  • Post 36 EMI repayment- 2% of part payment amount.

Partial premature payment is allowed up to 25% of Principal Outstanding, only once in the
financial year and twice during the loan tenure.

​​​​​​​NIL Premature Closure Charges for Fixed rate loan facility up to ₹ 50 Lakh availed by Micro & Small Enterprises, Closure from Own Source, and submission of Udyam Registration Certificate prior to disbursal.

Loan Closure Letter


Duplicate Loan Closure Letter


Solvency Certificate

Not applicable

Delayed instalment payment charge18% p.a plus applicable government taxes on overdue instalment amount

Charges for changing from fixed to floating rate (An interest rate that is allowed to move up and down with the rest of the market or along with an index.) of interest

Not applicable
Charges for changing from floating to fixed rate (An interest rate that will remain at a predetermined rate for the entire term of the loan.) of interestNot applicable

Stamp Duty and other statutory charges

As per applicable laws of the state
Credit assessment chargesNot applicable
Non standard repayment chargesNot applicable

Repayment mode change charges


Amortization Schedule Charges
Repayment Schedule Charges 

Payment Return Charges 

Rs. 50/- per schedule for physical copy. Customer can also download from website free of cost.

₹ 450 Per Instance
Legal/Incidental ChargesAt actuals

Loan cancellation Charges & Rebooking Charges

Loan cancellation Charges:

Loan cancellation is allowed within cooling off/look-up period from the loan disbursement date. In the event of loan cancellation, interest charged from date of disbursement till the date of loan cancellation will be borne by the customer. Processing Fee, Stamp duty, other statutory charges and GST are non-refundable charges and would not be waived/refunded in case of loan cancellation.

Rebooking Charges :-  ₹ 1000/- + applicable government taxes