HDFC Personal Loan

Below-mentioned are the key features of HDFC personal loan:

• Interest rates starting from 9.99% p.a. onwards.
• Loan amount up to Rs. 50 lakh.
• Pre-approved personal loans to select existing customers.
• Instant loan disbursal in just 10 seconds.
• Transfer of existing personal loan from other lenders to HDFC Bank at lower interest rates.
• End-to-end digital processing.
• Minimal documentation required.

• Paperless Personal Loan: The applicants can get instant funds through Xpress Personal Loan with a 100% digital process.
• Pre-Approved Offer: The bank provides pre-approved personal loan offers to its eligible customers.
• Minimum Paperwork: The loan application process requires less paperwork, especially for existing HDFC Bank customers.
• Quick Disbursal: HDFC claims to disburse personal loans within 10 seconds to its select customers.
• Balance Transfer Facility: Borrowers can transfer their personal loan to HDFC Bank at lower interest rates and better terms.

As of May 2026, HDFC personal loan interest rates start from 9.99% p.a. The lender offers differential interest rates after factoring in the credit score, monthly income, job profile, employer’s profile, etc., of the loan applicant.

Latest HDFC Interest Rate for Salaried and Self-employed

HDFC Bank has not disclosed the personal loan interest rates for its self-employed individuals. However, the interest rates for salaried individuals start from 9.99% p.a. Lenders usually offer preferential interest rates to salaried individuals due to their consistent income. Among the salaried individuals, government employees are offered lower interest rates due to income and job stability.

Below-mentioned is the personal loan eligibility criteria for HDFC Bank applicants:

• The minimum age of the applicant at the time of loan application should be 21 years and the maximum age at the time of loan maturity should be 60 years.
• Employees of private limited companies and public sector undertakings are eligible for HDFC Personal Loan.
• To avail HDFC personal loan, the minimum monthly income of applicants should be Rs. 25,000.
• Applicants should have a total work experience of 2 years with atleast in the current organization.

Can I Get HDFC Personal Loan with Low CIBIL Score?

HDFC Bank has not disclosed the CIBIL score required to avail personal loans. However, applicants having a CIBIL score of 760 and above usually have higher chances of getting their loans approved at lower interest rates. Individuals with a lower credit score find it difficult to get their loans approved.

Marriage Loan

Purpose: Consumers can avail themselves of a Marriage Loan from HDFC Bank to meet their wedding-related expenses, such as decorations, wedding outfits, catering, etc.

Loan Amount: Rs. 50,000-Rs. 40 lakh

Tenure: Up to 6 years

Loan for Salaried Employees

Purpose: Salaried individuals can avail a Loan for Salaried Employees from HDFC Bank to meet their personal requirements. Existing HDFC Bank customers or HDFC Bank salary account holders are offered competitive interest rates depending on their credit profile.

Loan Amount: Rs. 50,000-Rs. 40 lakh

Tenure: Up to 6 years

Medical Emergency Loan

Purpose: HDFC Bank offers Medical Emergency Loan to overcome any financial crisis related to medical emergency.

Loan Amount: Rs. 50,000-Rs. 40 lakh

Tenure: Up to 6 years

Golden Edge Personal Loan for Elite Customers

Purpose: Golden Edge Personal Loan is a premium loan product offered to individuals having a net monthly income of Rs. 75,000 to fulfil their personal financial needs.

Loan Amount: Rs. 10 lakh-Rs. 40 lakh

Tenure: Up to 6 years

Loan for Women

Purpose: HDFC Bank offers loans for women to fund their personal financial needs with easy application, instant approval and quick loan disbursal.

Loan Amount: Rs. 50,000-Rs. 40 lakh

Tenure: Up to 6 years

Loan for Home Renovation

Purpose: Prospective personal loan borrowers can avail a Loan for Home Renovation from HDFC Bank for kitchen remodelling, furniture replacement, etc.

Loan Amount: Rs. 50,000-Rs. 40 lakh

Tenure: Up to 6 years

Personal Loan for Government Employees

Purpose: HDFC Bank offers special personal loans to government employees to cater to their personal financial needs.

Loan Amount: Rs. 50,000-Rs. 40 lakh

Tenure: Up to 6 years

Loan for Travel

Purpose: Individuals planning for a vacation can also avail themselves of  a Travel Loan through HDFC Bank to meet their travel-related expenses, such as

Loan Amount: Rs. 50,000-Rs. 40 lakh

Tenure: Up to 6 years

Personal Loan Balance Transfer

Purpose: HDFC Bank Personal Loan Balance Transfer facility allows the existing personal loan borrowers of other banks and NBFCs to transfer their existing loan account to HDFC Bank at lower interest rates.

Xpress Personal Loan

Purpose: HDFC Bank Xpress Personal Loan is an instant digital personal loan offered to meet the urgent personal requirements of individuals.

Loan Amount: Rs. 50,000-Rs. 40 lakh

Tenure: Up to 6 years

HDFC Bank requires the following documents during the loan application process.

• ID Proof (Aadhaar card/driving license/voter ID/passport)
• Address Proof (Aadhaar card/driving license/voter ID/passport)
• Bank statement for past 3 months (updated passbook for last 6 months)
• Latest salary slips/latest salary certificate with Form 16

HDFC Bank personal loan EMI calculator is an online financial tool that allows to evaluate the monthly EMIs and total interest cost to be paid throughout the loan tenure. All you need to do is enter the loan amount, interest rate and loan tenure in the EMI calculator and get instant results.

How to Calculate HDFC Personal Loan EMI

You can calculate the EMI of your HDFC personal loan using an online Personal Loan EMI Calculator in the following steps:

• Go to the personal loan EMI calculator available online.
• Enter the interest rate, loan amount and loan tenure.
• Click on “calculate”.
• Get the results instantly.

EMI example for Rs. 3 lakh, Rs. 5 lakh and Rs. 10 lakh Personal Loan

Below-mentioned is the EMI example of personal loan for loan amounts of Rs. 3 lakh, Rs. 5 lakh and Rs. 10 lakh offered at 9.99% p.a. onwards and loan tenure of up to 5 years.

Processing fees, Foreclosure and Prepayment charges

Hidden Charges You Must Know Before Applying

Select existing customers of HDFC Bank having a good credit profile are eligible for pre-approved personal loans with instant disbursal in as less as 10 seconds. The process is completely digital, hassle-free and requires minimal documentation.

You can check the pre-approved offers instantly through the Paisabazaar app in the following steps:

• Login to the Paisabazaar app and go to the dashboard.
• Click on “Offers” icon in the footer of the app.
• You will see pre-approved offers matching your credit profile.
• Opt for the one best suiting your requirements.

You can get instant approval on personal loans by following the below-mentioned tips:

• Maintain a strong credit score.
• Keep your EMI/NMI ratio below 55%.
• Check for pre-approved offers.
• Go for completely digital loan applications.
• Show consistent income and stable employment.

Mistakes to avoid when you apply for a personal loan

• Multiple loan applications in a short span.
• Not checking the credit score before loan application.
• Not comparing lenders for their rates and offers.
• Overlooking fees and charges.
• Not disclosing existing debts.

Below-mentioned are the common reasons for HDFC personal loan rejection:

• Low credit score.
• High EMI/NMI ratio.
• Unstable job.
• Inconsistent income.
• Incomplete or wrong documentation.
• Multiple loan enquiries in a short span.