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HDFC Bank 5 Lakh Personal Loan

4.5/5

15.6L Reviews

5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee6,500
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
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How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

HDFC Bank Rs. 5 lakh Personal Loan: Interest Rate

HDFC personal loan interest rates start from 9.99% p.a. onwards. The personal loan rate of interest that would ultimately be offered to the loan applicant would differ based on factors such as their credit score, monthly income, job profile, and employer’s profile.

HDFC Bank Rs. 5 lakh Personal Loan: Fees and Charges

HDFC Bank charges the following fees on a personal loan of Rs. 5 lakh.

  • Processing Charges: Up to Rs 6,500 + GST
  • Stamp Duty and other statutory charges: As per the laws of the state
  • Repayment mode change charges: Rs 500
  • Pre-payment in Part/Full: Part-payment allowed up to 25% of the principal outstanding. It is allowed once in the financial year and twice during the loan tenure.
  • Payment Return Charges: Rs. 450 per instance

Documents Required for HDFC Bank Personal Loan

For an HDFC Bank Rs 5 lakh personal loan, the following documents are required.

  • Identity Proof: Aadhaar card/driving license/voter ID/passport
  • Address Proof: Aadhaar card/driving license/voter ID/passport
  • Bank statement for the past 3 months
  • Latest salary slips/latest salary certificate with Form 16

HDFC Bank Rs 5 Lakh Personal Loan Eligibility

To apply for an HDFC Bank Personal Loan, you need to meet the following conditions:

  • Who can apply: Salaried employees of private limited companies, public sector undertakings, and central/state/local government bodies.
  • Age: Minimum 21 years at the time of application and maximum 60 years at the time of loan maturity.
  • Work experience: At least 2 years of total work experience, with a minimum of 1 year in the current organization.
  • Income requirement: Min. Rs. 25,000 monthly income
  • Credit score: A good credit score is also required for loan approval.

Check your eligibility now with Paisabazaar's Online Personal Loan Eligibility Calculator

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HDFC Personal Loan vs Other Personal Loan Lenders

Banks HDFC ICICI IndusInd Axis
Rates 9.99% p.a. onwards 10.60% p.a. onwards 10.49% p.a. onwards 9.99% p.a. onwards
Processing Fee Up to Rs 6,500 2% Up to 3.5% Up to 2%

EMI Calculation for HDFC Bank Rs 5 lakh Personal loan

Tenure 9.99% 12% 14%
1 year Rs. 43,956 Rs. 44,424 Rs. 44,894
2 years Rs. 23,070 Rs. 23,537 Rs. 24,006
3 years Rs. 16,131 Rs. 16,607 Rs. 17,089
4 years Rs. 12,679 Rs. 13,167 Rs.13,663
5 years Rs. 10,621 Rs. 11,122 Rs. 11,634

Use Paisabazaar's EMI Calculator for a personal loan to make well-informed decisions.

How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

Avail Personal Loan for
All Your Needs

Avail Personal Loan Banner

Avail Personal Loan for
All Your Needs

FAQs

What is the interest rate for a Rs. 5 lakh personal loan from HDFC Bank?

HDFC Bank personal loan interest rates generally start from around 9.99% p.a. and may vary depending on your income, credit score, and profile.

What is the tenure available for a Rs. 5 lakh HDFC personal loan?

You can choose a flexible repayment tenure ranging from 12 months to 60 months.

What is the EMI for a Rs. 5 lakh personal loan from HDFC Bank?

The EMI depends on the interest rate and tenure chosen. For example, at 12% p.a. for 5 years, the EMI would be around Rs. 11,122 per month.

What are the eligibility criteria for a ₹5 lakh HDFC personal loan?

Applicants must be 21 to 60 years old, have a minimum of 2 years of work experience (1 year with current employer), and earn at least ₹25,000 per month.

Are there any charges on a ₹5 lakh HDFC personal loan?

Yes, charges include a processing fee (up to Rs. 6500), prepayment/foreclosure charges, and applicable GST.

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What our customers say

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

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Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

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Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

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Kirubagaran GanesanFeb 24, 2026

Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

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DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

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BhupendraFeb 18, 2026

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

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Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026
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Anubhuti Agrawal profile
Written ByLinkedIn icon
Anubhuti Agrawal
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Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.

The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.

The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.

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