HDFC Bank Personal Loan Balance Transfer

Note: Interest rates as on 23rd August 2025

HDFC Bank Personal Loan Balance Transfer Interest Rates

HDFC Bank Personal Loan Interest Rates offered to balance transfer applicants start from 9.99% p.a. However, it is only applicable for individuals whose net home take is more than Rs 50,000. The final HDFC Bank Personal Loan Balance Transfer interest rates offered to the loan applicant would vary according to the credit score, monthly income, job profile, employer’s profile, etc. of the loan applicant.

Also Read: How you can build or rebuild your credit score with  Step UP Credit Card Co-branded with SBM Bank India Ltd.

HDFC Bank Personal Loan Balance Transfer Eligibility Criteria

HDFC Bank Personal Loan Balance Transfer facility is offered only to the existing personal loan borrowers of other banks and NBFCs. The bank may consider other factors such as age, liabilities, assets owned and credit score for HDFC Bank personal loan balance transfer just as it does for it Personal Loans. Along with this, the bank may also consider the occupation profile, employer’s profile, etc of its personal loan applicants, as used by many lenders for evaluating the personal loan eligibility of their applicants.

HDFC Bank Personal Loan Balance Transfer Documents Required

HDFC Bank has not mentioned the documentation for Personal Loan Balance Transfer. However, the bank asks for some documents for its regular personal loans, which are mentioned below:

• 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 Balance Transfer Fees and Charges

Processing Fee

HDFC Bank’s processing fee for Personal Loan Balance Transfer starts from Rs 6500 + GST.