| Interest rates | 9.99 – 12.5 % |
| Loan amount | Up to Rs 25 Lakh |
| Repayment tenure | Up to 5 years |
| Processing fee | Rs 3499 – Rs 6500 |
HDFC Personal Loan Balance Transfer

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HDFC Bank Personal Loan Balance Transfer Highlights
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.
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
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HDFC Bank Personal Loan Balance Transfer Fees and Charges
HDFC Bank’s processing fee for Personal Loan Balance Transfer starts from Rs 6500 + GST.
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View All ArticlesPaisabazaar 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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Get up to ₹50 Lakhs starting at 9.98%*
Get up to ₹50 Lakhs starting at 9.98%*








