Here is the list for KYC Documents for HDFC Bank Personal Loan
HDFC Personal Loan Documents Required
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HDFC Bank Personal Loan KYC Documents:
HDFC Bank Personal Loan Income Documents:
List of personal loan documents required for salaried and self-employed individuals:
Along with the above-mentioned HDFC Bank Personal Loan Documents, the bank may also ask for additional personal loan documents based on the credit profile of the customer.
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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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