Personal Loan EMI Calculator

The amounts of loan which will be disbursed to any of the borrowers depend on various factors but the most important one being the combined income and the age of the borrower. If you are salaried and wants to avail HDFC Bank Personal Loan for any of the personal reason, the minimum amount that you have to opt for is INR 50,000 and the maximum amount which one can get is INR 25 lacs. For the self-employed, the minimum amount of loan to be availed is INR 5 lacs and the maximum being INR 15 lacs.

Tenure

Tenure of the personal loan provided by HDFC Bank varies within a period of 12 to 60 months. It is also dependent on the borrower’s financial credibility and choice of repayment terms.

Personal Loan Interest Rate

Personal loan Interest Rate offered by HDFC Bank ranges from 11.49% to 20% per annum. It is decided on the amount of loan that has been availed and on the financial position of the borrower.

There are certain mandatory criteria which every borrower has to meet to avail the personal loan from HDFC Bank and they are as follows:

1. Age: The age of the borrower is always important for measuring the capabilities of repaying the personal loan within a specific deadline. HDFC Bank has made 21 years of the compulsory age for availing personal loan and the upper limit is 60 years for salaried and 65 years for the self-employed.
2.  Domiciliary Status: HDFC bank provides a personal loan to both its Indian and NRI customers. There are certain other criteria which the NRIs have to meet for availing the personal loan. The proof of the residential status and the address proof is mandatory in such case.
3. Occupation: The HDFC bank across all the branches disburse personal loan to both self-employed and the salaried persons. The professionals like Doctors, CA and others are also eligible for availing the personal loan.
4. Income: The income of the borrowers has to meet the minimum standard income set by the bank for a personal loan. The income criterion varies according to the amount of loan to be availed by the customer. The minimum income for any borrower is INR 15000 per month.

If you are opting for personal loan from HDFC bank, then won’t you be interested in knowing whether you are eligible or not for the loan? With our HDFC Bank personal loan calculator, you can find your eligibility status in few seconds and you can confidently apply for the loan without any dilemma. The information you need to feed in our site to find out your eligibility status are:

1. Name of the borrower
2. Age
3. Gender
4. Contact details – i. Phone Number and ii. Email Id
5. Details of the Bank account of the borrower
6. Income of the borrower per month.
7. Occupation of the borrower
8. Residential Status and address proof of the borrower
9. The reason behind availing the loan has to be mentioned
10. Tenure for which one wants to avail the loan
11. Co- borrower’s details (if any).

After you feed all these information in our HDFC personal loan calculator, you can find out your eligibility score or status.

On our site, you can calculate your personal loan EMI which you have to pay on a monthly basis when you borrow the loan. It is always better to calculate Personal Loan EMI on your own before you approach your agent for the loan. The EMI calculator on our site is highly efficient for EMI calculation for any amount of loan. You can use the EMI calculator over and over again with different loan amount to find out the different EMIs and then you have many options to choose from. On our site, you will get specifically designed personal loan EMI calculator HDFC Bank. This EMI calculator will help you calculate EMIs within few seconds with minimum information. The Personal Loan EMI calculator mainly requires the loan amount, tenure, interest rate to calculate the EMIs. The Personal Loan EMI calculator might ask for some other details so that it can provide accurate results.