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HDB Financial Services Ltd Personal Loan Preclosure Charges

Personal loans fund most immediate and urgent needs of people. HDB Financial Services Ltd is a premium Non-Banking Financial Company (NBFC) that offers personal loans to salaried and self-employed individuals at attractive interest rates (13.99% p.a. minimum) with flexibility of preclosure of the loan before the stipulated tenure ends.
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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

HDB Financial Services Ltd. Personal Loan Charges

The interest rate ranges from 13.99% to 16.99% p. a. Borrowers aged 21 to 60 years may avail loans of 1 lakh to 20 lakhs. The minimum EMI annually is Rs. 2,326 for 60 months on a loan of 1 lakh.

Personal Loan Foreclosure Charges

HDB Financial Services personal loans can be closed before maturity. Borrowers can also make part payments to decrease future equated monthly installments (EMI). In order to foreclose or part pay, the borrower must ensure that he has paid EMI for the first 6 months. Unlike many premium banks, HDBFS offer part payment facility. HDB Financial Service’s personal loans offer nil penalty per payment for the longest unsecured loan tenure (36 months).

Personal Foreclosure charges Of HDB Financial Services Ltd

Foreclosure charge is 4% of the principal loan amount plus added taxes likes GST. Part payment of personal loans has zero penalty at HDBFS. Borrowers in the armed forces or governmental organizations can avail personal loans at lower interest rates compared to private salaried employees. There are no foreclosure or part payment charges for customers in select companies.

Different options to foreclose Personal Loan from HDB Financial Services Ltd

One can take a top-up loan to meet increasing need for money at the same interest rate (i.e. 13.99% p.a.) of the current loan (to be foreclosed). Besides paying off the outstanding loan amount, one can save on interest money and address many other financial needs.

HDBFS allows top-up loans only to customers who have a clean repayment record on the existing personal loan. Top-up loans can also be availed at the time of balance transfer to a new bank.

Prepayment is another viable option to end loans before the last date. Full prepayment increases the borrower’s CIBIL score and makes him more credit worthy for future secured or unsecured loan approval.

In order to foreclose, the borrower needs to send a foreclosure request statement, furnish important documents for foreclosure formalities, and make the full payment online or in cheque.

Conclusion

Choosing HDB Financial Services for personal loans is wise because of the flexibility to opt for fixed rate of interest or floating rate of interest (applicable for long term loans). Minimum processing fee, no hidden charges and dual facility of either foreclosing or part paying of the loan amount make HDBFS an ideal option for personal loans.

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All Your Needs

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

Avail Personal Loan for
All Your Needs

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What our customers say

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

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

Best Advisor for Personal Loan

I would like to share my feedback regarding my recent interaction with Mr. Vipin Singh (employee id EW12967) After discussing the financial matters with him, I felt very satisfied with his approach and professionalism. He explained everything clearly, handled the discussion patiently, and ensured that all concerns were addressed effectively. His communication skills, positive attitude, and dedication towards his responsibilities truly reflect his commitment to the organization.

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20th Jan 2026Jan 20, 2026

Meri shaddi thi

Shadi mai bht kharche hote hai. Maine shaddi ke liye personal loan paisabazaar se liya tha. Process smooth tha or interest bhi sahi milla.

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Sadia KhatunJan 15, 2026

Perfect for Loan Solutions

Recently I had a conversation with Mr. Harsh ji. Thanks Mr. Harsh ji for providing a better solution in a very short period of time with very nice behaviour. Thank You very much.

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Amit ChahalJan 15, 2026

Travel ke liye personal loan liya tha

Mai bohot din se out of India ghumne jana chahti thi lekin jab jane ka time mila toh budget kaam padh raha tha, Paisabazaar se personal loan leke bht acha trip kiya. Maza agaya. Mere upar koi burden bhi nhi padha

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Tarini RoyJan 14, 2026

Easy personal loan available

Took personal loan. Good experience.

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Ruchika TiwariJan 14, 2026

Stress-free Laon Borrowing Process

There was a complication with my KYC verification. Paisabazaar’s Shazeb handled it swiftly and professionally. He ensured that I received regular updates, explained the resolution steps clearly, and most importantly, resolved the issue quickly. His prompt assistance and communication made the entire experience smooth and stress-free. Thanks to his efforts, the loan process was completed without further delays.

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Abhishek ThakuraJan 14, 2026
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