A quick personal loan can help you solve multiple problems at once. You can consolidate all your old debts, plan your dream wedding, travel to a destination abroad, pay for your child's education and also sort out an unplanned emergency. There are many more things that you can do with the funds from a personal loan.
When it comes to choosing the best bank whether applying online or offline for a personal loan, HDFC is one of the first names that pop into the common man's mind. It is because HDFC has been one of the market leaders in the loan industry from a long time. You can expect the best offers and interest rates from HDFC when you apply for a personal loan.
To make it easier for all, HDFC has mentioned simple criteria for salaried and self employed professionals to define their eligibility for a personal loan. You can check your personal loan eligibility in 60 seconds*. Once they can fulfill these criteria and details, applying for a HDFC personal loan is very easy.
Pre-approved HDFC Bank customers can get an instant personal loan in less than 10 seconds. Other customers can get a personal loan in as short a time as 4 hours. You can expect quicker loan approvals and loan disbursals within 72 hours* if your eligibility and documentation is correct. In order to understand the general requirement, we have mentioned few details which can help you understand about an HDFC personal loan.
Minimum Age of the applicant - 21
Amount (Min and Max) - 50,000 to 40,00,000*
Total Job History (Minimum) - 24 months.
Annual Interest Percentage (Starting from) - 11.25%*
Tenure (Minimum) - 12 months*
1. General Uses of a HDFC Personal Loan
2. Who is Eligible for a HDFC Personal Loan?
You can get a HDFC instant personal loan by either visiting any of their branches which are spread across the country. You can also visit their website and apply for a paperless personal loan.
You can log on to HDFC's online web portal and check their net banking section. After you enter your login credentials, you can get all your personal loan details online.
You will be notified by HDFC when you get a pre approved personal loan. In such cases, your approval is already being given by the Bank. All you need to do is check how much amount is being given. You can get a pre approved loan on the go, sitting at home too.