Documents required to apply for HDFC Bank Personal Loan:
✔️ Identity proof (copy of passport/voter ID card/driving license/Aadhaar)
✔️ Address proof (copy of passport/voter ID card/driving license/Aadhaar)
✔️ Bank statement of the previous 3 months (passbook of the last 6 months)
✔️ Two latest salary slips/current dated salary certificate with the latest Form 16
It is important that you know all documents required to apply for HDFC Bank Personal Loan so that your application process goes smoothly.
Fees and Charges:
✔️ Rack interest rate: Salaried – 11.00% to 21.00%
✔️ Processing fee / Loan processing fee: Up to ₹4,999/-
✔️ Stamp duty and other statutory charges: As per applicable state laws
✔️ Overdue EMI interest: 2% per month on overdue EMI/principal
✔️ Legal/contingent charges: At actuals
✔️ Amortization schedule fee / Repayment schedule fee: ₹50/- per instance
✔️ Repayment mode change fee: ₹500/-
✔️ EMI / payment bounce charges: ₹450/-
✔️ Loan cancellation charges and rebooking charges: Zero for loan cancellation (however, interest will be charged for the interim period between loan disbursement and loan cancellation date, and the processing fee will be retained). ₹1,000/- for loan rebooking.
Loan Application Process:
✔️ Gather all the documents required to apply for HDFC Bank Personal Loan
✔️ Visit the official HDFC Bank website
✔️ Click on the “Loans” tab at the top
✔️ Select the type of loan
✔️ Click on “Apply Now”
✔️ Follow the subsequent steps