HDFC Bank is one of the Largest and most prestigious banks in India which offers a wide variety of loans. These Loans include personal loans, home loans car loans and education loans. The interest rates and conditions of these loans vary And customers have to choose the right loan according to their requirements and financial conditions.
HDFC Personal Loan
HDFC Personal Loan is an unsecured LOAN given to customers for various purposes, such as medical emergency, home decoration, or travel. The interest rates of this loan range from 10.50% to 19.00% per year, and the loan amount can range from ₹ 50,000 to ₹ 40 lakh.
HDFC Home Loan
HDFC Home Loan is a secured loan given to customers to buy or build a house. The interest rates of this loan start from 8.25% per year, and the loan amount can be up to ₹ 10 crore. The repayment period of this loan can be up to 30 years.
HDFC Car Loan
The HDFC car loan is a secured loan given to customers to buy a new or old car. The interest rates of this loan begin at 8.25% per year, and the loan amount can be up to ₹ 50 lakh. The repayment period of this loan can be up to 7 years.
Eligibility Criteria for HDFC loan
The eligibility criteria for HDFC loan vary, but are usually the following conditions:
- Age: 21 to 65 years
- Income: ₹ 10,000 per month for salaried persons and ₹ 200,000 per year for self-employed persons
- Credit Score: More than 650
Loan application process of HDFC loan
- Online Application: Apply through HDFC Bank’s website or mobile app
- Offline application: Apply by visiting the nearest HDFC Bank branch
- Submission of documents: submit the required documents and wait for loan approval
Disclaimer -HDFC bank offers a wide variety of loans that come with attractive interest rates and flexible repayment options. Customers have to choose the right loan according to their requirements and financial status, and the loan eligibility criteria and the required documents have to be met