Do you wish to visit Dubai and enjoy a memorable vacation? If you have any of these wishes but have to neglect them due to the shortage of required funds, then I have a news which can bring the glow back to your face. HDFC personal loan has been specially designed to meet all your personal needs. HDFC bank, one of the well known private sector banks is always ready to give wings to the dreams of its customers. You can secure finance from the bank for your personal requirements up to Rs. 15 lakhs for a tenure of five years. Check out all the important information about the product offered by HDFC here-

Eligibility criteria:

In order to successfully avail a loan from the bank, the applicant has to meet the eligibility norms. It will be based on the loan requirement of the applicant, the income he earns each month and the profession he is part of.

The applicant needs to be a salaried individual who falls under the category of employee of public sector undertakings , Chartered Accountant, an employee of private limited companies or Doctor.

The applicant should be between the age group of 21 to 60 years. This clearly means he/she has to attain a minimum age of 21 so as to secure a loan from the bank.
Work experience of at least two years is mandatory
He/she should be employed with the present company for a minimum of one year
The minimum net income should be at least Rs. 12,000.
For people living in cities like Mumbai, Delhi, Bengaluru, Cochin, Pune, Kolkata, Hyderabad, Chennai and Ahmedabad the net monthly income needs to be at least Rs. 15,000.

Documents required for a HDFC Personal loan:

After meeting the eligibility norms, the applicant has to ensure that he completes the documentation work imposed by HDFC bank. Check the documents required here-

Identity Proof- photocopies of Voter ID Card/Driving License/Passport
Residence Proof- photocopies of Telephone Bill/Ration Card/Passport/Rental Agreement/Electricity Bill
Income Proof- Latest salary slip along with a salary certificate which is current dated with latest Form 16
Bank Statement of the previous three months or passbook statement of six months is needed

Interest rate:
The bank offers a personal loan to salaried employees at an interest rate between 15.75-20% for a period ranging up to 60 months i.e. 5 years. You are given flexible repayment options depending upon your profile. The interest for your loan is calculated on a monthly reducing balance method.

Processing fees:
The bank charges a processing fee up to 2.5% of the loan amount you secure from it. It can be a minimum of Rs. 1,000 and the maximum amount can go up to Rs. 25,000 for any salaried individual.

In case you want to pre-pay your loan, I have to tell that prepayment of loan is not allowed before you complete 12 EMIs. Suppose you want to prepay the amount between 13 to 24 months, then the charge imposed on is going to be 4% of the principal amount which is outstanding. In case, you feel like prepaying between 25 to 36 months, the prepayment charge is 3 percent of the principal amount outstanding. The charge for any kind of prepayment above 36 months is two percent of the principal which is outstanding.

HDFC Personal Loan EMI Calculator:
One of the most important things you have to keep in mind, while taking a loan, is the amount of monthly EMIs you will have to pay. Availing the loan, without thinking twice about the installments can prove to be detrimental for you. You will end up disturbing your budget if you don’t pay heed to it. Calculating the EMI can turn out to be very confusing and complex. But you need not worry when HDFC Personal loan EMI calculator has been developed to give you instant details about your EMI. You have to do nothing but just enter your desired loan amount, interest rate plus the tenure. This will provide you with information relating to your monthly EMI, total interest you will have to pay and the total amount you will submit to the bank. Let’s take the help of an example to throw more emphasis on the same-

Suppose Sushmita Gupta, a teacher wants to secure a personal loan for her daughter’s marriage. She approaches HDFC and avails a loan of Rs. 3 Lakhs at an interest rate of 15.80% for a tenure of five years. This is where the tool is going to exhibit its magic. Within seconds, the monthly EMI has been calculated. Sushmita will have to deposit an installment of Rs. 7,264 and the total interest payable is going to be Rs. 135,814. This means she will have to pay a total amount of Rs. 4,35,814 to the bank for taking a loan of Rs. 3 Lakhs within five years.

Why wait and neglect your dreams? Go and avail best interest rates from HDFC and fulfill all your dreams.

HDFC housing loans is a popular home loan option in India. The HDFC bank helps a large number of people to secure their homes every year with the help of the housing loans offered by HDFC. The reason behind the popularity of the HDFC housing loans is the amazingly affordable HDFC interest rate.
The HDFC interest rate usually comes up to be 11.25 percent for the standard housing loans from HDFC. The minimum tenure for the HDFC housing loans and the subsequent HDFC interest rate is usually 5 years and the maximum tenure comes out to be 20 years.
Also, the minimum amount offered under the HDFC housing loan scheme is Rs. 100,000 and the maximum amount offered under the HDFC housing loans is Rs. 10,000,000. The amount has to be then repaid in the respective repayment period of the loan which could be anywhere between 5 years and 20 years.
For the HDFC housing loans that are offered for the tenure of 1 to 5 years at a fixed HDFC interest rate of 12.5 percent. The fixed interest rate remains the same for the tenures of 5 to 10 years, 10 years to 15 years and 15 to 20 years.
The floating HDFC interest rate for the housing loans tenures of 1 – 5 years, 5 – 10 years, 10 – 15 years and 15 – 20 years comes up to be 10.5 percent.
The housing loans are processed in just 7 days at a processing fee of 1 percent and a pre-payment charge of just 2 percent. The EMI is calculated with the help of the HDFC home loans EMI calculator.
The HDFC housing loans has a specific eligibility criteria meant for the salaried employees. They have to have an annual income of Rs. 1,20,000, a minimum age of 24 years and a maximum age of 55 years.
The applicants for the housing loans have to submit documents like an ID, residence and income proof. They also have to submit a telephone bill, photograph, a bank statement and a signature proof.
Once all the documents are submitted, the bank uses the HDFC home loans EMI calculator. This HDFC home loans EMI calculator is designed to offer a perfect EMI for all the housing loans. HDFC uses the HDFC home loans EMI calculator on all sorts of home loans.
The whole process of securing home loans has become really easy with the help of tools like HDFC home loans EMI calculator and some really attractive plans. In short, getting the HDFC housing loans is the perfect way to buy one’s dream home.
HDFC bank home loan has one of the widest networks and even provide HDFC housing loans right at your doorstep. A cheerful customer care executive is always there to assist the customers online for faster processing of HDFC house loan. One can even dial a toll free HDFC number to get more details about HDFC house loan and the present rate of interest on different HDFC housing loans plans.
Besides HDFC homeloans, customers get the advantage of other HDFC housing loans facilities like Home Improvement HDFC housing loans, Short Term Bridging HDFC home loan, Home Extension HDFC house loan, Home Equity HDFC housing loans and also HDFC homeloans for purchasing land. Special HDFC home loan schemes are also available for NRIs.

HDFC Personal Loan is an unsecured loan generally issued for personal use that does not require any sort of security and can be used for any purpose which can be a wedding expenditure, a holiday spending, education or purchasing consumer goods. The HDFC personal loan is very easily issued which caters all of our needs. The loan amount may be ranged from fifty thousand rupees to twenty lakhs while the tenure for repaying this type loan may widely vary from one to five years. Even the personal loan rates are also varies for different types of the customers.

There are various benefits over it. There is no need of security for this category loan i.e. banks will not ask for the security against the loan issued to the customer. So he or she does not require submitting a house or any other property document for acquiring the HDFC personal loan.

This loan requires only simple documentation when compares to its other sort of loans like HDFC home loan, HDFC educational loan, etc. It does not take much time for getting issued with minimum paper works.

The customer need not disclose about the usage of the personal loan getting issued by the bank. The HDFC bank is least concerned about the usage of the borrowed it. They only worry about whether the customer is able to pay back the money with interest before the due date of every installment. It is guaranteed by checking the customer’s income, business profit and so many other factors.

The HDFC bank offers HDFC personal loan in large amount to fulfill the requirement of the customer. The loan amount ranges from fifty thousand rupees to twenty lakh rupees. So many people opt for this kind of loan for their personal needs.

The HDFC personal loans are processed with little documentation like identity proofs, bank statements from three to six months, residence proof, salary slips or business income proof and guarantors.

The salaried individuals include doctors, government sector employees, chartered accountants, public & private company employees, etc. eligibility criteria for getting it is the minimum and maximum age of employee should be 21 years and 60 years respectively. The minimum employment should be 2 years in current organization and the minimum net monthly income should be ten thousand rupees per month.

The self-employed professionals include architects, company secretaries, employed doctors & chartered accountants, etc. eligibility criteria for getting it is the minimum and maximum age of employee should be 25 years and 65 years respectively. The minimum profession in business should be more than 4 to 7 years and the minimum annual income should be one lakh rupees.

The self-employed individuals include partners & directors in the manufacturing business, sole proprietors, trading or services etc. eligibility criteria for getting personal loan is the minimum and maximum age of employee should be 21 years and 65 years respectively. The minimum business experience should be 3 years in current business or 5 years as total business experience and the minimum annual income should be one and half lakh rupees.

Population of India is growing per second and already crossed the mark of 1 billion. Total land area of India is 3, 287, 263 sq km but still faces the problem to accommodate the rising population. In this scenario now it is becoming very hard for people living in India to find good homes for themselves. Many people are living in slums without proper drinking water and electricity. Owing a beautiful home with proper facilities is dream for many of us now. Only one thing that can make our dream come true is HDFC home loan.

HDFC home loan interest rate is low which help us to provide survival facilities in an affordable budget. General public is happy to get HDFC home loan interest rate at affordable budget. Earlier it was hard for people to apply for home loans as the rates were too high and the way to apply loans was complicated. Thanks to HDFC home loan which has given an easy procedure to apply for home loans. Not just the way of applying is easy but HDFC home loan also provide easy terms and conditions for the public. With low HDFC home loan interest rate and easy applying of the home loans, HDFC home loan is the most popular home loans in India.

HDFC home loan interest rate is calculated by HDFC home loan calculator which helps to calculate the amount of loan and interest for the loan applicant. HDFC home loan calculator helps out to give the best rate calculating the finance of the person which helps to get a home of their own. HDFC home loan interest rate is made in a way so that it is helpful to different type of people having different financial background.
HDFC home loan calculator makes the whole process easy and faster and you can issue your loan in just 7 days. HDFC home loan calculator calculates your interests by keeping in consideration the age limits and the terms limit. The age limit is 18 to 50 and terms limit is 5years to maximum of 20 years. HDFC home loan has 30 years of experience and provides you the best deal.

HDFC Housing Loans Low Interest Rates

HDFC housing loans is a popular home loan option in India. The HDFC bank helps a large number of people to secure their homes every year with the help of the housing loans offered by HDFC. The reason behind the popularity of the HDFC housing loans is the amazingly affordable HDFC interest rate.

The HDFC interest rate usually comes up to be 11.25 percent for the standard housing loans from HDFC. The minimum tenure for the HDFC housing loans and the subsequent HDFC interest rate is usually 5 years and the maximum tenure comes out to be 20 years.

Also, the minimum amount offered under the HDFC housing loan scheme is Rs. 100,000 and the maximum amount offered under the HDFC housing loans is Rs. 10,000,000. The amount has to be then repaid in the respective repayment period of the loan which could be anywhere between 5 years and 20 years.

For the HDFC housing loans that are offered for the tenure of 1 to 5 years at a fixed HDFC interest rate of 12.5 percent. The fixed interest rate remains the same for the tenures of 5 to 10 years, 10 years to 15 years and 15 to 20 years.

HDFC Housing Loans Low Interest Rates

HDFC housing loans is a popular home loan option in India. The HDFC bank helps a large number of people to secure their homes every year with the help of the housing loans offered by HDFC. The reason behind the popularity of the HDFC housing loans is the amazingly affordable HDFC interest rate.

The HDFC interest rate usually comes up to be 11.25 percent for the standard housing loans from HDFC. The minimum tenure for the HDFC housing loans and the subsequent HDFC interest rate is usually 5 years and the maximum tenure comes out to be 20 years.

Also, the minimum amount offered under the HDFC housing loan scheme is Rs. 100,000 and the maximum amount offered under the HDFC housing loans is Rs. 10,000,000. The amount has to be then repaid in the respective repayment period of the loan which could be anywhere between 5 years and 20 years.

For the HDFC housing loans that are offered for the tenure of 1 to 5 years at a fixed HDFC interest rate of 12.5 percent. The fixed interest rate remains the same for the tenures of 5 to 10 years, 10 years to 15 years and 15 to 20 years.

HDFC Housing Loans Low Interest Rates

HDFC housing loans is a popular home loan option in India. The HDFC bank helps a large number of people to secure their homes every year with the help of the housing loans offered by HDFC. The reason behind the popularity of the HDFC housing loans is the amazingly affordable HDFC interest rate.

The HDFC interest rate usually comes up to be 11.25 percent for the standard housing loans from HDFC. The minimum tenure for the HDFC housing loans and the subsequent HDFC interest rate is usually 5 years and the maximum tenure comes out to be 20 years.

Also, the minimum amount offered under the HDFC housing loan scheme is Rs. 100,000 and the maximum amount offered under the HDFC housing loans is Rs. 10,000,000. The amount has to be then repaid in the respective repayment period of the loan which could be anywhere between 5 years and 20 years.

For the HDFC housing loans that are offered for the tenure of 1 to 5 years at a fixed HDFC interest rate of 12.5 percent. The fixed interest rate remains the same for the tenures of 5 to 10 years, 10 years to 15 years and 15 to 20 years.