HDFC Bank
Personal Loan
HDFC Bank is the largest bank in India by market capitalization. It was established in 1994 to serve the financial needs of people of India. It brings with it varied financial products for the benefit of citizens of different classes like salaried, self-employed or businessman.
HDFC Bank offers Personal Loan with minimal documentation and speedy approvals, making it easy for individuals to easily access funds due to a financial emergency. You can avail a loan amount of up to Rs. 40 lakh that can be repaid within a tenure which ranges between 12 to 60 months.
Specialities : HDFC bank for Personal Loans
* A personal loan Balance transfer can be availed for as low as 10.75% with a flat processing fee of 1999/- only
* A personal loan can be insured from the bank with insurance coverage up to an outstanding loan amount with the special benefit of accidental hospitalization of up to 8 lakh and death and disability cover of 1 lakh.
* Contactless processing of documentation.
* Check the loan status through HDFC portal
* Interest rates varies from 12.5% to 21.50% depending on the customer’s employment, age, repayment capacity, credit score, a current financial situation like loans taken from banks.
* Faster processing of loan without too many hurdles as most of the processing is online and keeps the customer updated of the loan status.
* Applying for a personal loan through DigitLoan becomes very easy as everything is structured and updates are provided to the customer at every level of processing which makes customer rely on the system.
* Customers need to fill in a form through Online with personal details like income, loan amount, the place they live in etc.