Hdfc loan assist

An HDFC personal loan may be ideal for working professionals who have a steady income and lower liabilities of other loans and credit cards’ payments. This loan is best for those in the higher income bracket as the bank levies minimal additional charges on such individuals for any delays in repayment. • No maximum limit on loan amount that can be approved making it useful for big-ticket expenses. • Prepayment after 12 months is without any charges. • Insuring your loan can help you get accidental hospitalization cover of up to INR 8 lakh. • You can club your spouse’s income with your income to be eligible for the loan amount requested for. The HDFC personal loan is an unsecured loan, which means no security collateral or guarantee needs to be deposited to avail this kind of loan, offered to salaried and self-employed individuals. It is available for personal reasons including: • Education • Marriage • Medical emergencies • Housing renovation • Holidays or travel • Debt consolidation • Loan Amount: From INR 1 lakh to INR 1 crore. • Rate of Interest (APR): 10.25% to 12.49%. • Repayment Tenor: 12 months to 72 months. • Processing Fees: Minimum INR 999 + GST to a maximum of INR 4,719. • Prepayment or Foreclosure: No charge after 12 months. 1% to 4% before 12 months. Part prepayment is not allowed. The loan has to either be prepaid in full or serviced for the stipulated tenure. • Approval Process: Once you submit your application form and the required documents, you can expect ...