Eligibility Requirements:
- Minimum monthly salary of ₹ 25,000
- Basic identity proof and address verification
- Approval subject to the bank’s internal evaluation
Steps to Apply for the Loan:
- Click on “Apply Now” to visit the HDFC Bank website
- Select “Check Eligibility”
- Enter your phone number and date of birth
- Review pre-approved loan offers
- Choose the loan amount, tenure, and interest rate
- Complete the application with the necessary documentation
- Receive loan disbursement in 10 seconds for pre-approved customers
Frequently Asked Questions:
How long does it take to approve an HDFC Bank Personal Loan?
For pre-approved customers, disbursement can be nearly instant, taking just 10 seconds. For other applications, it may take up to 4 days.
Do I need to state the reason for using the credit?
No, personal loans do not require you to specify the purpose of the loan.
Do I need to have a good credit score to get approved for an HDFC Bank Personal Loan?
A good credit score is beneficial but not a strict requirement. Pre-approved offers may not require a credit score.
Can I apply for a loan if I am self-employed?
Yes, HDFC Bank offers personal loans for self-employed individuals based on proof of income and eligibility criteria.