HDFC Bank Personal Loan 2026
HDFC Bank is one of the largest personal-loan lenders, with pre-approved digital loans for existing customers and a flat-fee structure. Interest rate 9.99% – 24.00%, loan ₹25,000 – ₹40 lakh (salaried); up to ₹50 lakh for some segments, tenure 12 – 60 months (up to 72–84 months for select segments).
Rates as of Sep 2026 (aggregator) · Checked 30 September 2026HDFC Bank Personal Loan at a glance
- Low starting rate
- Processing fee capped at ₹6,500
- Loans up to ₹40 lakh for salaried
- Very wide rate band — up to 24%
- Foreclosure charge of up to 4% in the first two years
HDFC Bank personal loan interest rate & charges
| Feature | HDFC Bank |
|---|---|
| Interest rate | 9.99% – 24.00% |
| Rate details | 9.99% – 24.00% p.a. as compiled by CreditMantri and Paisabazaar for Sep 2026 (the bank’s own rate page did not load when checked). Your rate depends on credit score, employer, income and relationship with the bank. |
| Processing fee | Up to ₹6,500 + GST |
| Loan amount | ₹25,000 – ₹40 lakh (salaried); up to ₹50 lakh for some segments |
| Tenure | 12 – 60 months (up to 72–84 months for select segments) |
| Prepayment / foreclosure | Foreclosure: 4% of principal outstanding up to 24 EMIs, 3% from 25 to 36 EMIs, 2% after 36 EMIs (+ GST) |
| Credit score | About 720+ (aggregator guidance) |
| Government employees | Tenure up to 7 years |
Special schemes & features
Longer tenure of up to 7 years
Source: www.creditmantri.com, Sep 2026 (aggregator). Rates are indicative; your rate depends on your profile. Always check the Key Facts Statement (KFS) for the APR before signing.
EMI at HDFC Bank’s rates
| Loan amount | EMI @ 9.99% | EMI @ 17.00% | EMI @ 24.00% |
|---|---|---|---|
| ₹2,00,000 | ₹4,248 | ₹4,971 | ₹5,754 |
| ₹5,00,000 | ₹10,621 | ₹12,426 | ₹14,384 |
| ₹10,00,000 | ₹21,242 | ₹24,853 | ₹28,768 |
Tenure 5 years, reducing-balance method. Total interest on ₹5,00,000 at 9.99%: ₹1,37,264.
HDFC Bank personal loan EMI calculator
Eligibility
- Salaried employees of private companies, public-sector units and government
- Credit score around 720 or above (aggregator guidance)
- Minimum income depends on employer category (not published)
Documents required
- Identity proof: PAN (mandatory) plus Aadhaar, passport, voter ID or driving licence
- Address proof if different from ID
- Salaried: last 3 months’ salary slips, 3 – 6 months’ salary-account statement, Form 16 or latest ITR
- Self-employed: last 2 – 3 years’ ITR with computation of income, audited financials where applicable, 6 – 12 months’ bank statements, business registration (GST, Udyam, shop licence)
- Passport-size photograph (branch applications)
- Existing lenders’ sanction letters or statements if you are consolidating or transferring a loan
How to apply for HDFC Bank Personal Loan
- Check your credit reportDownload your free report, fix errors and see what rate band you fall in.
- Compare offersCompare APR in the Key Facts Statement, fees and foreclosure terms — not just the headline rate.
- Apply on the lender’s own app, website or branchUse the bank’s official channels or its listed lending partners; never pay anyone a fee to “get the loan approved”.
- KYC and verificationAadhaar/PAN-based e-KYC or video KYC; income is verified from payslips, bank statements or account aggregator data.
- Sign KFS and agreementCheck APR, EMI schedule, foreclosure charge, penal charges and cooling-off period before e-signing.
- DisbursalMoney is credited directly to your bank account by the lender — never through a third party’s account.
HDFC Bank vs other lenders
| Lender | Rate | Processing fee | Tenure | EMI on ₹5,00,000 |
|---|---|---|---|---|
| Axis Bank Personal Loan | 9.99% – 21.55% | Up to 2% of loan + GST | 12 – 84 months | ₹10,621 |
| HDFC Bank Personal Loan | 9.99% – 24.00% | Up to ₹6,500 + GST | 12 – 60 months (up to 72–84 months for select segments) | ₹10,621 |
| ICICI Bank Personal Loan | 9.99% – 16.50% | Up to 2% of loan + GST | — | ₹10,621 |
| IDFC FIRST Bank Personal Loan (FIRSTmoney) | 9.99% onwards | 0% – 3.5% of loan (incl. GST); zero on select amounts | 9 – 60 months | ₹10,621 |
| SBI Personal Loan (Xpress Credit) | 10.00% – 15.00% | 1.50% of loan (min ₹1,000, max ₹15,000) + GST | 6 – 84 months | ₹10,624 |
| Bank of Baroda Personal Loan | 10.15% – 17.50% | Nil for government employees with BoB salary account; others 1% – 2% + GST (min ₹1,000, max ₹10,000) | Up to 84 months (salaried); 48 – 60 months (non-salaried) | ₹10,660 |
| YES Bank Personal Loan | 10.85% – 21.00% | Up to 2.5% of loan | 12 – 72 months | ₹10,834 |
| Kotak Mahindra Bank Personal Loan | 10.99% onwards | Up to 5% of loan + GST | 12 – 72 months | ₹10,869 |
Frequently asked questions
What is the HDFC Bank Personal Loan personal loan interest rate?
HDFC Bank personal loan rates start at 9.99% and go up to 24.00% p.a. (as of Sep 2026 (aggregator)). The rate you get depends on your credit score, income and loan details.
What is the EMI for ₹5,00,000 from HDFC Bank?
At 9.99% for 5 years the EMI is about ₹10,621, with total interest of ₹1,37,264.
What is the processing fee?
HDFC Bank: Up to ₹6,500 + GST. GST at 18% applies on fees.
What is the maximum tenure?
HDFC Bank: 12 – 60 months (up to 72–84 months for select segments).
Can I prepay or foreclose the loan?
HDFC Bank: Foreclosure: 4% of principal outstanding up to 24 EMIs, 3% from 25 to 36 EMIs, 2% after 36 EMIs (+ GST).
Information compiled from the lender’s published rates and reputable aggregators for comparison only. FinancePortal is not affiliated with HDFC Bank Personal Loan. Terms change — confirm with the lender.