Monday, February 15, 2010

HDFC Bank Personal Loans

HDFC Bank Personal Loans are given to both individual and corporate borrowers. The HDFC Bank offers quick and easy personal loans that carry competitive interest rates. All financial products from HDFC Bank are made and executed according to rules formulated by the Reserve Bank of India (RBI).

HDFC Bank personal loan is available to both salaried and professional persons. Personal Loan amount varies from Rs. 1 lakh to Rs. 20 lakhs. Loan repayment tenure extends from 1 year to 5 years. HDFC Bank Personal Loan application Procedure is very simple and involves minimal documentation.

Features and benefits of HDFC Bank Personal Loan -
  • Attractive Personal Loan Rates
  • A balance transfer facility available for those who want to retire any higher cost debt
  • Loans available against repayment track record of any existing Auto Loan, Personal Loan or Home Loan
  • Zero balance SB account facility for Personal Loans customers
  • Simple procedure, minimal documentation and quick approval
To apply HDFC bank personal loan the applicant need to go to the nearest branch office of HDFC bank or Can apply online at HDFC bank's Official website.

The loan applicant must have a minimum of 21 years and maximum of 60 years to get eligible for HDFC bank personal loan. The applicant need to earn atleast 1.5 lakh per annum to get the personal loan approved from HDFC bank.