Avail Instant Personal Loans ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation!

HDB Personal Loan: Introduction

HDB Financial Services (HDBFS) is among the top Non-Banking Financial Companies (NBFCs) in the country, providing a range of loans to both salaried and self-employed individuals. From an unexpected medical emergency to a planned travel plan, and from debt consolidation to meeting your marriage expenses, personal loans have the unique feature of fulfilling a wide slew of fund requirements.

 

Now you can apply for an HDB personal loan on Finserv MARKETS. Get access to this superb loan offering from HDBFS on Finserv MARKETS.

Features and Benefits of HDBFS Personal Loans

  • Easy accessibility

    The HDB personal loan is convenient and hassle-free. You can easily avail of this loan online on the platform of Finserv MARKETS, through a smooth online process.

  • Can be availed by a range of individuals

    The HDB personal loan can be availed by a range of individuals. These include: Salaried individuals. Business owners. Self-employed non-professionals such as traders and manufacturers. Self-employed professionals such as doctors, Chartered Accountants etc.

  • Reasonable rates of interest

    As compared to other loan offerings, the HDB Finance personal loan has reasonable rates of interest. You can apply for this loan on Finserv MARKETS and get access to competitive interest rates ranging from 16% to 24% per annum.

  • Access to customised loans

    Based on your individual profile, the HDBFS personal loan is tailor-made to suit your unique requirements.

  • Quick approval and disbursal:

    Once your loan application on Finserv MARKETS is approved and verified, the HDB Personal loan is approved within 2 minutes and the funds can reach you within 2 working days.

  • Allows for added convenience

    To provide complete customer satisfaction, the HDBFS personal loan provides additional convenience features such as facility of loan top-up, facility of balance transfer and the provisions for part-prepayment and foreclosure.

  • No requirement for collateral

    The HDB personal loan, available on Finserv MARKETS, is a collateral-free loan. You are just required to fulfil the eligibility conditions, without the need of pledging any collateral.

Why Choose Finserv MARKETS for Personal Loans

Fast Online Processing

The Personal Loan application process is carried out online. You get an instant approval on your loan and money in your bank account in just 2 working days.

Minimal Paperwork Involved

You can get the loan with minimal documentation.

Transparency

Rest assured that you will be charged with absolutely no hidden charges.

Custom-made Loans

Get the best Personal Loan offers that meet your requirements, here. No need to look elsewhere!

Trusted Companion

Customers across India have chosen Finserv MARKETS as their trusted financial partner for Personal Loan. It's your turn now!

How to Apply for HDBFS Personal Loans

Here’s a step-by-step procedure, providing the details about the loan application process for the HDB personal loan at the platform of Finserv MARKETS.

  • Online Form Filling

    You are just required to provide details such as name, employment details, date of birth etc. And these details have to be provided online on Finserv MARKETS, from the comfort of your home or office. You are not required to make a physical visit to any branch.

  • Specify Personal Loan Details

    Once you provide your personal and professional details, you select HDB from the list of lending partners. You are now required to specify the details of your HDB Finance personal loan. These include the amount of your personal loan and the repayment tenure.

  • Approval and Disbursal

    Now that you have completed the requisite steps, your loan application, made on Finserv MARKETS, will be reviewed. After the details and documents are scrutinised, your HDBFS personal loan will be disbursed in less than 48 hours.

HDB Personal Loan: Eligibility & Documents

Eligibility Criteria
  • The applicant must be at least 21 years old at the time of application.
  • The applicant must not be above 60 years at the time of loan maturity (65 years for Government Employees.) (Terms and Conditions Apply)
  • The applicant must be a salaried individual with a minimum net monthly salary of Rs. 25,000, if living in a Tier 1 City and Rs. 20,000, if living in any other city.
  • The applicant should have drawn salary for minimum 1 month, with the current organisation.
Documents Required
  • Proof of Identity & Address Proof: Passport/Voters ID/Driving License/PAN Card/Aadhaar
  • Date of Birth Proof: Driving License / PAN Card / Passport / Birth Certificate / 10th / 12th mark sheet bearing date of birth
  • Bank Statements: Latest statements / Bank passbook (updated within 90 days)
  • Latest 3 Months Salary Slip along with latest Form 16 / ITR / Appointment Letter

HDB Personal Loan Interest Rate & Charges

Read on to know all about the HDBFS personal loan interest rate and charges: 

 

Particulars

HDB Personal Loan

Interest rate

16% to 24% p.a.

Processing fees

Up to 2% of the loan amount

Tenure

Between 12 and 60 months

Loan amount

Up to Rs. 20 Lakhs.

Frequently Asked Questions on HDB Personal Loan

  • ✔️How can I get HDB Financial personal loan?

    You can easily get access to HDB Finance personal loan at the platform of Finserv MARKETS. Download the Finserv MARKETS App for a hassle-free loan application process. You can also visit the HDBFS’ official web portal or make a branch visit.  

     

  • ✔️Can I close my HDB Financial personal loan after 1 year?

    Yes, foreclosure of the  HDB Finance personal loan is allowed after six months. You have to pay the requisite charges and the applicable taxes.

  • ✔️How to pay your HDB Financial personal loan EMI?

    You can provide standing instructions to your bank for regular payment of EMIs. You can also use the Net Banking facility to pay the HDB Finance personal loan dues. You can also use mobile-based Apps for regular monitoring and payment of your EMIs.

  • ✔️What are the minimum and maximum tenure of a personal loan in HDB Financial personal loan?

    The HDB personal loan tenures can range from a minimum of 12 months to a maximum of 60 months.

  • ✔️How much interest rate is charged by HDB Financial Services on personal loans?

    The interest rates for the HDB personal loan can range from a minimum of 16% to a maximum of 24% per annum.