In today’s times, securing a loan can be extremely difficult for individuals with a low income. Do you also have a modest salary? Are you in need of a loan? HDFC Bank has now brought good news for those with lower incomes. HDFC Bank is offering its customers the facility of obtaining a personal loan, even on a modest salary.
According to reports, HDFC Bank is now providing personal loans of up to ₹2 lakh to customers earning a monthly salary of ₹12,000 or more. If an individual requires funds for medical expenses, travel, education, marriage, or other purposes, they can avail of a personal loan from HDFC Bank.
What is HDFC Bank Personal Loan?
Every bank offers personal loan facilities to its customers, though their terms and conditions vary. Similarly, HDFC Bank is also providing its customers with the facility to avail a personal loan ranging from ₹50,000 to ₹2,00,000, based on a monthly salary of ₹12,000. HDFC Bank customers can receive the loan amount directly into their accounts within just a few hours, right from the comfort of their homes. Furthermore, customers can repay their loans through easy EMIs.
Who is eligible for a HDFC Bank Personal Loan?
If you wish to apply for a HDFC Bank loan online, you must fulfill certain general eligibility criteria, which are listed below:
- The applicant must hold Indian nationality.
- The applicant must have a regular source of income.
- The applicant must have a good CIBIL score.
- The applicant’s age must be between 21 and 60 years.
- The applicant must have an active account with HDFC Bank.
How to Apply for an Online Personal Loan at HDFC Bank?
If you wish to apply for an online Personal Loan at HDFC Bank, please follow the steps given below:
- Download the HDFC Bank App on your mobile phone.
- Log in using the mobile number linked to your bank account.
- Go to the ‘Loans’ section.
- Select the ‘Personal Loan Offer’.
- Fill in your income details and other relevant information.
- Complete the necessary KYC verification.
- Submit your application.
Required Documents
The documents required to obtain a Personal Loan from HDFC Bank are listed below:
- Passport-sized photo
- Aadhaar Card
- Bank Statement
- PAN Card
- Salary Slip or Proof of Income
Hi, I’m Ronak, a news writer covering the latest updates in automobiles, education, smartphones, and trending topics. I focus on delivering simple, clear, and timely news to keep readers informed about what’s happening around the world.