features hdfc loans
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HDFC Bank brings to you Loan Against Property (LAP). You can now take a loan against your residential orcommercial property, to expand your business, plan a dream wedding, fund your child's education and much more.
You can depend on us to meet all your business requirements even to purchase a new shop or office for yourbusiness. Loan to purchase Commercial Property (LCP) is a specially designed product to help you expand yourbusiness without reducing the capital from your business.
Features & Benefits
Loans to expand your business or to meet any personal need
Residential & Commercial properties accepted
Maximum Loan to value*
Flexible product offerings - EMI based loan / Overdraft facility available.
High tenure loans for ease of repayment.
Attractive interest rates.
Specially designed products for Self Employed.
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HDFC Loan Against PropertyIf you are in need of a large amount of money and also have a property in your name,then availing that money as loan is not a big deal. Although banks offer various kindsof personal loan such as education loan, car loan, marriage loan and so on, it always
sets certain limitations. That is why the HDFC bank has come out with LAP also calledthe HDFC loan against property. This LAP or the HDFC loan against property is givenon your present property which is owned by you without the need of selling or rentingthe same. Thus, you can now take loan against a residential or a commercial property
for a number of purposes.
Purpose of availing HDFC loan against property
Loans are availed for a number of purposes and it varies from one person to the other.Some avail loans for expanding their businesses, some avail the same to plan out adream wedding and some use it for their child's education purposes. However, the
reasons can be never ending. Let us have a look at a few of them one by one:
Loan against property for expanding business: This is the most commonly availedloan. There are a number of small scale business that dream of becoming big. But
without proper finances and financial assistance, this is not possible. That is why, theHDFC loan against property is given in order to expand business and aim for a better
future.
Loan against property for funding your child's education: HDFC bank gives loans forsupporting your child's education throughout all the stages. Once your child completes
his/her education you can easily repay the whole amount.
Loan against property for renovation purposes: We often dream of a lavish house withall the necessary equipments in it. But, seldom this dream is turned true. But with thehelp of HDFC LAP you will able to fund your house and renovate it the way you want
to.
HDFC bank also gives loan against gold, loan against securities and loan againstland.
Loan Feature
Loan Amount 4% of the outstanding principal
Interest Rate N.A.
Tenure Upto 50% of value of the property
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Pre Payment Charges 4% of the outstanding principal
Service Charges
Loan Processing Charges:
2% of the loan amountPre-payment charges:
4% of the outstanding principal (pre-payment is allowed only after 6 months)Charges for late payment of EMI:
2 % per month on overdue EMI amountCharges for changing from fixed to floating rate of interest:
0.25% of the loan amount
Eligibility Criteria : Loan Against Property
Salaried Self
Age Age criteria not provided Age criteria not provided
Income Income criteria not provided Income criteria not provided
Job Experience Job experience not provided Job experience not provided
Residence Proof Residence proof not provided Residence proof not provided
Docs Required : Loan Against Property
Salaried Self
ID ProofPAN card/voters ID/
passport/driving licensePAN card/voters ID/
passport/driving license
Address ProofRecent telephone bill/electricity bill/property
tax receipt/passport/voters ID
Recent telephone bill/electricity bill/property
tax receipt/passport/voters ID
DOB Proof 10th class certificate 10th class certificate
Financial Docs Statements (latest 3 months bank
statement / 6 months bankpassbook)
Bank Statements(latest 6 monthsbank statement /passbook)
Latest ITR along with computation of
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Latest salary slip or current datedsalary certificate with latest Form 16
income, B/S & P&L a/c for the last 2yrs. certified by a CA
Qualification proof of the highestprofessional degree
HDFC Personal Loan
Whatever the occasion, the range ofHDFC Personal Loanscan help.HDFC bank offers
1. Borrow up to Rs 15,00,000 for any purpose depending on your requirements.
2. Flexible Repayment options, ranging from 12 to 60 months.
3. Repay with easy EMIs.
4. One of the lowest Personal Loan Rates.
5. Hassle free Personal Loan- No guarantor/security/collateral required.
6. Convenience of service at your doorstep.
7. Speedy loan approval.
8. Personal Accident Cover Insurance.
9. Credit Shield.
Top of Form
Apply HDFC Personal Loan
Bottom of Form
Req_Loan_Perso HD SEO 1
/hdfc-personal-lo
FullName
:City :
Please Select
DOB :
DD
MM
YYYY
OtherCity :
Other City
Mobile :
+91Pincode
:
EmailID :
Company Name :
Occupation :Employment Status
Annual Income :
Loan Amount :
Credit Card Holder?Yes No
I have read the Privacy Policy and agree to the Terms And Condition
Submit
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Eligibility Criteria for HDFC Bank Personal Loan
Age of Applicant Min-21 years ; Max-60 years.
No. of years in employment 2 years & above
Current Experience 1 year & above
Net Monthly Income
Rs. 15,000/- & above (cat-A companies) Rs. 20,000/-
& above (non-listed companies)
Loan Amount offered by HDFC Bank
Minimum Funding Rs. 50,000/-
Maximum Funding Rs. 15,00,000/-
Loan Tenure offered by HDFC Bank
Minimum Tenure 12 months
Maximum Tenure 60 months
Turn Around Time of HDFC Bank Personal LoanSalary below Rs. 75,000 working days (48 hours).
Salary above Rs. 75,000 7 working days
Processing Fee of HDFC Bank Personal Loan
Salary account holder 2% of loan amount
Nonsalary account holder 2.5% of loan amount
Prepayment Charges of HDFC Bank Personal Loan
Foreclosure Charges4% of outstanding principal (Can be foreclosed after
6 months only)
Salary available for making EMIs
Up to Rs. 25,000 p.m 35% of salary is considered
Bet Rs. 25,000 to Rs. 50,000 p.m. 40% of salary is considered
Above Rs. 50,000 p.m 45% - 50% of salary is considered
Documents Required for HDFC Bank Personal Loan
Identity Proof
Passport/ drivinglicense/PAN card/Photo credit card(with embossed
Signature and lasttwo monthsstatement)/bankers sign
verification
Age Proof PAN Card/
Passport/ DrivingLicence/ School
leaving certificate/Voters card/
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BirthCertificate/LIC policy (only for
age Proof).
Address Proof
Passport/
Telephone bill(BSNL/MTNL)/Electricity bill/
Title deed ofproperty/Rental
agreement/Driving license/Election ID card/
Photo-credit card(with last two
monthstatements)
Income Proof
Latest salaryslip/current dated
salary Certificatewith latest form 16
Job Continuity Proof
Form 16/relieving
letter/appointmentLetter (for last two
months)
Banking History
Bank statementsof latest 2
months/ 3 monthsbank passbook
Borrow up to Rs 15,00,000 for any purpose, depending on your requirements.
Repay with easy EMIs.
Avail Attractive Interest Rates
Hassle-free Loans - No Guarantor / Security / Collateral required
Speedy Loan Approval.
Flexible repayment options, ranging from 12 to 48 months.
Convenience of service at your doorstep.
Credit Shield.
Personal Accident Cover.
Salaried Individuals include Salaried Doctors, CAs, employees of select Public and Privatelimited companies, Government Sector employees including public sector undertakings and
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Proof of Identity (Passport Copy/ Voters ID card/ Driving Licence)
Address Proof (Ration card Tel/elect. Bill/ Rental agr. / Passport copy/Tradelicence /Est./Sales Tax certificate)
Bank Statements(latest 6 months bank statement /passbook)
Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs.
certified by a CA Proof of continuation (Trade licence /Establishment /Sales Tax certificate)
Other Mandatory Documents(Sole Prop. Decl. Or Cert. Copy of PartnershipDeed,Cert. Copy of MOA, AOA & Board resolution.)
Self Employed (Pvt Cos and Partnership Firms) include Private Companies andPartnership firms in the Business of Manufacturing, Trading or Services
Eligibility Criteria
Years in business: Minimum of 3 years in current business and 5 years totalbusiness experience
Business must be profit making for the last 2 years
Minimum Annual Income: Rs 100000 p.a.
Available in select cities
Documents required:
Address Proof (Ration card Tel/elect. Bill/ Rental agr. / Passport copy/Tradelicence /Est./Sales Tax certificate)
Bank Statements(latest 6 months bank statement /passbook)
Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs.certified by a CA
Proof of continuation (Trade licence /Establishment /Sales Tax certificate)
Other Mandatory Documents (Sole Prop. Decl. Or Cert. Copy of Partnership Deed,
Certified true copy of Memorandum & Articles of Association (certified by Director) &Board resolution (Original).)
Credit Shield
In case of Death or Total Permanent Disability of the loanee, the loanee/nominee
can avail of the Payment Protection Insurance (Credit Shield) which insures the
Principle Outstanding on the Loan up to a maximum of the loan amount.
Principle Outstanding is defined as the amount of loan outstanding (not including
any arrears in payment or interest thereon) at the Date of Loss, having accounted
for payments made and interest accruing as determined in the Policy.
Hence, the amount covered does not include any Principal added because of non -
payment of EMI and also will not include interest/ accrued charges.*
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Personal Accident Cover
In order to ensure that your family is taken care of, we also offer a Personal
Accident cover of Rs.2,00,000 at a nominal premium.*
* Premium will be charged for both these products which will be deducted from the
loan amount at the time of disbursal. A transaction fee of Rs.350 will also be
deducted at the time of disbursal. Please note that service tax @ 12.36% will also
be charged.
If you are an HDFC Bank account holder, we have special rates for you.
If you are an existing Auto Loan customer with a clear repayment of 12 months or
more from any of our approved financiers or us, you can get a hassle free Personal
Loan (without income documentation).
If you are an existing HDFC Bank Personal Loan customer with a clear repayment of
12 months or more, we can Top-Up your personal loan.
nk, we understand that you need more than just finance for your dream car. Thus we offer you a complete package oes & competent guidance along with 100% finance on select models. So come to HDFC Bank Auto Loans and put y
track.
Features & Benefit
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er to your life. Unlock the value of your gold while you continue to own it.
d Loan, you can get an instant loan against your gold jewellery and ornaments.
fits
10,00,000 & upto 90% of value.
your Gold Jewellery
dity
y Interest and enjoy the Loan facility
s - Your savings can be Invested in several Investment Avenues
Bank customer, we have special rates for you !!!
mentation
individual, professional or a businessman, we have loan designed to suit your requirement.
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plicant at loan application should not be more than 65 years
ld be owned by you or any of the family member.
ired
ssport Copy/ Voters ID card/ Driving License).
on card/ Tel, Electricity. Bill/ Rental Agr. / Passport copy/Trade license /Shop & Est License./Sales Tax certificate).
ssport Copy/Driving License/Banker's verification/cheque)
ographs.
anted only for personal purposes. Loan Amount can not be used for speculative activities or any purpose linked to capital market activities or for any anti social purposes.All credit
Gold Loan
Description of Charges Gold Loan
Loan Processing Charges Upto 0.50% of loan amount
Valuation Fee Nil
No Due Certificate / No Objection Certif icate (NOC) Nil
Duplicate no due certificate / NOC Not Applicable
Solvency Certificate Not Applicable
Charges for late payment of loan amount 2% p.a. as penal interest over and above applicable rateof interest.
Charges for changing from fixed to floating rate ofinterest Not Applicable
Charges for changing from floating to fixed rate ofinterest
Not Applicable
Stamp Duty & other statutory charges As per applicable laws of the state.
Credit assessment charges Nil
Non standard repayment charges Not Applicable
Outstation clearing charges Not Applicable
Cheque swapping charges Not Applicable
Loan cancellation / re-booking charges Not Applicable
Bounce Cheque Charges Not Applicable
Statement Charges (per statement) Not Applicable
Duplicate Repayment Schedule charges Not Applicable
Legal, Repossession & Incidental charges As incurred by the Bank.
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Renewal Processing Fees Rs 500/-
All fees & charges mentioned in the Tarriffs, Charges or Fees Brochures will attract Service Tax @ 10% & Education Cess @ 3% ofthe service tax amount. The same will appear as separate debits in the statements.
Please note that the loan is granted only for personal purposes. Loan Amount can not be used for speculative activities or any
purpose linked to capital market activities or for any anti social purposes.All credit is at the absolute discretion of HDFC Bank.
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