Ajit Samal
by on July 6, 2021

If you are musing to borrow from your friends yet. Don’t consider it anymore as HDFC personal loan 2021 is here to be your financial back! The Bank offers various personal loan schemes and offers at affordable interest rates to eligible customers. HDFC Bank consumer personal loan eligibility is determined on the basis of factors such as occupation, age, salary, and credit score.

You can avail of personal loan from HDFC Bank, albeit you're salaried or self-employed. The eligibility criteria, however could also be slightly different for self-employed. A detail information on these elements are stated below: 

HDFC Bank Personal Loan Eligibility Criteria

 The following are some core eligibility requirements that applicants got to qualify in order to avail of a HDFC Bank Personal Loan:

  • Your age should be at least 21 years old and your maximum age should not exceed 60 years at the time of loan application.
  • You should be an employee of a Pvt. Ltd. company or employee of a public sector undertaking that has central, state, or local body.
  • You should be functioning with your current employer for at least 1 year and must have a total working experience of at least 2 years at the time of loan application.
  • Your minimum income of per month must be Rs. 25,000.

HDFC Personal Loan Eligibility Calculation

Personal Loan Eligibility calculator available on helps you to figure out if you are eligible for HDFC Bank personal loan from the comfort of your home or office. The personal loan eligibility calculator is quite simple to use and asks for nominal information such as monthly income, mobile number, current city, occupation type, loan amount, etc. so as to check your eligibility with the bank.

HDFC Personal Loan 2021 offers Amazing Benefits

With HDFC Bank, you can avail of the best Personal Loan in India at an attractive rate of interest which can range from 11.99% p.a. HDFC Personal Loan from self employed and individuals are popular as compared to other loans in India since the bank extends a multitude of appealing features and benefits.

You also get the pliability of paying off your Personal Loan within a tenure between 1 year to 5 years. The loan amount can be availed of as high as Rs. 40 lakhs counting on your eligibility, which may support you to achieve your goals easily.

Below are the best reasons why you should think about a loan from HDFC rather than asking for funds from your friends:

  • Instant Approval - HDFC Personal Loan offers quick in-principal approval for online applications. Within a matter of 4 hours of ultimate authorization (which takes place post successful verification checks), the funds are credited into your registered bank account if you meet the HDFC Personal Loan eligibility.
  • Personal Loan Eligibility Calculator - Personal Loan eligibility differs from individual to individual. The most significant criterion is income. Your credit score should additionally be healthy. Other elements such as your age, nature of employment, repayment capacity, etc. also are taken into consideration.

HDFC Personal Loan eligibility calculator renders you a transparent idea of the utmost loan amount you can be eligible for.

  • Personal Loan EMI CalculatorHDFC Personal Loan EMI calculator renders a fair picture of your monthly outlay. You are only required to key in your loan amount, repayment tenor, and rate of interest. In a few seconds, you can avail of an estimated amount of your monthly outflow.
  • Online Application – You can apply for Personal Loan from HDFC online. It is a simple process. Simply visit the HDFC’s official portal and submit the Personal Loan application after duly filling it in and do not forget to attach the required documents along with them. You can specify the loan quantity and repayment tenure, upload the requested documents, and then submit it. As soon as the verification happens, the loan amount gets disbursed directly into your account within a matter of hours and within seconds in case of a pre-approved loan offer.
  • Smooth DocumentationHDFC Personal Loan 2021 documentation is quite simple. It just consists of loan application filling and submitting along with the necessary documents.
  1. KYC documents & Permanent Account Number (PAN)
  2. Salary slips of last 3 months
  3. Statements of bank accounts of last 6 months

The Bottom Line

To sum up, borrowing from your friends or family can help you temporarily but it may also ruin your priceless relation with them. Thus, it is not a wise decision to get fund facilitation from them. Instead, consider a Personal Loan which is not affect anything on your relation.


HDFC Bank stands out from others as it offers great deals on Personal Loans. Yet, you should consider studying the loan product thoroughly and wisely and then finalize accordingly.

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