HDFC Personal Loans

HDFC Personal Loans can be availed by the following groups of professionals:

• Salaried Individuals
• Self Employed Individuals
• Self Employed Individuals in private companies and partnership firms in manufacturing,trading or services

Each of the above groups of professionals encounter a specific set of criteria for sanction of loan. They are also required to present a specific set of document.

HDFC Bank,India, announced the arrival of the new generation, technology driven commercial banks in India. HDFC Bank in India was set up in August 1994 with the approval of Reserve Bank of India. The bank was promoted by Housing Development Finance Corporation Limited, a premier housing finance company of India (set up in 1977).

HDFC Personal Loans provide the following benefits:

• Loans up to Rupees one million for any purpose.
• Flexible Repayment Options ranging from 12 to 48 months.
• Repayment through Easy Monthly Installments (EMIs).
• Low Rate of Interest
• Hassle free loans - No guarantor/security/collateral required
• Speedy loan approval
• Service at the customer's doorstep