Need Rs 40 lakh urgently? HDFC Bank's express personal loan has you covered

Whether it's a wedding, home repair, or a medical emergency, people often opt for loans when sudden financial needs arise. This article provides comprehensive information about HDFC Bank's personal loan.

What is HDFC Bank Express Personal Loan? It's an unsecured loan; you don't need to pledge any collateral. Approval depends on your credit score and income. You can borrow up to ₹40 lakh. Applicants must be between 21 and 60 years old with a credit score above 720. A monthly income of ₹25,000 and at least two years of work experience in a private limited or public sector company are required.

What is the interest rate? Interest rates for HDFC Bank Express Personal Loans range from 10.85% to 24.00%. Processing fees can be up to ₹6,500 + GST. A stamp duty also applies as per state law. For more information, contact the bank's customer service.

Required documents: ID proof/address proof, 3 months bank statement/6 months passbook, 2 months' salary slips/salary certificate with Form 16. How to apply: Select your profession, verify yourself with mobile number and DOB/PAN, provide personal details, verify income, check loan offers, complete Aadhaar-based KYC.