How Does HDFC Personal Loan Help You Plan Vacation?

hdfc personal loan
hdfc personal loan

We all look forward to vacation every year, but somehow things don’t go as planned due to financial problems. So, put a pin on your destination and plan your vacation with HDFC personal loan. Start searching for the best hotel, flights, etc. Now, calculate the total cost of your vacation. If an approximate figure is ready, check your HDFC personal loan eligibility. Read this page further and know how the loan can help you manage your vacation.

List of Benefits You’ll Get When Planning Vacation with HDFC Personal Loan

HDFC Bank will make your vacation memorable by providing you with the following benefits –

Flexible Loan Offer

HDFC Bank allows you to borrow a minimum amount of INR 50,000 to a maximum of INR 40 Lakh. And the loan will be based upon your creditworthiness based on your monthly income, credit score, etc.

No Need of an Asset

HDFC Personal Loan is unsecured, which means you don’t have to provide any valuable thing to get this loan. So, the bank cannot possess your things in case you default. But it could damage your reputation and make you ineligible for future credits.

Reasonable HDFC Personal Loan Interest Rate

Your loan amount will come with a starting interest rate of 10.50% per annum. And you need to repay the interest along with the principal amount in equal monthly installments. To calculate the total payable on HDFC personal loan interest rate, you can use the EMI calculator. An online tool for customers to check the payable EMI and interest amount.

Online Services for Customers

Using the HDFC Bank online services, you won’t be facing any problems during the loan application process. The following are such services –

  • Eligibility calculator – With the help of this online calculator, you can know the maximum amount you can borrow from HDFC Bank. Well, the calculator generates an approximate limit. However, the actual may differ. 
  • Pre-approved button – If you’re an existing customer, check the pre-approved offer by clicking on this button present on the personal loan page. And when you see you’re eligible for a pre-approved HDFC personal loan, the fund will be disbursed to your account within three seconds.
  • Application tracker – To track your loan application status, you can use the HDFC Bank online service. For this, you need to visit the official website of HDFC Bank. After that, go to the HDFC personal loan page and select the option of ‘Track Your Application’ from the sidebar. Enter your registered mobile number and the OTP you receive. When you follow this procedure, you get any one of the following results – in process, approved, rejected – as the case may be.
  • Loan management – You can manage your HDFC personal loan online without visiting the branch office. So, if you need to update contact details, log in to your account and do the same on your own. After entering the new address, submit the proof of it such as telephone bill, electricity bill, etc. Using the online services, you can also download the – account statement, interest certificate, closure letter. 

Choose a Tenure for HDFC Personal Loan

HDFC Bank personal loan comes with a flexible tenure of 12 to 60 months. And once you choose any term for your repayment, it can’t be altered. The longer the tenure, the more the EMI will be affordable. But it may lead to a high interest payout. That’s why you need the help of the HDFC Personal Loan EMI calculator to choose the perfect tenure.

Borrow HDFC Personal Loan Even with a Minimum Credit Score of 650

HDFC allows you to borrow money with a credit score of 650. But if your score is 750 and above, you could be eligible for more disbursal HDFC Personal Loan Interest rate. Such a credit score helps build an impression that you are a responsible borrower who knows how to manage debt obligations on time.


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