Finance and Loans

HDFC bank personal loan is an unsecured loan, which means that you are not required to put anything as a security against the loan. Hence, this puts the bank in a delicate position. They evaluate your profile based on many factors such as the net monthly income, credit score, etc. Though, before applying for a personal loan you need to be sure about eligibility. What are the Eligibility Criteria for an HDFC Personal Loan? HDFC personal loan has flexible eligibility criteria based on various factors. Following are the generic eligibility requirements on which you need to stand on to make sure that the application is complete: Age: An applicant’s age should be a minimum of 21 years and a maximum of 60 years at the time of personal loan application. Working Experience: A borrower should have at least 2 years of working experience and must be working in the current organization for a minimum of 1 year. Employment: A borrower should be either self-employed or a sa...

At the decisive stages of life when we lack cash, we demand the personal loan. Because of digitization now we’re able to have it quickly when so many lenders coming online. But what about the supplementary benefits you can take apart from these personal loans. You might we wonder which bank offer additional benefits or can you really define them as additional benefits? Well, you can, few banks nowadays, provide additional benefits like insurance cover, accidental covers, quick approvals, and minimal documentation on personal loans.  HDFC Bank offers its loans at the at 10.99% p.a.  interest rate and they are also providing insurance cover and plenty more benefits with its personal loans. To experience more about the benefits, eligibility criteria to avail the personal loan, and most importantly the extra benefit, read this blog. What do you get when you apply for a personal loan from HDFC Bank? 1.  There is no requirement of collateral 2. You get  Instant...