HDFC Personal Loan of 10000

Get in Touch for Personal Loan Expert Advice
Connect with our Personal Loan Advisor Now!
  • Personalized Personal Loan solutions
  • Expert guidance
  • Application assistance
  • Credit score discussion
  • Personal Loan Interest rate comparison
+91
Choose City

Written By
Hepson Franklin
Hepson Franklin
Hepson Franklin is a seasoned financial expert and accomplished writer specialising in Financial Services, Investments, Loan Assessments, Mutual Funds, Banking & loan products. With a wealth of experience in the financial industry, he has established himself as a trusted voice, providing invaluable insights and guidance to both seasoned investors and those new to the world of finance. With a comprehensive understanding of the intricate facets of the financial landscape, he is dedicated to demystifying complex financial concepts for readers of all backgrounds.
Reviewed By
Piyush Bothra
Piyush Bothra
Chief Financial Officer, Square Yards
Piyush Bothra is the Chief Financial Officer at Square Yards, bringing over two decades of rich experience in finance and leadership. He is an MBA graduate from the prestigious IIM Lucknow and holds a BE in Information Technology from Sardar Vallabhbhai Patel Institute of Technology. He has played pivotal roles in scaling businesses and driving financial strategies. At Square Yards since 2015, Piyush is known for his strategic vision, strong financial knowledge, and valuable financial insights, significantly contributing to the company's growth and success.

The HDFC Bank personal loan of 10,000 offers financial assistance to fulfil personal expenses. These loans are as easy to repay as they’re to borrow. One can easily settle the personal loan in Equated Monthly Instalments (EMIs), which are majorly influenced by the loan tenure and the 10,000 loan interest rate.

Currently, these loans start at an interest rate of 10.50% p.a. As the loan tenure increases, the monthly repayments on the loan decrease. Look at the loan’s EMI schedule for up to 5 years and see how the two factors affect the monthly repayments.

HDFC Bank 10,000 Personal Loan – Highlights

Before moving on to the HDFC 10,000 personal loan EMIs, take a quick overview of the loan. 

Loan Amount  10,000
Maximum Loan Tenure Up to 6 years
Rate of Interest (p.a.) 10.50%-25.00% p.a.
Pre-approved Loans  Available 
Collateral Requirement  NIL

10,000 Personal Loan EMI for Up to 5 Years

Here are the HDFC 10,000 personal loan EMIs scheduled for up to 5 years, calculated at the starting rate of 10.50% p.a.

Loan Tenure Loan Amount Interest Rate (p.a.) EMI
1 Year ₹10,000  10.50% ₹881
2 Years  ₹10,000  10.50% ₹464
3 Years ₹10,000  10.50% ₹325
4 Years ₹10,000  10.50% ₹256
5 Years ₹10,000  10.50% ₹215

Comparing 10,000 HDFC Personal Loan With Other Lenders

Look at how the instant 10,000 loan from HDFC Bank compares with similar offers from other banks and NBFCs.

Bank Name Interest Rate (p.a.) Maximum Loan Tenure
Bank of India 10.25% onwards Seven years
ICICI Bank 10.50% onwards Seven years
State Bank of India 10.55% onwards Six years
TATA Capital  10.99% onwards Six years
KreditBee 16% onwards Two years

10,000 HDFC Personal Loan – Fees and Charges

Apart from the 10,000 loan interest rate, borrowers are also required to pay the following charges:

  • A processing fee of ₹4,999
  • A Goods and Services Tax (GST) of 18%, as mandated by the government
  • Other charges, such as the stamp duty charge, document verification charge and incidental charges, may also apply

10,000 HDFC Personal Loan – Documents Required

Customers must submit the following 10,000 personal loan documents to HDFC Bank to successfully apply for the loan:

  • Duly Filled Loan Application Form 
  • Identity Proof: Aadhar card, Voter’s ID, Valid Passport, Driver’s license, others
  • Address Proof: Last three months’ utility bills, Aadhar card, Voter’s ID, and other documents
  • Income Proof: recent salary receipts, audited balance sheet and P&L account, others

10,000 HDFC Personal Loan – Eligibility Criteria

The 10,000 personal loan eligibility for HDFC Bank customers is listed below:

  1. Eligible Applicant: Salaried/ Self-Employed/ Government Employee
  2. Age Limit: 21-60 years
  3. Minimum Income: 25,000 per month
  4. Minimum Work Experience: 1 year at the current organisation and two years in general
  5. Citizenship: Indian citizen

Personal Loan By Banks

Urban Money