HDFC Personal Loan of 20000

Established in 1994, HDFC Bank is your trusted financial partner for all your personal financial needs. The bank understands that life is full of dreams and aspirations, and sometimes you need that extra financial support to make them a reality. That’s where HDFC Bank’s personal loan offerings come into the picture. 

With HDFC Bank Personal Loans, you can expect a hassle-free and swift application process, competitive interest rates, and flexible repayment options crafted especially for your financial needs. Our commitment to providing transparent and customer-friendly services ensures that you have a seamless borrowing experience, allowing you to focus on what matters most to you.

Whether you are a salaried professional or self-employed, HDFC Bank Personal Loans are crafted to cater to a diverse range of needs. Today, we will learn about HDFC Bank Personal Loan interest rates, fees and charges, eligibility criteria, and more. 

HDFC Bank 20,000 Personal Loan – Highlights

Here’s a quick look at the highlights for HDFC Bank Personal Loan for 20,000.

20,000 Personal Loan EMI for 1- 5 & 10 Years

Take a look at 20,000 personal loan EMI for HDFC Bank. 

Compare 20,000 Personal Loan from Other Banks & NBFC.

Here is a quick comparison between HDFC Bank personal loan for 20,000 along with other leading banks and NBFCs. 

20,000 HDFC Personal Loan – Fees and Charges

Any individual applying for an HDFC personal loan will need to pay the following fees and charges. 

• An individual will need to pay a processing fee of ₹4,999
• 18% GST will be applicable
• Additional charges, such as stamp duty charges, document verification charges and incidental charges, can also apply

20,000 Personal Loan Document HDFC Bank

Here is a quick rundown of the documents required for 20,000 personal loan from HDFC Bank. 

• Completed Loan Application Form

Any one document for identification: 

• Aadhar card
• Voter’s ID
• Valid Passport
• Driver’s licence
• Any other acceptable form of identification

Document(s) required as address proof: 

• The last three months’ utility bills
• Aadhar card
• Voter’s ID
• Any other relevant documents supporting your address

Income Documentation:

• Recent salary receipts
• Audited balance sheet along with P&L account
• Any other documents substantiating your income

20,000 Personal Loan Eligibility HDFC Bank

Here are the eligibility criteria required to avail 20,000 personal loan from HDFC Bank. 

• The person should be salaried/self-employed or a government employee.
• He or she should be between 21 to 60 years of age. 
• The applicant must have a minimum monthly income of INR 25,000.
• The individual should have a minimum of 1 year of work experience at the current organisation. Minimum of 2 years of overall work experience.
• The applicant should be an Indian citizen.