I had availed a personal loan from HDFC bank in the year 2010 which would be ended in the next four months. The documentation process was very simple & completed very soon. It was a quick processing and my loan was disbursed within 10 days of time. They offered me a loan of rs1.50 lakhs at a rate of interest around 15%. Best thing is the rate of interest was reduced from 18% to 15% on negotiating.
06:02 PM - Sep 29, 2014
I had availed a personal loan from HDFC bank before 4 months. First of all I had contacted the phone banking of HDFC bank for a personal loan. One of the bank executive came to my place and collected my documents. After 4 days of processing they disbursed my loan at a rate of interest of 14.5%. However I don't recommend the bank due to high rate of interest & processing fees.
05:49 PM - Sep 29, 2014
There was a good follow up from the customer service representative of HDFC inspite of me not availing loan from them. There was a detailed description provided in terms of my loan status, terms and conditions etc. Overall its a excellent experience.
04:52 PM - Sep 29, 2014
My personal loan application was forwarded after submitting on line. However, there was not even a single call received from HDFC customer service team. As there was not proper response provided, I decided to approach some other banks.
05:55 PM - Sep 29, 2014
I am currently working for a MNC company, earlier with that I had applied for Personal loan with ICICI. I was so happy that I have been offered 4 lakhs by ICICI. It has been approved as well, I am about to pay my 2nd EMI with ICICI. I still require a top up loan for 2 lakhs , hence I have contacted HDFC for the same. They have taken all my documents, however there was no reply from the Bankâ??s end. It would be great, if they respond to the customer on time.
05:45 PM - Sep 29, 2014
Couple of years ago I had applied for a personal loan online and availed the loan from HDFC bank. The documentation process was very fast and my loan of rs1.5 lakhs was disbursed within 10 days of time at a rate of interest of 15.75%. I was recently looking for a loan transfer however HDFC bank has rejected my recent personal loan application since the physical verification was not successful. After few days they contacted me back for offering the loan however I refused to avail the loan.
04:43 PM - Sep 29, 2014
I have a good relationship with Bajaj finserv, so that's why I got the personal loan. I did apply on line and only 2 days was the overall processing. They charged 12% interest rate and also provided health insurance along with loan. I felt awesome to be with them. Whatever the product i had purchased still now, its from Bajaj finserv.
05:51 PM - Sep 29, 2014
Response was not much quicker than other banks. I haven't got proper response in terms of personal loan request. There were one or two calls which I received, however it was not up to my expectations. Website is quite descriptive and easier website.
05:43 PM - Sep 29, 2014
I had recently applied for a personal loan with HDFC bank. They had rejected my application stating some of the company license and other documents are found to be incorrect. The customer service and response are OK. I didn't know what was the exact reason for rejecting my application.
04:33 PM - Sep 29, 2014
The executives from Fullerton they came collected the documents and explained me about the process. I did not get any response after the submission of the documents i called to the customer service executive to know the status of the personal loan. Then they said that the loan was rejected due to the CIBIL scores are less.
05:51 PM - Sep 29, 2014
Bajaj finserv personal loan processing was faster and quick. Within 4-5 days, my loan amount was also credited. 14% was the interest rate offered. Customer service representative was too cooperative in overall loan processing. Keep up the good work!!
05:41 PM - Sep 29, 2014
The personal loan application was rejected by Fullerton India and the reason for rejection was that as per the Fullerton policy that the customer should have taken the loan earlier or need to have a credit card usage more than 6 months to process for the loan however the service from the customer service executives was good.
04:21 PM - Sep 29, 2014
Are legally adult enough to handle it
Have still got it
Get a regular pay check
Make more than a basic buck
Minimum income required
Rs.17,500 per month
Maximum allowed personal loan is Rs. 50K to Rs. 30 lakhs
EMIs of other loans lower
Pay off your credit card bills
Choose longer tenure loan up to 5 Yr years
|Interest Rate (Monthly reducing balance)||13.49% - 34%|
|Loan Tenure||1 year to 5 years|
|Pre-closure Charges||2% - 5%|
|Guarantor Requirement||No guarantor required|