Multiple banks. Different interest rates. Call it a "conflict of interest".
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    We found 1 HDFC Bank Loan Against Securities

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    10.99% - 19.8% Fixed
    Up to 2% One time fee
    25L Max
    1-5 years
    Response Time Within 30 minutes
    Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews

    HDFC Bank Loan Against Securities is Rated as "Great!" by 12729 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    HDFC Bank Loan Against Securities

    Overview about HDFC Loan against Securities

    This loan is provided to individuals against their held securities, instead of selling their shares when in need of finance. With this product an applicant can get finance with pledging their share and securities for finance from HDFC Bank. The securities can be equity shares, mutual funds, deposit certificates for gold, National Savings certificates, Kisan Vikas Patra, or Debentures that are non-convertible

    What is the eligibility criteria for HDFC Loan Against Securities?

    In order to apply for the HDFC Loan against Securities, the applicant needs to match the following criteria:

    • The applicant must be a resident of the country
    • The applicant can be Resident Indians, NRI, HUF, Sole Proprietorship, Partnership firm, Pvt. Ltd. Company for certain types of securities.

    What is the maximum amount of loan I can avail?

    The loan amount provided will be a minimum of Rs. 2, 00, 000/-

    What is the rate of interest on HDFC Loan against Securities?

    Product

    Interest Rate range

    Loan against equity securities

    10.15% - 13.95%

    Loan against debt securities

    9.45% - 13.00%

    What are the documents required for HDFC Loan against Securities?

    HDFC Bank Loan against Securities Documents required will be

    • Proof of identity
    • Signature proof
    • Proof of residence
    • In the case of HUF, Sole Proprietorship, Partnership firm, Pvt. Ltd. Company, a copy of the Balance Sheet, last 2 years Profit and Loss accounts, and IT returns for 2 years.

    What are the terms for HDFC Loan against Securities?

    1. Pre-payment charges will be allowed only post 6 months, and will be charged 2% will be charged if pre-closed before end of tenor.
    2. Processing fee of 1.00% of the loan amount or a minimum of Rs. 2000, and standard taxes and charges like stamp duty will be applicable as well.
    3. The loan amount will only be disbursed after the documents are submitted along with the pledge
    4. Pledging fees of up to Rs.5/- per NSC/KVP/Bond/Insurance Policy/MF Unit Certificate
    5. The margin requirement will be reviewed on a regular basis.
    6. The applicant will need to provide the bank with details on the change of job or home address if any.

    How do I apply for this loan?

    The application form can be downloaded from the website, but you will also need to visit the branch nearest to you with the form and related documents. You can also apply for this loan via net banking in 3 simple steps:

    1. Login to your net banking using your credentials.
    2. Click on the Demat tab, then click request
    3. Click on loan against securities, and select their shares from your Demat account.
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  • HDFC Bank Loan Against Securities Reviews

    • HDFC Bank Personal Loan
      "Average Service"
      0.5 3.0/5 "Satisfactory"
      Basically I have got a text message from HDFC bank to get the personal loan with 11.99 % interest rate, but later when I approached them they have increased the rate of interest upto 12.99% , in case if we need a higher loan amount. The customer service and the response is very much average with HDFC bank. The Hdfc bank need to stick on to their promises.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 25, 2017
    • HDFC Bank Personal Loan
      "Average"
      0.5 4.0/5 "Great!"
      I have got the personal loan from the HDFC bank and the interest rate was around 16%. The customer service was not that great as there was a bit of delay and the response is not so good. Customer service is an average one with them till now. Processing charges were around 1700 Rupees on my personal loan application.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jul 24, 2017
    • HDFC Bank Personal Loan
      "Better Service"
      0.5 3.0/5 "Satisfactory"
      Actually I was looking for the personal loan so I applied with HDFC bank but I do not need the loan for time being so I just closed the loan application. The response and the customer service is ok and I had no issues with the bank while applying for the loan.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 24, 2017
    • HDFC Bank Personal Loan
      "Quick response"
      0.5 5.0/5 "Blown Away!"
      HDFC Bank had done a great job for the personal loan application. It is just that I felt it was not necessary to go ahead at that moment and therefore I had cancelled the deal. The services and response was good and the overall experience was on time and smooth. The deal on the interest rate and charges were also pretty normal too.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jul 24, 2017
    • HDFC Bank Personal Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      Recently I availed personal loan from HDFC bank. They provided a good service for my loan application. The bank quoted good interest rate and I had no issues with the bank at any point of time during the loan process. The customer service is also good.
      Was this review helpful? 0
      , chennai
      Reviewed on Jul 24, 2017
    • HDFC Bank Personal Loan
      "Fast process"
      0.5 4.0/5 "Great!"
      After me applying at HDFC Bank for the personal loan. I got the funds within three days. The process has been perfect and super fast.The customer services are also good and the overall experience is satisfactory. I got a better deal on the rate of interest and processing charges as my company is a listed one.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Jul 24, 2017
    • HDFC Bank Personal Loan
      "Great support"
      0.5 5.0/5 "Blown Away!"
      HDFC bank provided the great support when I approached them for the personal loan. They done the loan process in a good manner and their customer service is really good. They promptly assisted me and there was no delay during the loan process. Moreover interest rate is good.
      Was this review helpful? 0
      , agra
      Reviewed on Jul 24, 2017
    • HDFC Bank Personal Loan
      "Hidden charges are there"
      0.5 2.5/5 "Just OK"
      For the personal loan, HDFC bank quoted 10.99% of interest rate so I applied for the loan with them. But they charged more for EMI conversions like ECS, insurance and other hidden charges as well. Also they did not sanction the promised loan amount.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 24, 2017
    • HDFC Bank Personal Loan
      "Satisfactory"
      0.5 5.0/5 "Blown Away!"
      HDFC Bank has offered me a personal loan as well. The process was smooth and easy. The paper work was minimal and overall I had no issues. I got the loan amount I was needing and the interest rate and processing charges was normal and the ECS deductions was smooth as well after the loan was disbursed.
      Was this review helpful? 0
      , indore
      Reviewed on Jul 23, 2017
    • HDFC Bank Personal Loan
      "Professional services"
      0.5 5.0/5 "Blown Away!"
      HDFC Bank was very professional in the personal loan process. The bank contacted me on time and informed me the details and they also collected the paper works on time. I had no issues in getting my loan through with them. Just that the interest rate was a bit higher, it was around 15%. I am happy that the bank values me as a customer.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jul 23, 2017
    • HDFC Bank Personal Loan
      "Not happy with the services"
      0.5 2.0/5 "Expected more"
      I did not take the personal loan from HDFC Bank because I got a better rate of interest from another bank. More over the bank did not contact me as well. There was a complete zero response. They did not call me to even check what my requirement was about.
      Was this review helpful? 0
      , agartala
      Reviewed on Jul 23, 2017
    • HDFC Bank Personal Loan
      "Useless bank"
      0.5 0.5/5 "Unacceptable"
      Dont apply personal loan with HDFC. 1st they will call you telling, Sir you have a HDFC salary account so you are eligible PL for 3 lakhs, when i applied they said sir your personal loan is rejected as it did not met internal policies. My Cibil was 765 No other loans PAN CARD AADHAR is upto the mark Salary is 36K take home Address proof also is Authentic. Then why, they only say did not met internal criteria, if did not met that, why the hell you call at all asking us to take a loan with you(HDFC). Opt for ICICI or Axis guys don't use HDFC. Regards
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 21, 2017
    • HDFC Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The HDFC bank service is really good in concern to my personal loan. The customer service and the response was good with HDFC bank. The rate of interest is nominal with HDFC bank. I have choose the HDFC bank for my personal loan because of their low interest rate.
      Was this review helpful? 0
      , pune
      Reviewed on Jul 19, 2017
    • HDFC Bank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      HDFC bank just took 2 days of time to disburse my personal loan. The customer service and the response is really good with HDFC bank. The only problem with HDFC bank is I need to pay back the loan EMI only through Cheque. The required loan amount has been approved and given . The rate of interest is nominal with HDFC bank.
      Was this review helpful? 0
      , chennai
      Reviewed on Jul 19, 2017
    • HDFC Bank Personal Loan
      "Average Service"
      0.5 4.0/5 "Great!"
      I didn't choose HDFC bank for the personal loan because of the interest rate and charges. The customer service and the response is good with HDFC bank. The rate of interest need to be reduced in future. The service rendered by HDFC Bank is very much average.
      Was this review helpful? 0
      , sonepat
      Reviewed on Jul 18, 2017
    • HDFC Bank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have got a call from HDFC bank executive they have explained me about the product, they have promised me that they will give a call back but no one turned up in concern to my personal loan application. The service need to be quick and fast with bank . The rate of interest is nominal with HDFC bank.
      Was this review helpful? 0
      , chennai
      Reviewed on Jul 18, 2017
    • HDFC Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      On a general note , I am happy with the service offered by HDFC. They gave response within 3 days of time. The customer service and the response was good with HDFC bank. I got to know about HDFC personal loan through a middlemen who supported me to get the loan. The rate of interest and the charges are better than ICICI bank. I would say HDFC bank gives very good service to their existing customers.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 18, 2017
    • HDFC Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      HDFC bank hardly took 3 days of time for the loan disbursal. They have offered the loan with an interest rate of 13.5%. The customer service and the response was good with HDFC bank. The required loan amount has been disbursed. I am happy and satisfied with the loan amount offered.
      Was this review helpful? 0
      , ariyalur
      Reviewed on Jul 18, 2017
    • HDFC Bank Personal Loan
      "Approachable Service"
      0.5 5.0/5 "Blown Away!"
      HDFC has completed the personal loan process in one and a half week. Also, they did not ask for too many documents. The loan process was very prompt and it was very good. Moreover the interest rate provided was 11.5% which is good when compared with other banks. Overall the service rendered by them is really good.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 17, 2017
    • HDFC Bank Personal Loan
      "Good Process"
      0.5 5.0/5 "Blown Away!"
      It was a long back process with HDFC bank for the personal loan. I took this loan about two years ago. The bank quoted the corporate interest rate of 13.25%. The loan process went good with the bank and there was no challenge with the bank for the loan.
      Was this review helpful? 0
      , ankleshwar
      Reviewed on Jul 13, 2017
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