Multiple banks. Different interest rates. Call it a "conflict of interest".
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    We found 1 HDFC Bank Professional Loans

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    10.99% - 19.8% Fixed
    Up to 2.5% 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 Professional Loans is Rated as "Great!" by 12586 Users

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    Promised Interest Rate

    Customer Service

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    Personal Loan BYTES FROM OUR KITCHEN

    HDFC Bank Professional Loans

    Overview about HDFC Professional Loans

    The HDFC Professional Loans a personal loan product from HDFC Bank meant for working professionals to provide them with the ability to get finance to meet their requirements and also they are provide the applicant with a Credit Protect Insurance Plan. The loan will be sanctioned and disbursed in quick and efficient manner, the documentation involved is also extremely simple and also the bank provides you with the loan in a quick turnaround time.

    Where is the purpose of HDFC Professional Loans?

    The HDFC Professional Loans will work like a personal loan but meant only for working professionals, the uniqueness of this product is that along with a loan amount you can link your savings bank account and pay a nominal premium and get additional insurance plan called the Credit Protect Insurance Plan.

    What is the eligibility criteria for HDFC Professional Loans?

    Any working professionals are eligible for this loan such as Doctors, Chartered Accountants, and Architects, any professional who are consulting or run a self-practice. The criteria they need to match are:

    • The should have a minimum of 4 years’ experience, after they have completed their professional courses like Doctorate, Chartered Accountant, if they are Architects or even company secretaries they need to have 5 years’ experience
    • Their annual income should be at least Rs. 1 lakh per annum
    • They should be within the age of 25 - 65 years at the time of loan maturity.
    • The business they are running, should be running a profit for a minimum of 2 years.

    What is the maximum amount of loan I can avail?

    The amount of loan can be applied for a minimum of Rs. 50, 000 up to an amount of Rs. 40, 00, 000. The loan amount will be dependent on their income, their repaying capabilities, and the cap on the loan product.

    What is the rate of interest on HDFC Professional Loans?

    The average rate of interest offered for the applicant will range between 14.5% - 15.25% per annum.

    What are the documents required for HDFC Professional Loans?

    Documents required for this product will be:

    • Bank Statement of the last 6 months.
    • Proof of address such as passport, aadhar card, driver’s license.
    • Proof of identity such as voter’s id, passport, aadhar card, driver’s license.
    • A copy of your pan card
    • Proof of professional degree qualification
    • Proof of continuation such as Trade license, Sales tax certificate etc.
    • Other Mandatory Documents (Sole Prop. Declaration Or Certified Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (certified by Director) & Board resolution (Original).

    What are the terms for HDFC Professional Loans?

    The charges available are:

    • Supervision charges will be in the range Rs. 500 - Rs. 2, 000.
    • Processing Fees of 2.50% of the loan amount
    • Pre-payment charges not applicable but will not be allowed before 6 EMIs
    • Service tax and other government levies, as applicable, would be charged additionally.

    How do I apply for this loan?

    Application process for this loan is very simple, all you need to do is fill in a loan application form with supporting documents and submit it to the nearest HDFC Bank branch. You can also apply for this loan via the HDFC Bank website by submitting an online application form with a few mandatory details.

    Can I apply for HDFC Professional Loans online?

    Online application is available for the HDFC Professional Loans, all you need to do is login to the HDFC Bank website by submitting an online application form with a few mandatory details.

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  • HDFC Bank Professional Loans Reviews

    • HDFC Bank Personal Loan
      "Hassle free experience"
      0.5 4.0/5 "Great!"
      HDFC done very fast personal loan process, within two to three days they have sanctioned the loan and they have fulfilled my requirement. I was looking for Rs.10 lakhs of loan amount, HDFC offered me the same for the tenure of five years and with the interest rate around 11% its good.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 22, 2017
    • HDFC Bank Personal Loan
      "Below average service"
      0.5 1.0/5 "Really Bad"
      The HDFC didn't give any kind of response in concern to my personal loan application. I was trying to reach their executives several times, but they are not giving any response. At least they need to give the status of the product to the customers. The rate of interest is nominal with HDFC bank. The HDFC service need to be improved a lot.
      Was this review helpful? 0
      , patna
      Reviewed on Jun 22, 2017
    • HDFC Bank Personal Loan
      "Best"
      0.5 5.0/5 "Blown Away!"
      I had closed the personal loan from HDFC bank and the interest rate was around 14.5%, also I did not get the NOC papers because I used to get the notification through online itself. I used to take the loan through only offers like nil processing charges or a lesser one.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 22, 2017
    • HDFC Bank Personal Loan
      "Friendly and Fast process"
      0.5 4.0/5 "Great!"
      HDFC processing fee is low, but interest rate was on the higher side when compared with CITI Bank for the personal loan. I took the amount of Rs. 8 lakhs and this was for a tenure of five years. I am very satisfied with HDFC service, they had processed the loan fast without any delay.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 22, 2017
    • HDFC Bank Personal Loan
      "Good Interest rate"
      0.5 4.0/5 "Great!"
      I made an inquiry with HDFC bank for the personal loan. The interest rate offered was 11% for the personal loan and the loan amount is 5.5 lakhs. When compared with other banks and other financial competitor, HDFC is better in terms of the interest rate especially when it comes to personal loan.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 22, 2017
    • HDFC Bank Personal Loan
      "Provide as promised"
      0.5 4.0/5 "Great!"
      I had taken my personal loan from HDFC Bank and the process was not completed within two days as I was informed at the beginning. The process was finally done in two weeks. The interest rate and processing charges was on the higher side as well.
      Was this review helpful? 0
      , jaipur
      Reviewed on Jun 22, 2017
    • HDFC Bank Personal Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      The response was good with HDFC bank personal loan. The loan process was good with HDFC bank. They took around 24 hours to disburse my personal loan. The rate of interest is nominal with HDFC bank. I am very much happy with the loan amount. I am satisfied with the HDFC banking service.
      Was this review helpful? 0
      , jamshedpur
      Reviewed on Jun 22, 2017
    • HDFC Bank Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The level of service offered by HDFC bank is really great. My personal loan got approved within 10 minutes of time, after approving the loan got disbursed within 2 minutes. I would say it was a pre-approved personal loan on my salaried account with HDFC bank. I have never submitted any kind of document with respect to my personal loan. I am happy about the loan amount. The rate of interest was nominal with HDFC bank. I am very much satisfied with HDFC bank service.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 22, 2017
    • HDFC Bank Personal Loan
      "Overall good"
      0.5 4.0/5 "Great!"
      After I applied for a personal loan with HDFC Bank, I appreciate the response, that I got from them unlike ICICI. The team contacted me immediately and also processed my details on time. It was my decision to back out from the loan process. The interest rate and charges were very much normal.
      Was this review helpful? 0
      , salem
      Reviewed on Jun 22, 2017
    • HDFC Bank Personal Loan
      "Response part has to be improved"
      0.5 1.0/5 "Really Bad"
      I never got any response from HDFC, no body contacted me. Almost I waited there for three weeks of time, there was no response from the bank's end. Finally my application got closed without proper service, I am very much unhappy with their service too.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jun 22, 2017
    • HDFC Bank Personal Loan
      "Not Satisfactory"
      0.5 2.0/5 "Expected more"
      HDFC Bank has not been up to the mark in the terms and conditions for the personal loan. So I declined my application with them. The interest rate and processing charges were very high. It was around 17%. It has not been a good experience for me. I am not happy with the services too.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 22, 2017
    • HDFC Bank Personal Loan
      "Excellent "
      0.5 5.0/5 "Blown Away!"
      I have closed the personal loan with the HDFC bank and the interest rate was an average one on that time. Processing charges were also a nominal one and there was no annual charges. They have disbursed the loan amount within a month of time.
      Was this review helpful? 0
      , nagpur
      Reviewed on Jun 21, 2017
    • HDFC Bank Personal Loan
      "Wonderful "
      0.5 5.0/5 "Blown Away!"
      Interest rate with the HDFC bank was nominal one for the personal loan. The loan amount got disbursed to my account within seven days of time. Services and other aspects are good one with the HDFC bank, also the processing charges were nominal one.
      Was this review helpful? 0
      , nagpur
      Reviewed on Jun 21, 2017
    • HDFC Bank Personal Loan
      "They should give comfortable service to the customer"
      0.5 3.0/5 "Satisfactory"
      I got a call from HDFC, they asked me to send the documents to their email id, then I sent, but called and informed it was not clear. Again they asked me to submit the documents directly, But unfortunately I don't have time to visit hence my loan application got closed. It would be great if they provide customer satisfactory service.
      Was this review helpful? 0
      , cuddalore
      Reviewed on Jun 21, 2017
    • HDFC Bank Personal Loan
      "Need Improvement and customer oriented ,need speedy process"
      0.5 2.0/5 "Expected more"
      Basically the HDFC bank didn't ready to provide the loan amount which is required, and moreover the maximum tenure they are offering for the loan for 5 years and I wanted the loan with 2 years of tenure, they are not letting me to take the loan with 2 years tenure. The representative who was in touch with me was completely irresponsible and they were forcing me take up the 5 year tenured loan because of the interest rate. The time taken by the HDFC bank is too long, initially they told they can finish the process within 2 to 3 days but they took around 3 weeks, so I asked them to closed my application. The rate of interest is competitive with HDFC bank.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 21, 2017
    • HDFC Bank Personal Loan
      "Good Response"
      0.5 4.0/5 "Great!"
      Initially I applied for the car loan with HDFC bank for a particular car model. But later I have decided to go for Nissan for which I got minimum rate of interest from other bank so I did not proceed my car loan with HDFC. Otherwise I do not have any issues with the bank.
      Was this review helpful? 0
      , nagpur
      Reviewed on Jun 21, 2017
    • HDFC Bank Personal Loan
      "Its Good"
      0.5 3.0/5 "Satisfactory"
      I approached the HDFC through my personal banker, from Bangalore zone I used to get a call from Relationship manager. I have requested for personal loan, within three to four days they have disbursed the amount. I have submitted the documents through online. I have taken the amount of Rs.2 lakhs for three years. They gave interest 11.49% and taken Rs.1000 as processing fee from disbursement.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jun 21, 2017
    • HDFC Bank Personal Loan
      "Average Service"
      0.5 5.0/5 "Blown Away!"
      The time scales taken to process the personal loan needs to be improved or reduced. HDFC Bank disbursed my personal loan within a span of 9 days of time which is higher than the normal one. Where as other banks normally takes only 3 to 4 days. The rate of interest for the personal loan was around 11.29% when compared with other banks that is the best interest rate in the market. Though HDFC Bank was unable to offer the complete loan amount I am in need of, but still I am happy with the way my loan was processed.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 21, 2017
    • HDFC Bank Personal Loan
      "Its Good"
      0.5 4.0/5 "Great!"
      I was looking for the interest rate of 10.99% but HDFC offered me the interest rate around 15% it is higher side for the personal loan. Hence I don't have an idea to process my loan with HDFC, it would be better if they provide least interest rate for low salary holders.
      Was this review helpful? 0
      , haveri
      Reviewed on Jun 21, 2017
    • HDFC Bank Personal Loan
      "Very Good service"
      0.5 5.0/5 "Blown Away!"
      The Personal loan process with HDFC bank was smooth, Within 5 days the loan got disbursed in my account. The documentation process was done quite good. The HDFC executive came to my place and collected the required documents. The rate of interest was low, when compared with others. I happy about the loan amount.
      Was this review helpful? 0
      , noida
      Reviewed on Jun 21, 2017
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