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% 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 12716 Users

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    Promised Interest Rate

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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
      "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
    • HDFC Bank Personal Loan
      "Response part has to be improved"
      0.5 1.0/5 "Really Bad"
      HDFC collected many documents from me like Aadhar card, pan card, bank statements, payslip, photos and cheque leaves etc. After collecting the documents there were no response from HDFC end. I tried reaching their landline number, which I got a call but call line was not connected. It would be great if they provides some direct mobile no to reach them for any queries.
      Was this review helpful? 0
      , ghaziabad
      Reviewed on Jul 13, 2017
    • HDFC Bank Personal Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      HDFC bank quoted 10.99% of interest rate for the personal loan with the processing fee of .99%. WHen I checked for the loan with ICICI bank where they quoted 17.99%. So my personal loan is almost done with HDFC bank. I am completely happy with the service rendered by HDFC.
      Was this review helpful? 0
      , jamshedpur
      Reviewed on Jul 13, 2017
    • HDFC Bank Personal Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      HDFC provided the personal loan in a form of preapproved loan. I got this loan with the interest rate of 18.25%. The bank sanctioned the loan on time and there was no issues during the loan process. Almost I had completed the loan, still few more EMIs are there to finish.
      Was this review helpful? 0
      , ariyalur
      Reviewed on Jul 13, 2017
    • HDFC Bank Personal Loan
      "Approachable "
      0.5 5.0/5 "Blown Away!"
      HDFC bank quoted 11.75% for the personal loan and I am comfortable with their rating so I applied with them for the loan. Now it is in process and I am getting good response and proper followups from the bank. Their customer service is good to approach.
      Was this review helpful? 3
      , salem
      Reviewed on Jul 12, 2017
    • HDFC Bank Personal Loan
      "Interest rate should be reduce"
      0.5 3.0/5 "Satisfactory"
      I didn't avail HDFC personal loan, because my requirement was fulfilled hence is no need to take it. But HDFC is very supportive they ready to sanction the required amount but I denied, service wise is also good, they have called and gave me list of documents for the personal loan.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jul 12, 2017
    • HDFC Bank Personal Loan
      "Better Service"
      0.5 3.5/5 "Pretty good"
      When I applied for the personal loan with HDFC bank. My requirement was not fulfilled. Actually I applied for 3.5 lakhs but the bank approved the loan for 1.5 lakhs so I dropped the plan. Otherwise the responses are good and they are very much approchable too,
      Was this review helpful? 0
      , pune
      Reviewed on Jul 12, 2017
    • HDFC Bank Personal Loan
      "Dissatisfied"
      0.5 1.0/5 "Really Bad"
      I had applied for personal loan with HDFC Bank and it has not been a satisfactory experience. I am not happy with the way they handle customers. They have contacted once and they have said my loan cannot be processed because they do not provide loan only for personal not for commercial use. This process was not accepted by the bank.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 12, 2017
    • HDFC Bank Personal Loan
      "Prompt Service"
      0.5 5.0/5 "Blown Away!"
      During the year 2013, I availed the personal loan from HDFC bank. The interest rate for the loan is around 12% which is nominal when compared with other banks. Even their customer service is very much approachable. The bank sanctioned the loan and it was very much on time.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Jul 12, 2017
    • HDFC Bank Personal Loan
      "Very good service"
      0.5 4.0/5 "Great!"
      I am going to get the loan amount from HDFC bank soon, the personal loan got approved within a week time and they are ready to disburse the loan at present. The rate of interest is nominal with HDFC . The customer service and the response is good with HDFC bank. I am very much happy with the loan amount which was offered by HDFC.
      Was this review helpful? 0
      , gulbarga
      Reviewed on Jul 12, 2017
    • HDFC Bank Personal Loan
      "Better service"
      0.5 5.0/5 "Blown Away!"
      I got a call from HDFC bank executive after applying for personal loan. They asked to submit all the required documents. The customer service and the response part with HDFC need to be quick and fast in future. The rate of interest is nominal with HDFC bank. I would say it is a better service.
      Was this review helpful? 0
      , khammam
      Reviewed on Jul 12, 2017
    • HDFC Bank Personal Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I preferred HDFC bank for the personal loan and I applied for the loan with the help of third party website. But I had to postpon my plan and I am willing to take the loan during the month of November. Due to some reason I postponed it otherwise I do not have any issues with HDFC. In fact, I received good response from the bank.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jul 12, 2017
    • HDFC Bank Personal Loan
      "Good Experience"
      0.5 4.0/5 "Great!"
      I am a very happy customer of HDFC, they had taken only two to three days to process my loan application. Their executive also very supportive they came and collected the documents and they had completed the process in a good manner. I took the loan of Rs. 1.50 lakh for the tenure of two years with 11% of interest, HDFC charged me Rs.500 as a processing fee from the disbursement amount.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jul 12, 2017
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