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  • HDFC Bank Professional Loans is Rated as "Great!" by 15478 Users

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    Personal Loan BYTES FROM OUR KITCHEN

    HDFC Bank 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.

    Apply for Personal Loan

    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.

    HDFC Bank Professional Loans Reviews

    • HDFC Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My experience was good with HDFC bank for personal loan, the loan amount was for Rs 3 lacs with nominal interest rate when compared to others. Customer service was good and they followed up on time. The tenure period for this loan is 4 years.
      Was this review helpful? 0
      , kolkata
      Reviewed on Nov 20, 2018
    • HDFC Bank Personal Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      It was one of the best experience with HDFC bank for personal loan, it was done based on the stand approve basis. Loan amount was for Rs 1.5 lacs with nominal interest rate when compared to others. Customer service was good and the tenure period for this loan is 1 year
      Was this review helpful? 0
      , greater noida
      Reviewed on Nov 20, 2018
    • HDFC Bank Personal Loan
      "Need to reduce ROI"
      0.5 4.0/5 "Great!"
      My personal loan experience was good with HDFC bank, the process was quick and i received my loan amount on time. The loan amount was for Rs 1.6 lacs with high interest rate when compared to other banks. Tenure period for this loan was for 3 years.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 20, 2018
    • HDFC Bank Personal Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      My experience with HDFC bank for personal loan was good, rate of interest was nominal when compared to other banks. Customer service was good and their response was on time. The loan amount was for Rs 10 lacs with the tenure period of 60 months.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 20, 2018
    • HDFC Bank Personal Loan
      "Not satiafctory service"
      0.5 3.0/5 "Satisfactory"
      My personal loan was taken with HDFC BANK , the processing fee they have charged me was nominal. The loan amount they have given me was sufficient and the rate of interest they have charge me was also fine . Overall it has been good experience with HDFC BANK .
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 20, 2018
    • HDFC Bank Personal Loan
      "Good Process"
      0.5 5.0/5 "Blown Away!"
      I am very fine with HDFC bank loan, I got the loan for 11% of interest as same as ICICI. The process was convenient because I am an existing customer. I applied the loan through online and they collected few documents from me. Within one week they disbursed the amount.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 20, 2018
    • HDFC Bank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been holding my personal loan with HDFC bank from past one and half years,the loan amount previously it was sufficient and now i need more loan so thinking to top up my loan amount for my sister marriage and the rate of interest they have charging is bit high and the processing fee they have charge me was nominal up to 500., it is paper less approval.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Nov 19, 2018
    • HDFC Bank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I had taken my personal loan with HDFC bank, the experience with this bank was good , i have applied this loan through on line, the rate of interest they have charge me previously up to 10.2% and after that it has increase up to 11 % it is nominal and there processing fee they have charge me up to 2400 it was nominal and i have took loan amount up to 2,00,000 and it is sufficient for me.
      Was this review helpful? 2
      , new delhi
      Reviewed on Nov 19, 2018
    • HDFC Bank Personal Loan
      "Interest rate should be flexible"
      0.5 4.0/5 "Great!"
      Only one time I called them for the loan process, the documentation is good but the interest rate is high. They not ready to reduce the interest though I visited directly to the bank and RD account they are taking foreclosure charges around 2%.
      Was this review helpful? 1
      , chennai
      Reviewed on Nov 19, 2018
    • HDFC Bank Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It has been a good experience i had in getting this loan and the process has been simple and easy. The loan amount which they had given has been sufficient and there has not been any sort of charges which they had been making. Overall it was a nice experience.
      Was this review helpful? 3
      , mumbai
      Reviewed on Nov 19, 2018
    • HDFC Bank Personal Loan
      "Best in Need"
      0.5 5.0/5 "Blown Away!"
      I was in need of Personal loan and at that moment i was cross checking banks who provide reasonable interest rates and i found HDFC giving Reasonable interest rates. Loan tenuity is 3 years and i am pretty much comfortable with their services.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Nov 19, 2018
    • HDFC Bank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been using my personal loan with HDFC bank, the rate of interest they have charged me was up to 16% only which was nominal and the loan amount which they have given me was less as per my expectation , and the processing fee they have charge me was up to 4000 which is nominal but i have problem with tenure period like i expected up to 5 years but i got just 3 years only.
      Was this review helpful? 1
      , chennai
      Reviewed on Nov 19, 2018
    • HDFC Bank Personal Loan
      "Need to reduce ROI"
      0.5 4.0/5 "Great!"
      It was a good experience with HDFC bank for personal loan, i received my loan amount within 10 days. The loan amount was for Rs 4 lacs with tenure period of 5 years. They said the rate of interest will be 11.2% but they charges 12.49%. Customer service was good and they responded on time.
      Was this review helpful? 1
      , guwahati
      Reviewed on Nov 19, 2018
    • HDFC Bank Personal Loan
      "Good personal loan"
      0.5 4.0/5 "Great!"
      2 years before i have taken my personal loan with HDFC. There was no delay in their process of sanctioning the loan. Still the loan is going on. Within one week i have received the loan. I have chosen the tenure period of 5 years. I pay the EMI of Rs. 18000 approximately. I pay the premium through ECS.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 18, 2018
    • HDFC Bank Personal Loan
      "Average Service"
      0.5 3.0/5 "Satisfactory"
      The experience i had with this loan has not been that great where the interest rate with them has been high when compared with the market rate and there has been 0.5% of charges with them as well. But there has been good response from their side.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 18, 2018
    • HDFC Bank Personal Loan
      "One click to avail the personal loan"
      0.5 5.0/5 "Blown Away!"
      Six months back, there were special interest rate for the accenture employee. They have provided the interest rate of 10.99%. Every amount will be informed to the customer when i applying for the loan itself. There is no documentation is required since my salary has been credited in HDFC. I have taken the loan amount of Rs. 1.5 lakhs. I'm not sure about the pre-closure and partial payments.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Nov 18, 2018
    • HDFC Bank Personal Loan
      "One click to avail the personal loan"
      0.5 5.0/5 "Blown Away!"
      Its all pre-approved loan. I got with the personal loan within 10 seconds. I can able to withdraw the amount from the ATM. They have provided the interest rate of 11.5% which is bit higher compared to others. I have applied the loan amount of Rs. 80000 with the tenure period of 2 years. I have been paying the EMI of Rs. 3500.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 18, 2018
    • HDFC Bank Personal Loan
      "Very Good Service"
      0.5 4.0/5 "Great!"
      The experience i had with them has been good where the process in getting this loan has been good. The loan amount which they had provided has been satisfactory and the interest rate with them has been satisfactory as well. There has not been any sort of charges which they had been making so far.
      Was this review helpful? 0
      , kochi
      Reviewed on Nov 18, 2018
    • HDFC Bank Personal Loan
      "Processing charges should be reduced"
      0.5 5.0/5 "Blown Away!"
      I took loan personal loan from HDFC Bank now I have settled the loan. The bank gave me the interest rate around 11% and with Rs. 1500 of high processing fee. Finally I paid all my EMI for the entire tenure period and I got the NOC letter from bank without any issue.
      Was this review helpful? 1
      , new delhi
      Reviewed on Nov 17, 2018
    • HDFC Bank Personal Loan
      "Quite Good"
      0.5 5.0/5 "Blown Away!"
      According to my elegibility criteria, they have provided the loan with HDFC. I have applied the loan amount of Rs. 8.4 lakhs however they have provided only Rs. 7.63 lakhs. The interest rate charged was 15.75% which i'm okay for me. Processing fee they have charged was 1%. I don't find any difficulty and the documentation process was quite simple.
      Was this review helpful? 0
      , goa
      Reviewed on Nov 17, 2018
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