EMI Schedule
| Month | Opening Balance | Interest | Principal | Closing Balance |
|---|---|---|---|---|
| Sep '23 | ₹ 10,00,000s | ₹ 13,333 | ₹ 1,61,196 | ₹ 8,38,803 |
| Oct '23 | ₹ 8,38,803 | ₹ 11,184 | ₹ 1,63,345 | ₹ 6,75,457 |
| Nov '23 | ₹ 6,75,457 | ₹ 9,006 | ₹ 1,65,523 | ₹ 5,09,933 |
| Dec '23 | ₹ 5,09,933 | ₹ 6,799 | ₹ 1,67,730 | ₹ 3,42,202 |
| Jan '24 | ₹ 3,42,202 | ₹ 4,563 | ₹ 1,69,967 | ₹ 1,72,235 |
| Feb '24 | ₹ 1,72,235 | ₹ 2,296 | ₹ 1,72,233 | ₹0.00 |
About HDFC Bank Personal Loan
HDFC Bank, one of India’s most trusted banks, began its operations in 1994 and now has a distribution network of 8,086 branches across 3,836 cities. Customers in India are served through a variety of channels of delivery, including phone banking, internet banking, mobile banking, and SMS-based banking.
Steps to Apply for a Personal Loan
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Go to the lender’s website and create an account, or log in using your credentials if you are already a customer
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Using their eligibility checker, find out the loan amount you are eligible for
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Select a loan plan and a tenure that suits your requirements
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Upload all the necessary documents like ID proof, address proof, and income proof
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Next, click on ‘Submit’ to complete the application
Factors Affecting HDFC Bank Personal Loan EMI
The following factors affect the amount of EMI you pay every month -
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Credit score
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Income
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Employment history
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Debt to income ratio
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Age
Conclusion
Before applying for a loan, figure out your EMI to help you with budgeting. With a few clicks, you can find out your EMI with Moneyview's HDFC personal loan calculator.
Moneyview offers quick personal loans for those with immediate financial needs. Apply today and get your loan in minutes!
HDFC Bank Personal Loan EMI Related FAQs
HDFC personal loan interest rates range from 10.50% p.a. to 24.00% per annum.
No. Borrowers must submit their salary slips as proof of income to obtain a loan from HDFC.
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