HDFC Bank Personal Loan Interest Rate: Complete Guide

Key Takeaways 
 

• HDFC Bank personal loan interest rates start from 9.99% in 2025 based on income and credit score.
   
• Borrowers get up to ₹40 lakh with flexible tenures and quick digital approval.
   
• Existing customers, women, and high-credit borrowers enjoy lower rates and pre-approved offers.
   

Bonus Tip: Apply during HDFC festive campaigns to grab reduced interest rates and zero-processing-fee offers.

When it comes to personal loans in India, HDFC Bank is one of the top choices because of its quick approvals, flexible repayment, and competitive interest rates. 

In 2025, HDFC continues to offer personal loans with attractive rates, making it easier for both salaried and self-employed individuals to meet their financial needs.

This guide covers everything you need to know about HDFC Bank Personal Loan Interest Rates from eligibility to factors affecting rates, schemes, and tips to get lower EMIs.

HDFC Bank Personal Loan Interest Rates Overview

HDFC Bank offers personal loans at interest rates starting from 9.99% per annum in 2025. The exact rate depends on factors like your income, employment type, credit score, and relationship with the bank.

What you need to know about HDFC Bank Personal Loan:

• Loan amount: Up to ₹50,00,000
• Tenure: 1 year to 7 years
• Processing fees: Up to ₹6,500/- + GST
• Prepayment charges: 2%-4% of the principal outstanding amount

Keep these points in mind while applying for your HDFC Bank Personal Loan.

HDFC Bank Personal Loan Interest Rates 2025

The table below shows the HDFC Bank’s personal loan interest rates for 2025:
 

HDFC Bank offers competitive interest rates on personal loans. It is better to check your monthly EMI before committing and applying for a personal loan to know your monthly hit.

Types of HDFC Bank Personal Loan Schemes

HDFC offers different personal loan schemes tailored to customer needs:

• Personal Loan for Salaried Individuals – For salaried professionals with quick disbursal.
• Self-Employed Personal Loan - Designed for business owners and professionals.
• Top-Up Personal Loan - Extra loan for existing HDFC Bank personal loan customers.
• Wedding Loan - Special personal loan to cover marriage-related expenses.
• Travel Loan - Financing for domestic and international trips.
• Medical Loan - Quick approval for emergency medical expenses.
• Debt Consolidation Loan - Combine multiple loans/credit card bills into one repayment.

There’s a loan for various requirements. Choose the one which best fits your necessity.

Key Features of HDFC Bank Personal Loan

These are the key features of HDFC Bank Personal Loan:

• Loan up to ₹50,00,000 with minimal documentation.
• Quick approval, some customers get loans within 10 seconds (pre-approved).
• Flexible tenure of up to 84 months.
• Special schemes for existing customers with lower rates.
• Balance transfer facility available from other banks at competitive rates.
• Optional insurance cover for loan protection.

These features make HDFC Bank personal loan an attractive option for customers.

Factors Affecting HDFC Personal Loan Interest Rate

HDFC decides the personal loan rate for each borrower based on:

1. Credit Score – A score above 750 improves chances of lower interest rates.
2. Income Level – Higher income means better repayment ability and lower risk.
3. Employment Type – Salaried employees with reputed companies get better rates.
4. Relationship with HDFC Bank – Existing customers may get discounted rates.
5. Loan Amount & Tenure – Higher amounts and longer tenures may lead to higher rates.
6. Debt-to-Income Ratio – Lower existing debts can help secure cheaper loans.

HDFC Bank Personal Loan Interest Rate Calculation

HDFC uses the reducing balance method to calculate interest. This means you pay interest only on the outstanding loan balance, not the original principal throughout.

EMI is calculated using the formula: P x R x (1+R)^N] / [(1+R)^N-1]

Where P= Principal or your loan amount, R= Rate of interest, and N= Tenure (loan term in number of years).

Your EMI includes two main components: principal and interest. In the early part of your tenure, the interest amount is higher and that becomes progressively lower. Towards the end of the tenure, the principal amount forms a large proportion of the EMI. You can easily calculate your EMI using the HDFC Bank EMI Calculator.

For example, you take a loan amount of ₹5,00,000 for a tenure of 5 years (60 months). Your interest rate is 11% per annum. Using the EMI formula, the monthly EMI = approximately ₹10,871. So, your total payment over 5 years = ₹6,52,260 (interest cost ₹1,52,260).

Tips to Get Lower Interest Rates from HDFC Bank
 

• Maintain a good credit score (750+).
• Apply during festive offers when banks give special discounts.
• Opt for a shorter loan tenure to reduce risk and get lower rates.
• Use HDFC pre-approved offers if available.
• Keep a healthy banking relationship with HDFC (salary account, deposits).
• Negotiate better rates if you are taking a high loan amount.
   

Conclusion

HDFC Bank continues to stand out in 2025 as one of India’s most preferred personal loan providers. It is because of its competitive interest rates, minimal documentation, and fast approval process. With rates beginning at 9.99% per annum, the bank caters effectively to both salaried and self-employed customers. They offer flexible repayment options up to 84 months. Borrowers benefit from special schemes such as festive discounts, pre-approved offers, and balance transfer facilities that help reduce interest costs. Factors like credit score, income stability, employer profile, and existing relationship with the bank significantly influence the final rate. By maintaining strong financial discipline and leveraging HDFC’s tools, borrowers can secure lower EMIs and manage their financial needs more efficiently.

FAQs 
 

Q1. What is the minimum interest rate of HDFC personal loans in 2025?
The minimum rate is 10.50% p.a., depending on eligibility.

Q2. Can I transfer my existing loan from another bank to HDFC?
Yes, HDFC offers balance transfer facilities at competitive rates.

Q3. Does HDFC charge pre-closure fees?
Yes, personal loans can be closed by paying the pre-closure charges of 2%-4% of the outstanding principal amount.

Q4. Are HDFC personal loan rates fixed or floating?
They are fixed rates, meaning your EMI will remain the same throughout tenure.

Q5. Do women borrowers get any special discounts?
Yes, HDFC offers special concessional rates during selected offers and schemes.

Q6. What is the maximum loan amount I can get?
Eligible customers can get up to ₹40,00,000.

Q7. Can I negotiate interest rates with HDFC Bank?
Yes, especially if you have a strong credit history, high income, or an existing relationship with the bank.

Q8. Is the introductory HDFC personal loan interest rate of 10.30% good?

Yes, 10.30% is generally a good rate, though its value depends on your loan purpose.

Q9. What are the benefits of taking a personal loan from HDFC Bank?

HDFC Bank offers fast processing and zero foreclosure charges after one year. The interest rate is around 9.99%, which is lower compared to many lenders.

Q10. What is HDFC Bank’s EMI bump-up plan in personal loans?

It increases your EMI to shorten the tenure, helping you save on total interest.

Q11. What personal loan interest rate did someone recently get from HDFC Bank?

One user reported getting 10.85%, after negotiating down from 11.25%.
 

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About the Author

LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.