How quickly can you get a Personal Loan?

Synopsis:

  • Personal Loans can be processed and disbursed within hours, with pre-approved loans available in just 10 seconds from HDFC Bank.
  • These unsecured loans require no collateral, and approval is based on income, cash flow, and credit history.
  • They offer lower interest rates than other loan sources, especially with a strong credit profile.
  • Repayment terms are flexible, with short to medium-term options and EMIs starting at ₹2,162 per lakh.
  • The application process is simple, especially for existing HDFC Bank customers, and can be done online or at a branch.


It happens to all of us. There was a family emergency, and you had to take loans at high interest rates to meet pressing demands. But you have fallen behind in your payments, and the interest and principal are accumulating at breakneck speed. You are in danger of falling into a debt trap and thinking of how to get an instant loan to climb out of it.

The best choice could be a Personal Loan from a bank. Let's understand why.

Table of Content

Why obtain a Personal Loan?

  • It's quick
    You can get a Personal Loan in a matter of hours. Apply in the morning, and you could have the cash in hand by late afternoon. HDFC Bank offers pre-approved loans to customers in 10 seconds flat*. Non–HFC Bank customers can get loans in 4 hours. If you have wondered how to get an instant loan, wonder no more.

  • You don't need collateral
    Since Personal Loans are unsecured (without collateral or security) loans, banks will look at your income, cash flows, strength or stability of your business or employment to ensure you can repay the loan. HDFC Bank customers can get Personal Loans with minimal or no documentation. In fact, if they are pre-approved for a Personal Loan, they can easily apply for it.

  • Lower interest rates
    Interest rates on Personal Loans are lower than other sources. If you have a good credit history, strong income proof, and a long relationship with the bank, you should be able to get good terms.

  • Easy repayment terms
    Personal Loans are short to medium-term (12 to 60 months) loans with a flexible repayment structure. You will typically repay the loan in equated monthly instalments (EMIs). You can adjust your repayment tenure to make your EMIs pocket-friendly. HDFC Bank offers loans with EMIs starting at ₹2,162 per lakh. Check the Personal Loan EMI Calculator to plan your repayment better.

  • It's easy
    Getting a Personal Loan from HDFC Bank is easy, especially if you have your documents in order and you have a good credit track record. It helps if you are an existing customer. You can apply for a loan via NetBanking, on the HDFC Bank website, at an ATM, or by visiting a branch near you.
     

Check out everything you need to know about Personal Loans.

Apply now and Jio Shaan Se!Looking to apply for a Personal Loan? Click hereto get started.

* Terms & conditions apply. Personal Loan disbursal at the sole discretion of HDFC Bank Ltd.

Table of Content

Related Video

Related Podcast