Loans

How quickly can you get a Personal Loan?

The blog explains how quickly you can obtain a Personal Loan, highlighting that it can be processed quickly, with zero documentation, no collateral required, and flexible repayment options.

Synopsis:

  • Personal Loans can be processed and disbursed quickly, 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 

  • The application process is simple, especially for existing HDFC Bank customers, and can be done online or at a branch.

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Overview

It happens to all of us. There was a family emergency or some unexpected travel plan, and you need instant funds.

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

Why obtain a Personal Loan?

  • It's quick
    You can get a Personal Loan quickly, HDFC Bank offers pre-approved loans to customers in 10 seconds flat*. Non–HFC Bank customers can get loans quickly too. 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 no documentation.

  • Lower interest rates
    HDFC Bank offers attractive interest rates on Personal Loans. 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. Check the Personal Loan EMI Calculator to plan your repayment better.

  • It's easy
    Getting XPRESS Personal Loan from HDFC Bank is easy. You can apply for a loan via MobileBanking, NetBanking, on the HDFC Bank website, at an ATM, or by visiting a branch near you.
     

Check out everything you need to know about XPRESS Personal Loans.

Looking to apply for a Personal Loan? Click here to get started.

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

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