For the period from January 1, 2025, to March 31, 2025, HDFC Bank interest rates for professional loan range from a minimum Internal Rate of Return (IRR) of 10.50% to a maximum IRR of 13.76%. With an average IRR of 10.95%, this range provides flexibility and ensures you can find a rate that suits your financial needs while pursuing your professional goals.

The processing fee for professional loans is up to 2.00% of the loan amount. However, there are exceptions, as no processing fees are charged for loan facilities up to ₹5 lakh availed by Micro and Small Enterprises, subject to URC submission before disbursal. This fee is a standard practice in loan processing and covers the administrative costs associated with evaluating and approving the loan application. The exemption for Micro and Small Enterprises aims to support smaller businesses by reducing their initial financial burden and encouraging their growth and development.

HDFC Bank offers Loans for Professionals with a rack interest rate ranging from 11.01% to 14.00%. The exact rate within this range depends on your profile and loan assessment. This interest applies throughout the loan tenure unless otherwise specified or modified under a revised agreement.

HDFC Bank charges up to 2.00% of the loan amount as processing fee. However, if you are a Micro or Small Enterprise and avail a loan of up to ₹5 lakh, you are eligible for NIL processing charges, provided you submit a valid Udyam Registration Certificate before disbursal.

If you close the loan after the cooling period, HDFC Bank charges 4% on the outstanding principal for up to 24 EMIs, 3% from 25 to 36 EMIs, and 2% after 36 EMIs. These charges apply unless your loan qualifies for specific waivers based on criteria.

HDFC Bank allows part payments after the first EMI. The charges are 4% up to 24 EMIs, 3% from 25 to 36 EMIs, and 2% after 36 EMIs. You can prepay up to 25% of the principal in one financial year and only twice during the loan tenure.

HDFC Bank does not charge premature closure fees if your loan is on a fixed rate, the amount is up to ₹50 lakh, it is closed using your own funds, and you have submitted the Udyam Registration Certificate before disbursal.

HDFC Bank levies ₹500 for every instance of repayment mode change. If you plan to switch from ECS to post-dated cheques or vice versa, this fee will be applicable per change requests made during the loan tenure.

You are allowed to cancel your loan within the cooling period. However, HDFC Bank will not refund the processing fee, stamp duty, GST, or other statutory charges. If you choose to rebook the loan, you will be charged ₹1,000 plus applicable government taxes.

Yes, HDFC Bank charges ₹50 per instance for providing a repayment or amortisation schedule for Loans for Professionals. This charge applies each time you request a copy of your repayment structure during the loan term.

If you miss an EMI, HDFC Bank charges ₹450 per instance as a payment return charge. Additionally, a delayed instalment attracts interest at 18% per annum plus applicable taxes on the overdue amount, which increases your repayment burden.

If you are a senior citizen, HDFC Bank offers a 10% discount on all applicable service charges. This concession is designed to reduce your overall loan servicing cost and is automatically considered based on your age eligibility at the time of application.