Wondering if you are eligible?
Eligibility criteria to apply for a Personal Loan for Teachers
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9.99% PA24% PA
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More about Personal Loan for Teachers
HDFC Bank Personal Loan for Teachers offers quick approval, competitive interest rates, and flexible repayment options. It requires minimal documentation and no collateral, making it convenient. Loan amounts can be high, and funds can be used for various purposes, including education, travel, or other personal needs.
Here are the criteria for Salaried applicants:
Age: 21- 60 years
Income: ≥₹25,000
Employment: 2 years (1 year with current employer)
*Note: Salaried employees at select private limited companies and public sector undertakings (including central, state and local bodies)
Note: Government taxes and other levies as applicable will be charged over and above the Fee and Charges. Loan disbursal is at the sole discretion of HDFC Bank Ltd.
Identity proof
Passport (not expired)
Voter ID card issued by Election Commission of India
Driving Licence
Printout of e-Aadhaar card
Address proof
Printout of e-Aadhaar card
Driving Licence
Voter ID card issued by Election Commission of India
Passport (not expired)
Income Proof
Bank statements for the last 3 months
Income Proof
Bank statement for the previous 3 months or passbook showing transactions for the previous 6 months.
2 recent salary slips or a current salary certificate, along with your latest Form 16.
Proof of End Use
Documentation to be provided as required by the specific financial institution or organisation
You can apply for a Personal Loan via:
2. PayZapp
3. NetBanking
4. Branches
Online application process:
Step 1 – Choose your occupation
Step 2 - Provide & validate your Phone Number & Date of Birth/PAN
Step 3- Choose Loan amount
Step 4- Submit & Receive funds*
*In certain cases, uploading documents and completing video KYC might be required.
Frequently Asked Questions
The interest rate for the Personal Loan option for Teachers typically starts from 9.99% and can go up to 24.00%. The exact rate depends on your credit profile, monthly income, and age.
You can apply online through HDFC Bank's website or NetBanking portal. Alternatively, you can visit the nearest branch with the required documents. Existing customers can enjoy a quick and streamlined process.
HDFC Bank Personal Loan for Teachers offers competitive interest rates, quick approval, and flexible repayment options. It requires minimal documentation and no collateral, making it convenient for teachers. The loan can be used for various purposes, providing financial assistance when needed.
A Personal Loan for teachers is a loan product that helps you deal with urgent financial needs or cash crunch.
You can visit HDFC Bank’s official website or You can Apply online for Personal loan for govt teachers. You can also use the bank’s NetBanking facility or mobile app to apply for personal loan for teachers.
Please refer to ‘Eligibility Criteria’ section of this page for more details.
Personal Loan for teachers can be used for a wide range f purposes and the bank places no restriction on end use of the loan amount.
If you are a pre-approved HDFC Bank customer, your personal loan application can get approved almost instantly. For others too, the process is completed in less than 4 hours.
You can get a loan of up to ₹50 lakh under a Personal Loan for teachers from HDFC Bank.
Fast, easy, secure—start your personal loan application right now