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Compare Personal Loan - HDFC Bank vs HDB Financial

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Interest Rate
Interest Rate
10.25% - 22.00%
13.00% - 36.00%
Processing Fees
Processing Fees
Upto 2.50% Min Rs. 999
Upto 3% of Loan Amount
Loan Amount
Loan Amount
₹ 50,000 to ₹ 75 Lakh
₹ 1 Lakh to ₹ 20 Lakh
Loan Tenure
Loan Tenure
12 to 60 Months
12 to 60 Months
Lowest EMI Per Lakh
Lowest EMI Per Lakh
₹ 2,137
₹ 2,275
Part Payment Charges
Part Payment Charges
Allowed after 12 months at 2-4%
Allowed after 6 months at Nil Partpayment charges
Foreclosure Charges
Foreclosure Charges
Allowed after 12 months at 2 - 4%
Allowed after 6 months at Nil foreclosure charges
Eligible Age
Eligible Age
21 to 60 Years
22 to 60 Years
Minimum Income
Minimum Income
₹ 25,000
₹ 20,000
Current Work Experience
Current Work Experience
1 Month
6 Months
Total Work Experience
Total Work Experience
12 Months
6 Months
Customer Ratings (Read Reviews)
Customer Ratings (Read Reviews)
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Compare EMI of HDFC Bank and HDB Financial Personal Loan

Loan Amount HDFC Bank HDB Financial
₹ 1 Lakh ₹ 2,137 ₹ 2,275
₹ 5 Lakh ₹ 10,685 ₹ 11,377
₹ 10 Lakh ₹ 21,370 ₹ 22,753
₹ 12 Lakh ₹ 25,644 ₹ 27,304

Which is a better bank for Personal Loan – HDFC Bank or HDB Financial?

HDFC Bank offers lower Personal Loan EMI at 2137 on a Personal Loan for 60 Months as compared to HDB Financial with a minimum EMI of 2275 for 60 Months. Average customer ratings for HDFC Bank is currently at 4.5/5.0 which makes it a good choice for taking a Personal Loan.

How does HDFC Bank Personal Loan compare with HDB Financial Personal Loan?

It is important to do a detailed comparison of HDFC Bank and Personal Loan on all loan terms and conditions to understand their differences and take an informed decision. Keep in mind that each bank’s scheme has its own pros and cons that have to be evaluated before choosing the best offer. Some of the key results of the comparison between the two banks are:

  • Lowest Interest rate of HDFC Bank Personal Loan is 10.25%, which is lower than the lowest interest rate of HDB Financial at 13.00%. Hence, HDFC Bank is offering a cheaper loan option.
  • When compared on other Personal Loan charges such as processing fees, HDFC Bank charges a processing fees of Upto 2.50% Min Rs. 999 while HDB Financial charges a processing fees of Upto 3% of Loan Amount.
  • HDFC Bank offers Personal Loan upto an amount of ₹ 75 Lakh while HDB Financial offer Personal Loan upto an amount of ₹ 20 Lakh. HDFC Bank can be a better option if you are looking for a high value amount.
  • One feature that makes Personal Loan a better option is foreclosure facility. HDB Financial gives the option to close the loan after 6 months at Nil foreclosure charges and HDFC Bank gives the option to close the loan after 12 months at 2 - 4%. This makes HDB Financial a better option for Personal Loan.
  • HDB Financial and HDFC Bank allow part payment on Personal Loan after 6 months at Nil charges. HDB Financial applies a charge of Nil charges and HDFC Bank charges 2-4% on Personal Loan.
  • HDFC Bank has an average customer ratings of 4.5, while HDB Financial has an average customer rating of 4.3, based on which it is clear that HDFC Bank has a high customer service focus, an easy Personal Loan process and a quick turnaround.

Which bank offers lower interest rate on Personal Loan – HDFC Bank or HDB Financial?

As per the current rates, HDFC Bank offers a lower interest rate of 10.25% on Personal Loan when compared to HDB Financial which offers a Personal Loan at 13.00%.

Know all about Personal Loan

Know more about HDFC Bank Personal Loan

Know more about HDB Financial Personal Loan

Compare HDFC Bank Personal Loan With Other Banks

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Personal Loan News - Jun 2021
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    Capital India Home Loan aims to double its asset book to over Rs 250 crore by the end of the current fiscal year. The housing finance company that deals in Home Loan, Commercial Property Loan, Loan Against Property, Business Loan, Top-up Loan, Personal Loan, and Consumer Loan had a loan book of about Rs 135 crore in the financial year ended March 31, 2021. The loan book is expected to touch Rs 250 crore by March 2022.
  • 2021-06-23 : Muthoot Fincorp acquires 54% stake in Paymatrix
    Gold loan company Muthoot Fincorp has acquired a 54% stake in Hyderabad-based fintech startup Paymatrix by buying out existing investors as part of its added focus on the digital payments segment. Muthoot Fincorp has around 2 million customers in gold loans, retail loans, small business loans, affordable housing, two-wheeler and used-car loans, money transfer, foreign exchange, insurance sales, and wealth management, through its 3,600 branches.
  • 2021-06-21 : BharatPe FY21 revenue jumps over six times to Rs 700 crore
    In the financial year 2020-21, BharatPe has witnessed a huge jump in its revenues. With the pandemic forcing more and more people and businesses to use digital transactions, it has helped the start-up earn a revenue of over Rs 700 crores, compared to just Rs 110 crores in 2019-20. The company gives small-ticket fully unsecured loans, which majorly includes personal loans, along with two-wheeler loans, car loans and other small loans, averaging at Rs 75,000 to its merchant members. The company also saw an increase in the number of merchants from 24 lakhs to 60 lakhs along with the rise in transaction value from 10 crores a month to 2.7 crores a month.
  • 2021-06-16 : ICICI STACK launched by ICICI Bank for Corporates
    ICICI Bank announced the launch of ICICI STACK for Corporates. This will provide customised digital banking services to companies in over 15 leading industries. ICICI STACK is going to offer digital banking solution banking solutions to corporates to seamlessly meet their banking requirements.
  • 2021-06-16 : Ujjivan Small Finance Bank collaborates with MoEngage
    Ujjivan Small Finance Bank has collaborated with customer engagement platform MoEngage to provide digital banking services in remote areas of the country. The aim is to build a wide presence of the bank with customers in the unserved regions through digital services.
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