Compare IDFC First Bank vs HDB Financial Personal Loan
Bank |
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Cashe
Axis Finance
|
SBI
HDFC Bank
ICICI Bank
Bajaj Finserv
Axis Bank
Tata Capital
Fullerton India
IndusInd Bank
Kotak Bank
RBL Bank
IIFL
HDB Financial
Corporation Bank
Muthoot
Karur Vysya Bank
Yes Bank
Union Bank of India
Canara Bank
Bank of Maharashtra
Andhra Bank
Allahabad Bank
Federal Bank
Standard Chartered Bank
Syndicate Bank
PNB
Indian Overseas Bank
Indian Bank
IDBI Bank
Bank of Baroda
Cashe
Axis Finance
|
---|---|---|
Interest Rate | Interest Rate 10.49% - 22.00% |
30.00% - 36.00% |
Processing Fees | Processing Fees Upto 2.00% |
Upto 3% of Loan Amount |
Loan Amount | Loan Amount ₹ 1 Lakh to ₹ 40 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 ₹ 2,149 |
₹ 3,235 |
Part Payment Charges | Part Payment Charges Allowed after 3 months at In case of Smart Personal Loan at Nil Charges |
Allowed after 6 months at Nil Partpayment charges |
Foreclosure Charges | Foreclosure Charges Allowed after 12 months at 5% foreclosure charges. Can foreclose after 3 months in case of smart personal loan |
Allowed after 6 months at Nil foreclosure charges |
Eligible Age | Eligible Age 23 to 60 Years |
22 to 60 Years |
Minimum Income | Minimum Income ₹ 20,000 |
₹ 20,000 |
Current Work Experience | Current Work Experience 6 Months |
6 Months |
Total Work Experience | Total Work Experience 12 Months |
6 Months |
Customer Ratings (Read Reviews) | Customer Ratings (Read Reviews) 4.6/5.0 |
4.3/5.0 |
Compare Personal Loan EMI of IDFC First Bank and HDB Financial
Loan Amount | IDFC First Bank | HDB Financial |
---|---|---|
₹ 1 Lakh | ₹ 2,149 | ₹ 3,235 |
₹ 5 Lakh | ₹ 10,744 | ₹ 16,177 |
₹ 10 Lakh | ₹ 21,489 | ₹ 32,353 |
₹ 12 Lakh | ₹ 25,787 | ₹ 38,824 |
Which is a better bank for Personal Loan – IDFC First Bank or HDB Financial?
IDFC First Bank offers lower Personal Loan EMI at Rs. 2149 for 60 Months compared to HDB Financial with a minimum EMI of Rs. 3235 for 60 Months. In addition, average customer ratings for IDFC First Bank is currently at 4.6/5.0, making it a good choice for taking a Personal Loan.
How does IDFC First Bank Personal Loan compare with HDB Financial Personal Loan?
It is important to make a detailed comparison of IDFC First Bank and HDB Financial on all loan terms and conditions to understand their differences and make an informed decision. Keep in mind that each bank’s scheme has its 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:
Which bank offers a lower interest rate on Personal Loan – IDFC First Bank or HDB Financial?
As per the current rates, IDFC First Bank offers a lower interest rate of 10.49% on loans compared to HDB Financial, which offers a Personal Loan at 30.00%.
Know more about IDFC First Bank Personal Loan
Know more about HDB Financial Personal Loan
Compare IDFC First Bank Personal Loan With Other Banks
Compare HDB Financial Personal Loan With Other Banks
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