Personal Loan Features
Content
1. Personal Loan Features & Benefits
Borrow up to Rs 15,00,000 for any purpose depending on your requirements. Flexible Repayment options, ranging from 12 to 60 months. Repay with easy EMIs. One of the lowest interest rates. Hassle free loans - No guarantor/security/collateral required. Speedy loan approval. Convenience of service at your doorstep.
Credit Shield
In case of death or total permanent disability of the loanee,the loanee/nominee can avail of the Payment Protection Insurance (Credit Shield) which insures the principle outstandings on the loan upto a maximum of the loan amount.Principle outstanding is defined as the amount of loan outstanding (not including any arrears in payment or interest thereon) at the Date of Loss,having accounted for payments made and interest accruing as determined in the Policy. Hence,the amount covered does not include any principal added because of non - payment of EMI and also will not include interest/ accrued charges.*
Personal Accident Cover
In order to ensure that your family is taken care of we also offer a Personal Accident cover of Rs.2,00,000 at a nominal premium.* * Premium will be charged for both these products which will be deducted from the loan amount at the time of disbursal .A transaction fee of Rs.750 will also be deducted at the time of disbursal. Please note that service tax @ 10% and Education cess of 3% will also be charged.
2. Home Loans Features & Benefits
Home Loan - Home loans for individuals to purchase (fresh / resale) or construct
houses. Application can be made individually or jointly. HDFC finances up to 85% maximum of the cost of the property (Agreement value + Stamp duty + Registration charges) based on the repayment capacity of the customer.
Home Improvement Loan - HIL facilitates internal and external repairs and other
structural improvements like painting, waterproofing, plumbing and electric works, tiling and flooring, grills and aluminium windows. HDFC finances up to 85% of the cost of renovation (100% for existing customers) subject to market value of the property..
Home Extension Loan - HEL facilitates the extension of an existing dwelling unit. All
the terms are the same as applicable to Home Loan.
Land Purchase Loan - Be it land for a dream house, or just an investment for the
future, HDFC Land Purchase Loan is a convenient loan facility to purchase land. HDFC finances up to 85% of the cost of the land (Conditions Apply). Repayment of the loan can be done over a maximum period of 15 years.
Choose from Fixed Rate or Floating Rate with options to structure your loan as
Partly Fixed or Partly Floating.
Flexible repayment options to suit your individual needs. Loan cover Term Assurance Plan - HDFC Standard Life Insurance Company Ltd.
offers an insurance plan*, which is designed to ensure that life's uncertainties do not affect your family's interests and your precious home. LCTAP provides a lump-sum payment on the unfortunate demise of the life assured. This pure risk plan is designed in a way that the cover decreases as you repay your home loan making it a low cost premium insurance plan. *Insurance is the subject matter of solicitation.
Automated Repayment of Home loan EMI - You can give us standing instructions to
repay your Home Loan EMIs directly from your HDFC Bank Savings Account, thus, saving you the trouble of procuring, signing and tracking post-dated cheques. HDFC also offers In-house scrutiny of Property documents for your complete peace of mind.
Customer privileges - If you are an existing HDFC Home Loan customer, you can
avail of other loans (such as Personal Loans, Car Loans, Two-wheeler Loans and Loan against securities) at lower interest rates.
SMART DRAFT
Features & Benefits
Overdraft limit up to 3 times the salary* Minimum documentation No pre-closure charges Easy-to-use and easy-to-pay facility Freedom to use limit through Cheque book, ATM, online transfer, etc. Interest payable on the amount utilised Credits in the account set-off utilisation and help save interest Easy documentation Limit will be set on the existing account Non EMI based facility
LOAN AGAINST SECURITIES
Single Scrip Lending - up to 50% of the value with any Depository Participant. (please contact us to know the drawing power of the scrips) Click here to know more.
Minimum loan amount: Rs. 2,00,000/Pay interest only on the amount outstanding and only for the time you use it. Interest is calculated on the daily outstanding balance and debited to your account every month end. Shares can be pledged from any Depository (NSDL or CDSL) and any Depository Participant across the country Loan available to NRIs against Shares, Mutual Funds(equity,Debt,FMPs), Insurance Policies,NSC,KVP To receive the overdraft amount, a Current Account with an overdraft limit is created in your name. This entitles you to all the Current Account benefits like FREE International Debit Card, FREE PhoneBanking, FREE NetBanking.
LOAN AGAINST PROPERTY
Features & Benefits
Loans to expand your business or to meet any personal need Residential & Commercial properties accepted Maximum Loan to value* Flexible product offerings - EMI based loan / Overdraft facility available.
High tenure loans for ease of repayment. Attractive interest rates. Specially designed products for Self Employed.
LOAN AGAINST RENTAL RECEIVABLES
Salient Features & Benefits:
Higher eligibility on net rentals. Attractive interest rates. Extended loan tenure available. Customized product to suit your needs and structured specially for you. Simple documentation and fast processing
HEALTHCARE FINANCE
Product Offering
We at HDFC Bank - Healthcare Finance offers easy loans for: New Equipment Finance : Finances for purchase of new medical equipment. Balance Transfer / Takeover : Transfer your equipment loans from other financiers at attractive interest rates with us. Funding for Imported Equipment's : Finance on imported equipment's by opening a Letter of Credit or through Telegraphic Transfer. Refinance / Used Asset Finance : Funding against your existing lien-free assets. Hospital Infrastructure Finance : Funding for real estate / infrastructure to meet your growing expansion plans.
Loan Features
Loan amounts ranging from Rs. 100,000/- onwards Loans upto 80% of invoice value Repayment period of 12 to 60 months Repayment through post dated cheque / direct debit mandate
Equipment to be hypothecated to HDFC Bank Attractive Interest Rates
WAREHOUSE RECEIPT
Features & Benefits
Loans from Rs. 1 Lacs onwards depending on your needs. Avail Loan against wide range of commodities Funding extended against commodities stocked in a range of different WH/Godowns Attractive interest rates. Quick loan approval process Avail loan against Demat commodities Customer privileges - Existing asset relationship customers can avail a special Top-Up loan facility. Stock insurance cover - We also offer you stock insurance facility for commodity stocked.
EDUCATIONAL LOANS
Features & Benefits –Indian Education
Student Loans Upto Rs. 15 Lakhs for education In India Unsecured Lending Upto INR 7.5 Lakhs No Collateral Or Third Party Guarantee** Wider Range Of Collateral For Loans Above INR 7.5 Lakhs Residential Property HDFC Bank Fixed Deposit LIC/NSC/KVP Loan available upto tenure of 7 years including moratorium period Repayment to start 1 year after course completion / 6 months after obtaining employment (whichever is earlier) Loans available for short duration/ job oriented courses also Avail the tax rebate, offered under section 80-E of the Income Tax Act 1961* for the entire interest amount paid towards your education loan.
Click here to view the income tax circular. E-mail [email protected] to receive interest certificate for FY 09-10. Loans available for other course related expenses also!
CAR LOAN
Features & Benefits
Covers the widest range of cars and multi-utility vehicles in India. Avail 100% finance on your favourite car.** Flexible repayment options, ranging from 12 to 84 months. Borrow up to 3 times your annual salary (for salaried professionals) and 6 times your annual income (for self employed professionals)*. Speedy processing - within 48 hours. Repay with easy EMIs. Attractive car loan plans - To Fastrack your loan, just choose the plan that is right for you. Attractive Interest rates Hassle-free documentation. Customer Privileges If you are an HDFC Bank account holder, we have special rates for you. If you have had a Preferred Account or a Corporate Salary Account with HDFC Bank for more than six months, you can get fast approvals on your loans with minimal documentation. If you are an existing HDFC Bank Car Loan customer with a clear repayment of 12 months or more we can Top-Up your car loan to the extent of the original loan value.
Borrow up to Rs 15,00,000 for any purpose depending on your requirements. Flexible Repayment options, ranging from 12 to 60 months. Repay with easy EMIs. One of the lowest interest rates. Hassle free loans - No guarantor/security/collateral required. Speedy loan approval. Convenience of service at your doorstep.
Credit Shield
In case of death or total permanent disability of the loanee,the loanee/nominee can avail of the Payment Protection Insurance (Credit Shield) which insures the principle outstandings on the loan upto a maximum of the loan amount.Principle outstanding is defined as the amount of loan outstanding (not including any arrears in payment or interest thereon) at the Date of Loss,having accounted for payments made and interest accruing as determined in the Policy. Hence,the amount covered does not include any principal added because of non - payment of EMI and also will not include interest/ accrued charges.*
Personal Accident Cover
In order to ensure that your family is taken care of we also offer a Personal Accident cover of Rs.2,00,000 at a nominal premium.* * Premium will be charged for both these products which will be deducted from the loan amount at the time of disbursal .A transaction fee of Rs.750 will also be deducted at the time of disbursal. Please note that service tax @ 10% and Education cess of 3% will also be charged.
2. Home Loans Features & Benefits
Home Loan - Home loans for individuals to purchase (fresh / resale) or construct
houses. Application can be made individually or jointly. HDFC finances up to 85% maximum of the cost of the property (Agreement value + Stamp duty + Registration charges) based on the repayment capacity of the customer.
Home Improvement Loan - HIL facilitates internal and external repairs and other
structural improvements like painting, waterproofing, plumbing and electric works, tiling and flooring, grills and aluminium windows. HDFC finances up to 85% of the cost of renovation (100% for existing customers) subject to market value of the property..
Home Extension Loan - HEL facilitates the extension of an existing dwelling unit. All
the terms are the same as applicable to Home Loan.
Land Purchase Loan - Be it land for a dream house, or just an investment for the
future, HDFC Land Purchase Loan is a convenient loan facility to purchase land. HDFC finances up to 85% of the cost of the land (Conditions Apply). Repayment of the loan can be done over a maximum period of 15 years.
Choose from Fixed Rate or Floating Rate with options to structure your loan as
Partly Fixed or Partly Floating.
Flexible repayment options to suit your individual needs. Loan cover Term Assurance Plan - HDFC Standard Life Insurance Company Ltd.
offers an insurance plan*, which is designed to ensure that life's uncertainties do not affect your family's interests and your precious home. LCTAP provides a lump-sum payment on the unfortunate demise of the life assured. This pure risk plan is designed in a way that the cover decreases as you repay your home loan making it a low cost premium insurance plan. *Insurance is the subject matter of solicitation.
Automated Repayment of Home loan EMI - You can give us standing instructions to
repay your Home Loan EMIs directly from your HDFC Bank Savings Account, thus, saving you the trouble of procuring, signing and tracking post-dated cheques. HDFC also offers In-house scrutiny of Property documents for your complete peace of mind.
Customer privileges - If you are an existing HDFC Home Loan customer, you can
avail of other loans (such as Personal Loans, Car Loans, Two-wheeler Loans and Loan against securities) at lower interest rates.
SMART DRAFT
Features & Benefits
Overdraft limit up to 3 times the salary* Minimum documentation No pre-closure charges Easy-to-use and easy-to-pay facility Freedom to use limit through Cheque book, ATM, online transfer, etc. Interest payable on the amount utilised Credits in the account set-off utilisation and help save interest Easy documentation Limit will be set on the existing account Non EMI based facility
LOAN AGAINST SECURITIES
Single Scrip Lending - up to 50% of the value with any Depository Participant. (please contact us to know the drawing power of the scrips) Click here to know more.
Minimum loan amount: Rs. 2,00,000/Pay interest only on the amount outstanding and only for the time you use it. Interest is calculated on the daily outstanding balance and debited to your account every month end. Shares can be pledged from any Depository (NSDL or CDSL) and any Depository Participant across the country Loan available to NRIs against Shares, Mutual Funds(equity,Debt,FMPs), Insurance Policies,NSC,KVP To receive the overdraft amount, a Current Account with an overdraft limit is created in your name. This entitles you to all the Current Account benefits like FREE International Debit Card, FREE PhoneBanking, FREE NetBanking.
LOAN AGAINST PROPERTY
Features & Benefits
Loans to expand your business or to meet any personal need Residential & Commercial properties accepted Maximum Loan to value* Flexible product offerings - EMI based loan / Overdraft facility available.
High tenure loans for ease of repayment. Attractive interest rates. Specially designed products for Self Employed.
LOAN AGAINST RENTAL RECEIVABLES
Salient Features & Benefits:
Higher eligibility on net rentals. Attractive interest rates. Extended loan tenure available. Customized product to suit your needs and structured specially for you. Simple documentation and fast processing
HEALTHCARE FINANCE
Product Offering
We at HDFC Bank - Healthcare Finance offers easy loans for: New Equipment Finance : Finances for purchase of new medical equipment. Balance Transfer / Takeover : Transfer your equipment loans from other financiers at attractive interest rates with us. Funding for Imported Equipment's : Finance on imported equipment's by opening a Letter of Credit or through Telegraphic Transfer. Refinance / Used Asset Finance : Funding against your existing lien-free assets. Hospital Infrastructure Finance : Funding for real estate / infrastructure to meet your growing expansion plans.
Loan Features
Loan amounts ranging from Rs. 100,000/- onwards Loans upto 80% of invoice value Repayment period of 12 to 60 months Repayment through post dated cheque / direct debit mandate
Equipment to be hypothecated to HDFC Bank Attractive Interest Rates
WAREHOUSE RECEIPT
Features & Benefits
Loans from Rs. 1 Lacs onwards depending on your needs. Avail Loan against wide range of commodities Funding extended against commodities stocked in a range of different WH/Godowns Attractive interest rates. Quick loan approval process Avail loan against Demat commodities Customer privileges - Existing asset relationship customers can avail a special Top-Up loan facility. Stock insurance cover - We also offer you stock insurance facility for commodity stocked.
EDUCATIONAL LOANS
Features & Benefits –Indian Education
Student Loans Upto Rs. 15 Lakhs for education In India Unsecured Lending Upto INR 7.5 Lakhs No Collateral Or Third Party Guarantee** Wider Range Of Collateral For Loans Above INR 7.5 Lakhs Residential Property HDFC Bank Fixed Deposit LIC/NSC/KVP Loan available upto tenure of 7 years including moratorium period Repayment to start 1 year after course completion / 6 months after obtaining employment (whichever is earlier) Loans available for short duration/ job oriented courses also Avail the tax rebate, offered under section 80-E of the Income Tax Act 1961* for the entire interest amount paid towards your education loan.
Click here to view the income tax circular. E-mail [email protected] to receive interest certificate for FY 09-10. Loans available for other course related expenses also!
CAR LOAN
Features & Benefits
Covers the widest range of cars and multi-utility vehicles in India. Avail 100% finance on your favourite car.** Flexible repayment options, ranging from 12 to 84 months. Borrow up to 3 times your annual salary (for salaried professionals) and 6 times your annual income (for self employed professionals)*. Speedy processing - within 48 hours. Repay with easy EMIs. Attractive car loan plans - To Fastrack your loan, just choose the plan that is right for you. Attractive Interest rates Hassle-free documentation. Customer Privileges If you are an HDFC Bank account holder, we have special rates for you. If you have had a Preferred Account or a Corporate Salary Account with HDFC Bank for more than six months, you can get fast approvals on your loans with minimal documentation. If you are an existing HDFC Bank Car Loan customer with a clear repayment of 12 months or more we can Top-Up your car loan to the extent of the original loan value.
