HDFC Bank personal loan interest rate and EMI calculator
HDFC Bank's personal loan for salaried people, up to ₹1 crore at 9.99% to 24% a year, with a flat processing fee of up to ₹6,500 and foreclosure charges of 2% to 4% throughout the loan.
- 9.99% to 24% a year
- Up to ₹1 crore
- 3 months to 6 years
We don't arrange HDFC Bank loans. These figures are from HDFC Bank's own pages, for comparison; apply on HDFC Bank's own website or branch.
Rates and charges
- Interest rate
- 9.99% to 24% a year
- Other published rates
- 9.99% to 24% a year is HDFC Bank's published rate range for salaried borrowers (October 2026). Loans it gave in Apr–Jun 2026 ranged from 9.97% to 24.06% (average 10.89%), with an APR of 9.99% to 33.94%. The 9.99% starting rate is advertised for loans of ₹15 lakh or more. No separate rate is published for government employees.
- Processing fee
- Up to ₹6,500 + GST, a flat amount rather than a percentage of the loan. Not refunded if you cancel.
- Loan amount
- Up to ₹1 crore
- Tenure
- 3 months to 6 years
- Closing early
- A percentage of the principal still owed, + GST: 4% if you close within the first 24 EMIs, 3% after 24 and up to 36 EMIs, and 2% after 36 EMIs.
- Part-prepayment
- Allowed after the first EMI, up to 25% of the principal owed, once a financial year and twice over the whole loan. The charge on the amount prepaid is 4% up to 24 EMIs, 3% from 24 to 36 EMIs and 2% after 36 EMIs, + GST.
- Who can apply
- Salaried
- Minimum income
- ₹25,000 a month
- Age
- 21–60 years
HDFC Bank personal loan EMI calculator
Prefilled with HDFC Bank's lowest published rate. Change any number to match your offer.
Your loan
- Monthly EMI
- ₹16,131
- Total interest
- ₹80,725
- Processing fee + 18% GST
- ₹11,800
- Total cost of the loan
- ₹92,525
- Effective annual cost
- 11.64%
- Money in hand
- ₹4,88,200
- You pay back in 3 yr
- ₹5,92,525
Total cost = interest + processing fee + GST. Effective annual cost is the yearly rate you really pay on the money in hand, the way lenders work out the APR in a Key Fact Statement.
Same loan, different tenures
| Tenure | EMI | Total interest | Total cost (incl. fee + GST) | Effective annual cost |
|---|---|---|---|---|
| 12 months | ₹43,956 | ₹27,467 | ₹39,267 | 14.53% |
| 24 months | ₹23,070 | ₹53,684 | ₹65,484 | 12.39% |
| 36 months (yours) | ₹16,131 | ₹80,725 | ₹92,525 | 11.64% |
| 48 months | ₹12,679 | ₹1,08,587 | ₹1,20,387 | 11.26% |
| 60 months | ₹10,621 | ₹1,37,264 | ₹1,49,064 | 11.03% |
A longer tenure lowers the EMI but raises the total interest. A fixed fee costs more per year on a short loan.
Lenders you can apply to through us
The lowest published starting rates among the lenders we compare. We may earn a commission from these.
- IDFC FIRST BankFrom 9.99% a year · ₹50,000 to ₹15 lakhApply nowVia our referral partner. We may earn a commission.
- Poonawalla FincorpFrom 9.99% a year · ₹1 lakh to ₹50 lakhApply nowVia our referral partner. We may earn a commission.
- InCred10% to 36% a year · ₹50,000 to ₹15 lakhApply nowVia our referral partner. We may earn a commission.
- KreditBee12% to 27.5% a year · ₹3,000 to ₹10 lakhApply nowVia our referral partner. We may earn a commission.
Not sure which lender will approve you? See offers matched to your profile
Check your loan offersVia our referral partner. It uses your PAN, credit score and income to suggest lenders likely to approve you. Approval isn't guaranteed. We may earn a commission. CreditParakh is not a bank or lender and doesn't guarantee approval. Approval is at the bank's or lender's discretion.
Questions people ask
What is the HDFC Bank personal loan interest rate?
HDFC Bank publishes 9.99% to 24% a year. 9.99% to 24% a year is HDFC Bank's published rate range for salaried borrowers (October 2026). Loans it gave in Apr–Jun 2026 ranged from 9.97% to 24.06% (average 10.89%), with an APR of 9.99% to 33.94%. The 9.99% starting rate is advertised for loans of ₹15 lakh or more. No separate rate is published for government employees. The rate you're offered depends on your credit score, income and employer.
What is the EMI on a ₹5 lakh HDFC Bank personal loan?
At HDFC Bank's lowest published rate of 9.99%, about ₹16,131 a month over 36 months; at 24%, about ₹19,616. Use the calculator above for your own amount and tenure.
What is HDFC Bank's personal loan processing fee?
Up to ₹6,500 + GST, a flat amount rather than a percentage of the loan. Not refunded if you cancel. GST at 18% is added to the fee.
Can I close a HDFC Bank personal loan early?
Closing early: A percentage of the principal still owed, + GST: 4% if you close within the first 24 EMIs, 3% after 24 and up to 36 EMIs, and 2% after 36 EMIs. Part-prepayment: Allowed after the first EMI, up to 25% of the principal owed, once a financial year and twice over the whole loan. The charge on the amount prepaid is 4% up to 24 EMIs, 3% from 24 to 36 EMIs and 2% after 36 EMIs, + GST.
Can I apply for a HDFC Bank personal loan through CreditParakh?
No. We don't arrange HDFC Bank loans; apply on HDFC Bank's own website, app or branch. If you'd like offers from several lenders at once, our partner's matching page suggests lenders based on your profile.
Related
- True Cost of a Personal Loan: Fees and APRWhat a personal loan really costs: flat vs reducing rate, processing fee and GST, APR in the Key Fact Statement, foreclosure and penal charges.
- Big banks' personal loan ratesSBI, HDFC, ICICI and others side by side
- Processing fees and foreclosure chargesEvery lender's charges in rupees
Last verified 21 Oct 2026 on each issuer's official page. Rates and fees change; check the lender's terms before you apply.
Source (HDFC Bank's own page, not linked because we don't arrange its loans): https://www.hdfc.bank.in/personal-loan/interest-rates-and-charges. CreditParakh is not a bank or lender and doesn't guarantee approval. Approval is at the bank's or lender's discretion.