HDFC Bank’s personal loan processing fee is capped at ₹6,500 plus GST — ₹7,670. It is a flat cap, not a percentage. Every other lender we track charges a percentage of the loan, with ceilings from 1.5% to 5%, so on a ₹20 lakh loan that is ₹7,670 here against ₹1,18,000 at Kotak Mahindra Bank. This is a fixed-rate loan, so closing it early may cost you; the Golden Edge programme allows it after 12 EMIs.
HDFC Bank personal loan fees
| Particular | Detail |
|---|---|
| Loan processing charge | Up to ₹6,500 + GST |
| What that is including GST | ₹7,670 |
| Fee structure | Flat cap in rupees, not a percentage — unusual in this market, and in your favour on larger loans |
| Stamp duty | At actuals, per state law |
| When it is charged | Deducted upfront from the disbursal |
| Foreclosure | Permitted after 12 EMIs under Golden Edge — a published programme term, not an RBI right, because the loan is fixed-rate |
From the bank’s own rate card — 26 Aug 2026 · HDFC Bank’s own personal loan page, hdfcbank.com
The same loan, the same fee, at eight lenders
This is the best thing about this loan, and it never shows up in a rate comparison. All figures include 18% GST.
| Lender and published fee | On ₹5 lakh / on ₹20 lakh |
|---|---|
| HDFC Bank — up to ₹6,500 flat | ₹7,670 / ₹7,670 — the only flat fee in the table |
| State Bank of India — up to 1.5%, max ₹15,000 | ₹8,850 / ₹17,700 |
| ICICI Bank — up to 2% | ₹11,800 / ₹47,200 |
| Axis Bank — up to 2% | ₹11,800 / ₹47,200 |
| IDFC First Bank — up to 3.5%, GST included | ₹17,500 / ₹70,000 |
| Bajaj Finserv — up to 4.13%, GST included | ₹20,650 / ₹82,600 |
| Tata Capital — up to 5% | ₹29,500 / ₹1,18,000 |
| Kotak Mahindra Bank — up to 5% | ₹29,500 / ₹1,18,000 — ₹1,10,330 more than HDFC Bank on the same ₹20 lakh loan |
From lender rate pages, checked individually — 17 Sep 2026 · Credsir personal loan rate table, 17 Sep 2026; GST at 18%.
A capped fee beats a lower rate on a big loan
On ₹5 lakh the difference is small: ₹7,670 here against ₹8,850 at State Bank of India or ₹29,500 at Kotak Mahindra Bank.
On ₹20 lakh it stops being small. HDFC Bank still charges ₹7,670. Kotak charges ₹1,18,000. That is ₹1,10,330 more, on the same loan — and it never appears in a comparison that ranks lenders by interest rate. To put it in context, ₹1,10,330 is roughly nine months of EMI on a ₹5 lakh five-year loan. The fee structure is not a small-print detail. Our table of personal loan interest rates ranks the rate; this page is the other half of the price.
The fee is deducted, not billed
The processing charge comes out of your loan before the money reaches you. On a ₹5 lakh loan you receive about ₹4,92,330 but you owe ₹5 lakh, and interest builds on the full amount for the whole term. So the real cost of borrowing is slightly higher than the rate you were quoted — and much higher when the fee is a percentage. A 5% fee on ₹20 lakh means you receive ₹18,82,000 and pay interest on ₹20 lakh for up to six years. The advertised rate has not changed; what you actually got for it has. Put the disbursed amount, not the sanctioned amount, into the EMI calculator if you want the honest cost.
Stamp duty is charged separately, at your state’s rates, and is not part of the processing fee.
What it costs to close early
This is a fixed-rate loan. The RBI rule banning prepayment and foreclosure charges covers floating-rate loans to individuals, so it does not apply here. A charge to close early is allowed.
HDFC Bank publishes its own terms instead. Under the Golden Edge programme, after you pay at least 12 EMIs you can close the loan fully or partly against the outstanding principal. That is a programme benefit the bank decides and can change. It is not a right you hold. So before you sign, ask what closing early costs at month 6, month 12 and month 24, and get the answer in writing. On a loan you expect to clear early, that answer can matter more than the interest rate.
How it compares
HDFC Bank has the joint lowest advertised rate of the 8 providers we track for this product, level with Axis Bank, ICICI Bank and IDFC First Bank; the figure itself is on HDFC Bank personal loan interest rate, and the shortlist across lenders is at best personal loans.
Common questions
What is the processing fee on an HDFC Bank personal loan?
Up to ₹6,500 plus GST, which is ₹7,670. It is a flat cap rather than a percentage of the loan — the only one in our table of 8 lenders — and it is taken out of the amount paid to you rather than billed separately.
Which lender has the cheapest personal loan processing fee?
HDFC Bank, on any loan above about ₹4.3 lakh, because its fee is capped at ₹7,670 with GST while every other lender we track charges a percentage. On ₹20 lakh that is ₹7,670 here against ₹17,700 at State Bank of India and ₹1,18,000 at Kotak Mahindra Bank.
Can I close an HDFC Bank personal loan early for free?
Not as a right. The RBI ban on prepayment charges covers floating-rate loans, and this is a fixed-rate loan. HDFC Bank offers its own Golden Edge terms instead, letting you close the loan fully or partly after 12 EMIs. Confirm the charge in writing before signing.
Terms change without notice. Confirm the current figures with the lender before you act.
Related reading
HDFC Bank Personal Loan EMI Calculator
What an HDFC Bank personal loan costs a month at both ends of the published range, and what each extra year of tenure adds in interest.
17 Sep 2026 · 4 min
HDFC Bank Personal Loan Interest Rate Today
HDFC Bank personal loans run 9.99% to 24.00% a year, fixed — the lowest advertised rate of the 8 lenders we track, and the widest range.
17 Sep 2026 · 6 min