HDFC Bank offers personal loans up to ₹40 lakhs. The actual loan amount depends on your income, credit score, existing obligations, and repayment capacity. Existing customers with good credit history may get higher loan amounts.

For existing HDFC Bank customers with pre-approved offers, the loan can be disbursed within 24-48 hours. For new customers, it typically takes 3-5 working days after document verification and approval.

Yes, HDFC Bank allows prepayment of personal loans without any prepayment or foreclosure charges. You can prepay the entire outstanding amount or make part payments anytime during the loan tenure.

While HDFC Bank may consider applications with a credit score of 650+, a score of 750 or above significantly increases your chances of approval and helps you get better interest rates. Higher credit scores also mean faster approval.

Yes, HDFC Bank charges a processing fee ranging from 1% to 2.50% of the loan amount, depending on your credit profile and relationship with the bank. This fee is deducted from the loan amount at the time of disbursal.

Yes, HDFC Bank offers personal loans to self-employed individuals including professionals, businessmen, and traders. You need to have a minimum business vintage of 3 years and provide ITR for the last 2 years along with other documents.

Missing an EMI payment will attract a late payment fee of ₹500 + GST. It will also negatively impact your credit score. If you anticipate difficulty in making payments, contact HDFC Bank immediately to discuss restructuring options.

Once a loan is disbursed, you cannot increase the same loan amount. However, you can apply for a top-up loan after repaying at least 6-12 EMIs of your existing loan, subject to eligibility and bank approval.