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Pre-loan Eligibility checker

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Last updated on: June 16, 2025

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HDFC bank Personal Loan Eligibility Calculator

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HDFC bank Personal Loan Eligibility Calculator

Check your loan eligibility in less than a minute. HDFC Bank offers personal loans upto Rs. 40 Lakhs with a tenure up to 5 years. Experience the convenience of an HDFC personal loan, your solution to all financial goals. Whether it’s a planned expense or unplanned expense, a personal loan makes it much easier. With seamless access to funds and quick and hassle-free loan processing, HDFC Bank is your go-to place for personal loans.

Personal Loan Eligibility at HDFC Bank

Eligibility CriteriaRequirement
Age21 to 60 years (salaried individuals)
Minimum Net Monthly IncomeTypically ₹20,000 and above (may vary by city or profession)
Minimum Work ExperienceAt least 2 years of total work experience
Minimum CIBIL ScoreUsually 650 and above (subject to lender policies)
Employment TypeSalaried individuals in permanent employment
Loan AmountBased on a percentage of the net monthly income
Loan TenureGenerally up to 5 years (may vary based on applicant profile and policy)

Additional Factors Affecting Personal Loan Eligibility

In addition to the baseline criteria outlined above, lenders may consider several other factors when evaluating your personal loan eligibility:

  • Debt-to-Income Ratio (DTI): This metric represents the percentage of your gross monthly income allocated towards debt obligations, including existing loans, credit card balances, and housing expenses. Lenders typically prefer a DTI of 43% or lower, indicating that your debt burden is manageable.

  • Employment Stability: A stable employment history demonstrates your ability to generate consistent income, making you a less risky borrower. Lenders generally prefer applicants who have been employed with their current employer for at least two years.

  • Credit History: Your credit history provides lenders with insights into your past borrowing behavior and repayment habits. A good credit history, typically reflected in a credit score of 750 or above, indicates a responsible financial approach.

FAQ on HDFC Personal Loan Eligibility Calculator

How accurate is the HDFC Personal Loan Eligibility calculator?

HDFC bank sophisticated and proprietary algorithms that takes into account various factors such as monthly income, existing debts, and interest rate to arrive at a amount which will be close to reality

What are the factors affecting my eligibility while applying for a Personal Loan?

Several factors determine your personal loan eligibility including your monthly income, existing loans or liabilities, credit score, age, employment status, and repayment capacity

Will I get the exact amount shown in HDFC Personal Loan eligibility calculator?

While the calculator provides a good estimate of the amount you will receive, always remember, the final amount disbursed is entirely at the discretion of the bank

Can I apply for a personal loan directly through the HDFC Personal Loan Eligibility Calculator?

No, the HDFC Personal Loan Eligibility Calculator is a tool designed to help you assess your eligibility for a personal loan. You can either apply through Fincover website or directly in the portal of HDFC bank

Prem Anand written by
Prem Anand
Prem Anand
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Prem Anand
10 + years Experienced content writer specializing in Banking, Financial Services, and Insurance sectors. Proven track record of producing compelling, industry-specific content. Expertise in crafting informative articles, blog posts, and marketing materials. Strong grasp of industry terminology and regulations.
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Prem Anand Reviewed by
GuruMoorthy A
Prem Anand
Founder and CEO
Gurumoorthy Anthony Das
With over 20 years of experience in the BFSI sector, our Founder & MD brings deep expertise in financial services, backed by strong experience. As the visionary behind Fincover, a rapidly growing online financial marketplace, he is committed to revolutionizing the way individuals access and manage their financial needs.
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