About HDFC Bank lending
HDFC Bank's home loan pricing sits a little above SBI's for most profiles, but the bank is often more flexible on property approvals and processing timelines. Rates are linked to the repo rate and reset quarterly for most borrowers.
Personal loans are where the spread widens: a pre-approved customer on a salary account can be offered under 11%, while a self-employed applicant without a long banking relationship can be quoted above 18%. Always ask for the annualised rate, not the monthly reducing figure some agents quote.
HDFC Bank indicative rates
Ranges compiled 28 October 2026. Rates depend on your credit score, income and the loan-to-value ratio — always confirm with the bank before deciding.
| Product | Indicative rate | Typical tenure |
|---|---|---|
| Home loan | 8.35% – 9.90% | Up to 30 years |
| Personal loan | 10.50% – 21.00% | 1 – 6 years |
| Car loan | 9.00% – 11.00% | Up to 7 years |
| Business loan | 12.00% – 18.00% | Up to 5 years |
| Loan against property | 9.50% – 12.50% | Up to 15 years |
How to use this calculator
- Enter the amount you plan to borrow from HDFC Bank.
- Set the rate the bank has quoted you, and the tenure in months.
- Compare the total interest with a second lender's offer — that number, not the EMI, is what a lower rate really buys you.
How the EMI is worked out
EMI = [P × r × (1 + r)n] ÷ [(1 + r)n − 1], where P is the principal, r the monthly rate (annual ÷ 12 ÷ 100) and n the tenure in months. Every bank in India uses this reducing-balance method.
What an extra ₹2,000 a month would do
Same loan, same rate, one extra payment every month. This is the cheapest way to cut the total cost of any loan.
| Scenario | Monthly payment | Loan closes in | Total interest |
|---|
Floating-rate home loans to individuals carry no prepayment penalty in India. Personal and car loans often charge 2–5% of the outstanding amount — check before you prepay.
Year-wise amortisation schedule
How the loan actually unwinds: the interest share falls every year while the principal share rises.
Show the year-by-year break-up
| Year | Principal paid | Interest paid | Balance left |
|---|
Frequently asked questions
Does HDFC Bank charge a processing fee on home loans?
Yes, typically up to 0.5% of the loan amount plus GST, sometimes capped at a fixed rupee amount during offer periods. It is paid at disbursement and is not part of the EMI.
Can I prepay an HDFC Bank personal loan?
Usually after 12 EMIs, with a foreclosure charge of around 4% of the outstanding principal. Check the sanction letter — the terms differ between product variants.
What credit score does HDFC Bank want?
A score of 750 or above gets the best pricing. Between 700 and 750 you may still be approved but at a higher rate; below 700 approval becomes difficult without collateral.
Is the HDFC Bank EMI fixed for the whole tenure?
For floating-rate loans the EMI stays constant only until the next rate reset; the bank then adjusts either the EMI or the tenure. Fixed-rate products keep the EMI unchanged.