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HDFC Personal Loan of 30000
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Do you require a quick and easy way to access funds? HDFC Personal Loan 30000 could be the practical solution for you. In times of financial need, a personal loan of 30,000 from HDFC can also be a life-saver. Whether for unexpected expenses or a small investment, this unsecured loan offers a convenient and hassle-free way to meet your requirements without needing collateral. With Urban Money’s EMI calculator, you can gauge your choices, calculate your EMI, and experience a stress-free borrowing experience with HDFC. Here, you can explore the details of HDFC’s 30000 personal loan, covering eligibility, documents, fees, and more.
30000 Personal Loan HDFC – Highlights
The HDFC Bank personal loan of 30,000 is available to borrowers at the following terms.
Feature | Benefit |
Loan Amount | ₹30,000 |
Flexible Tenure | 12 to 60 months |
Attractive Interest Rates | Starting at 11.99% |
Minimal Documentation | Quick and easy application process |
Instant Approval | Get your loan approved in just 10 minutes |
30000 Personal Loan EMI for 5 & 10 Years
Based on the starting 30,000 loan interest rate of 10.50% p.a., here are the loan’s EMIs for up to 5 years.
Month | Beginning Loan Balance | EMI | Principal | Monthly Interest | Outstanding Balance |
1 | ₹ 30000 | ₹ 645 | ₹ 382 | ₹ 263 | ₹ 29618 |
12 | ₹ 25606 | ₹ 645 | ₹ 421 | ₹ 224 | ₹ 25185 |
24 | ₹ 20306 | ₹ 645 | ₹ 467 | ₹ 178 | ₹ 19839 |
36 | ₹ 14423 | ₹ 645 | ₹ 519 | ₹ 126 | ₹ 13904 |
48 | ₹ 7891 | ₹ 645 | ₹ 576 | ₹ 69 | ₹ 7315 |
60 | ₹ 639 | ₹ 645 | ₹ 639 | ₹ 6 | ₹ 0 |
Based on the starting 30,000 loan interest rate of 10.50% p.a., here are the loan’s EMIs for up to 10 years.
Month | Beginning Loan Balance | EMI | Principal | Monthly Interest | Outstanding Balance |
1 | ₹ 30000 | ₹ 405 | ₹ 142 | ₹ 263 | ₹ 29858 |
12 | ₹ 28364 | ₹ 405 | ₹ 157 | ₹ 248 | ₹ 28208 |
24 | ₹ 26392 | ₹ 405 | ₹ 174 | ₹ 231 | ₹ 26218 |
36 | ₹ 24202 | ₹ 405 | ₹ 193 | ₹ 212 | ₹ 24009 |
48 | ₹ 21771 | ₹ 405 | ₹ 214 | ₹ 190 | ₹ 21556 |
60 | ₹ 19071 | ₹ 405 | ₹ 238 | ₹ 167 | ₹ 18833 |
72 | ₹ 16075 | ₹ 405 | ₹ 264 | ₹ 141 | ₹ 15811 |
84 | ₹ 12748 | ₹ 405 | ₹ 293 | ₹ 112 | ₹ 12455 |
96 | ₹ 9054 | ₹ 405 | ₹ 326 | ₹ 79 | ₹ 8729 |
108 | ₹ 4954 | ₹ 405 | ₹ 361 | ₹ 43 | ₹ 4592 |
120 | ₹ 401 | ₹ 405 | ₹ 401 | ₹ 4 | ₹ 0 |
Compare 30000 Lakh Personal Loan From Other Banks & NBFC
When choosing a personal loan, comparing options is crucial. Here’s a quick comparison of 30,000 HDFC personal loans with other leading banks and NBFCs, helping you make an informed decision.
Bank/NBFC | Interest Rate | Processing Fee |
HDFC Bank | 11.99% | Up to 2% |
ICICI Bank | 12.50% | Up to 3% |
Axis Bank | 13.25% | Up to 4% |
Bajaj Finserv | 14.00% | Up to 5% |
30000 HDFC Home Loan – Fees and Charges
Availing a 30,000 personal loan from HDFC comes with transparency. Similarly, understanding the associated fees and charges is crucial to manage your budget effectively.
Fee | Description |
Processing Fee | Up to 2% of loan amount |
Prepayment Fee | Up to 5% of outstanding balance |
Late Payment Fee | 2% of overdue EMI |
30000 HDFC Home Loan – Documents Required
The list includes identity proof to income statements for 30,000 personal loan documents for HDFC Bank. Here’s a comprehensive list to ensure a smooth processing experience.
- Identity proof: PAN card, Aadhaar card, or voter’s ID
- Address proof: Electricity bill, rental agreement, or bank statement
- Income proof: Salary slips for the last three months or ITR
- Bank statement: Copy of bank statements for the previous six months
- Employment proof: Appointment letter for salary certificate
30000 HDFC Home Loan – Eligibility Criteria
Before applying, learn about the prerequisites and kickstart your journey for 30,000 personal loan eligibility for HDFC Bank.
Criterion | Requirement |
Age | 21 to 60 years |
Employment | Salaried or self-employed |
Minimum Income | ₹25,000 per month |
Credit Score | 750 or above |