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HDFC PERSONAL LOAN

HDFC will lend you as much as Rs. 15,00,000/- for your requirements, whether it's for a dream vacation, wedding in the family or to pay the fees of your childs education. You will get some exclusive features and benefits with your HDFC Bank Personal Loan Choose when you can pay us back anytime between 12 to 60 months. You can repay with EasyEMIs at best in class interest rates. We dont ask for any guarantor surety or collateral. We approve loans quickly. Our service will come to your door if you need us.

Credit Shield Should anything unfortunate happen to you, such as death or permanent disability due to accident, and you cant pay off your loan, we really do understand, and thats why we arrange for a special Payment Protection Insurance (Credit Shield). This Credit Shield insures the principal outstanding on your loan up to the maximum loan amount. (*) Principal outstanding is the amount you still owe on the loan, taking into account payments you made and interest accrued, as determined in the loan policy. The loan amount Credit Shield covers does not include any principal added because of EMIs not paid on time and also will not include interest/accrued charges.* Are you paid a regular salary? This category includes salaried doctors, CAs, employees of select public and private limited companies, government sector employees such as public sector undertakings and central, state and local bodies. You should: Be 21-60 years of age. Have had a job for at least 2 years, and a minimum of 1 year with your current employer. Earn at least Rs. 10,000/- per month net income (Rs. 15,000/- in Mumbai, Delhi, Bangalore, Chennai and Hyderabad, Rs. 12,000 in Calcutta, Ahmedabad and Cochin). Documents need to submit: Proof of your identity: Copy of passport/voters ID card/driving license Proof of your address: Copy of ration card/telephone or electricity bill/rental agreement/passport Your last 3 months bank statement/6 months bank passbook Your most recent salary slip or current dated salary certificate with the latest Form 16. Are you a self-employed individual? This category includes self-employed sole proprietors, partners and directors in the business of manufacturing, trading or services. You should: Be 21-65 years of age Be in the business for at least 3 years in your current organisation, with 5 years of total experience. Earn at least Rs. 1,00,000 per year Documents need to submit:

Proof of your identity: Copy of passport/voters ID card/driving license. Proof of your address: Copy of ration card/telephone or electricity bill/rental agreement/passport copy/trade license/Sales Tax Certificate/Est./ Sales Tax certificate Your last 6 months bank statement/passbook. Copy of latest income tax return (ITR) along with computation of income, balance sheet (B/S) and profit and loss (P&L) a/c for the last 2 yrs. certified by a CA Proof of continuation (Trade license /Establishment /Sales Tax certificate). Other mandatory documents are Sole Proprietor Declarations or Certified Copy of Partnership Deed, Certified Copy of Memorandum of Association (MOA), Articles of Association (AOA) and Board resolution.

What are the fees and charges you must pay?

Fee Rack interest rate

Amount to be Paid Salaried - 15.75% to 22.25% Self-employed businessman - 17.50% to 22.00% Self-employed profession - 14.50 to 15.00%

Loan processing charges

Up to 2.50% of the loan amount subject to a minimum of Rs. 1000

Prepayment

Salaried - No pre-payment permitted until repayment of 12 EMIs Self-employed - No pre-payment permitted until repayment of 6 EMIs

Pre-payment charges

Salaried - 4% of the principal outstanding after repayment of 12 EMIs. For topup/enhancements - 2% of the principal outstanding Self-employed - 4% of the principal outstanding after repayment of 6 EMIs

No Due Certificate/No Objection Certificate (NOC) Duplicate of No Dues Certificate/NOC Solvency Certificate Charges for late payment of EMI

NIL

Rs. 250/Not applicable 24% per annum on amount outstanding from

date of default Charges for changing from fixed to floating rate of interest Charges for changing from floating to fixed rate of interest Stamp duty & other statutory charges Credit assessment charges Non standard repayment charges Cheque swapping charges Loan re-booking charges/re-scheduling charges Loan cancellation charges Cheque bounce charges Legal/incidental charges CIBIL Report Copy Charges As per applicable laws of the state Not applicable Not applicable Rs. 500/- per event Rs. 1000/Rs. 1000/Rs. 450/- per cheque bounce At actual Rs.50 per copy Not applicable Not applicable