How to check principal outstanding in HDFC home loan?

Around one and a half years back, I took out a personal loan from HDFC Bank. Since the loan was nearing its end, I wanted to know about the outstanding amount. To know about that, I called the HDFC and bank and asked about the same. The executive informed me about the amount. Following that, he also informed me about a few other ways. Here are a few more methods on how to check HDFC home loan principal outstanding. 

How to Know HDFC Home Loan Principal Outstanding Balance?

As mentioned by the bank employee, here are some of the ways through which you should be able to check the principal outstanding in HDFC home loan. 

Through HDFC Netbanking

• Visit the

  HDFC Netbanking portal.

   

• Locate the Loans section and click on the Personal Loan option.

• Look for the outstanding balance option or something similar. 

• Click on it to know about the amount. 

Through the HDFC Mobile App

• Open the HDFC mobile app.

• Log in with your credentials. 

• Now, visit the loans section and you should be able to see the outstanding amount.

And that’s all he told me about how to check principal outstanding in HDFC home loan. I think checking through the mobile app is the easiest way. Hope this helps. 

The HDFC home loan principal outstanding balance is simply the total amount of money it would take to pay off the loan in full. Now let me tell you how to check principal outstanding in HDFC home loan.

All you have to do is check your loan account statement. Check out the several ways to do that:

• Email them at loan@hdfccredila.com through your registered email ID

• Go to your respective branch and ask them to provide you the same

• Send them a request using this

  link

• Log in to "

  Access My Loan Account

  " with your username and password to get the system-generated Loan Account statement

There you will find the Repayment schedule or Amortisation schedule. It is a table of periodic blended loan payments, which shows the principal amount and the interest amount that comprise each payment (MI/PMII) so that the loan will be paid off at the term’s end.

You can view the repayment track record (Loan Statement/Ledger) for the details of the repayment of a loan towards interest, principal and outstanding principal for each month along with several other details, such as part payment, and more.

I hope now you know the process of

HDFC home loan outstanding balance check

.