What is HDFC Personal Loan Processing Fee?

Before availing of a personal loan from HDFC, I enquired about every detail of it, including the processing fee HDFC personal loan and learned that the fee is up to Rs 6,500. This is a mandatory charge that the applicant needs to pay before or during the disbursement of the loan. I have every detail about HDFC personal loans, so let me just share them here for your reference.

What is the HDFC Bank Personal Loan Processing Fee?

The HDFC bank official stated that the HDFC bank processing fee for personal loan is up to Rs 6,500. Usually, banks charge a processing fee of about 0.5% to 2.50% of the total amount of the personal loan but in HDFC, it is stated as up to Rs 6,500. Maybe it depends on the borrower’s loan amount, tenure, credit history and other factors. This amount is even mentioned on the

so you can rely on this information.

Is Processing Fee Refundable in HDFC?

The processing fee gets refunded to the borrower only if the loan does not get sanctioned or disbursed. But, if it gets approved, the fee is usually not refunded unless the service provider commits to do so.

I hope I have answered all your HDFC bank personal loan processing charges related queries.

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One of the most important factors that usually causes concern when thinking about personal loan is the processing cost. I can tell you what is the processing fee for personal loan HDFC because my father applied for a personal loan from the same bank last year. In HDFC, the processing charge for a personal loan is up to Rs 4999 + GST. Let me share the complete details for the processing fees.

What is the HDFC Processing Fee for Personal Loan?

When my father applied for personal loan from HDFC, his bank manager informed us that the personal loan processing fee HDFC typically ranges from 0.5% to 2.50% of the total loan amount. 

• He also said that if the loan is not approved or disbursed, the charge is refundable.

• This one-time cost, which varies depending on the loan amount and other variables such as the loan amount requested, and the duration chosen, is assessed by the bank for completing your loan application.

In addition, he also said that HDFC Bank levies additional charges for personal loans, such as:

I hope this helps you get an idea of the processing fee for HDFC personal loan.

Hi,

I was planning to avail a personal loan from HDFC to finance my sister’s marriage. However, before applying for the loan, I researched the HDFC personal loan processing fee. I can share my findings with you.

What is HDFC Bank Personal Loan Processing Fee?

I was aware that the applicant must pay certain administrative expenses to process and approve your loan. This is normally a small sum, ranging from 0.5% to 2.50% of the overall loan amount, and it varies from bank to bank. Each bank sets a minimum and maximum amount that the borrower is required to pay towards loan processing fees. 

I discovered that the processing fee HDFC personal loan is up to Rs. 4999+ GST. The rate of interest is 10.50 % to 25.00% (Fixed Rate), and the tenure of 3 Months to 72 Months. 

The processing fee is assessed by the cost that the bank must bear during the loan approval and processing phases. So it cannot be waived off.

I hope this information helps you!

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