Check out Loans for Professionals Interest Rates & Charges offered by HDFC Bank

Invest in your professional practice with instant loans from HDFC Bank. Get up to ₹ 50 lakh, over the counter.

Invest in your professional practice with instant loans from HDFC Bank. Get up to ₹ 50 lakh, with in-principle approval in a minute online or over the counter. Enjoy attractive repayment options, with pocket-friendly EMIs, and tenures ranging from 12 to 60 months. If you already have a professional loan with another bank, reduce your EMIs by transferring the balance to HDFC Bank.

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TERMS & CONDITIONS

Enclosed below are HDFC Bank Loans for professionals Interest Rates & Charges

Senior Citizen Customers are eligible for discount of 10% on all service charges

Fee	Charges
Rack Interest Rate Range	11.01% to 14.00%
Loan Processing Charges	Up to 2.00% of the loan amount NIL Processing Fees for loan facility up to Rs. 5 Lakh availed by Micro & Small Enterprises subject to URC submission prior to disbursal
Premature Closure Charges (For Full Payment)	Premature closure Charges (applicable on principal outstanding) post Cooling Period off / look-up Period. Up-to 24 EMI repayment - 4% of principal outstanding, Post 24 EMI and up to 36 EMI repayment - 3% of principal outstanding, Post 36 EMI repayment - 2% of principal outstanding.
Premature Closure Charges (For Part payment)	Partial Premature closure charges (applicable on part payment amount) :- Partial premature payment is allowed post payment of first EMI. Post 01 EMI and up to 24 EMI repayment - 4% of part payment amount. Post 24 EMI and up to 36 EMI repayment - 3% of part payment amount. Post 36 EMI repayment- 2% of part payment amount. Partial premature payment is allowed up to 25% of Principal Outstanding, only once in the financial year and twice during the loan tenure.
	NIL Premature Closure Charges for Fixed rate loan facility up to ₹ 50 Lakh availed by Micro & Small Enterprises, Closure from Own Source, and submission of Udyam Registration Certificate prior to disbursal.
Loan Closure Letter	NIL
Duplicate Loan Closure Letter	NIL
Solvency Certificate	Not applicable
Charges for changing from fixed to floating rate of interest	Not applicable
Charges for changing from floating to fixed rate of interest	Not applicable
Stamp Duty & other statutory charges	As per applicable laws of the state
Credit assessment charges	Not applicable
Non standard repayment charges	Not applicable
Repayment mode change charges	Rs 500/-
Amortization Schedule Charges / Repayment Schedule Charges	Rs 50/- Per Instance
Loan cancellation Charges & Rebooking Charges	Loan cancellation Charges: Loan cancellation is allowed within cooling off/look-up period from the loan disbursement date. In the event of loan cancellation, interest charged from date of disbursement till the date of loan cancellation will be borne by the customer. Processing Fee, Stamp duty, other statutory charges and GST are non-refundable charges and would not be waived/refunded in case of loan cancellation. Rebooking Charges :- ₹ 1000/- + applicable government taxes
Payment Return Charges	₹ 450 Per Instance
Delayed instalment payment charge	18% p.a plus applicable government taxes on overdue instalment amount
Legal /incidental charges	At actual

Rates offered to customer during the period of 1st Jan 2024 to 31st Mar 2024

IRR	Q4 (2023-24)
Min IRR	10.35%
Max IRR	13.78%
Avg IRR	10.97%

Annual Percentage Rate offered to customer during the period of 1st Jan 2024 to 31st Mar 2024

APR	Q4 (2023-24)
Min APR	10.35%
Max APR	13.78%
Avg APR	10.97%

*Government Taxes and other levies as applicable will be charged over and above the Fees and Charges

Loan at the sole discretion of HDFC Bank Ltd.

TERMS & CONDITIONS

Loans for Professionals Fees & Charges

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