
HDB Bank | Business Loan | 25-Feb,2021
About HDB Bank: HDB Financial Services (HDBFS) is a non-banking financial company (NBFC) in India, incorporated in 2007. It is a subsidiary of HDFC Bank Limited. It offers a wide range of loan products, including personal loans, business loans, car loans, home loans, and others.
Detail: Candidates should be at least 22 years of age to be eligible for a business loan.
Annual Percentage Rate (APR): 13.99%
Minimum & Maximum period for repayment (Loan Tenure): 12 to 60 months
Loan processing charges: Upto 2% of the loan amount
Late Payment: Allowed after 12 EMI's, 2 - 4%
Foreclosure Charges: N/A
Partpayment Charges: Allowed at Nil Partpayment charges
Maximum Loan Amount: Upto 30 Lakh
Sector : Finance
Industry : Regional Banks
HDB Financial Services Limited is a non-banking financial company (NBFC) incorporated on June 4, 2007. The company is classified as a non-government company and is registered with the Registrar of Companies, Ahmedabad. It offers a variety of loans, including personal loans, business loans, car loans, home loans, and others.
You will go on the Official website.
| HDB Bank | ROI | Max Loan Amount | Tenure | Processing Fee | Late Payment | Foreclosure Charges | Partpayment Charges | |
|---|---|---|---|---|---|---|---|---|
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Personal Loan | 14.99% (Fixed) | Upto Rs. 20 Lakh | 12 to 60 months | Up to 2% of the loan amount excluding service tax | -- | -- | -- |
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Car Loan | -- | Upto 90% of the vehicle value | 12 to 48 months | Upto 2% of the loan amount | -- | -- | -- |
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Business Loan | 13.99% | Upto 30 Lakh | 12 to 60 months | Upto 2% of the loan amount | Allowed after 12 EMI's, 2 - 4% | N/A | Allowed at Nil Partpayment charges |
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