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HDFC Bank was incorporated in the year It is the fifth largest bank in India by assets size. HDFC Bank has won the trust of its customers over the years and has become a market leader in unsecured loans in India.
Learn more about the eligibility and documentation for HDFC bank unsecured loans. The credit limit is set in a separate Current account which drops monthly till the end of the tenure. Interest is payable only on the amount utilized. This is considered at the time of disbursement of your loan. How much Business Loan Can I get? You can avail of a loan in the range of Rs 50, to Rs 50,00, depending upon your income, repayment capacity and your business location city.
You can repay the loan in equal monthly installments EMIs. For how long can I avail a Business Loan? How long will it take for me to get a Business Loan? Once you submit your complete application form along with supporting documents, you shall get disbursement within 5 working days provided everything is in order. All loan approvals are at the sole discretion of HDFC bank. Yes, you can choose to prepay your loan anytime after 6 months of taking the loan along with applicable foreclosure charges.
Is There Any Fees for using Gullakh. With your social media account. Dropline Overdraft Facility up to Rs. Tenure in the range of months. Self-employed individuals, Proprietors, Private Ltd. Minimum turnover of business should be of Rs. NIL However Inerest would be charged for the interim period between date of loan disbursement and date of loan cancellation and processing fees would be retained.