HDFC Personal Loan is Secured with Insurance for Borrowers Safety! You aren't able to find a financer for your personal needs that take care of your health? Wait but the HDFC personal loan can make it up to all your financial needs with an insurance cover. You can borrow a loan up to INR 15 lakh from HDFC Bank. If you want money for your home renovation, debt payment or fund transfer, your best-suited partner is HDFC personal loan. Read and find out the features of HDFC loan and the insurance. Transfer your debts to HDFC personal loan! If you are unable to manage your different EMIs at the same time and fall short of funds, then in this situation you must apply for HDFC personal loan. The funds can be transferred to your loan and charged at the same approved interest rate. So, if you are lucky to get the lowest interest rate to your borrowed amount, it would be better to meet the finances and pay them. HDFC Bank provides you a maximum of 5 years to pay the loan. And the payment can be started from the next month of the loan disbursement. You can take help of the online HDFC personal loan calculator to pay the loan amount. Visit the HDFC bank website to use the tool. Just enter your loan, interest rate and tenure and the approximate EMI would be generated. For example, you get a loan approval of INR 10 lakh from HDFC Bank at 11.88% and after the debt consolidation, the amount is INR 13.45 lakh. So, the EMI of your HDFC personal loan would be INR 29,837. How HDFC personal loans provide security? You will feel secure and safe with the HDFC security or personal insurance. The amount for the insurance offer is deducted from your disbursal amount. And after that, you can get support from HDFC Bank whenever you meet with an accident during the loan tenure. The borrower can claim up to INR 8 lakh for the hospitalization charges, etc. Also, the bank provides you INR 1 lakh critical illness cover with your HDFC personal loan and a credit shield to your outstanding balance. It is an optional scheme for the customers and it totally depends on the borrower whether they need an insurance cover or not with their personal loan. Get an HDFC personal loan and pay for it online! The loan process is digitally active at HDFC Bank so you don’t worry about going to the branch to do the paperwork. Just fill-up an online application form and submit it by going to the HDFC Bank official website. If you have an existing account or relation with HDFC Bank, you can use
the mobile app. To submit the KYC and income proof you can use the online service and upload the documents. You also need to pay a processing fee of 2.50% of your loan amount. So, when you complete the process and the loan is disbursed you can use it for your financial purpose. Whether you have wedding expenses or need the fund for medical aid, you can use the HDFC personal loan for all your needs with an optional safety.