Hdfc Bank Business Loan & Hdfc Bank Business Loan Interest Rate

Hdfc Bank Business Loan Interest Rate (Updated on 18 Dec 2018)

INTEREST RATE15.50% to 18.30%
LOAN TENUREMax. 4 Years
PROCESSING FEEUp to 2.50% of the loan amount subject to a minimum of Rs. 1,000/- & Maximum of Rs. 75000/-
GUARANTOR REQUIREDNo
PRE PAYMENT CHARGES
  • No pre-payment permitted until repayment of 6 EMIs
  • 07-24 Months - 4% of Principal Outstanding
  • 25-36 Months - 3% of Principal Outstanding
  • >36 Months - 2% of Principal Outstanding

Hdfc Bank is a private sector bank in india established on 1994. It has headquarter in Mumbai and address is Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400013, Maharashtra. It has 4014 branches across the state 11766 and ATMs across India.

It provides all the financial services to its customers like saving deposit, fixed deposit, recurring deposit, loans, personal loans, netbanking, RTGS, NEFT, IMPS, Atal Pension Yojana, Pradhan Mantri Jandhan Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and many more.

Hdfc Bank Business Loan Interest Rates, Business Loan at 15.50% to 18.30% Updated on 18 Dec 2018. Apply for Business Loans Online. Find purpos, Eligibility, Margin, Repayment of Business Loan ,Security, Documents Required for Business Loan below.

Other Products of Hdfc Bank:

Business Loan Purpose

To provide hassle-free, tailor-made and with easy documentaion loan to meet your unique business need from business expansion and working capital, to your child's education or a home renovation. Offers doorstep service plus a host of benefits. Transfer existing Business Loan to HDFC Bank for lower EMIs, and enjoy more benefits..

Business Loan Eligibility

  1. Self employed individuals, Proprietors, Private Ltd. Co. and Partnership Firms involved in the business of Manufacturing, Trading or Services
  2. The business should have a minimum turnover of Rs. 40 lakhs
  3. Individuals who have been in the current business for a minimum of 3 years, with 5 years total business experience
  4. Those whose business has been profit making for the previous 2 years
  5. The business should have a Minimal Annual Income (ITR) of Rs. 1.5 lakhs per annum
  6. The applicant should be at least 21 years at the time of applying for the loan, and should be no older than 65 years at the time of loan maturity

Business Loan Document Required

  1. Completely Filled Business Loan Application Form
  2. PAN Card - For Individual / Partnership Firm / Company
  3. Identity Proof - Any one (e.g. Voter ID / Driving License / Passport / Aadhar Card)
  4. Address Proof - Any one (e.g. Voter ID / Driving License / Passport / Telephone Bill / Electricity Bill / Registered Lease Deed or Sale Agreement / Bank Statement)
  5. Ownership proof of either residence or office either in the name of applicant or jointly with family members
  6. Business Continuity Proof - Any one document dated 5 years old (Bank Statement / Sales Tax Challans / IT Returns / Shops & Est. Certificate / Certificate of Incorporation / Partnership Deed)
  7. Proof of Vintage eg. Shops & Establishment certificate/VAT/Sales Tax Registration Certificate, etc
  8. KYC documents of Applicant/ Co-Applicant/ Promoters/ Guarantor
  9. Passport Size Photographs of all applicants and co-applicants
  10. Financial Projection for 2 years
  11. Last 3 year Financial Statement including latest 2 years Audited Statements along with all schedules
  12. Bank statements from the borrower's main account/s for last 6 months and 3 months of all other bank accounts mentioned in the Balance Sheet
  13. Any other document as required by the bank based on the status of the applicant.

Business Loan Amount

Up to Rs. 40 lakhs (up to Rs. 50 lakhs in select locations). Can avail Rs 50,000/- to Rs 50,00,000/- depending on your income, repayment capacity and respective location product cap

Business Loan Repayment

12 to 48 months

Security

Nil

Hdfc Bank Contact Details

  • BANK OFFICIAL WEBSITE - www.hdfcbank.com
  • CONTACT NUMBERS - 1800224060, 022-28569303
  • EMAIL ID - managingdirector@hdfcbank.com
  • MISSED CALL NO. - 18002703333
  • TOTAL BRANCHES - 4014
  • TOTAL ATMS - 11766
  • HEADQUARTER - Mumbai
  • BANK ADDRESS - Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400013, Maharashtra

Upcoming Bank Holidays

2018 December 19 is a bank holiday in Goa due to Goa Liberation Day.
2018 December 24 is a bank holiday in Meghalaya due to Christmas Festival.
2018 December 25 is a bank holiday in Andaman And Nicobar Island due to Christmas.
2019 January 01 is a bank holiday in Manipur due to New Year's Day.
2019 January 01 is a bank holiday in Nagaland due to New Year Day.
2019 January 02 is a bank holiday in Mizoram due to New Year's Celebration.

Financial Calculators

Hdfc Bank Loan Services

Search IFSC/MICR/ATM

 

 

 

ALL INDIA BANKS LIST
A B BANK LIMITED ABN-AMRO Bank N.V ABU DHABI COMMERCIAL BANK AIRTEL PAYMENTS BANK LIMITED
ALLAHABAD BANK American Express Banking Corp ANDHRA BANK Antwerp Diamond Bank NV
AU SMALL FINANCE BANK LIMITED AXIS BANK B N P PARIBAS BANDHAN BANK LIMITED
BANK OF AMERICA BANK OF BAHARAIN AND KUWAIT BSC BANK OF BARODA BANK OF CEYLON
BANK OF INDIA BANK OF MAHARASHTRA BANK OF TOKYO MITSUBISHI LIMITED BARCLAYS BANK
BHARATIYA MAHILA BANK LIMITED Calyon Bank CANARA BANK CAPITAL SMALL FINANCE BANK LIMITED
CATHOLIC SYRIAN BANK LIMITED CENTRAL BANK OF INDIA CHINATRUST COMMERCIAL BANK LIMITED CITI BANK
CITY UNION BANK LIMITED CORPORATION BANK DBS Bank Ltd DCB BANK LIMITED
DENA BANK DEUSTCHE BANK DHANALAKSHMI BANK EQUITAS SMALL FINANCE BANK LIMITED
ESAF SMALL FINANCE BANK LIMITED EXPORT IMPORT BANK OF INDIA FEDERAL BANK FINCARE SMALL FINANCE BANK LTD
HDFC BANK HSBC BANK HSBC BANK OMAN SAOG ICICI BANK LIMITED
IDBI BANK IDFC BANK LIMITED INDIAN BANK INDIAN OVERSEAS BANK
INDUSIND BANK JAMMU AND KASHMIR BANK LIMITED JP MORGAN BANK JSC VTB BANK
KARNATAKA BANK LIMITED KARUR VYSYA BANK KOTAK MAHINDRA BANK LIMITED Krung Thai Bank Public Co. Ltd
LAXMI VILAS BANK MASHREQBANK PSC MIZUHO CORPORATE BANK LIMITED NORTH EAST SMALL FINANCE BANK LIMITED
OMAN INTERNATIONAL BANK SAOG ORIENTAL BANK OF COMMERCE PUNJAB AND SIND BANK PUNJAB NATIONAL BANK
RBL Bank Limited SBM BANK MAURITIUS LIMITED SHINHAN BANK SOCIETE GENERALE
SONALI BANK LTD SOUTH INDIAN BANK STANDARD CHARTERED BANK STATE BANK OF BIKANER AND JAIPUR
STATE BANK OF HYDERABAD STATE BANK OF INDIA STATE BANK OF MYSORE STATE BANK OF PATIALA
STATE BANK OF TRAVANCORE SURYODAY SMALL FINANCE BANK SYNDICATE BANK TAMILNAD MERCANTILE BANK LIMITED
THE BANK OF NOVA SCOTIA THE NAINITAL BANK LIMITED UBS AG UCO Bank
Ujjivan Small Finance Bank Limited UNION BANK OF INDIA UNITED BANK OF INDIA UNITED OVERSEAS BANK LIMITED
UTKARSH SMALL FINANCE BANK VIJAYA BANK Woori Bank YES BANK
ZILA SAHAKARI BANK LTD